The global fitness platforms for disabled market size is expected to reach USD 11.1 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 21.9% from 2022 to 2030.
Fitness Platforms For Disabled Market Report Highlights
- The market growth is attributed to the increasing prevalence of disability in the growing geriatric population
- The exercise and weight loss type segment dominated the market in 2021 owing to the high usage of exercise and weight loss platforms by disabled consumer groups, worldwide
- The iOS platform segment dominated the market in 2021 due to the high adoption of iOS devices. For instance, active Apple device users increased from 1.4 billion in the first fiscal quarter of 2019 to 1.5 billion in the first fiscal quarter of 2020, according to Apple, Inc.
- The smartphones device segment held the largest revenue share in 2021 owing to the increase in the adoption of smartphones among U.S. consumers in the past few years, which is expected to proportionately scale up the use of fitness platforms
- North America dominated the market in 2021 owing to the readiness of IT infrastructure, growing internet connectivity, rising disposable income, growing prevalence of chronic diseases and disabilities, and the rising awareness about fitness and wellbeing
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Effectiveness and adoption of fitness platforms among people with disabilities have led to increased investments in the fitness industry. Individuals of different age groups and demographics are likely to use fitness platforms and apps for different applications. For instance, disabled adults aged 18-64 years are likely to use these platforms for exercise and weight loss compared to the general geriatric population, which is likely to use them for diet and nutrition. The effectiveness and adoption of fitness platforms among people with disabilities have led to increased investments in the fitness industry. For instance, in May 2019, Future Fitness announced that it has received USD 8.5 million in Series A funding led by Kleiner Perkins, an American venture capital firm.
Moreover, the introduction of modern technologies, such as machine learning, artificial intelligence, and augmented reality, in the health and fitness space has revolutionized this industry. These technologies have changed the way individuals with disability exercise at home instead of visiting rehabilitation centers, gyms, and health clubs to keep themselves fit and healthy. Modern fitness platforms are offering all modes, including meditation, aerobics, yoga, Zumba, assisted exercises, and strength training. The growing popularity and increasing adoption of fitness platforms among people with disabilities worldwide are among the key factors boosting investments in the market.
In addition, the development of wearable technology for disabled people/individuals with disabilities is further translatable to the aging population. For instance, a GPS-enabled smart device aiding people with visual impairment in navigating the streets might help adults in monitoring their parents with dementia. Thus, there is a potential opportunity for upcoming innovators and startups to launch technology and products in virtual fitness that prove to be financially successful and beneficial for the physical well-being of people with disabilities.
Fitness Platforms For Disabled Market Insights By Geographical Regions:
North America held the largest revenue share of over 30.0%. The growing awareness regarding fitness and daily health monitoring among the disabled has led to an increase in the adoption of fitness platforms in the region. The U.S. leads the North American market owing to the higher adoption of fitness platforms and mHealth platforms. Asia Pacific is expected to expand at the fastest CAGR during the forecast period. Many countries in this region are adopting virtual fitness strategies to deliver exercise/workout plans for people with disabilities with better outcomes. During the COVID-19 pandemic, the region observed a significant increase in the downloading of fitness platforms.
Industry Analysis By Major Companies:
Key players are introducing live streaming fitness platforms to cater to the growing demand from People with Disabilities (PWD), which is projected to drive the market globally. In addition, virtual health firms and public sports organizations are launching solutions in fitness for the disabled sector. Some prominent players in the global fitness platforms for the disabled market include:
- Apple, Inc.
- Kakana
- Champion’s Rx
- Adaptive Yoga Live
- Evolve21
- Kym Nonstop
- Exercise Buddy, LLC
- Special Olympics
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Fitness Platforms For Disabled Market Segmentation
Grand View Research, Inc. has segmented the global fitness platforms for disabled market on the basis of type, platform, device, and region:
Fitness Platforms For Disabled Type Outlook (Revenue, USD Million, 2016 – 2030)
- Exercise & Weight Loss
- Diet & Nutrition
- Activity Tracking
Fitness Platforms For Disabled Platform Outlook (Revenue, USD Million, 2016 – 2030)
- Android
- iOS
- Others
Fitness Platforms For Disabled Device Outlook (Revenue, USD Million, 2016 – 2030)
- Smartphones
- Tablets
- Wearable Devices
Fitness Platforms For Disabled Regional Outlook (Revenue, USD Million, 2016 – 2030)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Spain
- Italy
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
List of Key Players of Fitness Platforms For Disabled Market
- Apple, Inc.
- Kakana
- Champion’s Rx
- Adaptive Yoga Live
- Evolve21
- Kym Nonstop
- Exercise Buddy, LLC
- Special Olympics
- YouTube
- Hulu, LLC
For Customized reports or Special Pricing please visit @: https://www.grandviewresearch.com/special-pricing/452508/rfsp2
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Grand View Research employs a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation that looks market from three different perspectives.