Global Digital Biomarker Market TOC
Therapeutic Area (Cardiovascular Diseases, Neurodegenerative Disorders, Sleep & Movement Diseases, Chronic Pain, Gastrointestinal Diseases, Diabetes, Respiratory Conditions)
The neurogenerative disorder segment in the digital biomarkers market is estimated to grow at a remarkable CAGR of 32.95% over the forecast period. The growth of the segment can be attributed to the rising cases of neurogenerative disorder. Owing to the low success rate of treatment and drugs, these diseases are continuously increasing and are becoming hard to tackle. In 2020, there were approximately 55 million people living with dementia worldwide. This figure is expected to nearly double every 20 years, hitting 78 million in 2030 and around 139 million in 2050.
Application (Wellness, Disease Diagnosis, Personalized Medication, Drug Discovery & Development)
Digital biomarkers market from the drug discovery & development segment is expected to grow at a CAGR of 32.69% till 2037. The growth of the segment is attributed to the growing discovery of new drugs and the rise in the number of clinical trials being carried out for novel drugs. As life sciences businesses expand to put money into and advance new treatments and vaccines across a wide range of disease areas, the total number of items currently being developed in human trials globally surpasses 6,000, a rise of 68% over the 2016 level.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Radhika Pawar
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