Digital therapeutics is the primary care or help given by physicians to make informed, timely, and accurate clinical diagnosis and decisions associated with patient care. Furthermore, the applications of digital therapeutics can efficiently allow physicians that allow primary care to track and monitor response to prescribed treatments, which ultimately helps to offer personalized medications and treatment to patients. Digital therapeutics is potential of improving the practice of primary care of patients. One of the key benefits of digital therapeutics is that it provides physicians to offer treatment to patient irrespective of time and place that surpasses the physical borders of hospital and clinic. Hence, primary care doctors can explore and make the best possible use of the advancements in technology and provide low-priced treatment that fill gaps in patient treatment.
New York, NY -- (SBWIRE) -- 10/13/2020 -- Digital therapeutics is also used by primary care to monitor medicine adherence and hence prevent further complications. There are several applications of DTx (digital therapeutics) that can proficiently assist the primary care doctor to monitor and check chronic health condition like diabetes. Few digital therapeutic programs that can monitor blood sugar level records, intake of medicines, diet, and required exercises. Recently, the efficacy of DTx applications in communicating behavioral alterations needed for lifestyle therapy in diabetes are being studied and reported.
Major Key Players of the Digital Therapeutics Market are:
Pear Therapeutics, Proteus Digital Health, 2Morrow, Omada Health, Livongo Health, Ginger.Io, Noom, Mango Health, Canary Health, and Propeller Health among others.
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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. 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. 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.
The population of geriatric population across the world has grown rapidly over the past several decades. Moreover, this growth has witnessed an unprecedented rate in recent times. In 2016, it was approximated that the population of individuals aged 65 years or older was 8.5% or 617 million of the entire world population. Furthermore, it is projected that the figure will witness an increment to 17% i.e. 1.6 billion by the end of 2050. Such rapid growth of geriatric population is anticipated to present a remunerative growth opportunity for the global digital therapeutics market in the coming times.
Major Applications of Digital Therapeutics Market covered are:
Obesity Diabetes Central Nervous System (CNS) Disorders
Cardiovascular Diseases
Respiratory Diseases
Medical Adherence
Smoking Cessation
Research objectives:-
– To study and analyze the global Digital Therapeutics consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Digital Therapeutics market by identifying its various sub-segments.
– Focuses on the key global Digital Therapeutics manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Digital Therapeutics with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Digital Therapeutics Market Size
2.2 Digital Therapeutics Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Digital Therapeutics Market Size by Manufacturers
3.2 Digital Therapeutics Key Players Head office and Area Served
3.3 Key Players Digital Therapeutics Product/Solution/Service
3.4 Date of Enter into Digital Therapeutics Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Digital Therapeutics Sales by Product
4.2 Global Digital Therapeutics Revenue by Product
4.3 Digital Therapeutics Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Digital Therapeutics Breakdown Data by End User
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In the end, Digital Therapeutics industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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