Market revenue in 2021 | USD 629.8 million |
Market revenue in 2030 | USD 3,373.8 million |
Growth rate | 20.5% (CAGR from 2021 to 2030) |
Largest segment | Exercise & weight loss |
Fastest growing segment | Activity Tracking |
Historical data covered | 2018 - 2020 |
Base year for estimation | 2021 |
Forecast period covered | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Exercise & Weight Loss, Diet & Nutrition, Activity Tracking |
Key market players worldwide | Apple Inc, Champion System, Alphabet Inc Class A, The Walt Disney Co |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fitness platforms for disabled market will help companies and investors design strategic landscapes.
Exercise & weight loss was the largest segment with a revenue share of 54.46% in 2021. Horizon Databook has segmented the North America fitness platforms for disabled market based on exercise & weight loss, diet & nutrition, activity tracking covering the revenue growth of each sub-segment from 2018 to 2030.
North America region dominated the fitness platforms for disabled market in 2020 and is expected to grow at a significant rate owing to the readiness of IT infrastructure, increasing penetration of smartphones, growing internet connectivity, rising disposable income, growing prevalence of chronic diseases & disabilities, and rising awareness about fitness & wellbeing. According to World Bank estimates in 2018, North America spends approximately 16.42% of their GDP on healthcare.
The U.S. leads North America market owing to higher adoption of fitness apps and mHealth platforms. Platforms providing online video workout routines for daily exercises & weight loss have gained popularity in disabled community in North America and are expected to grow significantly over the forecast period. Growing trend of activity tracking to measure & track fitness goals is expected to contribute to market growth.
For example, Google collaborated with American Heart Organization (AHA) and WHO to introduce Heart Points in Google Fit on completion of activity goals or fitness goals. Recently, market players are focusing on collaborations and merger & acquisition strategies to achieve their business goals and expand reach & consumer base. Major key players are focusing on product development strategies to introduce innovative platforms to engage with consumers and support growing trend of following an active lifestyle.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America fitness platforms for disabled market, including forecasts for subscribers. This continent databook contains high-level insights into North America fitness platforms for disabled market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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