Press release
U.S. Digital Therapeutics Market- Opportunity Analysis and Industry Analysis : to Surpass USD 5.08 Billion by 2027
Allied Market Research published a report, titled, "U.S. Digital Therapeutics Market by Application (Diabetes, Obesity, Cardiovascular Disease (CVD), Central Nervous System (CNS) Disease, Respiratory Disease, Smoking Cessation, Gastrointestinal Disorder (GID), and Others), Product (Software and Device), and Sales Channel (Business-to-Business(B2B), Business-to-Consumer (B2C)): Opportunity Analysis and Industry Forecast, 2020-2027."According to the report, the U.S. digital therapeutics industry generated $1.16 billion in 2019, and is estimated to generate $5.08 billion by 2027, growing at a CAGR of 19.2% from 2020 to 2027.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ- https://www.alliedmarketresearch.com/request-sample/7066
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ, ๐ซ๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ, ๐๐ง๐ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
The U.S. digital therapeutics market is experiencing growth propelled by increased usage of tablets, smartphones, and smart wearables, coupled with the widespread adoption of healthcare apps. The rising demand to mitigate healthcare costs and the acceptance of technologically advanced healthcare products and applications further contribute to this upward trend. Nevertheless, challenges such as data privacy apprehensions and inadequate reimbursement policies act as impediments to market expansion. Conversely, the presence of supportive laws and regulations for digital health technologies, along with a surge in investments from market players, presents promising opportunities for future growth.
๐๐๐๐๐-19 ๐๐๐๐ง๐๐ซ๐ข๐จ
The Covid-19 pandemic has heightened awareness of digital health, driven by the desire to minimize infection risks through reduced physical clinic visits and an increased prevalence of mental health issues.
Digital therapeutics, championed by both startups and established industry players, are now addressing conditions like Type 2 diabetes, addiction, autism, and musculoskeletal injuries through methods such as video consultations, the release of instructional videos and blogs on their websites, and the dissemination of healthcare programs via apps.
With remote receipt of medications and treatments, individuals are increasingly turning to online channels to order necessary medications and medical devices.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/7066
๐๐ก๐ ๐ฌ๐จ๐๐ญ๐ฐ๐๐ซ๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐๐ฒ 2027
In 2019, the software segment played a pivotal role, constituting over two-thirds of the U.S. digital therapeutics market. It is projected to sustain its dominance in revenue share through 2027, with an anticipated highest Compound Annual Growth Rate (CAGR) of 20.3% during the forecast period. This remarkable growth is driven by the growing demand for cost-effective healthcare solutions and the presence of innovative software and apps with advanced features designed to assist individuals in maintaining good health and accessing appropriate treatment. The study also delves into the analysis of the devices segment.
๐๐ก๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ญ๐จ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ ๐ข๐ญ๐ฌ ๐ก๐ข๐ ๐ก๐๐ฌ๐ญ ๐๐จ๐ง๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ฒ 2027
In 2019, the business-to-business segment played a significant role, accounting for nearly two-thirds of the U.S. digital therapeutics market, and this dominance is expected to persist throughout the forecast period. The sustained contribution can be attributed to the increasing number of industry players offering favorable reimbursement policies to employees through their employers in the U.S. On the other hand, the business-to-consumer segment is anticipated to exhibit the highest Compound Annual Growth Rate (CAGR) of 19.8% from 2020 to 2027. This growth is driven by the ease of accessibility and availability of software and smart devices, coupled with a rising demand for digital therapeutic products among both patients and caregivers.
๐๐ก๐ ๐๐ข๐๐๐๐ญ๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
In 2019, the diabetes segment emerged as the leading application, capturing over one-fourth of the U.S. digital therapeutics market, and it is anticipated to sustain this dominant position in the forecast period. This prevalence is linked to the widespread occurrence of diabetes and the availability of cost-effective treatment alternatives. Conversely, the obesity segment is poised to experience the most rapid Compound Annual Growth Rate (CAGR) of 22.1% from 2020 to 2027. This growth is driven by the increasing number of overweight individuals and the convenient accessibility of digital therapeutics software applications aimed at assisting patients in maintaining proper diets and monitoring physical activities.
๐๐๐๐๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ
2MORROW, Inc.
Fitbit, Inc. (Twine Health, Inc.)
Livongo Health, Inc.
Medtronic Plc.
Omada Health, Inc.
Pear Therapeutics, Inc.
Proteus Digital Health, Inc.
Resmed, Inc. (Propeller Health)
Voluntis, Inc.
Welldoc, Inc.
๐๐ฎ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐ฏ๐ข๐๐๐ฌ ๐๐จ๐ฎ ๐๐ง๐ฌ๐ฐ๐๐ซ ๐ญ๐จ ๐๐๐ฅ๐จ๐ฐ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง:
Which are the driving factors responsible for the growth of market?
Which are the roadblock factors of this market?
What are the new opportunities, by which market will grow in coming years?
What are the trends of this market?
Which are main factors responsible for new product launch?
How big is the global & regional market in terms of revenue, sales and production?
How far will the market grow in forecast period in terms of revenue, sales and production?
Which region is dominating the global market and what are the market shares of each region in the overall market in 2019?
How will each segment grow over the forecast period and how much revenue will these segments account for in 2027?
Which region has more opportunities?
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ https://www.alliedmarketresearch.com/us-digital-therapeutics-market-A06701
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐๐ข๐๐ ๐๐๐ข๐๐ง๐๐ ๐๐จ๐ฆ๐๐ข๐ง
๐๐ฒ๐ฌ๐ฉ๐ก๐๐ ๐ข๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/dysphagia-supplement-market-A109152
๐๐ฅ๐จ๐ฏ๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/gloves-market-A08867
David Correa
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Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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