Global Software as a Medical Device Market Size study & Forecast, by Device Type by Software Technology, by Application and Regional Analysis, 2022-2029

Description

List of Tables

Global Software as a Medical Device Market is valued approximately at USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Software as Medical Devices involves the use of software-based technologies for medical purposes. SaMD refers to software that are used in the diagnosis, treatment, or prevention of disease, or in the monitoring of medical conditions. These software products can run on various platforms, such as smartphones, tablets, or desktop computers. The major driving factors for the Global Software as a Medical Device Market are increasing demand for remote healthcare and growing prevalence of chronic diseases. Moreover, technological advancements and rising initiatives the key market players are creating lucrative growth opportunity for the market over the forecast period 2022-2029.

In 2019, the telemedicine company Teladoc reported that its virtual visit volume had increased by 80% compared to the previous year, reflecting the growing demand for remote healthcare services. In 2021, a survey by Accenture found that 60% of patients in the United States reported being more willing to use digital health tools compared to the previous year, with 91% of respondents saying they would use digital health tools if they were recommended by their healthcare provider. In February 2022, the US Department of Health and Human Services announced that it would be extending Medicare coverage for telehealth services, reflecting the ongoing demand for remote healthcare services. However, the high cost of Software as a Medical Device stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Software as a Medical Device Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America, particularly the United States, is currently the largest market for SaMD due to the well-established healthcare system, increasing adoption of digital health technologies, and favorable regulatory environment for SaMD. The Asia-Pacific region is also seeing significant growth in the SaMD market due to the increasing healthcare expenditure, large patient population, and growing demand for advanced healthcare technologies. Japan, China, and India are some of the key markets in this region.

Major market player included in this report are:

GE Healthcare - United States
iCAD Inc. - United States
Hyperfine Research - United States
Star - United States
Tietronix Software, Inc. - United States
S3 Connected Health - Ireland
Ideagen - United Kingdom
BrightInsight, Inc. - United States
Inzentiz - Germany
Zuhlke Group - Switzerland

Recent Developments in the Market:

An international technology corporation called Star revealed in July 2021 that it has acquired Pro 4 People, a major provider of MedTech solutions. Star's existing product line was expanded owing to the acquisition.
In a collaboration with S3 Connected Health, FutureNeuro embraced the co-design methodology for the treatment of epilepsy in August 2019.

Global Software as a Medical Device Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Device Type, Software Technology, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Device Type offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Device Type:

Smartphones
Laptops/Desktops
Wearable Devices

By Software Technology:

Artificial Intelligence
Machine Learning

By Application:

Screening and Diagnosis
Monitoring and Alerting
Chronic Condition & Disease Management
Digital Therapeutics

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Software as a Medical Device Market, by region, 2019-2029 (USD Billion)
- 1.2.2. Software as a Medical Device Market, by Device Type, 2019-2029 (USD Billion)
- 1.2.3. Software as a Medical Device Market, by Software Technology, 2019-2029 (USD Billion)
- 1.2.4. Software as a Medical Device Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Software as a Medical Device Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Software as a Medical Device Market Dynamics

3.1. Software as a Medical Device Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for remote healthcare
  - 3.1.1.2. Growing Geriatric Population
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Software as a Medical Device
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technological advancements
  - 3.1.3.2. Rising initiatives by the key market players

Chapter 4. Global Software as a Medical Device Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Software as a Medical Device Market, by Device Type

6.1. Market Snapshot
6.2. Global Software as a Medical Device Market by Device Type, Performance - Potential Analysis
6.3. Global Software as a Medical Device Market Estimates & Forecasts by Device Type 2019-2029 (USD Billion)
6.4. Software as a Medical Device Market, Sub Segment Analysis
- 6.4.1. Smartphones
- 6.4.2. Laptops/Desktops
- 6.4.3. Wearable Devices

Chapter 7. Global Software as a Medical Device Market, by Software Technology

7.1. Market Snapshot
7.2. Global Software as a Medical Device Market by Software Technology, Performance - Potential Analysis
7.3. Global Software as a Medical Device Market Estimates & Forecasts by Software Technology 2019-2029 (USD Billion)
7.4. Software as a Medical Device Market, Sub Segment Analysis
- 7.4.1. Artificial Intelligence
- 7.4.2. Machine Learning

