Global Digital Therapeutics Market Overview And Prospects – Including Digital Therapeutics Market Size
Learn about the global digital therapeutics market through The Business Research Company, which provides information on digital therapeutics market size, digital therapeutics market drivers and restraints, digital therapeutics market players, the COVID-19 impact on the digital therapeutics market, and more.
The global digital therapeutics market size is expected to grow from $4.39 billion in 2021 to $5.51 billion in 2022 at a compound annual growth rate (CAGR) of 25.6%. The global digital therapeutics market is expected to grow to $13.27 billion in 2026 at a CAGR of 24.6%.
The increasing use of smartphones drives the growth of the digital therapeutics market.
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The digital therapeutics market consists of sales of digital therapeutics devices and software by entities (organizations, sole traders, and partnerships) that are used in the treatment of medical disorders or diseases. Digital therapeutics (DTx) are the products that give evidence-based treatments to patients through high-quality software applications to prevent, manage, or treat a medical ailment or disease. Various applications and tracking devices are integrated into digital therapies for the control and cure of medical disorders. Connected devices such as insulin pumps, blood glucose meters, and wearable gadgets communicate data to a centralized system in digital therapeutics.
Global Digital Therapeutics Market Segments Include:
By Product: Software, Devices
By Sales Channel: Business-to-Business (B2B), Business-to-Consumers (B2C)
By Application: Preventive Applications, Treatment or Care-Related Applications
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Technological innovation is an emerging trend gaining popularity in the digital therapeutics market. Major companies operating in the market are focused on developing technologically advanced solutions for digital therapeutics to strengthen their position.
Major Market Players: Omada Health Inc, WellDoc Inc, 2Morrow Inc, Livongo Health, Propeller Health, Pear Therapeutics, Canary Health Inc, Noom Health Inc, Mango Health Inc, and Akili Interactive Labs.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Digital Therapeutics Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides digital therapeutics market overviews, analyzes and forecasts market size, share, digital therapeutics market players, digital therapeutics market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s digital therapeutics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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