Europe Digital Therapeutics Market Size to Gain Traction of $2.27 Billion, Growth Opportunities by 2026
October 14, 2021
key players in Market Ada Health GmbH, CogniFit, Caterna Vision GmbH, Fitbit, Inc. (Twine Health, Inc.), Kaia Health, Medtronic Plc., Novartis International AG
Europe Digital Therapeutics Market by Application (Diabetes, Obesity, Cardiovascular Disease (CVD), Central Nervous System (CNS) Disease, Respiratory Disease, Smoking Cessation)”NE WIN SIVERS DRIVE, PROVINCE: - PORTLAND, UNITED STATES, October 14, 2021 /EINPresswire.com/ -- According to the report by Allied Market Research, titled, "Europe Digital Therapeutics Market by Application (Diabetes, Obesity, Cardiovascular Disease (CVD), Central Nervous System (CNS) Disease, Respiratory Disease, Smoking Cessation, Gastrointestinal Disorder (GID), and others), Product Type (Software and Device), and Sales Channel (Business-to-Business(B2B) and Business-to-Consumer (B2C)): Opportunity Analysis and Industry Forecast, 2019–2026." The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
— Allied Market Research
Digital therapeutics is a subset of digital health, which delivers evidence-based therapeutic interventions to patients by software programs and devices to manage, prevent, and treat medical disorders. It utilizes digital and online health technologies to treat medical and psychological conditions. In addition, software applications help patients and physicians to track health data by tracking patient behavior. Moreover, digital therapeutics provides remote monitoring to improve long-term health problems.According to European Chronic Disease Alliance (ECDA), 85% of deaths in the European Union (EU) occur due to chronic diseases, including cardiovascular disease, cancer, diabetes, chronic respiratory disease, and mental illness. In addition, these chronic illnesses cost European economy around $124 billion a year. Whereas, digital therapeutics helps in lowering these healthcare costs. Moreover, digital therapeutics products can drive down a company’s health care costs by lowering usage of health insurance plans for acute problems.
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Rise in utilization of smart devices and smartphones&tablets coupled with increase in incidenceof chronic diseases boosts the growth of the Europe digital therapeutics market. However, lack of awareness toward healthcare-associated applications and increase in concerns regarding patient data restrict the market growth. Conversely, high growth potential in the emerging markets offers lucrative opportunities for key market players operating in this segment.
Comprehensive competitive analysis and profiles of major market players, such as
The key players operating in the Europe digital therapeutics market are Ada Health GmbH, CogniFit, Caterna Vision GmbH, Fitbit, Inc. (Twine Health, Inc.), Kaia Health, Medtronic Plc., Novartis International AG (Pear Therapeutics, Inc.), ResMed, Inc. (Propeller Health), Sonormed GmbH, and Voluntis, Inc.
Key Benefits For Stakeholders
The study provides an in-depth analysis of the Europe Digital Therapeutics Market along with the current trends and future estimations to elucidate the imminent investment pockets.
It offers Europe Digital Therapeutics Market analysis from 2019 to 2026, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
A comprehensive analysis of four regions is provided to determine the prevailing opportunities.
The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global Europe Digital Therapeutics Market growth.
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Table of Content
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.3.Analyst tools & models
CHAPTER 2:EXECUTIVE SUMMARY
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.1.Top investment pockets
3.2.2.Top winning strategies
3.2.3.Top player positioning, 2018
3.3.Porter’s five forces analysis
126.96.36.199.Increase in adoption of smartphones and tablets coupled with healthcare apps
188.8.131.52.Growth in need to control healthcare costs
184.108.40.206.Rise in incidences of chronic diseases
220.127.116.11.Lack of awareness regarding digital therapeutics in developing countries
18.104.22.168.Patient data privacy concerns
22.214.171.124.Emerging markets offer significant growth opportunities
FREQUENTLY ASKED QUESTIONS?
Q1. What is the total market value of Europe digital therapeutics market report ?
Q2. What would be forecast period in the market report?
Q3. What is the market value of Europe digital therapeutics market in 2019?
Q4. What are the Key Industry Leaders opinion for the Europe digital therapeutics market?
Q5. Which is base year calculated in the Europe digital therapeutics Market report?
Q6. 6. What are the key trends in the Europe digital therapeutics market report
Q7. Which market holds the maximum market share of the Europe digital therapeutics market?
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