CB Insights June 23, 2023
Digital therapeutics (DTx) and wellness — a subcategory of digital health — has garnered interest from insurers, payers, and health systems as they look to provide more care in non-clinical settings and increase their focus on preventive health and patient engagement tools. Vendors in the space are building products like AI mental health chatbots, FDA-approved software interventions, VR-based wellness solutions, and nutritional coaching apps for chronic disease management.
But the market is also facing some obstacles. For example, digital therapeutics pioneer Pear Therapeutics filed for bankruptcy in April 2023,...