By 2032, the global market is expected to reach US$935.8 million.
SNS Insider Pvt Ltd said the Asia-Pacific region is expected to be the fastest growing region in the global body composition analyzer market, with a compound annual growth rate (CAGR) of 7.27% until 2032.
The expansion of the industry is attributed to lifestyle barriers in countries such as China, Japan and India, the growth of the middle class population and the rise of health awareness.
Meanwhile, global markets are expected to grow at a CAGR of 6.42% by 2032 at a CAGR of US$935.8 million.
Its growth is driven by an increasing emphasis on health monitoring, fitness and chronic disease management.
“The growing trend to monitor health at home has begun, especially in developed countries such as the United States, which is increasing the need for user-friendly and portable body composition tools,” the report said.
It added: “This, along with the government’s health awareness program and the growth of e-commerce platforms, will keep the market strong growth rates in the coming years.”
