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Global Software as a
Medical Device (SaMD)
Market Analysis, 2020
marknteladvisors.com
Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 2
Document Outline
Table of Content
Market Segmentation, Scope of Work
05
Research Process & Methodology
Primary Research, Secondary Research, Companies Interviewed, Respondent Profile, Research
Methodology, Forecasting
20
Introduction
About Us, Key Questions Answered In This Study
02
Sample Pages
Global Software as a Medical Device (SaMD) Market Analysis, 2020
28
Commercials 69
Disclaimer 71
Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 3
Market Segmentation
Global Software as a Medical Device (SaMD) Market
• Screening and Diagnosis
• Monitoring and Alerting
• Disease Management
• Digital Therapeutics
• Others
By Deployment
• 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 Software Type
By Company
• SaMD Providers
o Tietronix Software
o Velentium
o S3 Connected Health
o Inzentiz
o BrightInsight
o Jabil
o Siemens
o Zuhlke Group
o Pro4People Sp. z o.o
o Phillips-Medisize
o Others
• System Integrators
o Accenture
o Cognizant
o TCS
HCL
o IBM
• Hospitals
• Clinics & Specialty Centers
• Others
By End User
• Cloud
• On-
Premise
By Application
• Desktop/Laptop
• Smartphones
• Wearables
By Device Type By Region
• North
America
o The US
o Canada
o Mexico
• South America
o Brazil
o Others
• Europe
o Germany
o The UK
o France
o Italy
o Spain
o Others
• Middle East
and Africa
o UAE
o Saudi
Arabia
o South
Africa
o Others
• Asia-Pacific
o China
o India
o Japan
o Australia
o Others
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Table of Content (1/13)
Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
1. Introduction
1.1. Market Segmentation
1.2. Product Definition
1.3. Research Process
1.4. Assumptions
2. Executive Summary
3. Global Market Overview & Startup Ecosystem
4. Impact of COVID-19 on Global Software as a Medical Device (SaMD) Market
5. Expert Verbatim- What our Experts Say?
6. Global Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
6.1. Market Size & Analysis
6.1.1. By Revenues
6.2. Market Share & Analysis
6.2.1. By Application
6.2.1.1. Screening and Diagnosis
6.2.1.2. Monitoring and Alerting
6.2.1.3. Disease Management
6.2.1.4. Digital Therapeutics
6.2.1.5. Others
6.2.2. By Software Type
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Table of Content (2/13)
Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
6.2.2.1. Radiation Therapy Planning Software
6.2.2.2. Picture Archiving and Communications System (PACS) & Image Processing Software
6.2.2.3. Infusion Pump Rate Setting Assistance Software
6.2.2.4. Software for data collection
6.2.2.5. Others (Phone Apps, etc.)
6.2.3. By Deployment
6.2.3.1. Cloud
6.2.3.2. On-Premise
6.2.4. By End User
6.2.4.1. Hospitals
6.2.4.2. Clinics & Specialty Centers
6.2.4.3. Others
6.2.5. By Device Type
6.2.5.1. Desktop/Laptop
6.2.5.2. Smartphones
6.2.5.3. Wearables
6.2.6. By Region
6.2.6.1. North America
6.2.6.2. South America
6.2.6.3. Europe
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Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
6.2.6.4. Middle East & Africa
6.2.6.5. Asia-Pacific
6.2.7. By Company
6.2.7.1. Revenue Shares
6.2.7.2. Strategic Factorial Indexing
6.2.7.3. Competitor Placement in MarkNtel Quadrant
6.3. Market Attractiveness Index
6.3.1. By Application
6.3.2. By Software Type
6.3.3. By Deployment
6.3.4. By End User
6.3.5. By Device Type
6.3.6. By Region
7. North America Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
7.1. Market Size & Analysis
7.1.1. By Revenues
7.2. Market Share & Analysis
7.2.1. By Application
7.2.2. By Software Type
7.2.3. By Deployment
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Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
7.2.4. By End User
7.2.5. By Country
7.2.5.1. The US
7.2.5.2. Canada
7.2.5.3. Mexico
7.3. The US Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
7.3.1. Market Size & Analysis
7.3.1.1. By Revenues
7.3.2. Market Share & Analysis
7.3.2.1. By Application
7.3.2.2. By Software Type
7.3.2.3. By Deployment
7.4. Canada Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
7.4.1. Market Size & Analysis
7.4.1.1. By Revenues
7.4.2. Market Share & Analysis
7.4.2.1. By Application
7.4.2.2. By Software Type
7.4.2.3. By Deployment
7.5. Mexico Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
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Table of Content (5/13)
Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
7.5.1. Market Size & Analysis
7.5.1.1. By Revenues
7.5.2. Market Share & Analysis
7.5.2.1. By Application
7.5.2.2. By Software Type
7.5.2.3. By Deployment
8. South America Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
8.1. Market Size & Analysis
8.1.1. By Revenues
8.2. Market Share & Analysis
8.2.1. By Application
8.2.2. By Software Type
8.2.3. By Deployment
8.2.4. By End User
8.2.5. By Country
8.2.5.1. Brazil
8.2.5.2. Others
8.3. Brazil Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
8.3.1. Market Size & Analysis
8.3.1.1. By Revenues
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Table of Content (6/13)
Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
8.3.2. Market Share & Analysis
8.3.2.1. By Application
8.3.2.2. By Software Type
8.3.2.3. By Deployment
9. Europe Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
9.1. Market Size & Analysis
9.1.1. By Revenues
9.2. Market Share & Analysis
9.2.1. By Application
9.2.2. By Software Type
9.2.3. By Deployment
9.2.4. By End User
9.2.5. By Country
9.2.5.1. Germany
9.2.5.2. The UK
9.2.5.3. France
9.2.5.4. Italy
9.2.5.5. Spain
9.2.5.6. Others
9.3. Germany Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
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Table of Content (7/13)
Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
9.3.1. Market Size & Analysis
9.3.1.1. By Revenues
9.3.2. Market Share & Analysis
9.3.2.1. By Application
9.3.2.2. By Software Type
9.3.2.3. By Deployment
9.4. The UK Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
9.4.1. Market Size & Analysis
9.4.1.1. By Revenues
9.4.2. Market Share & Analysis
9.4.2.1. By Application
9.4.2.2. By Software Type
9.4.2.3. By Deployment
9.5. France Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
9.5.1. Market Size & Analysis
9.5.1.1. By Revenues
9.5.2. Market Share & Analysis
9.5.2.1. By Application
9.5.2.2. By Software Type
9.5.2.3. By Deployment
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Table of Content (8/13)
Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
9.6. Italy Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
9.6.1. Market Size & Analysis
9.6.1.1. By Revenues
9.6.2. Market Share & Analysis
9.6.2.1. By Application
9.6.2.2. By Software Type
9.6.2.3. By Deployment
9.7. Spain Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
9.7.1. Market Size & Analysis
9.7.1.1. By Revenues
9.7.2. Market Share & Analysis
9.7.2.1. By Application
9.7.2.2. By Software Type
9.7.2.3. By Deployment
10. Middle East & Africa Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
10.1. Market Size & Analysis
10.1.1. By Revenues
10.2. Market Share & Analysis
10.2.1. By Application
10.2.2. By Software Type
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Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
10.2.3. By Deployment
10.2.4. By End User
10.2.5. By Country
10.2.5.1. UAE
10.2.5.2. Saudi Arabia
10.2.5.3. South Africa
10.2.5.4. Others
10.3. UAE Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
10.3.1. Market Size & Analysis
10.3.1.1. By Revenues
10.3.2. Market Share & Analysis
10.3.2.1. By Application
10.3.2.2. By Software Type
10.3.2.3. By Deployment
10.4. Saudi Arabia Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
10.4.1. Market Size & Analysis
10.4.1.1. By Revenues
10.4.2. Market Share & Analysis
10.4.2.1. By Application
10.4.2.2. By Software Type
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Table of Content (10/13)
Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
10.4.2.3. By Deployment
10.5. South Africa Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
10.5.1. Market Size & Analysis
10.5.1.1. By Revenues
10.5.2. Market Share & Analysis
10.5.2.1. By Application
10.5.2.2. By Software Type
10.5.2.3. By Deployment
11. Asia-Pacific Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
11.1. Market Size & Analysis
11.1.1. By Revenues
11.2. Market Share & Analysis
11.2.1. By Application
11.2.2. By Software Type
11.2.3. By Deployment
11.2.4. By End User
11.2.5. By Country
11.2.5.1. China
11.2.5.2. India
11.2.5.3. Japan
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Table of Content (11/13)
Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
11.2.5.4. Australia
11.2.5.5. Others
11.3. China Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
11.3.1. Market Size & Analysis
11.3.1.1. By Revenues
11.3.2. Market Share & Analysis
11.3.2.1. By Application
11.3.2.2. By Software Type
11.3.2.3. By Deployment
11.4. India Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
11.4.1. Market Size & Analysis
11.4.1.1. By Revenues
11.4.2. Market Share & Analysis
11.4.2.1. By Application
11.4.2.2. By Software Type
11.4.2.3. By Deployment
11.5. Japan Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
11.5.1. Market Size & Analysis
11.5.1.1. By Revenues
11.5.2. Market Share & Analysis
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Table of Content (12/13)
Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
11.5.2.1. By Application
11.5.2.2. By Software Type
11.5.2.3. By Deployment
11.6. Australia Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
11.6.1. Market Size & Analysis
11.6.1.1. By Revenues
11.6.2. Market Share & Analysis
11.6.2.1. By Application
11.6.2.2. By Software Type
11.6.2.3. By Deployment
12. Global Software as a Medical Device (SaMD) Market Policies, Regulations, Product Standards
13. Global Software as a Medical Device (SaMD) Market Trends & Insights
14. Global Software as a Medical Device (SaMD) Market Dynamics
14.1. Growth Drivers
14.2. Challenges
14.3. Impact Analysis
15. Global Software as a Medical Device (SaMD) Market Hotspot & Opportunities
16. Global Software as a Medical Device (SaMD) Market Key Strategic Imperatives for Success & Growth
17. Competition Outlook
17.1. Competition Matrix
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Table of Content (13/13)
Historical Year: 2015
Base Year: 2019
Forecast Year: 2025
Table of Content
17.1.1. Software Portfolio
17.1.2. Target Markets
17.1.3. Research & Development
17.1.4. Strategic Alliances
17.1.5. Strategic Initiatives
17.2. Company Profiles of top companies (Business Description, Product Segments, Business Segments, Financials,
Strategic Alliances/ Partnerships, Future Plans)
17.2.1. Tietronix Software
17.2.2. Velentium
17.2.3. S3 Connected Health
17.2.4. Inzentiz
17.2.5. BrightInsight
17.2.6. Jabil
17.2.7. Siemens
17.2.8. Zuhlke Group
17.2.9. Pro4People
17.2.10. Phillips-Medisize
17.3. System Integrator Profiles
17.3.1. Accenture
17.3.2. Cognizant
17.3.3. IBM
17.3.4. TCS
17.3.5. HCL
18. Disclaimer
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Document Outline
Table of Content
Market Segmentation, Scope Of Work
05
Research Process & Methodology
Primary Research, Secondary Research, Companies Interviewed, Respondent Profile, Research
Methodology, Forecasting
20
Introduction
About Us, Key Questions Answered In This Study
02
Sample Pages
Global Software as a Medical Device (SaMD) Market Analysis, 2020
28
Commercials 69
Disclaimer 71
Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.
