Some of the key players influencing the market are Propeller Health, CANARY HEALTH, Noom, Inc., 2Morrow Inc., Livongo Health, Proteus Digital Health, WellDoc, Inc, Twine Health, Inc., Omada Health, Inc., and Mango Health among others.
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"Global Digital Therapeutics Market Analysis to 2025" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global digital therapeutics market with detailed market segmentation by application, distribution channel, and geography. The global digital therapeutics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the digital therapeutics market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global digital therapeutics market based on application, distribution channel, and geography. It also provides market size and forecast till 2025 for overall digital therapeutics market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The digital therapeutics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and often online health technologies to treat a medical or psychological condition. The treatment relies on behavioral and lifestyle changes usually spurred by a collection of digital impetuses. Because of the digital nature of the methodology, data can be collected and analyzed as both a progress report and a preventative measure.
The market of digital therapeutics market is anticipated to grow with a significant rate in the coming years, owing to factors such as, increasing prevalence and incidence of chronic diseases in the global population, growing attention on preventive healthcare. Various technological developments in the healthcare industry, major increase in endeavor capital investments in Asia Pacific and Europe are expected to offer growth opportunities for the players operating in the market.
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North America is estimated to contribute to the largest share in the digital therapeutics market in the coming years, owing to factors such as, improved healthcare infrastructure and rising number of chronic disorders, initiatives of government to support technological improvements in digital therapeutics, gradually improving refund structure for digital therapeutics solutions in United States and Canada. Asia Pacific is expected to witness significant growth rate during the forecast period primarily due to the growth of healthcare industry in Asian countries such as, India, China and Japan.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.