The global digital biomarkers market is projected to be worth USD 10.38 Billion by 2027, according to a current analysis by Emergen Research. The digital biomarkers market is observing rapid growth attributed to the growing incidence of chronic diseases. The swiftly growing burden of chronic diseases across the globe are fueling the market growth. According to the statics released by WHO (World Health Organization), the burden of chronic diseases is projected to grow by 57.0% by the year 2020 from 2001. Developing nations are expected to be highly impacted, contributing to 60.0% of the global burden of chronic diseases.
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The low cost and improved scalability of digital biomarkers based on smartphone apps help in facilitating a prospective wealth of social, behavioral, psychological, and environmental data that were formerly inaccessible.
Covid 19 impact analysis@
The latest research report is dubbed as the first document encompassing the latest information about Digital Biomarkers Market that has been gravely affected by the COVID-19 pandemic. The global Digital Biomarkers Market health crisis poses significant threats to the future growth of Digital Biomarkers Market industry. The report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
Key participants include AliveCor Inc., Bayer AG, Evidation Health Inc., Fitbit Inc., Happify Health, Koninklijke Philips NV, Neurotrack Technologies Inc., GlaxoSmithKline Inc., Novartis International AG, and F. Hoffmann-La Roche Ltd., among others.
Key Objectives of the Global Digital Biomarkers Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Digital Biomarkers Market
- and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
Digital Biomarkers Market Segmentation by Type
Emergen Research has segmented the global digital biomarkers market on the basis of system component, therapeutic area, end-users, and region:
System Component Outlook (Revenue, USD Billion; 2017-2027)
Data Collection Tools
Data Integration Systems
Therapeutic Area Outlook (Revenue, USD Billion; 2017-2027)
Sleep and Movement Disease
End-Users Outlook (Revenue, USD Billion; 2017-2027)
Key Questions Answered in the Report:
What is the growth rate of the Digital Biomarkers Market ? What is the anticipated market valuation of Digital Biomarkers Market industry by 2027?
What are the key growth driving and restraining factors of the Digital Biomarkers Market ?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Digital Biomarkers Market industry over the forecast period?
Which region is expected to show significant growth in the coming years?
The research provides answers to the following key questions:
- What is the expected growth rate of the Intelligent Digital Biomarkers Market for the forecast period 2020 – 2027? What is the market size likely to be during the estimated period?
- What are the key driving forces shaping the future of the industry across different countries?
- Who are the prominent market players dominating the Intelligent Digital Biomarkers Market ? How have they managed to maintain a competitive edge over their competitors?
- What are the major trends and opportunities responsible for the progress of the Digital Biomarkers Market during the estimated period?
- What are the major obstacles hindering the progress of the market worldwide?
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.