Global Software as a Medical Device (SaMD) Market Outlook, 2015-
2025F
Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 19
Global Software as a Medical Device (SaMD) Market Outlook, By Revenues
Figure XX: Global Software as a Medical Device (SaMD) Market Revenues (USD Million), 2015- 2025F
• The global software as a medical device market is soaring over the past few couple of years due to increasing diabetes patients across the
globe. Around 463 million individuals aged 20-79 years were diagnosed with diabetes in 2019, which are expected to reach 578 million by
2030, as reported by International Diabetes Federation. Software as a medical device supports the diabetes patients in the real-time
adjustment of insulin dosage. With the growing diabetic population, the demand for software as a medical device is anticipated to
augment during the forecast years 2020-25.
• The development of new software for monitoring COVID-19 patients is anticipated to drive the global software as a medical device market
in 2019 and continuous years. For instance: GE Healthcare extended its alliance with Microsoft in April 2020 to introduce a cloud-based
software for healthcare settings, which helps to monitor the COVID-19 patients.
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
CAGR
CAGR
Revenue: XX% Revenue: XX%
Source: MarkNtel Advisors
Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 20
Global Healthcare Market Overview
Source: International Diabetes Federation
48
32
19
55
88
163
59
North America
& Caribbean
South & Central
America
Africa Middle East &
North Africa
South East Asia Western Pacific Europe
56
40 29
76
115
197
66
North America
& Caribbean
South & Central
America
Africa Middle East &
North Africa
South East Asia Western Pacific Europe
Global Diabetic Population Aged 20–79 years (in Million)
2019
2030
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Global Software as a Medical Device (SaMD) Market Revenue Share, By Application
Figure XX: Global Software as a Medical Device (SaMD) Market Revenue Share (%), By Application, 2019 & 2025F
• Screening and Diagnosis: This segment dominated the global software as a medical device market over the past few years. The key reasons
for domination include attributed owing to surging awareness among the individuals about the advantage of early diagnosis of disease
worldwide. The prevalence of developing several diseases is increasing with age, the growing aging population in the region is anticipated
to surge patients’ footfall in healthcare settings. This is expected to generate the demand for software to screen and diagnosis the disease
in the coming years.
• Monitoring and Alerting: Monitoring and alerting is amid the prime segments that contribute to the growth of global software as a medical
device market from the past few years. The burgeoning awareness among individuals about health in developed and emerging countries
such as China and India is driving the demand for software as a medical device for monitoring health at their own.
2025F
Screening and Diagnosis
Monitoring and Alerting
Disease Management
Digital Therapeutics
Others
2019
*These are dummy charts and do not represent actual value Source: MarkNtel Advisors
Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 22
Global Software as a Medical Device (SaMD) Market Size, By Software Type
Figure XX: Global Software as a Medical Device (SaMD) Market Size (USD Million), By Software Type, 2019 & 2025F
2019
Radiation Therapy Planning Software
Picture Archiving and Communications
System & Image Processing Software
Infusion Pump Rate Setting Assistance
Software
Software for Data Collection
Others
2025F
Radiation Therapy Planning Software
Picture Archiving and Communications
System & Image Processing Software
Infusion Pump Rate Setting Assistance
Software
Software for Data Collection
Others
• Software for Data Collection: Software is widely used
for the collection of data regarding patients’ medical
problems across the globe.
• The governments' focus to enhance digital health
worldwide is anticipated to propel the additional
demand for software as a medical device for data
collection to assist patients from remote locations.
• The reimbursement on the treatment of several
diseases globally coupled with increased risk of
developing chronic diseases among individuals is
rising patients’ footfall in the healthcare settings.
• This generates the requirement for software as a
medical device for data collection across the globe,
hence estimated that the segment would augment
over the next 5 years.
*These are dummy charts and do not represent actual value Source: MarkNtel Advisors
Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 23
Global Software as a Medical Device (SaMD) Market Revenue Share, By Deployment
Figure XX: Global Software as a Medical Device (SaMD) Market Revenue Share (%), By Deployment, 2015 - 2025F
• Cloud: The popularity of cloud-based deployment of software as a medical device is flourishing due to ease of use and rising internet
penetration across the globe from the past few years. In the 1st quarter of 2020, worldwide has internet penetration was 60% as per the
Internet World Stats, North America and Europe have the highest penetration rate that is 95% and 87% respectively. This is expected to
transform into an enormous opportunity for SaMD providers by 2025.
• The surging healthcare cost is generating the requirement to deploy cost-effective software as a medical device in healthcare settings
across the globe. The cloud-based deployment allows end-user to reduce operational costs through configuring the software as a medical
device in a centralized location that is easily accessible to all healthcare professionals. Also it also reduce the necessity of storage device
that leads to reduce the initial cost of installing SaMD. Thus, the market share of the cloud segment would mushroom in the coming years.
*These are dummy charts and do not represent actual value Source: MarkNtel Advisors
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Cloud On-Premise
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Global Software as a Medical Device (SaMD) Market Revenue Share, By End User
Figure XX: Global Software as a Medical Device (SaMD) Market Revenue Share (%), By End User, 2019 & 2025F
*These are dummy charts and do not represent actual value Source: MarkNtel Advisors
CAGR: XX%
Key factors:
government
vision,
introduction of
advanced
technology
Hospitals
Clinics & Specialty Centers
Others
2019 2025F
Hospitals
Clinics &
Specialty Centers
Others
CAGR: XX%
Key factors:
XXX
CAGR: XX%
Key factors:
XXX
• Hospitals: This segment is anticipated to augment at a maximum CAGR during the forecast years 2020-25. The key reasons that can be
attributed to growth are:
o The government focus to attract medical tourists in the UAE and Saudi Arabia has been improving the quality of hospitals and
rising the adoption of software as a medical device among hospitals. Moreover, the increasing number of hospitals in the Middle
East and the Asia-Pacific region is supposed to boost the demand for software as a medical device in hospitals by 2025.
o The artificial intelligence and machine learning based software as a medical device, provide real-time insights to healthcare
specialists through analysis the huge amount of data generated during the treatment. The introduction of software as a medical
device with advanced technology is supposed to generate its demand in hospitals during the forthcoming years.
Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.
North America Software as a Medical Device (SaMD) Market
Outlook, 2015-2025F
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North America Software as a Medical Device (SaMD) Market Outlook, By Revenues
Figure XX: North America Software as a Medical Device (SaMD) Market Revenues (USD Million), 2015- 2025F
• North America is expected to dominate the global software as a Medical Device market over the next 5 years. This is attributed to several
factors such as :
o The adoption of Internet of Thing (IoT) based solutions is increasing in healthcare settings to monitor the physiological functioning
such as respiratory rates, blood pressure, body temperature, etc. of patients in the region. For instance: Smart watches are used in
North America to determine the oxygen level in arterial blood, body temperature, etc.
o The presence of large size companies coupled with the development of new software that supports to diagnose diseases and
monitor the patients' health using smartphones, laptops, and wearables is expected to boost the regional market during the
forecast years 2020-25.
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
CAGR
CAGR
Revenue: XX% Revenue: XX%
Source: MarkNtel Advisors
Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 27
North America Software as a Medical Device (SaMD) Market Revenue Share, By
Application
Figure XX: North America Software as a Medical Device (SaMD) Market Revenue Share (%), By Application, 2019 & 2025F
• Screening and Diagnosis: Software as a medical device support end-users to provide personalized treatment and reducing the time from
diagnosis to treatment in a case of complex disease. For instance: The detection of lung cancer is hard and sometimes reached the
advanced stage when it discovered. Software as a medical device supports healthcare professionals to find anomalies such as pleural
disorders or blood vessel problems that have been sometimes gone unnoticed, this is surging the rate of survival of such patients.
Therefore, the demand for software as a medical device for screening and diagnosis is rising in the region
• Moreover, software as a medical device comprises less cost and time compared to the medical device during modification. Hence, the
development of SaMD for screening and diagnosis is rising and growing awareness about the availability of such software among end-
users in the region has been contributed to the growth of segment from the past few years.
2025F
Screening and Diagnosis
Monitoring and Alerting
Disease Management
Digital Therapeutics
Others
2019
*These are dummy charts and do not represent actual value Source: MarkNtel Advisors
Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.
The US Software as a Medical Device (SaMD) Market Outlook, 2015-
2025F
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The US Software as a Medical Device (SaMD) Market Outlook, By Revenues
Figure XX: The US Software as a Medical Device (SaMD) Market Revenues (USD Million), 2015- 2025F
• The US software as a medical device market is anticipated to grab a maximum share in the forthcoming years. Some of the factors that
contribute to the growth of the US market are:
o High blood pressure, smoking, and high blood cholesterol are the major cause of heart disease and around 47% population have at
least 1 of such risk factors in the United States. Software as a Medical device is used to analyze heart rate, the rising probability of
developing heart disease in the country is expected to drive the US market during the forecast years 2020-25.
o The increasing IVF market owing to rising infertility cases in the US is driving the demand for software in IVF hospitals and clinics
to collect patients' data and diagnosis.
o The increasing adoption of advanced technology in the US healthcare facilities also supports the market to boost by 2025.
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
CAGR
CAGR
Revenue: XX% Revenue: XX%
Source: MarkNtel Advisors
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The US Software as a Medical Device (SaMD) Market Revenue Share, By Application
Figure XX: The US Software as a Medical Device (SaMD) Market Revenue Share (%), By Application, 2019 & 2025F
2025F
Screening and Diagnosis
Monitoring and Alerting
Disease Management
Digital Therapeutics
Others
2019
Solutions 2019 2025F CAGR (2020-25)
Screening and Diagnosis XX% XX% XX%
Monitoring and Alerting XX% XX% XX%
Disease Management XX% XX% XX%
Digital Therapeutics XX% XX% XX%
Others XX% XX% XX%
*These are dummy charts and do not represent actual value Source: MarkNtel Advisors
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The US Software as a Medical Device (SaMD) Market Size & Revenue Share, By
Software Type
Figure XX: The US Software as a Medical Device (SaMD) Market Size (USD Million) & Revenue Share (%), By Software Type, 2019 & 2025F
2019
Radiation Therapy Planning Software
Picture Archiving and Communications
System & Image Processing Software
Infusion Pump Rate Setting Assistance
Software
Software for Data Collection
Others
2025F
Radiation Therapy Planning Software
Picture Archiving and Communications
System & Image Processing Software
Infusion Pump Rate Setting Assistance
Software
Software for Data Collection
Others
Solutions 2019 2025F
CAGR
(2020-
25)
Radiation Therapy
Planning Software
XX% XX% XX%
Picture Archiving and
Communications
System (PACS) &
Image Processing
Software
XX% XX% XX%
Infusion Pump Rate
Setting Assistance
Software
XX% XX% XX%
Software for data
collection
XX% XX% XX%
Others XX% XX% XX%
*These are dummy charts and do not represent actual value Source: MarkNtel Advisors
Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 32
Document Outline
Table of Content
Market Segmentation, Scope of Work
05
Research Process & Methodology
Primary Research, Secondary Research, Companies Interviewed, Respondent Profile, Research
Methodology, Forecasting
20
Introduction
About Us, Key Questions Answered In This Study
02
Sample Pages
Global Software as a Medical Device (SaMD) Market Analysis, 2020
28
Commercial 69
Disclaimer 71
Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 33
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Global Software as a Medical Device Market Analysis, 2020 - MarkNtel Advisors

  • 1. Global Software as a Medical Device (SaMD) Market Analysis, 2020 marknteladvisors.com
