Orthopedic Software Market Size- KBV Research

NEW YORK - Jan. 2, 2020 - PRLog -- According to a new report Global Orthopedic Software Market, published by KBV Research, The Global Orthopedic Software Market size is expected to reach $396 Million by 2025, rising at a market growth of 6.3% CAGR.

The orthopedic EHR segment was dominant during 2018. The main factors that justify dominance are an increase in the demand for data sharing and faster processing. Such EHR systems are designed for the clinicians by setting up patient education, prescriptions, and referral letters to establish customized treatment plans for specific medical conditions. The software's multi-functionality supports its acceptance, which is expected to increase the consumer base in the near future. The Orthopedic Practice Management market is expected to witness a CAGR of 5.3% during (2019-2025).

On-premise software remained dominant in the mode of delivery segment of the orthopedic software market during 2018. This dominant trend can be attributed to factors including the availability of pocket-friendly local orthopedic software to manage various financial and clinical workflow requirements. The Web/Cloud Based market is experiencing a CAGR of 9.8% during (2019-2025).

North America, followed by Europe, accounted for a significant market share. The dominant share is linked to the growing U.S. and Canada adoption of orthopedic software. The high rate of the elderly population and growing problems associated with knee and hip have also resulted in increased demand. Additionally, The Asia Pacific market is anticipated to witness a CAGR of 7.7% during (2019-2025).

Structural Insights: https://www.kbvresearch.com/orthopedic-software-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Medstrat, Inc., Greenway Health LLC, Brainlab AG, General Electric (GE), Co., McKesson Corporation, Materialise NV, CureMD Healthcare, NextGen Healthcare, Inc., etc.

Global Orthopedic Software Market Segmentation

By Product

Digital Templating/Preoperative Planning Software

Orthopedic HER

Orthopedic Practice Management

Orthopedic PACS

Orthopedic RCM

Others

By Application

Fracture Management

Orthopedic Surgery

Others

By Mode of Delivery

On-Premise

Web/Cloud Based

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

Medstrat, Inc.

Greenway Health LLC

Brainlab AG

General Electric (GE) Co.

McKesson Corporation

Materialise NV

CureMD Healthcare

NextGen Healthcare, Inc.

DrChrono, Inc.

AllScripts Healthcare Solutions, Inc.