Smart Weight, Body Composition, and BMI Scales Market size to grow by USD 85.26 million from 2021 to 2026; The pregnancy-mode feature to be a major trend in the market - Technavio

NEW YORK, April 5, 2023 /PRNewswire/ -- The global smart weight, body composition, and BMI scale market size is estimated to grow by USD 85.26 million from 2021 to 2026, according to Technavio. The market is expected to decline at a CAGR of 4.58% during the forecast period. The pregnancy-mode feature is one of the major trends in smart weight, body composition, and BMI scales market that contributes to the market growth. Such continuous product innovations are facilitating the launch of smart weight, body composition, and BMI scales. Pregnancy-mode feature provides an efficient track of the expectant mother's health parameters and provides information about the progress of a pregnancy. For instance, QardioBase launched by Qardio Inc. helps expectant mothers track the pregnancy progress and maintain a visual directory of each measurement. Hence, the inclusion of advanced features in smart body weight scales will fuel the demand for global smart weight, body composition, and BMI scales during the forecast period. For more insights on the forecast market size (2022 to 2026) - Request a sample report

What's New?

• Global competitiveness and key competitor positions 
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial  - buy the report!

Smart Weight, Body Composition, And BMI Scales Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on retail channel (offline and online), price range (less than USD 100 and more than USD 100), and geography (North America, Europe, APAC, South America, and Middle East and Africa)

• The market share growth by the offline segment will be significant for the global market growth during the forecast period. The offline distribution channel includes specialty stores, department stores, hypermarkets, supermarkets, and convenience stores. Significantly, hypermarkets, supermarkets, and convenience stores account for 62.90% of the offline retail distribution channel of the global smart weight, body composition, and BMI scales market. These stores offer a variety of products at competitive prices. Hence, these strategies will drive segment growth during the forecast period.

Geography Overview
By geography, the global smart weight, body composition, and BMI scales market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global smart weight, body composition, and BMI scales market.

• North America is estimated to account for 37% of the market growth during the forecast period. The US and Canada are the key markets for smart weight, body composition, and BMI scales market in the region. Market growth in this region is estimated to be faster than the growth of the market in other regions. Technological advances facilitate the smart weight, body composition, and BMI scale market growth in North America over the forecast period. 

Insights on the market contribution of various segments including country and region, and forecast market size (2022 to 2026) - Download a Sample Report

Smart Weight, Body Composition, And BMI Scales Market – Market Dynamics
Key factor driving market growth
The rising health consciousness is one of the key drivers supporting the smart weight, body composition, and BMI scale market growth. The growth in the percentage of the aging population leads to an increase in the occurrence of diseases. High healthcare costs further increase the degree of health consciousness and precautional measures adopted by the global population. Smart weight, body composition, and BMI scale usage help in the timely tracking of multiple health parameters. Increased health consciousness leads to high demand for healthy foods, gym memberships, diet programs, mobile health applications, and smart fitness devices. Increased health consciousness, coupled with product utility awareness, contributes to the growth of the global smart weight, body composition, and BMI scales market.

Major challenges hindering the market growth

• The proliferation of alternative smart wearable devices and applications is one of the major factors hindering smart weight, body composition, and BMI scale market growth. Smart weight, body composition, and BMI scale market help measure body weight, body-fat percentage, and others. However, multiple fitness-tracking devices available in the market offer similar features as that smart weight, body composition, and BMI scales. The similarity in functionalities, performance, and price performance of the fitness-tracking devices poses threats to the growth of the current market. The alternative fitness devices are suitable for tracking physical activities, speed, calories burnt, and user heart rate. The key smart fitness wearable devices available in the market include Apple Watch and other Fitbit bands. Hence, such availability of alternative smart wearable devices will hinder the smart weight, body composition, and BMI scale market growth during the forecast period.

Insights on market drivers, trends, & challenges, and forecast period (2022 to 2026)- Request a sample report!

What are the key data covered in this Smart Weight, Body Composition, And BMI Scales Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the smart weight, body composition, and BMI scales market between 2022 and 2026
• Precise estimation of the size of the smart weight, body composition, and BMI scales market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the smart weight, body composition, and BMI scales market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of smart weight, body composition, and BMI scales market vendors

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The body composition analyzers market size is expected to reach a value of USD 317.61 million at a CAGR of 8.13%, during 2021-2025. There is a rise in healthcare initiatives taken by governments to promote a healthy lifestyle.

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Table of Contents     

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Retail Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Price Range
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 18: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Retail Channel

• 5.1 Market segments
• Exhibit 25: Chart on Retail Channel - Market share 2021-2026 (%)
• Exhibit 26: Data Table on Retail Channel - Market share 2021-2026 (%)

• 5.2 Comparison by Retail Channel 
• Exhibit 27: Chart on Comparison by Retail Channel
• Exhibit 28: Data Table on Comparison by Retail Channel

• 5.3 Offline - Market size and forecast 2021-2026 
• Exhibit 29: Chart on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 31: Chart on Offline - Year-over-year growth 2021-2026 (%)
• Exhibit 32: Data Table on Offline - Year-over-year growth 2021-2026 (%)

• 5.4 Online - Market size and forecast 2021-2026 
• Exhibit 33: Chart on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Data Table on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 35: Chart on Online - Year-over-year growth 2021-2026 (%)
• Exhibit 36: Data Table on Online - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Retail Channel 
• Exhibit 37: Market opportunity by Retail Channel ($ million)

6 Market Segmentation by Price Range

• 6.1 Market segments
• Exhibit 38: Chart on Price Range - Market share 2021-2026 (%)
• Exhibit 39: Data Table on Price Range - Market share 2021-2026 (%)

