The software which pertains to maintaining electronic health records (EHR) and also guides surgeons while operating the patients are called as orthopedic software. This technique enhances the medical proficiency in treatment. The orthopedic software plays vital role in preparing a pre-operative plan which can be used as guidance during surgery. By installing this orthopedic software in hospitals and other sector the chances manual errors get reduced. The orthopedic software’s has wide application in medical database of diagnoses, histories, tests, treatment plans and surgical procedures.

MARKET DYNAMIC- UNITED STATES ORTHOPEDIC SOFTWARE MARKET

The increasing amount of time spent by the orthopedic physician or surgeon in maintaining critical patient paperwork, enhanced digitization of the healthcare processes and rise in geriatric population prone to knee ailments and falls are expected to drive the market over the predicted years. Besides this, rising preference for minimally invasive procedures and constantly improving reimbursement scenario would further propel the market growth. As these software automates access to information and has the potential to streamline the clinician's workflow. Nevertheless, lack of skilled professionals to use orthopedic software research and high costs of software’s are the major restraining factor that could hamper the growth of the market.

COVID 19 IMPACT ON UNITED STATES ORTHOPEDIC SOFTWARE MARKET REPORT 

The COVID-19 pandemic had a noteworthy impact on the orthopedic software market as the COVID- 19 is associated with respiratory syndrome as the software helps to keep accuracy in records. Likewise, EHR solutions are playing vital role in improving the efficiency of billing by optimizing and simplifying billing with correct codes, results in decrease in manual errors. Such software’s are also helps in revenue management during COVID 19 pandemic. It also helps in the monitoring and treating patients. Hence orthopedic software market is positively affected the market growth.

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UNITED STATES ORTHOPEDIC SOFTWARE MARKET SEGMENTAL OVERVIEW

The study analyses North America orthopedic software market based on type of product, mode of delivery, application and end users.

ORTHOPEDIC SOFTWARE MARKET BY TYPE OF PRODUCT

The type of product involve in the orthopedic software market is segmented into orthopedic picture archiving and communication systems (PACS), orthopedic Electronic health records, digital templating/pre-operative planning software, orthopedic Practice management and orthopedic revenue cycle management (RCM). The orthopedic picture archiving and communication systems (PACS) segment dominated the market in 2020 and is expected to maintain its dominance during the forecast period 2021-2027 owing to, increased due to its advantages such as enhanced viewing analysis and improved management of data. Nevertheless, advanced digital imaging functionalities will fuel the market growth.

ORTHOPEDIC SOFTWARE MARKET BY MODE OF DELIVERY

By mode of delivery the various mode of delivery available in the orthopedic software market is classified on-premises software and cloud-based software. The on-premises accounted for the largest market share in 2020. It can be accredited to the growing safety and control regarding patient data which is offered by on-premise solutions. Also it provide full data access control appropriate for organizations with regulatory requirements.

ORTHOPEDIC SOFTWARE MARKET BY APPLICATION

According to the orthopedic software market has application in various sectors such as joint replacement, fracture management, pediatric assessment and others. The joint replacement segments holds the significant share in orthopedic software market. The increase in population who are suffering from osteoarthritis along with, upsurge in geriatric population is set to propel the market for orthopedic software in United States. Likewise growing number of joint surgeries performed will boosts the market growth.

ORTHOPEDIC SOFTWARE MARKET BY END USERS

Based on the end users orthopedic software market is classified into hospitals, ambulatory care centers and others (research centers, government organizations). The hospitals segment is projected to dominate the market by the end of forecast period. The software helps in preparing a pre-operative plan which can be used as guidance during surgery hence, it has wide application in hospitals. The rise in demand for software in market will fuel market growth as it provide more accuracy and potency. 

UNITED STATES ORTHOPEDIC SOFTWARE MARKET KEY PLAYERS

The major key players of market includes Medstrat, Inc. (US), CureMD Healthcare (US), Greenway Health (US), NextGen Healthcare LLC (US), McKesson Corporation (US), GE Healthcare (US), Philips Healthcare (Netherlands), Merge Healthcare Incorporated (US), IBM (US), Athena Health (US) and All Script Healthcare Solution Inc.(US)

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