MobiHealth News October 28, 2020
New study finds that as the pandemic accelerates regulatory acceptance, the market value is expected to grow by 865% over the next five years.
A study from UK-based analyst house, Juniper Research has found that the number of people using digital therapeutics and wellness apps will grow from 627 million in 2020 to more than 1.4 billion in 2025.
This follows regulators responding to COVID-19 by loosening rules that had previously delayed the work of digital therapeutics developers.
WHY IT MATTERS
The study, called Digital Therapeutics & Wellness: Disruption, Innovation Opportunities & Market Size 2020-2025, also revealed that by 2021, over 44 million people will be using digital therapeutics to manage their healthcare.
This is an increase of 288% over...
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