Healthcare Intelligence Markets

+15% CAGR to Be Achieved by Digital Therapeutic Devices Market by Extensive Market Growth

Digital Therapeutic Devices Market To Grow at a CAGR of +15% by 2022 |Know about industry Trends, Opportunities, Size, Share, Strategies, growth and Analysis

 

Pune, India -- (SBWIRE) -- 05/23/2018 -- The global digital therapeutic devices market is primarily driven by the rising use of technology for treating medical conditions. The demand for technologically advanced products for treating medical conditions coupled with rising disposable incomes is positively influencing the global digital therapeutic devices market. Several governments are also supporting the adoption of digital therapeutic devices that marks a significant change from traditional healthcare practices.

The digital therapeutic devices are used in various applications such as pain management, respiratory therapy, rehabilitation, and for blood sugar control. Due to rise in diabetes there is preference for home monitoring devices and hence there is an increase in the usage of digital therapeutic devices. Due to business to customers (B2C) and customers to customers (C2C) there is a steady growth of the digital therapeutic devices market seen worldwide. This report studies the current and future aspects of the digital therapeutic devices market.

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Top Key Vendors:
Proteus Digital Health, WellDoc Inc., Propeller Health, BiogeniQ Inc., Noom Inc., Claritas MindSciences, Jintronix Inc., Zest Health LLC, HealthMine Inc., BioTelemetry Inc., Digital Twine health Inc., Virta Health Corp, Pear Therapeutics Inc., Blue Mesa, Meru Health Inc., Canary Health, Firstbeat Technologies Ltd, Big Health, Dthera Sciences, Glooko Inc., Livongo Health, 2Morrow Inc., Nanobiosys Inc., Digital Therapeutics, Omada Health Inc., Ginger. Io Inc.

Factors, such as patient's data privacy concerns associated with digital therapeutic devices, hinder the growth of this market. When the information is transferred to the connected devices and sensors, it reaches into the Internet of Things territory. Since healthcare involves huge data related to patients and companies, cybersecurity is a major issue with increasing levels of connectivity between hospital chains, providers, and payers. As the information is continuously being monitored by doctors, such as the use of Bluetooth-enabled blood pressure cuffs and weight scales, the privacy concerns further rise. Other factors hindering the growth of this market include high cost of manufacturing and installation and resistance of public to traditional healthcare providers. All these factors impede the growth of the digital therapeutics devices market.

To achieve this, the research segments and sub-segments the global Digital Therapeutic Devices market by using many criteria. The growth predictions for each of these segments are included in the report. Finally, the research directs its focus towards the possible strengths, weaknesses, opportunities, and threats that can affect the growth of the global Digital Therapeutic Devices market. The feasibility of new projects is also measured in the report by the analysts.

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Table Of Content:

Chapter 1 Digital Therapeutic Devices Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

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