Digital Therapeutics Market - Forecast (2021 - 2026)
Digital Therapeutics Market size is estimated to be $2.6 billion in 2019, growing at a CAGR of 20% during the forecast period 2020-2025. Rising population along with increasing adoption of smartphones and tablets coupled with healthcare apps, and the rise in the prevalence of chronic disease are major factors driving the Digital Therapeutics Market. Furthermore, digital healthcare and evidence-based therapeutic inventions are also driving this market. With the rapid adoption of innovations and technology, the healthcare industry is set to grow and is contributing to the market. Digital Therapeutic are treatments that are offered through devices such as phones, sensors, apps, and computers. Programs are often based online or are delivered through text messages. They are intended to help patients change their behavior often through strategies such as cognitive-behavioral therapy (CBT) so that they can successfully implement care plans for chronic health or mental health condition. Repor...