For example, in 2017, about 13% of the world’s grownup inhabitants was overweight and round 39% was chubby. The rising consciousness concerning well being, health, and wellness, particularly within the youthful inhabitants with greater disposable incomes, will drive the market.
Moreover, the Covid-19 pandemic has led to a rise in consciousness concerning health & well being leading to an increase within the adoption of health trackers. As well as, the market gamers launched some Covid-19-specific monitoring indications to seize the rising market demand and the altering shopper requirement.
For example, Fitbit Inc. launched Sense with a SpO2 ranges monitor, ECG monitor, and stress administration options to fulfill the rising demand. Extensive distribution networks and retail tie-ups of the market gamers allow the provision of the most recent merchandise worldwide. As well as, the rising e-commerce sector and adoption of on-line channels additional propel the expansion of the market.
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