Post Covid 19 Epidemic Era software as a medical device Industry

Post-Covid-19 Epidemic Era, software as a medical device (SaMD) Industry Development Trend Analysis Report 2023

Post Covid 19 Epidemic Era software as a medical device Industry

Post-Covid-19 Epidemic Era, software as a medical device (SaMD) Industry Development Trend Analysis Report 2023


The Global software as a medical device (SaMD) Market investigation report contains Types, Application & all logical and factual briefs about market Overview, CAGR, Production Volume, Sales, Revenue with the regional analysis covers North America, Europe, Asia-Pacific, South America, Middle East & Africa & The top Players like {playerNamesStr}

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The global software as a medical device (SaMD) market size in 2022 is 135.8 million US dollars, and it is expected to be 374.6 million US dollars by 2029, with a compound annual growth rate of 15.60% expected in 2023-2029.

MARKET COMPETITIVE LANDSCAPE:

The main players in the software as a medical device (SaMD) market include Velentium LLC, Tietronix Software, Inc., S3 Connected Health, Zhlke Group, and Science Group. The share of the top 3 players in the software as a medical device (SaMD) market is xx%.

REGION SHARE:

The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for xx%, Europe accounted for xx% of software as a medical device (SaMD) market, and Asia Pacific accounted for xx%.

SEGMENT OVERVIEW:

The report segments the market by Type and Application. PCs/Laptop accounted for xx% of software as a medical device (SaMD) market in 2022. Smartphone/tablets share of xx%.

Diagnostic accounted for xx% of the software as a medical device (SaMD) market in 2022. Clinical Management accounts for xx%.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global software as a medical device (SaMD) Market dynamics, structure by identifying and analyzing the market segments and project the global market size.

In addition, the market SWOT analysis, dynamics, trends, technologies, opportunities and challenges analysis are covered in the report.

Further, the report also focuses on the competitive analysis of key players by product, financial position, product portfolio, growth strategies, and regional presence.

 

In the past few years, the Information Technology (IT) and Telecommunication industry has witnessed significant developments across various fronts.

5G Technology: The deployment of 5G networks has gained momentum globally. 5G offers faster speeds, lower latency, and increased network capacity compared to its predecessors, enabling transformative applications such as autonomous vehicles, Internet of Things (IoT) devices, augmented reality, and virtual reality.

Cybersecurity: With the rise in cyber threats, cybersecurity has become a critical focus area. New approaches to security, such as advanced encryption, behavioral analytics, and threat intelligence, are being implemented to protect data, networks, and systems. Additionally, privacy regulations like the EU's General Data Protection Regulation (GDPR) have prompted increased attention to data protection.

The industry continues to grow at a rapid pace, driven by the increasing integration of innovation and technology into every aspect of consumers' lives.

Market Data Breakdown by Regions

North America

United States

Canada

China

Asia Pacific (Excluding China)

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Nordic

Latin America

Brazil

Argentina

Mexico

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

Some prominent players in the market includes:

Velentium LLC

Tietronix Software, Inc.

S3 Connected Health

Zhlke Group

Science Group

Inzentiz

Cambridge Consultants Inc

BrightInsight, Inc.

CompliancePath

Jabil Inc.

