The European digital therapeutics market is projected to expand significantly, reaching US$ 1,338.13 million by 2028, up from US$ 1,023.59 million in 2021, demonstrating a compound annual growth rate (CAGR) of 22.9% between 2021 and 2028.
This growth is primarily fueled by an increase in strategic partnerships and collaborations among healthcare companies, alongside a surge in the number of digital therapeutics start-ups across Europe. However, concerns regarding cyber threats and data security risks pose a challenge to market expansion.
đź“šDownload Full PDF Sample Copy of Market Report @
https://wwcw.businessmarketinsights.com/sample/TIPRE00028819
Digital therapeutics have gained considerable traction with employers and insurance providers due to their numerous benefits. The market has witnessed significant collaborations, propelling its growth. While the sector currently features a large number of smaller players, major corporations have shown increasing interest in recent years. For example, in June 2018, Cigna partnered with Omada Health to provide eligible customers with free access to Omada’s digital behavioral counseling platform. Similarly, in 2019, Propeller Health collaborated with Orion Corporation to integrate Orion’s Easyhaler inhalers with Propeller’s digital medicine platform, significantly expanding Propeller’s European footprint. Furthermore, in May 2018, the Digital Therapeutics Alliance (DTA) partnered with USP to establish standards for digital therapeutics, and in October 2018, DTA broadened its European reach by collaborating with S3 Connected Health.
Digital therapeutics play a crucial role in monitoring and managing chronic conditions such as diabetes, heart disease, and respiratory infections. Government initiatives supporting this sector, including aided reimbursements and increasing approvals, coupled with a growing number of patients benefiting from digital monitoring, are expected to encourage new start-ups to enter the digital therapeutics industry.
Strategic Insights on Europe’s Digital Therapeutics Market
This analysis delivers a data-driven examination of the digital therapeutics landscape in Europe, highlighting emerging trends, competitive dynamics, and regional variations. By uncovering growth opportunities and unmet needs, these insights enable businesses to craft differentiated strategies—whether through targeting underserved segments or refining unique value propositions.
Powered by advanced analytics, the report equips stakeholders—investors, manufacturers, and industry leaders—to proactively navigate market evolution and capitalize on future trends. With a forward-looking approach, it supports long-term positioning in this rapidly evolving sector.
Ultimately, these strategic insights empower decision-makers to drive profitability and achieve their objectives by leveraging actionable intelligence tailored to Europe’s digital therapeutics market.
key company profiles
ď‚· Propeller Health (ResMed)
ď‚· Noom, Inc
ď‚· Welldoc, Inc.
ď‚· Fitbit, Inc.
Europe Digital Therapeutics Regional Insights
The geographic scope of the Europe Digital Therapeutics refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & DĂ©fense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications
Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights
