1. Market Research
  2. > Healthcare
  3. > Medical Device
  4. > Diagnostic Imaging Market Trends
Global Orthopedic Software Market (2019-2025)

Global Orthopedic Software Market (2019-2025)

  • November 2019
  • 222 pages
  • ID: 5832294
  • Format: PDF
  • By KBV Research

Summary

Table of Contents

The Global Orthopedic Software Market size is expected to reach $396 Million by 2025, rising at a market growth of 6.3% CAGR during the forecast period. Orthopedic software manages a large amount of data from the reports of the laboratory test, such as imaging during diagnosis and for follow up charts of patients during recovery. It has become a standard practice for orthopedic surgeons to manage a large number of laboratory test results, particularly when it comes to diagnostic imaging. In short, orthopedic software like an EHR is used in the orthopedic point of care.

The industry provides a wide range of orthopedic software products. The range includes orthopedic EHR, digital templating/preoperative planning software, orthopedic practice management, orthopedic RCM, orthopedic PACS, and many others. These products are available across surgical settings in either in the cloud space or they exist within the premises. Orthopedic software is used majorly for surgeries or fracture management.

These and many other technologies provide numerous options to the clinicians when it comes to orthopedic software. They can select different vendors for their EHR system, revenue cycle management, practice management, and even analytics. That being said, trying to coordinate multiple contact points, applications, and bridges can potentially lead to disaster and include additional work, extra costs, and miscommunication. This is where all-in-one orthopedic software solutions prove to be extremely helpful.

Based on Product, the market is segmented into Digital Templating/ Preoperative Planning Software, Orthopedic EHR, Orthopedic Practice Management, Orthopedic PACS, Orthopedic RCM and Others. In the products segment, digital templating/preoperative planning software products are projected to rise at the highest growth rate. Preoperative planning for orthopedic procedures, like elective total hip arthroplasty, is gaining traction due to benefits like complication prevention, optimization of critical geometric parameters, a center of rotation, such as leg length, and femoroacetabular changes.

Based on Application, the market is segmented into Fracture Management, Orthopedic Surgery and Others. Based on the Mode of Delivery, the market is segmented into On-Premise and Web/Cloud Based. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Asia Pacific is expected to experience the fastest CAGR over the forecast period due to increased healthcare IT penetration coupled with increased consumer awareness in developing countries like China. Another factor contributing to market growth is the increase in orthopedic procedures.

The major strategies followed by the market participants are Product launches and Partnerships & Collaborations. Based on the Analysis presented in the Cardinal matrix, McKesson Corporation and AllScripts Healthcare Solutions, Inc. are some of the forerunners in the Orthopaedic Software Market. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medstrat, Inc., Greenway Health LLC, Brainlab AG, General Electric (GE), Co., McKesson Corporation, Materialise NV, CureMD Healthcare, NextGen Healthcare, Inc., DrChrono, Inc. and AllScripts Healthcare Solutions, Inc.

Recent strategies deployed In Orthopaedic Software Market

Collaborations, Partnerships, and Agreements:

Oct-2019: AllScripts teamed up with Northwell Health for deploying and developing a cloud-based, voice-enabled EHR across the N.Y.-based health system. This new EHR will use artificial intelligence and provide knowledge to clinicians that deliver exceptional care to the patients.

Sep-2019: NextGen Healthcare announced that University Hospitals Health System, a leading health system selected NextGen® Population Health for helping them in enhancing the patient care. NextGen offers powerful patient analytics, identifies gaps in care practice or pattern variations that helps in improving the population health.

Aug-2019: DrChrono came into partnership with OutcomeMD, a company revolutionizing medical outcome tracking. This partnership gives the practices seamless ability to incorporate patient reported outcomes into their clinical flow using DrChrono’s HER.

Mar-2019: McKesson collaborated with Navigating Cancer for offering enhanced relationship management (PRM) platform to community-based oncologists. Through collaboration with McKesson solutions such as Merit-based Incentive Program and Oncology Care Model and oncology-specific iKnowMed electronic health record (EHR), Navigating Cancer’s PRM will help the oncology practices in their efforts to achieve value-based care.

Mar-2019: DrChrono partnered with 3D4Medical so that the practices across the United States can have the access to 3D interactive modeling and animation videos from within their electronic health record (EHR) for educating the patients in a better way.

Jan-2019: AllScripts announced the collaboration with Premier Orthopaedics in which AllScripts will integrate its Practice Management software, full Payerpath suite of solutions, Professional EHR, and consumer/patient engagement platform FollowMyHealth into technology Premier currently uses.

Jan-2019: AllScripts collaborated with Microsoft for changing the way clinical trials are conducted. This collaboration was focused towards the extension of Allscripts cloud-based EHR platforms.

