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North America Meditation Market - Industry Trends and Forecast to 2029
- Published Date: July, 2022 | Report ID: CLS-16 | No of pages: 250 | Format:
North America meditation market is projected to register a substantial CAGR of 17.7% in the forecast period of 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021 and the forecast period is 2022 to 2029.
North America 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 (U.S., Canada, Mexico) Industry Trends and Forecast to 2029
Market Definition:
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.
There are nine popular types of meditation practice:
• mindfulness meditation
• spiritual meditation
• focused meditation
• movement meditation
• mantra meditation
• transcendental meditation
• progressive relaxation
• loving-kindness meditation
• visualization meditation
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.
Market Segmentation:
North America meditation market is categorized into eight notable segments which are based on product, meditation type, indication, type, age group, usage, information source, and end use.
• On the basis of product, the North America meditation market is segmented into apps, websites, books, online courses, yoga centers, meditation programs and workshops
• On the basis of meditation type, the North America 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
• On the basis of indication, the North America meditation market is segmented into mental condition and physical condition
• On the basis of type, the North America meditation market is segmented into open monitoring, focused attention and self-transcending meditation
• On the basis of age group, the North America meditation market is segmented into adults and children
• On the basis of usage, the North America meditation market is segmented into individual and group
• On the basis of information source, the North America meditation market is segmented into internet and books/newspaper/articles
• On the basis of end use, the North America meditation market is segmented into home setting, meditation centers and corporates/schools/colleges
Market Players
The key market players for North America meditation market are listed below:
• Smiling Mind
• Inner Explorer Inc.
• Committee for Children
• Stop, Breathe & Think PBC
• Simple Habit, Inc.
TABLE OF CONTENT
1 INTRODUCTION 24 1.1 OBJECTIVES OF THE STUDY 24 1.2 MARKET DEFINITION 24 1.3 OVERVIEW OF NORTH AMERICA MEDITATION MARKET 24 1.4 LIMITATIONS 26 1.5 MARKETS COVERED 27 2 MARKET SEGMENTATION 29 2.1 MARKETS COVERED 29 2.2 GEOGRAPHICAL SCOPE 30 2.3 YEARS CONSIDERED FOR THE STUDY 31 2.4 CURRENCY AND PRICING 31 2.5 DBMR TRIPOD DATA VALIDATION MODEL 32 2.6 MULTIVARIATE MODELLING 35 2.7 PRODUCT TYPE LIFELINE CURVE 35 2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 36 2.9 DBMR MARKET