Phillips-Medisize

Pro4People Sp. Z.o.o

Market Data Breakdown by Type

PCs/Laptop

Smartphone/tablets

Wearable Device

Market Data Breakdown by Applications

Diagnostic

Clinical Management

Table of Content

1 software as a medical device (SaMD) Market Introduction and Overview

1.1 software as a medical device (SaMD) Definition

1.2 Market Size Analysis by Types

1.3 Market Size Analysis by Application

1.4 Research Purposes

1.5 Report Timeline

1.6 Economic Analysis of Global Regions

2 Players Profiles

2.1 Velentium LLC

2.1.1 Velentium LLC Company Profile

2.1.2 software as a medical device (SaMD) Product Overview

2.1.3 Velentium LLC software as a medical device (SaMD) Market Performance (2018-2023)

2.1.4 Velentium LLC Business Overview

2.2 Tietronix Software, Inc.

2.2.1 Tietronix Software, Inc. Company Profile

2.2.2 software as a medical device (SaMD) Product Overview

2.2.3 Tietronix Software, Inc. software as a medical device (SaMD) Market Performance (2018-2023)

2.2.4 Tietronix Software, Inc. Business Overview

2.3 S3 Connected Health

2.3.1 S3 Connected Health Company Profile

2.3.2 software as a medical device (SaMD) Product Overview

2.3.3 S3 Connected Health software as a medical device (SaMD) Market Performance (2018-2023)

2.3.4 S3 Connected Health Business Overview

2.4 Zhlke Group

2.4.1 Zhlke Group Company Profile

2.4.2 software as a medical device (SaMD) Product Overview

2.4.3 Zhlke Group software as a medical device (SaMD) Market Performance (2018-2023)

2.4.4 Zhlke Group Business Overview

2.5 Science Group

2.5.1 Science Group Company Profile

2.5.2 software as a medical device (SaMD) Product Overview

2.5.3 Science Group software as a medical device (SaMD) Market Performance (2018-2023)

2.5.4 Science Group Business Overview

2.6 Inzentiz

2.6.1 Inzentiz Company Profile

2.6.2 software as a medical device (SaMD) Product Overview

2.6.3 Inzentiz software as a medical device (SaMD) Market Performance (2018-2023)

2.6.4 Inzentiz Business Overview

2.7 Cambridge Consultants Inc

2.7.1 Cambridge Consultants Inc Company Profile

2.7.2 software as a medical device (SaMD) Product Overview

2.7.3 Cambridge Consultants Inc software as a medical device (SaMD) Market Performance (2018-2023)

2.7.4 Cambridge Consultants Inc Business Overview

2.8 BrightInsight, Inc.

2.8.1 BrightInsight, Inc. Company Profile

2.8.2 software as a medical device (SaMD) Product Overview

2.8.3 BrightInsight, Inc. software as a medical device (SaMD) Market Performance (2018-2023)

2.8.4 BrightInsight, Inc. Business Overview

2.9 CompliancePath

2.9.1 CompliancePath Company Profile

2.9.2 software as a medical device (SaMD) Product Overview

2.9.3 CompliancePath software as a medical device (SaMD) Market Performance (2018-2023)

2.9.4 CompliancePath Business Overview

2.10 Jabil Inc.

2.10.1 Jabil Inc. Company Profile

2.10.2 software as a medical device (SaMD) Product Overview

2.10.3 Jabil Inc. software as a medical device (SaMD) Market Performance (2018-2023)

2.10.4 Jabil Inc. Business Overview

2.11 Phillips-Medisize

2.11.1 Phillips-Medisize Company Profile

2.11.2 software as a medical device (SaMD) Product Overview

2.11.3 Phillips-Medisize software as a medical device (SaMD) Market Performance (2018-2023)

2.11.4 Phillips-Medisize Business Overview

2.12 Pro4People Sp. Z.o.o

2.12.1 Pro4People Sp. Z.o.o Company Profile

2.12.2 software as a medical device (SaMD) Product Overview

2.12.3 Pro4People Sp. Z.o.o software as a medical device (SaMD) Market Performance (2018-2023)

2.12.4 Pro4People Sp. Z.o.o Business Overview

3 Global software as a medical device (SaMD) Historical and Forecast Market Analysis by Type

3.1 Global software as a medical device (SaMD) Revenue and Market Share by Type

3.2 Global software as a medical device (SaMD) Revenue Market Forecast by Type (2023-2029)

4 Global software as a medical device (SaMD) Historical and Forecast Market Analysis by Application

4.1 Global software as a medical device (SaMD) Revenue Market Share by Application (2018-2023)

4.2 software as a medical device (SaMD) Revenue Market Forecast by Application (2023-2029)

5 Global Market Growth Trends Analysis

5.1 Global software as a medical device (SaMD) Market Size & Forecast (2018-2029)

5.2 software as a medical device (SaMD) Growth Trends Analysis by Regions

5.2.1 software as a medical device (SaMD) Market Size by Regions: 2018 VS 2023 VS 2029

5.2.2 software as a medical device (SaMD) Historic Market Size by Regions (2018-2023)

5.2.3 software as a medical device (SaMD) Forecasted Market Size by Regions (2023-2029)

