Press Release

Apr, 15 2024

Rising Awareness about Health and Wellness is driving the Singapore, Indonesia, and Malaysia Body Composition Analyzers Market

The increasing awareness of health and wellness in Singapore, Indonesia, and Malaysia is driving the demand for body composition analyzers. Urbanization and economic development are changing lifestyles in these countries, leading to a greater recognition of the importance of maintaining a healthy body composition to prevent lifestyle-related diseases. Singapore, with its focus on preventive medicine, has seen a surge in interest in fitness and wellness activities, driving demand for these analyzers. Similarly, in Indonesia and Malaysia, where changing dietary patterns contribute to rising obesity rates, there is a growing need for tools to monitor body composition. The COVID-19 pandemic has further emphasized the importance of good health, prompting individuals to prioritize their well-being and leading to increased interest in health monitoring devices, including body composition analyzers.

The body composition analyzer market has witnessed significant evolution over the years, driven by advancements in technology, changing healthcare trends, and increasing health consciousness among consumers. Initially, body composition analyzers were primarily used in clinical settings for assessing body composition and monitoring patients' health. However, with the rise of fitness and wellness industries, demand for these analyzers expanded beyond clinical applications to include fitness centers, gyms, and homes. Technological innovations have led to the development of portable and user-friendly analyzers, further widening their applicability and market reach. Moreover, the growing prevalence of chronic diseases and obesity worldwide has heightened the importance of monitoring body composition for preventive healthcare, driving the continuous growth of the body composition analyzer market.

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Data Bridge Market Research analyses that Singapore, Indonesia, and Malaysia Body Composition Analyzers Market is expected to reach USD 56,898.09 thousand by 2031, from USD 32,566.00 thousand in 2023, growing with the substantial CAGR of 7.4% in the forecast period of 2024 to 2031.

Key Findings of the Study

Singapore, Indonesia, and Malaysia Body Composition Analyzers Market

Growth in the Fitness Industry

The fitness industry's growth in Singapore, Indonesia, and Malaysia is undeniably reshaping the demand landscape for body composition analyzers. As individuals become increasingly health-conscious and prioritize physical fitness, the need for accurate body composition assessment tools rises proportionally. This surge in fitness awareness is evident in the proliferation of gyms, wellness centers, and health-focused initiatives across these Southeast Asian countries. With a growing emphasis on achieving holistic health goals rather than mere weight management, consumers are seeking comprehensive solutions to monitor their progress, thus fueling the demand for advanced body composition analyzers.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Thousand

Segments Covered

Bio Impedance Analyzers (BIA) Type (Single Frequency BIA, Multi Frequency BIA, and Bio-Impedance Spectroscopy), Application (Total Skeletal Muscle Mass, Total Body & Visceral Fat Percentage, Total Body Hydration, Nutritional Analysis, and Others), Price Range (Standard Products and Premium Products), Model Type (Two Compartment Model, Three Compartment Model, Four Compartment Model, and Multi Compartment Model), Connectivity (Wired and Wireless), Configuration (Fixed and Portable), End User (Fitness Clubs & Wellness Centers, Hospitals, Academic & Research Centers, and Others), Distribution Channel (B2B and B2C)

Countries Covered

Singapore, Indonesia, and Malaysia

Market Players Covered

 OMRON Corporation (Japan), InBody Pvt. Ltd. (South Korea), Xiaomi (China), Anker Innovations Technology Co Ltd. (U.S), Huawei Technologies Co., Ltd. (China) TANITA (Japan), VISBODY INTELLIGENT TECHNOLOGY CO., LTD. (China), Withings (France), ONESOFTDIGM Co., Ltd. (South Korea)), OTO Wellness (China), seca (France) Bodystat Limited (U.K.), Rossmax International Ltd. (Taiwan), Beurer GMBH (Germany), Lenovo (Hong Kong), Shanghai May Skin Information Technology Co., Ltd. (China), and MEDISANA GMBH (Germany), among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework

Segment Analysis

The Singapore, Indonesia, and Malaysia body composition analyzers market is segmented into eight notable segments which are based Bio Impedance Analyzers (BIA) type, application, price range, model type, connectivity, configuration, end user, and distribution channel.

  • On the basis of Bio Impedance Analyzers (BIA) type, the Singapore, Indonesia, and Malaysia body composition analyzers market is segmented into single frequency BIA, multi frequency BIA, and bio-impedance spectroscopy

In 2024, the single frequency BIA segment is expected to dominate the Singapore, Indonesia, and Malaysia Body Composition Analyzers Market

In 2024, the single frequency BIA segment is expected to dominate the market with the market share of 44.40% in Indonesia, 45.96% in Singapore, and 42.27% in Malaysia due to its low-cost, non-evaluator-dependent measurement procedure.

  • On the basis of application, the Singapore, Indonesia, and Malaysia body composition analyzers market is segmented into total skeletal muscle mass, total body & visceral fat percentage, total body hydration, nutritional analysis, and others. In 2024, total skeletal muscle mass is expected to dominate the market with the market share of 37.28% in Indonesia, 35.71% in Singapore, and 37.37% in Malaysia
  • On the basis of price range, the Singapore, Indonesia, and Malaysia body composition analyzers market is segmented into standard products and premium products

In 2024, standard products segment is expected to dominate the Singapore, Indonesia, and Malaysia Body Composition Analyzers Market

In 2024, standard products segment is expected to dominate the market with the market share of 68.77% in Indonesia, 68.39% in Singapore, and 65.06% in Malaysia because these products offer essential features and functionalities required for basic body composition analysis, making them suitable for a wide range of users, including fitness enthusiasts, healthcare professionals, and research institutions.

