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Orthopedic Software Market – By Product Type (Orthopedic EHR, Orthopedic PACS, Orthopedic RCM), Delivery Mode (Cloud/Web-based, On-premises), Application (Orthopedic Surgeries, Fracture Management, Joint Replacements), End-use & Forecast, 2024 – 2032

  • Report ID: GMI10824
  • Published Date: Aug 2024
  • Report Format: PDF

Orthopedic Software Market Size

Orthopedic Software Market size was valued at USD 378.4 million in 2023 and is anticipated to witness growth at a CAGR of 6.9% between 2024 and 2032. The rising number of orthopedic injuries coupled with the growing demand for minimally invasive surgeries, are driving the market growth.
 

Orthopedic Software Market

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The increasing number of orthopedic injuries is significantly driving the growth of the market by creating a rising demand for advanced diagnostic, treatment, and management solutions. This growth is fueled by factors such as heightened physical activity levels and sports participation, which contribute to a higher incidence of orthopedic injuries, and an aging population experiencing more musculoskeletal issues due to age-related degeneration. Additionally, the Centers for Disease Control and Prevention (CDC) highlights that approximately 7.7 million people in the U.S. visit emergency departments each year due to orthopedic injuries, underscoring the substantial and increasing need for specialized orthopedic software solutions.
 

Orthopedic software is specialized software designed to assist orthopedic professionals in diagnosing, treating, and managing musculoskeletal conditions. It typically includes tools for analyzing diagnostic imaging, planning and simulating surgeries, and managing patient data, enhancing accuracy and efficiency in orthopedic care.

 

Orthopedic Software Market Trends

Advancements in technology are significantly enhancing the capabilities and applications of orthopedic software, driving market growth by improving patient care, optimizing surgical procedures, and advancing medical education.
 

  • The integration of AI and machine learning algorithms in orthopedic software is revolutionizing diagnostics and treatment. These technologies enable the analysis of diagnostic images, prediction of surgical outcomes, and personalization of treatment plans, leading to more precise, quicker diagnoses and informed decision-making, ultimately improving patient care.
     
  • Modern orthopedic software now includes cutting-edge 3D imaging features that provide detailed visualization of musculoskeletal structures. This enhancement supports better preoperative planning and surgical simulation, leading to improved surgical accuracy and outcomes.
     
  • The adoption of cloud-based orthopedic software solutions allows for real-time access to patient data, medical imaging, and treatment plans from any location. This flexibility fosters better collaboration among healthcare providers and enhances patient management across various settings.
     
  • Orthopedic-specific electronic health record (EHR) systems are being integrated with software to streamline patient data management, encompassing historical records, imaging results, and treatment plans. This holistic approach improves care coordination and supports efficient workflows within orthopedic practices, driving increased adoption in healthcare facilities.
     

Orthopedic Software Market Analysis

Orthopedic Software Market, By Product Type, 2021 – 2032 (USD Million)
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Based on product type, the market is segmented into orthopedic EHR, orthopedic PACS, orthopedic RCM, orthopedic practice management, and digital templating/ preoperative planning software. The orthopedic EHR segment held a dominant market share and was valued at USD 130.8 million in 2023.
 

  • Orthopedic EHR systems offer comprehensive solutions for managing patient records, including history, imaging results, and treatment plans. This centralization improves the efficiency and accuracy of patient data handling, making it a critical tool for orthopedic practices?.
     
  • Additionally, EHR systems streamline administrative and clinical workflows by automating documentation, appointment scheduling, and billing processes. This efficiency is crucial in busy orthopedic practices, where managing large volumes of patient data and ensuring accurate documentation are essential for effective care delivery.
     

Based on delivery mode, the orthopedic software market is segmented into cloud/web-based and on-premises. The cloud/web-based segment is anticipated to dominate the market with the revenue of around USD 457 million in 2032.
 

  • Cloud-based solutions typically reduce upfront capital expenditures by eliminating the need for extensive on-premises hardware and infrastructure. This model also offers subscription-based pricing, which can be more manageable for orthopedic practices compared to large one-time investments.
     
  • Additionally, cloud-based software provides scalability, allowing practices to easily adjust their resources and capabilities based on changing needs. This flexibility supports the dynamic requirements of orthopedic practices as they grow or adapt their services and contributes to segmental growth.
     

Based on application, the orthopedic software market is segmented into orthopedic surgeries, fracture management, joint replacements, and other applications. The orthopedic surgeries segment dominated the market with the revenue share of 40.6% in 2023.
 

  • Orthopedic surgeries, including procedures such as arthroscopies, spinal surgeries, and ligament repairs, represent a significant portion of orthopedic practice activities. The high volume of these procedures drives the demand for specialized software to assist in surgical planning, execution, and postoperative care.
     
  • Additionally, orthopedic software for surgeries frequently integrates with advanced surgical tools and imaging systems, such as robotic-assisted surgery systems and navigation tools. This integration enhances the precision of surgeries and supports the growing use of technology in the operating room.
     
Orthopedic Software Market, By End-use (2023)
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Based on end-use, the orthopedic software market is categorized into hospitals and clinics, ambulatory surgical centers, and other end-users. The hospitals and clinics segment is anticipated to grow at a CAGR of 7.6% over the analysis timeframe.
 

