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 Digital Therapeutics And Wellness Market Size and Share 2022 Industry Analysis by Future and Growth Forecast to 2028

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Global Digital Therapeutics and Wellness Market was valued at USD 4.14 Billion in 2021 and is expected to reach USD 15.50 Billion by the year 2028, at a CAGR of 20.41%.

Digital Therapy (DTx) is a category of digital health that the Digital Therapeutics Alliance refers to as products that provide evidence-based therapeutic engagement to patients using high-quality software programs to prevent, manage, or treat a medical condition. or disease. Digital therapies are different from digital medications or "smart pills," which combine a prescription medication with an ingestible sensor that is designed to communicate with a software application to track compliance. The development and increasingly dominant role of mobile technology and artificial intelligence (AI) in our daily lives have expanded the role of digital therapy and wellness in healthcare.

The major factor expected to drive the growth of the Digital Wellness and Therapeutics market during the forecast period includes the increasing penetration of smartphones in both developed and developing countries. Other important factors, such as the profitability of digital health technology for providers and patients, and the increasing demand for integrated health systems and patient-centric care, are expected to drive market growth during the analysis period.

Patients can receive evidence-based treatment interventions using digital therapies. It is used to manage, prevent or treat medical conditions through software applications and equipment. To deliver patient care and health outcomes, digital therapy software can be used alone or in conjunction with other therapies.The rising prevalence of preventable chronic diseases such as cancer and diabetes, the need to control healthcare costs, increased investments in digital medicines, and an increasing focus on preventative healthcare are driving market growth. of digital therapies.

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 Key Prominent Players In The Digital Therapeutics And Wellness Market:

  • Proteus Digital Health
  • Omada Health
  • Welldoc
  • AD
  • Omron
  • Qardio
  • Virgin Pulse
  • Livongo Health
  • Noom
  • Ginger
  • Propeller Health
  • 2morrow
  • Canary Health
  • Mango Health
  • My mHealth
  • Glytec
  • Proteus
  • Vida Health
  • Blue Mesa Health
  • Click Therapeutics
  • CureApp
  • Digital Therapeutics Inc
  • Akili Interactive Labs
  • AppliedVR
  • Brain Power
  • 7Cups
  • Calm
  • Fitbit
  • Onlife Health
  • Provant Health
  • WellDoc
  • Twine Health
  • Medtronic
  • Big Health and others major players.

Market segmentation

This research study comprises a comprehensive assessment of the market through far-reaching qualitative and quantitative insights and predictions. This report offers a classification of the market into imminent and niche sectors. Furthermore, this research study calculates the market size and its development drift at global, regional, and country levels from 2022 to 2028. This report contains the market breakdown and its revenue estimation by classifying it on the basis of product type, sales channel sales, application, and region. :

By Type         

  • Scales
  • Blood Pressure Monitors
  • Blood Glucose Monitoring System
  • Others

By Technology          

  • Cellular Technology
  • VR
  • Others

By End Use   

  • Cardiovascular Disease Hypertension
  • Diabetes Prediabetes
  • Obesity Weight Loss
  • Smoking Cessation
  • Others

By Region     

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

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An upcoming research report by Introspective Market Research (IMR) offers a comprehensive assessment of the major factors influencing the growth of the global Digital Therapeutics And wellness market. This document provides an in-depth assessment of several key elements such as trends, drivers, restraints, growth opportunities, and challenges in the market. Thus, the study functions as a trusted source of top-tier insights on the global Digital Therapeutics And Wellness market.

Impact of COVID-19 on the Digital Therapeutics And Wellness market

The COVID-19 pandemic significantly affected the market. An important factor related to COVID is an increase in demand for convenient and accessible digital health solutions. April 2020 guidelines released by the FDA indicated that for the duration of the pandemic, it will allow the distribution and use of therapeutic digital health devices for mental health disorders. Therefore, vendors can market their solutions without meeting the usual regulatory requirements, as long as the devices do not create an undue public health emergency. Increasing regulatory initiatives to drive standardization and RD in the market are anticipated during the forecast period.

Reasons to Purchase this Market Report:

  • Market forecast analysis through recent trends and SWOT analysis
  • Digital Therapeutics And Wellness Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
  • Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
  • Digital Therapeutics And Wellness Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
  • Competitive environment related to the Digital Therapeutics And Wellness market share for key players, along with new projects and strategies that players have adopted over the past five years

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