Smart Weight, Body Composition, and BMI Scales Market to grow at a CAGR of 5.22% during 2024-2028
The Smart Weight, Body Composition, and BMI Scales Market is expected to grow at a CAGR of 5.22% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 108.54 million. In the health technology sector, the market for smart weight, body composition, and BMI scales has experienced significant growth due to continuous product innovations. One notable development is the integration of advanced pregnancy-mode features, which enable expectant mothers to efficiently monitor their health parameters throughout their pregnancy. For instance, Qardio's QardioBase scale offers this functionality, allowing users to track their progress and maintain a visual record of each measurement. The inclusion of such advanced features in smart body weight scales is expected to drive demand for global smart weight, body composition, and BMI scales during the forecast period.
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Technavio analysts predict that the Offline subsegment will lead the Distribution Channel segment during 2024 and 2028 The offline distribution channel segment in the global market for smart weight, body composition, and BMI scales has experienced substantial growth due to its ability to cater to consumers' preference for tangible product interaction. Offline channels, comprised of traditional brick-and-mortar retail stores, serve as crucial touchpoints for reaching a broad customer base. Notable offline retailers include specialty health stores, department stores, hypermarkets, and fitness equipment stores, offering smart scales as integral components of their inventory. These channels foster a personal shopping experience, allowing consumers to physically assess the product's features and functionality before making an informed purchase decision.
Here are the various ways based on which the market is segmented:
There are several factors that are causing the market to flourish rising health consciousness among people
Learn which are the obstacles that the market is experiencing in the way of its growth by accessing the free PDF report
The Smart Weight, Body Composition, and BMI Scales market is witnessing significant growth due to the increasing obesity prevalence and rising health awareness. Traditional methods of measuring body weight are being replaced by advanced body composition analysis techniques such as air displacement plethysmography and underwater weighing. These methods provide a more accurate measurement of body fat and help identify the distribution of fat and muscle mass. Obesity rates continue to rise, leading to an increased focus on innovative product launches that offer more comprehensive health assessments. Smart Weight Composition scales use bioelectrical impedance analysis, which sends small electrical currents through the body to measure body fat percentage, muscle mass, bone mass, and other health indicators like cholesterol and glucose levels. Reproductive hormone metabolism and chronic health disorders are also factors driving the demand for body composition analysis. These scales offer real-time communication networks, allowing users to track their progress towards their desired body composition and receive personalized health recommendations. With the ability to measure more than just weight, these smart scales are becoming essential tools for maintaining overall health and wellness.
According to Technavio, the global smart weight, body composition, and BMI scales market are classified under the leisure products segment within the broader household durables market. This market encompasses various categories such as sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-driven games. The global household durables market size is determined by the collective revenue generated by manufacturers of household durables, which include consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products. The expansion of the global leisure products market is anticipated to be fueled by the surge in health and fitness club memberships, which have experienced significant growth over the past decade.
The Smart Weight, Body Composition, and BMI Scales Market is experiencing significant growth, fueled by the rising health consciousness among people. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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