Global Orthopedic Software Market Research and Forecast, 2019-2025

INDORE, India - April 30, 2019 - PRLog -- Orion Market Research (OMR) recently published a market research report on the global orthopedic software market. According to OMR analysis, the market is estimated to rise with a significant CAGR during the forecast period (2019-2025). The market is segmented on the basis of application, product, and mode of deployment. The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, regulations, market determinants, key company analysis, strategic analysis, market insights, company profiling, market segmentation, and geographical analysis.

Orthopedic software provides software solutions which include practice management, electronic health record (EHR) system, and revenue cycle management service and analytics platform. There are attributes in orthopedic EHR software such as built-in orthopedic knowledge and workflow, merit-based incentive payment system (MIPS) dashboard, suggested automatic coding, orthopedic interoperability, interactive anatomical atlas, and so on.

According to Exscribe Orthopedic Healthcare Solution, the orthopedic software market is estimated to be close to $386 million by 2023. The growth of the pharmaceutical industry is expected to be $250 million by orthopedic software. As the new applications, services and products are being introduced in the market; orthopedic software enables the communication between patients and the doctor. Additionally, the software is being used in independent offices, nursing homes, surgery centers, and so on.

North America is expected to hold a significant share in the market and it is due to the government incentives for the acquisition of EHR solutions. Moreover, Asia-Pacific is anticipated to have significant growth due to increasing demand for minimally invasive procedures. Furthermore, the key players in the orthopedic software market are Merge Healthcare, Inc., Brainlab AG, Modernizing Medicine, Inc., Materialise N.V., Medstrat, Inc., and CureMD Healthcare.

Market Segmentation

1.       Global Orthopedic Software Market by Application

·         Joint Replacement

·         Fracture Management

·         Deformity Correction

·         Others (Pediatric Orthopedic Assessment)

2.       Global Orthopedic Software Market by Product

·         Practice Management

·         Digital Orthopedic Templating

·         Electronic Health Record (EHR)

·         Picture Archiving and Communication Systems (PACS)

·         Others (Revenue Cycle Management and Patient Engagement)

3.       Global Orthopedic Software Market by Mode of Deployment

·         Cloud-Based

·         Web-Based

·         On-Premise

Region Covered

·         North America (US and Canada)

·         Europe (UK, Germany, France, Spain, and Italy)

·         Asia-Pacific (China, India, and Japan)

·         Rest of the World

A full report of the global orthopedic software market is available at https://www.omrglobal.com/industry-reports/orthopedic-sof...

For related reports please visit https://www.omrglobal.com/reports-category/healthcare/

About Orion Market Research

Orion Market Research (OMR) a research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company aims to provide business insights for decision making to the global clients and offers quality syndicated research reports, customized research reports, Company profiling, consulting and other research-based services. OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provide a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles.