Orthopedic Software Market Worth $446.8 Million by 2026 | CAGR: 5.8%: Grand View Research, Inc.
According to the National Inpatient Sample (NIS) survey 2017, the annual number of Total Knee Replacements (TKR) and Total Hip Replacement (THR) performed in
Key suggestions from the report:
- Orthopedic EHR was the largest revenue-generating segment in 2018, owing to the high adoption the software in orthopedic centers
- The digital templating and preoperative planning software are expected to register significant CAGR during the forecast period, attributed to the accurate and time saving mapping of the complex orthopedic procedures
- On-premise mode of delivery accounted for the largest market share in 2018 and is expected to maintain its dominance throughout the forecast period. Rising adoption by the healthcare facilities in the developed as well as developing economies to manage various financial and clinical workflow needs is expected to fuel the growth
North America was held the largest market share in terms of revenue in 2018 mainly due to the increased R&D activities by the key market players present in the regionAsia Pacific is expected to expand at the fastest CAGR during the forecast period owing to rising acceptance of healthcare IT coupled with rising awareness in developing countries such asChina - IBM;
CureMD Healthcare ;Athena Health ;GreenWay Health LLC ;Brain Lab ;Medstrat Inc. ;Materialise NV ;NextGen Healthcare LLC ; drchrono Inc.; andAllScript Healthcare Solution Inc. are some of the key market players
Read 145 page research report with ToC on "Orthopedic Software Market Size, Share & Trends Analysis Report By Product (Digital Templating/Preoperative software, Orthopedic EHR), By Mode Of Delivery, By Application, And Segment Forecasts, 2019 - 2026'' at: https://www.grandviewresearch.com/industry-analysis/orthopedic-software-market
Technological advancements are also expected to further propel the growth of the orthopedic software market. Incorporation of Artificial Intelligence (AI) to develop specific software products for individual modalities is expected to further boost the demand. For instance, In
Favorable government regulations, such as HITECH law in
The companies enter into strategic collaborations to gain greater market share. For example, in
- Orthopedic Software Product Outlook (Revenue, USD Million, 2014 - 2026)
Digital Templating/ Preoperative Planning Software - Orthopedic EHR
- Orthopedic Practice Management
- Orthopedic PACS
- Orthopedic RCM
- Others
- Orthopedic Software Mode of Delivery Outlook (Revenue, USD Million, 2014 - 2026)
- Web/Cloud Based
- On-Premise
- Orthopedic Software Application Outlook (Revenue, USD Million, 2014 - 2026)
- Orthopedic Surgeries
- Fracture Management
- Others
- Orthopedic Software Regional Outlook (Revenue, USD Million, 2014 - 2026)
North America U.S. Canada Europe Germany U.K. France Italy Spain Russia Asia Pacific Japan China India Australia South Korea Latin America Mexico Brazil Argentina Middle East &Africa South Africa Saudi Arabia UAE
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