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2020-09-01
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Global
Digital therapeutics supply the evidence-based therapeutic interventions to patients to prevent, manage, or treat a medical disorder or disease. Digital Health Landscape is expanding in the market with products like:
Global digital therapeutics market is set to triple in size over the next seven years, blossoming into a USD 10 billion opportunity — and Goldstein Research predicts consumer adoption of the digital treatments will grow more than 12-fold by 2028, which is poised to expand the DTx market at a CAGR of 20.12%.
Benefits For Pharmaceutical Firms And Medical Device Makers
Driven pharmaceutical businesses and medical device manufacturers can reap profit from digital therapeutics growth through collaborations/tie-ups with vendors that give the official access to stack of real-time data furthermore the possibility to inflate the revenue opportunities through commercializing new products and services. However, inactive drug and device manufacturers tends to jeopardize the consumers opting for digital solutions.
The types of interventions being delivered by digital therapeutic products across the industry are as diverse as the disease states being addressed. As the digital therapeutic field grows, patients, providers, and payers can expect to see an increasingly comprehensive network of therapy options for physical, mental, and behavioral disease states. Examples of digital therapeutic product/software in the market or under-development are as follow:
By Product Type
By Product Categories
By Application Areas
By Sales Channel
By Geographies
CogniFit is into DTx market since 20 years, offers scientifically validated tasks to precisely measure and train cognitive skills. CogniFit provide the users to identify possible cognitive alterations and cognitive deficiencies, and to create a personalized brain training regimen for their particular needs. Their client portfolio includes Bayer (leader in the pharmaceutical industry), Reckitt Benckiser (leader in health, hygiene and home products), Medica (health insurance), etc. The CogniFit brain training program for adults with dyslexia is a neuroscientific program specifically designed to improve mental sharpness. The training helps boost reading and writing skills, enhances concentration, memory, and learning ability.
Omada Health is conducting the preeminent design and web technology to digital health. Omanda Health custom-made digital care programs for prevention are for type 2 diabetes, hypertension, and behavioral health which address the whole person to empower healthy patterns that can last.
One of the main player in PDT (Prescription Digital Therapeutics), Pear Therapeutics aim to reexplore medicine by discovering, developing, and delivering clinically validated PDTs to allow better outcomes for patients, smarter engagement and tracking tools for clinicians, and cost-effective solutions for payers. Pear Therapeutics has a pipeline of products and product candidates across therapeutic areas, comprising severe psychiatric and neurological conditions. Their foremost innovation, reSET, was the first prescription digital therapeutic to receive marketing authorization from the FDA to treat Substance Use Disorder and 2 nd product, reSET-O received marketing authorization from the FDA in December 2018 for the treatment of Opioid Use Disorder.
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Impact of COVID-19 Outbreak on “Global Digital Therapeutics(DTx) Market ”, Manufacturers, Contract Manufacturers Suppliers and Recovery Strategy. A complete detailed chapter of 50-70 pages which includes the data and information focused on impacts of the pandemic on the Global Digital Therapeutics(DTx) Market . It also showcases the expected recovery schedule and losses in the industry and other various major factors.
Our Global Digital Therapeutics Market Report comprises of the following companies as the key players.
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