Rising Infrastructure Investment and Environmental Concerns are Boosting the Adoption Cable Glands
Global orthopedic software market is anticipated to grow at a CAGR of 6.1%, during the forecast period (2024-2031). The market growth is driven by the rising orthopedic-related diseases such as arthritis that have increased the number of joint replacement procedures globally. Further, growing ease due to minimally invasive surgical options has also boosted the orthopedic procedure which contributes to industry growth. Orthopedic software allows professionals to maintain administrative tasks and improve productivity. It also allows easy access to patient data and enhances communication and patient experience.
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The global orthopedic software market is segmented into application, product, and mode of delivery. Based on application, the market is segmented into joint replacement, fracture management, deformity correction, and others. Based on product, the market is further classified into practice management, digital orthopedic templating, EHR, PACS, and others. Based on the mode of delivery, the market is further segmented into cloud-based, web-based, and on-premise.
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The major players in the orthopedic software market include Brainlab AG, Merge Healthcare, Inc., Modernizing Medicine, Inc., Materialise N.V., Medtrat, Inc., and CureMD Healthcare, among others. The market players are contributing significantly to the market growth, by the adoption of various business strategies, such as collaborations, mergers and acquisitions, product portfolio diversification, and more.
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