New York, NY -- (SBWire) -- 02/25/2020 --Market Industry Reports (MIR) has published a new report titled "CNS Digital Therapeutics Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the CNS digital therapeutics market is estimated to be over US$ 737.5 Mn in 2018. It is anticipated to grow at a 31.6% CAGR from 2019 to 2030.
The significant growth of the market can be attributed to rising prevalence of neurological disorders such as alzheimer's and currently there is no marketed medicine for the disease and that has added up to the burden on the healthcare system. Moreover, factors such as, reduction in healthcare costs, patient convenience and user-friendliness of the digital therapeutics application are anticipated to boost the growth of the market over the forecast period. Furthermore, the rising on investing for development of CNS digital therapeutics device by major companies across the globe to introduce new devices for CNS disorders along with faster FDA approval of these devices.
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Top Kay Players:
The prominent players in the CNS digital therapeutics market are Pear Therapeutics, Inc., Dthera Sciences, Akili Interactive Labs, Inc, Epicadence, CLICK THERAPEUTICS, INC., Cognoa, GAIA AG, MindSciences, Brainmarc and MedRhythms among others.
North America holds the largest market share owing to technologically advanced medical infrastructure increase in the incidences of chronic diseases and increase in geriatric population is anticipated to lead the growth in this region in the forecast period. Moreover improving reimbursement structure that aims in reducing healthcare expenditure and increasing investment in CNS digital therapeutic devices through government funding's are a key growth factors for the growth of the market.
Some Points From TOC:
8. GLOBAL CNS DIGITAL THERAPEUTICS MARKET- ANALYSIS & FORECAST, BY REGION
- North America CNS Digital Therapeutics Drugs Market
1. North America CNS Digital Therapeutics Market, By Country
2. North America CNS Digital Therapeutics Market Analysis & Forecast, By Disease Indication
3. North America CNS Digital Therapeutics Market Analysis & Forecast, By End User
- Europe CNS Digital Therapeutics Market
1. Europe CNS Digital Therapeutics Market, By Country/Region
2. Europe CNS Digital Therapeutics Market Analysis & Forecast, By Disease Indication
3. Europe CNS Digital Therapeutics Market Analysis & Forecast, By End User
- Asia Pacific CNS Digital Therapeutics Market
1. Asia Pacific CNS Digital Therapeutics Market, By Country/Region
2. Asia Pacific CNS Digital Therapeutics Market Analysis & Forecast, By Disease Indication
3. Asia Pacific CNS Digital Therapeutics Market Analysis & Forecast, By End User
- Rest of the World (ROW) CNS Digital Therapeutics Market
1. Rest of the World CNS Digital Therapeutics Market , By Country/ Region
2. Rest of the World CNS Digital Therapeutics Market Analysis & Forecast, By Disease Indication
3. Rest of the World CNS Digital Therapeutics Market Analysis & Forecast, By End User
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CNS Digital Therapeutics Market Is Anticipated to Grow at a 31.6% CAGR from 2019 to 2030 - Pear Therapeutics, Dthera Sciences, Akili Interactive Labs
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