Global Digital Therapeutic (DTx) Market is Expected to Grow at 23.4% in the Forecast Period of 2021 to 2028

Digital Therapeutic (DTx) Market is growing with factors such as increasing prevalence of chronic disease, rising awareness by government agencies. However, digital payment associated with digital therapeutics may obstruct the growth of the market in the given forecast period.

Global Digital Therapeutic (DTx) Market Scenario                   

According to Data Bridge Market Research, the market for digital therapeutic (DTx) in Asia-Pacific region has the highest market share in digital therapeutic (DTx) market. Market leader is Fitbit, Inc., Livongo, which accounts an estimated market share of approximately 23.61% and 19.73%. The company has gained outstanding sale through providing digital therapeutic (DTx) product.

  • In August 2020, Fitbit Sense, the company’s most advanced health smartwatch, bringing innovative sensor and software technology with the world’s first electrodermal activity (EDA) sensor on a smartwatch to help manage stress, along with advanced heart rate tracking technology, a new ECG app, and an on-wrist skin temperature sensor, all powered by 6+ days of battery life. The new product will let to increase in more customers and gain profits.

Digital Therapeutic (DTx) MarketTrends Impacting the Market

Now the question is which other regions Fitbit, Inc., Livongo and ResMed are targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific digital therapeutic (DTx) market and the market leaders targeting Japan, China and India to be their next revenue pockets for 2021.

The digital therapeutic (DTx) market is becoming more competitive with companies such as Fitbit, Inc., Livongo and ResMed as they are the top dominating companies in digital therapeutic (DTx) having maximum number of products. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the global digital therapeutic (DTx) market.

For more analysis on the global digital therapeutic (DTx) market request for a briefing with our analysts

Global Digital therapeutic (DTx) Market Development

  • In October 2021, Livongo entered into a partnership with Guidewell Mutual Holding Corporation. With this, Livongo will have access to it select members. Livongo will be able to access Guidewell consumers with diabetes and will help plan their health care journey. The members will have an end-to-end virtual care experience including connected devices, advanced data science, and telehealth. This will help the company in gaining more customers.

Scope of the Global Digital therapeutic (DTx) Market

Global Digital therapeutic (DTx) Market is segmented on the basis of geography into U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, Rest of Europe, Japan, China, Australia, India, South Korea, Singapore, Indonesia, Thailand, Malaysia, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, South Africa, UAE, Israel, Egypt and Rest of Middle East and Africa.

All country-based analysis of global digital therapeutic (DTx) market is further is categorized into four segments which are product and service type, application, purchase mode and sales channel. On the basis of product and service type, the digital therapeutic (DTx) market is segmented into hardware products, solutions/software and service. On the basis of application, the digital therapeutic (DTx) market is segmented into treatment/care-related applications and preventive applications. On the basis of purchase mode, the digital therapeutic (DTx) market is segmented into group purchase organization and individual. On the basis of sales channel, the digital therapeutic (DTx) market is segmented into B2B and B2C.

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Key Pointers Covered in Global Digital Therapeutic (DTx) Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries

Key Market Competitors Covered in the Report

  • Akili Interactive Labs, Inc.
  • 2Morrow Inc.
  • Ayogo Health Inc.
  • Ginger
  • Click Therapeutics, Inc.
  • Cognoa
  • Better Therapeutics, Inc
  • CogniFit
  • Kaia Health
  • Happify, Inc.
  • Mindstrong Health
  • Natural Cycles USA Corp
  • Noom, Inc.
  • Omada Health, Inc.
  • Welldoc, Inc.
  • Smartpatient gmbh
  • Wellthy Therapeutics Pvt Ltd
  • Pear Therapeutics, Inc.
  • Voluntis
  • Livongo
  • ResMed
  • Fitbit, Inc.

Above are the key players covered in the report, to know about more and exhaustive list of Digital therapeutic (DTx) market companies’, contact us

Research Methodology: Global Digital Therapeutic (DTx) Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Researchers, Scientists, Doctors, Manufacturers, Distributors and Industrial Professionals.
  • Supply Side: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and National Sales Managers among others.

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