Press release
2MORROW, and Fitbit are Key Players in the Global U.S. Digital Therapeutics Market
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.πΉππππππ πΊπππππ πͺπππ ππ πΉπππππ-https://www.alliedmarketresearch.com/request-sample/A06701
The growth of the U.S. digital therapeutics market is propelled by increased adoption of tablets, smartphones, and smart wearables, coupled with the use of healthcare apps. Additionally, there is a surge in the need to mitigate healthcare costs, driving the demand for technologically advanced healthcare products and applications. However, market growth is hindered by concerns regarding data privacy and the absence of adequate reimbursement policies. Nevertheless, supportive laws and regulations for digital health technologies, along with increased investments from market players, present new opportunities for growth in the upcoming years.
In 2019, the diabetes segment captured the largest market share in the U.S. digital therapeutics market, representing over one-fourth of the total market share, and is projected to sustain its leading position in the forecast period. This dominance is driven by the widespread prevalence of diabetes and the availability of cost-effective treatment options. Conversely, the obesity segment is anticipated to experience the highest compound annual growth rate (CAGR) of 22.1% from 2020 to 2027. This growth is attributed to the increasing number of overweight individuals and the convenient accessibility of digital therapeutics software applications, which aid patients in maintaining proper diets and tracking physical activities.
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Software is expected to be one of the most lucrative segments, registering a CAGR of 20.3% during the forecast period.
The business-to-business (B2B) segment accounted for maximum share in the U.S. digital therapeutics market in 2019, and is expected to grow at a CAGR of 18.8% during the forecast period.
Based on business-to-consumers (B2C) segment, the patients segment is expected to project with the highest CAGR throughout the forecast period.
By application, the diabetes segment generates the largest revenue in 2019, and is anticipated to continue this trend during the forecast period.
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This report provides a detailed quantitative analysis of the current U.S. digital therapeutics market trends and forecast estimations from 2020 to 2027, which assists to identify the prevailing market opportunities.
An in-depth market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate country-specific plans.
A comprehensive analysis of factors that drive and restrain growth of the market is provided.
Country-wise market conditions are comprehensively analyzed in this report.
The projections in this report are made by analyzing the current trends and future market potential from 2020 to 2027, in terms of value.
An extensive analysis of the market provides insights that are expected to allow companies to strategically plan their business moves.
Key market players within the U.S. digital therapeutics market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of the market.
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FITBIT, INC. (TWINE HEALTH, INC.)
LIVONGO HEALTH, INC.
OMADA HEALTH, INC.
MEDTRONIC PLC.
RESMED, INC. (PROPELLER HEALTH)
VOLUNTIS, INC.
PROTEUS DIGITAL HEALTH, INC.
2MORROW, INC.
WELLDOC, INC.
PEAR THERAPEUTICS, INC.
πΆππ π΄πππππ πΉπππππππ πΊπππππππ π·πππππ ππ πππ π¨πππππ ππ π©ππππ π΄ππππππππ πΈπππππππ:
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?
π²πππ π΄πππ- https://www.alliedmarketresearch.com/us-digital-therapeutics-market-A06701
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πΊππππππππ π΄ππ ππππ πͺπππππ π΄πππππ https://www.alliedmarketresearch.com/specialty-medical-chairs-market-A11457
πΊπππππππππ π»ππππππππ π΄πππππ https://www.alliedmarketresearch.com/sarcopenia-treatment-market-A10526
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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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