The research, analysis and estimations about the market have been performed with the steadfast knowledge in this Orthopedic Software Market report. This market report helps to obtain information about all the above factors by giving actionable market insights and comprehensive market analysis. Analysis and discussion of important industry trends, market size, sales volume, and market share are also estimated in this market report. To achieve maximum return on investment (ROI), it’s very fundamental to figure out market parameters such as brand awareness, market landscape, possible future issues, industry trends & customer behaviour where this Orthopedic Software Market report comes into picture.
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Global Orthopedic Software Market report gives clear idea to Healthcare industry in regard with what is already available in the market, what market anticipates, the competitive environment, and what to be get done to surpass the competitor. This market report serves a great purpose of better decision making and achieving competitive advantage. The report supports in evaluating brand awareness, market landscape, possible future issues, industry trends and customer behaviour with which refined business strategies can be fixed. Orthopedic Software Market report has been comprised of a significant data along with future forecast and detailed analysis on a global and regional level.
Market Analysis: Global Orthopedic Software Systems Market
Global Orthopedic Software Systems Market is expected to rise from its initial estimated value of USD 288.05 million in 2018 to an estimated value of USD 422.35 million by 2026 registering a CAGR of 4.9% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising geriatric population over the world and increase in the number of orthopedic surgeries, and increasing numbers of orthopedic problems.
Key Market Competitors:
Few of the major market competitors currently working in the orthopedic software market are Materialise, IBM Watson Health, BRAINLAB, ORG, CureMD Healthcare, Medstrat, Inc., McKesson Corporation, Greenway Health, LLC, General Electric Company, Exscribe Orthopaedic Healthcare Solutions, Advanced Biologics, LLC, Koninklijke Philips N.V., The Ohio Willow Wood Company, Response Ortho, Vorum Research Corp.
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Market Definition: Global Orthopedic Software Systems Market
Orthopedic software helps in preserving electronic health records of patients and further guides’ surgeons during operation of the patients. These records also help the surgeon in preparing a pre-operative plan by delivering the accurate patient information which can be used as guidance during surgery. This process is not only highly time-consuming when performed manually, but also increases the chances of making an error. Installing orthopedic software in hospitals, surgery centers and specialty orthopedic clinics can easily overcome this problem.
Orthopedic Software Market Drivers :
- Rising geriatric population has increased the demand for these instruments as these population usually suffer from orthopedic problems
- Constant innovations and advancements in the industry will act as a major market driver
Orthopedic Software Market Restraints :
- Less number of healthcare insurance for the orthopedic division in developing countries
- Lack of trained professionals is also acting as a major market restraint
Segmentation: Global Orthopedic Software Systems Market
Orthopedic Software Market : By Product
- Pre-operative Planning
- Orthopedic HER
- Orthopedic PACS
Orthopedic Software Market : By Application
- Orthopedic Surgery
- Joint Replacement
- Fracture Management
- Pediatric Assessment
Orthopedic Software Market : By Mode of Delivery
- Web Based
- Cloud Based
- On Premises
Orthopedic Software Market : By Geography
- North America
- South America
- Middle East and Africa
Key Developments in the Orthopedic Software Market :
- In March 2019, Brainlab acquired Medineering which is a developer of application-specific robotic technologies. With this acquisition Brainlab is moving towards the democratization of digital surgery with scalable solutions which can expand clinical frontiers.
- In March, 2016, Brainlab AG launched Auto-Knee software at the American Academy of Orthopaedic Surgeons 2016. Auto-Knee offers fast and comprehensive preoperative planning of knee arthroplasty procedures, and also removes the manual steps by automatically registering landmark. This breakthrough product launch will help to compete with other players.
Reasons to Purchase this Report :
- Current and future of global orthopedic software market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report :
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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