Digital Therapeutics market predicted to grow at a healthy CAGR during Forecast period 2019-2030


Posted May 30, 2019 by Tejask

The continual growth of the Digital Therapeutics market can be attributed to several factors, increasing use of smartphones and internet, increasing awareness related to digital health therapy, and rising number of chronic diseases.

 
A recent market intelligence study on the Digital Therapeutics market incorporates proprietary techniques and assessment tools to screen the Digital Therapeutics market for the forecast period, 2019-2030. Additionally, valuable insights pertaining to the market size, share and growth rate of this industry offers a greater chance of success for all – business owners, products, and innovative technology. Unbiased perspective on present day and yesteryear trends included in the research aims at saving the product owners from making wrong business decisions

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Market Industry Reports (MIR) has published a new report titled “Digital Therapeutics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global digital therapeutics market is anticipated to witness a double digit CAGR from 2019 to 2030 and was valued at over US$ 140.0 Mn in 2018.

The continual growth of the Digital Therapeutics market can be attributed to several factors, increasing use of smartphones and internet, increasing awareness related to digital health therapy, and rising number of chronic diseases & geriatric population. Kaiku Health, a Helsinki-based company offering digital patient monitoring and patient-reported outcome services, collaborated with Turku University Hospital & Amgen (Finland) to launch a digital symptom tracking for multiple myeloma, a type of bone marrow cancer. This digital health therapy would support and guide patients in their treatment regime. Moreover, need to curb the growing healthcare cost and provide better healthcare to population are other factors adding to the growth of the global digital therapeutics market between 2019 and 2030. To obtain better insights regarding the market scenario prominent players are increasingly focusing on collaborative initiatives with several institutes and research centers.

Read more about Digital Therapeutics Market @ http://www.digitaljournal.com/pr/4285654

The industry evaluation report offers a snapshot of the technology trends in the Digital Therapeutics industry for the forecast period, 2019 - 2030. Projected data on intangible aspects such an import and export status, supply chain management, distribution channel, consumption capability and production capacity are explained through resources including tables, charts, and graphic images. Analysis of both the strengths and weaknesses of the key market players help business owners understand the strategies they should avoid and endorse.

Prominent Players in the Digital Therapeutics Market
The prominent players in the global digital therapeutics market are Propeller Health Omada Health, Inc., Livongo Health Pear Therapeutics, Inc., , Inc, 2Morrow, Inc., Ginger.Io, Inc., Noom, Inc. Mango Health, Canary Health, Inc., and Proteus Digital Health among others.
The report not only empowers companies and individuals to understand the key characteristics of the target market but also the communication preferences. The audience can get the estimated size according to the number of sales in a specific region. By offering access to insights about the profit margin the study aims at improving the communication between the companies and potential customers. Armed with all required information on the recent development in the competitive landscape such as a joint venture, collaboration, acquisition and merger and product launch the study enables business owners to build a strong profile of their best buyers.

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• What are the major trends influencing customers’ lives and their buying behaviour?
• What type of customers buying the products and services from companies operating in the Digital Therapeutics market?
• How can brands best communicate with the customers they intend to target?
• When, where and how the customers want to use or consume the products or services?
• What are the recent developments in the competitive landscape to look out for during the estimated period?
• What will be the roadmap for the product manufacturers operating in the Digital Therapeutics industry for the forecast period, 2019 to 2030?

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Last Updated May 30, 2019