The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising prevalence of stress and anxiety is likely to promote innovation in meditation manufacturing, propelling the market during the forecast period.

The global meditation market is expected to grow from $5.46 billion in 2022 to $6.65 billion in 2023 at a compound annual growth rate (CAGR) of 21.8%. The global meditation market size is expected to grow to $14.60 billion in 2027 at a CAGR of 21.7%.

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Global Meditation Market Segments Include:

• By Type: Open Monitoring, Focused Attention, Self-Transcending Meditation
• 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
• By Age: Adult, Children
• By End-User: Meditation Centers, Home Setting, Corporates Or Schools Or Colleges
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global meditation market in 2021.

Major Market Players in the meditation market include Smiling Mind, Inner Explorer Inc., Committee for Children, Stop Breathe and Think PBC, Simple Habit Inc., Calm, Headspace Inc., Insight Network Inc., Waking Up LLC, FeelVeryBien SAS, Meditopia.

The development of mobile or electronic applications is a crucial trend that is gaining traction in the meditation market. Major players in the meditation market are focusing on producing unique solutions to increase their market position. For example, Mobio Interactive, a Singapore-based app developer that produces and publicises a digital theragnostic platform powered by AI that offers clinically validated psychotherapy regimens tailored to each patient, introduced the AmDTx app in May 2022. AmDTx offers a number of psychotherapy options. A considerable emphasis has been placed on medical-grade mindfulness meditation practises, which are available through a variety of channels. Other benefits include stress assessment with a mobile camera, stress self-evaluations, intuitive mood calculation, and free-form writing. It can also be used to complete meditation sessions or other sorts of digitally transmitted psychotherapy by utilising training elements such as self-guided, intent, and others.

The Meditation Global Market Report 2023  provides a meditation market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The meditation market forecast analyzes meditation market size, meditation market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Meditation is a category of self-regulation practises that emphasise the connection of the mind and body and are used to relieve stress and increase overall well-being. It has been practised for thousands of years and is well-known around the world for its benefits to brain health and overall well-being.

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