Asia-Pacific Fitness App Market, By Product (Care Management Apps, Vital Sign Monitoring Apps, Health And Wellness Apps, Women Health Apps, Medication Management Apps, Consultancy Apps, And Others), Type (Connected Apps and In-Built Devices Apps),Application (Training, Tracking, Fitness Games And Others), Therapeutic Area (Cardiovascular, Dermatology & Skin Cancer, Ophthalmology, Diabetes, Respiratory, Audiology, Sleep Disorders, Nutrition, And Others),Operating System (iOS, Android, Windows),Mode Of Purchase (Subscription Based And Non-Subscription Based),End User (Providers, Home Healthcare, Others), Distribution Channel (Direct Tenders And Third Party Distributors).Country (Japan, Australia, India, South Korea, Singapore, Australia, Thailand, Indonesia, Philippines, Hong Kong, Rest of Asia-Pacific – Industry Trends and Forecast 2021 to 2028
Market Analysis and Insights: Asia-Pacific Fitness App Market
Asia-Pacific fitness app market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 28.8% in the forecast period of 2021 to 2028 and is expected to reach USD 7,410.73 million by 2028. The rising number of chronic diseases, geriatric population, increasing awareness about early detection and treatment of disease are the major drivers which will drive the demand of the market in the forecast period.
A fitness app is defined as an application that can be downloaded on smart devices including laptops, phones, and tablets among others. It can be available on two different platforms including android and iPhone operating systems (iOS). According to the online public health resource (Health Works Collective), more than 97,000 fitness and health apps are available on tablet and mobile devices. Moreover, approximately 52% of the smartphone users achieve health-associated information through their devices and approximately 15% of the users are between the age of 18-29 years old who have installed health apps. There are several types of fitness app available including care management apps, vital sign monitoring apps, health and wellness apps, women health apps, medication management apps, consultancy apps among others.
The fitness app market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an analyst brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Fitness app Market Scope and Market Size
The Asia-Pacific fitness app market is categorized into eight notable segments based on the product, type, application, therapeutic area, operating system, mode of purchase, end user, and distribution channel.
- On the basis of product, the Asia-Pacific fitness app market is segmented into care management apps, vital sign monitoring apps, health and wellness apps, women health apps, medication management apps, consultancy apps and others. In 2021, health and wellness apps are expected to dominate the market due to rising awareness of fitness and health along with increasing prevalence of diseases.
- On the basis of type, the Asia-Pacific fitness app market is segmented into connected apps and in-built devices. In 2021, the connected apps segment is expected to dominate the market due to the growing aging population and technology penetration.
- On the basis of application, the Asia-Pacific fitness app market is segmented into training, tracking, fitness games and others. In 2021, the tracking segment is expected to dominate the market because regular reminder boosts motivation and it is convenient to track daily activity.
- On the basis of therapeutic area, the Asia-Pacific fitness app market is segmented into cardiovascular, dermatology & skin cancer, ophthalmology, diabetes, respiratory, audiology, sleep disorders, nutrition and others. In 2021, nutrition is expected to dominate the market due to the rise in awareness regarding fitness and obesity.
- On the basis of operating system, the Asia-Pacific fitness app market is segmented into iOS, android, and windows. In 2021, the IOS segment is expected to dominate the market because of increasing IOS users as compared to other technologies and the reliability shown by consumers on iphones is rising.
- On the basis of mode of purchase, the Asia-Pacific fitness app market is segmented into subscription based and non-subscription based. In 2021, subscription based segment is expected to dominate the market as it provides more features as compared to non-subscription based applications and the data is more reliable on subscriptions apps.
- On the basis of end user, the Asia-Pacific fitness app market is segmented into providers, home healthcare, and others. In 2021, the providers segment is expected to dominate the market due to an increase in the number of healthcare centers worldwide.
- On the basis of distribution channel, the Asia-Pacific fitness app market is segmented into third party distributor and direct tender. In 2021, the third party distributor segment is expected to dominate the Asia-Pacific fitness app market because of overall hold over sales.
Fitness app Market Country Level Analysis
The fitness app market is analyzed and market size information is provided on the product, type, application, therapeutic area, operating system, mode of purchase, end user, and distribution channel.
The countries covered in the fitness app market report are the Japan, India, Australia, Thailand, Hong Kong, and Rest of Asia-Pacific. China in Asia-Pacific region is expected to grow with the highest growth rate in the forecast period of 2021 to 2028 because of innovative R&D and new product launches and approvals.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rise in Geriatric Population and increasing obesity are boosting the Market Growth of Fitness app products.
Fitness app market also provides you with detailed market analysis for every country's growth in Fitness app product industry with drugs sales, the impact of advancement, technology, and changes in regulatory scenarios with their support for the Fitness app market. The data is available for historic period 2010 to 2019
Competitive Landscape and Fitness app Market Share Analysis
Fitness app market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width, and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Fitness app market.
The countries covered in the fitness app market report are U.S., Canada, Mexico, Germany, France, U.K., Belgium, Italy, Spain, Russia, Turkey, Netherlands Switzerland, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel and Rest of Middle East and Africa.
Many product launch and agreements are also initiated by the companies worldwide, which are also accelerating the Fitness app market.
For instance,
- In August 2020, In August, Fitbit LLC launched Fitbit Sense. The new product will bring innovative sensor and software technology on a smartwatch to help manage stress, along with advanced heart rate tracking technology. It helped the company to increase its sales through advanced products and thereby sustain footprints in the market.
- In November 2020, Fitbit LLC announced the availability of its OS 5.1 software update, which expanded on its existing health capabilities and brought new convenience features to Fitbit Sense and Fitbit Versa 3. This update provided more ways to track SpO2 to manage users' wellbeing. This would help the company grow through its innovations and developments, which strengthens the firm's product portfolio.
Collaboration, product launch, business expansion, award and recognition, joint ventures, and other strategies by the market player is enhancing the company market in the Fitness app market, which also provides the benefit for organization to improve their offering for Fitness app.
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