The Global Preoperative Surgical Planning Software Market was valued at $84.09 million in 2018, and is projected to reach $126.81 million by 2026, registering a CAGR of 5.2% from 2019 to 2026.
Surgical preoperative planning software is an application which is used to understand and encourage surgeons to focus on the concerned modality such as joint reconstruction, deformity, fracture pattern, and others. Surgeons can mentally prepare and rehearse the operation through this software. Moreover, subsequent issues can be anticipated and prevented with its help. In addition, alternative surgical plans can be implemented in case of arising difficulties using this software.
The preoperative surgical planning software market has evolved considerably in the past decade, owing to rapid progress in the areas of orthopedic surgery and cloud computing technology. Moreover, increasein interest of surgeons to streamline surgical interventions and increase the success rate of surgeries supplement the growth of the market.
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Furthermore, technological advancements associated with preoperative surgical planning software, rise in geriatric population, and a surge in surgery volumes are the key factors that boost the growth of the market. However, increase in number of product recalls of preoperative surgical planning software impede the market growth. On the contrary, untapped potential of the emerging markets is anticipated to provide lucrative opportunities to the key players involved in the preoperative surgical planning software industry.
The preoperative surgical planning software market is segmented based on type, application, end user, and region. On the basis of type, the market is divided into on-premise software and off-premise software. The applications covered in the study include orthopedic surgery, neurosurgery, dental & orthodontics, and others. The orthopedic surgery segment is subdivided into general orthopedic surgery, deformity correction, fracture management, and joint reconstruction.
By end user, it is categorized into hospitals, orthopedic clinics, and rehabilitation centers. Region wise, it is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).
The preoperative surgical planning software market is expected to witness moderate growth during the forecast period, owing to rise in adoption of preoperative surgical planning software due to surge in disposable income of population. Furthermore, the preoperative surgical planning software market share is anticipated to increase in the future, owing to accessibility and availability of customized software in emerging markets.
The global preoperative surgical planning software market growth is analyzed through the application vertical in the report. The orthopedic surgery segment occupied the largest share in the industry, owing to increase in orthopedic procedures, rise in focus on preoperative planning, and surge in prevalence of global geriatric population.