Home > Healthcare > Healthcare IT > Payer/Provider Solutions > Orthopedic Software Market

Orthopedic Software Market Size

  • 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.

 

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.

 

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

Buy Now


Premium Report Details

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