North America Digital Therapeutics Market Trends, Size, Segment and Growth by Forecast to 2030
North America Digital Therapeutics Market Outlook (2021–2028)
The North
America digital therapeutics market is projected to grow from US$
1,740.46 million in 2021 to US$ 7,323.29 million by 2028, expanding
at a CAGR of 22.8% during the forecast period. This remarkable growth is
driven by the rising prevalence of chronic diseases and the increasing demand
to reduce healthcare costs. However, concerns over cyber threats and data
security risks continue to challenge market expansion.
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Key Growth Drivers:
- Rising
Chronic Disease Burden:
- Diabetes:
According to the World Health Organization (WHO), 463 million adults
globally had diabetes in 2020, with numbers projected to rise to 629
million by 2045. In North America, 51 million people were living with
diabetes in 2021, as per the IDF Diabetes Atlas 2021, and this is
expected to grow to 63 million by 2045. In the US alone, 1.4 million new
cases are diagnosed annually (CDC, 2018).
- Cardiovascular
Diseases (CVDs): The American College of Cardiology Foundation
reports that coronary heart disease (CHD) was the leading cause of death
in the US in 2018. By 2035, nearly 130 million US adults are projected to
suffer from some form of CVD.
- Obesity:
Sedentary lifestyles have led to rising obesity rates. OECD data (2017)
show that ~19.5% of adults in OECD countries were obese, with the US
projected to reach ~47% obesity by 2030.
- Digital
Therapeutics Role:
- Digital
therapeutics (DTx) deliver evidence-based, software-driven therapeutic
interventions to prevent, manage, and treat chronic diseases.
- DTx
solutions empower patients to take control of their care while providing
scalable, cost-effective options for healthcare providers and payers.
Growth Restraints:
- Cybersecurity
Risks:
- The
increase in digital health solutions raises concerns about data
privacy, security breaches, and cyber threats, which could hamper
user adoption and regulatory acceptance.
North America Digital Therapeutics Strategic Insights
Strategic insights for the North America Digital
Therapeutics provides data-driven analysis of the industry landscape, including
current trends, key players, and regional nuances. These insights offer
actionable recommendations, enabling readers to differentiate themselves from
competitors by identifying untapped segments or developing unique value
propositions. Leveraging data analytics, these insights help industry players
anticipate the market shifts, whether investors, manufacturers, or other stakeholders.
A future-oriented perspective is essential, helping stakeholders anticipate
market shifts and position themselves for long-term success in this dynamic
region. Ultimately, effective strategic insights empower readers to make
informed decisions that drive profitability and achieve their business
objectives within the market
North America Digital Therapeutics Report Scope
Report Attribute |
Details |
Market Size in 2021 |
US$ 1,740.46 Million |
Market Size by 2028 |
US$ 7,323.29 Million |
Global CAGR (2021 - 2028) |
22.8% |
Historical Data |
2019-2020 |
Forecast Period |
2022-2028 |
Segments Covered (By Application) |
Diabetes, Cardiovascular Diseases, Central Nervous System
Disease, Respiratory Diseases, Smoking Cessation, Musculoskeletal Diseases |
Segments Covered (By Distribution Channel) |
Patients, Providers, Payers, Employers |
Regions and Countries Covered |
North America (US, Canada, Mexico) |
Market Leaders & Key Companies |
Propeller Health (ResMed), Canary Health, Noom, Inc.,
2Morrow, Inc., Teladoc Health, Inc., Welldoc, Inc., Fitbit, Inc., Omada
Health, Inc., MANGO HEALTH, Pear Therapeutics, Inc. |
North America Digital Therapeutics: Regional Insights
The geographic scope of North America's Digital Therapeutics
market encompasses the specific regions where businesses operate and compete.
Understanding regional variations, such as unique consumer preferences (e.g.,
demand for specific device features or battery life), differing economic
conditions, and regulatory landscapes, is essential for tailoring strategies to
local markets. Companies can expand their presence by identifying underserved
areas or customizing their products to meet regional needs. A focused market
approach allows for more efficient resource allocation, targeted marketing
strategies, and improved positioning against local competitors, driving growth
in the targeted regions.
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Dรฉfense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications
Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights
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