Towards Healthcare
Surgical Instrument Tracking Systems Market Expands at 15.14% CAGR till 2034

Surgical Instrument Tracking Systems Market 2025 to 2034 Cloud Adoption & AI Boost Global Expansion

Projections indicate that, the global surgical instrument tracking systems market will increase from USD 315.8 million in 2024 to USD 1314.5 million by 2034, experiencing a CAGR of 15.14% over the next 10 years. The global market is driven by the rising focus on patient safety and affordable systems. Ongoing healthcare expenses in North America are fueling this region’s market growth.

Category: Healthcare IT Insight Code: 5995 Format: PDF / PPT / Excel

Surgical Instrument Tracking Systems Market Size, Key Players and Segment Insights

The global surgical instrument tracking systems market size is calculated at US$ 315.8 in 2024, grew to US$ 363.61 million in 2025, and is projected to reach around US$ 1314.5 million by 2034. The market is expanding at a CAGR of 15.14% between 2025 and 2034.

Surgical Instrument Tracking Systems Market Size 2024 to 2034

Accelerating aging populations and their highest susceptibility to chronic diseases are fueling demand for advanced surgical technologies with appropriate tracking systems. Alongside infection-control and compliance pressure, it escalates procedure effectiveness, and the shift from manual logs to automated instrument-level traceability is impacting the global surgical instrument tracking systems market. Primarily, this market uses barcode/2D scanning, RFID, software, automated scanners/cabinets, and analytics. Recent trends are supporting insights into surgical workflows, instrument application, and inventory management will improve resource allocation and decision-making.

Key Takeaways

  • Surgical instrument tracking systems sector pushed the market to USD 315.8 million by 2024.
  • Long-term projections show USD 1314.5 million valuation by 2034.
  • Growth is expected at a steady CAGR of 15.14% in between 2025 to 2034.
  • North America dominated the market in 2024.
  • Asia Pacific is expected to grow at the fastest CAGR during 2025-2034.
  • By technology, the barcode-based tracking segment captured nearly 40% share of the surgical instrument tracking systems market in 2024.
  • By technology, the RFID (UHF/NFC) segment is expected to be the fastest-growing in the coming years.
  • By product component, the hardware segment was dominant in the market with approximately 45% share in 2024.
  • By product component, the software & SaaS segment is expected to register a rapid expansion during the forecast period.
  • By application/use case, the instrument inventory management & tray assembly segment held nearly 38% revenue share of the market in 2024.
  • By application/use case, the OR workflow & missing-item prevention segment is expected to witness the fastest growth in the studied years.
  • By end user, the hospitals segment held a major share of approximately 68% of the market in 2024.
  • By end user, the ambulatory surgery centers (ASCs) segment is expected to grow at a rapid CAGR over the projected period.
  • By deployment mode, the on-premises segment led the surgical instrument tracking systems market in 2024.
  • By deployment mode, the cloud/SaaS segment is expected to grow rapidly during 2025-2034.

Quick Facts Table

Table Scope
Market Size in 2025 USD 363.61 Million
Projected Market Size in 2034 USD 1314.5 Million
CAGR (2025 - 2034) 15.14%
Leading Region North America
Market Segmentation By Technology, By Product Component, By Application / Use Case, By End User, By Deployment Mode, By Region
Top Key Players Becton, Dickinson & Co. (BD), Censis Technologies, Fingerprint Medical Ltd., Getinge AB, Scanlan International, STERIS / Steris PLC, Xerafy Singapore Pte. Ltd., Spatrack Medical, Steelco S.p.A., Terso Solutions / Terso, Ternio Group / other RFID integrators , BD / SterilTrack, Stryker, Agfa / Sectra / OR IT integrators, Surgical Safety Technologies, Halyard Health / Owens & Minor, Novacentrix / small RFID hardware suppliers, MettlerToledo / OEMs, Spartan Bioscience/niche regional integrators, Regional/contract manufacturers and systems integrators

Market Overview: Integration of Hardware & Software

The surgical instrument tracking systems market covers hardware, software, and services used to identify, trace, and manage surgical instruments, trays, implants, and related sterile-processing workflows across the sterile processing department (SPD), operating rooms, and ambulatory surgical centres. Systems use barcode/2D scanning, RFID (autoclavable metal tags / UHF), software (tray & repair history, scheduler integrations, EMR/ERP connectivity), automated scanners/cabinets, and analytics to improve instrument availability, reduce retained-item risk, shorten turnaround, support regulatory traceability, and cut inventory/waste. Key growth drivers are rising surgical volumes, infection-control and compliance pressure, demand for procedure efficiency, and the shift from manual logs to automated instrument-level traceability.

