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Middle East and Africa Prescription Digital Therapeutics (PDTx) Market – Industry Trends and Forecast to 2030

  • Pharmaceutical
  • Upcoming Report
  • Feb 2023
  • MEA
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Middle East and Africa Prescription Digital Therapeutics (PDTx) Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 17.01 Million
Diagram Market Size (Forecast Year) USD 74.61 Million
Diagram CAGR %

Middle East and Africa Prescription Digital Therapeutics (PDTx) Market, By Mechanism (Input Mechanisms, Output Mechanisms), Category (Medication Augmentation, Medication Replacement), Treatment (Outpatient Treatment, Monotherapy), Software (Software For Respiratory Conditions, Software For Mental Health, Software For Opioid Use Disorder, Software For Diabetes, Others), Services (Behavioral Microservices, Medical Microservices), App Accessibility (Android, iOS, Windows), App Type (Native Apps, Web Apps), Application (Substance Use Disorder (SUD), Opioid Use Disorder (OUD), Attention Deficit/Hyperactivity Disorder (ADHD), Alzheimer’s Disease, Major Depressive Disorder (MDD), Insomnia, Epilepsy, Movement Disorder, Multiple Sclerosis, Migraine, Autism Spectrum Disorder, Oncology, Inflammation, Respiratory, Cardiovascular, Pain Management, Metabolic Conditions, Others), Patients (Children, Adults) – Industry Trends and Forecast to 2030.

Middle East and Africa Prescription Digital Therapeutics (PDTx) Market Analysis and Size

Prescription digital therapeutics (PDTx) will increase the healthcare industry’s pursuit of value-based care, virtual care, and personalized medicine. It is developed as a boon for a number of diseases such as ADHD, major depressive disorder (MDD), opioid use disorder (OUD), substance use disorder (SUD), insomnia, epilepsy, autism spectrum disorder, multiple sclerosis, and cardiovascular disease. Presently, numerous research & clinical studies are going on which is anticipated to create a competitive advantage for numerous manufacturers to develop new and innovative technology.

Data Bridge Market Research analyses a growth rate in the prescription digital therapeutics (PDTx) market in the forecast period 2023-2030. The expected CAGR of prescription digital therapeutics (PDTx) market is tend to be around 20.3% in the mentioned forecast period. The market is valued at USD 17.01 million in 2022, and it would grow upto USD 74.61 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Middle East and Africa Prescription Digital Therapeutics (PDTx) Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Mechanism (Input Mechanisms, Output Mechanisms), Category (Medication Augmentation, Medication Replacement), Treatment (Outpatient Treatment, Monotherapy), Software (Software For Respiratory Conditions, Software For Mental Health, Software For Opioid Use Disorder, Software For Diabetes, Others), Services (Behavioral Microservices, Medical Microservices), App Accessibility (Android, iOS, Windows), App Type (Native Apps, Web Apps), Application (Substance Use Disorder (SUD), Opioid Use Disorder (OUD), Attention Deficit/Hyperactivity Disorder (ADHD), Alzheimer’s Disease, Major Depressive Disorder (MDD), Insomnia, Epilepsy, Movement Disorder, Multiple Sclerosis, Migraine, Autism Spectrum Disorder, Oncology, Inflammation, Respiratory, Cardiovascular, Pain Management, Metabolic Conditions, Others), Patients (Children, Adults)

Countries Covered

Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Market Players Covered

ResMed (U.S.), SAMSUNGHEALTHCARE (South Korea), Biofourmis (U.S.), Novartis AG (Switzerland), Medtronic (Ireland), Pear Therapeutics, Inc. (U.S.), Voluntis (France), Omada Health, Inc. (U.S.), GAIA AG (Germany), Welldoc’s Bluestar (U.S.), Solera Network (U.S.), Akili Interactive Labs, Inc. (U.S.), Better Therapeutics, LLC (U.S.), BigHealth (U.S.), Biofourmis (U.S.), Click Therapeutics, Inc. (U.S.), Happify, Inc. (U.S.), Limbix Health, Inc. (U.S.), Naturalcycles Nordic AB (Sweden), NuvoAir AB (Sweden), Sensyne Health plc. (U.K.), Xealth (U.S.)

