Product ID: UCMIG35I2320
Report ID:
UCMIG35I2320 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2022, the worldwide market size for orthopedic surgical planning software reached a value of $42.34 million, with a projected compound annual growth rate (CAGR) of 6.4% from 2023 to 2030. This expansion is primarily driven by the continuous advancements in orthopedic surgical planning software technology. The growing recognition of the advantages associated with utilizing such planning solutions for orthopedic surgery is fostering increased adoption. The COVID-19 pandemic had a varied impact on the medical industry, resulting in reduced hospital visits and the postponement of numerous elective surgeries as governments diverted resources and personnel to combat the virus during the initial wave.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Pharmaceuticals by segment aggregation, the contribution of the Pharmaceuticals in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG35I2320