Across the globe, the market is expanding due to a rise in surgical procedures and advancements in tracking technologies, such as RFID and barcode systems.

  • In May 2025, Aesculap, Inc. (Aesculap), an industry leader in sterile processing and operating room solutions, entered into a partnership with Ascendco Health, an innovative health tech company, to accelerate surgical instrument tracking in the US health systems.
  • In May 2024, Crothall Healthcare (Crothall), a global provider of sterile processing and support services, and Ascendco Health (Ascendco), a major health technology innovator, collaborated to transform surgical instruments and quality in sterile processing.

AI Integration in the Surgical Instrument Tracking Systems Market

The application of AI algorithms in the respective market encompasses the analysis of data obtained from different sources, like RFID, barcodes, etc., to achieve real-time monitoring of the surgical workflow. Moreover, AI allows a closed-loop system that traces instruments from sterilization to use, ensuring complete traceability and minimizing the risk of retained surgical instruments. Also, AI-based computer vision assists in the detection and verification of instruments by decreasing human errors and enhancing speed.

For instance,

  • In October 2024, London-based medtech company Scalpel AI secured £3.8 million in funding, led by Mercia Ventures, to expand its worldwide operations.

Market Dynamics

Driver

Raised Focus on Patient Safety and Cost-Effectiveness Approaches

Nowadays, the growing cases of chronic diseases, mainly in the geriatric population, are demanding to boost patient safety. For this, tracking systems support to confirmation of the proper sterilization of all surgical instruments by decreasing the risk of retained instruments and cross-contamination. The surgical instrument tracking systems market is further driven by accelerating inventory management and minimizing instrument loss, which ultimately results in inexpensive and enhanced operational efficiency in hospitals and surgical centers.

Restraint

Hurdles in Existing Systems and Product Recalls

In 2025, widespread involvement of challenges in the developing market is changes of product recalls, mainly those that are relevant to surgical instruments or tracking systems themselves, which can disturb hospital operations and reduce trust in the technology.  Besides this, an integration of existing tracking systems with other hospital information systems and medical devices is emerging as a complex and time-consuming process.

Opportunity

Enhancement in Data Analytics and Collaborations

The surgical instrument tracking systems market will have many opportunities in the upcoming era, such as increasing partnerships and collaborations among healthcare providers, technology vendors, and research institutions. This will lead to the growing demonstration of the advantages of tracking systems with customized solutions, ultimately expanding their adoption. As well as the usage of data generated by different tracking systems for insights into surgical workflows, instrument application, and inventory management will improve resource allocation and decision-making.

Segmental Insights

How did the Barcode-Based Tracking Segment Lead the Market in 2024?

In 2024, the barcode-based tracking segment was dominant in the surgical instrument tracking systems market. This technology possesses several benefits, like its affordability with wider accessibility, and simplicity of execution. Alongside, this technology is one of the advanced and standardized approaches for inventory tracking. This is further fueled by its wide-range application by coupling with other technologies, particularly with RFID and IoT, which develop rigorous and complete tracking measures.

On the other hand, the RFID (UHF/NFC) segment is predicted to expand rapidly. As it enables instrument-level tagging, automated inventory audits, and hands-free reads in sterile environments supports its overall progression in the market. Whereas, this technology accelerated safety by minimizing the risk of misplaced or lost instruments, with reduced possibilities of surgical site infections. Apart from this, it also prevents flood stocking or lack of instruments and ensures the efficiency of sterilization and maintenance schedules.

