Germany Digital Therapeutics Market Size & Outlook
Germany digital therapeutics market, 2018-2030 (US$M)
Related Markets
Germany digital therapeutics market highlights
- The Germany digital therapeutics market generated a revenue of USD 342.3 million in 2023 and is expected to reach USD 1,849.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 27.2% 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.
Digital therapeutics market data book summary
| Market revenue in 2023 | USD 342.3 million |
| Market revenue in 2030 | USD 1,849.2 million |
| Growth rate | 27.2% (CAGR from 2023 to 2030) |
| Largest segment | Diabetes |
| Fastest growing segment | Diabetes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 5.5% of the global digital therapeutics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK digital therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 732.4 million by 2030.
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Digital Therapeutics Market Scope
Digital Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 29.24% in 2023. Horizon Databook has segmented the Germany 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.
Germany’s digital therapeutics market is anticipated to exhibit growth owing to its well-established healthcare infrastructure, availability of technologically advanced & connected medical devices, and easy access to patient health information.
Currently, the country is pushing for digital transformation of its healthcare industry, driven by the COVID-19 pandemic. In addition, in 2016, it established E-Health Act, which aimed to create information and communication technology in healthcare.
In September 2020, the initial prescription digital health applications were approved for reimbursement in the country by the Federal Institute for Drugs and Medical Devices. With the introduction of such initiatives, entry of established market players is expected to be witnessed over the next years, promoting market growth.
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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 country-level data and insights on the Germany digital therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into Germany digital therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany digital therapeutics market size, by application, 2018-2030 (US$M)
Germany Digital Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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