13-Sep-2021

Europe Digital Therapeutic (DTx) Market Forecast 2021-2028 By Regions, Type and Application with Sales and Revenue Analysis

Europe Digital Therapeutic (DTx) Market is growing with factors such as increasing prevalence of chronic disease, rising awareness by government agencies. However, digital payment associated with digital therapeutics may obstruct the growth of the market in the given forecast period.

The digital therapeutic (DTx) market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 23.4% in the forecast period of 2021 to 2028 and is expected to reach USD 10,639.36 million by 2028. Increasing prevalence of chronic diseases such as diabetes, hypertension among others as well as the rising awareness by government agencies will increase the growth of the digital therapeutic (DTx) market.

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Key Market Competitors Covered in the Report:

Akili Interactive Labs, Inc.
ATENTIV
2Morrow Inc.
Ayogo Health Inc.
Ginger
Click Therapeutics, Inc.
Cognoa
Better Therapeutics, Inc
CogniFit
CANARY HEALTH
Kaia Health
Happify, Inc.
MANGO HEALTH
Mindstrong Health
Natural Cycles USA Corp
Noom, Inc.
GAIA AG
Omada Health, Inc.
Welldoc, Inc.
Smartpatient gmbh
Wellthy Therapeutics Pvt Ltd
Pear Therapeutics, Inc.
SAMSUNG
Voluntis
Livongo
ResMed
Fitbit, Inc.

Digital therapeutic (DTx) Market Scope and Market Size

The digital therapeutic (DTx) market is categorized into four segments which are based on product and service type, application, purchase mode and sales channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of product and service type, the digital therapeutic (DTx) market is segmented into hardware products, solutions/software and service. In 2021, solutions/software segment is expected to dominate the market since there are number of smart phone users being increased.
On the basis of application, the digital therapeutic (DTx) market is segmented into treatment/ care-related applications and preventive applications. In 2021, treatment/care-related applications segment is expected to dominate since it provides a good treatment and improve the life style of the people.
On the basis of purchase mode, the digital therapeutic (DTx) market is segmented into group purchase organization and individual. In 2021, individual segment is expected to dominate the market since many people individually are accepting the digital healthcare platform and preferring them in the pandemic situation.
On the basis of sales channel, the digital therapeutic (DTx) market is segmented into B2B and B2C. In 2021, B2C segment is expected to dominate the market since the services are mostly preferred directly to the customers.

Europe Digital therapeutic (DTx) Market Country Level Analysis

Europe digital therapeutic (DTx) market is analysed and market size information is provided by the country, product and service type, application, purchase mode and sales channel as referenced above.

The countries covered in the Europe digital therapeutic (DTx) market report are the Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, and Rest of Europe.

Europe is expected to grow with the highest CAGR in the forecasted period due to growing prevalence of chronic disease such as diabetes. Germany is expected to dominate the market as it is one of the leading countries in digital therapeutics with increasing number of domestic companies operating in the market.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

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By Region

North America (United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Key Offerings:

– Market Size and Forecast by Revenue | 2021−2028
– Market Dynamics – Leading patterns, development drivers, limitations, and venture openings
– Market Segmentation – An itemized examination by item, by types, end-client, applications, fragments, and geology
– Competitive Landscape – Top key sellers and other conspicuous vendorsInquire

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Last Updated: 13-Sep-2021