DUBLIN, May 15, 2023 /PRNewswire/ — The “Lifestyle Diseases Management Apps Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Platform (iOS, Android, Others), By Device (Smartphone, Wearable, Tablets), By Indication, By Region, and Competition” report has been added to ResearchAndMarkets.com’s offering.
Global Lifestyle Disease Management Apps market’s expansion can be attributed to the rising importance of healthy lives among individuals.
Additionally, the market is growing as a result of the increasing use of smartphones, tablets, and wearable technologies, as well as the accessibility of mobile applications. The demand for lifestyle disease apps is rising as people are becoming more aware of the connection between nutrition and lifestyle diseases. This factor drives the growth of the lifestyle diseases market.
Lifestyle diseases are defined as apps developed for monitoring the health of the individual, providing individually customized exercise plans based on augmented reality, artificial intelligence, and other advanced technologies. These apps also provide personalized health and fitness plans with no-equipment workout programs, assigned trainers, step tracking, diet monitoring, and customizable diet charts.
The market for fitness applications has increased globally in downloads, according to a World Economic Forum study released in September 2020, and is expected to keep growing as more people embrace smart gadgets, smart wearables, and smartphones.
The massive lockdowns and social segregation laws brought forth by the COVID-19 epidemic facilitated the transition from traditional studios and gyms to virtual exercise. As a result, there have been more subscriptions and app downloads for lifestyle diseases. This, in turn, drives the growth of the lifestyle diseases market during the forecast period.
The lifestyle disease management applications combine machine learning, augmented reality, artificial intelligence, and other cutting-edge technology to provide users with personalized workout plans. Additionally, they offer individualized health and fitness plans with assigned trainers, equipment-free exercise routines, step tracking, diet supervision, and editable diet charts.
Therefore, due to their advantages over physical exercise and bodybuilding, the demand for lifestyle management applications is predicted to increase significantly. An exercise software called Gymnotize Fitness Workout employs augmented reality to show users how to lift weights properly.
Additionally, it allows users to schedule workouts according to their comfort levels, keep track of how many repetitions they do, and measure their personal fitness progress using graphs.
The accessibility of Smartphones and Mobile Applications is driving the growth of the market.
One of the key reasons for the high use of Android-based mobile apps is the accessibility of affordable handsets globally. MyFitnessPal, Lose It, Headspace and Sleep Cycle are a few of the lifestyle disease apps available on Android operating systems.
The market for fitness applications has increased by over 45% globally, according to a World Economic Forum study released in September 2020, and is expected to grow as people embrace smart gadgets, smart wearables, and smartphones.
Further, massive lockdowns and social isolation laws taken forward by the COVID-19 pandemic accelerated the transition from traditional studios and gyms to virtual exercise. As a result, there have been more subscriptions and app downloads for lifestyle diseases. This, in turn, surged the growth of the market.
Data Privacy Concern with Mobile Health Apps is Hampering the Growth of the Market
The person’s health data is continuously collected and analyzed by the health applications. A major worry is a possibility of a hacker disclosing personal information and sharing it with third parties.
Further, apps have low accuracy of data collection, and this is an important concern with healthcare apps. Moreover, different apps use different methods and tools to analyze healthcare data.
Moreover, in some cases, collected healthcare data is found to be varying when compared with the MedTech Devices. Hence, these are the key factors hampering the growth of the market during the forecast period.
Market Dynamics
Drivers
- Rising adoption of smartphones, tablets, and wearable technology.
- Growing health consciousness amongst consumers
- High burden of chronic diseases
Challenges
- Lack of awareness regarding healthcare application
- High Subscription charges
- Cyber security issues with confidential data
Market Trends & Developments
- Platform Launches
- Mergers & Acquisitions
- Technological Advancements
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Lifestyle Diseases Management Apps market.
- MyFitnessPal
- Noom Inc.
- Fitbit, Inc.
- Azumio, Inc.
- Lifesum
- Sleep Cycle
- Headspace
- HealthifyMe
- Nudge Coach
Report Scope:
Lifestyle Diseases Management Apps Market, By Platform:
Lifestyle Diseases Management Apps Market, By Device:
- Smartphone
- Wearable
- Tablets
Lifestyle Diseases Management Apps Market, By Indication:
- Obesity
- Cardiovascular Health
- Diabetes
- Mental Health
- Others
Lifestyle Diseases Management Apps Market, By Region:
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey
- Egypt
For more information about this report visit https://www.researchandmarkets.com/r/rctwro
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