BASINGSTOKE, England, March 14 (Bernama-BUSINESS WIRE) — A new study from Juniper Research has found digital therapeutics revenue from health insurers will increase to $8 billion by 2026, up from $1.1 billion in 2022; representing growth of 610% over the next four years. Digital therapeutics are clinically validated software programs for treatment of chronic medical conditions, either independently or in conjunction with other therapies.
The report found digital therapeutics facilitate the proactive mitigation of chronic medical conditions before they require costly interventions; enabling health insurers to reduce long-term costs per patient. However, it highlighted that these savings will be limited to health insurers in developed regions, where consumer devices and digitalised health infrastructure are ubiquitous. As such, it noted health insurers in Africa and Latin America will contribute less than 2% towards health insurer-led digital therapeutics revenue in 2026.