Digital therapeutics provides evidence-based treatment with software that replaces or complements existing treatment for a disease. It is a subdivision of digital health, and not all digital health solutions are digital therapeutics. The difference between digital health and digital therapeutics is based on the clinical outcomes of the patient. For instance, digital therapeutics does not include consumer health-oriented technologies such as pedometers and calorie counters. It is new types of healthcare products that uses digital technology to prevent, control, or treat medical conditions.
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By geography, North America is going to have a lucrative growth during the forecast period due to the increase in geriatric population, rise in incidences of chronic diseases, surge in demand for wireless & portable systems, and availability of sophisticated reimbursement structure that aims in reducing expenditure. Furthermore, the U.S. FDA released guidelines to expand the availability of digital health therapeutic devices for psychiatric conditions. Owing to this, the FDA intended to support individuals that were following home quarantine orders or practicing social distancing, without the need for in-clinic visits during the COVID-19 public health emergency. This would also ease burdens on healthcare facilities and reduce the risk of exposure to the virus.
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Some of the key players profiled in the Digital Therapeutics Market include 2Morrow, Inc., Akili Interactive Labs, Inc, Canary Health, Inc., Click Therapeutics, Inc, Happify, Inc, Kaia Health, Livongo Health, Inc, Mango Health, Inc., Medtronic Plc, Noom Health, Inc., Omada Health, Inc, Pear Therapeutics, Inc, Propeller Health, Proteus Digital Health, Inc, Twine Health, Inc., Voluntis, Inc, and Welldoc, Inc.
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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