Market Opportunities

Market Definition

Prescription digital therapies is a kind of software that is used to treat numerous ailments. Artificial intelligence, diverse algorithms, and virtual reality are widely used to develop these therapeutic instruments. Patients sometimes use prescription digital therapeutics software and services to get any form of treatment they needed it.  These medicines are tightly regulated by the FDA and other regulatory authorities and can only be used with an appropriate prescription from a doctor.

Middle East and Africa Prescription Digital Therapeutics (PDTx) Market Dynamics

Drivers

  • Feasibility of Privacy and Security

With strict regulatory measures around PHI (Personal Health Information) data, all the market players are involved in developing and using digital therapeutics that must strive to preserve the privacy and security of the data collected. For instance, several manufacturers must stick to HIPAA (Health Insurance Portability and Accountability Act) regulations to protect the privacy of patients’ data based on a standardized security framework and work with HITRUST (Health Information Trust Alliance) certified to ensure regulatory compliance of data flows. Therefore, this factor increases the growth of the market.

  • Developing Pipeline for Potential Products

A major pipeline of potential items estimated to be released throughout the forecast period is expected to have beneficial opportunities for the prescription digital therapeutics (PDTx) market growth. For instance, Pear-011 (anxiety GAD), Pear-015 (depression MDD), which are used in the treatment of adults suffering from chronic insomnia and depression, and CT-155 (schizophrenia), CT-152 (major depressive disorder), which are used in the treatment of adults with depression and schizophrenia, are products of potential pear therapeutics clinical therapeutics products in phase III. This factor improves the market growth.

Opportunities

  • Increased Research Activities

The research activities associated with the prescription digital therapeutics is increasing and thus boosting the market's growth. For instance, NuvoAir AB has been certified as Class Im medical device in August 2020. The company has achieved this certification due to its advanced features involving certified bluetooth spirometer, combined with the healthcare portal and connected patient app. This certification has improved the brand value among the physicians and patients. Thus, this factor created much opportunity for the market growth.

  • Affordability of Prescription Digital Therapeutics (PDTx)

PDTx solutions are not expensive and cheaper and more easily available than other processes such as surgeries. Their value must be visible through their effectiveness, experience, and ability to reduce other expenses. Hence, this factor helps to create much opportunities for the growth of the market.

Restraints/Challenges

  • Difficulty in Adaptation of Digital Therapeutics by Doctors

Not all doctors and providers are not familiar with the increasing digitization. Doctors and healthcare professionals should get familiar with digital therapy solutions before using their mass adoption. They should analyze the results of clinical trials before recommending solutions to their patients. To perform this, few DTx companies opt for pharmaceutical model wherein partnerships with distributors are used to inform doctors about clinical trial results, new solutions, and decisions. Thus, this hampers the market growth.

This prescription digital therapeutics (PDTx) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the prescription digital therapeutics (PDTx) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In 2019, Welldoc Inc., announces the development and commercialization of BlueStar to East Asia with Japan-based Astellas Inc. Under the agreement, Astellas and Welldoc will jointly develop and commercialize BlueStar in Japan and certain other Asian markets for patients with diabetes, and collaborate to widen the adoption of BlueStar. 

