Digital Therapeutics Market Is Forecasted To Reach A Remarkable Growth Of USD 20.0 Billion By 2029

Digital Therapeutics market report delivers a detailed study with present and upcoming opportunities to simplify future investment in the market. With a formalized and managerial approach, marketing research has been performed in this Digital Therapeutics report to offer the best solution. These problems are from different functional areas of marketing and include consumer behaviour, product, sales, distribution channel, pricing, ad and physical distribution. Moreover, this Digital Therapeutics market report also makes available strategic profiling of key players in the Digital Therapeutics industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

A meticulous analysis of factors influencing the investment is also provided which forecasts impending opportunities for the businesses and develops the strategies to boost return on investment (ROI). The complete knowledge and info covered in the report is based on latest industry news, opportunities, and trends. The Digital Therapeutics report contains a list of leading competitors, strategic industry analysis and the insights of key factors influencing the Digital Therapeutics industry.

Data Bridge Market Research analyses a growth rate in the global digital therapeutics market in the forecast period 2022-2029. The expected CAGR of global digital therapeutics market is tend to be around 21.54% in the mentioned forecast period. The market was valued at USD 4.20 billion in 2021, and it would grow upto USD 20.0 billion by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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The high incidence of chronic diseases along with rising demand for controlled healthcare facilities and treatment costs has boosted the demand for digital therapeutics. For instance, cardiovascular disease (CVD) is leading to the death of 17.3 million people per year, and this is expected to cross 23.6 million by 2022.

A strong line of potential products that are expected to be launched during the forecast period also provide emerging opportunities in the future. For instance, potential products of pear therapeutics, clinical therapeutics products in phase III are Pear-011 (anxiety GAD), Pear-015 (depression MDD) which are used in the treatment of chronic insomnia and depression and CT-152 (major depressive disorder), CT-155 (schizophrenia) are used in the treatment of schizophrenia and depression.

Some key players mentioned in the report are:

Omada Health, Inc. (U.S.)
ResMed (U.S.)
Pear Therapeutics, Inc. (U.S.)
Solera Network (U.S.)
Akili Interactive Labs, Inc. (U.S.)
Better Therapeutics, LLC (U.S.)
Biofourmis (U.S.)
Click Therapeutics, Inc. (U.S.)
Naturalcycles Nordic AB (Sweden)
NuvoAir AB (Sweden)
Welldoc's Bluestar (U.S.)
Happify, Inc. (U.S.)
Limbix Health, Inc. (U.S.)
Voluntis (U.S.)
Xealth (U.S.)
Key Market Segmentation

Product Type

Software
Devices
Sales Channel

B2C
B2B
Application

Preventive Applications
Treatment/Care-related Applications
Key Regions and Countries Studied in this Report:

North America dominates the market due to rising focus on improvement and advancement of healthcare technologies. Asia-Pacific region have highest growth due to the increased investment in healthcare infrastructure alongwith rising prevalence of chronic diseases.

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