Middle East and Africa Meditation Market, By Product (Apps, Websites, Books, Online Courses, Yoga Centers, Meditation Programs and Workshops), Meditation Type (Progressive Relaxation/Body Scan Meditation, Mindfulness Meditation, Breath Awareness Meditation, Spiritual Meditation/ Transcendental Meditation, Zen Meditation, Kundalini Yoga, and Metta Meditation), Indication (Mental Condition and Physical Condition), Type (Open Monitoring, Focused Attention and Self-Transcending Meditation), Age Groups (Adults and Children) ,Usage (Individual and Group), Information Source (Internet and Books/Newspaper/Articles), End Use (Home Setting, Meditation Centers and Corporates/Schools/Colleges), Country (Saudi Arabia, UAE, Israel, Egypt, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights: Middle East and Africa Meditation Market
Middle East and Africa meditation market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the Middle East and Africa meditation market is growing with a CAGR of 12.0% in the forecast period of 2022 to 2029 and is expected to reach USD 179.57 million by 2029 from USD 72.81 million in 2021. Rising healthcare expenditure and escalation in innovation and technologies are major drivers which are expected to the growth of the market in the forecast period.
Meditation can be defined as a set of techniques that are intended to encourage a heightened state of awareness, focused attention and relieve stress. Meditation is also a consciousness- changing technique that has been shown to have a wide number of benefits on psychological well-being.
Meditation is a mind and body practice that has a long history of use for increasing calmness and physical relaxation, improving psychological balance, coping with illness, and enhancing overall health and well-being. Many studies have been conducted to look at how meditation may be helpful for a variety of conditions, such as high blood pressure, certain psychological disorders, and pain. A number of studies also have helped researchers learn how meditation might work and how it affects the brain.
Guided meditations are an excellent tool for beginners, as they provide a focal point and gentle instruction to help you connect and let go of self-judgment.
A growing number of people are affected with by the mental disorders which demand highly effective and advanced treatment to reduce the number of patients affected with mental disorders. The healthcare systems need highly effective apps and programs to alleviate the mental conditions of patients. Therefore, the major market players are highly focusing on app launches and product approvals. The increase research & development investment for innovative apps development and growing awareness about meditation in people have accelerated the need for meditation apps. The rising prevalence of mental disorders along with surging volume of mental disorders is also propelling the growth of the market
Availability of alternative medicines is anticipated to hinder market growth in the projected period. Soaring number of apps service manufacturers is an opportunity for this market and is expected to impel the market growth. Difficulty in adopting meditation is a challenge for this market.
The Middle East and Africa meditation market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Middle East and Africa Meditation Market Scope and Market Size
The Middle East and Africa meditation market is segmented on the basis of product, meditation type, indication, type, age group, usage, information source, and end use. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the Middle East and Africa meditation market is segmented into apps, websites, books, online courses, yoga centers, meditation programs, workshops. In 2022, apps, websites, books, segment is expected to dominate the market because these can be easily used by beginners before commencing the yoga or meditation classes
- On the basis of meditation type, the Middle East and Africa meditation market is segmented into progressive relaxation/body scan meditation, mindfulness meditation, breath awareness meditation, spiritual meditation/ transcendental meditation, zen meditation, kundalini yoga, and metta meditation. In 2022, progressive relaxation/body scan meditation segment is expected to dominate the market because this meditation type renders most benefits of meditation and helps the mind and body to relax.
- On the basis of indication, the Middle East and Africa meditation market is segmented into mental condition (stress/ anxiety disorders/mood disorders/depression) and physical condition (pain/insomnia/asthma/substance abuse/pregnancy). In 2022, mental condition segment is expected to dominate owing to the financial and resources crisis and outbreak of the pandemic.
- On the basis of type, the Middle East and Africa meditation market is segmented into open monitoring, focused attention, self-transcending meditation. In 2022, open monitoring segment is expected to dominate because it tremendously help patients to recover from mental disorders
- On the basis of age group, the Middle East and Africa meditation market is segmented into adult and children. In 2022, adult segment is expected to dominate the market as adults are mostly afflicted with mental disorders in the region.
- On the basis of usage, the Middle East and Africa meditation market is segmented into individual and group. In 2022, individual segment expected to dominate the market because it more convenient and comfortable for people.
- On the basis of information source, the Middle East and Africa meditation market is segmented into internet and books/newspaper/articles. In 2022, internet segment is expected to dominate the market due to rising number of mental disorders in the region.
- On the basis of end use, the Middle East and Africa meditation market is segmented into home setting, meditation centers, corporates/schools/colleges. In 2022, home setting segment is expected to dominate the market because of better comfort and surging pool of mental disorders patients.
Middle East and Africa Meditation Market Country Level Analysis
Middle East and Africa meditation market is segmented on the basis of product, meditation type, indication, type, age group, usage, information source, and end use.
Countries covered in the Middle East and Africa meditation market report are Saudi Arabia, UAE, Israel, Egypt, South Africa, rest of Middle East and Africa. Saudi Arabia is expected to dominate the Middle East and Africa meditation market due to growing awareness about meditation in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Rising Prevalence of Mental Disorders and Escalation in Innovations and Technologies in the Middle East and Africa Meditation Market Are Creating New Opportunities for Players
The Middle East and Africa meditation market also provides you with detailed market analysis for every country growth in particular industry with the Middle East and Africa meditation market sales, impact of advancement in the Middle East and Africa meditation market and changes in regulatory scenarios with their support for the Middle East and Africa meditation market. The data is available for historic period 2011 to 2020.
Competitive Landscape and Middle East and Africa Meditation Market Share Analysis
Middle East and Africa meditation market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width, and breadth, application dominance, and technology lifeline curve. The above data points provided are only related to the companies’ focus related to Middle East and Africa meditation market.
Major players covered in the report are Smiling Mind, Inner Explorer Inc., Committee for Children, Stop, Breathe & Think PBC, Simple Habit, Inc., Calm, Headspace Inc., Inscape, Insight Network Inc., Waking Up, LLC, FeelVeryBien, s.a.s., MEDITOPIA, BetterMe, Aura Health, Sanity & Self, TEN PERCENT HAPPIER, Inward Inc, Portal Labs Ltd., MOBIO INTERACTIVE, MindfulnessEverywhere among others domestic and Middle East and Africa players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product launches and agreements are also initiated by the companies worldwide, which are further accelerating the Middle East and Africa meditation market.
For instance,
- In May 2021, MOBIO INTERACTIVE announced that they developed personalised mental health therapy for people affected by the COVID-19 pandemic, which has detrimentally impacted mental health worldwide, causing increased stress, anxiety, and depression. This therapy tremendously helped people during the pandemic and thereby generating more revenue for the company
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