Latest News by Industry
DUBLIN--(BUSINESS WIRE)--Nov 15, 2022--
The "Software as a Medical Device Market Analysis by Device (Smartphone, Desktop/Laptop, Wearable Devices), by Deployment (On-premise, Cloud-based), by Application (Clinical Management, Diagnostic), and by Region - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.
The global software as a medical device (SaMD) market size is estimated to be USD 847.5 million in 2021 and is expected to witness a CAGR of 86.91% during the forecast period.
Companies Mentioned
Increasing application of artificial intelligence in diagnostic of chronic illness is a key driver for the growth of the global software as a medical device market. Additionally, the rising geriatric population, growing demand for cost-effective quality healthcare services, and government support for the treatment of chronic diseases are some of the other drivers propelling the market growth.
However, the ambulatory regulatory policies and lack of awareness for technology are expected to restrain the global market growth.
Software As A Medical Device Market, By Device (Revenue, USD Million, 2021 - 2029)
Software As A Medical Device Market, By Deployment (Revenue, USD Million, 2021 - 2029)
Software As A Medical Device Market, By Application (Revenue, USD Million, 2021 - 2029)
Software As A Medical Device Market, By Region (Revenue, USD Million, 2021 - 2029)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
For more information about this report visit https://www.researchandmarkets.com/r/74zrau
View source version on businesswire.com:https://www.businesswire.com/news/home/20221115006035/en/
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD:
INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH TECHNOLOGY HEALTH TECHNOLOGY SOFTWARE
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/15/2022 09:20 AM/DISC: 11/15/2022 09:21 AM
http://www.businesswire.com/news/home/20221115006035/en