The digital biomarkers market offers with numerous opportunities for both clinical care stakeholders and technology vendors. There is an opportunity to collaborate new clinical studies capable of providing insights on both disease detection and symptom assessment. Digital biomarkers also offer with the opportunity to capture objective, clinically relevant data for detection of life-threatening neurodegenerative diseases in a timely and economical fashion.
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The start-up ecosystem is significantly being rewarded for developing data-to-insight companies. To put this to perspective, between January and October 2018, more than $18 billion was invested in digital health start-ups, an increase of 56% from the same period in 2017. Another expected major opportunity for new entrants in the digital biomarker space is the development of digital voice biomarker technology. Currently, there is no FDA-approved digital voice biomarker technology in the market.

Mobile Apps in Digital Biomarkers
▪As of 2018, there are about 350,000 mobile health apps in the market. The distribution is as follows
Fitness: 36%

Lifestyle and Stress: 17%
Diet and Nutrition: 12%
Disease Management: 9%
Women Health and Pregnancy: 7%
Medication Reminders: 6%
Healthcare Providers and Insurance Companies: 2%
Others: 11%

▪There are about 27,000 mobile apps that help in the capture of digital biomarkers, of which only 10% of apps connect to a device.

▪Only 405 apps in the digital biomarkers space are FDA-approved.

▪Only 10% of these apps are based on a paid subscription model, while remaining are freely available.

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