North America to dominate global orthopedic software market: 5 observations

Spinal Tech

Demand for minimally invasive procedures and an improved reimbursement landscape will spur the global orthopedic software market, according to a Transparency Market Research report.

Here are five observations:

 

1. North America holds the largest orthopedic software market share because of technological advancements.

 

2. The United States and Canada have implemented eHealth and mHealth as well as visualization systems, contributing to market growth.

 

3. Europe holds the second largest market share, behind North America. The region is experiencing improved digitization in the healthcare space as well as an increase in its geriatric population.

 

4. Improved medical infrastructure in the Asia Pacific region will boost market growth. China, Japan and India will lead the region's market growth.

 

5. Exscribe Orthopedic Healthcare Solutions, Materialise, Merge Healthcare, Brainlab, CureMD, Medstrat, HealthFusion, McKesson and Greenway Health represent dominant market players.

 

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