PUBLISHER: Grand View Research | PRODUCT CODE: 1553495
PUBLISHER: Grand View Research | PRODUCT CODE: 1553495
The global lifestyle diseases apps market size is expected to reach USD 13.77 billion by 2030, registering a CAGR of 15.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Factors such as growing awareness regarding the benefits of smart wearable devices and rising disposable incomes, specifically among middle-class consumers, are driving the market growth. Moreover, the rising adoption of smartphones worldwide is anticipated to increase the adoption of fitness applications among users of all income levels. For instance, according to Business of Apps, in China, around 1.07 billion people were actively using smartphones in 2023.
The rise of lifestyle diseases is expected to promote the use of mobile health apps for self-care and symptom management. For instance, according to the World Obesity Atlas 2023 report, a global study indicates that over half of the global population is expected to be overweight and obese within 12 years if treatment, prevention, and support don't improve. Furthermore, users' rising preference for long-term subscriptions to fitness mobile applications is one of the major factors expected to drive market growth.
Furthermore, people are shifting from conventional gyms and studios to virtual fitness. This has resulted in a rise in app downloads and subscriptions for lifestyle diseases. For instance, according to Dr. Muscle, in 2021, fitness-related apps were downloaded more than 400 million times. Thus, such a rise in the adoption of lifestyle development apps fuels market growth.
Some of the key players in the market are MyFitnessPal, Inc., Noom, Inc., Fitbit, Inc., Azumio, Inc., Lifesum AB, Sleep Cycle, Headspace Inc., VILEX, LLC, HealthifyMe Wellness Private Limited, and Nudge Coach, Inc. Players are adopting various key strategic initiatives to expand their business and market position. For instance, in September 2022, MyFitnessPal, Inc., in collaboration with the White House Conference on Hunger, Nutrition, and Health, announced a program to provide access to fitness and nutrition education, personalized health insights, and technology to help at-risk Americans nationwide to increase physical activity, eat healthier, and lower the impact of diet-related diseases.