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Global Orthopedic Software Systems Market Challenges and Standardization, Research, Key Players with COVID 19 Impact Analysis and Forecast to 2026

Global Orthopedic Software Systems Market

DBMR has added a new report titled Global Orthopedic Software Systems Market with data Tables for historical and forecast years represented with Chats & Graphs spread through Pages with easy to understand detailed analysis. According to the credible Global Orthopedic Software Systems marketing report, the major market players are making moves like product launches, joint ventures, developments, mergers and acquisitions which has influence on the market and Industry as a whole and also affecting the sales, import, export, revenue and CAGR values. It highlights a wide-ranging evaluation of the market’s growth prospects and restrictions. This market research report emphasizes on the global key manufacturers to define, illustrate and analyze the market competition landscape using SWOT analysis. The universal Global Orthopedic Software Systems Market report is a thorough and professional report that focuses on primary and secondary drivers, market share, leading segments and geographical analysis.

The Global Orthopedic Software Systems Market report puts on view noteworthy product developments and tracks recent acquisitions, mergers and research in the industry by the key players. An exhaustive analysis of factors influencing the investment is also provided in the report which forecasts impending opportunities for the businesses and develops the strategies to improve return on investment (ROI). Furthermore, this market research report also provides a watchful investigation of the current state of the market which covers several market dynamics. By understanding client’s requirements specifically and following them firmly, Global Orthopedic Software Systems Market research report has been formulated.

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

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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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