Digital Therapeutics Market Industry Trends, Competitive Analysis, And
Worldwide Industry Forecast To 2030
The most recent examination on the Digital Therapeutics Market industry for the figure time
frame 2019 to 2030 mixes in the best of both subjective and quantitative research to evaluate the
significant main thrusts, limiting elements and openings molding the improvement of the Digital
Therapeutics market industry around the world. When contemplating the real drivers a cognizant
exertion is made to evaluate the ascent in the item request, changes in administrative strategies
and fluctuating costs of the crude material. Critically, the investigation measures the business
offer involved by the conspicuous merchants and offers a broad perspective on the developing
venture pocket in the Digital Therapeutics market industry around the world. Point by point
assessment of different viewpoints concerning the geology for the evaluated period shapes a
significant piece of the examination.
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.
Important players in Digital Therapeutics Market
Important players in the global digital therapeutics market are Pear Therapeutics, Inc., Proteus
Digital Health, Inc, 2Morrow, Inc., Omada Health, Inc., Livongo Health, Ginger.Io, Inc., Noom,
Inc. Mango Health, Canary Health, Inc., and Propeller Health among others.
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Rapid Growth of the Asia Pacific Market
Asia Pacific is gauged 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.
Lack of Awareness & Data Security to Restrain the Market
Lack of awareness and data security has been affecting the growth of the digital therapeutics
industry inversely. Many patient and physician are not aware of full potential of digital
therapeutics, the cost of the software & services also are another factor for less adoption of
digital therapeutic. Moreover, there are more than 318,000 health-related apps available to date,
but most of them are not safe and pose a threat to data of consumers and healthcare
professionals. These security threats and lack of awareness are thereby, restraining the growth of
the market during the forecast period.