Why did the Hardware Segment Hold the Biggest Share of the Market in 2024?

In the surgical instrument tracking systems market, the hardware segment registered dominance in 2024. By adopting numerous hardware components in monitoring and managing surgical tools, it supports comprehensive surgical instrument tracking systems. Primarily, they comprise RFID tags, antennas, carts, sterilization-capable tags, and readers, barcode labels, and sensors, allowing real-time tracking of instruments, raising patient safety and operational efficiency in hospitals and surgical centers.

The software & SaaS segment is estimated to witness the fastest growth during 2025-2034. This software connects through dashboards and represents the real-time location of instruments by facilitating rapid retrieval and minimizing time spent searching. Usually, they leverage many technologies such as Censis Technologies, Aesculap, Inc., Synapsis Instrument Tracking System, and KeyDot software, etc. This further helps in streamlining workflows, tracking instruments, and handling inventory.

Which Application Led the Market in 2024?

In 2024, the instrument inventory management & tray assembly segment dominated the surgical instrument tracking systems market with the largest share. The segment is fueled by its ability to maintain a detailed inventory of all surgical instruments, like their location, sterilization status, and usage history. Moreover, tracking assembly assists in the completion and precision of trays before being conveyed to the operating room, lessening the risk of missing instruments during surgery. However, barcodes or RFID tags on instruments and trays enable faster and accurate scanning by verifying the contents of individual trays and mitigating errors.

Although the OR workflow & missing-item prevention segment will grow rapidly during 2025-2034, the provision of excellent communication and coordination among various departments that contribute to the surgical process, such as the OR, sterile processing, and inventory management, is impacting the market expansion. Additionally, widespread sophisticated tracking systems allow the detection of missing items before, during, and after procedures, with reduced risk of retained surgical items (RSIs) and connected complications. The importance of surgical instrument tracking systems in OR workflow and missing-item prevention is expanding patient safety and operational efficiency.

What Made the Hospitals Segment Dominate in the Market in 2024?

The hospitals segment led with the biggest revenue share of the surgical instrument tracking systems market in 2024. The segment includes the application of tracking systems in SPDs to handle instrument inventory, monitor sterilization cycles, and ensure instruments are ready for use. As well as in the case of ORs, these systems support surgeons in rapidly locating the required instruments by minimizing delays and enhancing effectiveness. Commonly used systems in hospitals are Getinge T-DOC, BD SurgiCount, Steris SPM Surgical Asset Management, Aesculap Aicon RTLS, etc.  

And, the ambulatory surgery centers (ASCs) segment is anticipated to expand fastest in the predicted timeframe. These ASCs are also called Central Sterile Services Departments (CSSDs), which are primarily involved in managing the process of cleaning, disinfecting, and sterilizing surgical instruments and other medical equipment. Further, it confirms a high standard of hygiene and infection control within the ASC. Also, these ASCs consist of ORs which especially developed for outpatient surgical procedures, and well-equipped with diverse surgical specialities, like ophthalmology, ENT, and orthopedics.

Why did the On-premises Segment Hold a Major Share of the Market in 2024?

By deployment mode, the on-premises segment dominated the surgical instrument tracking systems market in 2024. Characterization of this deployment mode includes all data regarding instrument tracking, especially inventory, usage, and sterilization records, which are stored on servers owned and managed by the hospital. Besides this, local infrastructures like hospitals maintain different hardware, including servers, readers, etc, and software that are necessary in the tracking systems.

In the future, the cloud/SaaS segment is estimated to witness rapid growth. The ability of this segment to seamlessly share data and alliances between various departments, like Sterile Processing, Operating Room, and Supply Chain, optimizes communication with enhanced coordination. In addition, cloud-based systems offer anytime, anywhere access to instrument data by providing real-time monitoring and management from numerous locations. The emergence of SAVI (Surgical Asset Visibility and Intelligence), which is deployed on Google Cloud, employs cloud services for image storage, data management, and web applications to track surgical instrument sets.

Regional Insights

Why did North America Register Dominance in the Market in 2024?

