PUBLISHER: DataM Intelligence | PRODUCT CODE: 1683386
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1683386
The global digital therapeutics for neurological disorders market reached US$ 246.94 million in 2024 and is expected to reach US$ 504.36 million by 2033, growing at a CAGR of 8.3% during the forecast period 2025-2033.
Digital therapeutics for neurological disorders refer to evidence-based therapeutic interventions that leverage digital platforms such as mobile apps, software programs, virtual reality (VR), wearables and other connected devices to prevent, manage or treat neurological conditions. These treatments are often powered by advanced technologies such as artificial intelligence (AI), machine learning (ML), big data analytics and neurostimulation to deliver tailored, real-time and often non-invasive care.
Digital therapeutics are designed to provide precise, personalized and patient-centered interventions, focusing on cognitive, motor and behavioral functions that are impacted by neurological disorders. They can be used in conjunction with traditional treatments or as standalone therapies and may involve self-management, rehabilitation, symptom monitoring or behavior modification. These digital solutions aim to improve clinical outcomes while offering greater accessibility, convenience and reduced costs compared to traditional treatments.
Market Dynamics: Drivers & Restraints
Shift Towards Home-Based Care & Remote Patient Monitoring
The shift towards home-based care & remote patient monitoring is significantly driving the growth of the digital therapeutics for neurological disorders market and is expected to drive the market over the forecast period. Home-based care allows patients to receive treatment without the need for frequent hospital visits, particularly important for patients with chronic neurological conditions like Parkinson's Disease, Alzheimer's or Multiple Sclerosis. By leveraging digital therapeutics, patients can manage their symptoms at home using mobile apps, wearables or other digital platforms.
For instance, Akili Interactive's EndeavorRx, a digital therapeutic for ADHD, is an example of a solution that can be used at home, allowing patients to receive therapy without the need for in-clinic visits, reducing the burden on both patients and healthcare providers.
Remote patient monitoring helps overcome geographic barriers, allowing patients in rural or underserved areas to access advanced neurological care without traveling long distances. Digital therapeutics solutions, which include apps for symptom tracking and therapy adherence, can be used anywhere, bridging gaps in access to specialized care.
Digital therapeutics are designed to engage patients by offering tools like self-management apps, reminders, and personalized interventions. This improves patient adherence to therapy regimens, especially in chronic neurological conditions that require long-term management. The interactive and gamified nature of many digital solutions boosts engagement, making it easier for patients to stick with prescribed therapy regimens and track their progress regularly.
For instance, in October 2023, BeCareLink introduced a new quantitative and artificial intelligence (AI)-enabled app to support general neurologic exams for the screening and monitoring of neurologic diseases. Called BeCare Neuro Link, the new mobile application is intended for the remote, objective and comprehensive assessment of neurologic patients or those with potential neurologic conditions.
Data Privacy & Cybersecurity Concerns
Data privacy and cybersecurity are major concerns in the digital therapeutics for neurological disorders market, as these platforms rely on the collection, storage and analysis of sensitive patient data, including personal health information (PHI), cognitive assessments, and real-time health monitoring. Digital therapeutics platforms often store patient data in cloud-based systems or other online infrastructures, making them vulnerable to cyberattacks. A breach of sensitive health data could result in identity theft, financial fraud, or even medical fraud.
For instance, according to the HIPAA Journal, in August 2023, 23 million breached healthcare records are noticed. Over the past 12 months, an average of 9,989,003 healthcare records were breached each month. In the year to August 31, 2024, there have been 491 data breaches of 500 or more records, and at least 58,668,002 records are known to have been breached. The average breach size in 2024 is currently 119,487 records and the median breach size is 4,109 records.
The global digital therapeutics for neurological disorders market is segmented based on product type, disease type, end-user and region.
The software therapeutics from the product type segment are expected to dominate the global digital therapeutics for neurological disorders market
Software therapeutics, primarily through mobile applications and web-based platforms, are accessible anytime, anywhere, making them a convenient option for patients. This ease of use is a major reason why software-based digital therapeutics are preferred in home-based care scenarios, especially for neurological conditions where ongoing management is required.
For instance, Cogstate's Cognigram is a software platform that provides cognitive testing for people with Alzheimer's disease and mild cognitive impairment. This platform enables patients to track cognitive performance remotely and interact with their healthcare provider, offering a more convenient and accessible solution than traditional in-clinic testing.
Software therapeutics are generally more cost-effective compared to traditional treatments that involve frequent doctor visits, hospitalizations, or long-term medication. By offering at-home solutions and reducing the need for in-person consultations, software therapeutics can lower the overall healthcare costs for both patients and healthcare providers. For instance, Pear Therapeutics' reSET-O, a prescription digital therapeutic for opioid use disorder, is an FDA-approved software solution that reduces the need for continuous in-person visits and provides remote support.
North America is expected to hold a significant position in the global digital therapeutics for neurological disorders market
North America, and particularly the United States, benefits from a well-established regulatory framework through the FDA (Food and Drug Administration), which has streamlined the approval process for digital therapeutics. This regulatory clarity boosts market confidence and accelerates the adoption of digital therapeutics solutions for neurological disorders. For instance, The FDA's Digital Health Innovation Action Plan aims to promote innovation and expedite the approval of digital therapeutics. The approval of products like EndeavorRx (for ADHD) and reSET (for addiction treatment) demonstrates the regulatory readiness in North America to approve digital solutions for treating neurological conditions.
The prevalence of neurological disorders such as Alzheimer's disease, Parkinson's disease, multiple sclerosis, and epilepsy is rising in North America, driving the demand for digital therapeutics. The aging population in the United States and Canada is a major factor contributing to this increase. The number of people diagnosed with Alzheimer's is expected to grow significantly in North America due to the aging Baby Boomer population.
Digital therapeutic platforms that provide cognitive training, symptom tracking, and remote monitoring are increasingly sought after to manage the long-term care needs of these patients. For instance, according to the Alzheimer's Association, in the U.S. alone, 5.8 million people were living with Alzheimer's disease in 2020, and that number is expected to double by 2060. As the number of patients increases, so does the demand for digital health solutions to manage these conditions.
The major global players in the digital therapeutics for neurological disorders market include Akili, Inc., Click Therapeutics, Inc., BigHealth, Apple Inc., MindMaze Inc, NeuroPace, Inc., NeurologyToolKit, Matoph Labs e.U., Fullpower Technologies, Inc., Neybox Digital Ltd. and among others.
The global digital therapeutics for neurological disorders market report delivers a detailed analysis with 62 key tables, more than 56 visually impactful figures and 166 pages of expert insights, providing a complete view of the market landscape.
Target Audience 2024
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