Press release
Global Digital Therapeutics Market in Neurology Application Segment is Expected to Grow at a GAGR of 19.5% Over the Next Eight Years, Owing to Factors Wherein, it Help Patients Suffering from Neurologic Diseases and Injuries to Improve Their Walking, says
A startup named MedRhythms is engaged in providing therapy services in which they use software, sensors and music to build evidence-based neurologic interventions to measure and also improve walking. The digital therapeutics company raised an oversubscribed Series A financing in the year 2018 to improve individual lives suffering from neurologic injuries and diseases. The unique approach is based on clinical research indicating music technically improves outcomes in neurologic rehabilitation. This happens when music globally engages the brain. Such a trend has benefitted digital therapeutics market in the recent past and is expected to follow the same trend over the forecast period.The company’s platform duly involves mobile application, wb application and sensor that can be connected to a patients’ shoes and can also collect clinical-grade data about the walking modulation. After the user’s baseline data collection, MedRhythms adds music to the equation. To improve the gait while walking, the patient listens to the music through headphones. The company’s algorithm is also capable of changing the music, so that the patient can improve their speed. In 2019, it has been reported that the company is working to gain FDA approval for stroke patients. Also, the company wants to duly gain their attention in areas such as Parkinson’s and multiple sclerosis. Another company named, The Learning Corp is engaged in associating digital therapeutics in enhancing brain rehabilitation. Constant Therapy helps in healing brain injury or cognitive or speech disorders. The therapy is an ongoing consistent effort for healing the brain. Generally from a consumer’s perspective, spending more time on a therapy means better results. Few people may also need months to recover, while some might need years. Thus, it is important that the patient has a continuous access to the exercises on a regular basis.
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“Advent of technology in digital therapeutics – The application of artificial intelligence in digital healthcare has exhibited results that are remarkable in nature. As the patient’s brain learn and grows, so does AI. It technically exposes institutions, patients, clinicians, and healthcare system to new ideas on a regular basis. The advancement of size in brain recovery has increased significantly in terms of both breadth and depth, thus assisting the global digital therapeutics market.”
The detailed research study provides qualitative and quantitative analysis of the global digital therapeutics market. The market has been analyzed from demand as well as supply side. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
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Some of the major players operating in the global digital therapeutics market are BLUE MESA HEALTH, CANARY HEALTH, Chrono Therapeutics Inc., Adherium, BigHealth, Diabetes Digital Media Ltd, Digital Therapeutics, Inc., Dthera Sciences, MANGO HEALTH, Merck & Co., Inc., Firstbeat, GINGER.IO, Glooko, Inc., Limbix , Livongo Health, Noom, Inc., Novartis AG, Omada Health, Inc., Proteus Digital Health, WellDoc, Inc.,Propeller Health among others.
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By Products
* Software
* Devices
By Application
* Cardiovascular Diseases
* Central Nervous System (CNS) Disease
* Diabetes
* Gastrointestinal Disorders (GID)
* Mental Health
* Neurology
* Obesity
* Ophthalmology
* Respiratory Diseases
* Smoking Cessation
* Others
By Distribution Channel
* Business to Business
* Business to Customer
By End User
* Patients
* Healthcare Providers
* Payers
* Employers
* Other (Fitness and Wellness Centers, Gym, Etc.)
By Geography
North America
* U.S.
* Canada
* Mexico
* Rest of North America
Europe
* France
* The UK
* Spain
* Germany
* Italy
* Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
* Benelux Union
- Belgium
- The Netherlands
- Luxembourg
* Rest of Europe
Asia Pacific
* China
* Japan
* India
* Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
* Rest of Southeast Asia
* Australia
* New Zealand
* South Korea
* Rest of Asia Pacific
Middle East & Africa
* Saudi Arabia
* UAE
* Egypt
* Kuwait
* South Africa
* Rest of Middle East & Africa
Latin America
* Brazil
* Argentina
* Rest of Latin America
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