1 / 33

Global Software as a Medical Device (SaMD) Market 2020 - MarkNtel Advisors

According to MarkNtel Advisorsu2019 research report titled u201cGlobal Software as a Medical Device Market Analysis, 2020u201d, the Global Software as a Medical Device market is anticipated to grow at a considerable CAGR during 2020-25F.<br><br>Reports - https://www.marknteladvisors.com/research-library/global-software-as-a-medical-device-market.html

marknteladvisors
Download Presentation

Global Software as a Medical Device (SaMD) Market 2020 - MarkNtel Advisors

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. marknteladvisors.com • Global Software as a Medical Device (SaMD) Market Analysis, 2020

  2. Document Outline Introduction About Us, Key Questions Answered In This Study 02 Table of Content Market Segmentation, Scope of Work 05 Research Process & Methodology Primary Research, Secondary Research, Companies Interviewed, Respondent Profile, Research Methodology, Forecasting 20 Sample Pages Global Software as a Medical Device (SaMD) Market Analysis, 2020 28 Commercials 69 Disclaimer 71

  3. Market Segmentation Global Software as a Medical Device (SaMD) Market By Deployment By Device Type By Company By Region By Software Type • SaMD Providers • TietronixSoftware • Velentium • S3 Connected Health • Inzentiz • BrightInsight • Jabil • Siemens • ZuhlkeGroup • Pro4People Sp. z o.o • Phillips-Medisize • Others • System Integrators • Accenture • Cognizant • TCSHCL • IBM • 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.) • Cloud • On-Premise • Desktop/Laptop • Smartphones • Wearables • North America • The US • Canada • Mexico • South America • Brazil • Others • Europe • Germany • The UK • France • Italy • Spain • Others • Middle East and Africa • UAE • Saudi Arabia • South Africa • Others • Asia-Pacific • China • India • Japan • Australia • Others By Application • Screening and Diagnosis • Monitoring and Alerting • Disease Management • Digital Therapeutics • Others By End User • Hospitals • Clinics & Specialty Centers • Others

  4. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (1/13)

  5. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (2/13)

  6. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (3/13)

  7. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (4/13)

  8. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (5/13)

  9. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (6/13)

  10. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (7/13)

  11. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (8/13)

  12. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (9/13)

  13. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (10/13)

  14. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (11/13)

  15. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (12/13)

  16. Historical Year: 2015 Base Year: 2019 Forecast Year: 2025 Table of Content (13/13)

  17. Document Outline Introduction About Us, Key Questions Answered In This Study 02 Table of Content Market Segmentation, Scope Of Work 05 Research Process & Methodology Primary Research, Secondary Research, Companies Interviewed, Respondent Profile, Research Methodology, Forecasting 20 Sample Pages Global Software as a Medical Device (SaMD) Market Analysis, 2020 28 Commercials 69 Disclaimer 71

  18. Global Software as a Medical Device (SaMD) Market Outlook, 2015-2025F

  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 Revenue: XX% Revenue: XX% Source: MarkNtel Advisors • 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.

  20. Global Healthcare Market Overview Global Diabetic Population Aged 20–79 years (in Million) 2019 2030 Source: International Diabetes Federation

  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 2019 2025F Source: MarkNtel Advisors *These are dummy charts and do not represent actual value • 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.

  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 • 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. 2025F Source: MarkNtel Advisors *These are dummy charts and do not represent actual value

  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 Source: MarkNtel Advisors *These are dummy charts and do not represent actual value • 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.

  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 CAGR: XX% Key factors: government vision, introduction of advanced technology CAGR: XX% Key factors: XXX 2019 2025F CAGR: XX% Key factors: XXX Source: MarkNtel Advisors *These are dummy charts and do not represent actual value • 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: • 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. • 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. North America Software as a Medical Device (SaMD) Market Outlook, 2015-2025F

  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 Revenue: XX% Revenue: XX% Source: MarkNtel Advisors • 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 : • 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. • 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.

  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 2019 2025F Source: MarkNtel Advisors *These are dummy charts and do not represent actual value • 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.

  28. The US Software as a Medical Device (SaMD) Market Outlook, 2015-2025F

  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 Revenue: XX% Revenue: XX% Source: MarkNtel Advisors • 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: • 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. • 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. • The increasing adoption of advanced technology in the US healthcare facilities also supports the market to boost by 2025.

  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 2019 2025F Source: MarkNtel Advisors *These are dummy charts and do not represent actual value

  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 2025F Source: MarkNtel Advisors *These are dummy charts and do not represent actual value

  32. Document Outline Introduction About Us, Key Questions Answered In This Study 02 Table of Content Market Segmentation, Scope of Work 05 Research Process & Methodology Primary Research, Secondary Research, Companies Interviewed, Respondent Profile, Research Methodology, Forecasting 20 Sample Pages Global Software as a Medical Device (SaMD) Market Analysis, 2020 28 Commercial 69 Disclaimer 71

  33. +1 (613) 707-5086 sales@marknteladvisors.com

More Related