Digital Therapeutics Market to Reach Valuation of USD 12880 Million by 2030 | Pristine Intelligence

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The Global Digital Therapeutics market size was reasonably estimated to be approximately USD 6050 Million in 2023 and is poised to generate revenue over USD 12880 Million by the end of 2030, projecting a CAGR of around 20.41% from 2023 to 2030.

The Digital Therapeutics Market encompasses a wide range of digital health solutions, including mobile health apps, virtual reality programs, web-based interventions, and software platforms targeting various medical conditions such as diabetes, obesity, hypertension, mental health disorders, respiratory diseases, and chronic pain. Digital therapeutics are evidence-based, clinically validated interventions that leverage behavioral science, cognitive-behavioral therapy (CBT), mindfulness techniques, and personalized coaching to empower patients to take control of their health and well-being.

 

Leading players involved in Digital Therapeutics Market include:

Omada Health Inc. (US), ResMed (US), Pear Therapeutics Inc. (US), Solera Network (US),  Akili Interactive Labs Inc. (US), Better Therapeutics LLC (US), Biofourmis (US), Click Therapeutics Inc. (US), Naturalcycles Nordic AB (Sweden), NuvoAir AB (Sweden), Welldoc’s Bluestar (US), Happify Inc. (US), Limbix Health Inc. (US), Voluntis (US), Xealth (US), Biobeat (Israel), Kaia Health (US), Ginger (US), Propeller Health (US), Hinge Health Inc. (US) And Other Major Key Players.

 

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Market Drivers:

·         Growing Burden of Chronic Diseases: One primary driver for the Digital Therapeutics Market is the increasing prevalence of chronic diseases worldwide, including diabetes, cardiovascular diseases, obesity, and mental health disorders. Digital therapeutics offer scalable and accessible solutions for managing and treating chronic conditions, empowering patients to monitor their health, adhere to treatment plans, and make lifestyle changes to improve outcomes and quality of life.

 

·        Advancements in Digital Health Technologies: The rapid advancements in digital health technologies, including mobile devices, wearables, sensors, artificial intelligence (AI), and data analytics, drive innovation and adoption in the Digital Therapeutics Market. These technologies enable remote monitoring, real-time feedback, personalized interventions, and predictive analytics, enhancing the effectiveness and efficiency of digital therapeutics interventions.

 

Segmentation of Digital Therapeutics Market:

By Type

·         Device

·         Software

·         Hybrid

 

By Application

·         Mental Health

·         Diabetes Management

·         Cardiovascular Disease

·         Respiratory Disorders

·         Obesity Management

·         Neurological Disorders

·         Others

 

By Sales Channel

·         App Store

·         B2C

·         Others

 

By End Users

·         Patients

·         Healthcare Providers

·         Employers

·         Insurers/Payers

·         Others

 

By Region

·         North America (Us, Canada, Mexico)

·         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

·         Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest Of APAC)

·         Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest Of SA)

 

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Key Report Highlights:

โžฝ Accurate market size and compound annual growth rate (CAGR) predictions for the period 2023-203.

โžฝ In-depth evaluation of growth potential in major segments and geographical areas.

โžฝ Detailed company profiles of the top players in the global Individualized Health Coaching Market.

โžฝ Comprehensive investigation of innovation and market developments in the industry.

โžฝ Reliable industry value chain and supply chain analysis.

โžฝ Thorough examination of significant growth drivers, limitations, obstacles, and future prospects.

 

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