The Latin America, Middle East and Africa Digital Therapeutics Market would witness market growth of 22.8% CAGR during the forecast period (2021-2027).
There is an increasing demand for digital therapeutics across the globe, due to the rising adoption of smartphones & tablets along with healthcare apps, increasing cases of chronic diseases, and the growing need to manage healthcare costs. Moreover, high growth opportunities in the undiscovered markets are anticipated to offer new growth avenues for the manufacturers operating in the digital therapeutics market. Though, the absence of awareness related to digital therapeutics in emerging nations and the increasing concern about patient data is hampering the growth of the market. There is a rising awareness among the general public due to the consistently evolving digital landscape.
Moreover, factors like increasing cases of chronic diseases across the world and the increasing technological developments are also contributing to the growth of the market. With the rising awareness among end-users due to the adoption of various digital gadgets and solutions, the demand for digital therapeutics is anticipated to surge the market growth in the coming years. It is expected that people will maintain this inclination towards digital health space, which will spur the demand for customized, more engaging, and accessible medical solutions. Consumers are increasingly using smartphones and the internet that also acts as a major factor contributing to the growth of the market.
The Patients market dominated the UAE Digital Therapeutics Market by End Use 2020, thereby, achieving a market value of $64.1 million by 2027, growing at a CAGR of 20.8 % during the forecast period. The Providers market is experiencing a CAGR of 21.7% during (2021 - 2027). Additionally, The Payers market is expected to witness highest CAGR of 22.9% during (2021 - 2027).
Based on End Use, the market is segmented into Patients, Providers, Payers, Employers and Others. Based on Applications, the market is segmented into Diabetes, CNS Disease, Respiratory Diseases, Smoking Cessation, Obesity, CVD and others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ResMed, Inc. (Propeller Health), Teladoc Health, Inc. (Livongo Health), Noom, Inc., Omada Health, Inc., Welldoc, Inc., Canary Health, Mango Health, Inc. (TrialCard, Incorporated), 2Morrow, Inc., Pear Therapeutics, Inc., and Mindstrong, Inc.
Scope of the Study
Market Segments covered in the Report:
By End Use
• CNS Disease
• Respiratory Diseases
• Smoking Cessation
• Saudi Arabia
• South Africa
• Rest of LAMEA
• ResMed, Inc. (Propeller Health)
• Teladoc Health, Inc. (Livongo Health)
• Noom, Inc.
• Omada Health, Inc.
• Welldoc, Inc.
• Canary Health
• Mango Health, Inc. (TrialCard, Incorporated)
• 2Morrow, Inc.
• Pear Therapeutics, Inc.
• Mindstrong, Inc.
• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free
Our reports have been used by over 10K customers, including:
The Global Digital Therapeutics Market size is expected to reach $14.5 billion by 2027, rising at a market growth of 21.8% CAGR during the forecast period. Digital therapeutics is a group of applications, which assist in curing diseases by altering patient’s behaviour and offering remote supervision to enhance long-term health results. There...
Executive Summary The mRNA technology finds its applications in many diseases including the Covid-19 vaccine. The market for mRNA is mostly driven by the Covid-19 vaccine besides its major usage in cancer therapies. With the mutation of the coronavirus and possible spread of variants of the virus, the mRNA companies are...
The global radiotherapy market is valued at USD 5.9 billion in 2021 and is expected to reach USD 7.3 billion by 2026, at a CAGR of 4.2% during the forecast period. The growth of this market is primarily driven by the rising burden of target diseases and increasing investments, funds, and grants for the development of novel products. Additionally,...
Community Acquired Pneumonia (Infectious Disease) - Drugs in Development, 2021 Summary This latest Pharmaceutical and Healthcare disease pipeline guide Community Acquired Pneumonia - Drugs in Development, 2021, provides an overview of the Community Acquired Pneumonia (Infectious Disease) pipeline...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global IV and Oral Iron Drugs Market Report
The global IV and oral iron drugs market by revenue is expected to grow at a CAGR of 11.6% during the period 2021–2026.
The global IV and oral iron drugs market is expected to grow due to the prevalence...
The Asia Pacific Digital Therapeutics Market would witness market growth of 23.2% CAGR during the forecast period (2021-2027). Digital therapeutics refers to healthcare solution and treatment option, which uses digital technologies to cure patients with any kind of medical or psychological problem. It offers a whole new approach for...
The Europe Digital Therapeutics Market would witness market growth of 21.3% CAGR during the forecast period (2021-2027). Digital therapeutics is a term that refers to a section of digital health, which is a software driven evidence-based intervention. There is a lot of potential in digital therapeutics to fulfil the unfulfilled requirements...
The North America Digital Therapeutics Market would witness market growth of 20.9% CAGR during the forecast period (2021-2027). Digital Therapeutics is used through various digital platforms such as internet-based health technologies to supervise all the changes that occur in patient conditions. Mainly, digital treatment aims to monitor...
The Veterinary Pain management market was valued at USD 1,197 million in 2020, and it is expected to reach USD 1,910 million in 2026, registering a CAGR of nearly 6.30% during the forecast period. The global outbreak of COVID-19 has impacted all industries including veterinary pain medicine. Pet parents are advised to keep a safe distance...