Digital Therapeutics Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Global Digital Therapeutics Market: By Application (Obesity, Diabetes, Central Nervous System Diseases, Cardio Vascular Disorders, Respiratory Disease, Others), By End User (Healthcare Providers, Payers, Employees, Others), By Region

 

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Report

Description

The global Digital Therapeutics Market size was estimated at USD 3.2 Bn in 2021, growing at a CAGR of 28.8% during the forecast period 2021-2027. Global digital therapeutics is still at development stage, few market players are present in the market. The advent of new companies and introduction of innovative digital therapies expected to boost the market over the forecast period. For instance, in November 2017, U.S. FDA has approved Proteus Digital Healths ABILIFY MYCYTE, aripirazole tablet with the sensor enables track the patient’s medications with the help of a wearable patch. Furthermore, market players are collaborating with other companies to provide digital therapy for the patients. For instance, in March 2017, Sanofi S.A. has collaborated agreement with Voluntis S.A. to deliver digital insulin titration solutions, featuring mobile phone application for type -II Diabetes. Industry trends in the market are evolving, which will aid players in developing successful long-term strategies. Both established and emerging markets have implemented business growth techniques. COVID-19 is an unprecedented worldwide public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the projection period. Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. The research examines COVID-19 in light of changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. The revised report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions.

 


Digital Therapeutics Market

MARKET SUMMARY
-
28.8% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 28.8%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Digital Therapeutics Market

  • The report on global Digital Therapeutics Market gives historical, current, and future market sizes (US$ Mn) on the basis of application, provider, and regions.
  • Global Digital Therapeutics Market gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and the Middle East, and Africa.
Market Key Players
  • Omada Health Inc. (U.S.)
  • Digital Health, Inc. (U.S.)
  • Livongo Health (U.S.)
  • WellDoc Inc. (U.S.)
  • io Inc. (U.S.)
  • Noom Inc. (U.S.)
  • 2Morrow Inc. (U.S.)
  • Propeller Health (U.S.)
Drivers And Restraints

Digital Therapeutics Market

Global digital therapeutics market is primarily driven by increase in the usage of internet and adaptation of digital devices such as smartphones around the world. In addition, growing awareness and adaptation of telemedicine and digital healthcare services are expected to boost the market share in future. Moreover, through the digital therapeutics healthcare professionals can provide services to remote places. Technological advancements coupled with the growth in prevalence of chronic diseases such as neurological disorders, diabetes, and others are expected to bolster the market growth over the forecast period. However, lack of digital health services in remote places, patient data privacy, and resistance from the traditional healthcare providers are expected to hamper the global digital therapeutics market over the forecast period.


North-America got significant share

Digital Therapeutics Market

Global Digital Therapeutics Market Regional Analysis. Geographically digital therapeutics market is divided into five key regions, i.e. Europe, North America, Latin America, Asia Pacific, and The Middle East and Africa. North America digital therapeutics market is driven by the presence of key market players, well-established healthcare infrastructure, rise in the health expenditure and technological advancements in the region. Furthermore, favorable health policies in the region also expected to boost the market share. Asia Pacific expected to register the significant growth rate over the forecast period, owing to increase in adaptation of digital devices and growing awareness related to digital healthcare segment. In addition, rapid urbanization coupled with increase in healthcare spending expected to boost the market share especially in developing countries such as India and China. China digital therapeutics market projected to have notable growth rate owing to the technological advancements and increase in the aging population that require continuous monitoring and treatment of chronic conditions.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market and forecast.
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Segmentation

