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Orthopedic Software Market Size, Share 2020-Industry & Regional Trend, Future Growth || Leading Players – McKesson Corporation, Greenway Health, LLC, General Electric Company, Exscribe Orthopaedic Healthcare Solutions

Orthopedic Software Market

With this Orthopedic Software Market document, businesses can get details about market drivers and market restraints which help them to take presumption about reducing or growing the production of particular product. When globalization is growing day by day, many businesses call for global market research consisting of actionable market insights that support decision making. This global market report analyses chief factors of the market which provides precise data and information for the business growth. To implement this Orthopedic Software Market research study, competent and advanced tools and techniques viz SWOT analysis and Porter’s Five Forces Analysis have been employed.

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Orthopedic Software Marketing report helps to discover the probable market for a new product to be launched and the most apt method for the distribution of certain product. A formalised and managerial approach has been taken up to do the same to understand all the above mentioned aspects. The report also studies the trends in consumer and supply chain dynamics that helps in building up production strategies for industry. Global Orthopedic Software Market research report is one of the best and comprehensive market research reports which underline the challenges, market structures, opportunities, driving forces, emerging trends, and competitive landscape of industry.

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
  • Europe
  • Asia-Pacific
  • 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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