DIGITAL BIOMARKERS MARKET ANALYSIS

Digital Biomarkers MarketSize and Trends

Global Digital Biomarkers Market Trends:

Rise in adoption of wearables is a recent trend

With the increasing awareness among people about health, fitness, and well-being, especially after COVID-19, the demand or adoption of wearable devices is also increasing with a rapid pace across the world. Wearable health monitoring devices help in monitoring the health data of the wearer. Moreover, introduction of easy-to-use and technologically advanced wearables by market players to detect vital signs has also increased the demand for digital biomarkers. This trend is expected to continue over the forecast period, driving the market growth.

Increasing healthcare digitization is another trend

Increasing digitization in the healthcare industry has revolutionized medical research, diagnostics, and therapeutics. Digital biomarkers are data that consumers directly collect about health or disease management through digital health technologies to explain, influence, and/or predict health-related outcomes. Digital biomarkers play an increasing important role in diagnostics and prognostics and as a result can be used to improve patient health. This trend is also expected to continue during the forecast period, driving the growth of the market.