Albany, NY -- (SBWIRE) -- 11/08/2016 -- A new market research report by Transparency Market Research offers a thorough overview of the orthopedic software market across the globe. The research study, titled "Orthopedic Software Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024," provides an in-depth analysis, emphasizing on the primary growth prospects and trends in the market. The product segmentation, growth drivers, challenges, geographical segmentation, and the competitive scenario of the global orthopedic software market have been discussed in the scope of the research report.

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Orthopedic software has been gaining popularity across the globe as it helps in reducing the time spent by orthopedic surgeons and physicians in maintaining the critical paperwork and coordinating patient information with other doctors. Moreover, orthopedic software helps in presenting accurate information, maintaining electronic health records of the patients and reducing the administration cost. As a result, a large number of surgery centers, hospitals, and orthopedic specialty clinics across the globe are readily implementing orthopedic software, thus augmenting the growth of the market.

The global orthopedic software market has been classified on the basis of type into orthopedic EMR and medical billing, pre-operative planning and templating, orthopedics revenue cycle management, orthopedic communication and picture archiving systems, and practice management. Furthermore, on the basis of mode of delivery, the market has been divided into cloud-based, web-based, and on-premises systems. The demand, supply, share, and consumption of the each segment in the global orthopedic software market have been discussed in the research report to determine the future growth prospects of the market.

Among the key geographical segments, North America is the dominant region in the global orthopedic software market at present. Technological developments and the increasing adoption of mHealth and eHealth are the key factors driving the orthopedic software market in North America. In addition, the substantial contribution from Canada and the U.S. and growing demand for minimally invasive procedures are other factors estimated to fuel the growth of the market in the near future. Furthermore, Europe is predicted to witness significant growth in the coming years, thanks to the improved digitization of the healthcare processes.

The prominent players operating in the global market for orthopedic surgery include Brainlab AG, McKesson Corporation, Merge Healthcare Incorporated, Greenway Health, Medstrat, Inc., Exscribe Orthopedic Healthcare Solutions, CureMD, Materialise NV, and HealthFusion Inc. A thorough analysis and profiles of the leading players have been presented in the study to provide a clear understanding of the market. In addition, the vital strategies adopted by the prominent players have been highlighted in order to guide the existing and new entrants in formulating business policies effectively.

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