MarkNtel Advisors Insights: Digital Therapeutics market to Grow 20% from 2024-2030
According to a recent comprehensive by
MarkNtel Advisors Digital Therapeutics Market research report, the Digital Therapeutics
market is set for significant growth, driven by factors such as market size,
share, and evolving trends.
This detailed report offers crucial insights into the market, covering key aspects such as market segmentation and definitions. It outlines the main drivers of growth and provides a clear forecast of the industry’s future direction. Additionally, the study provides a thorough overview of the competitive landscape, detailing recent developments and regional distribution across major areas. An expert competitor analysis delivers an in-depth understanding of market dynamics, offering strategic recommendations for businesses and investors.
With its robust analysis and
forward-looking projections, this report is an essential resource for
stakeholders aiming to leverage emerging opportunities and address potential
challenges in the Digital Therapeutics market.
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Digital Therapeutics Market
(2024-2030): Analysis and Growth
The Global Digital Therapeutics Market
is estimated to grow at a CAGR of around 20% during the forecast period, i.e.,
2024-30.
What are the key drivers fueling growth
in the Digital Therapeutics market from 2024-2030?
Increasing Prevalence of Preventable Chronic
Diseases to Infuse the Market Growth – There has been a significant prevalence
of preventable chronic diseases, such as diabetes, cardiovascular diseases
(CVDs), etc., across the globe. For instance, as per the International Diabetes
Federation (IDF), worldwide, approximately 537 million adults aged between
20-79 years were living with diabetes in 2021. Further, the total number of
patients with diabetes is projected to rise to 643 million by 2030 & 783
million by 2045.
Digital therapeutics assist patients to
effectively manage diabetes by offering personalized management strategies,
including blood glucose tracking & medication reminders. As a result, the
demand for diabetes-based digital therapeutics, such as BlueStar by WellDoc,
Livongo Diabetes Program, etc. has increased. This has further propelled the
overall Digital Therapeutics Market.
Digital Therapeutics Market :
Segmentation Analysis
-By Product
-Software- Market Size & Forecast 2019-2030, USD Million
-Hardware- Market Size & Forecast 2019-2030, USD Million
-By Application
-Preventive- Market Size & Forecast 2019-2030, USD Million
-Pre-Diabetes- Market Size & Forecast 2019-2030, USD Million
-Obesity- Market Size & Forecast 2019-2030, USD Million
-Smoking Cessation- Market Size & Forecast 2019-2030, USD Million
-Others (Hypertension, Sleep Hygiene, etc.) - Market Size & Forecast
2019-2030, USD Million
-Treatment/Care- Market Size & Forecast 2019-2030, USD Million
-Cardiovascular Diseases (CVDs)- Market Size & Forecast 2019-2030, USD
Million
-Central Nervous System Diseases- Market Size & Forecast 2019-2030,
USD Million
-Diabetes- Market Size & Forecast 2019-2030, USD Million
-Musculoskeletal Diseases- Market Size & Forecast 2019-2030, USD
Million
-Others (Respiratory Diseases, Drug Substance Abuse, etc.) - Market Size
& Forecast 2019-2030, USD Million
-By Business Model
-Business-to-Consumer (B2C)- Market Size & Forecast 2019-2030, USD
Million
-Business-to-Business (B2B)- Market Size & Forecast 2019-2030, USD
Million
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Explore the Complete Analysis Report
– https://www.marknteladvisors.com/research-library/digital-therapeutics-market.html
What role do key competitors play in
shaping the market, and how are they adapting to emerging trends and
challenges?
Omada Health Inc., Google (Fitbit
Health Solutions), 2Morrow® Inc., Teladoc Health. Inc. (Livongo), ResMed
(Propeller Health), Aptar (Voluntis, Inc.), Welldoc, Inc., Canary Health, Noom,
Inc., Biofourmis, Click Therapeutics, Better Therapeutics, Cognoa, CogniFit
Inc., Virta Health, Others,
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Key Questions Answered in the Research
Report:
1. What are the industry’s overall statistics or
estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current
scenario of the market?
3. What key factors would propel and impede the
industry across the country?
4. How has the industry been evolving in terms of
geography & solution adoption?
5. How have buying behavior, customer inclination, and
expectations from product manufacturers been evolving during 2024-30?
6. Who are the key competitors, and what strategic
partnerships or ventures are they coming up with to stay afloat during the
projected time frame?
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& emerging geographies allows our clients to formulate their strategies in
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development, feasibility analysis, project scoping, market segmentation,
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