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14-Jun-2021

Digital Therapeutic (DTx) Market , Share, Application Analysis, Regional Outlook, Competitive Strategies & Forecast up to 2028||Akili Interactive Labs, Inc. ATENTIV 2Morrow Inc. Ayogo Health and Ginger Click Therapeutics

Businesses can utilize Digital Therapeutic (DTx) Market 2021 research report to obtain productive ideas with which product can be made more effective and impressive in the competitive market. Market report assists in validating the information which has been gathered from the primary sources. This market document contains complete background analysis of industry, which includes an assessment of the parental market. The base year for calculation in the report is taken as 2021, the historic year is 2019 which tells how this market is going to perform in the forecast years by informing what the market definition, classifications, applications, and engagements are. the business research report has market data and information which can answer several marketing problems in different functional areas of marketing such as consumer behavior, product, sales, distribution channel, pricing, ad and physical distribution. The report provides data on patterns and improvements, and target business sectors and materials, limits and advancements. This report contains a chapter on this market and all its associated companies with their profiles, which gives valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. 

Digital Therapeutic (DTx) Market is growing with factors such as increasing prevalence of chronic disease, rising awareness by government agencies. However, digital payment associated with digital therapeutics may obstruct the growth of the market in the given forecast period.

Rising awareness regarding the benefits of digital therapeutics coupled with technological advancements in mobile healthcare have led to the rise in demand for digital therapeutics globally. Data Bridge Market Research analyses that the digital therapeutics will exhibit a CAGR of around 21.04% for the forecast period of 2021-2028.

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According to Data Bridge Market Research, the market for digital therapeutic (DTx) in Asia-Pacific region has the highest market share in digital therapeutic (DTx) market. Market leader is Fitbit, Inc., Livongo, which accounts an estimated market share of approximately 23.61% and 19.73%. The company has gained outstanding sale through providing digital therapeutic (DTx) product.

In August 2020, Fitbit Sense, the company’s most advanced health smartwatch, bringing innovative sensor and software technology with the world’s first electrodermal activity (EDA) sensor on a smartwatch to help manage stress, along with advanced heart rate tracking technology, a new ECG app, and an on-wrist skin temperature sensor, all powered by 6+ days of battery life. The new product will let to increase in more customers and gain profits

Digital therapeutics is a subset of digital healthcare that helps to prevent, manage and treat a medical disease or a disorder. Moreover, digital therapeutics also help to treat psychological conditions. Digital therapeutics help to improve patient outcomes as it is evidence-based digital healthcare technology. Digital therapeutics technology is effective and efficient in diagnosing conditions that are poorly addressed by the healthcare system such as chronic diseases, neurological disorders, and much more. Not just that, digital therapeutics help to deliver cheaper healthcare treatment and saves a good amount of time for the patient as well as the healthcare provider.

Some of the Key Players/Manufacturers Involved in the Market are:

  • Akili Interactive Labs, Inc.
  • ATENTIV
  • 2Morrow Inc.
  • Ayogo Health Inc.
  • Ginger
  • Click Therapeutics, Inc.
  • Cognoa
  • Better Therapeutics, Inc
  • CogniFit
  • CANARY HEALTH
  • Kaia Health
  • Happify, Inc.
  • MANGO HEALTH
  • Mindstrong Health
  • Natural Cycles USA Corp
  • Noom, Inc.
  • GAIA AG
  • Omada Health, Inc.
  • Welldoc, Inc.
  • Smartpatient gmbh
  • Wellthy Therapeutics Pvt Ltd
  • Pear Therapeutics, Inc.
  • SAMSUNG
  • Voluntis
  • Livongo
  • ResMed

Scope of the Global Digital therapeutic (DTx) Market

Global Digital therapeutic (DTx) Market is segmented on the basis of geography into U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, Rest of Europe, Japan, China, Australia, India, South Korea, Singapore, Indonesia, Thailand, Malaysia, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, South Africa, UAE, Israel, Egypt and Rest of Middle East and Africa.

All country-based analysis of global digital therapeutic (DTx) market is further is categorized into four segments which are product and service type, application, purchase mode and sales channel. On the basis of product and service type, the digital therapeutic (DTx) market is segmented into hardware products, solutions/software and service. On the basis of application, the digital therapeutic (DTx) market is segmented into treatment/care-related applications and preventive applications. On the basis of purchase mode, the digital therapeutic (DTx) market is segmented into group purchase organization and individual. On the basis of sales channel, the digital therapeutic (DTx) market is segmented into B2B and B2C.

Market Segmentation:

Global Digital Therapeutics Market, By Product Type (Software and Devices), Sales Channel (B2C and B2B), Application (Preventive Applications and Treatment/Care-related Applications), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Digital Therapeutics Market Country Level Analysis

The digital therapeutics market is analysed and market size insights and trends are provided by country, product type, sales channel and applications as referenced above.

