Press release
Digital Biomarkers Market Size, Share, Trends, Growth And Forecast To 2033
Digital Biomarkers Market Size
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=19397&type=smp
According to The Business Research Company's, The digital biomarkers market size has grown exponentially in recent years. It will grow from $3.11 billion in 2023 to $3.92 billion in 2024 at a compound annual growth rate (CAGR) of 26%. The growth in the historic period can be attributed to the growth of mobile health applications, early adoption in clinical trials, the rising prevalence of chronic diseases, consumer interest in fitness and wellness, and growing healthcare digitization.
The digital biomarkers market size is expected to see exponential growth in the next few years. It will grow to $9.94 billion in 2028 at a compound annual growth rate (CAGR) of 26.2%. The growth in the forecast period can be attributed to increasing adoption by healthcare providers, rising prevalence of chronic diseases, increasing consumer awareness, growing consumer interest for fitness and lifestyle monitoring. Major trends in the forecast period include advancements in wearable technology, integration with artificial intelligence, collaborations and partnerships, expansion in emerging markets, integration with electronic health records.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/digital-biomarkers-global-market-report
Market Drivers and Trends:
The higher prevalence of chronic diseases is expected to propel the growth of the digital biomarkers market going forward. Chronic diseases are long-term health conditions that typically progress slowly and last for an extended period, often for life. The incidence of chronic diseases with age-related chronic conditions such as osteoarthritis, Alzheimer's disease, and heart disease, along with high consumption of processed foods and reduced physical activity, increase the risk of chronic diseases. Digital biomarkers are used in chronic diseases to monitor health metrics and disease progression in real time, enabling more personalized and timely interventions. For instance, in May 2023, according to reports published by the Centers for Disease Control and Prevention (CDC.gov)., a US-based government organization, heart disease and cancer deaths totaled 6,95,547 in 2022, which is an increase from the previous year compared with 6,05,213 in 2021. Therefore, the higher prevalence of chronic diseases will propel the growth of the digital biomarker market.
Major companies operating in the digital biomarker market are adopting a strategic partnership approach to expand their reach and enhance their service offerings. A strategic partnership typically refers to a collaborative relationship between two or more organizations where they combine their resources, expertise, and efforts to achieve common goals or objectives. For instance, in September 2023, ProofPilot, a US-based clinical trial automation provider, formed a strategic partnership with Eli Lilly and Company, a US-based pharmaceutical company, to integrate Lilly's innovative, patent-pending sensor cloud platform, Magnol.AI, into ProofPilot's technology suite. Magnol.AI is a cutting-edge platform designed to manage high-frequency sensor data with exceptional security and ease. This collaboration aims to enhance the execution of high-quality digital health research, accelerating pre-competitive biomedical studies. This integration allows researchers to utilize real-time data science capabilities and gain deep insights from sensor data, aligning with clinician and patient-reported outcomes to advance digital health and biomarker research.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Pfizer Inc., Bayer AG, F Hoffmann-La Roche Ltd., Eli Lilly and Company, Koninklijke Philips NV (Philips), GE Healthcare, Biogen Inc., Garmin Ltd., Clario, Verily Life Sciences LLC, Altoida Inc., BioSerenity, Oura Health Oy., Evidation Health Inc., AliveCor Inc., Empatica Inc., ActiGraph LLC, VivoSense Inc., BioSensics LLC, Koneksa Health Inc., ATCOR Medical Pty Ltd., Brainomix Limited
Digital Biomarkers Market 2024 Key Insights:
• The digital biomarkers market size is expected to see exponential growth in the next few years. It will grow to $9.94 billion in 2028 at a compound annual growth rate (CAGR) of 26.2%.
• Rising Chronic Disease Rates To Drive Growth In The Digital Biomarkers Market
• Cloud-Based Platform Revolutionizing Digital Biomarkers For Remote Studies And Digital Health Research
• North America was the largest region in the digital biomarkers market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/customise?id=19397&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Digital Biomarkers Market Size, Share, Trends, Growth And Forecast To 2033 here
News-ID: 3788932 • Views: …
More Releases from The Business research company
Analysis of Key Market Segments Driving the Rocket Propulsion Market
The rocket propulsion industry is on the brink of significant expansion as demand for advanced propulsion technologies continues to rise. Innovations and increasing commercialization in space missions are driving this market forward, promising substantial growth and dynamic changes in the years to come. Let's explore the market's projected size, key players, emerging trends, and segment-wise outlook to better understand this evolving sector.
