India Digital Therapeutics Market Size & Outlook
India digital therapeutics market, 2018-2030 (US$M)
Related Markets
India digital therapeutics market highlights
- The India digital therapeutics market generated a revenue of USD 148.6 million in 2023 and is expected to reach USD 900.4 million by 2030.
- The India market is expected to grow at a CAGR of 29.4% 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 148.6 million |
| Market revenue in 2030 | USD 900.4 million |
| Growth rate | 29.4% (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, India accounted for 2.4% 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 Asia Pacific, China digital therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 149.6 million by 2030.
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Digital Therapeutics Market Scope
Digital Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 31.16% in 2023. Horizon Databook has segmented the India 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.
Rapid urbanization and digitalization in the country are promoting market growth. Furthermore, constant improvements in infrastructure and efforts to maintain sustainable growth through financial inclusion are likely to benefit the market.
In August 2020, the Indian government introduced National Digital Health Mission, a complete digital health ecosystem. Such initiatives can contribute to overall market growth. Players are focused on providing optimum customer value on a dynamic level, which can further fuel market growth.
For instance, in June 2021, an India-based digital therapeutics company, Fitter fly, unveiled digital recovery program for diabetic patients who have contracted COVID-19. In June 2021, Lupin announced that it entered the digital healthcare business with a focus to deliver a digital therapeutics platform for doctors and patients in the country.
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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 India digital therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into India digital therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India digital therapeutics market size, by application, 2018-2030 (US$M)
India Digital Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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