Surgical instrument tracking systems market to hit of 17.3% CAGR and expected to reach 204.8 $ million by 2021

The global surgical instrument tracking systems market is projected to reach USD 204.8 million by 2021 from USD 92.2 million in 2016, at a CAGR of 17.3% from 2016 to 2021. The report provides qualitative insights about key market shares, growth rates, and market drivers for all important subsegments. It maps the market size and growth rates of each subsegment and identifies the segment projected for rapid growth in each of the geographic segments.

The global surgical instrument tracking systems market is expected to reach USD 204.8 Million by 2021 from USD 92.2 Million in 2016, at a CAGR of 17.3% during the forecast period 2016 to 2021. Factors such as the impact of the UDI regulation, rising need for inventory management and better patient care, and the need to minimize the operational expenses of healthcare facilities are driving the global market.