Digital Therapeutics Market


Location

GEOGRAPHY


Report

Table Of Content

  1. Executive Summary
  2. Global Digital Therapeutics Market Introduction
    • Global Digital Therapeutics Market – Taxonomy
    • Global Digital Therapeutics Market –Definitions
      • Application
      • End User
  1. Global Digital Therapeutics Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Digital Therapeutics Market Dynamic Factors – Impact Analysis
    • Global Digital Therapeutics Market – Competition Landscape
    • Epidemiology
  2. Global Digital Therapeutics Market Analysis,2013 – 2017 and Forecast, 2018 – 2024
    • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market OpportunityAnalysis
  3. Global Digital Therapeutics Market, By Application, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Obesity
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Diabetes
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Central Nervous System Disorders
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • CardioVascular Diseases
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Respiratory Disease
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Digital Therapeutics Market Forecast, By End User,2013 – 2017 and Forecast, 2018 – 2024
    • Healthcare Providers
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Payers
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Employees
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Digital Therapeutics Market Forecast, By Region, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Digital Therapeutics Market – Opportunity Analysis Index, By Application, By End User and Region, 2018 – 2024
  2. North America Digital Therapeutics MarketAnalysis,2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Application Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Obesity
      • Diabetes
      • Central Nervous System Disorders
      • CardioVascular Diseases
      • Respiratory Disease
      • Others
    • End User Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Healthcare Providers
      • Payers
      • Employees
      • Others
    • Country Analysis 2016 and Forecast 2018 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Digital Therapeutics Market – Opportunity Analysis Index, By Application, By End User and Country, 2018 – 2024
    • North America Digital Therapeutics Market Dynamics – Trends
  3. Europe Digital Therapeutics Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Application Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Obesity
      • Diabetes
      • Central Nervous System Disorders
      • CardioVascular Diseases
      • Respiratory Disease
      • Others
    • End User Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Healthcare Providers
      • Payers
      • Employees
      • Others
    • Country Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Digital Therapeutics Market – Opportunity Analysis Index, By Application, By End User and Country, 2018 – 2024
    • Europe Digital Therapeutics Market Dynamics – Trends
  4. Asia-Pacific Digital Therapeutics Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Application Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Obesity
      • Diabetes
      • Central Nervous System Disorders
      • CardioVascular Diseases
      • Respiratory Disease
      • Others
    • End User Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Healthcare Providers
      • Payers
      • Employees
      • Others
    • Country Analysis2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Digital Therapeutics Market – Opportunity Analysis Index, By Application, By End User and Country, 2018 – 2024
    • Asia-Pacific Digital Therapeutics Market Dynamics – Trends
  5. Latin America Digital Therapeutics Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Application Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Obesity
      • Diabetes
      • Central Nervous System Disorders
      • CardioVascular Diseases
      • Respiratory Disease
      • Others
    • End User Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Healthcare Providers
      • Payers
      • Employees
      • Others
    • Country Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Digital Therapeutics Market – Opportunity Analysis Index, By Application, By End User and Country, 2018 – 2024
    • Latin America Digital Therapeutics Market Dynamics – Trends
  6. Middle East and Africa Digital Therapeutics Market Analysis, 2013 – 2017 and Forecast, 2018 – 2024 (Revenue, USD Mn)
    • Application Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Obesity
      • Diabetes
      • Central Nervous System Disorders
      • CardioVascular Diseases
      • Respiratory Disease
      • Others
    • End User Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Healthcare Providers
      • Payers
      • Employees
      • Others
    • Country Analysis 2013 – 2017 and Forecast 2018 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Digital Therapeutics Market – Opportunity Analysis Index, By Application, By End User and Country, 2018 – 2024
    • MEA Digital Therapeutics Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Omada Health Inc. (U.S.)
      • Digital Health, Inc. (U.S.)
      • Livongo Health (U.S.)
      • WellDoc Inc. (U.S.)
      • io Inc. (U.S.)
      • Noom Inc. (U.S.)
      • 2Morrow Inc. (U.S.)
      • Propeller Health (U.S.)
      • Mango Health, Inc. (U.S.)
      • Canary Health Inc. (U.S.)
      • Bupa (U.K)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Omada Health Inc. (U.S.)
  • Digital Health, Inc. (U.S.)
  • Livongo Health (U.S.)
  • WellDoc Inc. (U.S.)
  • io Inc. (U.S.)
  • Noom Inc. (U.S.)
  • 2Morrow Inc. (U.S.)
  • Propeller Health (U.S.)
  • Mango Health, Inc. (U.S.)
  • Canary Health Inc. (U.S.)
  • Bupa (U.K)

Description

The global Digital Therapeutics Market size was estimated at USD 3.2 Bn in 2021, growing at a CAGR of 28.8% during the forecast period 2021-2027. Global digital therapeutics is still at development stage, few market players are present in the market. The advent of new companies and introduction of innovative digital therapies expected to boost the market over the forecast period. For instance, in November 2017, U.S. FDA has approved Proteus Digital Healths ABILIFY MYCYTE, aripirazole tablet with the sensor enables track the patient’s medications with the help of a wearable patch. Furthermore, market players are collaborating with other companies to provide digital therapy for the patients. For instance, in March 2017, Sanofi S.A. has collaborated agreement with Voluntis S.A. to deliver digital insulin titration solutions, featuring mobile phone application for type -II Diabetes. Industry trends in the market are evolving, which will aid players in developing successful long-term strategies. Both established and emerging markets have implemented business growth techniques. COVID-19 is an unprecedented worldwide public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the projection period. Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. The research examines COVID-19 in light of changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. The revised report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions.

 

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