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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Digital Therapeutics Market: Competitor Landscape
In October 2023, Sidekick Health acquired aidhere, a Germany based pioneer of prescription digital therapeutics. This acquisition also loops in zanadio, which is one of the most successful PDTs with over 50,000 prescriptions and is recognised within Germany’s self-regulated DiGA. It strengthens Sidekick Health’s portfolio as a trusted partner for pharmaceutical giants and global health insurers.
The market has been flourished with relevant developments, wherein several companies have been undergoing significant transformations to expand their product portfolio. The key features of the digital therapeutics market report include grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Omada Health, Inc.
- Welldoc, Inc.
- 2Morrow, Inc
- Livongo Health, Inc. (Teladoc Health, Inc.)
- Propeller Health (ResMed)
- Fitbit LLC
- Mango Health
- Canary Health
- Noom, Inc.
- Pear Therapeutics, Inc.
- Akill Interactive Labs, Inc.
- JOGO Health
- GAIA AG
- CureApp, Inc.
- Brain+ A/S
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Digital Therapeutics Market Report Snapshots
Digital Therapeutics Market Size
Digital Therapeutics Regional Analysis
Digital Therapeutics Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 4.5 billion in 2023, driven by the prevalence of telehealth services across the globe.
The market is anticipated to grow at a CAGR of 31.6% during the forecast period of 2024-2032, likely to reach a market value of USD 53.2 billion by 2032.
The market demand is driven by the increasing prevalence of chronic diseases, growing geriatric population, and rising convergence of digital health and related services in the healthcare ecosystem.
The major market trend revolves around increasing mergers and collaborations between influential healthcare companies, aimed at expanding their product lines and offer digital health services to the patients. In September 2023, Bayer AG entered a collaboration with Mahana Therapeutics to commercialize irritable bowel syndrome (IBS) related digital therapies.
Software and devices are common components available in the market.
Common application areas include preventive care and treatment. Preventive is further segmented into prediabetes, obesity, and others. Treatment divides into diabetes, respiratory care, mental health, cardiovascular and others.
Based on sales channels, the market is divided into B2B and B2C.
Major end users include patients, providers, payers, employers, and others.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is currently leading the global market.
Key players involved in the market are Omada Health, Inc, Welldoc, Inc., 2Morrow, Inc., Livongo Health, Inc. (Teladoc Health, Inc.), Propeller Health (ResMed), Fitbit LLC, Mango Health, Canary Health, Noom, Inc., Pear Therapeutics, Inc., Akill Interactive Labs, Inc., JOGO Health, GAIA AG, CureApp, Inc. and Brain+ A/S.
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