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Fitness App Market will Showcase Positive Impact during 2020-2024 | Increasing Demand for Wearable Devices to Boost the Market Growth

Technavio has been monitoring the fitness app market and it is poised to grow by USD 1.68 bn during 2020-2024, progressing at a CAGR of almost 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Fitness App Market 2020-2024 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. adidas AG, ASICS Digital Inc., Azumio Inc., BetterME., FitNow Inc., Google LLC, Nike Inc., Samsung Electronics Co. Ltd., Under Armour Inc., and YAZIO GmbH are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Increasing demand for wearable devices has been instrumental in driving the growth of the market.

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Fitness App Market 2020-2024: Segmentation

Fitness App Market is segmented as below:

  • Gender

  • Application

    • Lifestyle Monitoring

    • Health Monitoring

    • Others

  • Geographic Landscape

    • APAC

    • North America

    • Europe

    • South America

    • MEA

Fitness App Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The fitness app market report covers the following areas:

This study identifies proliferation of a variety of fitness apps as one of the prime reasons driving the fitness app market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Fitness App Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist fitness app market growth during the next five years

  • Estimation of the fitness app market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the fitness app market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of

Alcon to Showcase Innovations at #Academy20 that Support Recovery and Growth for Eye Care Practices

  • Clinical findings to be presented on PRECISION1® daily disposable contact lenses and Systane® family of dry eye products

  • Meeting attendees will have opportunity to get an exclusive demo of MARLO, Alcon’s new digital platform

  • Interactive virtual Alcon booth will offer clinical education learning lab, product innovations, an OD-to-OD live theater, a COVID-19 practice response section and more

Alcon, the global leader in eye care, will highlight leading innovations and clinical research at the 2020 American Academy of Optometry (the Academy or #Academy20) meeting taking place virtually from October 7 – 22, 2020. The company’s robust virtual program will feature updates on its most important innovations, including PRECISION1® one-day contact lenses, Systane® iLux® MGD Treatment System and digital platform MARLO, as well as 23 scientific presentations on a range of technologies.

“Now more than ever, there’s an increasing need to bolster practice growth and deliver on unmet patient needs during these challenging times,” said Sean Clark, VP/General Manager, U.S. Vision Care, Alcon. “Throughout the COVID-19 pandemic, Alcon has doubled down on our commitment to support Eye Care Professionals by providing tools, resources and programs to support their practices and their patients. We believe the innovations we’re bringing to this year’s Academy meeting will help our partners get back to business so we can continue helping people See Brilliantly together.”

Alcon’s virtual booth will feature a live theater offering OD-to-OD education and Q&A sessions; an in-depth learning lab; resources for Eye Care Professionals (ECPs) to help their practices recover following COVID-19 shutdowns; product innovation showcases; direct support from Alcon’s medical affairs team; a fun, interactive game center to get the full event experience at home; and, more.

Clinical Data Highlights Key Benefits of PRECISION1 Contact Lenses

Clinical findings will be presented at #Academy20, highlighting key attributes of Alcon’s latest contact lens innovation, PRECISION1. Specifically, data presented at the meeting will look at the lens’ overall performance, efficacy during digital device use and the clinical performance of a forthcoming toric version of PRECISION1. PRECISION1 meeting highlights include:

  • Friday, October 9

    • Paper Presentation: Clinical Comparison of Verofilcon A and Etafilcon A Daily Disposable Contact Lenses. Presented by Dr. Jason Miller, 3:15 – 3:30 p.m. ET

    • Poster Presentation: The subjective response to Verofilcon A Daily Disposable Contact Lenses During Extensive Digital Device Use. Presented by Dr. Marc Schulze, 4:00 – 6:00 p.m. ET

    • Poster Presentation: Clinical Performance of Verofilcon A Toric Daily Disposable Silicone Hydrogel Contact Lenses. Presented by Dr. Wilson Movic, 4:00 – 6:00 p.m. ET

    • Poster Presentation: Use of Likert Questionnaires to Compare Subjective Performance of Two Daily Disposable Soft Contact Lenses. Presented by Dr. Jason Miller, 4:00 – 6:00 p.m. ET

  • Friday, October 16

    • Lunch Symposium: The Next Big Thing, featuring PRECISION1. Guest Speaker Dr. Pam Lowe, 12:00 – 1:00 p.m. ET

Broadened U.S. Availability of MARLO Helps ODs Stay Connected to their Patients

Following a successful pilot, Alcon announced in August the broader U.S. availability of its innovative MARLO