Global Digital Therapeutics Market 2024 - 2030: Market Trends

The Global Digital Therapeutics Market is estimated to grow at a CAGR of around 20% during the forecast period, i.e., 2024-30.
Global Digital Therapeutics Market Driver:
Increasing Prevalence of Preventable Chronic Diseases to Infuse the Market Growth – There has been a significant prevalence of preventable chronic diseases, such as diabetes, cardiovascular diseases (CVDs), etc., across the globe. For instance, as per the International Diabetes Federation (IDF), worldwide, approximately 537 million adults aged between 20-79 years were living with diabetes in 2021. Further, the total number of patients with diabetes is projected to rise to 643 million by 2030 & 783 million by 2045.
Digital therapeutics assist patients to effectively manage diabetes by offering personalized management strategies, including blood glucose tracking & medication reminders. As a result, the demand for diabetes-based digital therapeutics, such as BlueStar by WellDoc, Livongo Diabetes Program, etc. has increased. This has further propelled the overall Digital Therapeutics Market.
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Key Market Reports Highlights
· Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
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Global Digital Therapeutics Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Product
- Software- Market Size & Forecast 2019-2030, USD Million
- Hardware- Market Size & Forecast 2019-2030, USD Million
- By Application
- Preventive- Market Size & Forecast 2019-2030, USD Million
- Pre-Diabetes- Market Size & Forecast 2019-2030, USD Million
- Obesity- Market Size & Forecast 2019-2030, USD Million
- Smoking Cessation- Market Size & Forecast 2019-2030, USD Million
- Others (Hypertension, Sleep Hygiene, etc.) - Market Size & Forecast 2019-2030, USD Million
- Treatment/Care- Market Size & Forecast 2019-2030, USD Million
- Cardiovascular Diseases (CVDs)- Market Size & Forecast 2019-2030, USD Million
- Central Nervous System Diseases- Market Size & Forecast 2019-2030, USD Million
- Diabetes- Market Size & Forecast 2019-2030, USD Million
- Musculoskeletal Diseases- Market Size & Forecast 2019-2030, USD Million
- Others (Respiratory Diseases, Drug Substance Abuse, etc.) - Market Size & Forecast 2019-2030, USD Million
- By Business Model
- Business-to-Consumer (B2C)- Market Size & Forecast 2019-2030, USD Million
- Business-to-Business (B2B)- Market Size & Forecast 2019-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Omada Health Inc., Google (Fitbit Health Solutions), 2Morrow® Inc., Teladoc Health. Inc. (Livongo), ResMed (Propeller Health), Aptar (Voluntis, Inc.), Welldoc, Inc., Canary Health, Noom, Inc., Biofourmis, Click Therapeutics, Better Therapeutics, Cognoa, CogniFit Inc., Virta Health, Others,
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