Weight Monitoring Devices Market Scope
Obesity is one of the most pressing concerns among individuals in the twenty-first century, with enormous costs linked with its repercussions and diseases. The weight monitoring device is used to examine the patient's weight and is required in many other factors such as calculating BMI and administering medicine doses during specific diagnostic procedures. Individuals acknowledge weight monitoring devices for usage in fitness centres, homecare settings, clinics, and wellness centres. The ideal technique for keeping or maintaining a daily diary of weight at home is to use a weight monitoring gadget. In addition to weight monitoring, the gadget is employed in patients with hypertension, cardiac patients, and for various diagnostic tests in hospital settings. Load cells are the sensors found in weight-monitoring devices. To display the right weight, these load cells transform physical force into electric signals. It automates the process of displaying weight using the Internet of Things (IOT). The market is predicted to increase tremendously based on the usage pattern of weight monitoring devices in various health and wellness sectors.
The Weight Monitoring Devices market study is segmented by Type (Digital Weight Monitoring Device and Analog Weight Monitoring Device) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Weight Monitoring Devices market throughout the predicted period.
Atkins Nutritionals (United States), Ethicon, Inc. (United States), Cybex International Inc. (United States), Fitness World AS (Denmark), Johnson Health Technology Co. Ltd. (Taiwan), Life Time Inc. (United States), Xiaomi (China), Olympus Corporation (Japan), Koninklijke Philips (Netherlands) and Omron Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Technogym SpA (Italy) and Apollo Endosurgery (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Weight Monitoring Devices market by Type, Application and Region.
On the basis of geography, the market of Weight Monitoring Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 6th April, 2021 - Pylo Launched Cellular 300-LTE Weight Scale for Remote Patient Monitoring. The New Pylo 300-LTE Is a Professionally Validated Weight Scale for Patients Who Are Being Monitored Remotely (RPM). It Rapidly Records and Communicates Clinically Precise Weight Measurements to The Pylo Application Programming Interface.
Market Trend
- Emergence of Advance Automated Weight Monitoring Devices
Market Drivers
- Prevalence of Obesity Cases
- Rising Health and Fitness Awareness
Opportunities
- Increasing Healthcare Infrastructure Across Emerging Regions
Restraints
Challenges
- Fierce Competitive Pressure
- Presence of Counterfeit Products
Key Target Audience
Weight Monitoring Devices Manufactures, New Entrants and Investors, Weight Monitoring Devices Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others