A rise in global healthcare costs coupled with increased awareness amongst consumers and expanding middle class population in developing countries have led to a sudden increase in demand for wearable medical devices.

The Digital Therapeutics market is expected to register significant growth over the forecast period owing to an increase in demand for online healthcare activities and modernization of healthcare delivery in the future aimed at preventative healthcare.

The fusion of Big Data, the Internet of Things, and advanced analytics is providing manufacturers with unprecedented insights into manufacturing performance, customer behaviour, and new product development as never seen before