  • 2. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 2 Document Outline Table of Content Market Segmentation, Scope of Work 05 Research Process & Methodology Primary Research, Secondary Research, Companies Interviewed, Respondent Profile, Research Methodology, Forecasting 20 Introduction About Us, Key Questions Answered In This Study 02 Sample Pages Global Software as a Medical Device (SaMD) Market Analysis, 2020 28 Commercials 69 Disclaimer 71
  • 3. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 3 Market Segmentation Global Software as a Medical Device (SaMD) Market • Screening and Diagnosis • Monitoring and Alerting • Disease Management • Digital Therapeutics • Others By Deployment • 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 Software Type By Company • SaMD Providers o Tietronix Software o Velentium o S3 Connected Health o Inzentiz o BrightInsight o Jabil o Siemens o Zuhlke Group o Pro4People Sp. z o.o o Phillips-Medisize o Others • System Integrators o Accenture o Cognizant o TCS HCL o IBM • Hospitals • Clinics & Specialty Centers • Others By End User • Cloud • On- Premise By Application • Desktop/Laptop • Smartphones • Wearables By Device Type By Region • North America o The US o Canada o Mexico • South America o Brazil o Others • Europe o Germany o The UK o France o Italy o Spain o Others • Middle East and Africa o UAE o Saudi Arabia o South Africa o Others • Asia-Pacific o China o India o Japan o Australia o Others
  • 4. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 4 Table of Content (1/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 1. Introduction 1.1. Market Segmentation 1.2. Product Definition 1.3. Research Process 1.4. Assumptions 2. Executive Summary 3. Global Market Overview & Startup Ecosystem 4. Impact of COVID-19 on Global Software as a Medical Device (SaMD) Market 5. Expert Verbatim- What our Experts Say? 6. Global Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 6.1. Market Size & Analysis 6.1.1. By Revenues 6.2. Market Share & Analysis 6.2.1. By Application 6.2.1.1. Screening and Diagnosis 6.2.1.2. Monitoring and Alerting 6.2.1.3. Disease Management 6.2.1.4. Digital Therapeutics 6.2.1.5. Others 6.2.2. By Software Type
  • 5. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 5 Table of Content (2/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 6.2.2.1. Radiation Therapy Planning Software 6.2.2.2. Picture Archiving and Communications System (PACS) & Image Processing Software 6.2.2.3. Infusion Pump Rate Setting Assistance Software 6.2.2.4. Software for data collection 6.2.2.5. Others (Phone Apps, etc.) 6.2.3. By Deployment 6.2.3.1. Cloud 6.2.3.2. On-Premise 6.2.4. By End User 6.2.4.1. Hospitals 6.2.4.2. Clinics & Specialty Centers 6.2.4.3. Others 6.2.5. By Device Type 6.2.5.1. Desktop/Laptop 6.2.5.2. Smartphones 6.2.5.3. Wearables 6.2.6. By Region 6.2.6.1. North America 6.2.6.2. South America 6.2.6.3. Europe
  • 6. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 6 Table of Content (3/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 6.2.6.4. Middle East & Africa 6.2.6.5. Asia-Pacific 6.2.7. By Company 6.2.7.1. Revenue Shares 6.2.7.2. Strategic Factorial Indexing 6.2.7.3. Competitor Placement in MarkNtel Quadrant 6.3. Market Attractiveness Index 6.3.1. By Application 6.3.2. By Software Type 6.3.3. By Deployment 6.3.4. By End User 6.3.5. By Device Type 6.3.6. By Region 7. North America Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 7.1. Market Size & Analysis 7.1.1. By Revenues 7.2. Market Share & Analysis 7.2.1. By Application 7.2.2. By Software Type 7.2.3. By Deployment
  • 7. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 7 Table of Content (4/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 7.2.4. By End User 7.2.5. By Country 7.2.5.1. The US 7.2.5.2. Canada 7.2.5.3. Mexico 7.3. The US Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 7.3.1. Market Size & Analysis 7.3.1.1. By Revenues 7.3.2. Market Share & Analysis 7.3.2.1. By Application 7.3.2.2. By Software Type 7.3.2.3. By Deployment 7.4. Canada Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 7.4.1. Market Size & Analysis 7.4.1.1. By Revenues 7.4.2. Market Share & Analysis 7.4.2.1. By Application 7.4.2.2. By Software Type 7.4.2.3. By Deployment 7.5. Mexico Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
  • 8. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 8 Table of Content (5/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 7.5.1. Market Size & Analysis 7.5.1.1. By Revenues 7.5.2. Market Share & Analysis 7.5.2.1. By Application 7.5.2.2. By Software Type 7.5.2.3. By Deployment 8. South America Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 8.1. Market Size & Analysis 8.1.1. By Revenues 8.2. Market Share & Analysis 8.2.1. By Application 8.2.2. By Software Type 8.2.3. By Deployment 8.2.4. By End User 8.2.5. By Country 8.2.5.1. Brazil 8.2.5.2. Others 8.3. Brazil Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 8.3.1. Market Size & Analysis 8.3.1.1. By Revenues
  • 9. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 9 Table of Content (6/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 8.3.2. Market Share & Analysis 8.3.2.1. By Application 8.3.2.2. By Software Type 8.3.2.3. By Deployment 9. Europe Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 9.1. Market Size & Analysis 9.1.1. By Revenues 9.2. Market Share & Analysis 9.2.1. By Application 9.2.2. By Software Type 9.2.3. By Deployment 9.2.4. By End User 9.2.5. By Country 9.2.5.1. Germany 9.2.5.2. The UK 9.2.5.3. France 9.2.5.4. Italy 9.2.5.5. Spain 9.2.5.6. Others 9.3. Germany Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
  • 10. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 10 Table of Content (7/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 9.3.1. Market Size & Analysis 9.3.1.1. By Revenues 9.3.2. Market Share & Analysis 9.3.2.1. By Application 9.3.2.2. By Software Type 9.3.2.3. By Deployment 9.4. The UK Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 9.4.1. Market Size & Analysis 9.4.1.1. By Revenues 9.4.2. Market Share & Analysis 9.4.2.1. By Application 9.4.2.2. By Software Type 9.4.2.3. By Deployment 9.5. France Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 9.5.1. Market Size & Analysis 9.5.1.1. By Revenues 9.5.2. Market Share & Analysis 9.5.2.1. By Application 9.5.2.2. By Software Type 9.5.2.3. By Deployment
