Press release
(SaMD) Software As A Medical Device Market Is Predicted To Witness A Substantial Rise In Growth And Demand In The Forecast Period 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Software As A Medical Device (SaMD) Global Market Report 2023 identifies rising adoption of IoT in the healthcare sector is expected to propel the growth of the SaMD (Software as a medical device) market. And IoT-based telemedicine is used together in the healthcare sector, as it is an innovative technology with the potential to revolutionize the way healthcare is delivered, which results in proactive interventions, individualized care, improved patient outcomes, and enhanced privacy.
The global software as a medical device (SaMD) market is expected to grow from $19.38 billion in 2022 to $24.29 billion in 2023 at a compound annual growth rate (CAGR) of 25.3%. The software as a medical device (SaMD) market is expected to reach $59.21 billion in 2027 at a CAGR of 24.9%.
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Major competitors in the software as a medical device (SaMD) market are Apple Inc., McKesson Corporation, Thermo Fisher Scientific Inc., Abbott Laboratories, Siemens Healthcare GmbH, GE HealthCare Technologies Inc., Roche Diagnostics, 3M Health Care, Cerner Corporation, Illumina Inc., Philips Medical Systems Ltd., Dexcom Inc., Sysmex Corporation, Carl Zeiss Meditec AG, Nihon Kohden Corporation, Zhlke Group, Viz ai Inc., Paragon Biosciences LLC, S3 Connected Health, Arterys Inc., BrightInsight Inc., Agfa HealthCare Corp., iSchemaView Inc., VitalConnect Inc., Volpara Health Technologies, Tietronix Software Inc., Velentium LLC, Greenfinch Technology Ltd., MaxQ AI Ltd., and IDx Technologies Inc.
AI-powered software is a key trend gaining popularity in the software as a medical device (SaMD) market. Major companies operating in the software as a medical device (SaMD) market are developing innovative AI-powered software to sustain their position in the market.
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The software as a medical device (SaMD) market is segmented -
• By Device Type: Wearable Device, PCs And Laptop, Smartphone And Tablets
• By Deployment Method: Cloud-Based, On-Premise
• By Application: Diagnostic, Clinical Management
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the software as a medical device (SaMD) market.
The Business Research Company's "Global Software As A Medical Device (SaMD) Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Software As A Medical Device (Samd) Market Include:
1. Software As A Medical Device (SAMD) Market Executive Summary
2. Software As A Medical Device (SAMD) Market Segments
3. Software As A Medical Device (SAMD) Market Size And Software As A Medical Device (SAMD) Market Growth Rate
4. Key Software As A Medical Device (SAMD) Market Trends
5. Major Software As A Medical Device (SAMD) Market Drivers
……
25. Key Mergers And Acquisitions In The Software As A Medical Device (SAMD) Market
26. Top Software As A Medical Device (SAMD) Companies
27. Software As A Medical Device (SAMD) Market Opportunities And Strategies
28. Software As A Medical Device (SAMD) Market, Conclusions And Recommendations
29. Appendix
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