Mental Health Digitals are fastest growing segment fueling the growth of Digital Biomarkers Market
Digital biomarkers are objective, quantifiable physiological and behavioral data that can be acquired through digital sensors and used to measure mental health states and predict health outcomes. They help in accurately diagnoses of various mental health conditions like depression, bipolar disorder, schizophrenia etc at an early stage. The global Digital Biomarkers Market is estimated to be valued at US$ 2.86 Bn in 2023 and is expected to exhibit a CAGR of 34% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the major key trend in the digital biomarkers market size is growing adoption of patient-centric approach. There is a shift from lab-based diagnostic methods to remote, digital and decentralized methods of monitoring health indicators. Wearable devices and smartphones equipped with various sensors are emerging as patient-friendly tools for continuous monitoring of vital signs and symptoms at...