Report ID: SQMIG35F2009
Report ID:
SQMIG35F2009 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
126 |
Figures:
77
North America region dominated the meditation market in 2021 and is expected to maintain its dominance throughout the forecast period, with US alone accounting for the highest share in the regional market. The existence of a significant population of patients with mental illnesses, numerous activities featuring meditation workshops, and the quick growth of yoga studios in the area are all credited with the rise of the regional market. A major segment of the population in the region, particularly in emerging countries is expected to have more disposable income in the next years, which will lead to a rise in the number of people spending on mental health development.
Due to a rising level of interest in meditation among residents of the region, Asia-Pacific is anticipated to grow at the fastest rate during the forecast period. The increase is attributed to the high prevalence of mental illnesses as well as the thriving yoga and meditation communities. Due to its growing middle class, China is the market leader in the Asia-Pacific region.
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REQUEST FREE CUSTOMIZATIONMeditation Market size was valued at USD 4471.2 million in 2019 and is poised to grow from USD 5295.07 million in 2023 to USD 20532.44 million by 2031, growing at a CAGR of 18.5% in the forecast period (2024-2031).
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Report ID: SQMIG35F2009