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Exercise & Weight Loss Apps Market Trends

  • Report ID: GMI11666
  • Published Date: Oct 2024
  • Report Format: PDF

Exercise & Weight Loss Apps Market Trends

  • The increasing prevalence of obesity and other lifestyle diseases is a significant driver for the exercise and weight loss apps market. For instance, according to the World Health Organization (WHO), in 2022, approximately 2.5 billion adults were overweight globally, with 890 million suffering from obesity.
     
  • Obesity is a medical condition characterized by excessive accumulation of body fat that negatively impacts health. It increases the risk of various conditions, including heart disease, type 2 diabetes, high blood pressure, and certain cancers. Obesity is primarily caused by a combination of factors such as poor diet, physical inactivity, genetics, and environmental influences.
     
  • According to the CDC's 2021 data, approximately 11.6% of the U.S. population had diabetes, while around 38% were prediabetic, indicating a significant disease burden in the country.
     
  • As the incidence of lifestyle diseases rises globally, there is a growing demand for disease monitoring tools to improve patients' quality of life. This trend is fueling the expansion of the exercise and weight loss apps market, as these apps offer personalized fitness routines and dietary plans, enhancing user satisfaction and retention.
     
  • Additionally, the COVID-19 pandemic significantly accelerated the demand for home workout solutions, a trend that continues post-pandemic as people seek convenient, remote options. Apps such as Nike Training Club saw a surge in users during lockdowns.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The industry was valued at USD 943.1 million and is set to register growth at a 16.3% CAGR between 2024 and 2032, driven by increased health consciousness, rising smartphone adoption, advancements in technology, and a shift toward personalized fitness.

The Android segment dominated the market in 2023, accounting for USD 484.3 million. Android is the world’s most widely used mobile operating system, holding a dominant market share, particularly in developing regions.

North America dominated the global market in 2023 with a revenue of USD 420.6 million and is anticipated to reach USD 1.6 billion by 2032. The region's high smartphone penetration and tech-savvy population facilitate easy access to exercise and weight loss apps.

Key players include ASANA REBEL GMBH, Daily Burn, Inc., Fitbit Inc, FitNow, Inc., Freeletics GmbH, HealthifyMe Wellness Private Limited, Jefit, Inc., MyFitnessPal, Inc., and Nike, Inc.

Exercise & Weight Loss Apps Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 262
  • Countries covered: 22
  • Pages: 134
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