Digital Therapeutics Market Industry Trends, Competitive Analysis, And Worldwide Industry Forecast To 2030

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Market Industry Reports
Digital Therapeutics Market by Application, End
Users - Global Analysis Forecast 2019-2030
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Digital Therapeutics Market by Application
(Obesity Diabetes Central Nervous System (CNS)
Disorders, Cardiovascular Diseases, Respiratory
Diseases, Medical Adherence, Smoking Cessation),
End Users (Providers, Payers Patients) - Global
Analysis Forecast 2019-2030
Digital Therapeutics Market
Market Industry Reports (MIR) has published a new
report titled Digital Therapeutics Market -
Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast, 20192030. According to
the report, the global digital therapeutics
market is anticipated to witness a double digit
CAGR from 2019 to 2030 and was valued at over US
140.0 Mn in 2018.    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.
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Digital Therapeutics Market by Application
(Obesity Diabetes Central Nervous System (CNS)
Disorders, Cardiovascular Diseases, Respiratory
Diseases, Medical Adherence, Smoking Cessation),
End Users (Providers, Payers Patients) - Global
Analysis Forecast 2019-2030
Rising Geriatric Population  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. As geriatric population requires constant
healthcare and services software on mobile or
remote monitoring enable better care and this has
been a major growth driver for the global digital
therapeutic industry. Treatment of several
conditions namely blood glucose monitoring,
diabetes, cardiovascular diseases have gained
immense popularity in recent times, which is
further anticipated grow in the coming
years. Browse key industry insights spread
across 150 pages with market data tables
figures charts from the report, Digital
Therapeutics Market by Application (Obesity
Diabetes Central Nervous System (CNS) Disorders,
Cardiovascular Diseases, Respiratory Diseases,
Medical Adherence, Smoking Cessation), End Users
(Providers, Payers Patients) - Global Analysis
Forecast 2019-2030 in detail along with the
table of contentshttps//www.marketindustryreport
s.com/62/digital-therapeutics-market
4
Digital Therapeutics Market by Application
(Obesity Diabetes Central Nervous System (CNS)
Disorders, Cardiovascular Diseases, Respiratory
Diseases, Medical Adherence, Smoking Cessation),
End Users (Providers, Payers Patients) - Global
Analysis Forecast 2019-2030
Increasing Use of Smartphones and
Internet Smartphones and internet have played a
pivot role in growth of digital therapeutics. As
healthcare has become costlier digital
therapeutics offer cost saving and reduce
hospital visits for patients.  Mobile
applications consultation offer better way of
providing care to patients suffering from chronic
diseases. Moreover, in 2017 US FDA approved
mobile application to support treatment of
substance use disorders (SUD). The mobile
application is used with outpatient therapy to
treat alcohol, cocaine, marijuana and stimulant
SUDs. Download free PDF sample Copy_at_
https//www.marketindustryreports.com/pdf/62 Lack
of Awareness Data Security to Restrain the
Market Lack of awareness and data security has
been affecting the growth of the digital
therapeutics industry inversely. Many patient and
physician are not aware of full potential of
digital therapeutics, the cost of the software
services also are another factor for less
adoption of digital therapeutic. Moreover, there
are more than 318,000 health-related apps
available to date, but most of them are not safe
and pose a threat to data of consumers and
healthcare professionals. These security threats
and lack of awareness are thereby, restraining
the growth of the market during the forecast
period.
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Digital Therapeutics Market by Application
(Obesity Diabetes Central Nervous System (CNS)
Disorders, Cardiovascular Diseases, Respiratory
Diseases, Medical Adherence, Smoking Cessation),
End Users (Providers, Payers Patients) - Global
Analysis Forecast 2019-2030
Table of content
1 INTRODUCTION 1.1 Research
Methodology 1.2 Market Definition 1.3
Market Ecosystem 1.3.1 Market
Classification 1.3.2 Geographic Scope 1.3.3
Years Considered for the Study 1.3.3.1
Historical Years 2016 2017
2 RESEARCH METHODOLOGY 2.1 Research
Framework 2.2 Data Collection Technique 2.3
Data Sources 2.3.1 Secondary
Sources 2.3.2 Primary Sources 2.4
Market Estimation Methodology 2.4.1 Bottoms
Up Approach 2.4.2 Top Down Approach
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herapeutics-market
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herapeutics-market
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