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Digital Therapeutics Market Revolutionary Trends 2025 : PSC Biotech Corp., Sparta Systems, Inc., SAP SE, Parasoft Corporation

07-01-2019 09:35 AM CET | Health & Medicine

Press release from: Flair Insights

Digital Therapeutics Market

Digital Therapeutics Market

The Global Digital Therapeutics Market was valued at USD 107.12 million in 2016 and is projected to reach USD 913.14 million by 2025, growing at a CAGR of 26.9% from 2017 to 2025.

Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and often online health technology 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.

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Market Dynamics:

1. Market Drivers

1.1 Increasing chances of preventable Chronic Diseases

1.2 Technological developments

1.3 Need to curtail Healthcare cost

1.4 Increasing focus on preventive Healthcare

1.5 Patient friendly techniques and user-friendliness

2. Market Restraints

2.1 Patient data privacy

2.2 Insufficiency of results from traditional healthcare methods

Market Segmentation:

The Global Digital Therapeutics Market is segmented on the basis ofproduct, extraction method, application, and region.

1. Global Digital Therapeutics Market, by Sales Channel:

1.1 B2C

1.1.1 Caregivers

1.1.2 Patients

1.2 B2B

1.2.1 Providers

1.2.2 Payers

1.2.3 Pharmaceutical Companies

1.2.4 Employers

1.2.5 Others

2. Global Digital Therapeutics Market, by Application:

2.1 Preventive Applications

2.1.1 Prediabetes

2.1.2 Obesity

2.2 Treatment/Care-Related Applications

2.2.1 Diabetes

2.2.2 Central Nervous System (CNS)Disorders

2.2.3 Chronic Respiratory Diseases (CRD)

2.2.4 Musculoskeletal Disorders

2.2.5 Cardiovascular Diseases

2.2.6 Smoking Cessation

2.2.7 Medication Adherence

2.2.8 Others

3. Global Digital Therapeutics Market, by Region:

3.1 North America (U.S., Canada, Mexico)

3.2 Europe (Germany, UK, France, Rest of Europe)

3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)

3.4 Latin America (Brazil, Argentina, Rest of Latin America)

3.5 Middle East & Africa

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Competitive Landscape:

The major players in the market are as follows:

1. Proteus Digital Health, Inc.

2. Omada Health, Inc.

3. Welldoc, Inc.

4. Livongo Health

5. Noom Inc.

6. Ginger.Io, Inc.

7. Propeller Health

8. 2morrow Inc.

9. Canary Health Inc.

10. Mango Health Inc

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:

Research study on The Digital Therapeutics Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.

The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

About Us:

Flair Insights provides research that fuels innovation. Today’s modern world runs on sound research and development for which big data is required. We now live in the world of information where everything can be quantified. Flair Insights provides comprehensive analysis and reports that cover a wide range of industries. These reports will help you understand the industry and subject it is about and provide you with the right insights. Businesses can then make sound strategies based on the reports, make predictions, understand market trends, do surveys and more. The reports are a microscopic look that unveil the minutest of details.

Contact Us:

Name: Yog Thakre
Email: sales@flairinsights.com
Organization: Flair Insights
Address: 5, Kapre Complex, Suncity Road, Anand Nagar,
Pune, Maharashtra - 411051
Phone: +91 89561 90780
Website: www.flairinsights.com

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