The Global Digital Therapeutics Market is projected to grow from USD 3.4 billion in 2021 to USD 13.4 billion by 2030 at a CAGR of 31.4% during the forecast period. Digital therapeutics enables the provision of empirically supported therapeutic interventions to patients. To prevent, manage, or treat a medical problem, it is given through software and equipment. To deliver patient care and health outcomes, digital therapeutics software applications can be utilized alone or in combination with other therapies, devices, or drugs. Digital therapeutics products are all based on cutting-edge technology best practices for design, clinical validation, usability, and data protection
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The global market for digital therapeutics is expanding as a result of rising adoption of smartphones and tablets, healthcare apps, an increase in the need to control healthcare costs, considerable advantages for the entire healthcare continuum, and an increase in the prevalence of chronic diseases. For instance, the World Health Organization (WHO) estimates that 463 million persons worldwide would have diabetes in 2020. According to predictions, there will be approximately 629 million diabetics worldwide by 2045.
Key Players in the Global Market to Focus on Expanding their Customer Base
Prominent Companies to Establish Various Corporate Strategies to Aid in Global Expansion. These players are focusing on strategic collaborations and partnerships to expand their market presence and strengthen their product portfolio.
Major Players Driving the Growth of the Digital therapeutics Market:
- Proteus Digital Health, Inc
- Omada Health Inc.
- Welldoc Inc.
- Livongo Health
- Noom Inc.
- Propeller Health
- CANARY HEALTH
- Mango Health Inc.
- 2Morrow, Inc.
SEGMENTATION
By Product Type
- Software
- Devices
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By Application
- Diabetes
- Weight Management
- Cardiovascular Diseases
- Respiratory Diseases
- Others
By Sales Channel
- Business-to-Business
- Business-to-Consumers
By Region
- North America
- Europe
- Asia Pacific
- The Middle East & Africa
- South America
Why Purchase the Report?
- The report includes information such as market dynamics scenario, opportunities and challenges during the forecast period
- Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
- Regional, sub-regional, and country-level data include the demand and supply forces along with their influence on the market.
- The competitive landscape comprises a share of key players, offering products, relevant financial information, recent developments, SWOT analysis, and strategies.
- Understand the current market scenario and viability of the global market over the forecast period.
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Some of the key questions answered in this report:
- What can we estimate about the anticipated growth rates and also the global digital therapeutics industry size by 2030?
- What will happen in the coming existing and emerging markets?
- What will the market development pace of market?
- Which are the five top players in the digital therapeutics market?
- How will the digital therapeutics market change in the upcoming years
KEY INDUSTRY DEVELOPMENTS:
November 2019– The Bluestar product was jointly developed and launched in Japan and Asia by Welldoc and Astellas Pharma Inc.
TABLE OF CONTENTS-
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On digital therapeutics Market
Chapter 5. Global digital therapeutics Market Overview, By Disease Type, 2017 – 2030(USD Million)
Chapter 6. Global digital therapeutics Market Overview, By Type, 2017 – 2030(USD Million)
———Continued
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