According to FutureWise analysis the market for orthopedic planning system in 2023 is US$ 86.50 million, and is expected to reach US$ 161.54 million by 2031 at a CAGR of 8.10%.
Orthopaedic planning systems incorporate 3D printed models of the physical parts of a patient's body, as the name implies. These systems are used during the preoperative planning of a surgical procedure, when a 3D insert or prosthesis tailored to a patient's anatomy is generated and installed during orthopaedic surgery. The use of 3D printing technology to create patient-specific implants eliminates the anxiety that arises from size differences and variations in a person's life structure. Manufacturers are concentrating their efforts on the creation of technologically enhanced products to address the unmet needs of specific demographic groups. Manufacturers of orthopaedic planning systems around the world will have plenty of lucrative chances in the next years. Demand for orthopaedic planning systems will be driven by the availability of orthopaedic software, such as cloud-based solutions, and its integration into mobile platforms. The capacity to transmit information quickly and securely is a significant factor in increasing product demand and sales. Advancements in software, particularly mobile phones and Internet of Things (IoT) devices, will aid quick development and innovation, allowing healthcare IT systems to respond to the demands posed by rapidly changing new technologies. Furthermore, the high cost of 3D printing materials adds to the restraints on the expansion of orthopaedic planning equipment demand.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Orthopedic Planning System Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Orthopedic Planning System Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.