Digital Therapeutics Market worth $17.7 billion by 2027 - Exclusive Report by MarketsandMarkets™


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Uploaded on Dec 12, 2022

Growth in this market is primarily driven by the government initiatives to support technological developments, and advancements in the field of digital therapeutics to curb growing healthcare costs. On the other hand, reluctance among patients to adopt digital therapeutics, and unstable payment models are challenging the growth of this market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=51646724

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Digital Therapeutics Market worth $17.7 billion by 2027 - Exclusive Report by MarketsandMarkets™

Digital Therapeutics (DTx) Market Global Forecast to 2027 Digital Therapeutics (DTx) Market is expected to reach $17.7 Billion by 2027 Growing at a CAGR of 31.6% (2022 – 2027) Request Sample DIGITAL THERAPEUTICS (DTX) MARKET WORTH $17.7 BILLION BY 2027 MARKET TWO OF THE KEY CAGR of 31.6 KEY MARKET OPPORTUNITY OVER DRIVERS OF THE 2022-2027 PLAYERSNEXT 5 YEA1R7S.7 MARKET WILL BE:  CAGR 5 Bn Noom, Inc (US)4  Teladoc Health, Inc. (US)  Need to control 3 4.5 Bn  Omada Health, Inc. (US) healthcare costs2 1 0 2022 2027 MARKET North America commanded SEGMENTATION the largest share of the BY EQUIPMENT digital therapeutics market CATEGORY:  By application, treatment/care-related applications form the Growth in this market is largest segment of the primarily driven by the digital therapeutics government initiatives to market support technological  The B2B segment is the developments, and largest and fastest- advancements in the field of growing segment of the digital therapeutics to curb market during the growing healthcare costs. forecast period. Medical Device Reprocessing Market worth $3.9 billion by 2027 The report "Digital Therapeutics (DTx) Market by Application (Prediabetes, Nutrition, Care, Diabetes, CVD, CNS, CRD, MSD, GI, Substance Abuse, Rehabilitation), Sales Channel B2C (Patient, Caregiver), B2B ( Providers, Payer, Employer, Pharma) - Global Forecasts to 2027" , is projected to reach USD 17.7 billion by 2027 from USD 4.5 billion in 2022, at a CAGR of 31.6%. Browse 190 market data Tables and 33 Figures spread through 231 Pages and in-depth TOC on "Digital Therapeutics (DTx) Market by Application (Prediabetes, Nutrition, Care, Diabetes, CVD, CNS, CRD, MSD, GI, Substance Abuse, Rehabilitation), Sales Channel B2C (Patient, Caregiver), B2B ( Providers, Payer, Employer, Pharma) - Global Forecasts to 2027“ View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/digital-therapeutics-market-51646724.html Medical Device Reprocessing Market worth $3.9 billion by 2027 The digital therapeutics market is mainly driven by factors such as increasing investments in digital therapeutics, rising incidence of preventable chronic diseases, increasing government initiatives to support technological developments, and developments in the field of digital therapeutics to curb growing healthcare costs. However, hesitancy among patients to adopt digital therapeutics, and uneven payment models are challenging the growth of this market. Treatment/care-related applications segment is expected to account for the largest share of the digital therapeutics market in 2022 Based on application digital therapeutics market is segmented into preventive and treatment/care-related applications. The treatment/care-related applications segment is expected to hold the largest share of this market in 2022. The growth of this segment is primarily attributed to the increasing healthcare costs, the rising prevalence of chronic diseases, and the ability of digital therapeutics to deliver cost-effective solutions. Medical Device Reprocessing Market worth $3.9 billion by 2027 B2B segment is estimated to account for the largest share of the digital therapeutics market Based on sales channel, digital therapeutics market is segmented into business-to-customer (B2C) and business-to-business (B2B). The B2B segment is estimated to account for the largest share of the digital therapeutics market in 2022. Factors such as increasing partnership between many leading digital therapeutics provider companies and payers, providers, and employers to enhance their customer base are driving the B2B sales of digital therapeutics solutions. North America is expected to hold the largest share of the digital therapeutics market in 2022 The digital therapeutics market has been segmented into four main regional segments: North America, Europe, the Asia Pacific, and Rest of the World. North America is expected to hold the largest share of this market, followed by Europe in 2022. The market in North America is also expected to grow at the highest CAGR. The large share can be attributed to the rising number of new start-ups in digital therapeutics market and slowly developing reimbursement structures for digital therapeutics solutions. Medical Device Reprocessing Market worth $3.9 billion by 2027 Prominent players in the digital therapeutics market include Noom, Inc (US), Teladoc Health, Inc. (US), Omada Health, Inc. (US), WellDoc, Inc (US), Pear Therapeutics, Inc. (US), CogniFit Inc (US), Ginger (US), Propeller Health (US), 2Morrow, Inc. (US), Canary Health (US), Click Therapeutics, Inc. (US), Akili, Inc. (US), Cognoa, Inc (US), Wellthy Therapeutics Pvt. Ltd. (India), Twill Inc. (US), Better Therapeutics, Inc (US), Mindstrong (US), Kaia Health (Germany), BehaVR Inc (US), Ayogo (Canada), Mindable Health GmbH (Germany), Virta Health Corp (US), Hinge Health, Inc. (US), Orexo AB (Sweden) and Freespira (US). Don’t miss out on business opportunities in Digital Therapeutics (DTx ) Market. Speak to our analyst and gain crucial industry insights that will help your business grow. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. 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