Software as a Medical Device (SaMD) Market, Global Outlook and Forecast 2023-2032
The global Software as a Medical Device (SaMD) market was valued at US$ 1078.3 million in 2022 and is projected to reach US$ 3280.4 million by 2029, at a CAGR of 17.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
SaMD is software that performs one or more medical functions. While the software may be embedded in a piece of hardware (as is often the case) it's the software itself that performs the medical function.
This report aims to provide a comprehensive presentation of the global market for Software as a Medical Device (SaMD), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Software as a Medical Device (SaMD). This report contains market size and forecasts of Software as a Medical Device (SaMD) in global, including the following market information:
- Global Software as a Medical Device (SaMD) Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
Accordingtotypes,themostproportionofthe Global Software as a Medical Device market shareisCloud-based,takingabout67.34%shareofglobalmarketin2020.The most proportion of the Global Software as a Medical Device market share is used for Monitoring and Alerting and the proportion is about 41.55% in 2020.
We surveyed the Software as a Medical Device (SaMD) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Software as a Medical Device (SaMD) Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Software as a Medical Device (SaMD) Market Segment Percentages, by Type, 2022 (%)
Global Software as a Medical Device (SaMD) Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Software as a Medical Device (SaMD) Market Segment Percentages, by Application, 2022 (%)
- Screening and Diagnosis
- Monitoring and Alerting
- Chronic Disease Management
- Digital Therapeutics
- Others
Global Software as a Medical Device (SaMD) Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Software as a Medical Device (SaMD) Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Software as a Medical Device (SaMD) revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Software as a Medical Device (SaMD) revenues share in global market, 2022 (%)
key players include:
- TriZetto Corporation
- Infosys Limited
- Pegasystems Inc.
- Siemens Healthcare Private Limited
- MINES & Associates Inc
- Allscripts
- HealthSmart
- Wellcentive Inc
- EXL Healthcare
- Phytel Inc.
- Mediware HumanSocial Services Inc
- ScienceSoft
Outline of Major Chapters:
Chapter 1: Introduces the definition of Software as a Medical Device (SaMD), market overview.
Chapter 2: Global Software as a Medical Device (SaMD) market size in revenue.
Chapter 3: Detailed analysis of Software as a Medical Device (SaMD) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Software as a Medical Device (SaMD) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
