Press release
Digital Medicine Industry Analysis and Opportunity and Forecast with top key Players Ginger.io, Inc., Akili Interactive Labs., Livongo Health, AliveCor, Inc., WellDoc, Inc., Mocacare, Proteus Digital Health, Inc.
Digital medicine technology is an innovative technological technique that has bridged the unsought gap between healthcare and digital technology. Due to evolution in health care, scientific medicine introduced the concept of digital medicine which aims in providing individualized medicine by knowing the biology of a patient through a wireless sensor technology and other mobile health technologies. Digital medicine technology is more privileged than current medical practice since it is more precise, effective, well distributed, feasible and equitable applied technology. Recent success in digital medicine services implements the measurements of heart rhythm or rate, stress levels, blood pressure, oxygen concentrations and even management and prevention of chronic or acute conditions.Other factors driving the market are rising of biopharma and biotechnological institutes, augmented R&D investment on digital medicine and rising awareness of personalized healthcare. However, factors such as huge capital investment, lack of medical knowledge and limited functionality of apps are likely to restrain the growth of market. In addition, the regulations and approvals by government imposed on the product can challenge the industrial growth. Growing use of healthcare apps, patients support for digital medicine, presence of numerous private players and variation in mobile apps technology offer lucrative business opportunities for market to nurture.
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The digital medicine market is currently in its nascent stage as ABILIFY-, byOtsuka Pharmaceutical Co., Ltd. And Proteus Digital Health was the first digital medicine to be approved by the U.S. Food and Drug Administration (USFDA) in 2015. The global digital medicine market is expected to register substantial growth in the near future, which is associated with high usage of smartphones, rising healthcare expenditures, expansion of software companies, high percentage of population with chronic diseases, and mobile phone proliferations.
KEY BENEFITS FOR STAKEHOLDERS:
• This report provides an extensive analysis of the current and emerging market trends and dynamics in the global digital medicine market.
• This study evaluating competitive landscape and value chain has been taken into account to help in understanding the competitive environment across the geographies.
• Region-wise and country-wise global digital medicine market conditions are comprehensively analyzed in this report. High usage of smartphones, rising healthcare expenditures, expansion of software companies, high percentage of population with chronic diseases, and mobile phone proliferations are expected to drive the growth of the market.
• This report entails the detailed quantitative analysis of the current market and estimations through 2014-2022, which assists in identifying the prevailing market opportunities.
• An in-depth analysis of current research and clinical developments within digital medicine market is provided with key market dynamic factors that help in understanding the behaviour of the market.
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Major key players:
• 2Morrow Inc.
• Ginger.io Inc.
• Akili Interactive Labs.
• Livongo Health
• AliveCor Inc.
• WellDoc Inc.
• Mocacare
• Proteus Digital Health Inc.
• Voluntis
• Omada Health Inc.
Analyst Review :
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology
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Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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