Global Digital Biomarker
Market Report
2024
Digital Biomarker market size is USD 1751.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 36.20% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Digital Biomarker market size is USD 1751.2million in 2024 and will expand at a compound annual growth rate (CAGR) of 36.20% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Digital Biomarker Market Sales Revenue 2024 | $ 1751.2 Million |
Global Digital Biomarker Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 36.2% |
Middle East and Africa Digital Biomarker Market Sales Revenue 2026 | $ 35.02 Million |
Middle East and Africa Digital Biomarker Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 35.9% |
South America Digital Biomarker Market Sales Revenue 2024 | $ 87.56 Million |
South America Digital Biomarker Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 35.6% |
Europe Digital Biomarker Market Sales Revenue 2024 | $ 525.36 Million |
Europe Digital Biomarker Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 34.7% |
Asia Pacific Digital Biomarker Market Sales Revenue 2024 | $ 402.78 Million |
Asia Pacific Digital Biomarker Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 38.2% |
North America Digital Biomarker Market Sales Revenue 2024 | $ 700.48 Million |
North America Digital Biomarker Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 34.4% |
Market Split by Type |
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Market Split by Clinical Practice |
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Market Split by Therapeutic Area |
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Market Split by End-Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Digital Biomarker Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Digital Biomarker Market refers to the sector within the healthcare industry that focuses on the development, implementation, and utilization of digital technologies to monitor, measure, and analyse biological and physiological markers of health and disease. Digital biomarkers encompass a wide range of data collected from various sources, including wearable devices, mobile apps, sensors, and remote monitoring platforms. One key driver propelling the growth of the Digital Biomarker Market is the increasing prevalence of chronic diseases and the growing demand for remote patient monitoring solutions. With the rising burden of chronic conditions such as diabetes, cardiovascular diseases, and respiratory illnesses, there is a growing need for innovative approaches to monitor patients' health status and track disease progression.
Another significant driver fuelling the expansion of the Digital Biomarker Market is the rapid advancement of wearable technology and sensor technologies. Wearable devices such as smart watches, fitness trackers, and biosensors have become increasingly sophisticated, capable of capturing a wide array of physiological and behavioural data, including heart rate, sleep patterns, activity levels, and biochemical markers. These devices are equipped with advanced sensors, artificial intelligence algorithms, and wireless connectivity, enabling seamless data collection, analysis, and transmission to healthcare providers or research institutions.
In May 2022, an Israeli start-up NeuraLight, raised USD 25 million in funding to develop a program that uses deep learning and computer vision to determine if a person is suffering from a neurological condition.
One key driver in the Digital Biomarker market is the continuous advancements in wearable technology. Wearable devices, such as smart watches, fitness trackers, and biosensors, have become increasingly sophisticated, enabling the collection of real-time physiological and behavioural data. These devices can monitor various biomarkers, including heart rate, blood pressure, activity levels, sleep patterns, and even biochemical markers through non-invasive means. The integration of advanced sensors, artificial intelligence algorithms, and wireless connectivity allows for seamless data collection, analysis, and transmission to healthcare providers or research institutions. As wearable technology becomes more affordable, user-friendly, and widely accessible, it facilitates the widespread adoption of digital biomarkers for disease diagnosis, management, and personalized healthcare interventions.
Another key driver in the Digital Biomarker market is the growing emphasis on remote patient monitoring (RPM). Remote monitoring solutions enable healthcare providers to remotely track patients' health status and biomarker trends outside of traditional clinical settings. This is particularly beneficial for managing chronic conditions, post-operative care, and monitoring patients with complex medical needs. Digital biomarkers collected through wearable devices and other remote monitoring technologies provide valuable insights into patients' health and disease progression, allowing for early detection of health deterioration and timely intervention. Additionally, RPM solutions enhance patient engagement, empower individuals to take an active role in managing their health, and improve healthcare outcomes while reducing healthcare costs associated with hospital readmissions and emergency department visits.
One significant restraint in the Digital Biomarker market is the growing concern over data privacy and security. With the increasing collection of personal health data through wearable devices and digital health platforms, there is a heightened risk of data breaches, unauthorized access, and misuse of sensitive information. Patients and consumers are wary of sharing their health data due to concerns about potential privacy violations, identity theft, and discrimination based on health status. Moreover, healthcare regulations such as the Health Insurance Portability and Accountability Act (HIPAA) in the United States and the General Data Protection Regulation (GDPR) in the European Union impose stringent requirements for the protection of health data, further complicating data sharing and analysis efforts. As a result, concerns surrounding data privacy and security act as significant barriers to the widespread adoption of digital biomarkers in healthcare.
