Orthopedic Software Market – Global Industry Analysis and Forecast (2023-2029)

 Orthopedic Software Market is expected to reach US$ 520.9 Mn. at a CAGR of 5% during the forecast period 2029.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters.Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Orthopedic Software Market Snapshot
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Orthopedic Software provides accurate delivery of patient’s information regarding medical parameters. Orthopedic software pertains to maintaining electronic health records (EHR) and also guides surgeons while operating the patients.

Global Orthopedic Software Market is segmented by product, mode of delivery, application, and geography. Product segment is divided as digital templating/pre-operative planning software, orthopedic electronic health record (EHR), orthopedic practice management, orthopedic picture archiving & communication systems and orthopedic revenue cycle management. Various applications covered under the scope of the report are orthopedic surgery, joint replacement, fracture management, and pediatric assessment. Mode of a delivery segment is classified as web-based, on-premises and cloud-based.

A cloud-based segment is expected to register the highest growth during the forecast period. The cloud-based segment is expected to witness a significant amount of growth. This growth is attributed to the lack of upfront capital investments for hardware, a rise in demand for self-driven analytics, extreme capacity flexibility. An end-user segment is classified as home healthcare agencies, hospice care facilities, and nursing homes and assisted living facilities. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

Increasing incidences of lifestyle disorders like obesity and rising incidences of orthopedic problems such as arthritis and osteoporosis are trending the overall Global Orthopedic Software Market. However, an absence of healthcare insurance in emerging economies will restrain market growth. APAC is going to emerge as the highest growth region in Orthopedic Software Market in forecast period followed by North America and Europe. Increasing acceptance and demand for high-end medical infrastructure, increased incidence of bone disorders and lifestyle-related knee, spine and cervical ailments in this region will fuel the Orthopedic Software Market in the APAC region.
Global Orthopedic Software Market Key Highlights:
Assessment of market definition along with the identification of key players and an analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints, and challenges for this market during the forecast period
Complete quantitative analysis of the industry from 2017 to 2022 to enable the stakeholders to capitalize on the prevailing market opportunities
In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
Global Orthopedic Software Market analysis and comprehensive segmentation with respect to the product, mode of delivery, application, and geography to assist in strategic business planning
Global Orthopedic Software Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America and their key regions
Global Orthopedic Software Market Research Methodology:
The research methodology used in this report contains various secondary sources including Bloomberg, Hoovers, and Factiva are some of the sites that are being referred to gain insights about Global Orthopedic Software Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Global Orthopedic Software Market globally.
Global Orthopedic Software Market Key Target Audience:
Research and Consulting Firms as well as Venture capitalists, private equity firms, and startup companies
orthopaedic Software providers
Hospitals and clinics
Healthcare organisations
Contract research organizations (CROs)
Government Bodies
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Global Orthopedic Software Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 370.19 Mn.


Forecast Period 2023 to 2029 CAGR:
5%
Market Size in 2029:
US $ 520.9 Mn.


 Segments Covered:
by Product
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


by Delivery
Web-Based
On-Premises
Cloud-Based


by Application
Orthopedic Surgery
Joint Replacement
Fracture Management
Paediatric Assessment



Global Orthopedic Software Market, by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Global Orthopedic Software Market, Key Players  are
1. GE Healthcare
2. CureMD
3. Quality Systems, Inc.
4. Greenway Health
5. Healthfusion Inc.
6. Mckesson Corporation
7. Curemd
8. Medstrat, Inc.
9. Merge Healthcare Inc.
10. Brainlab AG
11. Materialise NV
12. Philips Healthcare
13. Clinicea
14. Exscribe Orthopaedic Healthcare Solutions
15. IBM Watson Health.
16. Advanced Biologics, LLC
17. Koninklijke Philips N.V.
18. The Ohio Willow Wood Company
19. Response Ortho
20. Vorum Research Corp

Frequently Asked Questions:

1. Which region has the largest share in Global Orthopedic Software Market?
Ans: Asia Pacific region holds the highest share in 2022.

2. What is the growth rate of Global Orthopedic Software Market?
Ans: The Global Orthopedic Software Market is growing at a CAGR of 5% during forecasting period 2023-2029.

3. What is scope of the Global Orthopedic Software Market report?
Ans: Global Orthopedic Software Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. What is the study period of this market?
Ans: The Global Market is studied from 2022 to 2029.