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Global Orthopedic Software Market 2021 Size, Share, Growth, Trends and Forecast, Business Opportunities and Future Investments

Orthopedic Software

The report focuses on the favorable Global “Orthopedic Software market” and its expanding nature. The Orthopedic Software market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The orthopedic software market was valued at USD 272.46 million in 2018, and it is expected to register a CAGR of about 7.58 % during the forecast period, 2019-2024.
  • – Orthopedic software is an alternate for the antiquated system, based on paper records. Orthopedic software technique helps to enhance medical proficiency in orthopedic surgeries and treatment.
  • – With increasing patient population and advancements in the healthcare industry, the need to adopt technology has increased. With the increasing implementation of healthcare IT in the healthcare industry, the need for the ability to connect, combine, and share data quickly has also increased.
  • – Orthopedic software is a solution that can create a sustainable path for the growth of the orthopedic industry in the future. In addition, other factors, such as increasing orthopedic problems (due to aging), rising R&D (along with technological advancements), and adoption of minimally invasive surgery in developing and developed countries are contributing to the growth of the orthopedic software mar

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    Key Manufacturers

  • Athenahealth Inc.
  • Brainlab AG
  • CureMd Healthcare
  • GE Healthcare
  • Greenway Health LLC
  • IBM Corporation (Merge Healthcare Inc.)
  • Materialise NV
  • Medstrat Inc.
  • Nextgen Healthcare Information Systems LLC

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Orthopedic Software market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Orthopedic Software market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Orthopedic Software market have also been involved in the study.

    Scope of the Report:

  • Orthopedic software deals with a large amount of data from lab test results, including imaging during diagnosis and for follow-ups charts of the patient during recovery. For orthopedic surgeons, it has become mandatory to deal with a large amount of lab test results, especially when it comes to diagnostic imaging. For the sake of ease, orthopedic software, such as EHR, are being used currently in the orthopedic point of care.
  • The product type segmentation comprises of digital templating/pre-operative planning software, orthopedic electronic health record (EHR), orthopedic practice management, orthopedic picture archiving and communication systems (PACS), orthopedic revenue cycle management, and other equipment and systems.<

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    TOC of Orthopedic Software Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Orthopedic Software market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Orthopedic Software Market Report Covered:

    • The report analyses how Orthopedic Software market will grow in the future.
    • Analyzing various perspectives of the Orthopedic Software market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Orthopedic Software market shares and policies employed by the major market players.
    • Competitive landscape including the Orthopedic Software market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Orthopedic Software market players

    Key Market Trends:

    The Digital Templating/Preoperative Planning Software Segment is Expected to Grow at Rapid Pace

    Preoperative planning for elective total hip arthroplasty (THA) is becoming important, as it prevents complications and also optimizes important geometric parameters, such as leg length, the center of rotation, and femoro-acetabular offset adjustments. With the increasing use of digital radiography, many digital planning software programs are being offered, which are delivering high precision. Combining digital radiography with digital templating has the potential to eliminate errors associated with the manual manipulation of acetate templates and analog radiographs. Furthermore, the companies are innovating new software for precision in total hip replacement (THR) and total knee replacement (TKR). Thus, this is likely to further augment the growth of the segment.

    North America is Expected to Dominate the Market, in Terms of Revenue, and Asia-Pacific is Poised to Grow at the Fastest Rate

    The accounts for the largest share in the global orthopedic software market. As per the American Academy of Orthopedic Surgeons (AAOS), over 7 million people in the undergo hip or knee replacement surgery each year. This high number of surgeries indicates the increased burden of orthopedic disorders in the country. Moreover, population aging is also expected to drive the total number of orthopedic procedures. According to the US Census Bureau analysis, the elderly population is expected to nearly double in the next 25 years.

    The Asia-Pacific region is expected to register the highest growth, during the forecast period. As the healthcare IT industry is growing in this region, the adoption of orthopedic software solutions is expected to rise during the forecast period.

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    Study objectives of Orthopedic Software Market Report:

    • To provide a detailed analysis of the market structure along with the Orthopedic Software market forecast of various segments and sub-segments of the Orthopedic Software market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Orthopedic Software market trends that influence the global Orthopedic Software market

    Detailed TOC of Orthopedic Software Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rising Aging Population
    4.2.2 Increasing Orthopedic Problems and Injuries
    4.2.3 Rising Adoption of Minimal Invasive Surgeries
    4.2.4 Increasing R&D and Technological Advancements
    4.3 Market Restraints
    4.3.1 Absence of Healthcare Insurances in the Emerging Economies
    4.3.2 Lack of Skilled Professionals
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Digital Templating/Preoperative Planning Software
    5.1.2 Orthopedic Electronic Health Record (EHR)
    5.1.3 Orthopedic Practice Management
    5.1.4 Orthopedic Picture Archiving and Communication Systems (PACS)
    5.1.5 Orthopedic Revenue Cycle Management
    5.1.6 Other Equipment and Systems
    5.2 By Mode of Delivery
    5.2.1 Cloud/Web Based
    5.2.2 On-premise
    5.3 By Application
    5.3.1 Orthopedic Surgery
    5.3.2 Fracture Management
    5.3.3 Other Applications
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Athenahealth Inc.
    6.1.2 Brainlab AG
    6.1.3 CureMd Healthcare
    6.1.4 GE Healthcare
    6.1.5 Greenway Health LLC
    6.1.6 IBM Corporation (Merge Healthcare Inc.)
    6.1.7 Materialise NV
    6.1.8 Medstrat Inc.
    6.1.9 Nextgen Healthcare Information Systems LLC

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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