Global Digital Biomarker Market TOC
Growth Drivers
Challenges
Regionally, the global digital biomarker market is segmented into five major regions comprising North America, Asia Pacific, Europe, South America, and Middle East & Africa. Among the markets in these regions, the North America digital biomarker market is estimated to hold leading market share throughout the forecast period. The market in the region registered a market value of USD 512.3 Million in the year 2019 and is further expected to reach USD 20796 Million by the end of 2030. The market in the region is also expected to grow with a CAGR of 40.13% during the forecast period. The market is further segmented by country into the U.S., Canada, and Mexico, out of which, the market in the U.S. is anticipated to garner the largest revenue of USD 778.2 Million by the end of 2021. The growth of the market in the country can be attributed to the growing adoption of telehealth services, followed by the availability of a strong healthcare infrastructure, and increase in spending by the government of the country for advancements in medical research. The U.S. digital biomarker market is segmented by therapeutic area into cardiovascular diseases, neurodegenerative disorders, sleep & movement diseases, psychiatric disorders, chronic pain, gastrointestinal diseases, diabetes, respiratory conditions, and others, out of which, the neurodegenerative disorders segment is expected to hold the largest revenue of USD 4250.80 Million by the end of 2030. On the other hand, the market in the Asia Pacific is expected to grow with the highest CAGR of 44.09% during the forecast period.
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
32.2% |
Base Year Market Size (2024) |
USD 3.79 billion |
Forecast Year Market Size (2037) |
USD 144.84 billion |
Regional Scope |
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Author Credits: Radhika Pawar
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