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Digital Therapeutics Market Size

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Report ID: 6223
Published Date: Jun 19, 2024
Report Format: PDF, PPT

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Digital Therapeutics Market Size

Digital Therapeutics Market size was valued at USD 7.4 Billion in 2023 and is expected to reach USD 106.6 Billion by the end of 2036, registering around 24.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of digital therapeutics is assessed at USD 9.2 Billion.

The market is blooming as a result of the slated growth in chronic diseases and related conditions, which are estimated to increase as about 1 out of 3 adults, suffer worldwide from multiple chronic conditions. According to the National Institutes of Health Report 2023, there has been an increase of about 7% from 67% of deaths in 2010 to 74% of deaths in 2019 globally, which are caused by chronic conditions.

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Browse Key Market Insights with Data Illustration:

Digital Therapeutics Market Size & Share, Growth Trends 2036

Author Credits: Radhika Pawar

Report ID: 6223
Published Date: Jun 19, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of the digital therapeutics market was over USD 7.4 billion.

The market size of the digital therapeutics market is projected to cross USD 106.6 billion by the end of 2036 expanding at a CAGR of 24.9% during the forecast period i.e., between 2024-2036.

The major players in the market are ResMed, Pear Therapeutics, Inc., Solera Network, Akili Interactive Labs, Inc., Better Therapeutics, LLC, Biofourmis, Click Therapeutics, Inc., Naturalcycles Nordic AB, BehaVR, and others.

In terms of application, the diabetes segment is anticipated to garner the largest market share of 40% by 2036 and display significant growth opportunities during 2024-2036.

The market in the North America region is projected to hold the largest market share of 40% by the end of 2036 and provide more business opportunities in the future.

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