Digital Therapeutics Market Outlook to 2025 - WellDoc, Omada Health, Livongo Health, Fitbit, MANGO HEALTH, Proteus Digital Health, Noom, 2Morrow, Propeller Health and CANARY HEALTH

Global digital therapeutics market is expected to grow in the coming years, owing to the rising pressure on healthcare providers to reduce healthcare cost in the market. The fiscal pressure and patent cliffs compel healthcare providers to cut on drug prices, encourage the use of generics and scale back the reimbursement. This in turn is gradually reducing the profit margins and annual net sales of the healthcare companies that leads to immediate requirement of a strategic plan so as to cut down on the operational costs.

The global Digital Therapeutics market was valued at US$ 1,993.2 Mn in 2017 and is estimated to reach US$ 8,941.1 Mn by 2025. The market is estimated to grow with a CAGR of 20.8% from 2018-2025.

The report provides key statistics on the market status of the Corporate Secretarial Services players and offers key trends and opportunities in the market.

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Rising pressure on healthcare providers to reduce healthcare costs is anticipated to drive the market for digital therapeutics over the forecast period.

The major players operating in the digital therapeutics market include Propeller Health, CANARY HEALTH, Noom, Inc., 2Morrow Inc., Livongo Health, Proteus Digital Health, WellDoc, Inc., Fitbit, Inc., Omada Health, Inc., and MANGO HEALTH and among others.

The global digital therapeutics market is segmented into application, distribution channel, and geography. The digital therapeutics market is segmented into diabetes, cardiovascular disease, central nervous system disease, respiratory diseases, smoking cessation, musculoskeletal disease and others, by application. Based on the distribution channel, the market is classified as patients, providers, payers, and employers.

The report enables you to-

• Formulate significant competitor information, analysis, and insights to improve R&D strategies

• Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage

• Identify and understand important and diverse types of Digital Therapeutics under development

• Develop market entry and market expansion strategies

• Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline

• In-depth analysis of the product's current stage of development, territory and estimated launch date

The report analyzes factors affecting market from both demand and supply side and further evaluates digital therapeutics market dynamics effecting the digital therapeutics 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. The report also includes the profiles of key manufacturing companies along with their SWOT analysis and market strategies.

The objectives of this report is as follows:

- To provide overview of the global Digital Therapeutics market

- To analyze and forecast the global Digital Therapeutics market on the basis of component, connectivity network and application

- To provide 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 America (SAM), which is later sub-segmented by respective countries

- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend

- To provide exhaustive PEST analysis for all five regions

- To profile key Digital Therapeutics players influencing the market along with their SWOT analysis and market strategies

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