? rthopedic software is software that helps orthopaedic physicians and surgeons improve the way they keep track of information about treatment procedures and clinical data by saving time. This software assists surgeons during surgeries and assists in the maintenance of electronic health records (EHR). Orthopedic software also assist in maintaining workflow for the orthopedic patients. These software also keep the stay record of orthopedic patients from admission to final bill payment. Increasing number of orthopedic disorders and surgeries along with technological advancements in healthcare sector are expected to drive market growth during the forecast period.
MARKET SCOPE
The "Global Orthopedic Software Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the orthopedic software market with detailed market segmentation by product, mode of deployment and application. The report provides key statistics on the market status of the leading orthopedic software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on product the market is segmented as, orthopedic electronic health record, pre-operative planning software, orthopedic picture archiving and communication systems, orthopedic revenue cycle management, orthopedic practice management.
? Based on mode of deployment the market is segmented as, cloud based and on premise.
? Based on application the market is segmented as, orthopedic surgery, fracture management and pediatric assessment.
MARKET DYNAMICS
Drivers:
? Growing prevalence of orthopedic disorders, injuries owing to increasing geriatric population across the globe.
? Rising adoption of EHR and ehealth solutions owing to technological advancements.
? Rising demand for minimally invasive procedures is expected to fuel the market growth during the forecast period.
Restraints:
? However, issues such as, dearth of skilled resources and high cost involved in deployment are expected to restrain market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The orthopedic software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the orthopedic software market in these regions.
IMPACT OF COVID-19ON ORTHOPEDIC SOFTWARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the orthopedic software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from orthopedic software market are anticipated to lucrative growth opportunities in the future with the rising demand for orthopedic software in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the orthopedic software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? Athena Health
? Brainlab AG
? DrChrono Inc
? CureMD Healthcare
? Allscripts Healthcare, LLC
? Greenway Health LLC
? IBM
? Materialise
? Medstrat Inc.
? NXGN Management, LLC