After an exhaustive analysis of the industry, the resultant report starts with a brief but an informative overview. The overview contains the market definition, prominent applications, along with the manufacturing techniques employed. With the aim of analyzing the global Orthopedic Software market, data analysts dive into the competitive scene as well as the latest industry trends, and key regions. The report also offers the product’s price margins combined with the challenges encountered by the manufacturers. In addition, it provides a comprehensive understanding of various dynamics that have a significant impact on the Orthopedic Software market. The report highlights the market situation while keeping 2019 as the base year, and the forecast period ends by 2025.
global Orthopedic Software Market is accounted for $250.9 million in 2016 and expected to grow at a CAGR of 6.3% to reach $385.7 million by 2023. Factors such as rise in style oriented diseases, adoption of minimally invasive surgeries, huge population of elderly patients, enhancement in R&D and technological advancement and enhancing incidence and prevalence rate of arthritis and osteoporosis are driving the market growth. However, emerging economies which have poor healthcare insurance policies and high cost of surgeries are likely to hinder the market growth. Further, emergence of 3d printing technology, increasing awareness about orthopaedic diseases and emerging economies would provide ample opportunity for the market growth.
Evolving reimbursement trends are hitting orthopedic practices particularly hard. In addition, orthopedic physicians tend to have a higher daily patient volume than most other practices, averaging 30 patients per day. Orthopedic providers can take advantage of specialty-specific EHR clinical templates. A robust EHR solution can provide easy access to X-rays and images with cloud-based storage solutions, as well as interfaces to PACS systems within hospitals and from other providers.
With regards to key players, the report gives a detailed comprehension of the market’s competitive outlook paired with the ongoing trends in the manufacturing space. The report sheds light on a number of esteemed vendors that are competing in the market, including established as well as new players.
Some of the key players in global Orthopedic Software market are Quality Systems, Inc. (Nextgen Healthcare Information Systems, LLC.), Merge Healthcare Inc., Medstrat, Inc., Mckesson Corporation, Materialise NV, Healthfusion Inc., Greenway Health, GE Healthcare, Curemd and Brainlab AG.
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Delivery Modes Covered:
• Web Based Solutions
• On-Premise Solutions
• Cloud-Based Solutions
• Orthopedic Revenue Cycle Management
• Orthopedic Practice Management
• Orthopedic Picture Archiving and Communication Systems (PACS)
• Orthopedic Electronic Health Record (EHR)
• Digital Templating/Pre-Operative Planning Software
• Fracture & Limb Deformity Management
• Joint Replacement
• Orthopedic Surgery
• Pediatric Assessment
End Users Covered:
• Independent Orthopaedic Clinics
• Surgery Centers
• Other End Users
o Research Centers
o Nursing Homes
The forecast, as well as analysis of the Orthopedic Software market, is done not on just globally, but also regionally. With context to the region, the report covers the main regions of Middle East & Africa, North America, Europe, Latin America, and Asia Pacific. The latest trends are examined in these regions, apart from various opportunities and outlook that could favor the market in the subsequent years.
Drivers and Challenges
In addition to giving an insight into the fundamental dynamics shaping the Orthopedic Software market, the report also examines a variety of volume trends along with the pricing history and market value. On top of this, numerous potential growth factors, challenges, coupled with opportunities, are appraised to get a precise understanding of the market altogether.
Method of Research
To get an understanding of the market potential in the coming years, the market is scrutinized with respect to various parameters that are part of the Porter’s Five Force Model. Besides, the data analysts also use the SWOT on account of which the report offers explicit information about the Orthopedic Software market. The thorough analysis of the market aids in identifying and highlighting its key strengths, weaknesses, risks, and opportunities.
Table of Content
1 Executive Summary
3 Market Trend Analysis
10 Key Developments
11 Company Profiling
11.1 Quality Systems, Inc. (Nextgen Healthcare Information Systems, LLC.)
11.2 Merge Healthcare Inc.
11.3 Medstrat, Inc.
11.4 Mckesson Corporation
11.5 Materialise NV
11.6 Healthfusion Inc.
11.7 Greenway Health
11.8 GE Healthcare
11.10 Brainlab AG
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