Digital therapeutics (DTx) are evidence-based therapeutic interventions, driven by the high quality software programs, to prevent, manage, or treat a medical disorder or disease. DTx have potential to reduce disease burdens, deliver better clinical outcomes, and improve patients’ lives by offering better ways to manage chronic health conditions.
Market Dynamics:
Rise in burden of chronic diseases, outbreak of COVID-19 (pandemic), growing adoption of digital healthcare, rise in adoption of novel technologies, and favorable government initiatives (support) are major factors expected to augment growth of the US digital therapeutics market.
For instance, in September 2022, the U.S. Food & Drug Administration (USFDA) announced the launch of the Digital Health Center of Excellence within the Center for Devices and Radiological Health (CDRH). The launch of the Digital Health Center of Excellence is a vital step in furthering the agency’s overarching dedication to the advancement of digital health technology, including mobile health devices, Software as a Medical Device (SaMD), wearables when used as a medical device, and technologies used to study medical products.
Key features of the study:
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