MENA Weight Management Application Market: Current Analysis and Forecast (2023-2030)

Report Description

MENA Weight Management Application Market – Current Scenario and Forecast (2023-2030)

The MENA Weight Management Application Market was valued at USD 64.36 million in the year 2022 and is expected to grow at a strong CAGR of around 22.1% during the forecast period. This is mainly due to rapid advancements in technology, increasing smartphone penetration and a growing awareness of the benefits of Weight management application solutions are key drivers propelling this expansion. The region’s diverse healthcare landscape, coupled with a rising prevalence of chronic diseases, creates a pressing need for innovative and accessible healthcare solutions. For instance, In the United Arab Emirates (UAE), a study among university students found a prevalence of chronic diseases ranging from 16.5% to 30.0%. The population at risk of chronic diseases in the MENA region, i.e., those over 60, currently ranges from 0.8% in the UAE to 10.6% in Turkey, and these percentages are expected to increase significantly in the coming years. Also, as per WHO) non-communicable diseases (NCDs) account for approximately 70% of deaths in the region.

Some of the major players operating in the market include Apple Inc.; MyFitnessPal, Inc.; Lifesum AB; Noom, Inc.; YAZIO; HealthifyMe; Cronometer; Wombat Apps LLC.; runtastic GmbH; Sweat Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst platform, the iOS category is expected to grow at the fastest CAGR during the forecast period.”

Based on platform, the market is segmented into Android and iOS. Among them, the iOS category is expected to grow at the fastest CAGR during the forecast period. high-quality apps and a user base that often values premium experiences, iOS offers a lucrative market for developers. The seamless integration across Apple devices, such as iPhones, iPads, and Apple Watches, enhances the user’s ability to track and manage their weight consistently. Additionally, the stringent app store guidelines ensure that weight management applications on iOS adhere to high standards of reliability and security, instilling trust among users. Which will drive the growth of the market.

“Amongst device, the services category is expected to grow at the fastest CAGR during the forecast period.”

Based on the device, the market is segmented into smartphones, tablets, and wearable devices. Among them, the wearable devices category is expected to grow at the fastest CAGR during the forecast period. Wearable devices play a pivotal role in the weight management application market in MENA. These devices offer real-time health data, including steps taken, heart rate, and sleep patterns, providing users with comprehensive insights into their overall well-being. The popularity of wearables in the region encourages a proactive approach to health, as users can track their progress effortlessly. The convenience of having health metrics readily available on the wrist enhances user engagement and motivation, contributing to the effectiveness of weight management strategies. For instance, In September 2022 – The release of the HUAWEI Band 7, HUAWEI WATCH GT 3 Pro in South African retail stores, and the HUAWEI online shop marks a turning point in the development of fitness and health wearable technology. The two smartwatches and fitness bands preserve the design and material quality of high-end luxury watches, have an extraordinarily long battery life, and include a variety of advanced capabilities to assist users in learning new ways to lead active and healthy lifestyles.

“UAE is Expected to Witness the fastest CAGR During the Forecast Period”

UAE is expected to witness the fastest CAGR during the forecast period due to the country’s increasing focus on health and wellness. With a tech-savvy population and high smartphone penetration, weight management apps have become integral tools in promoting healthier lifestyles. The UAE’s multicultural society presents a diverse demographic with varying dietary preferences and fitness goals, making personalized features of these apps highly relevant. The government’s emphasis on public health, coupled with a rising awareness of the importance of fitness, further propels the demand for innovative weight management solutions. In the competitive landscape, app developers are tailoring their products to align with cultural preferences and dietary habits prevalent in the UAE, contributing to the success of the weight management application market in the country. For instance, in October 2022 – Xiaomi introduced the Smart Band 7 Pro in the UAE. Through its larger viewing area and auto-brightness feature, the Xiaomi Smart Band 7 Pro improves every discriminating user’s watching experience in a lot more practical and enjoyable way without sacrificing its beautiful details. It has a high-resolution 1.64″ rectangular AMOLED screen. Xiaomi Smart Band 7 Pro features over 110 sports modes that may satisfy any user’s tracking requirements, from sleep monitoring to sports tracking.

MENA Weight Management Application Market Report Coverage

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:

The MENA Weight Management Application Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to contact us to get a report that completely suits your requirements.

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Research Methodology

Research Methodology for the MENA Weight Management Application Market Analysis (2023-2030)

Analyzing the historical market, estimating the current market, and forecasting the future market of the MENA Weight Management Application Market were the three major steps undertaken to create and analyze the adoption of Home Healthcare in major countries in MENA. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the MENA Weight Management Application Market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the MENA Weight Management Application Market through company internal sources such as annual reports & and financial statements, performance presentations, press releases, etc., and external sources including journals, news & and articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the MENA Weight Management Application Market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & and sub-segments for major regions. Major segments are included in the report as platform and device. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the MENA Weight Management Application Market. Further, we conducted factor analysis using dependent and independent variables such as the platform and device of the MENA Weight Management Application Market. A thorough analysis was conducted of demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the MENA Weight Management Application Market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the MENA Weight Management Application Market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of revenue (USD) and the adoption rate of the MENA Weight Management Application Market across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the MENA Weight Management Application Market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market.

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the MENA Weight Management Application Market. data was split into several segments and sub-segments post studying various parameters and trends in the areas of the platform and device in the MENA Weight Management Application Market.

The main objective of the MENA Weight Management Application Market Study

The current & and future market trends of the MENA Weight Management Application Market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of the MENA Weight Management Application Market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
• Segments in the study include areas of the platform and device.
• Define and analysis of the regulatory framework for the surgical instrument
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
• Analyze the current and forecast market size of the MENA Weight Management Application Market for the major region.
• Company profiles of the MENA Weight Management Application Market and the growth strategies adopted by the market players to sustain in the fast-growing market.
• Deep dive regional level analysis of the industry.

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price list?

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