The Growing Market of Wellness Applications
Technology has invaded every aspect of our lives in the last few years. There is hardly any sphere of life left that has not gone under the paradigm shift of technology. The daily activities are also a part of technological progress right now. With the smartphones in our hand and the updated gadgets available within range, technology has marched into every thought process of ours.
With exposure to the world beyond, people at large have become aware of the general well being as well. Of late, there has been a trend in maintaining the overall health, and the concept of an improved quality of life has made a considerable difference in the behavioral pattern of the people while dealing with health parameters. Wellness has also become a daily chore for almost all of us. Like the other aspects of life, wellness has also got amalgamated with the advent of technology. There are multiple gadgets available in the market that are effective in determining the basic standards of your health, like pulse rate, sugar level, metabolism rate, and much more. Hence, keeping your health under vigilance is no longer a difficult or time-consuming task.
Wellness Applications are in Demand
As the world is getting integrated with the android/ios based applications, wellness has also made its way into the world of apps. Lately, the world is experiencing a surge in the level of wellness applications along with a rise in the number of people willing to adopt a healthy lifestyle. Enrolling in a health and fitness centre might cost you higher than downloading these applications. Easy to install and operate, these are a friendly and convenient way to keep your health maintenance routine streamlined. If you are being deprived of physical activities owing to the nature of your work, these applications can be of great help in establishing a check over your health. The regular flow of information related to health parameters like sugar level, amount of calories burnt within a specific time, etc. that is extended from the device to the user makes these applications a popular choice.
The Data shows the Growth Path
According to the statistics related to the growth of wellness applications, it has been found that in the year 2016, the total revenue earned was around $300 million whereas the same was $475 million in the year 2018. With the growing trends of the popularity of these applications, it can be easily predicted that the growth will continue further without compromising on the progression margins, and by the year 2022, the revenue from this sector is expected to reach a high of $759 million. There exist a number of applications in the market that not only keep a vigil on your health but also help to suggest ways to betterment which further serve to ensure the growth path in the future. Some of the most popular wellness apps in the current times are:
HealthiFyMe
This application allows the user to track calorie consumption levels and also helps to set fitness goals ensuring best results and effective metabolism.
Trueweight
This application helps the user with a detailed guideline for managing diet so that the additional pounds can be shed off.
GOQii app
This application is available through a wearable device and monitors heart rate, distances covered in a day by walking, the step frequency, and the most active time of the day.
The Global Acceptance of the Wellness Applications
If thorough research is performed on the origination of these applications, you will be amazed by the results of the geographical spread and use of the wellness applications. These applications are getting created and launched from all across the world and are not specific to any country or continent. Hence, the global acceptance of wellness applications stands clear and substantiated.
If you see, till just a couple of years back, smartwatches and fitness watches were hardly imaginable. The growth in the industry related to the gadgets itself shows the inclination of the people at large for these devices that perform relentlessly in order to monitor the heart rate, sugar level, blood pressure, and more health parameters. All you really need to have is a smartphone or a smart device to have enough room for the application, and you can easily set your fitness goals for yourself and keep a constant track of the progress. With such promising background and demand, the wellness applications are only due with steady growth.
We, at IIHMR Delhi, a name to reckon with in the world of healthcare education, believe that wellness applications stand among the most widely embraced technologies by the healthcare industry. People from all over the globe have shown immense appreciation and acceptance for these apps, and that is why it is extremely important that the new gen healthcare professionals stay abreast with all the trends bolstering in the healthcare industry. With our industry-centric curriculum and hands-on projects, we, at IIHMR, recognized as one of the best pharma MBA colleges in India, ensure that each of our pupils get a holistic view of the working of the healthcare industry. All the recent trends in the health industry have been carefully and meticulously incorporated into the syllabus ensuring that our students get an in-depth knowledge of the subject, thereby making it certain that our students stay market ready and achieve immense success in their professional life ahead.
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