  • On the basis of model type, the Singapore, Indonesia, and Malaysia body composition analyzers market is segmented into two compartment model, three compartment model, four compartment model, and multi compartment model. In 2024, two compartment model segment is expected to dominate the market with the market share of 41.48% in Indonesia, 40.17% in Singapore, and 45.31% in Malaysia
  • On the basis of connectivity, the Singapore, Indonesia, and Malaysia body composition analyzers market is segmented into wired and wireless. In 2024, wired segment is expected to dominate the market with the market share of 55.27% in Indonesia, 54.86% in Singapore, and 57.48% in Malaysia
  • On the basis of configuration, the Singapore, Indonesia, and Malaysia body composition analyzers market is segmented into fixed and portable. In 2024, fixed segment is expected to dominate the market with the market share of 56.71% in Indonesia, 56.31% in Singapore, and 58.95% in Malaysia
  • On the basis of end user, the Singapore, Indonesia, and Malaysia body composition analyzers market is segmented into fitness clubs & wellness centres, hospitals, academic & research centres, and others. In 2024, fitness clubs & wellness centres segment is expected to dominate the market with the market share of  55.36% in Indonesia, 55.53% in Singapore, and 57.25% in Malaysia
  • On the basis of distribution channel, the Singapore, Indonesia, and Malaysia body composition analyzers market is segmented into B2B and B2C. In 2024, B2B segment is expected to dominate the market with the market share of 81.91% in Indonesia, 82.80% in Singapore, and 83.63% in Malaysia

Major Players

Data Bridge Market Research analyzes OMRON Corporation (Japan), Xiaomi (China), Anker Innovations Technology Co Ltd. (U.S.), Huawei Technologies Co., Ltd. (China), and InBody Pvt. Ltd. (South Korea) as the major players operating in the Indonesia body composition analyzers market.

Data Bridge Market Research analyzes OMRON Corporation (Japan), Anker Innovations Technology Co Ltd. (U.S.), OTO Wellness (China), InBody Pvt. Ltd. (South Korea), and Xiaomi (China) as the major players operating in the Singapore body composition analyzers market.

Data Bridge Market Research analyzes OMRON Corporation (Japan), InBody Pvt. Ltd. (South Korea), Xiaomi (China), Anker Innovations Technology Co Ltd. (U.S.), and Huawei Technologies Co., Ltd. (China), as the major players operating in the Malaysia body composition analyzers market.

Singapore, Indonesia, and Malaysia Body Composition Analyzers Market

Market Development

  • In April 2023, Whithings announced the launch of new body composition analyser named as Body Smart. This product features an innovative Eyes Closed mode. This mode discreetly conceals the weight reading, instead displaying motivational messages along with the daily step count (if available). This unique feature encourages users to focus on progress and positive reinforcement rather than fixating solely on weight numbers
  • In February 2023, ONESOFTDIGM Co., Ltd. announced the launch of its new portable device that analyzes body composition named as Fitrus. By utilizing a finger-based measurement approach, Fitrus accurately analyzes resistance to provide in-depth insights into key metrics such as skeletal muscle mass, total body water, and basal metabolic rate. These precise measurements seamlessly integrate with OSD's dedicated healthcare application, offering users a holistic platform for tracking their biometric data
  • In May 2023, InBody Co. Ltd. announced the plan to introduce medical and corporate health management solutions based on the vast body composition data they have accumulated. This includes the development of a home body water analyzer and the integration of body composition analysis into patient care management. Such developments can enhance the product portfolio of the company
  • In March 2022, a new line of body composition monitors has been released, offering comprehensive measurements for weight-related metrics. These devices are managed through a mobile app, enabling users to track their health history and meet weight loss goals. This launch reflects a growing trend towards personalized health data and data-driven weight loss solutions, opening up opportunities for health monitoring and app development
  • In September 2022, Xiaomi launched Eight-electrode Body Composition Scale, priced at 399 yuan (USD 56), offers precise body composition analysis through dual-frequency bioimpedance technology, overcoming the limitations of traditional scales. With its multi-frequency current and segment-specific measurements, it provides comprehensive insights into body composition, setting a new standard for accuracy and connectivity in body scales

Geographical Analysis

The countries covered in the market are Singapore, Indonesia, and Malaysia.

As per Data Bridge Market Research analysis:

Indonesia is expected to be the dominant and fastest growing country in the Singapore, Indonesia, and Malaysia Body Composition Analyzers Market

Indonesia is dominating the Singapore, Indonesia, and Malaysia body composition analyzers market due to the country's growing healthcare infrastructure, coupled with increasing health awareness among its population, and has fueled the demand for advanced healthcare technologies, including body composition analyzers. Also, government initiatives aimed at improving healthcare services and promoting preventive healthcare measures have further contributed to the growth of the body composition analyzer market in Indonesia.

For more detailed information about Singapore, Indonesia, and Malaysia Body Composition Analyzers Market report, click here – https://www.databridgemarketresearch.com/ko/reports/singapore-indonesia-and-malaysia-body-composition-analyzers-market


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