Trends in patent filings for digital biomarker technology companies worldwide
Digital biomarker technology is used to collect and measure behavioral & physiological data to predict or influence health outcomes using implantables, digestibles or wearables. Devices which use digital biomarkers include Apple Watches, FitBits, and Oura rings. According to recent research reports, the digital biomarker market is projected to be worth USD 24.5–25 billion by 2030 with a growth rate of 36–37% in the forecast period.
To get a better impression of this fast-growing technology, we carried out a study to assess the country-wise dispersion of companies’ patents over the last 12 years. We constructed a search query in PatSeer using keywords for digital biomarkers and the pertinent CPC & IPC classes. The final search query yielded 3000+ patent families which were analyzed further to comprehend the top players and patent filing trends in every country.
Patent filings of top companies across various jurisdictions
We used PatSeer’s Geo-protection Growth Chart to view the growth in filings for each country from 2010 to the present.
Note: Patents filed in 2021 and 2022 may not have been published yet, so figures for these years should not be considered indicative of a trend.
As you can see from the figure above, the digital biomarker market has increased exponentially in the last 10 years. China’s patent filing rate is almost 7 times higher than it was in 2013, with 141 patents in 2013 and 1051 patents in 2022.
Similarly, US patent filing rates also surged upwards by approximately 250%, with 270 patents in 2013 and 914 in 2022. Other countries like Korea, India, Japan and Taiwan didn’t have a lot of patent filings earlier but are now witnessing aggressive patenting activity.
Analysis of key players
From the retrieved patent dataset, we identified the prominent assignees filing patents for digital biomarker technology. We found that some of them are leading multidisciplinary companies who are becoming key market players in this field.
Read the full blog post to find out more about — Multidisciplinary companies and their patenting activity in priority countries.