The countries covered in the digital therapeutics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the digital therapeutics market where the U.S. is the largest contributor. This is due to rising focus on improvement and advancement of healthcare technologies coupled with increased research and development proficiencies in this direction. Favourable reimbursement policies coupled with presence of major and key players in this region are also acting as major growth determinants for the market. However, it is Asia-Pacific region which is set to undergo the highest compound annual growth rate during the forecast period. This is because of the increased investment in healthcare infrastructure coupled with rising prevalence of chronic diseases. Rising smartphone penetration coupled with rising awareness regarding various self-management healthcare applications will further boost up the digital therapeutics market growth.

The country section of the digital therapeutics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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Table Of Content::

Section 01: EXECUTIVE SUMMARY

Section 02: SCOPE OF THE REPORT

Section 03: RESEARCH METHODOLOGY

Section 04: MARKET LANDSCAPE

Market environment

Market attributes

Market division examination

Section 05: PIPELINE ANALYSIS

Pipeline examination

Section 06: MARKET SIZING

Market definition

Market estimating

Market size and conjecture

Section 07: FIVE FORCES ANALYSIS

Section 08: MARKET SEGMENTATION

Division

Correlation

Market opportunity

Section 09: CUSTOMER LANDSCAPE

Section 10: REGIONAL LANDSCAPE

Section 11: DECISION FRAMEWORK

Section 12: DRIVERS AND CHALLENGES

Market drivers

Market difficulties

Section 13: MARKET TRENDS

Section 14: VENDOR LANDSCAPE

Outline

Scene disturbance

Section 15: VENDOR ANALYSIS

Sellers covered

Seller arrangement

Market situating of sellers

Region & Countries (Customizable):

  • North America (Canada, United States & Mexico)
  • Europe (Germany, the United Kingdom, Benelux, France, Russia & Italy)
  • Asia-Pacific (Japan, South Korea, China, India & Southeast Asia)
  • South America (Argentina, Brazil, Peru, Colombia, Etc.)
  • Middle East & Africa (United Arab Emirates, Egypt, Saudi Arabia, Nigeria & South Africa)

More Information Related to TOC, Tables, and Figures Can Be Provided

  • No. of Microalgae Market Report Pages: 350
  • No of Tables: 220
  • No of Figures: 60

Coronavirus can influence the worldwide economy in three principal ways: by straightforwardly influencing creation and request, by making store network and market disturbance, and by its monetary effect on firms and monetary business sectors. The episode of COVID-19 has welcomed impacts on numerous viewpoints, similar to flight undoings travel boycotts and isolates cafés shut all indoor occasions confined more than forty nations highly sensitive situation proclaimed monstrous easing back of the Vaccine market unpredictability falling business certainty, developing frenzy among the populace, and vulnerability about future.

Covid-19 Impact Analysis@  https://www.databridgemarketresearch.com/covid-19-impact/global-digital-therapeutics-market

LIST OF FIGURES

FIGURE 1 GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET: SEGMENTATION

FIGURE 2 GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET : DATA TRIANGULATION

FIGURE 3 GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET: DROC ANALYSIS

FIGURE 4 GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET: GLOBAL VS REGIONAL MARKET ANALYSIS

FIGURE 5 GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET: COMPANY RESEARCH ANALYSIS

FIGURE 6 GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET: MULTIVARIATE MODELLING

FIGURE 7 GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET: INTERVIEW DEMOGRAPHICS

FIGURE 8 GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET: DBMR MARKET POSITION GRID

FIGURE 9 GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET: MARKET APPLICATION COVERAGE GRID

FIGURE 10 GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET: VENDOR SHARE ANALYSIS

FIGURE 11 GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET: SEGMENTATION

FIGURE 12 ASIA-PACIFIC IS EXPECTED TO DOMINATE THE GLOBA DIGITAL THERAPEUTIC (DTX) MARKET AND IS EXPECTED TO GROW WITH THE HIGHEST CAGR IN THE FORECAST PERIOD OF 2021 TO 2028

FIGURE 13 INCREASING DEMAND OF DIGITAL THERAPEUTICS WORLDWIDE DUE TO PREVALENCE OF CHRONIC DISEASES IS EXPECTED TO DRIVE THE MARKET GROWTH IN THE FORECAST PERIOD OF 2021 TO 2028.

FIGURE 14 SOLUTIONS/SOFTWARE SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET IN 2021 & 2028

FIGURE 15 ASIA-PACIFIC IS THE FASTEST GROWING MARKET FOR DIGITAL THERAPEUTICS (DTX) MANUFACTURERS IN THE FORECAST PERIOD OF 2021 TO 2028

FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES OF GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET

FIGURE 17 GLOBAL DIGITAL THERAPEUTIC (DTX) MARKET: BY PRODUCT AND SERVICE TYPE, 2020

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Healthcare Infrastructure growth Installed base and New Technology Penetration

The digital therapeutics market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for digital therapeutics market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the digital therapeutics market. The data is available for historic period 2010 to 2019.

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The report is essentially fragmented into a few key locales, import, fare, income, and piece of the pie and development pace of Microalgae in these areas, from 2021 to 2028, covering:

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Last Updated: 14-Jun-2021