Lifestyle Diseases Apps Market Exhibiting At A CAGR Of 14.7% From 2022 To 2030

Posted by Neha Bora on August 28th, 2023

San Francisco, 28 Aug 2023: The Report Lifestyle Diseases Apps Market Size, Share & Trends Analysis Report By Platform Type (iOS, Android), By Device (Smartphones, Tablets, Wearables), By Indication (Obesity, Mental Health), By Region, And Segment Forecasts, 2022 - 2030

The global lifestyle diseases apps market size is expected to reach USD 13.8 billion by 2030, based on a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 14.7% from 2022 to 2030 owing to factors including rising public awareness regarding the advantages of smart wearable devices and growing disposable incomes, specifically among middle-class consumers. The growing adoption of smartphones worldwide is likely to influence the adoption of fitness applications across users of all income levels.

The COVID-19 pandemic has led to a shift from conventional fitness centers and classes to online sites and mobile applications. In addition, the rising demand for online training and at-home workout sessions has increased the use of lifestyle management mobile applications, supporting the market expansion. As per an article published by the World Economic Forum, during the COVID-19 pandemic, the installations of fitness and health mobile applications surged by 46% across the world as a result of the impact of the lockdown.

The rise of lifestyle diseases is expected to encourage the use of mobile health apps for self-care and symptom management. Furthermore, the rising preference for the long-term subscription of fitness mobile applications by users is one of the primary components likely to further drive the market over time.

Access Research Report of Lifestyle Diseases Apps Market @ https://www.grandviewresearch.com/industry-analysis/lifestyle-diseases-apps-market-report

Lifestyle Diseases Apps Market Report Highlights

• Based on platform type, the android segment dominated the market with a revenue share of over 50.0% in 2021. It is expected to witness the fastest growth from 2022 to 2030 owing to the affordability and convenience of the android based apps
• Based on devices, the smartphone segment held the largest share of over 50.0% in 2021 owing to the evolving innovations in the virtual fitness industry. The exponential rise in the adoption of smartphones is driving the market for lifestyle management apps
• Based on indication, the obesity segment dominated the market with a revenue share of over 25.0% in 2021 due to the growing adoption of lifestyle apps to manage the sedentary nature of various work forms with the help of services offered by the apps
• The mental health segment is likely to register the fastest CAGR of 17.1% from 2022 to 2030 owing to the rising incidence rate of mental disorders, along with the rising number of people seeking out help for mental health challenges
• In 2021, North America dominated the market with a revenue share of over 30.0% due to widespread smartphone usage, rising concern over health and wellness, and the accessibility to various lifestyle diseases apps
• In November 2019, Alphabet, the parent company of Google, announced the acquisition of USD 2.2 billion, making health and fitness more accessible to many individuals

Lifestyle Diseases Apps Market Report Scope

List of Key Players in Lifestyle Diseases Apps Market

• MyFitnessPal
• Noom Inc.
• Fitbit, Inc.
• Azumio, Inc.
• Lifesum
• Sleep Cycle
• Headspace
• HealthifyMe
• Nudge Coach

Access Press Release of Lifestyle Diseases Apps Market @ https://www.grandviewresearch.com/press-release/global-lifestyle-diseases-apps-market