According to IMARC Group latest report titled “Digital Therapeutics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on Digital Therapeutics market research report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The market is currently witnessing strong growth. The global Digital Therapeutics Market to grow at a CAGR of 22% during 2021-2026.
Digital therapeutics (DTx) is an evidence-based intervention extensively employed in the healthcare sector for providing therapy solutions, improving the existing medical treatments, and detecting various respiratory disorders and chronic obstructive pulmonary and gastronomical ailments. Using software programs, DTx is also crucial in preventing, managing and treating physical, mental, and behavioral health of an individual.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The increasing utilization of DTx in various neuroscience indications is one of the key factors driving the market growth. Additionally, numerous initiatives undertaken by governments of various nations across the globe for strengthening the healthcare infrastructure are contributing to the market growth. In line with this, the escalating prevalence of chronic diseases and the rising geriatric population is positively impacting the demand for DTx. Moreover, since the utilization of DTx significantly reduces the overall healthcare costs, there is an increasing demand for DTx, which is creating a positive outlook for the market across the globe.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/digital-therapeutics-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- 2Morrow Inc.
- Canary Health Inc.
- Click Therapeutics Inc.
- Mango Health Inc.
- Noom Health Inc.
- Omada Health Inc.
- Pear Therapeutics, Inc.
- Propeller Health
- Teladoc Health Inc.
- Voluntis Inc.
- WellDoc Inc
Digital Therapeutics Market Segmentation:
Our report has categorized the market based on region, application and end use.
Breakup by Application:
- Diabetes
- Obesity
- CVD
- CNS Disease
- Respiratory Diseases
- Smoking Cessation
- Others
Breakup by End Use:
- Patients
- Providers
- Payers
- Employers
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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