Press Release

Lifestyle Diseases Management Apps Market to be Dominated by the Android segment Through 2028

Increasing demand for technology and digital application in the healthcare sector is expected to drive the demand for the Global Lifestyle Diseases Management Apps market in the forecast period, 2024-2028.


According to the TechSci Research report,
Lifestyle Diseases Management Apps Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”, The global Lifestyle Diseases Management Apps market is projected to increase at an impressive rate in the forecast period, 2024-2028. The market is growing as a result of the growing use of smartphones, tablets, and wearable technologies as well as the accessibility of mobile applications. Further, the advantages associated with smart wearable devices, the growing disposable income of individuals, particularly among middle-class consumer is expected to drive the growth of the market during the forecast period.

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The global Lifestyle Diseases Management Apps market is segmented based on product, application, and End-use.

Based on the platform, the market is categorized into iOS, Android, and others. The Android segment is expected to hold the largest market share in the forecast period, 2024-2028 owing to widespread adoption, affordability, and convenience of use. Over the projected period, the android category is also anticipated to expand the fastest. Over 320 million people in Asia are estimated to live in extreme poverty. As a result, Android apps are more widely used than iOS apps. One of the main reasons for the greater use of Android-based mobile apps is the accessibility of affordable handsets. MyFitnessPal, Sleep Cycle, Headspace, and Lose It are just a few of the lifestyle diseases apps available on Android operating systems. Further, segments such as iOS and others are expected to contribute on a significant level to the global Lifestyle Diseases Management Apps Market.

Based on Devices, the market is divided into smartphones, wearables, and tablets. The smartphone device segment is projected to lead the segment growth during the forecast period, 2024-2028. Owing to evolving technologies in the fitness industry, a large number of the population preferring virtual workout sessions instead of joining gyms, and fitness clubs. Hence rising usage of smartphones for fitness purposes is anticipated to support the growth of the market. Further, the wearables segment is anticipated to register the fastest CAGR during the forecast period. In order to increase the use of wearable technology, businesses like Apple and Gramin have introduced a variety of fitness trackers. For instance, Google paid Fossil USD 40 million in January 2019 to gain ownership rights. Further, Alphabet, the parent company of Google, said in November 2019 that it would buy Fitbit for USD 2.2 billion. Google claims that the acquisition would increase people's access to health and fitness. The next generation of devices will be better and more inexpensive thanks to the integration of Fitbit's technology with Google's AI feature. Hence, the above-mentioned factors are expected to boost the growth of the market during the forecast period.

Based on Indication, the market is categorized into Obesity, Cardiovascular Health, Diabetes, Mental Health, and Others. The obesity segment held the largest market share in 2021. Further, cardiovascular health, diabetes, mental health, and others are expected to support the growth of the lifestyle diseases app market.

Major companies operating in the global Lifestyle Diseases Management Apps market are:

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

 

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North America is dominating the Lifestyle Diseases Management Apps market owing rising prevalence of non-communicable diseases, surge in-network coverage areas, and increasing awareness of fitness applications post-covid-19. The U.S. accounted for the largest share of the North American regional market. The country is also considered an early adopter of new technologies. Further, Asia Pacific is expected to register the highest CAGR during the forecast period. Owing to the high penetration of smartphones, and fitness tracking wearable devices said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Lifestyle Diseases Management Apps Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Platform (iOS, Android, Others), By Application (Smartphones, Tablets, Wearables), By Indication (Obesity, Cardiovascular Health, Diabetes, Mental Health, Others), By Company, and By Region, has evaluated the future growth potential of global Lifestyle Diseases Management Apps market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Lifestyle Diseases Management Apps market.”


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