5.2.4 North America software as a medical device (SaMD) Market Size & Forecast (2018-2029)

5.2.5 Europe software as a medical device (SaMD) Market Size & Forecast (2018-2029)

5.2.6 China software as a medical device (SaMD) Market Size & Forecast (2018-2029)

5.2.7 Asia-Pacific (Excluding China) software as a medical device (SaMD) Market Size & Forecast (2018-2029)

5.2.8 Latin America software as a medical device (SaMD) Market Size & Forecast (2018-2029)

5.2.9 Middle East & Africa software as a medical device (SaMD) Market Size & Forecast (2018-2029)

6 North America

6.1 North America software as a medical device (SaMD) Revenue by Players

6.2 North America software as a medical device (SaMD) Revenue by Types

6.3 North America software as a medical device (SaMD) Revenue by Applications

6.4 North America software as a medical device (SaMD) Market by Countries

6.4.1 North America software as a medical device (SaMD) Revenue by Countries (2018-2029)

6.5 United States

6.6 Canada

7 China

7.1 China software as a medical device (SaMD) Revenue by Players

7.2 China software as a medical device (SaMD) Revenue by Types

7.3 China software as a medical device (SaMD) Revenue by Applications

7.4 China

8 Asia Pacific (Excluding China)

8.1 Asia Pacific software as a medical device (SaMD) Revenue by Players

8.2 Asia Pacific software as a medical device (SaMD) Revenue by Types

8.3 Asia Pacific software as a medical device (SaMD) Revenue by Applications

8.4 Asia Pacific software as a medical device (SaMD) Market by Countries

8.4.1 Asia Pacific software as a medical device (SaMD) Revenue by Countries (2018-2029)

8.5 Japan

8.6 Korea

8.7 Southeast Asia

8.8 India

8.9 Australia

9 Europe

9.1 Europe software as a medical device (SaMD) Revenue by Players

9.2 Europe software as a medical device (SaMD) Revenue by Types

9.3 Europe software as a medical device (SaMD) Revenue by Applications

9.4 Europe software as a medical device (SaMD) Market by Countries

9.4.1 Europe software as a medical device (SaMD) Revenue by Countries (2018-2029)

9.5 Germany

9.6 France

9.7 UK

9.8 Italy

9.9 Russia

9.10 Nordic

10 Latin America

10.1 Latin America software as a medical device (SaMD) Revenue by Players

10.2 Latin America software as a medical device (SaMD) Revenue by Types

10.3 Latin America software as a medical device (SaMD) Revenue by Applications

10.4 Latin America software as a medical device (SaMD) Market by Countries

10.4.1 Latin America software as a medical device (SaMD) Revenue by Countries (2018-2029)

10.5 Brazil

10.6 Argentina

10.7 Mexico

11 Middle East & Africa

11.1 Middle East & Africa software as a medical device (SaMD) Revenue by Players

11.2 Middle East & Africa software as a medical device (SaMD) Revenue by Types

11.3 Middle East & Africa software as a medical device (SaMD) Revenue by Applications

11.4 Middle East & Africa software as a medical device (SaMD) Market by Countries

11.4.1 Middle East & Africa software as a medical device (SaMD) Revenue by Countries (2018-2029)

11.5 Egypt

11.6 South Africa

11.7 Israel

11.8 Turkey

11.9 GCC Countries

12 software as a medical device (SaMD) Industry Dynamic Analysis

12.1 software as a medical device (SaMD) Market Trends Analysis

12.2 software as a medical device (SaMD) Market Drivers Analysis

12.3 software as a medical device (SaMD) Market Challenges Analysis

12.4 software as a medical device (SaMD) Market Restraints Analysis

12.5 software as a medical device (SaMD) Industry Mergers & Acquisitions

12.6 software as a medical device (SaMD) Industry New Entrants and Expansion Plans

13 Research Findings and Conclusion

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
software as a medical device (SaMD) Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What trends are influencing the growth of the software as a medical device (SaMD) Market?
New players are entering the software as a medical device (SaMD) Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.
What is the market value of the software as a medical device (SaMD) Industry?
In 2024, the software as a medical device (SaMD) Market share exceeded USD xx million. Between 2025 and 2030, it will grow at a CAGR of yy%.
Where does the software as a medical device (SaMD) Industry stands in terms of scaling end-use implementations?
According to the software as a medical device (SaMD) Market research paper, organizations are making more progress than their supply chain counterparts, including suppliers.
How is the software as a medical device (SaMD) Market's changing dynamics captured?
The software as a medical device (SaMD) analysis provides high-level qualitative commentary on market dynamics, including information on growth drivers, influential trends, challenges, and opportunities.