North America Digital Therapeutics Market Size & Outlook
North America digital therapeutics market, 2018-2030 (US$M)
Related Markets
North America digital therapeutics market highlights
- The North America digital therapeutics market generated a revenue of USD 2,515.3 million in 2023.
- The market is expected to grow at a CAGR of 25.6% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,515.3 million |
| Market revenue in 2030 | USD 12,433.6 million |
| Growth rate | 25.6% (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, North America region accounted for 40.4% 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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North America 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 28.23% in 2023. Horizon Databook has segmented the North America 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.
Key North American countries in the market are the U.S. and Canada. North America’s overall market is expected to grow at a healthy rate over the forecast period, which can be attributed to increased use of digital health products and favorable reimbursement scenarios that focus on improving quality of life through improved tracking & diagnostics.
Increase in prevalence of chronic diseases and geriatric population in the region is expected to drive the market. North America held a large share in the global digital therapeutics market in 2020, and is expected to maintain its dominance in the forecast period.
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Target buyers of North America 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 North America digital therapeutics market , including forecasts for subscribers. This continent databook contains high-level insights into North America digital therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America digital therapeutics market size, by country, 2018-2030 (US$M)
North America Digital Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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