Digital Therapeutics Market Outlook, Specifications, Drivers and
Market Threats Forecasts To 2025
“The Global Digital Therapeutics Market is estimated to develop at a
substantial CAGR for the duration of the prediction period. The market
research report delivers an exceptional means for assessing the market,
emphasizing openings, and backing up the planned and calculated
policymaking.”
Industry Insights
The Global Digital Therapeutics Market size was estimated at USD 1.7 billion in 2016. Digital therapeutics is a
subset of digital health and is used to track health conditions and self-management of a medical condition. A
significant change in the usage of digital technology has created cognizance among users and has allowed
increasing adoption of these services. Moreover, there has been increased burden of the chronic diseases that
requires effective treatment and management. There are a lot of services provided by digital therapeutics that
aid in embracing healthy habits and allow efficient tracking and management of conditions. Digital therapeutics
is thus estimated to grow at a fast rate owing to increasing adoption among patients and other end users.
There has been a significant rise in internet usage among people which has been one of the significant drivers
for the digital therapeutic market. Moreover, the treatment associated with the digital therapeutics is popular
which is further adding to the growth of the digital therapeutic market. Chronic diseases are major problems
and act as threats to the economy leading to high healthcare expenditure. For instance, according to the CDC,
about 50 % of the adult population were suffering from the chronic diseases in 2012. As chronic diseases like
diabetes, obesity and other respiratory problems are well managed with the help of the digital therapeutics
they are being used on an increasing level.
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