Global Orthopedic Software Market Competitive Strategies and Worldwide Demand with Top players- Materialise, IBM Watson Health, BRAINLAB, ORG, CureMD Healthcare, Medstrat, Inc

To prosper in this competitive market place, businesses consider taking up innovative solutions and market research report is one of them. Analysis and estimations derived through the enormous information gathered in this Global Orthopedic Software Systems Market analysis report are extremely necessary when it comes to dominating the market or creating a mark in the market as a new emergent. A lot of efforts have been put together and no stone is left unturned while generating this report. This Global Orthopedic Software Systems Market report represents a professional and all-inclusive study of the industry which focuses on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis.  

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.

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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.

Global Orthopedic Software Market By Product (Pre-operative Planning, Orthopedic EHR, Orthopedic PACS), Applications (Orthopedic Surgery, Joint Replacement, Fracture Management, Pediatric Assessment), Mode of Delivery (Web Based, Cloud Based, On Premises), Geography (Europe, North America, Asia-Pacific, South America and Middle East & Africa) – Industry Trends & Forecast to 2026

Competitive Analysis:

The global orthopedic software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of orthopedic software market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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.

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

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

By Product

Pre-operative Planning
Orthopedic HER
Orthopedic PACS

By Application

Orthopedic Surgery
Joint Replacement
Fracture Management
Pediatric Assessment

By Mode of Delivery

Web Based
Cloud Based
On Premises

By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

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Key Developments in the 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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