Figure 1 – CRA referencing Deloitte’s 2021 Report on Digital Therapeutics
WHO’s Vision for Digital Health
The World Health Organization (WHO) champions the advancement of digital health technologies. Their ‘Global Strategy on Digital Health 2020-2025’ serves as a beacon, guiding nations towards broadening digital health services.
The strategy’s ambition is clear: enhance global access to personalized digital health solutions that can effectively prevent, detect, and manage health threats, including epidemics and pandemics.
Encouragingly, the strategy propels health authorities to define market access rules and set reimbursement standards. With the WHO’s endorsement, the digital health market’s future looks promising, with projections indicating a 25.3% growth from 2023 to 2031.
Figure 2 – Frontiers in Medtech
Conclusion
Digital therapeutics, blending seamlessly into our digital lives, hold a transformative promise for healthcare. Not only have they been integrated into society’s fabric, like smartphones and tablets, but institutions like WHO also laud their potential in combating global health challenges. In upcoming blog posts, we’ll navigate the regulatory intricacies these innovations face.