Software as a Medical Device Market is Booming Worldwide | Medtronic, Philips, Cardinal Health – ZNews Africa – ZNews Africa

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Software as a medical device is intended to use for one or more medical purposes that perform these purposes without being part of a hardware medical device. The software can be used around a broad range of technology platforms, such as medical device platforms, commercial off-the-shelf platforms, and virtual networks, to name a few.This growth is primarily driven by Increasing Number of Healthcare Facilities and Aging Population is the Major Growth Factor for a Medical Device Software.
Some of the key players profiled in the study are:
Medtronic (Ireland), Johnson & Johnson (United States), ABBOTT (United States), Philips (Netherlands), Fresenius Medical Care (Germany), GE Healthcare (United States), BD (United States), Siemens Healthineers (Germany), Cardinal Health (United States) and Stryker Corporation (United States)
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Advance Market Analytics published a new research publication on “Global Software as a Medical Device Market Insights, to 2027” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Software as a Medical Device market was mainly driven by the increasing R&D spending across the world.
Key Developments in the Market:
On 10th Jan 2022, Medtronic announced it has entered into a definitive agreement to acquire Affera, Inc. The acquisition will expand the Medtronic portfolio of advanced cardiac ablation products and accessories to meet physicians’ needs within a growing patient population. and On 10th Jan 2022, Johnson & Johnson announced it will collaborate with Microsoft to further allow and expand Johnson & Johnson’s secure and compliant digital surgery ecosystem. The Microsoft cloud will help Johnson & Johnson realize its vision of driving innovation that advances skills, improves workflow, and enhances surgical decision-making for a better overall customer experience and improved patient and economic outcomes.
The titled segments and sub-section of the market are illuminated below:
by Type (Software in a Medical Device, Software used in the Manufacture or Maintenance of a Medical Device), Application (Medical Record, Patient Record, Training, Diagnosis, Medical Research, Others), Deployment (Web-based, Cloud-based, Others), Verticals (Hospitals, Colleges, Training Centers, Others)
Market Drivers
Market Trend
Growing Demand for Software as a Medical Device from Healthcare Sector
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Software as a Medical Device Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Software as a Medical Device market
Chapter 2: Exclusive Summary – the basic information of the Software as a Medical Device Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Software as a Medical Device
Chapter 4: Presenting the Software as a Medical Device Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2016-2021
Chapter 6: Evaluating the leading manufacturers of the Software as a Medical Device market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Software as a Medical Device Market is a valuable source of guidance for individuals and companies.
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