Middle East and Africa Prescription Digital Therapeutics (PDTx) Market Scope

The prescription digital therapeutics (PDTx) market is segmented on the basis of mechanism, category, treatment, software, services, app accessibility, app type, application, patients. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Mechanism

  • Input Mechanisms
  • Output Mechanisms

Category

  • Medication Augmentation
  • Medication Replacement

Treatment

  • Outpatient Treatment
  • Monotherapy

Software

  • Software for Respiratory Conditions
  • Software for Mental Health
  • Software for Opioid Use Disorder
  • Software for Diabetes
  • Others

Services

  • Behavioral Microservices
  • Medical Microservices

App Accessibility

  • Android
  • iOS
  • Windows

App Type

  • Native Apps
  • Web Apps

Application

  • Substance Use Disorder (SUD)
  • Opioid Use Disorder (OUD)
  • Attention Deficit/Hyperactivity Disorder (ADHD)
  • Alzheimer’s Disease
  • Major Depressive Disorder (MDD)
  • Insomnia
  • Epilepsy
  • Movement Disorder
  • Multiple Sclerosis
  • Migraine
  • Autism Spectrum Disorder
  • Oncology
  • Inflammation
  • Respiratory
  • Cardiovascular
  • Pain Management
  • Metabolic Conditions
  • Others

Patients

  • Children
  • Adults

Prescription Digital Therapeutics (PDTx) Market Regional Analysis/Insights

The prescription digital therapeutics (PDTx) market is analyzed and market size insights and trends are provided by mechanism, category, treatment, software, services, app accessibility, app type, application, patients as referenced above.

The major countries covered in the prescription digital therapeutics (PDTx) market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Saudi Arabia is anticipated to grow with the highest CAGR in the forecast period because of growing awareness towards digital therapeutics and growing investment by the market players. Furthermore, the increasing number of domestic companies operating in the market is also boosting the market growth.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Middle East and Africa Prescription Digital Therapeutics (PDTx) Market Share Analysis

The prescription digital therapeutics (PDTx) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to prescription digital therapeutics (PDTx) market

Key players operating in the prescription digital therapeutics (PDTx) market include:

  • ResMed (U.S.)
  • SAMSUNGHEALTHCARE (South Korea)
  • Biofourmis (U.S.)
  • Novartis AG (Switzerland)
  • Medtronic (Ireland)
  • Pear Therapeutics, Inc. (U.S.)
  • Voluntis (France)
  • Omada Health, Inc. (U.S.)
  • GAIA AG (Germany)
  • Welldoc’s Bluestar (U.S.)
  • Solera Network (U.S.)
  • Akili Interactive Labs, Inc. (U.S.)
  • Better Therapeutics, LLC (U.S.)
  • BigHealth (U.S.)
  • Biofourmis (U.S.)
  • Click Therapeutics, Inc. (U.S.)
  • Happify, Inc. (U.S.)
  • Limbix Health, Inc. (U.S.)
  • Naturalcycles Nordic AB (Sweden)
  • NuvoAir AB (Sweden)
  • Sensyne Health plc. (U.K.)
  • Xealth (U.S.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.

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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Middle East and Africa prescription digital therapeutics (PDTx) market size will be worth USD 74.61 million by the year 2030.
The growth rate of the Middle East and Africa prescription digital therapeutics (PDTx) market is 20.3%.
Feasibility of privacy and security & developing pipeline for potential products are the growth drivers of the Middle East and Africa prescription digital therapeutics (PDTx) market.
Mechanism, category, treatment, software, services, app accessibility, app type, application, patients are the factors on which the Middle East and Africa prescription digital therapeutics (PDTx) market research is based.
Major companies in the Middle East and Africa prescription digital therapeutics (PDTx) market are ResMed (U.S.), SAMSUNGHEALTHCARE (South Korea), Biofourmis (U.S.), Novartis AG (Switzerland), Medtronic (Ireland), Pear Therapeutics, Inc. (U.S.), Voluntis (France), Omada Health, Inc. (U.S.), GAIA AG (Germany), Welldoc’s Bluestar (U.S.), Solera Network (U.S.), Akili Interactive Labs, Inc. (U.S.), Better Therapeutics, LLC (U.S.), BigHealth (U.S.), Biofourmis (U.S.), Click Therapeutics, Inc. (U.S.), Happify, Inc. (U.S.), Limbix Health, Inc. (U.S.), Naturalcycles Nordic AB (Sweden), NuvoAir AB (Sweden), Sensyne Health plc. (U.K.), Xealth (U.S.).
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