Digital Therapeutics is a form of digitalized health solution which utilizes the likes of online and digital health technologies, to treat several psychological and medical conditions. These applications assist patients and medical professionals to track various health related data and provide options for remote monitoring, thereby, providing means to improve long-term health conditions. The global digital therapeutic market is driven by can be attributed to several factors, increasing use of smartphones and internet, increasing awareness related to digital health therapy, and rising number of chronic diseases & geriatric population. Moreover, need to curb the growing healthcare cost and provide better healthcare to population. However, lack of awareness and data security of customers and healthcare professionals are likely to restrain the market to a certain extent.
Market Industry Reports (MIR) has published a new report titled "Digital Therapeutics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global digital therapeutics market is anticipated to witness a double digit CAGR from 2019 to 2030 and was valued at over US$ 140.0 Mn in 2018. It is anticipated to grow at a CAGR of 26.8% from 2019 to 2030.
Read More @ http://www.sbwire.com/press-releases/digital-therapeutics-market-to-witness-an-outstanding-growth-during-2019-2030-pear-therapeutics-proteus-digital-health-2morrow-1280129.htm
Read More @ http://www.sbwire.com/press-releases/digital-therapeutics-market-to-witness-an-outstanding-growth-during-2019-2030-pear-therapeutics-proteus-digital-health-2morrow-1280129.htm
Market Industry Reports (MIR) has published a new report titled "Digital Therapeutics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global digital therapeutics market is anticipated to witness a double digit CAGR from 2019 to 2030 and was valued at over US$ 140.0 Mn in 2018. It is anticipated to grow at a CAGR of 26.8% from 2019 to 2030.
Read More @ http://www.sbwire.com/press-releases/digital-therapeutics-market-to-witness-an-outstanding-growth-during-2019-2030-pear-therapeutics-proteus-digital-health-2morrow-1280129.htm
The continual growth of the Digital Therapeutics market can be attributed to several factors, increasing use of smartphones and internet, increasing awareness related to digital health therapy, and rising number of chronic diseases & geriatric population. Moreover, need to curb the growing healthcare cost and provide better healthcare to population are other factors adding to the growth of the global digital therapeutics market between 2019 and 2030. To obtain better insights regarding the market scenario prominent players are increasingly focusing on collaborative initiatives with several institutes and research centers. Kaiku Health, a Helsinki-based company offering digital patient monitoring and patient-reported outcome services, collaborated with Turku University Hospital & Amgen (Finland) to launch a digital symptom tracking for multiple myeloma, a type of bone marrow cancer. This digital health therapy would support and guide patients in their treatment regime.
The population of geriatric population across the world has grown rapidly over the past several decades. Moreover, this growth has witnessed an unprecedented rate in recent times. In 2016, it was approximated that the population of individuals aged 65 years or older was 8.5% or 617 million of the entire world population. Furthermore, it is projected that the figure will witness an increment to 17% i.e. 1.6 billion by the end of 2050. Such rapid growth of geriatric population is anticipated to present a remunerative growth opportunity for the global digital therapeutics market in the coming times.
The population of geriatric population across the world has grown rapidly over the past several decades. Moreover, this growth has witnessed an unprecedented rate in recent times. In 2016, it was approximated that the population of individuals aged 65 years or older was 8.5% or 617 million of the entire world population. Furthermore, it is projected that the figure will witness an increment to 17% i.e. 1.6 billion by the end of 2050. Such rapid growth of geriatric population is anticipated to present a remunerative growth opportunity for the global digital therapeutics market in the coming times.
Read More @ http://www.sbwire.com/press-releases/digital-therapeutics-market-to-witness-an-outstanding-growth-during-2019-2030-pear-therapeutics-proteus-digital-health-2morrow-1280129.htm
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