PUBLISHER: IMARC | PRODUCT CODE: 1819860
PUBLISHER: IMARC | PRODUCT CODE: 1819860
The global orthopedic software market size reached USD 347 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 535 Million by 2033, exhibiting a growth rate (CAGR) of 4.9% during 2025-2033.
Orthopedic software is an electronic health record (EHR) system used for enhancing the medical proficiency of bone-related treatment and surgeries. It is utilized by physicians and healthcare providers to generate personalized treatment plans and prescriptions for patients suffering from orthopedic disorders. The software can be deployed on the cloud or the premises. It includes picture archiving and communication systems (PACS) and solutions for digital templating, preoperative planning, practice management and revenue cycle management. They aid in delivering accurate patient information for guidance during the surgery and provide information regarding the original diagnosis and follow-ups of the patient during recovery. As a result, it is widely used across various hospitals, surgical centers and specialty orthopedic clinics.
The increasing prevalence of orthopedic disorders, such as arthritis, cubital tunnel syndrome and lower back pain, across the globe is one of the key factors driving the market growth. Moreover, the rising geriatric population, which is more susceptible to such ailments, is providing a thrust to the market growth. Orthopedic software is also widely used for managing sports-based injuries and fractures caused by accidents and traumas. In line with this, the increasing preference for minimally invasive (MI) surgeries among patients and healthcare providers is contributing to the growth of the market. Additionally, various technological advancements, such as the development of smartphone-based solutions, are acting as other growth-inducing factors. These cloud-operated solutions offer enhanced mobility, accessible interfaces, storage capacities and wireless access to orthopedic surgeons. Other factors, including the increasing adoption of EHRs and other eHealth solutions, along with significant improvements in the healthcare infrastructure, especially in the developing economies, are anticipated to drive the market toward growth.
The competitive landscape of the industry has also been examined along with the profiles of the key players being Allscripts Healthcare Solutions Inc., Athenahealth, Brainlab AG, CureMD Healthcare, DrChrono Inc., General Electric Company, Greenway Health LLC, International Business Machines Corporation, Materialise, Medstrat Inc. and NextGen Healthcare Inc.