Digital Biomarkers Market Size, Opportunities, Trends, Products, Revenue Analysis, For 2035 from rupali14mehta's blog

Digital Biomarkers Market Overview

Digital biomarkers are shaping the future of  medical interventions. Smart digital devices, encompassing smartphones, tablets, smartwatches and other IoT gadgets, have witnessed significant increase in their adoption, across the world.

The digital Biomarkers Market is estimated to be USD 5.55 billion in 2024 and is projected to reach USD 35.8 billion in 2035.

This trend is fueled by their ever-rising functionalities, such as seamless connectivity, AI-driven personal assistants and health monitoring features (by analyzing digital biomarkers).As these devices become economical and technologically advanced, their ubiquity continues to grow.

Various firms in the digital biomarkers domain are increasingly entering into collaborations with local and internal players to expand their capabilities. The rising interest in the digital biomarker domain is reflected in the wide array of partnerships established between various stakeholders in the recent past. Majority of the partnerships in this domain have been inked post-2020. Further, product / technology integration agreements emerged as the most popular type of partnership model over the years. In terms of intercontinental, as well as intracontinental, most of the deals have been inked by players based in North America. Further, companies based in the US have signed the maximum number of local deals as well as international deals.

Presently, the near about 40% of the sales revenues is generated by digital biomarker solutions for monitoring, followed by 25% by digital biomarker solutions for predictive insights. It is worth mentioning that, in 2035, physiological biomarkers are likely to dominate the digital biomarkers market.

Digital Biomarkers Market Key Players

Key players in digital biomarkers domain include AliveCor, BACtrack, Biogen, BioSensics, empatica, Eyenuk, Feel Therapeutics, icometrix, and Quibim

In terms of therapeutic area, the market is likely to be dominated by neurological disorders. Furthermore, digital biomarker solutions for B2C model capture 65% share of the overall digital biomarker solutions market; however, this trend (in terms of market share) is likely to change during the forecasted period, as developers are increasingly adopting B2B business models in order to maintain sustained growth.

Digital Biomarkers Market Geographical Regions

Key Geographical Regions of Digital Biomarkers Market include North America, Europe, Asia-Pacific, Middle East and North Africa, and Rest of the World. Presently, digital biomarker solutions in North America capture the around 45% share of the overall digital biomarkers market, and this trend is unlikely to change in the future. This is followed by the market share captured by Europe. Further, the digital biomarker solutions market in Asia-Pacific is anticipated to grow at a higher pace, having a CAGR of over 21%, during the forecast period.

Browse Complete Report at: https://www.rootsanalysis.com/reports/digital-biomarkers-market.html

About Roots Analysis

Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture catalysts, and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights. All reports provided by us are structured in a way that enables the reader to develop a thorough perspective on the given subject. Apart from writing reports on identified areas, we provide bespoke research / consulting services dedicated to serving our clients in the best possible way.

The research efforts are driven by a global team. The leadership team brings a wealth of experience within the sector. Their collective experience in pharmaceutical / affiliated domains allows us to tackle various areas of research in a structured way. We also regularly leverage our global network of experts who hold senior leadership positions in reputed firms and organizations worldwide.

All our analysts are trained to produce high-quality research work. They are continuously mentored by senior experts to present an original, unbiased and informed perspective on pressing issues in the industry. On any particular subject, we bring together the best available resources to ensure highest quality in all our reports.

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