  • 11. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 11 Table of Content (8/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 9.6. Italy Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 9.6.1. Market Size & Analysis 9.6.1.1. By Revenues 9.6.2. Market Share & Analysis 9.6.2.1. By Application 9.6.2.2. By Software Type 9.6.2.3. By Deployment 9.7. Spain Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 9.7.1. Market Size & Analysis 9.7.1.1. By Revenues 9.7.2. Market Share & Analysis 9.7.2.1. By Application 9.7.2.2. By Software Type 9.7.2.3. By Deployment 10. Middle East & Africa Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 10.1. Market Size & Analysis 10.1.1. By Revenues 10.2. Market Share & Analysis 10.2.1. By Application 10.2.2. By Software Type
  • 12. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 12 Table of Content (9/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 10.2.3. By Deployment 10.2.4. By End User 10.2.5. By Country 10.2.5.1. UAE 10.2.5.2. Saudi Arabia 10.2.5.3. South Africa 10.2.5.4. Others 10.3. UAE Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 10.3.1. Market Size & Analysis 10.3.1.1. By Revenues 10.3.2. Market Share & Analysis 10.3.2.1. By Application 10.3.2.2. By Software Type 10.3.2.3. By Deployment 10.4. Saudi Arabia Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 10.4.1. Market Size & Analysis 10.4.1.1. By Revenues 10.4.2. Market Share & Analysis 10.4.2.1. By Application 10.4.2.2. By Software Type
  • 13. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 13 Table of Content (10/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 10.4.2.3. By Deployment 10.5. South Africa Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 10.5.1. Market Size & Analysis 10.5.1.1. By Revenues 10.5.2. Market Share & Analysis 10.5.2.1. By Application 10.5.2.2. By Software Type 10.5.2.3. By Deployment 11. Asia-Pacific Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 11.1. Market Size & Analysis 11.1.1. By Revenues 11.2. Market Share & Analysis 11.2.1. By Application 11.2.2. By Software Type 11.2.3. By Deployment 11.2.4. By End User 11.2.5. By Country 11.2.5.1. China 11.2.5.2. India 11.2.5.3. Japan
  • 14. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 14 Table of Content (11/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 11.2.5.4. Australia 11.2.5.5. Others 11.3. China Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 11.3.1. Market Size & Analysis 11.3.1.1. By Revenues 11.3.2. Market Share & Analysis 11.3.2.1. By Application 11.3.2.2. By Software Type 11.3.2.3. By Deployment 11.4. India Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 11.4.1. Market Size & Analysis 11.4.1.1. By Revenues 11.4.2. Market Share & Analysis 11.4.2.1. By Application 11.4.2.2. By Software Type 11.4.2.3. By Deployment 11.5. Japan Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 11.5.1. Market Size & Analysis 11.5.1.1. By Revenues 11.5.2. Market Share & Analysis
  • 15. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 15 Table of Content (12/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 11.5.2.1. By Application 11.5.2.2. By Software Type 11.5.2.3. By Deployment 11.6. Australia Software as a Medical Device (SaMD) Market Outlook, 2015-2025F 11.6.1. Market Size & Analysis 11.6.1.1. By Revenues 11.6.2. Market Share & Analysis 11.6.2.1. By Application 11.6.2.2. By Software Type 11.6.2.3. By Deployment 12. Global Software as a Medical Device (SaMD) Market Policies, Regulations, Product Standards 13. Global Software as a Medical Device (SaMD) Market Trends & Insights 14. Global Software as a Medical Device (SaMD) Market Dynamics 14.1. Growth Drivers 14.2. Challenges 14.3. Impact Analysis 15. Global Software as a Medical Device (SaMD) Market Hotspot & Opportunities 16. Global Software as a Medical Device (SaMD) Market Key Strategic Imperatives for Success & Growth 17. Competition Outlook 17.1. Competition Matrix
  • 16. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 16 Table of Content (13/13) Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content 17.1.1. Software Portfolio 17.1.2. Target Markets 17.1.3. Research & Development 17.1.4. Strategic Alliances 17.1.5. Strategic Initiatives 17.2. Company Profiles of top companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans) 17.2.1. Tietronix Software 17.2.2. Velentium 17.2.3. S3 Connected Health 17.2.4. Inzentiz 17.2.5. BrightInsight 17.2.6. Jabil 17.2.7. Siemens 17.2.8. Zuhlke Group 17.2.9. Pro4People 17.2.10. Phillips-Medisize 17.3. System Integrator Profiles 17.3.1. Accenture 17.3.2. Cognizant 17.3.3. IBM 17.3.4. TCS 17.3.5. HCL 18. Disclaimer
  • 17. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 17 Document Outline Table of Content Market Segmentation, Scope Of Work 05 Research Process & Methodology Primary Research, Secondary Research, Companies Interviewed, Respondent Profile, Research Methodology, Forecasting 20 Introduction About Us, Key Questions Answered In This Study 02 Sample Pages Global Software as a Medical Device (SaMD) Market Analysis, 2020 28 Commercials 69 Disclaimer 71
  • 18. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. Global Software as a Medical Device (SaMD) Market Outlook, 2015- 2025F
  • 19. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 19 Global Software as a Medical Device (SaMD) Market Outlook, By Revenues Figure XX: Global Software as a Medical Device (SaMD) Market Revenues (USD Million), 2015- 2025F • The global software as a medical device market is soaring over the past few couple of years due to increasing diabetes patients across the globe. Around 463 million individuals aged 20-79 years were diagnosed with diabetes in 2019, which are expected to reach 578 million by 2030, as reported by International Diabetes Federation. Software as a medical device supports the diabetes patients in the real-time adjustment of insulin dosage. With the growing diabetic population, the demand for software as a medical device is anticipated to augment during the forecast years 2020-25. • The development of new software for monitoring COVID-19 patients is anticipated to drive the global software as a medical device market in 2019 and continuous years. For instance: GE Healthcare extended its alliance with Microsoft in April 2020 to introduce a cloud-based software for healthcare settings, which helps to monitor the COVID-19 patients. 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F CAGR CAGR Revenue: XX% Revenue: XX% Source: MarkNtel Advisors