The COVID-19 pandemic has had a significant impact on the Digital Biomarker market, accelerating its growth and adoption. With the need for remote monitoring and telehealth solutions to mitigate the spread of the virus and reduce the burden on healthcare systems, there has been a heightened focus on digital health technologies, including wearable devices and remote monitoring platforms. Digital biomarkers have emerged as valuable tools for monitoring patients remotely, detecting early signs of COVID-19 infection, and tracking disease progression. Moreover, the pandemic has accelerated the development and validation of digital biomarkers for a wide range of health conditions, including respiratory illnesses, mental health disorders, and chronic diseases, as healthcare providers seek innovative ways to deliver care outside of traditional clinical settings.
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The competitive landscape of the Digital Biomarker market is characterized by intense competition among a diverse range of players, including healthcare technology companies, biotechnology firms, pharmaceutical companies, and start-ups specializing in digital health solutions. Key players in the market are continually innovating and expanding their product portfolios to stay ahead in the rapidly evolving landscape.
In May 2022, a Northern Ireland company called Cumulus Neuroscience began a set of clinical trials to further evaluate the efficiency of their toolkit to track the course of neurodegenerative diseases.
In June 2022, Korean Medical Al Company, VUNO, announced the results of its study on digital biomarkers and their impact on detecting liver cancer.
(Source: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7881406/)
Top Companies Market Share in Digital Biomarker Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the Digital Biomarker Market owing to several key factors. Firstly, the region boasts a robust healthcare infrastructure and advanced technological ecosystem, fostering the development and adoption of digital health solutions. With a high prevalence of chronic diseases and an aging population, there is a strong demand for innovative approaches to disease management and remote patient monitoring, driving the uptake of digital biomarkers.
Asia-Pacific emerges as the fastest-growing region in the Digital Biomarker Market due to several compelling factors. Firstly, the region's large and diverse population, coupled with rising healthcare expenditure and increasing adoption of digital health technologies, creates a fertile ground for market expansion. With a growing burden of chronic diseases, aging population, and increasing awareness of preventive healthcare, there is a heightened demand for innovative solutions like digital biomarkers to enable early disease detection, personalized healthcare, and remote patient monitoring.
The current report Scope analyzes Digital Biomarker Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Digital Biomarker market size was estimated at USD 1751.2 Million out of which Middle East and Africa market ofaround 2% of the global revenue with a market size of USD 35.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 35.9% from 2024 to 2031.The Digital Biomarker Market is poised for significant growth, driven by various factors. Regional analysis highlights a rapidly evolving healthcare landscape marked by increasing healthcare expenditure, improving healthcare infrastructure, and growing adoption of digital health solutions. Segmentation analysis reveals a diverse range of applications for digital biomarkers across different healthcare sectors, including neurological disorders, respiratory diseases, cardiovascular diseases, and diabetes management. the MEA region is witnessing increasing investments in healthcare technology and innovation, with a growing number of start-ups and technology companies focusing on digital health solutions. In conclusion, the Middle East and Africa region present promising opportunities for the Digital Biomarker Market, driven by its evolving healthcare landscape, technological advancements, and supportive regulatory environment.
According to Cognitive Market Research, the global Digital Biomarkers market size was estimated at USD 1751.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 87.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 35.6% from 2024 to 2031.The Digital Biomarker Market presents significant opportunities for growth, underpinned by various factors. Regional analysis indicates a growing healthcare sector driven by increasing healthcare spending, improving healthcare infrastructure, and rising awareness of digital health solutions. Segmentation analysis reveals diverse applications of digital biomarkers across different healthcare domains, including neurological disorders, respiratory diseases, cardiovascular diseases, and diabetes management. Latin America is witnessing increasing investments in healthcare technology and innovation, with a growing number of start-ups and technology companies focusing on digital health solutions. In conclusion, Latin America emerges as a promising market for digital biomarkers, driven by its evolving healthcare landscape, technological advancements, and supportive regulatory environment.
