New York, November 4, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Lifestyle Disease Apps Market Size, Share and Trend Analysis Report by Platform Type, by Device, by indication, by region and segment forecasts, 2022 – 2030” – https://www.reportlinker.com/p06360876/?utm_source=GNW
Lifestyle Disease Apps Market Growth and Trends
The global lifestyle disease apps market size is expected to reach USD 13.8 billion by 2030. The market is anticipated to expand at a CAGR of 14.7% between 2022 and 2030 due to factors that They include increased public awareness of the benefits of smart wearable devices and the rise of disposable devices. income, specifically among middle-class consumers. The growing adoption of smartphones around the world is likely to influence the adoption of fitness apps among 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 apps. In addition, the growing demand for online training and home training sessions has increased the use of mobile lifestyle management applications, supporting market expansion.
According to an article published by the World Economic Forum, during the COVID-19 pandemic, mobile fitness and health app installs increased by 46% worldwide as a result of the impact of the lockdown.
The rise in lifestyle-related illnesses is expected to encourage the use of mobile health apps for self-care and symptom management. Furthermore, the growing preference for long-term subscription of mobile fitness apps by users is one of the main components that is likely to further drive the market over time.
Lifestyle Disease 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 experience the fastest growth between 2022 and 2030 due to the affordability and convenience of apps based on Android.
• Based on devices, the smartphone segment had the largest share of over 50.0% in 2021 due to evolving innovations in the virtual fitness industry. Exponential rise in smartphone adoption is driving the lifestyle management app market
• According to the indication, the obesity segment dominated the market with a revenue share of more than 25.0% in 2021 due to the increasing adoption of lifestyle applications to manage the sedentary nature of various forms of work with the help of the services offered by the applications.
• The mental health segment is likely to record the fastest CAGR of 17.1% between 2022 and 2030 due to the increasing incidence rate of mental disorders, coupled with the increasing number of people seeking help for health problems mental.
• In 2021, North America dominated the market with a revenue share of over 30.0% due to the widespread use of smartphones, rising health and wellness concerns, and accessibility to various disease-related apps. the lifestyle
• In November 2019, Alphabet, the parent company of Google, announced a $2.2 billion acquisition, making health and fitness more accessible to many people.
Read the full report: https://www.reportlinker.com/p06360876/?utm_source=GNW
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Source: news.google.com