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Software as a Medical Device Market to reach USD 86,451 62 million by 2027- Tietronix Software, Inzentiz, BrightInsight, Pro4People, Zühlke Group – KSU

tipFebruary 20, 2021 49 The software as a medical device market is expected to reach USD 86,451.62 million by 2027 from US$ 18,488.00 Mn in 2019; it is estimated to grow at a CAGR of 21.9% during 2020–2027. Software as a medical device is defined as a software solution used for one or more medical purposes without the software actually being a part of any medical hardware. These solutions can be used across a large range of technology platforms, including medical device, commercial “off-the-shelf” platforms, virtual networks, and others. The unique features of these devices that help them act more than a traditional medical device helps to promote innovation in digital healthcare and protect patient safety. The growth of the market is attributed to the increasing adoption of Internet of Things (IoT) and connected devices in healthcare sector, and advantages of software as a medical device, among others. However, the threat of data breach obstructs the growth of the market

Kidney Stone Retrieval Devices Market to reach US$ 3,653 92 million by 2027 – STORZ MEDICAL AG, Walz Elektronik, Dornier MedTech, Lumenis – KSU

tipFebruary 20, 2021 34 The kidney stone retrieval devices market was valued at US$ 2,541.07 million in 2019 and is projected to reach US$ 3,653.92 million by 2027; it is expected to grow at a CAGR of 4.8% from 2020 to 2027. The kidney stone devices encompass a wide range of stone retrieval tools such as lithotripters, stone baskets, ureteral stents, ureterorenoscopes, guidewires, and access sheaths. These devices or tools are tube-like structures attached to cameras that visualize the position of stones within a ureter. Tools such as lithotripters are used to break down stones into pieces, while stone baskets assist in holding the stones pieces collectively. Accessories such as guidewires and access sheaths help insert stone removal devices into the ureter.

Portable and Wearable Dialysis Devices Market Business Opportunity to 2027 – Top Companies NIPRO, QUANTA DIALYSIS TECHNOLOGIES, AWAK TECHNOLOGIES – KSU

tipFebruary 20, 2021 78 The portable and wearable dialysis devices market is expected to reach US$ 4,393.8 million in 2027 from US$ 3,023.1 million in 2019. The market is estimated to grow with a CAGR of 5.0% from 2020 to 2027. Portable dialysis devices are being used to reduce the disease burden by minimizing or completely eliminating dietary restrictions. Although dialysis machines are lifesavers, less attention is paid to them by the medical device industry. Portable dialysis machines are specifically designed for use at home setups or during traveling. These machines can considerably improve the quality of life by allowing patients to have dialysis while going around their daily activities. Wearable dialysis machines, also called wearable artificial kidneys, are disassembled dialysis equipment whose separate parts are fixed on to a belt that is worn around torso. The portable and wearable dialysis devices market growth is attributed to factors such as increasing number of

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