Leading Growth Driver in the Digital Therapeutics Market in 2025: Smartphone And Tablet Use Fuels Growth In The Digital Therapeutics Market Driver's Influence

What market dynamics are playing a key role in accelerating the growth of the digital therapeutics market?
The projected expansion of the digital therapeutics market is anticipated to be driven by the rising adoption of smartphones and tablets, in conjunction with healthcare applications. Healthcare apps on smartphones and tablets offer a plethora of benefits such as reducing medication errors, enabling preventative care and optimizing staffing accuracy. For example, the State of Mobile Internet Connectivity Report 2023 by the UK-based non-profit organization, Groupe Speciale Mobile Association (GSMA), noted that over half of the global population, which is approximately 54%, owned a smartphone in 2022. As such, the increasing utilization of smartphones is propelling the digital therapeutics market's growth.

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How will the growth rate of the digital therapeutics market shape industry trends by 2034?
In recent times, the market size for digital therapeutics has seen substantial growth. It is projected to expand from a value of $8.73 billion in 2024, to a size of $10.99 billion in 2025, indicating a compound annual growth rate (CAGR) of 25.9%. This surge during the historic period is largely due to factors such as an increasing elderly population and prevalence of chronic diseases, adoption of digital health practices, improvements in healthcare cost and efficiency, advancements in remote patient monitoring, and a spike in demand triggered by the pandemic.

It is projected that the digital therapeutics market will experience tremendous growth in the coming years, with an estimated value of $30.04 billion by 2029, at a compound annual growth rate (CAGR) of 28.6%. This anticipated growth during the forecast period can be linked to the rising adoption of customized medicine, interoperability of health data, value-oriented care models, heightened focus on mental health and well-being, accessibility and equality in healthcare, increasing cybersecurity and data protection, and the growing necessity for population health management. Key trends predicted for this period include the proliferation of IoT devices and sensors, the integration of artificial intelligence in healthcare, wearable health technologies, technological progress and product innovation.

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What trends are poised to drive the future success of the digital therapeutics market?
As a rising trend, technological innovation is making its way into the digital therapeutics market. Key players are aiming to spearhead in the market by pioneering advanced technological solutions for digital therapeutics. To underline, Boehringer Ingelheim, a pharmaceutical organization based in Germany, in collaboration with Click Pharmaceuticals, an American prescription digital therapeutics firm, have decided to work together on a digital schizophrenia medication valued at over $500 million. The medication, known as CT-155, will be facilitated through a mobile application built on Click's technology platform, per the company's announcement.

Which primary segments of the digital therapeutics market are driving growth and industry transformations?
The digital therapeutics market covered in this report is segmented -

1) By Product: Software, Devices
2) By Sales Channel: Business-To-Business (B2B), Business-To-Consumers (B2C)
3) By Application: Preventive Applications, Treatment Or Care-Related Applications

Subsegments:
1) By Software: Mobile Applications, Web-Based Platforms, Digital Therapeutics Software
2) By Devices: Wearable Devices, Biosensors, Digital Therapeutic Devices

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Which geographical regions are pioneering growth in the digital therapeutics market?
North America was the largest region in the digital therapeutics market in 2024. The Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital therapeutics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the influential players reshaping the digital therapeutics market landscape?
Major companies operating in the digital therapeutics market include Omada Health Inc., WellDoc Inc., 2Morrow Inc., Propeller Health, Pear Therapeutics, Canary Health Inc., Noom Health Inc., Akili Interactive Labs, Better Therapeutics, Happify Health, Kaia Health, Medtronic plc, Teladoc Health Inc., Fitbit Health Solutions, EMulate Therapeutics, BigHealth, DarioHealth, IQVIA, JOGO Health, SilverCloud Health, Biofourmis Inc., Prosoma, Virta Health Corp., One Drop Inc., Lark Health, Riva, Xealth, CogniFit Ltd.

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What Is Covered In The Digital Therapeutics Global Market Report?

•Market Size Forecast: Examine the digital therapeutics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the digital therapeutics market for a structured understanding.
•Key Players Overview: Analyze major players in the digital therapeutics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the digital therapeutics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the digital therapeutics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the digital therapeutics market.
•Industry Challenges: Identify potential risks and obstacles affecting the digital therapeutics market.
•Competitive Landscape: Review strategic developments in the digital therapeutics market, including expansions, agreements, and new product launches.

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