Smart Weight, Body Composition, and Body-Mass Index Scales Market Report 2024

This Smart Weight, Body Composition, And Body-Mass Index Scales market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The smart weight, body composition, and body-mass index scales market size has grown strongly in recent years. It will grow from $78.41 billion in 2023 to $83.37 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The historical growth can be attributed to several factors, including increased awareness about health and fitness, a rising demand for telehealth services, growing interest in digital body composition tools, and an increasing number of overweight and obese individuals.

The smart weight, body composition, and body-mass index scales market size is expected to see strong growth in the next few years. It will grow to $107.51 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The anticipated growth during the forecast period can be attributed to several factors, including the rising prevalence of obesity, a growing preference for fitness activities and sports participation, increased awareness of obesity, a rising demand for advanced body health monitoring tools, and the increasing number of fitness clubs. Key trends expected during this period include the development of technologically advanced measuring scales, innovations in design and materials, integration with artificial intelligence, compatibility with voice assistants, and connections with devices like Fitbits.

The rising prevalence of obesity is anticipated to drive growth in the smart weight, body composition, and body mass index (BMI) scale markets. Obesity, characterized by excessive body fat and a BMI of 30 or higher, is linked to unhealthy eating, sedentary lifestyles, and socio-economic factors. The increased prevalence of obesity leads to higher health risks and demands effective monitoring solutions. Smart scales that measure weight, body composition, and BMI provide individuals with detailed and accurate data on body weight, fat percentage, muscle mass, and BMI, helping them track their progress, make informed lifestyle changes, and assess the effectiveness of weight management strategies. For example, the World Heart Foundation reported in March 2023 that around 2.3 billion adults and children worldwide are obese or overweight, with projections indicating this number could reach 2.7 billion by 2025. This trend is driving demand for smart weight, body composition, and BMI scales.

Companies in this market are focusing on developing advanced technologies, such as body composition analyzers, to improve health and fitness tracking. A body composition analyzer measures various body components, including fat, muscle, bone, and water percentages, providing a detailed analysis of physical health. For instance, in April 2023, Actxa Pte Ltd., a Singapore-based health technology company, introduced the Sense 2 Smart Scale. This device features advanced sensors for precise measurement of weight, body fat percentage, muscle mass, and other key metrics. It integrates seamlessly with a mobile app for real-time health tracking and detailed progress reports, and includes Bluetooth connectivity for easy data syncing and personalized insights.

In February 2022, Withings, a French company known for its health technology and connected devices, acquired 8Fit, a move made for an undisclosed sum. This acquisition allows Withings to combine its expertise in health devices with 8Fit's tailored fitness and nutrition programs. The goal of this strategic decision is to create an all-encompassing health solution that helps users achieve their wellness goals more effectively. 8Fit, a health and fitness app based in Germany, offers personalized workout plans and health tracking features.

Major companies operating in the smart weight, body composition, and body-mass index scales market are Huawei Technologies Co. Ltd., Xiaomi Communications Co. Ltd., Nureca Ltd., Garmin Ltd., Anker Technology UK Ltd., Fitbit Inc., Polar Electro Oy, Beurer GmbH, InBody Co. Ltd., Withings France SA, Etekcity, Wyze Labs Inc., iHealth Labs Inc., Pyle USA, Renpho Technology Co. Ltd., Tanita Corporation, Salter Housewares Limited, Vandelay Brands Limited, Greater Goods LLC, Qardio Inc., Koogeek Inc., Blipcare Inc., PICOOC Technology Co. Ltd., Actxa Pte Ltd.

North America was the largest region in the smart weight, body composition, and body-mass index scales market in 2023. The regions covered in the smart weight, body composition, and body-mass index scales market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the smart weight, body composition, and body-mass index scales market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Smart weight, body composition, and body-mass index (BMI) scales are advanced devices designed to monitor and analyze different aspects of an individual's health. These scales help track overall health and fitness progress, manage weight, and evaluate changes in body composition over time.

The primary types of these scales are Wi-Fi scales and Bluetooth scales. Wi-Fi scales are digital devices that connect to the internet via Wi-Fi, automatically syncing weight data to a cloud-based platform or app. This allows users to track their measurements over time from any device with internet access. The scales are available in various price ranges, including less than USD 100 and more than USD 100, and are distributed through both offline and online channels.

The smart weight, body composition, and body-mass index scales market research report is one of a series of new reports that provides smart weight, body composition, and body-mass index scales market statistics, including smart weight, body composition, and body-mass index scales industry global market size, regional shares, competitors with a smart weight, body composition, and body-mass index scales market share, detailed smart weight, body composition, and body-mass index scales market segments, market trends, and opportunities, and any further data you may need to thrive in the smart weight, body composition, and body-mass index scales industry. This smart weight, body composition, and body-mass index scales research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The smart weight, body composition, and body-mass index scales market consist of revenues earned by entities by providing services such as body composition analysis, BMI calculation, weight measurement, progress tracking, and health monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. The smart weight, body composition, and body-mass index scales market also includes sales of digital smart scales, body composition monitors, smart scales with heart rate monitoring, and fitness tracking scales. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.