Exploring U.S. Digital Therapeutics Market 2023: Expected to Witness Substantial Expansion ,CAGR of 19.2%, Report

The U.S. digital therapeutics market was valued at $1.16 billion in 2019 and is expected to reach $5.08 billion by 2027 with a CAGR of 19.2% from 2020 to 2027.

The COVID-19 pandemic has led to a surge in the availability of digital therapeutics products for mental health, resulting in significant growth in the U.S. digital therapeutics market. This trend is further supported by the recognition and acknowledgment of the importance of digital therapeutics products by the U.S. FDA. Notably, U.S. digital health companies have experienced a record high in venture funding during the first half of 2020, indicating that investors recognize the essentiality of these solutions. As a result, these factors collectively contribute to the accelerated growth of the U.S. digital therapeutics market.

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Among applications, obesity segment is expected to grow at a significant CAGR of 22.1% during the forecast period, owing to increase in obese population across the country. According to the CDC, prevalence of obesity in the U.S. was about 42.4% from 2017 to 2018.

Key findings of the study

• Software is expected to be one of the most lucrative segments, registering a CAGR of 20.3% during the forecast period.
• The business-to-business (B2B) segment accounted for maximum share in the U.S. digital therapeutics market in 2019, and is expected to grow at a CAGR of 18.8% during the forecast period.
• Based on business-to-consumers (B2C) segment, the patients segment is expected to project with the highest CAGR throughout the forecast period.
• By application, the diabetes segment generates the largest revenue in 2019, and is anticipated to continue this trend during the forecast period.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (139 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @ https://www.alliedmarketresearch.com/us-digital-therapeutics-market/purchase-options

Key Benefits For Stakeholders

• This report provides a detailed quantitative analysis of the current U.S. digital therapeutics market trends and forecast estimations from 2020 to 2027, which assists to identify the prevailing market opportunities.
• An in-depth market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate country-specific plans.
• A comprehensive analysis of factors that drive and restrain growth of the market is provided.
• Country-wise market conditions are comprehensively analyzed in this report.
• The projections in this report are made by analyzing the current trends and future market potential from 2020 to 2027, in terms of value.
• An extensive analysis of the market provides insights that are expected to allow companies to strategically plan their business moves.
• Key market players within the U.S. digital therapeutics market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of the market.

Do 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/7066

Top U.S. Digital Therapeutics Market Players

• 2MORROW, INC.
• FITBIT, INC. (TWINE HEALTH, INC.)
• LIVONGO HEALTH, INC.
• MEDTRONIC PLC.
• PEAR THERAPEUTICS, INC.
• OMADA HEALTH, INC.
• PROTEUS DIGITAL HEALTH, INC.
• RESMED, INC. (PROPELLER HEALTH)
• VOLUNTIS, INC.
• WELLDOC, INC.

Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
• Which region has more opportunities?

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