Chapter 8. Global Software as a Medical Device Market, by Application

8.1. Market Snapshot
8.2. Global Software as a Medical Device Market by Application, Performance - Potential Analysis
8.3. Global Software as a Medical Device Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Software as a Medical Device Market, Sub Segment Analysis
- 8.4.1. Screening and Diagnosis
- 8.4.2. Monitoring and Alerting
- 8.4.3. Chronic Condition & Disease Management
- 8.4.4. Digital Therapeutics

Chapter 9. Global Software as a Medical Device Market, Regional Analysis

9.1. Software as a Medical Device Market, Regional Market Snapshot
9.2. North America Software as a Medical Device Market
- 9.2.1. U.S. Software as a Medical Device Market
  - 9.2.1.1. Device Type breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Software Technology breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. Application breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Software as a Medical Device Market
9.3. Europe Software as a Medical Device Market Snapshot
- 9.3.1. U.K. Software as a Medical Device Market
- 9.3.2. Germany Software as a Medical Device Market
- 9.3.3. France Software as a Medical Device Market
- 9.3.4. Spain Software as a Medical Device Market
- 9.3.5. Italy Software as a Medical Device Market
- 9.3.6. Rest of Europe Software as a Medical Device Market
9.4. Asia-Pacific Software as a Medical Device Market Snapshot
- 9.4.1. China Software as a Medical Device Market
- 9.4.2. India Software as a Medical Device Market
- 9.4.3. Japan Software as a Medical Device Market
- 9.4.4. Australia Software as a Medical Device Market
- 9.4.5. South Korea Software as a Medical Device Market
- 9.4.6. Rest of Asia Pacific Software as a Medical Device Market
9.5. Latin America Software as a Medical Device Market Snapshot
- 9.5.1. Brazil Software as a Medical Device Market
- 9.5.2. Mexico Software as a Medical Device Market
9.6. Rest of The World Software as a Medical Device Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. GE Healthcare- United States
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. iCAD Inc. - United States
- 10.2.3. Hyperfine Research - United States
- 10.2.4. Star - United States
- 10.2.5. Tietronix Software, Inc. - United States
- 10.2.6. S3 Connected Health - Ireland
- 10.2.7. Ideagen - United Kingdom
- 10.2.8. BrightInsight, Inc. - United States
- 10.2.9. Inzentiz - Germany
- 10.2.10. Zuhlke Group - Switzerland

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Software as a Medical Device Market, report scope
TABLE 2. Global Software as a Medical Device Market estimates & forecasts by region 2019-2029 (USD Billion)
TABLE 3. Global Software as a Medical Device Market estimates & forecasts by Device Type 2019-2029 (USD Billion)
TABLE 4. Global Software as a Medical Device Market estimates & forecasts by Software Technology 2019-2029 (USD Billion)
TABLE 5. Global Software as a Medical Device Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 6. Global Software as a Medical Device Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Software as a Medical Device Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Software as a Medical Device Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Software as a Medical Device Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Software as a Medical Device Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Software as a Medical Device Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Software as a Medical Device Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Software as a Medical Device Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Software as a Medical Device Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Software as a Medical Device Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Software as a Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Software as a Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Software as a Medical Device Market
TABLE 71. List of primary sources, used in the study of global Software as a Medical Device Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Software as a Medical Device Market, research methodology
FIG 2. Global Software as a Medical Device Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Software as a Medical Device Market, key trends 2021
FIG 5. Global Software as a Medical Device Market, growth prospects 2022-2029
FIG 6. Global Software as a Medical Device Market, porters 5 force model
FIG 7. Global Software as a Medical Device Market, pest analysis
FIG 8. Global Software as a Medical Device Market, value chain analysis
FIG 9. Global Software as a Medical Device Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Software as a Medical Device Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Software as a Medical Device Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Software as a Medical Device Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Software as a Medical Device Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Software as a Medical Device Market, regional snapshot 2019 & 2029
FIG 15. North America Software as a Medical Device Market 2019 & 2029 (USD Billion)
FIG 16. Europe Software as a Medical Device Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Software as a Medical Device Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Software as a Medical Device Market 2019 & 2029 (USD Billion)
FIG 19. Global Software as a Medical Device Market, company Market share analysis (2021)