Digital Therapeutic Market Report Size, Demand and Analysis Report

The Digital Therapeutic Market is expected to grow from USD 2.22 billion in 2019 to USD 9.90 billion by 2026 at a CAGR of 28.30% from 2020 to 2026.

Digital therapeutics, commonly known as software-for drugs has been fast much attention owing to the number of benefits it offers to patients that utilize it. Continuous monitoring of patient’s vital stats, capacity to confirm adherence to medications, prompt reminders are some of the most important benefits presented by digital therapeutics. Through a rise in internet usage and dependency over smartphones, digital therapeutics offers easy tracking and monitoring of patients and their vital stats without intervention. This serves in a discrete and non-interventional manner to persuade individuals to adopt healthier lifestyles and expand physical well-being. Captivating design, extended assessment, and digital tracking are features that are attributing to the increasing adoption of digital therapeutics by patients, employers, providers, and others. The global market is segregated on the basis of Application as Care-related Applications and Preventive Applications. Based on Sales Channel the global market is segmented in B2B and B2C.

The global market report provides geographical analysis covering regions, such as Europe, North America, Asia Pacific, and the Rest of The World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

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The global Digital Therapeutics market has been segmented as below:

By Application

• Care-related Applications

  • Diabetes

  • CNS Disorders

  • Chronic Respiratory Disorders

  • Musculoskeletal Disorders

  • Cardiovascular Diseases

  • Smoking Cessation

  • Medication Adherence

  • Gastrointestinal Disorders

  • Substance Use & Addiction Management

  • Rehabilitation & Patient Care

  • Other Treatment/Care-related Applications

• Preventive Applications

  • Prediabetes

  • Obesity

  • Nutrition

  • Lifestyle Management

  • Other Preventive Application

By Sales Channel

• B2B

• Patients

• Caregivers

• B2C

• Providers

• Payers

• Employers

• Pharmaceutical Companies

• Other Buyers

By Region

• Europe

• North America

• Asia Pacific

• Rest of The World

Competitive Rivalry

Happify, Kaia Health, Ayogo Health, Better Therapeutics, Mindstrong Health, Livongo Health, Omada Health, Proteus Digital Health, Welldoc, Ginger, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

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