By accounting for the largest share of the surgical instrument tracking systems market, North America dominated in 2024. Drivers involved in this expansion are the presence of the largest installed base and early adopters with a robust hospital expenditure. Moreover, this region has emerged in growing surgical procedures, with accelerating efforts in value-based healthcare and the adoption of innovative and sophisticated technologies.

For this market,

  • In July 2025, Movora proudly announced its emergence into an exclusivity agreement with Aesculap, a division of B. Braun VetCare, to become the sole distributor of Aesculap Surgical Power Systems and power accessories in North America.

U.S. Market Trends

The surgical instrument tracking systems market in the US is driven by the broader adoption of technologies such as RFID, barcode scanning, and automated data management systems are boosting efficiency and accuracy. Along with this, automated tracking systems assist hospitals in complying with regulatory frameworks and improving audit readiness.

For instance,

  • In February 2025, Novanta Inc., a global technology supplier, entered into a partnership with Identiv, Inc., a leading player in RFID-enabled Internet of Things (IoT) solutions, to simplify the adoption of RFID measures for healthcare OEMs.

Canada Market Trends

The application of 2D barcodes, particularly data matrices and QR codes, is employed in tracking instruments, providing an affordable solution with high readability is propelling the Canadian surgical instrument tracking systems market. However, Haldor Technologies' ORLocate system is utilized by UHN in Canada, which utilizes RFID to monitor surgical instruments and consumables. Also, Oak Valley Health has adopted Steris' SPM system to achieve the tracking of instruments through the entire sterilization process.

Faster Progression of Hospital Capacity is Driving the Asia Pacific

In 2025-2034, the Asia Pacific is predicted to grow rapidly in the market. This region is driven by growing rapid expansion of hospital capacity, which further enhances the use of novel and advanced surgical tracking systems. Additionally, ASAP regions' major countries like China, Japan, and India are highly involved in investment in SPD modernization is fueling ASAP’s surgical instrument tracking systems market growth.

For this market,

  • In December 2024, GS1 Philippines adopted barcode technology in healthcare to simplify workflow for health professionals, strengthening the focus on accelerated patient safety. 

China Market Trends

The surgical instrument tracking systems market in China comprises the presence huge volume of surgeries annually, is demands robust tracking systems to handle instruments. Alongside, the "Healthy China 2030" plan focused on digital traceability of surgical assets, fostering the adoption of solutions like RFID-based tracking systems.

For instance,

  • In February 2025, Carl Zeiss Meditec AG, based in Jena, Germany, introduced its Visumax 800 femtosecond laser with SMILE pro software with approval from the National Medical Products Administration (NMPA) in China.

Japan Market Trends

Escalating collaborations and a strong Japanese regulatory landscape, such as guidelines from the PMDA and MHLW, enable traceability and accountability for medical devices, including surgical instruments.

For instance,

  • In May 2024, Covidien Japan, Inc., one of three Medtronic subsidiaries in Japan, agreed with HOGY Medical Co., Ltd. to cooperate on the sale of SuReFInD®, a medical device used on lung cancer patients.

Accelerating Healthcare Standards are Driving Europe

The increasing healthcare standards among European populations are fueling the adoption of advanced tracking systems in a variety of surgeries. This further expands the surgical instrument tracking systems market with widespread use of cloud-based platforms, which facilitate security and scalability in the storage of instrument data. This ultimately offers real-time access and data-sharing in Europe. Besides this, the EU, like the US, is executing UDI regulations, necessitating unique identifiers on surgical instruments, which aid in tracking and traceability.

UK Market Trends

In the UK, the market is propelled by the requirement for enhanced patient safety and operational efficiency in hospitals. Along with this, ongoing technological breakthroughs, mainly in RFID, are assisting in overall growth, with hospitals highly adopting these systems for excellent inventory management and instrument tracking.

For instance,

  • In May 2025, TORTUS and X-on Health collaborated on the availability of clinical AI assistants to GP practices across the UK.

Germany Market Trends

Enhancing emphasis on patient safety and the presence of major companies that are offering different surgical instrument tracking systems in Germany, including Getinge AB, B. Braun Melsungen AG, Steris PLC, Xerafy, and Haldor Advanced Technologies, is driving Germany’s surgical instrument tracking systems market.

