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Digital Medicines Market

Information technology has introduced age of digital medicine, and growing number of tradition and non-traditional IT companies are stepping into new healthcare tools and service.
Digital Medicines Market - Trends, Outlook, and
Opportunity Analysis, 2018-2026
Information technology has introduced age of digital medicine, and growing number of tradition
and non-traditional IT companies are stepping into new healthcare tools and service. Digital
medicine refers to use of evidence based technology and product that rely on health
information to diagnose, prevent, monitoring or treat disease and disease conditions.
Technologies such as telemedicine are redefining how doctors and patients interact. Digital
medicine technology is more privileged then current medical practice since it is more precise
and effective technology. In 2017 first digital pill was approved by U.S. food and drug
administration (FDA) in the U.S. which tracks if patients have taken their medication.
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Digital Medicines Market - Drivers
Digital medicine market is expected to witness significant growth during the forecast period,
owing to high usage of smart phone. The use of mobile devices by health care professionals
(HCPs) has transformed many aspects of clinical practice. Mobile devices have become
commonplace in health care settings, leading to rapid growth in the development of medical
software applications (apps) for these platforms. For instance, according to Pew Research Center
2019 data, mobile technology has spread rapidly around global. It estimate that more than 5
billion people have smart phones globally.
Rising awareness of personalized healthcare factor is drive the digital medicine market growth
during he forecast period. For instance, according to Dosis Personalized and Digital Medicine
Consumer Report surveyed in 2019 more than 1,000 consumers, weighted for the U.S.
population, to gain a better understanding between the advances in personalized medicine
approaches and general consumer awareness of its benefits.
Report includes chapters which deeply display the following deliverable about industry :
• Digital Medicines Market Research Objective and Assumption
• Digital Medicines Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Digital Medicines Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Digital Medicines Market, By Regions
• Digital Medicines Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Digital Medicines Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Digital Medicines Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Digital Medicines Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Digital Medicines Market-Regional Analysis
On the basis of region, the digital medicine market is segmented into North America, Latin
America, Europe, Asia pacific, Middle East, and Africa. North America dominates the digital
medicine market during the forecast period, increasing prevalence of chronic disease. For
instance, according to National Center for Biotechnology Information (NCBI) 2018 report,
chronic diseases are among the most prevalent and costly health conditions in the United State
around 133 million Americans suffer from at least one chronic disease.
Asia pacific is expected to witness significant growth over the forecast period, owing to rising
expenditure in digital healthcare. For instance, according to China Digital Health Care
Revolution 2015 reports, in 2014 approximately $700 million in venture funding poured into
digital healthcare in china, with investors supporting all thing digital e-commerce to online
physician and patient communication service.
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Digital Medicines Market-Competitive Landscape
Key player operating in the digital medicine market include i2Morrow Inc., Inc., Akili
Interactive Labs, Livongo Health, AliveCor Inc., WellDoc Inc., Mocacare, Proteus Digital Health
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