The report on the digital therapeutics highlights the various applications of digitalized health solutions. It also aims at listing out the end users of the technology and further classifies them based on their growth and the overall contribution to the market share.
New York, NY -- (SBWIRE) -- 06/24/2019 -- This report released by market industry reports aims at strategically identifying the global trends within the Digital therapeutics market, while also detailing the factors responsible for the growth of the market in certain regions. At the same time, this report focuses on recognizing the prominent players within the digital therapeutics market, while also detailing the strategies they have adopted over the years. It thoroughly lists out all the components that have played a role in driving the growth of the global digital therapeutics market.
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Market Industry Reports (MIR) has published a new report titled "Digital Therapeutics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global digital therapeutics market is anticipated to witness a double digit CAGR from 2019 to 2030 and was valued at over US$ 140.0 Mn in 2018.
Prominent Players in the Digital Therapeutics Market
The prominent players in the global Digital Therapeutics Market are Propeller Health Omada Health, Inc., Livongo Health Pear Therapeutics, Inc., , Inc, 2Morrow, Inc., Ginger.Io, Inc., Noom, Inc. Mango Health, Canary Health, Inc., and Proteus Digital Health among others.
Increasing Use of Smartphones and Internet
Smartphones and internet have played a pivot role in growth of digital therapeutics. As healthcare has become costlier digital therapeutics offer cost saving and reduce hospital visits for patients. Mobile applications & consultation offer better way of providing care to patients suffering from chronic diseases. Moreover, in 2017 US FDA approved mobile application to support treatment of substance use disorders (SUD). The mobile application is used with outpatient therapy to treat alcohol, cocaine, marijuana and stimulant SUDs.
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Key Points of Table Of Content
2. RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
o Secondary Sources
o Primary Sources
- Market Estimation Methodology
o Bottoms Up Approach
o Top Down Approach
- Data Validation and Triangulation
o Market Forecasting Model
o Limitations/Assumptions of the Study
7. GLOBAL DIGITAL THERAPEUTICS MARKET - ANALYSIS & FORECAST, BY END USERS
- Other End Users
9. COMPETETIVE LANDSCAPE
10. COMPANY PROFILES(Business Overview, Applications Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
Rapid Growth of the Asia Pacific Market
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increasing geriatric population, continuously growing economy, and increasing awareness regarding digital health, and increasing use of smartphone & internet is anticipated to present a lucrative growth scenario for the digital therapeutics market in this region. Furthermore, supportive government healthcare regulations and norms are expected to present an attractive growth prospect for the market in the coming years.
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