Asia Pacific Digital Therapeutics Market Size & Outlook
Asia Pacific digital therapeutics market, 2018-2030 (US$M)
Related Markets
Asia Pacific digital therapeutics market highlights
- The Asia Pacific digital therapeutics market generated a revenue of USD 1,303.1 million in 2023.
- The market is expected to grow at a CAGR of 28.8% from 2024 to 2030.
- In terms of segment, diabetes was the largest revenue generating application in 2023.
- Diabetes is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,303.1 million |
| Market revenue in 2030 | USD 7,671.9 million |
| Growth rate | 28.8% (CAGR from 2023 to 2030) |
| Largest segment | Diabetes |
| Fastest growing segment | Diabetes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diabetes, Obesity, CVD, Respiratory Diseases, Smoking Cessation, CNS Diseases |
| Key market players worldwide | Omega Healthcare Investors Inc, Teladoc Health Inc, ResMed Inc, Fitbit, Mango Health, Akili Inc Ordinary Shares, Hygeia Healthcare Holdings Co Ltd Ordinary Shares, DarioHealth Corp, BioGaia AB Class B |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.9% of the global digital therapeutics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,671.9 million by 2030.
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Digital Therapeutics Market Scope
Digital Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific digital therapeutics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital therapeutics market will help companies and investors design strategic landscapes.
Diabetes was the largest segment with a revenue share of 30.49% in 2023. Horizon Databook has segmented the Asia Pacific digital therapeutics market based on diabetes, obesity, cvd, respiratory diseases, smoking cessation, cns diseases covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in demand for effective healthcare, rise in smartphone penetration, and improved access to internet are the underlying factors facilitating rapid increase in Asia Pacific’s digital therapeutics market. As a result of this major expenditure, the demand for these services is expected to increase. The Australian Digital Health Agency is responsible for the country’s digital health strategy.
This increasing use of smartphones is expected to drive mobile platforms for various healthcare services, including digital therapeutics. Emerging economies, such as Malaysia and Thailand, have encouraged development of low-cost mobile technologies, further facilitating growth.
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Target buyers of Asia Pacific digital therapeutics market databook
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Our clientele includes a mix of digital therapeutics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific digital therapeutics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific digital therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific digital therapeutics market size, by country, 2018-2030 (US$M)
Asia Pacific Digital Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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