Global Smart BMI Calculator Market Size By Type (Smart BMI Calculator APP, Others), By Application (Male, Female), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 10307 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:
The Global Smart BMI Calculator Market is
anticipated to witness substantial growth between 2023 and 2031, driven by the
rising awareness of personal health management and technological advancements
in health monitoring tools. The market size was valued at USD 350 million in
2023 and is projected to reach USD 870 million by 2031, with a CAGR of 12.2%
during the forecast period. Smart BMI calculators provide users with more
accurate assessments of body fat, muscle mass, and health risks than
traditional BMI calculators, making them increasingly popular among individuals
and health professionals alike.
Drivers:
Rising Health Awareness: Growing awareness
about obesity-related health risks, including heart diseases and diabetes, is
driving the demand for more sophisticated health monitoring tools like smart
BMI calculators.
Technological Advancements: Integration of
artificial intelligence (AI) and machine learning (ML) into health devices has
enabled smart BMI calculators to offer personalized insights and health
recommendations, boosting their adoption.
Increased Focus on Preventive Healthcare:
The global shift towards preventive healthcare, where individuals monitor their
health metrics regularly, is further fueling the market growth.
Restraints:
High Cost of Smart Devices: The premium
pricing of advanced smart BMI calculators can act as a barrier for
price-sensitive consumers, particularly in emerging markets.
Privacy Concerns: The storage and sharing
of personal health data on cloud-based platforms raise privacy and security
concerns, which may hinder market growth.
Opportunities:
Growth in Wearable Technology: The
integration of smart BMI calculators with popular wearable health devices
presents a significant opportunity for market players to expand their product
offerings.
Increasing Demand in Emerging Markets:
Rising disposable incomes and growing health awareness in emerging markets like
Asia-Pacific and Latin America offer lucrative growth opportunities.
Market
by System Type Insights:
The Software-based BMI Calculator segment
dominated the market in 2023 due to its high accuracy and integration with
mobile applications. The Wearable BMI Calculator segment is expected to grow
rapidly during the forecast period, driven by the increasing adoption of
wearable health technology.
Market
by End-use Insights:
The Home Use segment accounted for the
largest market share in 2023, as more individuals prefer self-monitoring tools
for fitness and health tracking. The Healthcare Facilities segment is also
anticipated to witness significant growth, driven by the increased usage of
smart BMI calculators by health professionals to provide better diagnostic and
personalized treatment options.
Market
by Regional Insights:
North America led the market in 2023 due to
high consumer awareness, technological advancements, and widespread adoption of
digital health tools. However, Asia-Pacific is projected to experience the
fastest growth during the forecast period, propelled by increasing health
awareness and the expanding middle class in countries like China and India.
Competitive
Scenario:
Key players in the Global Smart BMI
Calculator Market include Fitbit Inc., Garmin Ltd., Withings, Qardio, Inc.,
Omron Healthcare, Inc., and Tanita Corporation. These companies are focusing on
product innovations, partnerships, and expanding their product portfolios to
cater to a broader consumer base. Notable developments include Fitbit launching
its AI-driven health app with smart BMI features in 2023 and Garmin partnering
with a healthcare provider to enhance its BMI tracking functionalities.
Scope
of Work – Global Smart BMI Calculator Market
Report
Metric |
Details |
Market Size (2023) |
USD 350 million |
Projected Market Size (2031) |
USD 870 million |
CAGR (2023-2031) |
12.2% |
Key Segments by System Type |
Software-based, Wearable |
Key Segments by End-Use |
Home Use, Healthcare Facilities |
Leading Region |
North America |
Key Players |
Fitbit Inc., Garmin Ltd., Withings, Omron
Healthcare Inc., Tanita Corporation, Qardio Inc. |
Market Drivers |
Rising health awareness, technological
advancements, focus on preventive healthcare |
Market Opportunities |
Growth in wearable technology, increasing
demand in emerging markets |
Key
Market Developments:
2023: Fitbit Inc. launched an AI-driven app
offering enhanced BMI tracking capabilities integrated with personalized health
recommendations.
2024: Garmin Ltd. announced a partnership
with a leading healthcare provider to advance its wearable devices with
improved BMI monitoring.
2025: Withings introduced a new smart scale
with advanced BMI and body composition tracking, catering to health-conscious
consumers.
FAQs:
What is the current market size of the
Global Smart BMI Calculator Market?
The Global Smart BMI Calculator Market was
valued at USD 350 million in 2023.
What is the major growth driver of the
Global Smart BMI Calculator Market?
The major growth driver is the rising
awareness of personal health management, particularly related to obesity and
preventive healthcare.
Which is the largest region during the
forecast period in the Global Smart BMI Calculator Market?
North America is expected to remain the
largest region during the forecast period, with Asia-Pacific experiencing the
highest growth.
Which segment accounted for the largest
market share in the Global Smart BMI Calculator Market?
The Software-based BMI Calculator segment
accounted for the largest market share in 2023.
Who are the key market players in the
Global Smart BMI Calculator Market?
Key market players include Fitbit Inc.,
Garmin Ltd., Withings, Qardio Inc., Omron Healthcare, Inc., and Tanita
Corporation.
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