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Digital Therapeutics Align to the Triple Aim

February 4, 2021

By Kristy Lindquist, Partner

The digital therapeutics (DTx) market has become increasingly mainstream across the past decade and has experienced increased momentum during the COVID pandemic. As a unique channel in the broader digital-health ecosystem, the DTx market has been steadily growing. In May 2019, Juniper Research predicted a 1,000% growth trajectory over the next five years, to more than $32 billion. Additionally, in 2019, the FDA launched a pre-certification program and other policies to provide a streamlined path to software product approval.

Last year, Somryst, a prescription digital therapeutic combining cognitive behavioral therapy and personalized sleep restriction, was the first software product to pass through the FDA's early Pre-certification Program pilot. Since this pilot, and exacerbated by the COVID crisis, DTx companies are attracting even more attention as cost-effective solutions to the financial, medical and psychosocial challenges heightened by the pandemic. 

ChasmPOV

DtX brings many advantages to the evolution toward value-based care and the goals of the Triple Aim:

By addressing industry inefficiencies and reducing costs, DTx uniquely addresses outcome and experience challenges to quicken the pace toward the Triple Aim goals and broader application of value-based care.

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