Press release
Global Digital Biomarkers Market to Reach $12.5 Billion by 2029, Growing at 26.1% CAGR
Digital Biomarkers
The growing prevalence of chronic diseases is also expected to boost the digital biomarkers market. Chronic diseases, which typically progress slowly and persist for long periods, are more common in aging populations and those with poor lifestyle habits. Digital biomarkers are used to monitor health metrics and disease progression in real time, enabling more personalized and timely interventions. For example, the Centers for Disease Control and Prevention (CDC) reported that in 2022, heart disease and cancer led to 695,547 deaths, up from 605,213 in 2021. As such, the growing prevalence of chronic diseases is expected to accelerate the growth of the digital biomarkers market.
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How will the growth rate of the digital biomarkers market shape industry trends by 2034?
The digital biomarkers market has grown exponentially, forecasted to rise from $3.92 billion in 2024 to $4.96 billion in 2025 at a CAGR of 26.3%. Growth has been fueled by the expansion of mobile health applications, early adoption in clinical trials, a rising prevalence of chronic diseases, increased consumer interest in fitness and wellness, and the ongoing digitization of healthcare.
The digital biomarkers market is projected to expand exponentially, reaching $12.52 billion by 2029 at a CAGR of 26.1%. Growth drivers include increased adoption by healthcare providers, a rising incidence of chronic diseases, growing consumer awareness, and heightened interest in fitness and lifestyle monitoring. Notable trends for this period include advancements in wearable technology, AI integration, strategic collaborations and partnerships, expansion into emerging markets, and seamless integration with electronic health records.
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What trends are poised to drive the future success of the digital biomarkers market?
In the digital biomarker market, companies are adopting strategic partnerships to expand their offerings and service reach. In September 2023, ProofPilot partnered with Eli Lilly and Company to integrate Lilly's Magnol.AI platform into ProofPilot's clinical trial automation suite. This collaboration enhances digital health research by providing real-time data science capabilities for digital biomarkers and pre-competitive biomedical studies.
Which primary segments of the digital biomarkers market are driving growth and industry transformations?
The digital biomarkersmarket covered in this report is segmented -
1) By Type: Wearable, Mobile Based Applications, Sensors, Other Types
2) By Clinical Practice: Diagnostic Digital Biomarkers, Monitoring Digital Biomarkers, Predictive And Prognostic Digital Biomarkers, Other Clinical Practices
3) By Application: Oncology, Metabolic Disease, Neurological Disease, Cardiac Disease, Other Applications
4) By End User: Healthcare Companies, Healthcare Providers, Payers, Other End Users
Subsegments:
1) By Wearable: Smartwatches, Fitness Trackers, Wearable ECG Monitors, Continuous Glucose Monitors
2) By Mobile Based Applications: Health Monitoring Apps, Digital Therapeutics Apps, Symptom Tracking Apps, Remote Patient Monitoring Apps
3) By Sensors: Biosensors, Motion Sensors, Environmental Sensors, Implantable Sensors
4) By Other Types: Voice Biomarkers, Digital Imaging Biomarkers, Behavioral Biomarkers, Telemedicine Tools
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Which geographical regions are pioneering growth in the digital biomarkers market?
North America was the largest region in the digital biomarkers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital biomarkers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the digital biomarkers market landscape?
Major companies operating in the digital biomarkers market are 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
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What Is Covered In The Digital Biomarkers Global Market Report?
•Market Size Forecast: Examine the digital biomarkers market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the digital biomarkers market for a structured understanding.
•Key Players Overview: Analyze major players in the digital biomarkers market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the digital biomarkers market.
•Segment Contributions: Evaluate how different segments drive overall growth in the digital biomarkers market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the digital biomarkers market.
•Industry Challenges: Identify potential risks and obstacles affecting the digital biomarkers market.
•Competitive Landscape: Review strategic developments in the digital biomarkers market, including expansions, agreements, and new product launches.
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