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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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights
