Orthopedic Software Market Share

North America Market Analysis

North America in orthopedic software market is expected to hold over 39.5% revenue share by the end of 2037, owing to technological developments in the region, presence of key players and robust healthcare infrastructure. Also, the increasing preference for minimally invasive procedures and continuously improving reimbursement scenarios can further propel the market.

In the U.S., the market is expected to account for a significant revenue share between 2025 and 2037 due to increasing orthopedic surgeries, rising demand for efficiency and precision in treatment, and the presence of well-developed healthcare systems.  According to the American Joint Replacement Registry (AJRR), in 2021, over 2.2 million knee surgeries were conducted in over 1,150 hospitals, ambulatory surgery centers, and other healthcare centers in the U.S. and the District of Columbia. Moreover, the rising adoption of data sharing and orthopedic EHRs in the country further boosts the market.

The Canada orthopedic software market is expected to grow at a steady pace between 2025 and 2037 attributed to rising healthcare expenditures, increasing digitalization across, and high adoption of cloud-based orthopedic solutions. In January 2024, Sawbones and Numalogics announced the launch of ENDPOINT, a new software that allows orthopedic implant manufacturers to test devices as per industry standards.

Asia Pacific Market Analysis:

Asia Pacific is expected to experience a stable CAGR during the forecast period owing to the rising prevalence of orthopedic conditions, increasing awareness of early diagnosis and treatment, and rapid adoption of advanced healthcare techniques and software. Moreover, healthcare providers and governments in the Asia Pacific are focused on reducing medical expenses and enhancing overall patient outcomes. China, India, Japan, and South Korea are some of the largest revenue-generating countries in this region.

In India, the orthopedic software market is expected to register significant revenue growth during the forecast period owing to rising digital transformation, improving healthcare infrastructure, and increasing adoption of advanced screening solutions. In addition, rising investments in R&D activities is expected to boost market growth in India. For instance, in July 2023, Stryker announced the launch of the Ortho Q Guidance system and software to enable advanced surgical planning for knee and hip surgeries.

The Japan orthopedic software market is anticipated to expand at a robust rate during the forecast period. This growth can be attributed to rising orthopedic surgeries, the presence of well-established healthcare infrastructure and facilities, and the high adoption of digital health solutions. Additionally, the local government actively supports healthcare innovations and developments through several funding programs and initiatives. This support raises the advancement and adoption of cutting-edge orthopedic software solutions to boost healthcare delivery.