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Orthopedic Software Market by Product , Applications, Mode of Delivery - Global Forecast to 2020

Orthopedic Software Market: Global Forecast until 2020

  • March 2015
  • 141 pages
  • ID: 2919433
In this report:
This geographic segment was valued at $##.## million in 2015 and is expected to reach $##.## million by 2020, growing at a CAGR of ##.##% during the forecast period.
This geographic segment was valued at $##.## million in 2015 and is expected to reach $##.## million by 2020, growing at a CAGR of ##.##% from 2015 to 2020.

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Orthopedic software is used before, during and after orthopedic surgeries by surgeons. While there are distinct types of software used by orthopedic surgeons, digital templating software is most widely used, as they enable advanced orthopedic surgical planning. Orthopedic EHR and orthopedic picture archiving and communication systems are also some of the other software preferred by orthopedic surgeons.

The overall orthopedic software market is anticipated to grow at a compound annual growth rate (CAGR) of 5.10 percent from 2014 to 2020. The overall orthopedic software market is largely driven by growing incidences of orthopedic ailments including arthritis and osteoporosis, high number of orthopedic surgeries, and increasing geriatric population which is more prone to orthopedic related problems. Focus on minimally invasive techniques for knee and hip surgeries as distinguished to traditional orthopedic surgeries is also anticipated to propel the increase of this market.

The overall orthopedic software market is mostly broken down by products, applications, and mode of delivery. The products market is further sub-segmented into pre-operative planning software, orthopedic EHR, practice management, orthopedic picture archiving and communication systems, and orthopedics revenue cycle management. The sector by applications includes orthopedic surgeries, joint replacement, fracture and limb deformity management, and pediatric assessment. Established on the mode of delivery the market is further sub-divided into web-based, cloud based, and on premises systems.

While the North American and European industries for orthopedic software remain highly penetrated, Asia Pacific (APAC) is projected to register the more important rise during the outlook period. This is mainly attributed to growing investment in healthcare IT and increasing awareness especially in countries including China and Japan (JP) from this area. Materialise NV, Merge Healthcare Inc., Brainlab AG, CureMD, Medstrat, Incorporated, HealthFusion Inc., McKesson Corporation, and Greenway Health are some of the prominent actors in this industry. Acquisitions and latest product launches are some of the main strategies approved by these actors to preserve their share of market and increase in this sector.

Why Purchasing This Study Can Help You:

The industry report will increase both established firms as well as new entrants/smaller companies, and allow them to measure the pulse of the sector, which in turn will facilitate organizations collect greater segment market share. Companies obtaining the study could use one or a combination of the below mentioned strategies (sector entry, product improvement/innovative projects, sector development, business diversification, and opposing assessment) for rising their market shares.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on the product types provided by the top actors in the orthopedic software market. The market research examines the orthopedic software market by type of products, applications, and mode of delivery.

- Product improvement/Innovative products: In-depth understanding on the next trends, analysis and growth activities, and recent product launches in the orthopedic software market.

- Industry development: Highlighted information about the profitable emerging sectors by product, applications, and area.

- Industry diversification: Complete information about recent products, increasing geographies, recent evolutions, and market investments in the orthopedic software market.

- Opposing assessment: Detailed assessment of market shares, increase strategies, products, distribution networks, manufacturing competences, and SWOT analyses of the leading actors in the orthopedic software market.

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