Digital Therapeutics: Critical Driver Shaping the Smartphone And Tablet Use Fuels Growth In The Digital Therapeutics Market Market in 2025

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Digital Therapeutics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for digital therapeutics has seen exponential growth in the past few years. Its expansion from a size of $8.73 billion in 2024 to an estimated $10.93 billion in 2025, at a Compound Annual Growth Rate (CAGR) of 25.2%, demonstrates this. Several factors have contributed to growth in the historic period, such as the increasing aging population and rise in chronic diseases, adoption of digital health innovations, improved efficiency and reduction in healthcare costs, implementation of remote patient monitoring, and enhanced demand triggered by the pandemic.

Digital Therapeutics Market Size Forecast: What's the Projected Valuation by 2029?
The digital therapeutics market is predicted to experience significant expansion in the upcoming years, with an estimated value of $29.56 billion in 2029 and a compound annual growth rate (CAGR) of 28.2%. The expansion during the forecast period is anticipated due to increasing utilization of personalized medicine, interoperability of health data, value-based care models and a rising focus on mental health and well-being. Greater healthcare accessibility and equity, enhanced data security, and increased demand for population health management also contribute to this growth. The forecast period is expected to witness major trends such as the proliferation of IoT devices and sensors, application of Artificial Intelligence in healthcare, the rise of wearable health technology, and advancements in technology and product innovation.

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What Are the Drivers Transforming the Digital Therapeutics Market?
The ongoing surge in the usage of smartphones and tablets, along with various healthcare apps, is predicted to accelerate the expansion of the digital therapeutics market in the coming years. The numerous benefits offered by smartphone and tablet-based healthcare apps, such as reduced medication errors, promotion of preventive care, and improved staffing accuracy, give them an edge. For instance, the State of Mobile Internet Connectivity Report 2023 by the UK's non-profit organization, Groupe Speciale Mobile Association (GSMA) suggested that in 2022, over half of the global population (54%) owned a smartphone. Consequently, the rising prevalence of smartphone usage is significantly contributing to the growth trajectory of the digital therapeutics market.

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What Are the Key Trends Driving Digital Therapeutics Market Growth?
The trend of technological innovation is becoming increasingly prominent within the digital therapeutics market. Leading businesses within this sector are focusing their efforts on creating advanced technological solutions for digital therapeutics in order to solidify their market standing. For example, Boehringer Ingelheim, a pharmaceutical firm originating from Germany, and Click Pharmaceuticals, a prescription digital therapeutics firm based in the US, have decided to join forces to create and market a digital schizophrenia medication valued over $500 million. This medication, referred to as CT-155, will take the form of a mobile application built using Click's technological platform, as reported by the company.

Which Segments in the Digital Therapeutics Market Offer the Most Profit Potential?
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 Firms Dominate the Digital Therapeutics Market by Market Share and Revenue in 2025?
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.

Which Regions Offer the Highest Growth Potential 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.

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