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Emerging Meditation Market Trends: A Spotlight On Mobile Applications For Mindfulness And Mental Well-Being Shaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Meditation Market Size By 2025?
The market size for meditation has seen a significant expansion in the past few years. It's projected to rise from $7.98 billion in 2024 to $9.7 billion in 2025, with a compound annual growth rate (CAGR) of 21.5%. The prior period's growth can be traced back to factors like stress and anxiety management, the upsurge in health and wellness patterns, cultural and spiritual customs, scientific sanction of benefits, and corporate wellness initiatives.
How Big Is the Meditation Market Size Expected to Grow by 2029?
The market size for meditation is predicted to experience significant expansion in the coming years. By 2029, its value is projected to reach $22.56 billion, with a compound annual growth rate (CAGR) of 23.5%. This predicted growth during the forecast period is attributed to factors such as an increased emphasis on mental health, introduction in healthcare practices, growth of wellness tourism and retreats, proliferation of digital meditation platforms and inclusion in educational and workplace settings. Key trends for this forecast period encompass mindfulness-based stress reduction (MBSR) programs, integration of biofeedback and wearable technology, partnerships with wellness and fitness companies, launching sleep meditation schemes, and focus on mental health and emotional well-being.
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Which Key Market Drivers Powering Meditation Market Expansion and Growth?
The rise in stress and anxiety instances is predicted to boost the meditation market's expansion. Stress encompasses any alteration that triggers physical, emotional, or mental discomfort, whereas anxiety is characterized by a feeling of strain, worried thoughts, and physical alterations such as raised blood pressure. Meditation introduces a feeling of peace, calm, and equilibrium, thereby improving emotional and overall health. It is also employed to diminish anxiety and induce relaxation by shifting focus to calming elements. For example, the American Psychiatric Association, a US-based professional group of psychiatrists, reported in December 2022 that 26% of Americans expected to face higher stress levels at the beginning of 2023, surging from 20% the prior year. Consequently, the escalating incidence of stress and anxiety is fuelling the growth of the meditation market.
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Which Fast-Growing Trends Are Poised to Disrupt the Meditation Market?
Leading corporations in the meditation sector are prioritizing the creation of cutting-edge technology solutions, such as electronic or mobile apps, to solidify their market presence. Mobile applications are software solutions specifically built for wireless devices like smartphones and tablets as opposed to traditional desktop or laptop computers. To illustrate, Mobio Interactive, an AI-driven digital theragnostic platform from Singapore that designs and markets personalized, clinically approved psychotherapy programs, introduced the AmDTx app in May 2022. The AmDTx app offers a range of psychotherapy treatments, with a strong focus on medical-grade mindfulness meditation, accessible through several options. Additional features include stress assessment using smartphone cameras, stress self-assessments, intuitive mood tracking, and open-ended writing exercises. The app can also facilitate the completion of meditation sessions or other types of digital psychotherapy through various training features like self-guided and goal-oriented options.
What Are the Emerging Segments in the Meditation Market?
The meditation market covered in this report is segmented -
1) By Type: Open Monitoring, Focused Attention, Self-Transcending Meditation
2) By Meditation Type: Zen Meditation, Metta Meditation, Spiritual Meditation Or Transcendental Meditation, Progressive Relaxation Or Body Scan Meditation, Mindfulness Meditation, Breath Awareness Meditation, Kundalini Yoga
3) By Age: Adult, Children
4) By End-User: Meditation Centers, Home Setting, Corporates Or Schools Or Colleges
Subsegments:
1) By Open Monitoring: Mindfulness Meditation, Observational Practices
2) By Focused Attention: Breath Awareness Meditation, Mantra Meditation, Visualization Techniques
3) By Self-Transcending Meditation: Transcendental Meditation, Vedic Meditation, Loving-Kindness Meditation (Metta)
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Who Are the Global Leaders in the Meditation Market?
Major companies operating in the meditation market include Stop Breathe and Think PBC, Mindfulness Everywhere, Insight Network Inc., BetterMe BUSINESS HOLDINGS Corp, The Meditation Company GmbH, Calm.com Inc., Mindbody Inc, Headspace Inc., Chopra Global LLC, Gaia Inc, Committee for Children, Sattva Inc, Gaiam Brands LLC, Meditopia Inc, Smiling Mind Ltd, Wildflowers Mindfulness Ltd, Sanity and Self Inc, Yoga International LLC, Aura Health Inc, Simple Habit Inc., Portal Labs Ltd., Mobio Interactive Pte Ltd., Unplug Meditation LLC, Happify Inc, Inner Explorer Inc., Waking Up LLC, FeelVeryBien SAS, Ten Percent Happier Inc, Breethe Inc., Omvana Inc, Mindful Communications Inc, Journey Meditation Inc, Prana Breath Ltd, MindTastik LLC, Sanvello Health Inc., Zenify technologies Inc.
Which are the Top Profitable Regional Markets for the Meditation Industry?
North America was the largest region in the meditation market in 2024. The regions covered in the meditation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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