According to Cognitive Market Research,, the global Digital Biomarker market size was estimated at USD 1751.2 Million out of which Europe market of more than 30% of the global revenue with a market size of USD 525.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 34.7% from 2024 to 2031.the Digital Biomarker Market demonstrates promising growth prospects, propelled by several factors. The region's well-established healthcare system, coupled with a strong focus on research and development, provides a conducive environment for the adoption of digital health technologies. Segmentation analysis of the Digital Biomarker Market in Europe reveals a diverse array of applications across various healthcare domains, including neurological disorders, respiratory diseases, cardiovascular diseases, and diabetes management. In conclusion, Europe emerges as a significant player in the Digital Biomarker Market, driven by its robust healthcare infrastructure, research capabilities, and supportive regulatory environment.
According to Cognitive Market Research, the global Digital Biomarker market size was estimated at USD 1751.2 Million out of which Asia Pacific held the fastest growing market ofaround23% of the global revenue with a market size of USD 402.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 38.2% from 2024 to 2031.The Digital Biomarker Market shows immense potential for growth, propelled by various factors. Regional analysis indicates a burgeoning healthcare landscape marked by increasing healthcare expenditure, rapid urbanization, and a growing aging population. Segmentation analysis reveals a diverse range of applications for digital biomarkers across different healthcare sectors, including neurological disorders, respiratory diseases, cardiovascular diseases, and diabetes management. In conclusion, the Asia-Pacific region emerges as a key player in the Digital Biomarker Market, driven by its rapidly evolving healthcare landscape, technological advancements, and supportive regulatory environment.
According to Cognitive Market Research, the global Digital Biomarker market size was estimated at USD 1751.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 700.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 34.4% from 2024 to 2031. In North America, the Digital Biomarker Market is poised for significant growth, driven by several factors. The region's advanced healthcare infrastructure, coupled with a strong emphasis on technological innovation, positions it as a frontrunner in the adoption of digital health solutions. Within the Digital Biomarker Market, segmentation analysis reveals a diverse range of applications across various healthcare sectors, including neurological disorders, cardiovascular diseases, respiratory diseases, and diabetes management. In conclusion, North America emerges as a dominant force in the Digital Biomarker Market, driven by its robust healthcare infrastructure, technological prowess, and supportive regulatory environment.
Country Analysis
Global Digital Biomarker Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Digital Biomarker Industry growth. Digital Biomarker market has been segmented with the help of its Type, Clinical Practice Therapeutic Area, and others. Digital Biomarker market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the dominating category is Wearable devices. Wearable devices have established dominance due to their widespread adoption among consumers for health and fitness monitoring purposes. These devices, such as smart watches, fitness trackers, and biosensors, offer continuous monitoring of various physiological parameters like heart rate, activity levels, sleep patterns, and more. The convenience, portability, and ease of use of wearable devices make them highly attractive to users, leading to their widespread acceptance and integration into daily life. Additionally, advancements in wearable sensor technology and the incorporation of advanced features like GPS tracking, ECG monitoring, and blood oxygen saturation measurement contribute to their dominance in the market.
The fastest-growing category in the Digital Biomarker Market is Mobile Applications. Mobile applications offer a versatile platform for collecting, analysing, and transmitting health-related data, making them increasingly popular among users and healthcare providers alike. These applications leverage smartphone capabilities such as cameras, accelerometers, and GPS sensors to monitor various health parameters and behaviours. With the growing adoption of smartphones worldwide and the increasing use of mobile health apps for self-monitoring, disease management, and telemedicine, the demand for mobile applications as digital biomarkers is witnessing rapid growth.
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According to Cognitive Market Research, the dominating category is Cardiovascular Disease. Cardiovascular diseases (CVDs) are one of the leading causes of mortality worldwide, necessitating effective monitoring and management strategies. Digital biomarkers play a crucial role in the early detection, risk assessment, and management of CVDs by providing real-time data on key physiological parameters such as heart rate variability, blood pressure, and electrocardiogram (ECG) readings. The integration of wearable devices and mobile applications enables continuous monitoring of cardiovascular health, facilitating timely intervention and personalized treatment plans. Moreover, the growing prevalence of lifestyle-related risk factors such as sedentary lifestyles, unhealthy diets, and stress further emphasizes the need for digital biomarkers in managing cardiovascular health, driving the dominance of this category in the market.