POSITION GRID 37 2.10 MARKET APPLICATION COVERAGE GRID 38 2.11 VENDOR SHARE ANALYSIS 39 2.12 SECONDARY SOURCES 40 2.13 ASSUMPTIONS 40 3 EXECUTIVE SUMMARY 41 4 PREMIUM INSIGHTS 44 4.1 PORTERS FIVE FORCES 45 4.2 PESTEL ANALYSIS 46 5 NORTH AMERICA MEDITATION MARKET, REGULATIONS 49 5.1 U.S. 49 5.2 EUROPE 49 5.3 CHINA 50 6 MARKET OVERVIEW 51 6.1 DRIVERS 53 6.1.1 GROW IN AWARENESS AMONG THE POPULATION 53 6.1.2 TREMENDOUS BENEFITS OF MEDITATION 54 6.1.3 RISE IN THE MEDITATION APPS 55 6.1.4 INCREASE IN STRESS AND ANXIETY 55 6.2 RESTRAINTS 56 6.2.1 LOW PENETRATION OF MEDITATION IN EMERGING ECONOMIES 56 6.2.2 ALTERNATIVES OF MEDITATION 56 6.3 OPPORTUNITIES 56 6.3.1 SURGE IN TECHNOLOGICAL ADVANCEMENT AND APP DEVELOPMENT 56 6.3.2 UPSURGE IN SOCIAL MEDITATION AMONG POPULATION 57 6.3.3 INCREASED ADOPTION OF SMARTPHONES AND GROWING RELIANCE ON DIGITAL PLATFORM 57 6.4 CHALLENGE 58 6.4.1 DIFFICULTY IN ADOPTING MEDITATION 58 7 IMPACT OF COVID-19 ON THE NORTH AMERICA MEDITATION MARKET 59 7.1 IMPACT ON PRICE 59 7.2 IMPACT ON DEMAND 59 7.3 STRATEGIC DECISIONS FOR MANUFACTURERS 60 7.4 CONCLUSION 60 8 NORTH AMERICA MEDITATION MARKET, BY PRODUCT 61 8.1 OVERVIEW 62 8.2 APPS, WEBSITES, BOOKS 65 8.3 ONLINE COURSES 66 8.4 YOGA CENTERS 66 8.5 MEDITATION PROGRAMS 67 8.6 WORKSHOPS 68 9 NORTH AMERICA MEDITATION MARKET, BY MEDITATION TYPE 69 9.1 OVERVIEW 70 9.2 PROGRESSIVE RELAXATION/BODY SCAN MEDITATION 73 9.3 MINDFULNESS MEDITATION 73 9.4 BREATH AWARENESS MEDITATION 74 9.5 SPIRITUAL MEDITATION/ TRANSCENDENTAL MEDITATION 75 9.6 ZEN MEDITATION 76 9.7 KUNDALINI YOGA 77 9.8 METTA MEDITATION 78 10 NORTH AMERICA MEDITATION MARKET, BY INDICATION 80 10.1 OVERVIEW 81 10.2 MENTAL CONDITION 84 10.3 PHYSICAL CONDITION 84 11 NORTH AMERICA MEDITATION MARKET, BY TYPE 86 11.1 OVERVIEW 87 11.2 OPEN MONITORING 90 11.3 FOCUSED ATTENTION 90 11.4 SELF-TRANSCENDING MEDITATION 92 12 NORTH AMERICA MEDITATION MARKET, BY AGE GROUP 93 12.1 OVERVIEW 94 12.2 ADULTS 97 12.3 CHILDREN 98 13 NORTH AMERICA MEDITATION MARKET, BY USAGE 99 13.1 OVERVIEW 100 13.2 INDIVIDUAL 103 13.3 GROUP 103 14 NORTH AMERICA MEDITATION MARKET, BY INFORMATION SOURCE 105 14.1 OVERVIEW 106 14.2 INTERNET 109 14.3 BOOKS/NEWSPAPER/ARTICLES 110 15 NORTH AMERICA MEDITATION MARKET, BY END USE 111 15.1 OVERVIEW 112 15.2 HOME SETTING 115 15.3 MEDITATION CENTERS 116 15.4 CORPORATES/SCHOOLS/COLLEGES 117 16 NORTH AMERICA MEDITATION MARKET, BY REGION 118 16.1 NORTH AMERICA 119 16.1.1 U.S. 126 16.1.2 CANADA 128 16.1.3 MEXICO 130 17 NORTH AMERICA MEDITATION MARKET: COMPANY LANDSCAPE 132 17.