During our research, we came across 32 industry players that
are presently engaged in the development of digital solutions for biomarkers. Most of the developers (44%)
engaged within this domain were established during the period 2010-2013. Specifically, nine new companies
have been established in the last five years (since 2016). Majority of
the companies engaged in the development / deployment of digital
solutions for biomarkers are small firms (38%), followed by very small (XX%)
and mid-sized players (XX%). It is worth noting that two big pharma players,
namely Janssen
Pharmaceuticals and Roche, are also engaged in the development of such
solutions.
Most of the developers engaged in this domain (~70%) are
headquartered in North America. Within this region, majority of the developers
are based in the US (20). This is followed by Europe, wherein XX% of the total
developers are located. In this region, majority of the players engaged in the
development of digital solutions for biomarkers are located in Switzerland (XX)
and UK (XX). Further, most of the developers of digital solutions for
biomarkers (XX%) operate as per the B2B business model (wherein a company distributes
its products to through doctors, healthcare professionals, payers and insurance
providers), followed by those following the B2C (XX%) business model (wherein
a company distributes its products to consumers directly). It is worth
mentioning that around XX% of the companies engaged within this domain have
adopted a hybrid model, which is a combination of the B2B and B2C approaches,
to target a wider patient segment.
During our research, we were able to identify 46 digital
solutions for biomarkers; of which, over 50% are available for use. It is worth highlighting that majority (over
45%) of these modern solutions have been / are being developed as combination
offering of software application and device. This is followed by standalone
software applications (XX%) and combination offering of software application
and AI Support (XX%).
Most of the digital solutions have been / are being
developed to capture physiological biomarkers (32%), followed by those intended
for vocal biomarkers (XX%), and idiosyncratic biomarkers (XX%). It is worth
mentioning that majority (over 20%) of the digital solutions for biomarkers are
being / have been developed for patients with neurological disorders. In
addition, we were able to identify more than 15% solutions that target infectious
disorders, of which XX% are being explicitly used to target the COVID-19
disease. Further, mental health related problems and respiratory disorders are
other prominent therapeutic areas being targeted by the developers of digital
solutions for biomarkers.
For more information, please click on the following:
https://www.rootsanalysis.com/reports/digital-biomarkers-market.html