The fastest-growing category in the Digital Biomarker Market is Neurological Disorders. Neurological disorders encompass a broad spectrum of conditions affecting the brain, spinal cord, and peripheral nerves, including Alzheimer's disease, Parkinson's disease, multiple sclerosis, and epilepsy. Digital biomarkers offer non-invasive and objective measures for assessing neurological function, disease progression, and treatment response, revolutionizing the diagnosis and management of neurological disorders. Wearable devices and mobile applications equipped with sensors capable of tracking gait, tremors, cognitive function, and sleep patterns enable remote monitoring of patients' neurological health, facilitating early detection of symptoms and personalized interventions.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Digital Biomarker market report 2024 Edition by contacting our team.
According to Cognitive Market Research, the dominant category is Monitoring. Monitoring digital biomarkers involves the continuous tracking of physiological, behavioral, or biological data using digital devices. This category is dominant due to the increasing emphasis on preventive healthcare and the growing adoption of wearable devices and mobile health apps. Monitoring digital biomarkers allows for real-time health tracking, early detection of health issues, and personalized healthcare interventions, which are highly valued by healthcare providers and patients alike.
The fastest-growing category in the Digital Biomarker market is Diagnostic. Diagnostic digital biomarkers are used to detect, confirm, or rule out specific diseases or conditions. This category is experiencing rapid growth due to advancements in technology, such as artificial intelligence and machine learning, which have improved the accuracy and reliability of diagnostic biomarkers.
According to Cognitive Market Research, the dominating category is Healthcare Providers. Healthcare providers, including hospitals, clinics, and research institutions, represent a significant end-user segment for digital biomarkers. These entities utilize digital biomarkers to monitor patients remotely, track disease progression, and personalize treatment plans. The integration of digital biomarkers into healthcare workflows enables healthcare providers to gather real-time data on patients' health status, facilitating timely intervention, and improving patient outcomes. Moreover, digital biomarkers streamline data collection and analysis processes, enabling healthcare providers to make informed decisions based on objective, quantifiable metrics.
The fastest-growing category in the Digital Biomarker Market is Healthcare Consumers. Healthcare consumers, including individuals, patients, and caregivers, are increasingly taking an active role in managing their health and wellness using digital biomarkers. With the proliferation of wearable devices, mobile health apps, and personal health tracking tools, healthcare consumers have access to a wealth of health-related data at their fingertips. Digital biomarkers empower individuals to monitor their vital signs, track fitness goals, and detect early signs of health issues, promoting proactive healthcare management and preventive interventions. Additionally, the COVID-19 pandemic has accelerated the adoption of remote monitoring solutions among healthcare consumers, further fuelling the growth of this category.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Disclaimer:
Type | Wearable, Mobile based Applications, Sensors, Others |
Clinical Practice | Neurological Disorders, Respiratory Disease, Others, Cardiovascular Disease, Diabetes |
Therapeutic Area | Monitoring, Diagnostic, Prognostic |
End-Use | Healthcare Providers, Healthcare Consumers, Others |
List of Competitors | Abbott, AliveCor Inc., Alphabet Inc., Bayer AG, Biogen Inc., Evidation Health Inc., Fitbit Inc., GlaxoSmithKline Plc., Happify Health, Medopad Ltd, Mindstrong Health |
This chapter will help you gain GLOBAL Market Analysis of Digital Biomarker. Further deep in this chapter, you will be able to review Global Digital Biomarker Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Digital Biomarker Market Trends North America Digital Biomarker Technological Road Map North America Digital Biomarker Market Drivers North America Digital Biomarker Market Restraints North America Digital Biomarker Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Clinical Practice Analysis 2019 -2031
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Chapter 12 Market Split by Therapeutic Area Analysis 2019 -2031
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Chapter 13 Market Split by End-Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Digital Biomarker market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Wearable have a significant impact on Digital Biomarker market? |
What are the key factors affecting the Wearable and Mobile based Applications of Digital Biomarker Market? |
What is the CAGR/Growth Rate of Neurological Disorders during the forecast period? |
By type, which segment accounted for largest share of the global Digital Biomarker Market? |
Which region is expected to dominate the global Digital Biomarker Market within the forecast period? |
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