Digiceuticals Market Size

Digiceuticals Market size is poised to reach USD 115 Billion by the end of 2036, growing at a CAGR of 33% during the forecast period, i.e., 2024- 2036. In the year 2023, the industry size of digiceuticals was USD 5 Billion. The market expansion can be attributed to the rising incidence of various chronic conditions like high blood pressure, diabetes, and cardiovascular diseases.

Digiceuticals are used for continuous monitoring and management of diseases by keeping track of vital signs, such as blood pressure, heart rate, and glucose levels, and providing personalized advice on managing chronic diseases. According to World Health Organization, diabetes and renal disease caused an estimated 2 million deaths in 2019.  As these numbers continue to rise there, it has created a demand for digital healthcare technology such as digiceuticals to conveniently access healthcare professionals, which can help ensure that patients receive timely advice and care.

Digiceuticals provide individualized treatment regimens and treatments based on personal health information. Rising consumer awareness and need for individualized healthcare have boosted demand for Digiceuticals. Consumers are taking a more proactive approach to maintaining their health and looking for individualized solutions.