Press release
Psychiatric Digital Biomarkers Market Accelerating Mental Health Innovation with AI and Telehealth Integration
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Psychiatric Digital Biomarkers Market"-, By Type (Wearable, Mobile based Applications, Sensors) Clinical Practice (Diagnostic Psychiatric Digital Biomarkers, Monitoring Psychiatric Digital Biomarkers, Predictive and Prognostic Psychiatric Digital Biomarkers), End Use (Healthcare companies, Healthcare Providers, Payers), Industry Trends, and Global Forecasts, 2024-2031 And Segment Revenue and Forecast To 2031."The Psychiatric Digital Biomarkers Market is estimated to reach over USD 2,879.7 Mn by 2031, exhibiting a CAGR of 24.7% during the forecast period.
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Psychiatric digital biomarkers are measurable indicators derived from the continuous monitoring and analysis of physiological and behavioral data collected through digital platforms, including smartphones, wearable devices, and other connected technologies.
These biomarkers provide objective and quantifiable insights that enhance the diagnosis, monitoring, and prognosis of various psychiatric and neurodegenerative disorders. By utilizing advanced data analytics and machine learning methodologies, these technologies enable the detection of behavioral and physiological patterns associated with specific mental health conditions.
For example, artificial intelligence-driven voice analysis has shown significant potential in evaluating cognitive function among individuals affected by trauma, while dynamic tracking of biomarker variations aids in the clinical management of disorders such as Alzheimer's disease, Parkinson's disease, frontotemporal dementia, depression, and schizophrenia.
Additionally, analyzing user interactions with digital interfaces-such as touchscreen gestures, typing patterns, and speech input-offers valuable information on motor and speech functions, particularly in patients with Alzheimer's disease, contributing to a more comprehensive understanding of neurological health.
In a notable development, researchers at DTU Health Tech introduced a novel voice-based diagnostic approach in March 2022 to detect mood variations and support the identification of bipolar disorder. The study highlighted that customized algorithmic models delivered the highest accuracy in diagnostic performance, underscoring the value of personalization in digital biomarker analysis.
List of Prominent Players in the Psychiatric Digital Biomarkers Market:
• Koneksa
• Biogen Inc.
• BioSensics
• Empatica Inc.
• Vivo Sense
• IXICO plc
• Huma
• kintsugi health
• Sonde Health, Inc.
• Clario
• icometrix
• iMediSync
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Market Dynamics
Drivers:
The rising incidence of mental health disorders such as depression, anxiety, and bipolar disorder is a key factor driving the demand for advanced diagnostic and monitoring technologies designed to enhance patient care and treatment outcomes. Continuous advancements in wearable technologies, mobile health applications, biosensors, and data analytics have improved the precision, accessibility, and scalability of digital biomarkers, reinforcing their value in psychiatric disorder management. Furthermore, growing public awareness of mental health issues and the expanding acceptance of digital healthcare solutions among patients and practitioners have accelerated the integration of psychiatric digital biomarkers into clinical practice.
Challenges:
Data privacy and security remain major challenges in the psychiatric digital biomarkers market. The collection and analysis of sensitive patient information require strict adherence to global data protection and privacy standards, including the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA). Ensuring compliance with these frameworks is vital to safeguarding patient trust, reducing legal exposure, and preventing cybersecurity breaches.
Regional Trends:
North America is projected to retain a dominant position in the psychiatric digital biomarkers market, supported by a mature regulatory framework that facilitates the approval and implementation of digital health innovations. The region's strong telehealth infrastructure and widespread adoption of connected healthcare technologies further stimulate market growth. Conversely, the Asia-Pacific region is expected to witness substantial expansion, fueled by rapid digital transformation, increasing healthcare investments, and a growing focus on technology-driven mental health solutions across emerging economies.
Recent Developments:
• In July 2024, have decided to work together on a cutting-edge mental health treatment program. Sonde Health will evaluate users' mental health daily using its clinically recognized Mental Fitness vocal biomarker technology. In the meantime, the biggest telecom provider in South Korea, KT Corporation, will provide the necessary services and infrastructure to support users in enhancing their mental well-being.
• In May 2023, iMediSync, Mila announced a collaboration with iMediSync, a company whose goal is to transform mental health with the application of artificial intelligence (AI) and a data-driven methodology. iMediSync is a global digital mental health firm with headquarters in Korea that specializes on near-infrared light emitting diodes (NIR-LED)-based precision digital treatments and brainwave-centered diagnostics for early screening and prediction of various brain illnesses.
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Segmentation of Psychiatric Digital Biomarkers Market.
Global Psychiatric Digital Biomarkers Market - By Type
• Wearable
• Mobile based Applications
• Sensors
• Others
Global Psychiatric Digital Biomarkers Market - Clinical Practice
• Diagnostic Psychiatric Digital Biomarkers
• Monitoring Psychiatric Digital Biomarkers
• Predictive and Prognostic Psychiatric Digital Biomarkers
• Other's
Global Psychiatric Digital Biomarkers Market - End Use
• Healthcare companies
• Healthcare Providers
• Payers
• Others
Global Psychiatric Digital Biomarkers Market - By Region
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
View Overview Report: https://www.insightaceanalytic.com/report/psychiatric-digital-biomarkers-market/2637
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: https://www.insightaceanalytic.com/
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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