Global Digital Therapeutics Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Digital Therapeutics Market (2024-2030):

According to the latest report, the Global Digital Therapeutics Market is estimated to grow at a CAGR of around 20% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Global Digital Therapeutics Market.


Key Takeaways: Beneficial for Stakeholders and Clients

·        Historic Period: 2019-2022

·        Base year: 2023

·        Forecast Years: 2024-2030

·        CAGR (2024-30): 20%

·   Key Perks: “In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for the years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”

Download a sample PDF of this report to gain insights into the complete report structure : https://www.marknteladvisors.com/query/request-sample/digital-therapeutics-market.html

What are the major Driver the Global Digital Therapeutics Market?

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 analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

  • 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
  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia-Pacific

As per the regional aspect, the Global Digital Therapeutics Market is expected to be dominated by the North America by capturing the potential market share. 

Explore further details about this research report-

https://www.marknteladvisors.com/research-library/digital-therapeutics-market.html

Top Companies in the Global Digital Therapeutics Market

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,

Global Digital Therapeutics Industry Recent Development

  • 2024: Otsuka Pharmaceutical, Co. Ltd. and Click Therapeutics, Inc., announced that the US Food and Drug Administration (FDA) has cleared Rejoyn™ (developed as CT-152), the first prescription digital therapeutic authorized for the treatment of major depressive disorder (MDD).
  • 2023: 2Morrow® Inc., was awarded USD 1.9 Million NIH Grant to Develop a Digital Therapeutic for Patients with Chronic Pain.
Other reports:

Why Markntel Advisor Report?

Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comparisons of products and services.

Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.

Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

Need personalized insights? Click here to customize this report-

https://www.marknteladvisors.com/query/request-customization/digital-therapeutics-market.html

For Further Queries:

MarkNtel Advisors

Call- +1 628 895 8081, +91 120 4278433

Email - sales@marknteladvisors.com

Corporate Office:  Office No.109, H-159, Sector 63, Noida, Uttar Pradesh - 201301, India

 

 

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