Digital Biomarkers Market Size to Hit USD 43.3 Billion by 2034, Projected a 31.4% CAGR - Report by Transparency Market Research, Inc. [Yahoo! Finance]
Abbott Laboratories (ABT)
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Source: Yahoo! Finance
The growth is driven by the need for precise, real-time data to improve health outcomes and the increased adoption of digital health technologies in medical practice. WILMINGTON, Del. July 25, 2024 /PRNewswire/ -- The global digital biomarkers market stood at US$ 2.1 billion in 2023, and the global market is projected to reach US$ 43.3 billion in 2034. The digital biomarkers market is anticipated to expand at a CAGR of 31.4% between 2024 and 2034. The digital biomarkers market is experiencing significant growth driven by the increasing prevalence of chronic diseases and advancements in digital health technologies. Digital biomarkers refer to objective, quantifiable physiological data collected and analyzed through digital devices or platforms. These biomarkers provide valuable insights into an individual's health status, disease progression, and response to treatment. One key driver of the digital biomarkers market is the rising burden of chronic diseases worldwide. Conditions s
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