iCrowd Newswire – Jun 2, 2020
The body fat measurement market is expected to reach US$ 1,078.99 in 2027 from US$ 584.50 Mn in 2019. The market is estimated to grow with a CAGR of 8.1% from 2020-2027.
Body Fat analyzer or impedance meters are tool used for the assessment of accurate body fat and identify the risks associated with health owing to high or low amounts of body fat. These devices also help in assessing the effectiveness of exercise and nutrition intake and is considered as the most common fitness test at gym and health clubs. The global body fat measurement market is driven by factors such as rapid growth in the obese population and metabolic disorders, and increasing government initiatives to encourage adoption of healthy lifestyle. However, high equipment cost is likely to obstruct the growth of the body fat measurement market during the forecast period.
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Leading companies operating in the body fat measurement market are Beurer GmbH, Omron Healthcare, Tanita, Inbody Co. Ltd., General Electric Company, DMS Imaging, Hologic Inc, Cosmed srl, Exertech, Accufitness, LLC, among others.
The global body fat measurement market, based on the product, is segmented into bioimpedance analyzers, body fat skinfold calipers, air displacement plethysmography, and dual energy X-Ray absorptiometry. In 2019, the bioimpedance analyzers segment accounted for the largest market share in the global body fat measurement market. There is a broad spectrum of the utilization of bioimpedance in healthcare facilities such as disease prognosis and monitoring of vital body status. Bioelectric impedance body fat monitors are widely available for home use and at health clubs and use a low voltage electric current. Therefore, with such an extensive application, it will increase its demand in the forecast period. These factors are projected to drive the growth of the segment during the forecast period. The end user segment is segmented into hospitals, clinics, and fitness centers.
The body fat measurement Market for is expected to grow, owing to factors such as rapid growth in the obese population and metabolic disorders, and increasing government initiatives to encourage adoption of healthy lifestyle. Moreover, growth in the number of fitness clubs, weight loss clinics, and sports rehabilitation center’s is likely to have a positive impact on the growth of the market in coming years.
Obesity is a metabolic dysfunction and is associated to a wide range of chronic illnesses, which cause a substantial rise in mortality and comorbidity. The percentage of the obese population which is involved in regular testing of body composition is increasing rapidly. The sales of body composition analyzers have observed an increasing pattern because of the obese population’s susceptibility to lifestyle disorders. According to the OECD Obesity Update 2017, obesity levels are mainly high in North America. Obesity prevalence is expected to be high in countries like the United States, Mexico, and England, where 47%, 39%, and 35% of the population are projected to be obese in 2030. The level of obesity in France is estimated to nearly match that of Spain, at 21% in 2030. As per the World Health Organization’s (WHO) 2016 report, around 13% of the world’s population could be characterized as obese. Moreover, predictions state that these numbers are likely to increase exponentially in the forecast period.
Currently, more than one in two adults, and nearly one in six children are obese. Overweight and obesity is an abnormal or excessive fat accumulation in the body leading to impaired health. According to the World Health Organization (WHO), in 2016, more than 1.9 billion adults aged 18 years and older were overweight, and out of these, over 650 million adults were obese. Moreover, in 2016, 93.3 million (39.8 percent) American adults and 13.7 million (18.5 percent) American children and teens are clinically obese.
The report segments global body fat measurement market as follows:
Global Body Fat Measurement Market – By Product
- Bioimpedance Analyzers
- Body Fat Skinfold Calipers
- Air Displacement Plethysmography
- Dual Energy X-Ray Absorptiometry
Global Body Fat Measurement Market – By End User
- Fitness Centers
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Keywords: Body Fat Measurement Market, Body Fat Measurement