Report ID: SQMIG35G2218
Digital Biomarkers Market Size, Share, Growth Analysis, By Type (Wearable, Mobile based Applications), By Clinical Practice (Diagnostic digital biomarkers, Monitoring Digital Biomarker), By End-Use (Healthcare companies, Payers), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35G2218 |
Region:
Global |
Published Date: August, 2024
Pages:
219
|
Tables:
128 |
Figures:
77
Digital Biomarkers Market Regional Insights
North America dominated the market and held a revenue share of over 59.0% in 2022, which can be attributed to the region's enhanced awareness of the efficacy of digital biomarkers as well as the region's substantial number of key market players, significant product launches, increase in investment in research and development, and growing acceptance of smart devices. A few other key factors for this area to forecast market expansion include the increasing number of initiatives to improve healthcare IT and the existence of healthcare programmers. Additionally, it is anticipated that the market in North America will be driven by the strategic initiatives of the region's market participants and significant R&D expenditure.
The fastest growth in the digital biomarker market is anticipated in Europe, where a growing number of chronically ill patients are driving demand for real-time monitoring and disease diagnosis. Additionally, during the forecast period, market expansion is being fueled by developed healthcare infrastructure in European countries and a strong emphasis on R&D activities, which is anticipated to propel market expansion.
Digital Biomarkers Market Report Snapshots
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