How Has the Fitness Platforms for Disabled Market Evolved Historically and What is its Current Size?
The fitness platforms for disabled market has seen considerable growth due to a variety of factors.
• In recent times, the market size for fitness platforms designed for people with disabilities has seen a massive increase. The market, which is projected to be worth $2.23 billion in 2024, is expected to rise to $2.8 billion by 2025, with an impressive compound annual growth rate (CAGR) of 25.2%.
Factors contributing to this growth in the past include improved accessibility and inclusion, heightened awareness of healthcare, the establishment of accommodating regulations, expansion of social inclusion, and a rise in the number of adaptive sports programs.
What is the Forecasted Market Size and CAGR for the Fitness Platforms for DisabledMarket?
The fitness platforms for disabled market is expected to maintain its strong growth trajectory in upcoming years.
• In the forthcoming years, the market size for fitness platforms targeting the disabled is anticipated to surge considerably. The market is projected to expand to $6.09 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 21.4%.
Factors contributing to this growth during the forecast period include the surging demand for virtual fitness and telehealth resources, heightened partnerships within healthcare, the rise in accessible gym and facility designs, the integration of fitness therapy, and increased social and peer support. Key trends to watch during the forecast timeframe involve wearable technology specifically designed for disabled users, collaboration with healthcare providers, therapeutic fitness regimes, gamification and motivation features, along with inclusive sports and recreational activities.
What Are The Primary Growth Drivers In The Fitness Platforms for Disabled Market?
The continual rise in chronic illnesses and disabilities is anticipated to fuel the expansion of fitness platforms catering to disabled individuals. This refers to the aggregate cases of chronic diseases and disabilities present within a population at a certain moment. These fitness platforms aid the population suffering from chronic diseases or those disabled by offering live or pre-recorded fitness lessons and providing guidance on exercise, diet plans, physical activities, and other fitness-related subjects. As per the World Health Organization, a specialized agency of the United Nations located in Switzerland, noncommunicable diseases cause the death of 41 million individuals annually, signifying 71% of all global deaths, with cardiovascular diseases causing the majority of NCD deaths worldwide. It is approximated that over 1 billion individuals are disabled. Hence, the increasing cases of chronic diseases and disabilities are triggering the growth of fitness platforms for the disabled market.
What Is The Segmentation Of The Global Fitness Platforms for Disabled Market?
The fitness platforms for disabled market covered in this report is segmented –
1) By Platform: Android, iOS, Other Platforms
2) By Device: Smartphones, Tablets, Wearable Devices
3) By Application: Exercise and Weight Loss, Diet and Nutrition, Activity Tracking, Other Applications
Subsegments:
1) By Android: Mobile Applications, Wearable Device Integration
2) By iOS: Mobile Applications, Wearable Device Integration
3) By Other Platforms: Web-Based Platforms, Desktop Applications, Smart TVs And Streaming Devices
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What Emerging Trends Are Shaping The Fitness Platforms for Disabled Market Landscape?
A significant trend emerging in the fitness platform for the disabled market is the implementation of artificial intelligence. Numerous enterprises functioning in this market are embracing artificial intelligence as a strategy to solidify their market standing. As an illustration, Gofa International, a US-based enterprise that specializes in AI-based fitness and educational technology for the disabled fitness platform market, rolled out its GOFA Fitness in January 2022. This innovative application leverages AI, GPS, 3D motion tracking, and machine learning to deliver real-time feedback during exercise routines and can be easily integrated with a smartphone’s camera, making it a perfect workout partner while traveling.
Who Are the Key Players in the Fitness Platforms for Disabled Market?
Major companies operating in the fitness platforms for disabled market include:
• Apple Inc.
• Google LLC
• Future Fitness
• Peloton Interactive Inc.
• Evolve 21
• Kakana
• Champion’s RX
• Kym NonStop
• Samsung Electronics Co. Ltd.
• Garmin Ltd.
• Fitbit Inc.
• Strava Inc.
• MyFitnessPal Inc.
• ClassPass Inc.
• Planet Fitness Inc.
• Anytime Fitness LLC
• Orangetheory Fitness
• iFit
• Aaptiv Inc.
• Virtuagym
• Freeletics GmbH
• Sworkit
• Daily Burn
• Adaptive Yoga Live
• Wheelchair Fitness Solutions
• Revolve Fitness
• FitMind
• Rehab.com
• Movesense
• Activ5
What are the Regional Insights into the Fitness Platforms for Disabled Market?
North America will be the largest region in the fitness platform market for the disabled in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fitness platforms for disabled market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
