MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Global Digital Therapeutics Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Global Digital Therapeutics Market: 2024-2030
The Global Digital Therapeutics Market is estimated to grow at a CAGR of around 20% during the forecast period, i.e., 2024-30.
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Global Digital Therapeutics Market Driver:
Increasing Prevalence of Preventable Chronic Diseases to Infuse the Market Growth – There has been a significant prevalence of preventable chronic diseases, such as diabetes, cardiovascular diseases (CVDs), etc., across the globe. For instance, as per the International Diabetes Federation (IDF), worldwide, approximately 537 million adults aged between 20-79 years were living with diabetes in 2021. Further, the total number of patients with diabetes is projected to rise to 643 million by 2030 & 783 million by 2045.
Digital therapeutics assist patients to effectively manage diabetes by offering personalized management strategies, including blood glucose tracking & medication reminders. As a result, the demand for diabetes-based digital therapeutics, such as BlueStar by WellDoc, Livongo Diabetes Program, etc. has increased. This has further propelled the overall Digital Therapeutics Market.
Global Digital Therapeutics Market Segmentation:
The Global Digital Therapeutics Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Product
-Software- Market Size & Forecast 2019-2030, USD Million
-Hardware- Market Size & Forecast 2019-2030, USD Million
By Application
-Preventive- Market Size & Forecast 2019-2030, USD Million
-Pre-Diabetes- Market Size & Forecast 2019-2030, USD Million
-Obesity- Market Size & Forecast 2019-2030, USD Million
-Smoking Cessation- Market Size & Forecast 2019-2030, USD Million
-Others (Hypertension, Sleep Hygiene, etc.) – Market Size & Forecast 2019-2030, USD Million
-Treatment/Care- Market Size & Forecast 2019-2030, USD Million
-Cardiovascular Diseases (CVDs)- Market Size & Forecast 2019-2030, USD Million
-Central Nervous System Diseases- Market Size & Forecast 2019-2030, USD Million
-Diabetes- Market Size & Forecast 2019-2030, USD Million
-Musculoskeletal Diseases- Market Size & Forecast 2019-2030, USD Million
-Others (Respiratory Diseases, Drug Substance Abuse, etc.) – Market Size & Forecast 2019-2030, USD Million
By Business Model
-Business-to-Consumer (B2C)- Market Size & Forecast 2019-2030, USD Million
-Business-to-Business (B2B)- Market Size & Forecast 2019-2030, USD Million.
Geographical Analysis into the Global Digital Therapeutics Market:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Competitive Landscape and Global Digital Therapeutics Market Share Analysis:
The competitive landscape of the Global Digital Therapeutics Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Omada Health Inc., Google (Fitbit Health Solutions), 2Morrow® Inc., Teladoc Health. Inc. (Livongo), ResMed (Propeller Health), Aptar (Voluntis, Inc.), Welldoc, Inc., Canary Health, Noom, Inc., Biofourmis, Click Therapeutics, Better Therapeutics, Cognoa, CogniFit Inc., Virta Health, Others,
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Global Digital Therapeutics Market growth?
- How is the Global Digital Therapeutics Market expected to grow over the next five years?
- What are the key insights into the current trends in the Global Digital Therapeutics Market?
- What is the current size of the Global Digital Therapeutics Market, and how is it projected to change in the future?
- What is the future outlook for the Global Digital Therapeutics Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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