Digital therapeutic (DTx) is commonly called as software for drugs and which deliver evidence based therapeutic interventions to patients that are driven by high quality software program to manage, prevent, or treat broad spectrum of mental, physical, and behavioral conditions. This is from an independent category of evidence based products within the broader healthcare landscape.
Increase in incidences of preventable chronic diseases considered as key driving factor which is expected to boost the global digital therapeutic (DTx) market growth. Furthermore, rise in emphasis on preventive healthcare will have the positive impact on market growth. Moreover, increase in number of venture capitalists that are investing in the market will fuel the market growth. In addition to that, increase in internet usage as well as dependency on smartphones, digital therapeutics (DTx) provide easy tracking and monitoring of patients and their vital stats without invention expected to propel the market growth during this forecast period.
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However, data safety and security is the major restraining factor which expected to hamper the global digital therapeutic (DTx) market growth. Also, lack of awareness and access to digital therapeutics programs in developing countries, and reluctance among patients to adopt digital therapeutics are some challenging factor which are expected to hinder the market growth.
Market Segmentation
Global Digital Therapeutic (DTx) Market is segmented into application such as Diabetes, CVD, Obesity, CNS Disease, Respiratory Diseases, Smoking Cessation, and Others. Further, market is segmented into end Use such as Patients, Providers, Payers, Employers, and Others.
Also, Global Digital Therapeutic (DTx) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as PROTEUS DIGITAL HEALTH, OMADA HEALTH, LIVONGO HEALTH, NOOM, WELLDOC, GINGER, PROPELLER HEALTH, 2MORROW, CANARY HEALTH, and MANGO HEALTH INC
Market Taxonomy
By Application
- Diabetes
- CVD
- Obesity
- CNS Disease
- Respiratory Diseases
- Smoking Cessation
- Others
By End Use
- Patients
- Providers
- Payers
- Employers
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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