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North America Surgical Instrument Tracking Systems Market Size, Share & Industry Analysis Report By Technology (Barcodes and RFID), By End Use (Hospitals and Other End Use), By Product (Hardware, Software, and Services), By Country and Growth Forecast, 20

Publisher Knowledge Based Value (KBV) Research
Published Jul 18, 2025
Length 147 Pages
SKU # KBV20295630

Description

The North America Surgical Instrument Tracking Systems Market would witness market growth of 13.0% CAGR during the forecast period (2025-2032).

The US market dominated the North America Surgical Instrument Tracking Systems Market by Country in 2024 and would continue to be a dominant market till 2032; thereby, achieving a market value of $185.7 million by 2032. The Canada market is experiencing a CAGR of 15.2% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 15.2% during (2025 - 2032).

New technologies, stringent regulations like the FDA's UDI system, and an increased emphasis on patient safety have all contributed to significant changes in the North American surgical instrument tracking systems market. Using computerised tracking methods that use barcoding and RFID instead of manual ones has improved accuracy, reduced surgical errors, and simplified inventory and sanitation management. By enabling real-time monitoring, predictive analytics, and data-driven decision-making to enhance surgical procedures and ensure they adhere to regulations, cloud computing and IoT integration have further improved these systems.

Leading companies are investing heavily in research and development to create integrated solutions that use RFID, cloud, and IoT technologies in a market that is competitive and changing quickly. Customised solutions and strategic alliances with healthcare providers are assisting the business in expanding its clientele and adhering to various regional regulations. In order to deliver services that add value and create enduring relationships, businesses are focussing on developing user-friendly platforms, comprehensive training, and robust support. Innovation and the future of the SITS business in North America are being shaped by industry-consolidating mergers and acquisitions as well as the arrival of fresh, innovative businesses.

Country Outlook

The U.S. is the largest surgical instrument tracking systems market in the world. This is due to strict regulations such as the FDA's UDI system, a robust healthcare system, and an increased emphasis on patient safety. Since there is a growing need to prevent surgical errors, prevent tools from being left behind, and improve the efficiency of operations, advanced tracking systems are becoming more and more popular. Hospitals are increasingly utilising RFID, RTLS, and barcode systems in tandem to maximise inventory, expedite the reprocessing process, and maintain real-time tracking. Additionally, data and documentation are more accurate when SITS is integrated with EHR and HIS systems. Also, the rates of the surgical site infection (SSI) and standardized infection ratio (SIR) are increasing in the United States. For example, as per the 2023 HAI data results published in the NHSN’s HAI Progress Report, about a 2% increase in the SSI. In addition, the 2023 HAI data found a 3% significant increase in SIR. This increase is creating demand for surgical instrument tracking systems to prevent these infections. In addition, the market is highly competitive, with both large corporations and agile startups constantly entering the market.

The surgical instrument tracking systems market in Canada is steadily expanding. This is a result of increased surgical procedures, a focus on patient safety, and national efforts to digitise healthcare. By investing in traceability technology and adhering to national standards, provincial health authorities—particularly those in Ontario, British Columbia, and Alberta—are setting the standard. Furthermore, Canadians want the inclusion of technology in healthcare. For example, as per the Government of Canada, the demand for virtual care services remains very high; 92% of Canadians want technology that makes health care more convenient and 86% of Canadians believe that technology can help solve issues within country’s health care systems.

Also, the market is shifting from manual processes to new RFID and barcode technologies, which are increasingly being used in cloud-based platforms and hospital IT systems. Due to Canada's decentralised healthcare system, regional variations exist. However, more people are finding it simpler to obtain scalable, multilingual, and compliant solutions because of collaboration between local and international suppliers. Also, with the support of the government and the success stories of their uses is driving the growth.

