Digital Therapeutics Market Detailed Insights on Upcoming Trends 2019-2030

Page 1

Market Industry Reports (MIR) has published a new report titled “Digital Therapeutics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global digital therapeutics market is anticipated to witness a double digit CAGR from 2019 to 2030 and was valued at over US$ 140.0 Mn in 2018. It is anticipated to grow at a CAGR of 26.8% from 2019 to 2030. 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 Key Players of the Digital Therapeutics Market are: Pear Therapeutics, Inc., Proteus Digital Health, Inc, 2Morrow, Inc., Omada Health, Inc., Livongo Health, Ginger.Io, Inc., Noom, Inc. Mango Health, Canary Health, Inc., and Propeller Health among others. Get sample copy of “Digital Therapeutics Market” at: http://bit.ly/2Qr8hyx The population of geriatric population across the world has grown rapidly over the past several decades. Moreover, this growth has witnessed an unprecedented rate in recent times. In 2016, it was approximated that the population of individuals aged 65 years or older was 8.5% or 617 million of the entire world population. Furthermore, it is projected that the figure will witness an increment to 17% i.e. 1.6 billion by the end of 2050. Such rapid growth of geriatric population is anticipated to present a remunerative growth opportunity for the global digital therapeutics market in the coming times. As geriatric population requires constant healthcare and services & software on mobile or remote monitoring enable better care and this has been a major growth driver for the global digital therapeutic industry. Treatment of several conditions namely blood glucose monitoring, diabetes, cardiovascular diseases have gained immense popularity in recent times, which is further anticipated grow in the coming years. 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 subsegments. – 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). Go For Interesting Discount Here: http://bit.ly/2FpPNIe


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.