Digital Therapeutics Market size was valued at US$ 2.59 Bn. in 2020 and the total revenue is expected to grow at 31.4 % CAGR through 2021 to 2027, reaching nearly US$ 17.52 Bn.
Digital Therapeutics Market Overview:
A new research document titled, “ Digital Therapeutics Market” is released by MMR. The market study is a cautious attempt of the industry with strategic steps to the targets of the business environment and the ones that are tried to have an essential impression on the progression of the Digital Therapeutics market. AMA recognizes the following companies as the major players in the Digital Therapeutics market which include.
In this research, we discuss all market aspects. Positive aspects, constraints, possibilities, and prolems are all discussed in depth in the paper, and all data is gathered from press releases and yearly reports. The goal of the study is to propose a patent-based strategy for finding possible technology partners as a tool for encouraging open innovation. The report's market share research and comparison of the leading players allow users to take additional steps in their organization's growth or improvement.
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Digital Therapeutics Market Segmentation:
Based on sales channel, Digital Therapeutics market is segmented into B2B and B2C. B2B segment is expected to hold the largest share in the global Digital Therapeutics market during the forecast period. B2B is sub segmented into Providers, Payers, Employers, Pharmaceutical Companies and Other Buyers. A key element driving the growth of this market is pharmaceutical companies' propensity for integrating digital treatments with their medicinal products to provide adherence services. Furthermore, increased awareness of the benefits of digital pharmaceuticals among payers, employers, and providers has aided market expansion.
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Digital Therapeutics Market Key Players:
• Evolent Health, Inc. • Pear Therapeutics, Inc. • WellDoc Inc. • Nanobiosym, Inc. • Twine Health, Inc. • Mango Health Inc. • Canary Health Inc. • 2morrow Inc. • Propeller Health • Ginger.Io, Inc. • Noom Inc. • Livongo Health • Welldoc, Inc. • Omada Health, Inc. • Proteus Digital Health, Inc. • Akili Interactive Labs • Better Therapeutics • Happify • Kaia Health • Click Therapeutics • Wellthy Therapeutics • Cognoa • Ayogo Health
Europe (U.K., Germany, France, Italy)
Asia Pacific (China, India, Japan, Singapore, Malaysia, South Korea )
Latin America (Brazil, Mexico, Argentina, Chile)
Middle East & Africa (South Africa, Egypt, and Saudi Arabia)
The Digital Therapeutics market is very focused because of the nearness of many key organizations. The main Players are focusing on presenting new products/services and are constantly upgrading their existing offerings to keep pace with the overall industry.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Digital Therapeutics market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Digital Therapeutics market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally, the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting a prior appointment by targeting a key target audience that includes.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, Annual reports, press releases, etc.
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