Press release
Digital Therapeutics Market to Witness Huge Growth in 2025 | Key Player Analysis: Propeller Health, CANARY HEALTH, Noom, Inc., 2Morrow Inc., Livongo Health, Proteus Digital Health, WellDoc, Inc, Twine Health, Inc., Omada Health, Inc., and Mango Health amo
Digital Therapeutics Market
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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Digital Therapeutics Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. The Insight Partners offers a latest published report on “Digital Therapeutics Market Analysis and Forecast 2018- 2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 150 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
The report aims to provide profiles of key digital therapeutics market manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Some of the key players influencing the market are
1 PROPELLER HEALTH
2 CANARY HEALTH
3 Noom, Inc.
4 2Morrow Inc.
5 Livongo Health
6 PROTEUS DIGITAL HEALTH
7 WellDoc, Inc
8 Twine Health, Inc.
9 Omada Health, Inc.
10 MANGO HEALTH
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 global digital therapeutics market is segmented on the basis of application, distribution channel, and geography. The application segment includes, respiratory diseases, central nervous system disease, smoking cessation, medication adherence, cardiovascular diseases, musculoskeletal diseases, and other applications. Based on distribution channel, the digital therapeutics market is segmented as, B2B and B2C.
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.
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.
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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.
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