Press release
Digital Therapeutics Market Impact of drivers and challenges is expected to reach US$ 8,941.1 Mn by 2025 from US$ 1,993.2 Mn in 2017 with Propeller Health, CANARY HEALTH, Noom, 2Morrow, Livongo Health, Proteus Digital Health, WellDoc, Fitbit, Omada Health
Digital Therapeutics Market
Digital therapeutics provide evidence-based therapeutic intrusions to patients that focusses on the treatment of diseases with the programs, management using the high quality software. Digital therapeutics have made progress in the last few years, harnessing technology for the supplement or potentially replace traditional clinical therapy. They are used independently or in concert with devices, medications, or other therapies for the optimization of patient care and health outcomes. The report would be of an interest to various stakeholders operating in the digital therapeutics. These stakeholders include healthcare institutes, medical therapeutics manufactures and suppliers, academic & research institutes, digital machine manufacturers and vendors, distributors and others.
The global digital therapeutics market is expected to reach US$ 8,941.1 Mn by 2025 from US$ 1,993.2 Mn in 2017. The market is estimated to grow with a CAGR of 20.8% during the forecast period from 2018 to 2025.
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The List of Companies
1. Propeller Health
2. CANARY HEALTH
3. Noom, Inc.
4. 2Morrow Inc.
5. Livongo Health
6. Proteus Digital Health
7. WellDoc, Inc.
8. Fitbit, Inc.
9. Omada Health, Inc.
10. MANGO HEALTH
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 Digital Therapeutics Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2025, considering 2019 as the base year and 2019 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions.
The objective of the study is to describe, define, and forecast the digital therapeutics market by application, distribution channel, and region. The report also provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall Digital Therapeutics market.
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.
Key questions answered in the report include
• What will the market size and the growth rate be in 2025?
• What are the key factors driving the global Digital Therapeutics market?
• What are the key market trends impacting the growth of the Digital Therapeutics market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
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Major Factors about the Report:
• Global Digital Therapeutics Market Overview
• Economic Impact on Market
• Market Competition
• Global Digital Therapeutics Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Market Effect, Factors, Analysis
• Global Market Forecast
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