Digital Therapeutics Market Research Report

 Growth opportunities in the digital therapeutics market look promising over the next six years. This is mainly due to the growing number of internet users, the rising need to curb healthcare expenditures, improved drug adherence, and the increasing use of smartphones.

Request for a FREE Sample Report on Digital therapeutics Market

Digital Therapeutics Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The augmenting internet users and the accelerating penetration of smartphones, developments and the miniaturization of digital technologies, and the growing demand to control healthcare expenditure are the drivers stimulating the adoption of digital therapeutics across individuals and boosting the global digital therapeutics market. Various initiatives by government and venture capital funding will further strengthen the market size. Also, factors like increasing precautionary healthcare activities, persuasive administration of chronic diseases, and digitalization of healthcare will fuel the market growth. Moreover, the capability to induce behavioral changes, better drug adherence, and patient accessibility also supports market share. However, concerns about the privacy of patient data and insufficient access and knowledge regarding digital therapeutics programs in developing economies are the factors that may curb the digital therapeutics market growth.

Application Segment Drivers

On the basis of application, the market is segmented into treatment and preventive. Amongst which, treatment is expected to grow at a faster CAGR during the forecast period attributed to the factors like huge treatment and healthcare costs, largely because of the chronic conditions. Increasing healthcare costs, the rising presence of chronic diseases, and the digital therapeutics ability to offer cost-effective solutions are propelling the market demand.

Regional Drivers

Based on regional coverage, North America is anticipated to lead the market over the forecast period owing to the growing investments, the incursion of new start-ups, developments in the reimbursement structure for digital therapeutics, and initiatives by the government to strengthen technological advancements.

Digital Therapeutics Market’s leading Manufacturers:

  • Mango Health Inc.
  • 2morrow Inc.
  • Io, Inc.
  • Livongo Health
  • Canary Health Inc.
  • Omada Health, Inc.
  • Propeller Health
  • Noom Inc.
  • Welldoc, Inc.
  • Proteus Digital Health, Inc.

Digital Therapeutics Market Segmentation:

Segmentation by Product Type:

  • Hardware
  • Wearable Device
    • Headbands
    • Smart Watches
    • Sociometric Badges
    • Others
  • Non-wearable Device
    • Glucose Monitoring Devices
    • Others
  • Software

Segmentation by Application:

  • Preventive
  • Prediabetes
  • Obesity
  • Treatment
  • Diabetes
  • Obesity
  • CVD
  • CNS Disease
  • Respiratory Diseases
  • Smoking Cessation
  • Others

Segmentation by Region:

  • North America
    • United States of America
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com

Comments

Post a Comment

Popular posts from this blog

Saudi Arabia Water Recycling Market - Opportunities & Forecast, 2020-2027

  This study of the market provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the industry. The report mentions growth parameters in the markets along with major players in the country. The report offers detailed profile and data information analysis of the leading companies in the Saudi Arabia Water Recycling Market: ·          ENEXIO MANAGEMENT GmbH ·          Q.E.D. Environmental Systems Ltd. ·          Flottweg SE ·          Sierra Instruments Inc. ·          Veolia Environment S.A. ·          Enduro Composites Inc. ·          Endress Hauser AG ·          Servomex – Spectris ·          Experts Water Technologies Co. Ltd. (EWTCO) The key drivers of the Saudi Arabia Water Recycling Market are as follows: The growing number of recycling programs and favorable government initiatives on water and sanitatio
Read more

3D Projector Market Research Report

 Growth opportunities in the 3D projector market look promising over the next six years. This is mainly due to the increasing adoption of 3D projectors in home theatres and cinema halls, the growing usage of the 3D projector for large venues and events, and advancements in 3D projector technology. Request for a FREE Sample Report on 3D Projector Market. 3D Projector Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The augmenting adoption of the 3D projectors in cinema halls, smart classrooms, and home theatres is a key factor stimulating the growth of the global 3D projector market. The projectors' ongoing technological innovations and easy accessibility will attract consumers to choose 3D projector solutions with better image quality and several connectivity features like Bluetooth & Wi-Fi connectivity. Also, the growing prominence of 3D movies because of the authentic experience imparted by the 3D proje
Read more

Artificial Intelligence in Agriculture Market Research Report

  Growth opportunities in the Artificial Intelligence in Agriculture Market look promising over the next six years. This is mainly due to the ongoing government initiatives, reduction in labor expenses, and help to overcome the traditional challenges in every field. Request for a FREE Sample Report on Artificial Intelligence in Agriculture Market Artificial Intelligence in Agriculture Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The stimulating demand for agriculture production led by the accelerating population rate, increasing incorporation of information management systems and sophisticated technologies, including deep learning and machine learning techniques to enhance the crop productivity along with the surging favorable initiatives by the government are some of the most prominent drivers supplementing the growth of the global AI in the agriculture market. Also, these devices allow controlling of p
Read more