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 132 18 SWOT ANALYSIS 133 19 COMPANY PROFILE 134 19.1 CALM 134 19.1.1 COMPANY SNAPSHOT 134 19.1.2 COMPANY SHARE ANALYSIS 134 19.1.3 PRODUCT PORTFOLIO 135 19.1.4 RECENT DEVELOPMENTS 135 19.2 HEADSPACE INC. 136 19.2.1 COMPANY SNAPSHOT 136 19.2.2 COMPANY SHARE ANALYSIS 136 19.2.3 PRODUCT PORTFOLIO 137 19.2.4 RECENT DEVELOPMENT 137 19.3 INSCAPE 138 19.3.1 COMPANY SNAPSHOT 138 19.3.2 COMPANY SHARE ANALYSIS 138 19.3.3 PRODUCT PORTFOLIO 139 19.3.4 RECENT DEVELOPMENTS 139 19.4 BETTERME 140 19.4.1 COMPANY SHARE ANALYSIS 140 19.4.2 4.2PRODUCT PORTFOLIO 141 19.4.3 RECENT DEVELOPMENT 141 19.5 INSIGHT NETWORK INC. 142 19.5.1 COMPANY SNAPSHOT 142 19.5.2 COMPANY SHARE ANALYSIS 142 19.5.3 PRODUCT PORTFOLIO 143 19.5.4 RECENT DEVELOPMENTS 143 19.6 AURA HEALTH 144 19.6.1 COMPANY SNAPSHOT 144 19.6.2 6.2PRODUCT PORTFOLIO 144 19.6.3 RECENT DEVELOPMENT 144 19.7 COMMITTEE FOR CHILDREN 145 19.7.1 COMPANY SNAPSHOT 145 19.7.2 PRODUCT PORTFOLIO 145 19.7.3 RECENT DEVELOPMENTS 145 19.8 FEELVERYBIEN, S.A.S. 147 19.8.1 COMPANY SNAPSHOT 147 19.8.2 PRODUCT PORTFOLIO 147 19.8.3 RECENT DEVELOPMENT 147 19.9 INNER EXPLORER INC. 148 19.9.1 COMPANY SNAPSHOT 148 19.9.2 PRODUCT PORTFOLIO 148 19.9.3 RECENT DEVELOPMENTS 148 19.10 INWARD INC 149 19.10.1 COMPANY SNAPSHOT 149 19.10.2 PRODUCT PORTFOLIO 149 19.10.3 RECENT DEVELOPMENT 149 19.11 MEDITOPIA 150 19.11.1 COMPANY SNAPSHOT 150 19.11.2 PRODUCT PORTFOLIO 150 19.11.3 RECENT DEVELOPMENT 150 19.12 MINDFULNESSEVERYWHERE 151 19.12.1 COMPANY SNAPSHOT 151 19.12.2 PRODUCT PORTFOLIO 151 19.12.3 RECENT DEVELOPMENT 151 19.13 MOBIO INTERACTIVE 152 19.13.1 COMPANY SNAPSHOT 152 19.13.2 PRODUCT PORTFOLIO 152 19.13.3 RECENT DEVELOPMENTS 152 19.13.3.1 PRODUCT LAUNCH 152 19.13.3.2 PARTNERSHIP 153 19.14 PORTAL LABS LTD. 155 19.14.1 COMPANY SNAPSHOT 155 19.14.2 PRODUCT PORTFOLIO 155 19.14.3 RECENT DEVELOPMENT 155 19.15 SANITY & SELF 156 19.15.1 COMPANY SNAPSHOT 156 19.15.2 PRODUCT PORTFOLIO 156 19.15.3 RECENT DEVELOPMENT 156 19.16 SIMPLE HABIT INC. 157 19.16.1 COMPANY SNAPSHOT 157 19.16.2 PRODUCT PORTFOLIO 157 19.16.3 RECENT DEVELOPMENTS 157 19.17 SMILING MIND 158 19.17.1 COMPANY SNAPSHOT 158 19.17.2 PRODUCT PORTFOLIO 158 19.17.3 RECENT DEVELOPMENTS 158 19.18 STOP, BREATHE & THINK PBC 159 19.18.1 COMPANY SNAPSHOT 159 19.18.2 PRODUCT PORTFOLIO 159 19.18.3 RECENT DEVELOPMENTS 159 19.19 TEN PERCENT HAPPIER 160 19.19.1 COMPANY SNAPSHOT 160 19.19.2 19.2PRODUCT PORTFOLIO 160 19.19.3 RECENT DEVELOMENT 160 19.20 WAKING UP, LLC. 161 19.20.1 COMPANY SNAPSHOT 161 19.20.2 PRODUCT PORTFOLIO 161 19.20.3 RECENT DEVELOPMENTS 161 20 QUESTIONNAIRE 162 21 RELATED REPORTS 166 |
Segmentation
North America 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 (U.S., Canada, Mexico) Industry Trends and Forecast to 2029
Some of the major factors contributing to the North America meditation market are:
• Due to increase in number of various meditation applications and books and increase in number of mental disorders such as stress, anxiety disorders.
Market Players:
The key market players for North America meditation market are listed below:
• 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
Methodology
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