Wellness is not just a buzzword, it’s a $4.2 Trillion market and growing. It’s a movement and it’s happening now. Our society has taken a turn and people are more focused on their physical, mental and spiritual health than ever before. Being happy and healthy has evolved into a top priority. In walks technology…Apps and startups have enabled this movement by creating technology to address our mind, fitness, sleep, diet, Investors Bet reproductive health, environment and beyond. WellTech has been surging with innumerable apps and companies over the last decade.
Investment activity
Followed in suit with over $2.2B in investment in the 97 modern wellness startups we’ve identified as of March 2019. Why WellTech? Rising healthcare costs have created a growing need for alternate options to address our wellness Russia WhatsApp Number Data physical, mental and spiritual. With increased healthcare costs, increased stress and ailments, and a growing trend toward happiness and health, the market is primed for wellness apps and technology. These technologies give users assistance in achieving overall wellness and help them take proactive measures for a healthy lifestyle.
Modern wellness
Startups have stepped up to fill the gap. People are turning to consumer technology from Apple, Google, Amazon and others to solve these needs –they have less barriers to entry, despite some initial costs for hardware. Startups Dominican Republic WhatsApp Number List in Four Flavors We have classified these wellness startups into four categories. Mind, Body, Community and Space (check out our detailed infographic on this space here). Mind includes startups addressing emotion recognition, intelligent assistance therapy, mental health, mindfulness, mood shaping and stress. Body includes connected apparel.
