Pune, India -- (SBWIRE) -- 02/24/2020 -- The Digital Therapeutics market document includes historic data, present market trends, product consumption, environment, technological innovation, future prospects, upcoming technologies and the technical progress in the Healthcare industry. SWOT analysis and Porter's Five Forces Analysis are the two consistently and promisingly used tools for generating this report. Moreover, this data is also checked and verified by the market experts before publishing it into the market report and providing it to the client. Digital Therapeutics market document helps businesses decide upon various strategies such as production, marketing, sales or promotion for a particular product in the market or the new product to be launched.

Global Digital Therapeutics Systems Market is expected to rise from its initial estimated value of USD 198.03 million in 2018 to an estimated value of USD 1,365.70 million by 2026 registering a CAGR of 27.3% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising geriatric population over the world and pro-active government policies to support the improvement and application of digital therapeutics solutions.

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Few of the major market competitors currently working in global digital therapeutics market are Proteus Digital Health, Omada Health, Inc., WellDoc, Inc., 2Morrow Inc., Livongo Health, Propeller Health, Fitbit Health Solutions, CANARY HEALTH, Noom, Inc., Medtronic, Biogen, MindSciences, JINTRONIX, Virta Health Corp, and Dthera Sciences.

Market Definition:  Global Digital Therapeutics Systems Market

Digital therapeutic is a technology based health solution. This is also known as software-as-a-drug. This system utilizes digital and online health technologies for the treatment of various medical and psychological conditions. This is basically a type of app which helps patients and physicians to constant monitor the health data by modifying patient behavior and provides remote monitoring in order to improve the patients long-term health problems. This is basically a digital system used in the treatment of medical conditions. This is a cost effective solution and also have the potential to improve patient engagement and bring substantial change in patient health. This treatment solution is basically used to help and mange long term medical conditions which include asthma, insomnia, and diabetes.

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Segmentation:  Global Digital Therapeutics Systems Market

Digital Therapeutics Market : By Product

Pain Management Devices
Rehabilitation Devices
Respiratory Therapy Devices
Insulin Pumps

Digital Therapeutics Market : By Application

Preventive
Treatment/Care

Digital Therapeutics Market : By Sales Channel

Business-to-Consumer (B2C
Business-to-Business (B2B)

Digital Therapeutics Market : By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

Key Developments in the Digital Therapeutics Market :-

In September, 2018, Fitbit has launched Fitbit Care. Fitbit care is a wearable device which provides self-tracking and personalized digital solution to help improve disease management, prevention and wellness. This launch helps in the expansion of the company's digital therapeutics market

In November, 2017, Propeller Health entered into a strategic partnership with and Express Scripts to provide Propeller's FDA-cleared digital solution. This will help in strengthening the company position in the digital therapeutics market

Primary Respondents:-

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Customization of the Report:-

All segmentation provided above in this report is represented at country level

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Key questions answered in the report :-

What are the challenges being faced by the new entrants?

Which will be the Digital Therapeutics Market application and sorts and estimate joined intently by makers?

Which will be the dangers which will attack growth?

The length of the global Digital Therapeutics market opportunity?

How Digital Therapeutics Market share advance vacillations their value from various assembling brands?

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