Digital therapeutics, generally known as programming for medications has been increasing a lot of consideration because of the quantity of advantages it offers to patients that use it. The development of the market is slung by expanding rates of interminable sicknesses, expanding accentuation on preventive human services, the need to control medicinal services uses, and included advantages offered by digital therapeutics. Ascend in number of investors that are putting resources into the market is another factor that is quickening its development.
Increasing Adoption of Advanced Treatment to Fuel the Sales of Digital Therapeutics Market With an expansion in the web use and reliance over cell phones, digital therapeutics offers simple following and observing of patients and their fundamental details without mediation.
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Major Competitive Analysis:
The key players operating in the global digital therapeutics market include Proteus Digital Health, Inc., WellDoc, Inc., Omada Health Inc., 2Morrow, Inc., Propeller Health, Livongo Health, Twine Health, Inc., Noom Inc., and Canary Health, Inc. The key players are trying to offer newer products with advanced facilities are driving growth of the global digital therapeutics market.
Industry Segmentation:
The digital therapeutics market is segmented based on product type, application, sales channel, and region.
In terms of product type, the global digital therapeutics market is categorized into software and devices.
Based on the application, the market is segmented into cardiovascular diseases, diabetes, obesity, smoking cessation, respiratory diseases, and other.
Based on the sales channel, the market is segmented into B2B and B2C.
Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Trends
4.5 Macroeconomic Indicators
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
Chapter 6. Global Digital Therapeutics Market, By Product Type
6.1 Introduction
6.2 Software
Market Estimates & Forecast, By Region, 2018–2023
Market Estimates & Forecast, By Country, 2018–2023
6.3 Devices
Continued….
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Regional Analysis:
Based on the region, the market is segmented into Europe, the Americas, Asia Pacific, and the Rest of the World (RoW).
Among these, the North American region has the most significant control over the global digital therapeutics market and is expected to hold the position in the next couple of years. The reasons behind spread-on of the market comprise of early adoption of technology, growing prevention of chronic diseases and increasing investments in R&D, inclusion on next-gen healthcare technology, expansion of healthcare sectors including awareness projects, etc.
The global digital therapeutics market is expected to reach USD 457.9 Million by 2021 from USD 110 Million in 2016, growing at a CAGR of 27.7% from 2016 to 2021.The factors driving market growth include growing incidence of chronic diseases, rising focus on preventive healthcare, technological advancements, growing need to control healthcare costs, significant increase in venture capital investments, and the benefits of digital therapeutics.However, factors such as lack of awareness and access to digital therapeutics programs in developing countries, patient data privacy concerns, and resistance from traditional healthcare providers may restrain the digital therapeutics market growth.Download PDF Brochure: : https://www.marketsandmarkets.com/PressReleases/digital-therapeutics.aspDigital Therapeutics Market segmentation:based on productsbased on diseasesbased on techniques,based on end usersbased on regions.
The Major Players Opearting in the Digital Therapeutics Market:Key players in the digital therapeutics market include Proteus Digital Health, Inc. (U.S.), Omada Health Inc. (U.S.), WellDoc Inc. (U.S.), Livongo Health (U.S.), Noom Inc. (U.S.), Ginger.io Inc. (U.S.), Propeller Health (U.S.), 2Morrow Inc. (U.S.), Canary Health Inc. (U.S.), Mango Health, Inc. (U.S.), and Physitrack Limited (U.K.).
Click Therapeutics, Inc. (U.S.), Pear Therapeutics, Inc., (U.S.), Akili Interactive Labs, Inc. (U.S.) and Wellthy Therapeutics Pvt.
Ltd (India) are some of the emerging players in this market.To speak to our analyst for a discussion on the above findings, click Speak to AnalystGeographical Detailed Analysis for Digital Therapeutics Market:The global digital therapeutics market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
North America is expected to account for the largest share of the market by the end of 2016.
This large share can be attributed to various factors, including growing incidence of chronic diseases, government initiatives to support technological advancements in the field of digital therapeutics, and a growing influx of new startup companies in the market.Prominent players in the digital therapeutics market include Proteus Digital Health, Inc. (U.S.), Omada Health Inc. (U.S.), WellDoc Inc. (U.S.), Livongo Health (U.S.), Noom Inc. (U.S.), Ginger.io Inc. (U.S.), Propeller Health (U.S.), 2Morrow Inc. (U.S.), Canary Health Inc. (U.S.), and Mango Health, Inc. (U.S.).Read More in Detailed (Digital Therapeutics Market): https://www.marketsandmarkets.com/PressReleases/digital-therapeutics.asp
