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Software as a Medical Device Market Size, Growth & Industry Forecast 2027 - Apple, Arterys, iSchemaView, MaxQ AI, Qlarity Imaging and Viz.AI

04-16-2020 04:50 PM CET | IT, New Media & Software

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
Software as a Medical Device Market

Software as a Medical Device Market

Worldwide Software as a Medical Device Market Analysis to 2027 is a specialized and in-depth study of the Software as a Medical Device Industry with a focus on the global market trend. The report aims to provide an overview of global Software as a Medical Device Market with detailed market segmentation by product/application and geography. The global Software as a Medical Device Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Software as a Medical Device players and offers key trends and opportunities in the market.

Software as a Medical Device (SaMD) is a standalone software that performs one or more medical purposes without being a part of a hardware device. The software can be used across a broad range of technology platforms, including medical device platforms, commercial "off-the-shelf" platforms, and virtual networks. However, software as a medical device is capable of running on general-purpose (nonmedical purpose) computing platforms.

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The software as a medical device (SaMD) market is anticipated to grow due to rising adoption of IOT in the healthcare sector coupled with the recent developments in regulations in healthcare industry. However, concerns about the privacy of the health data of the user may restrain the market growth. Moreover, expertise in regulations for the certification of the SaMD, and increasing technological advancements in the medical devices industry is driving the growth of the market in the forecast period.

Top Leading Market Players:

1. Apple, Inc.
2. Arterys, Inc.
3. Greenfinch Technology, Ltd.
4. IDx Technologies, Inc. (RAPID)
5. iSchemaView, Inc.
6. Koninklijke Philips N.V.
7. MaxQ AI, Ltd.
8. Qlarity Imaging LLC
9. Siemens Healthineers AG
10. Viz.AI, Inc.

Market Segmentation :

The software as a medical device (SaMD) market is segmented on the basis of device type, application and deployment type. Based on product type the market is segmented as PCs/laptop, smartphone/tablets, and wearable devices. On the basis of application, the market is categorized as screening and diagnosis, monitoring and alerting, and disease management. On the basis of deployment type the market is categorized as cloud and on-premise.

Key Benefits :

To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Software as a Medical Device Market.

To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

The Software as a Medical Device Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 - 2027, considering 2018 as the base year and 2018 - 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions.

The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

Browse market data tables and in-depth TOC of the Global Software as a Medical Device Market (2019-2027)

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What our report offers:

Learn about the driving factors, affecting the market growth.
Imbibe the advancements and progress in the market during the forecast period.
Understand where the market opportunities lies.
Compare and evaluate various options affecting the market.
Pick up on the leading market players within the market.
Envision the restrictions and restrains that are likely to hamper the market.

Contact Us:

The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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