The Europe Orthopedic Software Market would witness market growth of 5.93% CAGR during the forecast period (2019-2025). Orthopedic software seems to be a solution capable of creating a sustainable path for growth prospects in the orthopedic industry. Moreover, other factors such as growing orthopedic problems (due to aging), increasing R&D (along with technological advances), and the prevalence of minimally invasive surgery in developing and developed countries lead to the growth of the orthopedic software market.
Software infiltrates orthopedics at an unprecedented rate. Orthopedics has shifted from a hardware business to a software business. Emerging technologies have a way of sneaking up on the healthcare industry. Companies’ today claim they are selling implants, disposables, equipment, and instruments. Companies keep replicating each other’s products, which makes it difficult to differentiate between products. The hard fact is that over the period, orthopedic hardware has become less relevant.
The augmented reality (AR) technology has gained a high interest in surgical practices. The technology has become a useful tool for decision-making and intra-operative guidance. AR is being applied to a wide range of orthopedic procedures in tumor resection, fracture fixation, arthroscopy, and component alignment for total joint arthroplasty. The adoption of orthopedic EHR, templating, and pre-operative planning are the major driver of market growth. The soaring demand for instant data sharing, specific to the wide number of orthopedic surgeries is projected to further push the market growth.
Based on Product, the market is segmented into Digital Templating/ Preoperative Planning Software, Orthopedic EHR, Orthopedic Practice Management, Orthopedic PACS, Orthopedic RCM and Others. 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 countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Orthopedic Software Market in Europe is expected to register a CAGR of 5.93% during the forecast period (2019-2025)
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.
Market Segmentation:
By Product
By Application
By Mode of Delivery
By Country
Companies Profiled
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