Digital Therapeutics Market
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PUBLISHED: 2021 ID: SMRC20920
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Digital Therapeutics Market Forecasts to 2028 – Global Analysis By Product Type (Device, Software), Application (Preventive Applications, Treatment/Care-related Applications) and By Geography

4.1 (94 reviews)
4.1 (94 reviews)
Published: 2021 ID: SMRC20920

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Digital Therapeutics Market is accounted for $3.50 billion in 2020 and is expected to reach $16.62 billion by 2028 growing at a CAGR of 21.5% during the forecast period. Significant increase in venture capital investments, growing focus on preventive healthcare, rising incidence of preventable chronic diseases are the major factors propelling the market growth. However, patient data privacy concerns, resistance from traditional healthcare providers, and reluctance among patients to adopt digital therapeutics are hampering the market growth.

Digital therapeutics provides evidence-based treatment with software that replaces or complements existing treatment for a disease. It is a subdivision of digital health, and not all digital health solutions are digital therapeutics. The difference between digital health and digital therapeutics is based on the clinical outcomes of the patient. For instance, digital therapeutics does not include consumer health-oriented technologies such as pedometers and calorie counters. It is new types of healthcare products that uses digital technology to prevent, control, or treat medical conditions.

Based on product type, the software segment is estimated to have a lucrative growth due to the rise in demand for reducing healthcare costs across the world. This gives immense opportunities to developers to use existing software and develop new and advanced features to make them more effective and affordable. Thus, this factor is anticipated to help in increasing the digital therapeutics market size in the near future.

By geography, North America is going to have a lucrative growth during the forecast period due to the increase in geriatric population, rise in incidences of chronic diseases, surge in demand for wireless & portable systems, and availability of sophisticated reimbursement structure that aims in reducing expenditure. Furthermore, the U.S. FDA released guidelines to expand the availability of digital health therapeutic devices for psychiatric conditions. Owing to this, the FDA intended to support individuals that were following home quarantine orders or practicing social distancing, without the need for in-clinic visits during the COVID-19 public health emergency. This would also ease burdens on healthcare facilities and reduce the risk of exposure to the virus.

Some of the key players profiled in the Digital Therapeutics Market include 2Morrow, Inc., Akili Interactive Labs, Inc, Canary Health, Inc., Click Therapeutics, Inc, Happify, Inc, Kaia Health, Livongo Health, Inc, Mango Health, Inc., Medtronic Plc, Noom Health, Inc., Omada Health, Inc, Pear Therapeutics, Inc, Propeller Health, Proteus Digital Health, Inc, Twine Health, Inc., Voluntis, Inc, and Welldoc, Inc.
 
Product Types Covered:
• Device
• Software

Sales Channels Covered:
• Business-to-Consumer (B2C)
• Business-to-Business (B2B)

Applications Covered:
• Preventive Applications
• Treatment/Care-related Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary          
            
2 Preface      
     
 2.1 Abstract          
 2.2 Stake Holders         
 2.3 Research Scope         
 2.4 Research Methodology        
  2.4.1 Data Mining        
  2.4.2 Data Analysis        
  2.4.3 Data Validation        
  2.4.4 Research Approach        
 2.5 Research Sources         
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions        
            
3 Market Trend Analysis         
 3.1 Introduction         
 3.2 Drivers          
 3.3 Restraints          
 3.4 Opportunities         
 3.5 Threats          
 3.6 Product Analysis         
 3.7 Application Analysis        
 3.8 Emerging Markets         
 3.9 Impact of Covid-19         
            
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry         
            
5 Global Digital Therapeutics Market, By Product Type      
 5.1 Introduction         
 5.2 Device          
 5.3 Software          
            
6 Global Digital Therapeutics Market, By Sales Channel      
 6.1 Introduction         
 6.2 Business-to-Consumer (B2C)        
  6.2.1 Caregivers        
  6.2.2 Patients         
 6.3 Business-to-Business (B2B)        
  6.3.1 Employers        
  6.3.2 Healthcare Provider        
  6.3.3 Payers         
  6.3.4 Pharmaceutical Companies       
            
7 Global Digital Therapeutics Market, By Application       
 7.1 Introduction         
 7.2 Preventive Applications        
  7.2.1 Lifestyle Management       
  7.2.2 Nutrition         
  7.2.3 Obesity         
  7.2.4 Prediabetes        
 7.3 Treatment/Care-related Applications       
  7.3.1 Cardiovascular Disease (CVD)       
  7.3.2 Central Nervous System (CNS) Disorders (Mental Health Disorder)   
  7.3.3 Chronic Respiratory Disorders       
  7.3.4 Diabetes         
  7.3.5 Gastrointestinal Disorder (GID)      
  7.3.6 Medication Adherence       
  7.3.7 Musculoskeletal Disorders       
  7.3.8 Rehabilitation & Patient Care       
  7.3.9 Smoking Cessation        
  7.3.10 Substance Use & Addiction Management      
            