Top Companies in the Market

Surgical Instrument Tracking Systems Market Companies

  • Becton, Dickinson & Co. (BD)
  • Censis Technologies
  • Fingerprint Medical Ltd.
  • Getinge AB
  • Scanlan International
  • STERIS / Steris PLC
  • Xerafy Singapore Pte. Ltd.
  • Spatrack Medical
  • Steelco S.p.A.
  • Terso Solutions / Terso
  • Ternio Group / other RFID integrators 
  • BD / SterilTrack
  • Stryker
  • Agfa / Sectra / OR IT integrators
  • Surgical Safety Technologies
  • Halyard Health / Owens & Minor
  • Novacentrix / small RFID hardware suppliers
  • MettlerToledo / OEMs
  • Spartan Bioscience/niche regional integrators
  • Regional/contract manufacturers and systems integrators

Latest Announcements by Industry Leaders

  • In September 2024, Oracle announced a novel replenishment solution in Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) to support healthcare customers in optimizing inventory management. Chris Leone, executive vice president of applications development, Oracle, commented that collaboration with major RFID vendors enables automating stock replenishment, expanding inventory visibility, improving productivity, and allowing clinicians to time-saving looking for supplies and more time focusing on patients.
  • In December 2024, Intelliguard, a global provider of RFID, announced a strategic partnership with ​Codonics​, a leading player in healthcare technology, to boost patient safety. Mike Kolberg, Vice President & General Manager at Codonics, said that this alliance will assist hospitals in improving precision by ensuring medications are labeled correctly, in compliance with Joint Commission, ASA, and ISMP standards.

Recent Developments in the Surgical Instrument Tracking Systems Market

  • In April 2025, Becton, Dickinson & Co. (BD) unveiled a new monitoring platform equipped with AI-driven programs that focused on predicting potentially life-threatening changes in the patient’s blood pressure during crucial procedures. 
  • In October 2024, pharmaceutical packaging specialist Schreiner MediPharm launched an innovative RFID label with a digital first-opening indication and a special construction reliably protecting the integrated chip against mechanical stress.

Segments Covered in the Report

By Technology

  • Barcode-based Tracking
  • RFID (UHF/NFC)
  • BLE / RTLS / IoT sensor platforms
  • Hybrid solutions

By Product Component

  • Hardware
  • Software & SaaS
  • Implementation & Integration Services
  • Analytics, Reporting & Validation Tools

By Application / Use Case 

  • Instrument Inventory Management & Tray Assembly
  • Sterilization Cycle Traceability & Sterile Processing (SPD) Optimization
  • OR Workflow & Missing-item Prevention
  • Asset Utilization & Preventive Maintenance
  • Regulatory Traceability / UDI Compliance

By End User

  • Hospitals (Sterile Processing Departments & ORs) 
  • Ambulatory Surgery Centers (ASCs)
  • Specialty Surgical Centers & Group Purchasing Organizations (GPOs)
  • OEMs & Third-party Sterile Processors

By Deployment Mode

  • On-premise
  • Cloud / SaaS

By Region 

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 14 August 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and strategy.

Learn more about Shivani Zoting

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

The surgical instrument tracking systems market is worth USD 363.61 million in 2025, and by 2034, it is forecasted to hit USD 1314.5 million, registering a CAGR of 15.14% over the decade.

North America is currently leading the surgical instrument tracking systems market due to the presence of a vast installed base and early adopters with robust hospital expenditure.

Some key players include Becton, Dickinson & Co. (BD), Censis Technologies, Fingerprint Medical Ltd., Getinge AB, and Scanlan International.

The key features of a good tracking system are real-time location tracking, sterilization tracking, instrument usage tracking, inventory management, and integration with other systems etc.

Information contained in a barcode in a hospital setting includes patient identification, medication identification, specimen tracking, and equipment & supply tracking.

GOV.UK, NIH, US FDA, OGD, SAM, US FDA, GMCH, NBA, MDPI.