MarkNtel Advisors recently published a report, titled, ” Global Digital Therapeutics Market Digital Therapeutics Market – By Product (Software, Hardware), By Application (Preventive, Treatment), By Business Model (Business-to-Consumer [B2C], Business-to-Business [B2B]) and others. As per as the report The Global Digital Therapeutics Market is estimated to grow at a CAGR of around 20% during the forecast period, i.e., 2024-30.
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Global Digital Therapeutics Market Challenge:
Data Privacy & Security Challenges Limiting Adoption of Digital Therapeutics – Digital therapeutics depend heavily on the collection and analysis of extensive personal health data. However, this reliance introduces significant risks of unauthorized access and breaches within the complex digital ecosystem. These risks encompass various concerns, including unvetted or intrusive targeted advertising and the potential for making sensitive inferences about individuals’ behavior and health conditions based on their data. Particularly in the realm of mental health, where privacy & confidentiality are principal, these risks are amplified. Consequently, the apprehension surrounding data privacy & security is obstructing the acceptance and demand for digital therapeutics, adversely affecting the overall Digital Therapeutics Market.
Leading Companies in Global Digital Therapeutics Market:
Omada Health Inc., Google (Fitbit Health Solutions), 2Morrow® Inc., Teladoc Health. Inc. (Livongo), ResMed (Propeller Health), Aptar (Voluntis, Inc.), Welldoc, Inc., Canary Health, Noom, Inc., Biofourmis, Click Therapeutics, Better Therapeutics, Cognoa, CogniFit Inc., Virta Health, Others,.
Global Digital Therapeutics Market Segmentation:
By Product
-Software- Market Size & Forecast 2019-2030, USD Million
-Hardware- Market Size & Forecast 2019-2030, USD Million
By Application
-Preventive- Market Size & Forecast 2019-2030, USD Million
-Pre-Diabetes- Market Size & Forecast 2019-2030, USD Million
-Obesity- Market Size & Forecast 2019-2030, USD Million
-Smoking Cessation- Market Size & Forecast 2019-2030, USD Million
-Others (Hypertension, Sleep Hygiene, etc.) – Market Size & Forecast 2019-2030, USD Million
-Treatment/Care- Market Size & Forecast 2019-2030, USD Million
-Cardiovascular Diseases (CVDs)- Market Size & Forecast 2019-2030, USD Million
-Central Nervous System Diseases- Market Size & Forecast 2019-2030, USD Million
-Diabetes- Market Size & Forecast 2019-2030, USD Million
-Musculoskeletal Diseases- Market Size & Forecast 2019-2030, USD Million
-Others (Respiratory Diseases, Drug Substance Abuse, etc.) – Market Size & Forecast 2019-2030, USD Million
By Business Model
-Business-to-Consumer (B2C)- Market Size & Forecast 2019-2030, USD Million
-Business-to-Business (B2B)- Market Size & Forecast 2019-2030, USD Million
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By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
Key questions answered in the Global Digital Therapeutics Market are:
•What is Global Digital Therapeutics Market?
•What was the market size in 2023?
•What is the growth rate of the Global Digital Therapeutics Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Global Digital Therapeutics Market?
•What segments are covered in the Market?
•Who are the key players in the Global Digital Therapeutics Market?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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