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18-Aug-2023

Digital Therapeutics Market: Estimated to Register a CAGR of 19.4% | By AMR

The Digital Therapeutics Market has emerged as a groundbreaking intersection of healthcare and technology, offering innovative digital solutions to complement traditional medical treatments. These software-based interventions utilize mobile apps, wearable devices, and online platforms to address a range of medical conditions, from chronic diseases to mental health disorders. The global digital therapeutics market size was valued at $3,845.74 Million in 2021, and is projected to reach $22,601.97 Million by 2031, registering a CAGR of 19.4% from 2022 to 2031.

Digital Therapeutics Market in Short:

CAGR: 19.4%
Current Market Size: USD 22,601.97 Million
Fastest Growing Region: APAC
Largest Market: North America
Projection Time: 2022-2031
Base Year: 2021

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Q1. Which are the top companies hold the market share in digital therapeutics market?

Top companies such as 2morrow Inc., Akili interactive labs, Inc., Click therapeutics, Inc., Fitbit, Inc., Kaia health, Livongo health, Inc., Medtronic Plc., Omada health, Pear therapeutics, Inc., Proteus digital health, Inc., Resmed, Inc, Voluntis, Inc and Welldoc, Inc. held a high market position in 2021.

Q2. Which is the most influencing segment growing in the digital therapeutics market report?

Software segment dominated the global market in 2021, and expected to continue this trend throughout the forecast period due the advancements and digitalization and adoption of the smartphones and various devices.

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One of the key advantages of digital therapeutics is their ability to provide personalized and accessible healthcare solutions. These interventions can be tailored to individual needs, allowing patients to actively participate in their own care and monitor their progress in real time. Digital therapeutics also offer the convenience of remote access, enabling patients to engage with therapeutic interventions from the comfort of their own homes.

By providing personalized, evidence-based interventions, digital therapeutics aim to improve patient outcomes, enhance disease management, and empower individuals to take an active role in their health. As the healthcare landscape continues to evolve, the digital therapeutics market holds immense potential to revolutionize how healthcare is delivered and experienced, ushering in a new era of patient-centric, technology-driven care.

Top Leading Key Companies –

  • Omada Health, Inc.,
  • Medtronic Plc.,
  • Fitbit, Inc. (Twine Health, Inc.),
  • Kaia Health,
  • Welldoc, Inc,
  • Proteus Digital Health, Inc.,
  • 2MORROW, Inc.,
  • Voluntis, Inc.,
  • Click Therapeutics, Inc.,
  • Happify, Inc.,
  • Livongo Health, Inc.,
  • Resmed, Inc. (Propeller Health),
  • Akili Interactive Labs, Inc.,
  • Pear Therapeutics, Inc.

Market: By Region Outlook

  • North America (U.S., Canada, Mexico)
  • Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)

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Important Questions Being Answered by This Market Report Are –

Q1. What is the total market value of digital therapeutics market report?

Q2. What would be forecast period in the market report?

Q3. What are the key trends in the digital therapeutics market report?

Q4. What are the market values / growth % of emerging countries?

Key findings of the study –

In summary, digital therapeutics are a promising and innovative approach to healthcare, leveraging technology to deliver evidence-based therapeutic interventions. With their ability to provide personalized and accessible solutions, digital therapeutics have the potential to revolutionize the way medical conditions are managed and treated. As the field continues to grow, it holds great promise for improving patient outcomes, enhancing self-care, and transforming the delivery of healthcare services.

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Last Updated: 18-Aug-2023