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U.S. Digital Therapeutics Market Updates : to Grow at a CAGR of 19.2% from 2020 to 2027

03-14-2024 07:50 AM CET | Health & Medicine

Press release from: Allied Market Research

U.S. Digital Therapeutics Market Updates : to Grow at a CAGR

According to a new report published by Allied Market Research, titled, "U.S. Digital Therapeutics Market by Application, Product, and Sales Channel: Opportunity Analysis and Industry Forecast, 2020-2027,"the U.S. digital therapeutics market was valued at $1.16 billion in 2019 and is expected to reach $5.08 billion by 2027 with a CAGR of 19.2% from 2020 to 2027. The diabetes segment accounted more than one-fifth of the total market share in 2019.

๐‘น๐’†๐’’๐’–๐’†๐’”๐’• ๐‘บ๐’‚๐’Ž๐’‘๐’๐’† ๐‘ช๐’๐’‘๐’š ๐’๐’‡ ๐‘น๐’†๐’‘๐’๐’“๐’•- https://www.alliedmarketresearch.com/request-sample/7066

๐‘ป๐’‰๐’† ๐’”๐’๐’‡๐’•๐’˜๐’‚๐’“๐’† ๐’”๐’†๐’ˆ๐’Ž๐’†๐’๐’• ๐’•๐’ ๐’Ž๐’‚๐’Š๐’๐’•๐’‚๐’Š๐’ ๐’Š๐’•๐’” ๐’…๐’๐’Ž๐’Š๐’๐’‚๐’๐’„๐’† ๐’ƒ๐’š 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.

๐‘ป๐’‰๐’† ๐’ƒ๐’–๐’”๐’Š๐’๐’†๐’”๐’” ๐’•๐’ ๐’ƒ๐’–๐’”๐’Š๐’๐’†๐’”๐’” ๐’”๐’†๐’ˆ๐’Ž๐’†๐’๐’• ๐’•๐’ ๐’„๐’๐’๐’•๐’Š๐’๐’–๐’† ๐’Š๐’•๐’” ๐’‰๐’Š๐’ˆ๐’‰๐’†๐’”๐’• ๐’„๐’๐’๐’•๐’“๐’Š๐’ƒ๐’–๐’•๐’Š๐’๐’ ๐’ƒ๐’š 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.

๐‘ป๐’‰๐’† ๐’…๐’Š๐’‚๐’ƒ๐’†๐’•๐’†๐’” ๐’”๐’†๐’ˆ๐’Ž๐’†๐’๐’• ๐’•๐’ ๐’Ž๐’‚๐’Š๐’๐’•๐’‚๐’Š๐’ ๐’Š๐’•๐’” ๐’…๐’๐’Ž๐’Š๐’๐’‚๐’๐’• ๐’‘๐’๐’”๐’Š๐’•๐’Š๐’๐’ ๐’•๐’‰๐’“๐’๐’–๐’ˆ๐’‰๐’๐’–๐’• ๐’•๐’‰๐’† ๐’‡๐’๐’“๐’†๐’„๐’‚๐’”๐’• ๐’‘๐’†๐’“๐’Š๐’๐’…

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.

๐…๐จ๐ซ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐š๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/7066

๐‘ณ๐’†๐’‚๐’…๐’Š๐’๐’ˆ ๐’Ž๐’‚๐’“๐’Œ๐’†๐’• ๐’‘๐’๐’‚๐’š๐’†๐’“๐’”
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.

๐‘ถ๐’–๐’“ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘น๐’†๐’”๐’†๐’‚๐’“๐’„๐’‰ ๐‘บ๐’๐’๐’–๐’•๐’Š๐’๐’ ๐‘ท๐’“๐’๐’—๐’Š๐’…๐’†๐’” ๐’€๐’๐’– ๐‘จ๐’๐’”๐’˜๐’†๐’“ ๐’•๐’ ๐‘ฉ๐’†๐’๐’๐’˜ ๐‘ด๐’†๐’๐’•๐’Š๐’๐’๐’†๐’… ๐‘ธ๐’–๐’†๐’”๐’•๐’Š๐’๐’:
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?

๐‘ฒ๐’๐’๐’˜ ๐‘ด๐’๐’“๐’†- https://www.alliedmarketresearch.com/us-digital-therapeutics-market-A06701

๐‘ถ๐’•๐’‰๐’†๐’“ ๐‘ป๐’“๐’†๐’๐’…๐’Š๐’๐’ˆ ๐‘น๐’†๐’‘๐’๐’“๐’•๐’” ๐’Š๐’ ๐‘ณ๐’Š๐’‡๐’† ๐‘บ๐’„๐’Š๐’†๐’๐’„๐’† ๐‘ซ๐’๐’Ž๐’‚๐’Š๐’
๐‘ช๐’๐’†๐’‚๐’๐’“๐’๐’๐’Ž ๐‘ช๐’๐’๐’”๐’–๐’Ž๐’‚๐’ƒ๐’๐’†๐’” ๐’Ž๐’‚๐’“๐’Œ๐’†๐’• https://www.alliedmarketresearch.com/cleanroom-consumables-market-A10926

๐‘ด๐’š๐’‚๐’”๐’•๐’‰๐’†๐’๐’Š๐’‚ ๐‘ฎ๐’“๐’‚๐’—๐’Š๐’” ๐‘ป๐’“๐’†๐’‚๐’•๐’Ž๐’†๐’๐’• ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• https://www.alliedmarketresearch.com/myasthenia-gravis-treatment-market-A11194

David Correa
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Web: https://www.alliedmarketresearch.com

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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