Thursday, September 1, 2016

Healthy Living Made Easy 

Obesity and diabetes are epidemics in the United States. In the US, 166 million people are obese, 1.25 million people have type 1 diabetes and 19.85 million people have type 2 diabetes.

To help combat this massive problem, companies have started to develop apps as easy, convenient ways to track your overall health. Most of the mobile-health application users look for goal tracking and for warning of potential health issues.

In recent studies, it was recorded that 60%, roughly 135 million, American adults say that they try to track their diet or exercise. Of this 135 million people, 40 million use an app to do so. Total, 150 million American adults said that they could use a smartphone app to manage their health-related issues. One of these health issues is diabetes. However, only 4% of diabetics use diabetes management apps because they are unsatisfied with the current offering.

There is a lot of competition in the app industry. Forty percent of the top 100 apps on the global charts are less than one-year-old. Brand loyalty to apps is low because comparing similar apps is easy; so, being able to differentiate yourself is important because there are so many diet apps and they are virtually the same. Therefore, having strong brand awareness is crucial in the app market because people search for specific names, not general terms.

The market for health apps is booming. Millennials are focused on fitness while baby-boomers are focused on health. These are two giant segments that have barely been tapped. Consumers are constantly searching for that one app that can do more than the last and provide more accurate features. This is a window for app companies that can offer advanced technological offerings because there are not a lot of apps that are very accurate.

One of our clients, DietSensor, was recently awarded for their innovative technology in this industry. Be sure to check out their website!

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