Press release
Global Digital Biomarkers Market Applications, Regional scope, Demand and Growth by the End of 2030
The Digital Biomarkers Market is valued at around USD 2,430.00 million in 2022 and is expected to reach USD 13,966.16 million by 2030, registering a CAGR of 21.9% over the forecast period. A novel technique for gathering measurable physiological and behavioural data from gadgets like smartphones, tablets, wearable tech like Fitbits, and more is the use of digital biomarkers. Digital biomarkers are useful for monitoring, predicting, and advancing health.Additionally, it is anticipated that new product releases and FDA clearance, both of which will fuel market expansion, would result in a growth in the market for digital biomarkers. With the long-awaited approval, patients and their doctors will be able to learn more about their hearts, including how to recognise particular arrhythmias that act as early indicators of cardiovascular disease. The market expansion for digital biomarkers will be significantly accelerated by this trend.
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The market for healthcare firms is expected to grow over the projected period as a result of the increase in finance and investment activities to expedite research on digital biomarkers. Additionally, a number of health technology companies have contributed their digital biomarker technologies to help stop the Covid-19 outbreak; as a result of this investment, the market is expected to expand over the course of the projected period.
Key Players:
Philips, Johnson and Johnson, Pfizer, GE Healthcare, Novartis, Apple, Sanofi, GlaxoSmithKline, Bayer, Merck, Abbott Laboratories, Asahi Kasei, Biogen, Koneksa Health, Roche, Huma Therapeutics, and others.
Market Segmentation:
On the basis of component, the Digital Biomarkers Market is bifurcated into:
• Data collection tools- wearables, implantable, mobile apps
• Data integration software
• others
On the basis of application, the market is segmented into:
• gastrointestinal disease
• sleep and movement disorders
• cardiovascular diseases
• psychiatric disorders
• chronic pain
• neurodegenerative disease
• diabetes
• respiratory disease
• others
On the basis of type, the market segmented into:
• Clinical trials
• Clinical settings
• Others
On the basis of end-user, the market segmented into:
• Biopharmaceutical companies
• Payers
• Providers
• Others
Regional Analysis:
North America
Europe
Asia-Pacific
South America
MEA
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Key Points:
Define, describe and forecast Potentiometers product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Reasons to Purchase this Report:
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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