Software as a Medical Device Market Overview: Driving Forces Behind Rapid Growth & Expansion

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How Big is the Software as a Medical Device Market?

According to MarkNtel Advisors’ research report titled “Global Software as a Medical Device Market Analysis, 2020”, the Global Software as a Medical Device market is anticipated to grow at a considerable CAGR during 2020-25F. Software as a Medical Device (SaMD) is a new opportunity area for healthcare sector to assist in diagnosis, screening, monitoring, and prediction of a disease which enable the professional to take preventive measures at the right time. Moreover, the extensive technological advancement in the medical devices such as wireless connectivity, artificial intelligence (AI) and machine learning (ML) to assist healthcare providers and improve patient care along with rising number of healthcare technology-based startups in the emerging countries such as India is strongly contributing toward the market growth of SaMD in the forecast period.

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Software as a Medical Device Market Segmentation:

The report has segmented the market into the following categories:

By Application

  • Screening and Diagnosis
  • Monitoring and Alerting
  • Disease Management
  • Digital Therapeutics
  • Others

By Software Type

  • Radiation Therapy Planning Software
  • Picture Archiving and Communications System (PACS) & Image Processing Software
  • Infusion Pump Rate Setting Assistance Software
  • Software for data collection
  • Others (Phone Apps, etc.)

By Deployment

  • Cloud
  • On-Premise

By End User

  • Hospitals
  • Clinics & Specialty Centers
  • Others

By Device Type

  • Desktop/Laptop
  • Smartphones
  • Wearables
  • Others

By Region

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/global-software-as-a-medical-device-market.html

Competitive Landscape:

  • Tietronix Software
  • Velentium LLC
  • S3 Connected Health
  • Inzentiz
  • BrightInsight
  • Jabil
  • Siemens
  • Zühlke Group
  • Pro4People Sp. z o.o
  • Phillips-Medisize.

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Key Highlights of the Report:

  • Market Performance (2020-2025)
  • Strategic Recommendations
  • Current, Historical and Future Market Trends
  • Market Drivers and Leading Competitor
  • SWOT Analysis
  • Structure of the Market
  • Comprehensive Mapping and Recent Advancement

Other Report:

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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