Based on Technology, the market is segmented into Barcodes and RFID. Based on End Use, the market is segmented into Hospitals and Other End Use. Based on Product, the market is segmented into Hardware, Software, and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Fortive Corporation
  • Becton, Dickinson and Company
  • Xerafy Singapore Pte Ltd.
  • Ternio Group, LLC
  • Getinge AB
  • Steris PLC
  • Censis Technologies, Inc.
  • ScanCARE Pty Ltd
  • B. Braun Melsungen AG
  • Integra Lifesciences Holdings Corporation
North America Surgical Instrument Tracking Systems Market Report Segmentation

By Technology
  • Barcodes
  • RFID
By End Use
  • Hospitals
  • Other End Use
By Product
  • Hardware
  • Software
  • Services
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

147 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Surgical Instrument Tracking Systems Market, by Technology
1.4.2 North America Surgical Instrument Tracking Systems Market, by End Use
1.4.3 North America Surgical Instrument Tracking Systems Market, by Product
1.4.4 North America Surgical Instrument Tracking Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Recent Strategies Deployed in Surgical Instrument Tracking Systems Market
Chapter 5. Key Costumer Criteria - Surgical Instrument Tracking Systems Market
Chapter 6. Value Chain Analysis of Surgical Instrument Tracking Systems Market
6.1 Research & Development (R&D)
6.2 Component Manufacturing & Sourcing
6.3 Software Development & Integration
6.4 System Assembly & Testing
6.5 Marketing & Sales
6.6 Distribution & Logistics
6.7 Implementation & Training
6.8 Data Management & Analytics
6.9 Feedback & Continuous Improvement
Chapter 7. North America Surgical Instrument Tracking Systems Market by Technology
7.1 North America Barcodes Market by Country
7.2 North America RFID Market by Country
Chapter 8. North America Surgical Instrument Tracking Systems Market by End Use
8.1 North America Hospitals Market by Country
8.2 North America Other End Use Market by Country
Chapter 9. North America Surgical Instrument Tracking Systems Market by Product
9.1 North America Hardware Market by Country
9.2 North America Software Market by Country
9.3 North America Services Market by Country
Chapter 10. North America Surgical Instrument Tracking Systems Market by Country
10.1 US Surgical Instrument Tracking Systems Market
10.1.1 US Surgical Instrument Tracking Systems Market by Technology
10.1.2 US Surgical Instrument Tracking Systems Market by End Use
10.1.3 US Surgical Instrument Tracking Systems Market by Product
10.2 Canada Surgical Instrument Tracking Systems Market
10.2.1 Canada Surgical Instrument Tracking Systems Market by Technology
10.2.2 Canada Surgical Instrument Tracking Systems Market by End Use
10.2.3 Canada Surgical Instrument Tracking Systems Market by Product
10.3 Mexico Surgical Instrument Tracking Systems Market
10.3.1 Mexico Surgical Instrument Tracking Systems Market by Technology
10.3.2 Mexico Surgical Instrument Tracking Systems Market by End Use
10.3.3 Mexico Surgical Instrument Tracking Systems Market by Product
10.4 Rest of North America Surgical Instrument Tracking Systems Market
10.4.1 Rest of North America Surgical Instrument Tracking Systems Market by Technology
10.4.2 Rest of North America Surgical Instrument Tracking Systems Market by End Use
10.4.3 Rest of North America Surgical Instrument Tracking Systems Market by Product
Chapter 11. Company Profiles
11.1 Fortive Corporation
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expense
11.1.5 SWOT Analysis
11.2 Becton, Dickinson, and Company
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expense
11.2.5 Recent strategies and developments:
11.2.5.1 Partnerships, Collaborations, and Agreements:
11.2.5.2 Product Launches and Product Expansions:
11.2.6 SWOT Analysis
11.3 Xerafy Singapore Pte Ltd.
11.3.1 Company Overview
11.3.2 Recent strategies and developments:
11.3.2.1 Product Launches and Product Expansions:
11.4 Ternio Group, LLC
11.4.1 Company Overview
11.5 Getinge AB
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Product Launches and Product Expansions:
11.5.5.2 Acquisition and Mergers:
11.5.6 SWOT Analysis
11.6 Steris PLC
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 SWOT Analysis
11.7 Censis Technologies, Inc.
11.7.1 Company Overview
11.8 ScanCARE Pty Ltd
11.8.1 Company Overview
11.9 B. Braun Melsungen AG
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Segmental and Regional Analysis
11.9.4 Research & Development Expenses
11.9.5 Recent strategies and developments:
11.9.5.1 Acquisition and Mergers:
11.9.6 SWOT Analysis
11.10. Integra Lifesciences Holdings Corporation
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expenses
11.10.5 SWOT Analysis

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