  • 20. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 20 Global Healthcare Market Overview Source: International Diabetes Federation 48 32 19 55 88 163 59 North America & Caribbean South & Central America Africa Middle East & North Africa South East Asia Western Pacific Europe 56 40 29 76 115 197 66 North America & Caribbean South & Central America Africa Middle East & North Africa South East Asia Western Pacific Europe Global Diabetic Population Aged 20–79 years (in Million) 2019 2030
  • 21. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 21 Global Software as a Medical Device (SaMD) Market Revenue Share, By Application Figure XX: Global Software as a Medical Device (SaMD) Market Revenue Share (%), By Application, 2019 & 2025F • Screening and Diagnosis: This segment dominated the global software as a medical device market over the past few years. The key reasons for domination include attributed owing to surging awareness among the individuals about the advantage of early diagnosis of disease worldwide. The prevalence of developing several diseases is increasing with age, the growing aging population in the region is anticipated to surge patients’ footfall in healthcare settings. This is expected to generate the demand for software to screen and diagnosis the disease in the coming years. • Monitoring and Alerting: Monitoring and alerting is amid the prime segments that contribute to the growth of global software as a medical device market from the past few years. The burgeoning awareness among individuals about health in developed and emerging countries such as China and India is driving the demand for software as a medical device for monitoring health at their own. 2025F Screening and Diagnosis Monitoring and Alerting Disease Management Digital Therapeutics Others 2019 *These are dummy charts and do not represent actual value Source: MarkNtel Advisors
  • 22. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 22 Global Software as a Medical Device (SaMD) Market Size, By Software Type Figure XX: Global Software as a Medical Device (SaMD) Market Size (USD Million), By Software Type, 2019 & 2025F 2019 Radiation Therapy Planning Software Picture Archiving and Communications System & Image Processing Software Infusion Pump Rate Setting Assistance Software Software for Data Collection Others 2025F Radiation Therapy Planning Software Picture Archiving and Communications System & Image Processing Software Infusion Pump Rate Setting Assistance Software Software for Data Collection Others • Software for Data Collection: Software is widely used for the collection of data regarding patients’ medical problems across the globe. • The governments' focus to enhance digital health worldwide is anticipated to propel the additional demand for software as a medical device for data collection to assist patients from remote locations. • The reimbursement on the treatment of several diseases globally coupled with increased risk of developing chronic diseases among individuals is rising patients’ footfall in the healthcare settings. • This generates the requirement for software as a medical device for data collection across the globe, hence estimated that the segment would augment over the next 5 years. *These are dummy charts and do not represent actual value Source: MarkNtel Advisors
  • 23. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 23 Global Software as a Medical Device (SaMD) Market Revenue Share, By Deployment Figure XX: Global Software as a Medical Device (SaMD) Market Revenue Share (%), By Deployment, 2015 - 2025F • Cloud: The popularity of cloud-based deployment of software as a medical device is flourishing due to ease of use and rising internet penetration across the globe from the past few years. In the 1st quarter of 2020, worldwide has internet penetration was 60% as per the Internet World Stats, North America and Europe have the highest penetration rate that is 95% and 87% respectively. This is expected to transform into an enormous opportunity for SaMD providers by 2025. • The surging healthcare cost is generating the requirement to deploy cost-effective software as a medical device in healthcare settings across the globe. The cloud-based deployment allows end-user to reduce operational costs through configuring the software as a medical device in a centralized location that is easily accessible to all healthcare professionals. Also it also reduce the necessity of storage device that leads to reduce the initial cost of installing SaMD. Thus, the market share of the cloud segment would mushroom in the coming years. *These are dummy charts and do not represent actual value Source: MarkNtel Advisors 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Cloud On-Premise
  • 24. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 24 Global Software as a Medical Device (SaMD) Market Revenue Share, By End User Figure XX: Global Software as a Medical Device (SaMD) Market Revenue Share (%), By End User, 2019 & 2025F *These are dummy charts and do not represent actual value Source: MarkNtel Advisors CAGR: XX% Key factors: government vision, introduction of advanced technology Hospitals Clinics & Specialty Centers Others 2019 2025F Hospitals Clinics & Specialty Centers Others CAGR: XX% Key factors: XXX CAGR: XX% Key factors: XXX • Hospitals: This segment is anticipated to augment at a maximum CAGR during the forecast years 2020-25. The key reasons that can be attributed to growth are: o The government focus to attract medical tourists in the UAE and Saudi Arabia has been improving the quality of hospitals and rising the adoption of software as a medical device among hospitals. Moreover, the increasing number of hospitals in the Middle East and the Asia-Pacific region is supposed to boost the demand for software as a medical device in hospitals by 2025. o The artificial intelligence and machine learning based software as a medical device, provide real-time insights to healthcare specialists through analysis the huge amount of data generated during the treatment. The introduction of software as a medical device with advanced technology is supposed to generate its demand in hospitals during the forthcoming years.