8 Global Digital Therapeutics Market, By Geography        
 8.1 Introduction         
 8.2 North America         
  8.2.1 US         
  8.2.2 Canada         
  8.2.3 Mexico         
 8.3 Europe          
  8.3.1 Germany         
  8.3.2 UK         
  8.3.3 Italy         
  8.3.4 France         
  8.3.5 Spain         
  8.3.6 Rest of Europe        
 8.4 Asia Pacific         
  8.4.1 Japan         
  8.4.2 China         
  8.4.3 India         
  8.4.4 Australia         
  8.4.5 New Zealand        
  8.4.6 South Korea        
  8.4.7 Rest of Asia Pacific        
 8.5 South America         
  8.5.1 Argentina        
  8.5.2 Brazil         
  8.5.3 Chile         
  8.5.4 Rest of South America       
 8.6 Middle East & Africa        
  8.6.1 Saudi Arabia        
  8.6.2 UAE         
  8.6.3 Qatar         
  8.6.4 South Africa        
  8.6.5 Rest of Middle East & Africa       
            
9 Key Developments          
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 9.2 Acquisitions & Mergers        
 9.3 New Product Launch        
 9.4 Expansions         
 9.5 Other Key Strategies        
            
10 Company Profiling          
 10.1 2Morrow, Inc.         
 10.2 Akili Interactive Labs, Inc        
 10.3 Canary Health, Inc.         
 10.4 Click Therapeutics, Inc        
 10.5 Happify, Inc         
 10.6 Kaia Health         
 10.7 Livongo Health, Inc         
 10.8 Mango Health, Inc.         
 10.9 Medtronic Plc         
 10.10 Noom Health, Inc.         
 10.11 Omada Health, Inc         
 10.12 Pear Therapeutics, Inc        
 10.13 Propeller Health         
 10.14 Proteus Digital Health, Inc        
 10.15 Twine Health, Inc.         
 10.16 Voluntis, Inc         
 10.17 Welldoc, Inc         


List of Tables           
1 Global Digital Therapeutics Market Outlook, By Region (2019-2028) ($MN)    
2 Global Digital Therapeutics Market Outlook, By Product Type (2019-2028) ($MN)    
3 Global Digital Therapeutics Market Outlook, By Device (2019-2028) ($MN)    
4 Global Digital Therapeutics Market Outlook, By Software (2019-2028) ($MN)    
5 Global Digital Therapeutics Market Outlook, By Sales Channel (2019-2028) ($MN)    
6 Global Digital Therapeutics Market Outlook, By Business-to-Consumer (B2C) (2019-2028) ($MN)  
7 Global Digital Therapeutics Market Outlook, By Caregivers (2019-2028) ($MN)    
8 Global Digital Therapeutics Market Outlook, By Patients (2019-2028) ($MN)    
9 Global Digital Therapeutics Market Outlook, By Business-to-Business (B2B) (2019-2028) ($MN)  
10 Global Digital Therapeutics Market Outlook, By Employers (2019-2028) ($MN)    
11 Global Digital Therapeutics Market Outlook, By Healthcare Provider (2019-2028) ($MN)   
12 Global Digital Therapeutics Market Outlook, By Payers (2019-2028) ($MN)    
13 Global Digital Therapeutics Market Outlook, By Pharmaceutical Companies (2019-2028) ($MN)  
14 Global Digital Therapeutics Market Outlook, By Application (2019-2028) ($MN)    
15 Global Digital Therapeutics Market Outlook, By Preventive Applications (2019-2028) ($MN)   
16 Global Digital Therapeutics Market Outlook, By Lifestyle Management (2019-2028) ($MN)   
17 Global Digital Therapeutics Market Outlook, By Nutrition (2019-2028) ($MN)    
18 Global Digital Therapeutics Market Outlook, By Obesity (2019-2028) ($MN)    
19 Global Digital Therapeutics Market Outlook, By Prediabetes (2019-2028) ($MN)    
20 Global Digital Therapeutics Market Outlook, By Treatment/Care-related Applications (2019-2028) ($MN) 
21 Global Digital Therapeutics Market Outlook, By Cardiovascular Disease (CVD) (2019-2028) ($MN)  
22 Global Digital Therapeutics Market Outlook, By Central Nervous System (CNS) Disorders (Mental Health Disorder) (2019-2028) ($MN)
23 Global Digital Therapeutics Market Outlook, By Chronic Respiratory Disorders (2019-2028) ($MN)  
24 Global Digital Therapeutics Market Outlook, By Diabetes (2019-2028) ($MN)    
25 Global Digital Therapeutics Market Outlook, By Gastrointestinal Disorder (GID) (2019-2028) ($MN)  
26 Global Digital Therapeutics Market Outlook, By Medication Adherence (2019-2028) ($MN)   
27 Global Digital Therapeutics Market Outlook, By Musculoskeletal Disorders (2019-2028) ($MN)   
28 Global Digital Therapeutics Market Outlook, By Rehabilitation & Patient Care (2019-2028) ($MN)  
29 Global Digital Therapeutics Market Outlook, By Smoking Cessation (2019-2028) ($MN)   
30 Global Digital Therapeutics Market Outlook, By Substance Use & Addiction Management (2019-2028) ($MN) 
            
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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