  • Hospitals and clinics handle a large volume of orthopedic cases and procedures. This high patient load necessitates robust software solutions for managing complex patient data, surgical planning, and treatment processes, driving significant demand for orthopedic software.
     
  • Additionally, hospitals and clinics provide a wide range of orthopedic services, including diagnostics, surgery, and postoperative care. The need for integrated software solutions that can handle various aspects of patient care, from initial consultation to follow-up, makes them major users of orthopedic software.
     
North America Orthopedic Software Market, 2021 – 2032 (USD Million)
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North America orthopedic software market size in 2023 was valued at USD 149.7 million and is predicted to grow at a CAGR of 6.5% over the analysis timeframe.
 

  • North America, particularly the U.S., has one of the highest levels of healthcare expenditure globally. This substantial investment drives the adoption of advanced orthopedic software, as healthcare providers seek innovative solutions to improve diagnostic accuracy and patient care.
     
  • Additionally, North America boasts a well-developed technological infrastructure and a strong focus on integrating cutting-edge technologies into healthcare. This environment supports the rapid adoption and implementation of advanced orthopedic software solutions.
     

The U.S. orthopedic software market is anticipated to grow at a CAGR of 6.4% to reach USD 236.7 million by the end of the forecast timeframe.
 

  • The U.S. healthcare sector places a significant emphasis on digital health innovations, including orthopedic software. This focus drives the development and adoption of advanced solutions such as EHR systems, templating, and preoperative planning tools.
     
  • Additionally, both government initiatives and private investments provide substantial funding for the development and deployment of orthopedic software. Programs such as the National Institutes of Health (NIH) grants and venture capital investments support technological advancements in orthopedic care.
     

Germany orthopedic software market is projected to grow remarkably in the coming years.
 

  • Germany's highly efficient healthcare system and supportive regulatory environment facilitate the integration of advanced technologies, including orthopedic software. The country's emphasis on high-quality care drives the adoption of sophisticated solutions for improved patient outcomes.
     
  • Additionally, Germany is known for its strong emphasis on research and development in the healthcare sector. This focus supports the continuous advancement and implementation of innovative orthopedic software technologies.
     

Japan is experiencing high market growth in the orthopedic software market.
 

  • Japan has one of the oldest populations in the world, creating a significant demand for orthopedic solutions to manage age-related musculoskeletal issues. This demographic trend drives the adoption of advanced orthopedic software to improve treatment and care for elderly patients.  
     
  • Additionally, the Japanese government actively supports healthcare technology advancements through various initiatives and funding programs. This support fosters the development and adoption of cutting-edge orthopedic software solutions to enhance healthcare delivery.
     

Orthopedic Software Market Share

The market is characterized by a diverse range of established and emerging players delivering advanced software and supportive technologies. Key competitive factors in this market include the precision and reliability of advanced tools, the integration of cutting-edge technologies such as artificial intelligence for enhanced diagnostic images, predict surgical outcomes, and personalize treatment plans.
 

Orthopedic Software Market Companies

Prominent players operating in the orthopedic software industry include:

  • Brainlab AG
  • Carestream Health
  • DePuy Synthes
  • Esaote
  • GE Healthcare
  • Intellijoint Surgical
  • Materialise NV
  • McKesson Corporation
  • Medstrat, Inc.
  • Merge Healthcare (IBM)
  • Koninklijke Philips N.V.
  • Siemens Healthineers
  • Stryker Corporation
  • Surgimap
  • Zimmer Biomet
     

Orthopedic Software Industry News:

  • In July 2024, Stryker Corporation announced that it has received FDA 510(k) clearance for its Q Guidance System with Spine Guidance 5 software featuring Copilot. The Copilot feature provides multiple feedback modalities for supporting bone resection and screw delivery among others. This development is expected to enhance company's product offering and increase business prospects.
     
  • In April 2024, Materialise NV launched its Mimics Enlight CMF, a 3D planning software, offering user-friendly preoperative 3D planning solution. This product launch is anticipated to improve its product portfolio and enhance industry position.
     

The orthopedic software market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue in USD Million from 2021 - 2032 for the following segments:

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Market, By Product Type     

  • Orthopedic EHR
  • Orthopedic PACS
  • Orthopedic RCM
  • Orthopedic practice management
  • Digital templating/ preoperative planning software 

Market, By Delivery Mode

  • Cloud/web-based
  • On-premises

Market, By Application

  • Orthopedic surgeries
  • Fracture management
  • Joint replacements
  • Other applications

Market, By End-use

  • Hospitals and clinics
  • Ambulatory surgical centers
  • Other end-users

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global orthopedic software industry was valued at USD 378.4 million in 2023 and is anticipated to register 6.9% CAGR between 2024 and 2032 due to the rising number of orthopedic injuries and growing demand for minimally invasive surgeries.
The orthopedic surgeries segment in the market held 40.6% revenue share in 2023 due to the high volume of procedures and the integration of specialized software with advanced surgical tools and imaging systems.
North America orthopedic software market is predicted to grow at 6.5% CAGR through 2032 due to high healthcare spending and strong technological infrastructure supporting advanced solutions.
Brainlab AG, Carestream Health, DePuy Synthes, Esaote, GE Healthcare, Intellijoint Surgical, Materialise NV, McKesson Corporation, Medstrat, Inc., Merge Healthcare (IBM), and Koninklijke Philips N.V., among others.

Orthopedic Software Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 150
  • Countries covered: 22
  • Pages: 130
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