  • 25. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. North America Software as a Medical Device (SaMD) Market Outlook, 2015-2025F
  • 26. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 26 North America Software as a Medical Device (SaMD) Market Outlook, By Revenues Figure XX: North America Software as a Medical Device (SaMD) Market Revenues (USD Million), 2015- 2025F • North America is expected to dominate the global software as a Medical Device market over the next 5 years. This is attributed to several factors such as : o The adoption of Internet of Thing (IoT) based solutions is increasing in healthcare settings to monitor the physiological functioning such as respiratory rates, blood pressure, body temperature, etc. of patients in the region. For instance: Smart watches are used in North America to determine the oxygen level in arterial blood, body temperature, etc. o The presence of large size companies coupled with the development of new software that supports to diagnose diseases and monitor the patients' health using smartphones, laptops, and wearables is expected to boost the regional market during the forecast years 2020-25. 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F CAGR CAGR Revenue: XX% Revenue: XX% Source: MarkNtel Advisors
  • 27. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 27 North America Software as a Medical Device (SaMD) Market Revenue Share, By Application Figure XX: North America Software as a Medical Device (SaMD) Market Revenue Share (%), By Application, 2019 & 2025F • Screening and Diagnosis: Software as a medical device support end-users to provide personalized treatment and reducing the time from diagnosis to treatment in a case of complex disease. For instance: The detection of lung cancer is hard and sometimes reached the advanced stage when it discovered. Software as a medical device supports healthcare professionals to find anomalies such as pleural disorders or blood vessel problems that have been sometimes gone unnoticed, this is surging the rate of survival of such patients. Therefore, the demand for software as a medical device for screening and diagnosis is rising in the region • Moreover, software as a medical device comprises less cost and time compared to the medical device during modification. Hence, the development of SaMD for screening and diagnosis is rising and growing awareness about the availability of such software among end- users in the region has been contributed to the growth of segment from the past few years. 2025F Screening and Diagnosis Monitoring and Alerting Disease Management Digital Therapeutics Others 2019 *These are dummy charts and do not represent actual value Source: MarkNtel Advisors
  • 28. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. The US Software as a Medical Device (SaMD) Market Outlook, 2015- 2025F
  • 29. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 29 The US Software as a Medical Device (SaMD) Market Outlook, By Revenues Figure XX: The US Software as a Medical Device (SaMD) Market Revenues (USD Million), 2015- 2025F • The US software as a medical device market is anticipated to grab a maximum share in the forthcoming years. Some of the factors that contribute to the growth of the US market are: o High blood pressure, smoking, and high blood cholesterol are the major cause of heart disease and around 47% population have at least 1 of such risk factors in the United States. Software as a Medical device is used to analyze heart rate, the rising probability of developing heart disease in the country is expected to drive the US market during the forecast years 2020-25. o The increasing IVF market owing to rising infertility cases in the US is driving the demand for software in IVF hospitals and clinics to collect patients' data and diagnosis. o The increasing adoption of advanced technology in the US healthcare facilities also supports the market to boost by 2025. 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F CAGR CAGR Revenue: XX% Revenue: XX% Source: MarkNtel Advisors
  • 30. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 30 The US Software as a Medical Device (SaMD) Market Revenue Share, By Application Figure XX: The US Software as a Medical Device (SaMD) Market Revenue Share (%), By Application, 2019 & 2025F 2025F Screening and Diagnosis Monitoring and Alerting Disease Management Digital Therapeutics Others 2019 Solutions 2019 2025F CAGR (2020-25) Screening and Diagnosis XX% XX% XX% Monitoring and Alerting XX% XX% XX% Disease Management XX% XX% XX% Digital Therapeutics XX% XX% XX% Others XX% XX% XX% *These are dummy charts and do not represent actual value Source: MarkNtel Advisors
  • 31. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 31 The US Software as a Medical Device (SaMD) Market Size & Revenue Share, By Software Type Figure XX: The US Software as a Medical Device (SaMD) Market Size (USD Million) & Revenue Share (%), By Software Type, 2019 & 2025F 2019 Radiation Therapy Planning Software Picture Archiving and Communications System & Image Processing Software Infusion Pump Rate Setting Assistance Software Software for Data Collection Others 2025F Radiation Therapy Planning Software Picture Archiving and Communications System & Image Processing Software Infusion Pump Rate Setting Assistance Software Software for Data Collection Others Solutions 2019 2025F CAGR (2020- 25) Radiation Therapy Planning Software XX% XX% XX% Picture Archiving and Communications System (PACS) & Image Processing Software XX% XX% XX% Infusion Pump Rate Setting Assistance Software XX% XX% XX% Software for data collection XX% XX% XX% Others XX% XX% XX% *These are dummy charts and do not represent actual value Source: MarkNtel Advisors
  • 32. Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 32 Document Outline Table of Content Market Segmentation, Scope of Work 05 Research Process & Methodology Primary Research, Secondary Research, Companies Interviewed, Respondent Profile, Research Methodology, Forecasting 20 Introduction About Us, Key Questions Answered In This Study 02 Sample Pages Global Software as a Medical Device (SaMD) Market Analysis, 2020 28 Commercial 69 Disclaimer 71
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