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  • 14 February 2020 21:53

Digital Therapeutics Market Forecasts to 2030 Regional Development, Trends, Strategy and Profitability Analysis - Pear Therapeutics, Proteus Digital Health

The updated ‘Global Digital Therapeutics Market Report 2019-2030’ is now available with Market Industry Reports (MIR). Researchers have provided detailed analysis on ongoing trends and developments in the product, product preference by large end-users, and strategies adopted by the key players for the competitors to identify opportunities and expand considerably.

The global digital therapeutics market is anticipated to witness a double digit CAGR from 2019 to 2030 and was valued at over US$ 1.9 Bn in 2018. It is anticipated to grow at a 26.8% CAGR from 2019 to 2030. Digital Therapeutics is a form of digitalized health solution which utilizes the likes of online and digital health technologies, to treat several psychological and medical conditions. These applications assist patients and medical professionals to track various health related data and provide options for remote monitoring, thereby, providing means to improve long-term health conditions.

The global digital therapeutic market is driven by can be attributed to several factors, increasing use of smartphones and internet, increasing awareness related to digital health therapy, and rising number of chronic diseases & geriatric population. Moreover, need to curb the growing healthcare cost and provide better healthcare to population. However, lack of awareness and data security of customers and healthcare professionals are likely to restrain the market to a certain extent.

Major Key Players of the Digital Therapeutics Market are:
Pear Therapeutics, Proteus Digital Health, 2Morrow, Omada Health, Livongo Health, Ginger.Io, Noom, Mango Health, Canary Health, and Propeller Health among others.

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The continual growth of the Digital Therapeutics market can be attributed to several factors, increasing use of smartphones and internet, increasing awareness related to digital health therapy, and rising number of chronic diseases & geriatric population. Moreover, need to curb the growing healthcare cost and provide better healthcare to population are other factors adding to the growth of the global digital therapeutics market between 2019 and 2030. To obtain better insights regarding the market scenario prominent players are increasingly focusing on collaborative initiatives with several institutes and research centers. Kaiku Health, a Helsinki-based company offering digital patient monitoring and patient-reported outcome services, collaborated with Turku University Hospital & Amgen (Finland) to launch a digital symptom tracking for multiple myeloma, a type of bone marrow cancer. This digital health therapy would support and guide patients in their treatment regime.

Major Applications of Digital Therapeutics Market covered are:
Obesity Diabetes Central Nervous System (CNS) Disorders
Cardiovascular Diseases
Respiratory Diseases
Medical Adherence
Smoking Cessation

Research objectives:-

– To study and analyze the global Digital Therapeutics consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Digital Therapeutics market by identifying its various sub-segments.
– Focuses on the key global Digital Therapeutics manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Digital Therapeutics with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Digital Therapeutics Market Size
2.2 Digital Therapeutics Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Digital Therapeutics Market Size by Manufacturers
3.2 Digital Therapeutics Key Players Head office and Area Served
3.3 Key Players Digital Therapeutics Product/Solution/Service
3.4 Date of Enter into Digital Therapeutics Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Digital Therapeutics Sales by Product
4.2 Global Digital Therapeutics Revenue by Product
4.3 Digital Therapeutics Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Digital Therapeutics Breakdown Data by End User

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In the end, Digital Therapeutics industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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