Projected Market Size and Growth Outlook for Rocket Propulsion…
Market Trend Analysis: The Impact of Recent Advances on the Rocket Autonomous Na …
The rocket autonomous navigation market is positioned for significant expansion in the coming years, driven by technological innovations and increasing demand for precision in space missions. As the space industry evolves, the need for advanced autonomous navigation systems becomes more critical to support next-generation rockets and mission objectives. Below is an overview of the market's size, key players, growth drivers, trends, and segmentation.
Market Size Outlook and Future Expansion of the…
Global Trends Overview: The Rapid Evolution of the Rocket Materials Recycling Ma …
The rocket materials recycling market is poised for significant expansion as the aerospace industry increasingly adopts sustainable and efficient practices. With innovations in recycling technology and growing demand for reusable rocket components, this sector is set to play a vital role in the future of space exploration and commercial launch activities. Let's explore the market's size projections, driving forces, leading players, and industry trends shaping its trajectory through 2030.
Forecasted Market…
Road Construction Services Market Overview, Key Trends, and Top Player Analysis
The road construction services market is positioned for significant expansion as global infrastructure demands continue to rise. Driven by innovations in technology and sustainable practices, the sector promises considerable growth and evolving opportunities over the next decade. Let's explore the market's projected size, key players, emerging trends, and detailed segments shaping its future.
Projected Market Value and Expansion of the Road Construction Services Market
The global road construction services market is…
More Releases for Digital
Digital luxury brands Market Is Booming Worldwide | Major Giants Balenciaga Digi …
HTF MI recently introduced Global Digital luxury brands Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2033). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence.
Major companies in Digital luxury brands Market are:
Balenciaga Digital, Louis Vuitton Digital, Gucci Digital, Dolce & Gabbana DGFamily, Prada Virtual,…
Introducing Digital Sales Pro, Inc: Revolutionizing Digital Sales in the Digital …
Digital Sales Pro, Inc. is a company that helps content creators and publishers make money from content and reach a larger audience with their craft.
In today's world, it can be tough for content creators and publishers to make money and connect with their audience.
At, Digital Sales Pro, Inc. we understand these challenges and have created a suite of solutions that help our clients build a strong online presence, monetize…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
Introduction
The healthcare industry has seen significant growth and development over the years, with technology playing a critical role in transforming patient care. One such innovative technology that has emerged in recent years is the Global Digital Twin in Healthcare Market. This technology allows healthcare professionals to create a virtual replica of a patient's physical self, enabling them to monitor and analyze patient data in real-time. The Global Digital Twin in…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
In 2021, the market for Digital Twin in Healthcare worldwide was worth $6.75 billion US dollars. AMR Group projects that the market will reach US$ 96.5 billion by 2031, growing at a CAGR of 40 percent between 2022 and 2031.
Industry Overview
Digital twins are virtual copies of physical objects or things that data scientist & IT professionals can use to compute simulations prior to developing and deploying the original devices. Digital…
Digital Therapeutics Market, Digital Therapeutics Market Size, Digital Therapeut …
The global digital therapeutics market is expected to reach US$ 8,941.1 Mn by 2025 from US$ 1,993.2 Mn in 2017. The market is estimated to grow with a CAGR of 20.8% during the forecast period from 2018 to 2025.
North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant…
Digital Display Market Future Growth with Worldwide Players (Digital Virgo, Digi …
Digital Display Industry 2019 Global Market 2025 research report represents the historical overview of current Market situation, size, share, trends, growth, supply, outlook and manufacturers with detailed analysis. It also focuses on Digital Display volume and value at global level, regional level and company level. From a global perspective, this report represents overall Digital Display market size by analyzing historical data and future prospect.
Get Sample Copy of this Report -…
