Astute Analytica released a new market report on the Global Digital Therapeutics Market. This in-depth study of the Digital Therapeutics Market includes inputs, information, and data from primary and secondary sources that have been evaluated and verified by specialists in the target market.

Along with significant data and other pertinent information, the study evaluates the competitive landscape and global market growth trend based on the business overview and helps businesses and investment organizations better grasp the market’s growth characteristics.

The Global Digital Therapeutics Market size will grow from US$ 3,744.3 million in 2021 to US$ 24,143.3 million by 2030, registering a tremendous compound annual growth rate (CAGR) of 23.1% during the forecast period 2022 to 2030.

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Regional Analysis:

According to the United States, Bureau of Labor Statistics, healthcare employment is likely to grow 16% from 2020 to 2030, much faster than the average for all occupations, with about 2.6 million new jobs. This projected increase is primarily due to an aging population, which indicates a higher demand for healthcare services. In May 2021, the median annual wage for healthcare practitioners and technical sectors (such as registered nurses, physicians and surgeons, and dental hygienists) was US$ 75,040, which was higher than the economy’s median annual wage of US$ 45,760.

COVID-19 Impact:

Global COVID-19 cases have climbed above 516 million as of May 2022, and the death toll has exceeded 6.25 million. COVID-19 has disproportionately impacted specific racial and ethnic minority groups, as well as underserved and marginalized communities, highlighting the persistent challenges of health equity and health outcomes.

As sector players and the customers, they serve to adapt to a new world of remote working, virtual doctor visits, and a supply chain plagued by shortages of medical goods, employees, and services, the sector is reforming to become more customer-centric.’

Major Key Players in Global Mental Health Market are:

  • Livongo Health Inc.
  • Omada Health Inc.
  • Proteus Digital Health Inc.
  • Akili Interactive Labs Inc.
  • 2Morrow Inc.
  • Click Therapeutics Inc.
  • Happify Health
  • Kaia Health
  • Teladoc Health Inc.
  • Medtronic
  • Pear Therapeutics Inc.
  • ResMed and Voluntis

Segmental Analysis:

The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the Digital Therapeutics Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market’s overall size.

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Segmentation Overview 

By Component

  • Hardware
  • Software 
  • Services

By Application

  • Preventive Applications
    • Prediabetes​
    • Obesity​
    • Nutrition​
    • Lifestyle Management​
    • Others​
  • Treatment/Care-related Applications​
    • Diabetes​
    • CNS Disorders​
    • Mental Health Disorder
    • Other CNS Disorders​
    • Chronic Respiratory Disorders​
    • Musculoskeletal Disorders​
    • Cardiovascular Diseases
    • Smoking Cessation​
    • Medication Adherence​
    • Gastrointestinal Disorders​
    • Substance Use & Addiction Management​
    • Rehabilitation & Patient Care​

 By Sales Channel

  • Business-to-business (B2B)
    • Employer
    • Healthcare Provider
    • Payers
    • Pharmaceutical Companies
    • Others
  • Business-to-consumer (B2C)
    • Patient
    • Caregiver

By Region 

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Poland
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA
  • South America
    • Argentina
    • Brazil
    • Rest of South America

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About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

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