Jan-2019: NextGen Healthcare signed partnership agreement with Holon Solutions, a healthcare information technology (HIT) vendor. Under this partnership, NextGen will deliver patient-centric population health insights at the point of care in a wide array of electronic health record (EHR) solutions.

Sep-2018: Brainlab came into partnership with Magic Leap, a proprietary spatial computing solutions developer. Under this partnership, Brainlab began marketing the Magic Leap’s technology platform, which redefines how surgeons and other clinicians visualize and access the medical imaging data. These companies will develop medical spatial computing applications for transforming the science and art of patient care.

Mar-2018: Materialise launched TRUMATCH Personalized Solutions Shoulder System in collaboration with DePuy Synthes. In this collaboration, DePuy Synthes will distribute this solution in Canada, United States, New Zealand, Australia, and Europe.

Acquisition and Mergers:

Nov-2019: NextGen Healthcare signed a definitive agreement to acquire Medfusion, a healthcare IT Company. The acquisition will add best-in-class patient access and engagement capability to NextGen Healthcare.

Aug-2019: Materialise signed an agreement to acquire 75% of Engimplan LTDA, a Brazil-based manufacturer of orthopedic and cranio-maxillofacial (CMF) implants and instruments. Under this agreement, Engimplan’s innovative product portfolio combined with Materialise’s expertise in 3D printed medical solutions, which helped in accelerating the introduction of 3D printed, personalized implants, and instruments in the Brazilian Market.

Jun-2018: McKesson acquired Medical Specialties Distributors, a distributor of infusion and medical-surgical supplies. Through this acquisition, McKesson is focused towards the multiple growth pillars as well the comprehensive review of the company operations.

Oct-2017: NextGen Healthcare completed the acquisition of Eagledream Health Inc. for becoming a complete value-based care solution platform.

Product Launches:

Sep-2019: DrChrono launched new EHR features for iPad, iPhone, and Apple Pencil. Through this, Physicians can get any information regarding their practices including lab results, referrals, outgoing and incoming faxes, prescription requests, and online appointments.

Scope of the Study

Market Segmentation:

By Product

• Digital Templating/ Preoperative Planning Software

• Orthopedic HER

• Orthopedic Practice Management

• Orthopedic PACS

• Orthopedic RCM

• Others

By Application

• Fracture Management

• Orthopedic Surgery

• Others

By Mode of Delivery

• On-Premise

• Web/Cloud Based

By Geography

• North America

o US

o Canada

o Mexico

o Rest of North America

• Europe

o Germany

o UK

o France

o Russia

o Spain

o Italy

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o Singapore

o Malaysia

o Rest of Asia Pacific

• LAMEA

o Brazil

o Argentina

o UAE

o Saudi Arabia

o South Africa

o Nigeria

o Rest of LAMEA

Companies Profiled

• Medstrat, Inc.

• Greenway Health LLC

• Brainlab AG

• General Electric (GE) Co.

• McKesson Corporation

• Materialise NV

• CureMD Healthcare

• NextGen Healthcare, Inc.

• DrChrono, Inc.

• AllScripts Healthcare Solutions, Inc.

Unique Offerings from KBV Research

• Exhaustive coverage

• Highest number of market tables and figures

• Subscription based model available

• Guaranteed best price

• Assured post sales research support with 10% customization free

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
15% Off

($3600)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Spinal Implants and Surgery Devices Market by Technology, Product, Type - Global Forecast to 2025

Spinal Implants and Surgery Devices Market by Technology, Product, Type - Global Forecast to 2025

  • $ 5650
  • February 2020

The spinal implants and surgery devices market is projected to grow at a CAGR of 5.0% during the forecast period.The global spinal implants and surgery devices market is projected to reach USD 13.8 billion ...

Hip Reconstruction Devices - Medical Devices Pipeline Assessment, 2019

Hip Reconstruction Devices - Medical Devices Pipeline Assessment, 2019

  • $ 4000
  • October 2019

Hip Reconstruction Devices - Medical Devices Pipeline Assessment, 2019SummaryMedical Devices sector report, “Hip Reconstruction Devices - Medical Devices Pipeline Assessment, 2019" provides an overview ...

Knee Reconstruction Devices - Medical Devices Pipeline Assessment, 2019

Knee Reconstruction Devices - Medical Devices Pipeline Assessment, 2019

  • $ 4000
  • October 2019

Knee Reconstruction Devices - Medical Devices Pipeline Assessment, 2019SummaryMedical Devices sector report, “Knee Reconstruction Devices - Medical Devices Pipeline Assessment, 2019" provides an overview ...


ref:plp2019

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on