• 6.2 Comparison by Price Range 
• Exhibit 40: Chart on Comparison by Price Range
• Exhibit 41: Data Table on Comparison by Price Range

• 6.3 Less than $100 - Market size and forecast 2021-2026 
• Exhibit 42: Chart on Less than $100 - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on Less than $100 - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on Less than $100 - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on Less than $100 - Year-over-year growth 2021-2026 (%)

• 6.4 More than $100 - Market size and forecast 2021-2026 
• Exhibit 46: Chart on More than $100 - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on More than $100 - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on More than $100 - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on More than $100 - Year-over-year growth 2021-2026 (%)

• 6.5 Market opportunity by Price Range 
• Exhibit 50: Market opportunity by Price Range ($ million)

7 Customer Landscape

• 7.1 Customer landscape overview 
• Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation 
• Exhibit 52: Chart on Market share by geography 2021-2026 (%)
• Exhibit 53: Data Table on Market share by geography 2021-2026 (%)

• 8.2 Geographic comparison 
• Exhibit 54: Chart on Geographic comparison
• Exhibit 55: Data Table on Geographic comparison

• 8.3 North America - Market size and forecast 2021-2026 
• Exhibit 56: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 57: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 58: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 59: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 8.4 Europe - Market size and forecast 2021-2026 
• Exhibit 60: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 61: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 62: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 63: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 8.5 APAC - Market size and forecast 2021-2026 
• Exhibit 64: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 65: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 66: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 67: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 8.6 South America - Market size and forecast 2021-2026 
• Exhibit 68: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 69: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 70: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 71: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 8.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 8.8 US - Market size and forecast 2021-2026 
• Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)

• 8.9 UK - Market size and forecast 2021-2026 
• Exhibit 80: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 81: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 82: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 83: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 8.10 Canada - Market size and forecast 2021-2026 
• Exhibit 84: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 85: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 86: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 87: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 8.11 China - Market size and forecast 2021-2026 
• Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%)

• 8.12 Germany - Market size and forecast 2021-2026 
• Exhibit 92: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 93: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 94: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 95: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 8.13 Market opportunity by geography 
• Exhibit 96: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 97: Impact of drivers and challenges in 2021 and 2026

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape
• Exhibit 98: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption
• Exhibit 99: Overview on factors of disruption

• 10.4 Industry risks
• Exhibit 100: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered
• Exhibit 101: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 102: Matrix on vendor position and classification

• 11.3 Actofit Wearables
• Exhibit 103: Actofit Wearables - Overview
• Exhibit 104: Actofit Wearables - Product / Service
• Exhibit 105: Actofit Wearables - Key offerings

• 11.4 Fitbit Inc.
• Exhibit 106: Fitbit Inc. - Overview
• Exhibit 107: Fitbit Inc. - Business segments
• Exhibit 108: Fitbit Inc. - Key offerings
• Exhibit 109: Fitbit Inc. - Segment focus

• 11.5 FKA Distributing Co. LLC 
• Exhibit 110: FKA Distributing Co. LLC - Overview
• Exhibit 111: FKA Distributing Co. LLC - Product / Service
• Exhibit 112: FKA Distributing Co. LLC - Key offerings

• 11.6 Garmin Ltd.
• Exhibit 113: Garmin Ltd. - Overview
• Exhibit 114: Garmin Ltd. - Business segments
• Exhibit 115: Garmin Ltd. - Key offerings
• Exhibit 116: Garmin Ltd. - Segment focus

• 11.7 Huawei Investment and Holding Co. Ltd. 
• Exhibit 117: Huawei Investment and Holding Co. Ltd. - Overview
• Exhibit 118: Huawei Investment and Holding Co. Ltd. - Business segments
• Exhibit 119: Huawei Investment and Holding Co. Ltd. - Key offerings
• Exhibit 120: Huawei Investment and Holding Co. Ltd. - Segment focus

• 11.8 iHealth Labs Inc.
• Exhibit 121: iHealth Labs Inc. - Overview
• Exhibit 122: iHealth Labs Inc. - Product / Service
• Exhibit 123: iHealth Labs Inc. - Key offerings

• 11.9 Nokia Corp.
• Exhibit 124: Nokia Corp. - Overview
• Exhibit 125: Nokia Corp. - Business segments
• Exhibit 126: Nokia Corp. - Key offerings
• Exhibit 127: Nokia Corp. - Segment focus

• 11.10 Under Armour Inc.
• Exhibit 128: Under Armour Inc. - Overview
• Exhibit 129: Under Armour Inc. - Business segments
• Exhibit 130: Under Armour Inc. - Key offerings
• Exhibit 131: Under Armour Inc. - Segment focus

• 11.11 Wahoo Fitness LLC
• Exhibit 132: Wahoo Fitness LLC - Overview
• Exhibit 133: Wahoo Fitness LLC - Product / Service
• Exhibit 134: Wahoo Fitness LLC - Key offerings

• 11.12 Xiaomi Corp.
• Exhibit 135: Xiaomi Corp. - Overview
• Exhibit 136: Xiaomi Corp. - Business segments
• Exhibit 137: Xiaomi Corp. - Key news
• Exhibit 138: Xiaomi Corp. - Key offerings
• Exhibit 139: Xiaomi Corp. - Segment focus

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 140: Inclusions checklist
• Exhibit 141: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 142: Currency conversion rates for US$

• 12.4 Research methodology
• Exhibit 143: Research methodology
• Exhibit 144: Validation techniques employed for market sizing
• Exhibit 145: Information sources

• 12.5 List of abbreviations 
• Exhibit 146: List of abbreviations

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