Zion Market Research Surgical Instrument Tracking Systems Market, 2016 | Page 3

Surgical Instrument Tracking Systems Market
budgetary limitations , and lengthy investment cycles can be attributed to the restraining factors of the global surgical instrument tracking market growth .
Global Surgical Instrument Tracking Systems Market : Segmentation
The global surgical instrument tracking market may be segmented based on component , technology , end-user , and region . The component segment of the global market is divided into software , hardware , and services . The hardware segment is assumed to grow in the coming period due to the frequent requirement to change labels or tags , which ultimately leads to repeated purchases . The technology segment of the global surgical instrument tracking market is classified into radio-frequency identification and bar codes . The barcode segment is expected to dominate the technology market owing to its feasible use and low cost for installation . The end-user segment is diversified into hospitals and other . The hospital segment is sub-segmented into private hospitals and public hospitals . The hospital segment of the global surgical instrument tracking systems market is expected to grow at a fast pace due to the increasing need for inventory management to supervise a huge quantity of surgical instruments and to secure better patient well-being . Regionally , the global surgical instrument tracking market is diversified into North America , Europe , Asia-Pacific , Latin America , and the Middle East and Africa .
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