Global Digital Therapeutics Market – Industry Trends - Forecast to 2026
Global Digital Therapeutics Systems Market is expected to rise from its initial estimated value of USD 198.03 million in 2018 to an estimated value of USD 1,365.70 million by 2026 registering a CAGR of 27.3% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising geriatric population over the world and pro-active government policies to support the improvement and application of digital therapeutics solutions.
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Market Definition
Digital therapeutic is a technology based health solution. This is also known as software-as-a-drug. This system utilizes digital and online health technologies for the treatment of various medical and psychological conditions. This is basically a type of app which helps patients and physicians to constant monitor the health data by modifying patient behavior and provides remote monitoring in order to improve the patients long-term health problems. This is basically a digital system used in the treatment of medical conditions. This is a cost effective solution and also have the potential to improve patient engagement and bring substantial change in patient health. This treatment solution is basically used to help and mange long term medical conditions which include asthma, insomnia, and diabetes. Request For Free Sample Report: https://www.databridgemarketresearch.com/request-asample/?dbmr=global-digital-therapeutics-market
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Market Segmentation By Product • Pain Management Devices • Rehabilitation Devices • Respiratory Therapy Devices • Insulin Pumps By Application • Preventive o Pre Diabetes o Obesity o Smoking Cessation • Treatment/Care o Diabetes o Cardiovascular Diseases o Central Nervous System Disease o Respiratory Diseases Speak to Expert: o Musculoskeletal Diseases https://www.databridgemarketresearch.com/spe o Medication Adherence
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Market Segmentation By Sales Channel • Business-to-Consumer (B2C) o Patient o Caregiver • Business-to-Business (B2B) o Providers o Payers o Employers o Pharmaceutical Companies By Geography • North America • South America • Europe • Asia-Pacific • Middle East and Africa
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Competitive Analysis
Global digital therapeutics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of digital therapeutics market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Major Market Competitors • • • • • • • • • • • • • • •
Digital Health Omada Health WellDoc 2Morrow Inc Livongo Health Propeller Health Fitbit Health Solutions CANARY HEALTH Noom, Inc. Medtronic Biogen MindSciences JINTRONIX Virta Health Corp Dthera Sciences.
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