Rise in Surgical Procedures Driving Surgical Instrument Tracking System Market

Researchnews2419 Sep, 2022Business

In 2021, the surgical instrument tracking system market was valued at $209.1 million, advancing with a rate of 13.0% from 2021 to 2030, and by 2030, it is set to hit $627.4 million. The technological advancement in the healthcare sector drives the market growth, attributed to growing requirement for implementation of UDI standards by the FDA. The worldwide rise in surgical procedures performed in hospitals is the primary driver of the market.