- June 21, 2021
- Posted by: Stratford Team
- Category: Business
DUBLIN–(BUSINESS WIRE)–The “Global Surgical Instrument Tracking Devices Market: Focus on Product Type, Technology, End User, 10 Countries’ Data, and Competitive Landscape – Analysis and Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering.
The radio frequency identification device (RFID) market was valued at $283.4 million in 2020 and is expected to reach $685.9 million by the end of 2031. The market for RFID is anticipated to grow at a CAGR of 9.0% during the forecast period 2021-2031.
The surgical instrument tracking devices are a combination of tracking devices that are specially designed to be implemented on surgical instruments. Barcodes and radio frequency identification devices (RFIDs) are two types based on technology. By product type, surgical instrument tracking devices can be categorized into hardware, software, and services.
Surgical instrument tracking devices are currently dominated by RFIDs and…