Press release
Digital Therapeutics Market Trends 2025: Proteus Digital Health, Omada Health, Inc., WellDoc Inc., 2Morrow, Inc., Livongo Health, Propeller Health, Twinehealth, Canary Health, Inc. Mango Health, Inc. and Noom, Inc
CMR Published “Digital Therapeutics Market by Application and End User - Global Industry Analysis and Forecast to 2025” from its database. The report reviews top companies involved and enlists all trials pertaining to the company.Overview:
The global digital therapeutics market is estimated to be around $9 billion by 2025. The market is expected to witness high growth during forecast period due to increase in demand for digitalization of healthcare and effective management of acute and chronic diseases
Competitive Insights 2018:
Some of the major players operating in the global market are Proteus Digital Health, Omada Health, Inc., WellDoc Inc., 2Morrow, Inc., Livongo Health, Propeller Health, Twinehealth, Canary Health, Inc. Mango Health, Inc. and Noom, Inc.
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The Digital Therapeutics Market is segmented as follows-
Digital Therapeutics Market, By Application, Estimates and Forecast, 2016-2025 ($Million)
• Preventive
• Prediabetes
• Obesity
• Treatment/Care
• Diabetes
• Medication Adherence
• Central Nervous System Disease
• Respiratory Diseases
• Musculoskeletal Diseases
• Smoking Cessation
• Cardiovascular Diseases
• Other Applications
Digital Therapeutics Market, By End User, Estimates and Forecast, 2016-2025 ($Million)
• Patients
• Providers
• Payers
• Employees
Industry Outlook and Trend Analysis:
Besides rise in incidences of chronic diseases, technological up gradation, demand for preventive measures for management of diseases and rising demand for e-health will further drive the market growth.
Increasing use of smartphones and growing number of internet users globally will significantly contribute to the growth of the market. Another vital factor responsible for the growth of digital therapeutics market is cost effectiveness of digital therapeutics as compared to traditional methods as it allows remote consultation to patients. Despite large investment in this segment, data privacy issues, lack of awareness about digital health programs and refusal from healthcare providers as well as patients will hamper the growth of the market.
Application Outlook and Trend Analysis:
Diabetes segment is expected to witness highest growth over the forecast period, due to increase in prevalence of diabetes worldwide.
According to the International Diabetes Federation (IDF), around 415 million people across globe were affected by diabetes as of 2015 and this number is expected to reach 642 million by 2040. Such a high prevalence of diabetes will primarily drive growth of the market.
Preventive market segment is expected to witness fastest growth during forecast period. This can be attributed to factors such as increasing demand for pre-screening techniques for various chronic diseases and rise in demand for cost saving preventive healthcare programs.
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Regional Outlook:
On a global front, the Digital Therapeutics Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, South Africa, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA). North America, trailed by Europe is anticipated to account for significant share of the global electric aircraft market during the forecast period.
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Major TOC of Digital Therapeutics Market:
Part3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Rising Prevalence of Chronic Diseases Worldwide
3.3.1.2. Rise in Demand for Preventive Measures for Disease Management
3.3.1.3. Rise in Number of Smartphones and Internet Users
…
Part4. Digital Therapeutics Market, By Application
4.1. Introduction
4.2. Digital Therapeutics Market Assessment and Forecast, By Application, 2016-2025
4.3. Preventive
4.3.1. Global Market Assessment and Forecast, By Type, 2016-2025 ($Million)
4.3.2. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.3. Prediabetes
4.3.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.4. Obesity
4.3.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4. Treatment / Care
4.4.1. Market Assessment and Forecast, By Type, 2016-2025 ($Million)
4.4.2. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.3. Diabetes
4.4.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.4. Cardiovascular Diseases
4.4.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.5. Central Nervous System Disease
4.4.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.6. Smoking Cessation
4.4.6.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
…
Part5. Digital Therapeutics Market, By End User
5.1. Introduction
5.2. Digital Therapeutics Market Assessment and Forecast, By End User, 2016-2025
5.2.1. Patients
5.2.1.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.2. Providers
5.2.2.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.3. Payers
5.2.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.4. Employees
5.2.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.5. Other End Users
…CONTINUED FOR TOC
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