Digital Therapeutics Market Growth Analysis Report 2017-2025 By Major Companies, Regions, Types, Applications

Digital therapeutic is a digitized health solution, which utilizes digital and online health technologies to treat various medical and psychological conditions. It is a type of apps that helps patients and physicians track health data by modifying patient behavior as well as provide remote monitoring to improve long-term health problems. The global digital therapeutics market was valued at $1,751 million in 2017 and is expected to reach $7,833 million by 2025 at a CAGR of 20.5% during the forecast period.

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Rise in utilization of smartphones & tablets coupled with increase in incidence of chronic diseases boosts the growth of the global digital therapeutics market. However, lack of awareness toward healthcare-associated applications and increase in concerns regarding patient data restrict the market growth. Conversely, high growth potential in the emerging markets offers lucrative opportunities for key market players operating in this segment.

Among applications, obesity segment is expected to grow at a significant CAGR of 26.2% during the forecast period, owing to increase in obese population worldwide. For instance, according to the WHO, as of 2016, about 39% of the adults in the age group of 18 years and above were overweight, globally.

Among products, in 2017, software segment held a dominant portion in the market, accounting for about two-thirds share of the global market. This is attributed to increased penetration of smartphones and other devices in the developing economies, which in turn increases the usage of healthcare applications.

In 2017, North America was the highest contributor to the market in terms of revenue, owing to increase in wellness trend and early adoption of novel technologies. However, Asia-Pacific is expected to witness the highest CAGR during the forecast period, owing to the presence of high populace countries such as India and China.

The key players operating in the global digital therapeutics market are Proteus Digital Health, Inc., Omada Health Inc., WellDoc, Inc., 2Morrow, Inc., Livongo Health, Propeller Health, Twine Health, Inc., Canary Health, Inc. Noom Inc., and Medtronic Plc. The other players operating in the value chain are BiogenoQ Inc., Claritas Mindsciences, Jintronix Inc., Virta Health Corp., and Dthera Sciencess.

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Table Of Content

Chapter: 1: INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.key market segments
1.4.Research methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools & models

Chapter: 2: EXECUTIVE SUMMARY
2.1. CXO perspective

Chapter: 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.2.2. Top Winning Strategies
3.2.3. Top Player Positioning, 2017
3.3. Porters five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in adoption of smartphone and tablets coupled with healthcare apps
3.4.1.2. Growth in need to control healthcare costs
3.4.1.3. Rise in incidence of chronic diseases
3.4.2. Restraints
3.4.2.1. Lack of awareness regarding digital therapeutics in developing countries
3.4.2.2. Patient data privacy concerns
3.4.3. Opportunity
3.4.3.1. Emerging markets offer significant growth opportunities

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