Exploratory Study on Development Trends of Digital Therapeutics (DTx) and Wellness Solutions
This study explores the integration potential of digital therapeutic devices (DTx) and wellness products, focusing on development expansion and market entry strategies in the rapidly evolving healthcare industry. With DTx projected to reach $528.8 million by 2025 (27.2% CAGR) and the wellness industry expected to grow to $1.5 trillion, the research analyzes current trends, integration possibilities, and practical applications. Key findings emphasize the importance of scientific evidence, personalized solutions, digital marketing, community building, and sustainability in developing integrated products. The study proposes risk-based regulatory frameworks to address convergence challenges and suggests modular systems and real-world evidence utilization. Through literature reviews and case analyses, it examines definitions, characteristics, market states, and development trends of DTx and wellness products. Ultimately, this research offers insights into innovative convergent products in digital healthcare, highlighting the need for strategic development, market entry, and regulation approaches, thus contributing to the advancement of personalized healthcare and broader digital health solution adoption.
Authors
- Sung-Wook Yoon (ORCID: https://orcid.org/0000-0003-3309-0287)
Publication Details
- Journal
- Journal of Korea Multimedia Society
- Published
- 2024-08-31
- DOI
- https://doi.org/10.9717/kmms.2024.27.8.854
- Primary Topic
- Diverse Approaches in Healthcare and Education Studies
- Type
- article
- Field-Weighted Citation Impact
- 0.00