The “Global Orthopedic Software Market” report offers comprehensive insights into factors affecting demand, growth, opportunities, challenges, and limitations. It covers global and regional industry dynamics, including research & development, new product launches, and responses from leading players in both global and local markets. The report provides visual representations and regional breakdowns of the Orthopedic Software Market.
Global Orthopedic Software Market is valued at approximately USD 302 million in 2019 and is anticipated to grow with a healthy growth rate of more than 5.8% over the forecast period 2020-2027.
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The orthopedic software is an alternative to the antiquated system that allows orthopedic surgeon or physician to extemporize the way of sustaining the information concerning clinical data and treatment procedures by proficiently saving time. This software also helps in continuing electronic health records (EHR) and assists surgeons throughout the surgeries. It further ensures precise delivery of information regarding the medical factors, thereby encouraging the adoption of orthopedic software across the globe. Furthermore, the rise in incidence of osteoporosis and arthritis due to growing geriatric population, increasing number of orthopedic surgeries, and surging R&D activities are the few factors responsible for the market growth during the forecast period. According to the International Osteoporosis Foundation report 2017, osteoporosis affects higher than 8.9 million fractures among people each year. Comprehensively, 1 in 3 women by the age 50 and 1 in 5 men by the age of 50 is expected to experience osteoporotic fractures in their lifetime. Also, more than 1.6 million hip fractures occur worldwide every year and it is expected to grow more than 4.5 million by 2050. In addition, as per the source, about 75% of all hip fractures occur in women and 25% of hip fracture in people are caused over 50 years of age. Thus, the rise in cases of osteoporosis is likely to promote the adoption of the orthopedic software all over the world. However, the high cost of orthopedic surgeries and the dearth of skilled professionals are the major factors limiting the market growth over the forecast period of 2020-2027.
The regional analysis of the global Orthopedic Software market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rise in number of orthopedic surgeries, along with the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in in burden of orthopedic disorder due to growing geriatric population coupled with surging adoption orthopedic software solutions across developing countries, such as China and India, would create lucrative growth prospects for the Orthopedic Software market across the Asia-Pacific region.
Major market player included in this report are:
International Business Machines Corporation
Athenahealth, Inc.
CureMD Healthcare
Greenway Health, LLC
Brainlab
Medstrat Inc.
Materialise NV
Nextgen Healthcare LLC
DrChrono Inc.
Allscripts healthcare solution Inc.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Digital templating and preoperative planning software
Orthopedic EHR
Orthpedic Practice Management Software
Orthopedic PACS
Orthopedic RCM
Others
By Mode of Delivery:
Cloud/Web Based
On-Premise
By Application:
Orthopedic Surgery
Fracture Management
Others
By Region:
North America: U.S., Canada
Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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Report Overview:
This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the Orthopedic Software market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.
Market Dynamics:
Encompassing a global perspective, this study presents insights into the influential entities within the worldwide Orthopedic Software market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global Orthopedic Software market.
Marketing Insights:
The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global Orthopedic Software market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global Orthopedic Software market. It encapsulates indispensable insights extracted from the Orthopedic Software Market domain, facilitating informed decision-making processes.
This report covers several key questions related to the global Orthopedic Software market, including:
- What can be expected for the Orthopedic Software market in the next decade?
- What are the primary drivers of growth in the global Orthopedic Software market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Orthopedic Software market vary based on the size of the end market?
- What is the breakdown of Orthopedic Software by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Orthopedic Software market?
Our most recent research report showcases the thriving expansion of the global Orthopedic Software Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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