The (SaMD) Software As A Medical Device Global Market Report 2023, provides comprehensive information on the (samd) software as a medical device market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The (SaMD) Software As A Medical Device Market’s Growth:
As per The Business Research Company’s (SaMD) Software As A Medical Device Global Market Report 2023, the global software as a medical device (SaMD) market is expected to grow from $19.38 billion in 2022 to $24.29 billion in 2023 at a compound annual growth rate (CAGR) of 25.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The software as a medical device (SaMD) market is expected to reach $59.21 billion in 2027 at a CAGR of 24.9%.
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AI-powered software is a key trend gaining popularity in the software as a medical device (SaMD) market. Major companies operating in the software as a medical device (SaMD) market are developing innovative AI-powered software to sustain their position in the market. For instance, in May 2023, Genomic Vision., a France-based biotechnology company, launched AI-powered software called FiberSmart. This innovative software is designed to automate the detection and quantification of fluorescent signals on combed DNA molecules. It can be used to analyze DNA replication kinetics, which is the process of DNA copying. This technology allows DNA molecules to be aligned and separated, making detecting and quantifying fluorescent signals easier. Additionally, it includes AI-powered detection and quantification, a user-friendly interface, and is flexible and scalable. And it is beneficial as it is compatible with Genomic Vision’s suite of scanners and has been successfully tested and validated.
The (samd) software as a medical device market is segmented:
1) By Device Type: Wearable Device, PCs And Laptop, Smartphone And Tablets
2) By Deployment Method: Cloud-Based, On-Premise
3) By Application: Diagnostic, Clinical Management
North America was the largest region in the (samd) software as a medical device market in 2022.
The table of contents in TBRC’s (samd) software as a medical device market report includes:
- Executive Summary
- Software As A Medical Device (SaMD) Market Characteristics
- Software As A Medical Device (SaMD) Market Trends And Strategies
- Software As A Medical Device (SaMD) Market – Macro Economic Scenario
- Global Software As A Medical Device (SaMD) Market Size and Growth
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- Software As A Medical Device (SaMD) Market Other Major And Innovative Companies
- Global Software As A Medical Device (SaMD) Market Competitive Benchmarking
- Global Software As A Medical Device (SaMD) Market Competitive Dashboard
- Key Mergers And Acquisitions In The Software As A Medical Device (SaMD) Market
- Software As A Medical Device (SaMD) Market Future Outlook and Potential Analysis
Top Major Players
- Apple Inc.
- McKesson Corporation
- Thermo Fisher Scientific Inc.
- Abbott Laboratories
- Siemens Healthcare GmbH
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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