The Asia Pacific Orthopedic Software Market would witness market growth of 7.72% CAGR during the forecast period (2019-2025). Orthopedic technology is an effective alternative to conventional methods that relied on paper records. The software approach strengthens treatment expertise. Accompanied by an increase in the patient population and developments in the healthcare industry, the need to adopt new technologies has increased. Increasing IT deployment in the healthcare sector has also increased the need to merge, connect, and share data contributing to faster orthopedic technology adoption.
Furthermore, technological advances are expected to accelerate the progress of connected healthcare in the years ahead. Besides, smart devices with data collection functionality are expected to boost data sharing and access requirements. TracPatch, for example, is an orthopedic device that was launched in 2015. The device was introduced considering patient data collection and the capability of data and analytics to reshape orthopedics.
Asia Pacific is expected to experience the fastest CAGR over the forecast period due to increased healthcare IT penetration coupled with increased consumer awareness in developing countries like China. Another factor contributing to market growth is the increase in orthopedic procedures. For example, according to the World Health Organization (WHO), sports injuries and deformities in Asian countries in 2017 were the fifth most common area that required treatment.
Based on Product, the market is segmented into Digital Templating/ Preoperative Planning Software, Orthopedic EHR, Orthopedic Practice Management, Orthopedic PACS, Orthopedic RCM and Others. Based on Application, the market is segmented into Fracture Management, Orthopedic Surgery and Others. Based on the Mode of Delivery, the market is segmented into On-Premise and Web/Cloud Based. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Orthopedic Software Market in Asia Pacific is expected to register a CAGR of 7.72% during the forecast period (2019-2025)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medstrat, Inc., Greenway Health LLC, Brainlab AG, General Electric (GE), Co., McKesson Corporation, Materialise NV, CureMD Healthcare, NextGen Healthcare, Inc., DrChrono, Inc. and AllScripts Healthcare Solutions, Inc.
Market Segmentation:
By Product
By Application
By Mode of Delivery
By Country
Companies Profiled
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