Uttar Pradesh News Desk

Digital Therapeutics Market to grow at a CAGR of 26.33 percent to reach USD 26.33 Bn by 2029, Technological Advancements, Market Share and Size

 Breaking News
  • No posts were found

Digital Therapeutics Market to grow at a CAGR of 26.33 percent to reach USD 26.33 Bn by 2029, Technological Advancements, Market Share and Size

April 11
18:09 2023
Digital Therapeutics Market to grow at a CAGR of 26.33 percent to reach USD 26.33 Bn by 2029, Technological Advancements, Market Share and Size
Digital Therapeutics Market
Digital Therapeutics Market size was valued at USD 4.97 Bn. in 2022 and the total Digital Therapeutics revenue is expected to grow at a CAGR of 26.33% from 2023 to 2029, reaching nearly USD 25.55 Bn.

Pune, 11, April, 2023: As per the “Digital Therapeutics Market” report, the total market for Digital Therapeutics is USD 3.94 Bn in 2021 and is expected to reach USD 25.55 Bn by 2029 with a CAGR of 26.33 percent. The report published by Maximize Market research, on the Global Digital Therapeutics Market, covers an extensive regional analysis, market dynamics and competitive landscape.

Digital Therapeutics Market Report Scope and Research Methodology 

The Digital Therapeutics market report majorly focuses on the market size, shares, regional insights and dynamics. The detailed analysis of Digital Therapeutics market dynamics includes growth drivers, restraints, major challenges and prevailing opportunities, which guides the clients in investment planning. To estimate the global and regional Digital Therapeutics market size, the bottom-up approach was used. Both primary and secondary research methods were employed for the Digital Therapeutics market report. The primary research includes interviews with important opinion leaders and Digital Therapeutics industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals while the secondary research includes a review of annual and financial reports of leading manufacturers’ government sites, industry journals, white papers, releases of product manufacturers and suppliers in the Digital Therapeutics industry along with paid and free databases. The Digital Therapeutics market report includes a list of competitors and a SWOT analysis was used to provide the strengths and weaknesses of these competitors. PORTER, PESTEL analysis was employed to understand the potential impact of macroeconomic and microeconomic factors on the Digital Therapeutics Market.

Digital Therapeutics Market Dynamics

The primary factor driving the market is the increasing need to control healthcare costs. The factor that is creating various growth opportunities for the market is the increasing use of digital therapeutics to aid and cope with long-term conditions such as insomnia, asthma and diabetes. During the forecast period, the market is expected to grow majorly due to the lack of physical exercise, increased consumption of junk food and increasing technological advancements. 

The market growth is expected to be hampered by the lack of understanding about digital therapies in developing nations and privacy issues of patient data.  

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/7003 

Digital Therapeutics Market Regional Insights

The North America region dominated the global market with the largest Digital Therapeutics Market share in 2021 and is expected to retain its dominance during the forecast period. The growth of the regional market is attributed to government initiatives to encourage technological advancement.  

The Asia Pacific region is expected to grow at a CAGR of 19.8 percent during the forecast period. The growth of the regional market is attributed to the increasing adoption of smartphones and increasing demand for effective healthcare.

Digital Therapeutics Market Segmentation

By Sales Channel

  • B2B
  • B2C

 

By Application

  • Preventive Applications
    • Prediabetes
    • Obesity
    • Nutrition
    • Lifestyle Management
    • Other Preventive Applications
  • Treatment/Care-related Applications
    • Diabetes
    • CNS Disorders
    • Chronic Respiratory Disorders
    • Musculoskeletal Disorders
    • Cardiovascular Diseases
    • Smoking Cessation
    • Medication Adherence
    • Gastrointestinal Disorders
    • Substance Use & Addiction Management
    • Rehabilitation & Patient Care
    • Other

 

Digital Therapeutics Key Competitors include:

  • Noom(US)
  • Livongo Health(US)
  • Omada Health(US)
  • Virta Health(US)
  • Cognoa(US)
  • Ayogo Health(US)
  • Mindstrong Health(US)
  • 2Morrow(US)
  • Hinge Health(US)
  • BehaVR(US)
  • WellDoc(US)
  • Pear Therapeutics(US)
  • Proteus Digital Health(US)
  • Propeller Health(US)
  • Akili Interactive Labs(US)
  • Better Therapeutics(US)
  • Happify(US)
  • Kaia Health(US)
  • Mango Health(US)
  • Click Therapeutics(US)
  • Canary Health(US)
  • Wellthy Therapeutics(India)
  • Ginger( Australia)
  • Mindable Health(Germany)
  • Doktor.se( Sweden)

 

Table of Content for Digital Therapeutics Market: 

  • Global Digital Therapeutics Market: Research Methodology

 

  • Global Digital Therapeutics Market: Executive Summary
  • Market Overview and Definitions
  • Introduction to Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders 
  • Recommendations for New Market Entry

 

  • Global Digital Therapeutics Market: Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities 
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • PESTLE
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact

 

  • Global Digital Therapeutics Market Segmentation
  • Global Market, by Sales Channel (2021-2029)
  • Global Market, by Application (2021-2029)

 

  • Regional Digital Therapeutics Market (2021-2029)
  • Regional Market, by Sales Channel (2021-2029)
  • Regional Market, by Application (2021-2029)
  • Regional Market, by Country (2021-2029)

 

  • Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy 
  • Recent Developments

 

Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/7003 

Key questions answered in the Digital Therapeutics Market are:

  • What are digital therapeutics?
  • What are the Digital Therapeutics Market segments? 
  • What is the expected Digital Therapeutics Market size by the end of the forecast period?
  • What are the global trends in the Digital Therapeutics Market?
  • What are the upcoming industry applications and trends for the Digital Therapeutics Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for Digital Therapeutics Market? 
  • How is the intervention from regulatory authority shaping the Digital Therapeutics Market?
  • What growth strategies are the players considering to increase their presence in Digital Therapeutics?
  • Who are the leading companies and what are their portfolios in Digital Therapeutics Market? 
  • What are the major challenges that the Digital Therapeutics Market could face in the future? 
  • Who held the largest market share in Digital Therapeutics Market? 

 

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by Sales Channel, Application and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

 

Maximize Market Research is leading Healthcare research firm, has also published the following reports:

Alzheimer’s Therapeutics Market – The market size is expected to reach USD 18.46 billion by 2029 at a CAGR of 19.3 percent during the forecast period. The market is expected to be driven by the high adoption of biomarkers in diagnosis and drug development.

ADHD Therapeutics Market – The market size is expected to reach USD 31.14 million by 2029 at a CAGR of 6.27 percent during the forecast period. The market is expected to be driven by the increasing prevalence of ADHD and advancements in the therapeutics to manage the conditions.

 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

 

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected] 

+91 96071 95908, +91 9607365656

Media Contact
Company Name: MAXIMIZE MARKET RESEARCH PVT. LTD.
Contact Person: Geeta Yevle
Email: Send Email
Phone: +91 9607365656
Address:3rd Floor, Navale IT Park, Phase 2, Pune Banglore Highway, Narhe,
City: Pune
State: Maharashtra
Country: India
Website: https://www.maximizemarketresearch.com/market-report/global-digital-therapeutics-market/7003/

Related Articles