Global Body Fat Measurement Market is predicted to reach USD 1370.7 million by 2
Posted by omkar on October 19th, 2019
Body Fat Measurement Market to expand at a healthy 7.7% CAGR from 2020 to 2030
The Global Body Fat Measurement Market size is estimated to be USD 606.1 million in 2019 and is predicted to reach USD 1370.7 million by 2030 with a CAGR of 7.7% from 2020-2030. Body fat measurement is a process of calculating the percentage of total fat present in the body. Body fat is of two types namely; essential body fat and storage body fat. To maintain life and reproductive functions essential body fat is necessary. Storage body fat consists of fat accumulated in the adipose tissue, part of which protects internal organs in the chest and abdomen.
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The body fat percentage is calculated to measure the fitness level. Several methods are currently available for determining body fat percentage, such as measurement with callipers or through the use of bioelectrical impedance meters. Callipers are traditional way of body fat measurement however, recent advances have made finding exact body fat percentage and body composition results much easier. The improved ability to accurately measure body composition and body fat continues to play a crucial role in the study of metabolic diseases, particularly type 2 diabetes mellitus, cardiovascular diseases (CVD) and non-alcoholic fatty liver disease.
Market Dynamics and Trends:
Increasing prevalence of obesity and its impact on all the related medical conditions such as CVD and diabetes is the major factor that drives the market for body fat measurement tools and techniques. According to WHO, obesity has tripled worldwide since 1975. In 2016, more than 1.9 billion adults, were overweight, out of these over 650 million were obese. Unhealthy lifestyles including sedentary routine and excessive fast food consumption are leading to conditions such as overweight and obesity. Such large number of people suffering with issues related to body weight increases the adoption of body fat measurement tools. However, accuracy of these tools is one of the factors that is expected to hinder the growth of this Body Fat Measurement market.
With increasing importance of healthy lifestyle, various weight loss techniques are being adopted. Companies are developing new and innovative devices to measure body composition and body fat percentage and help analyze possible health risks. In October 2015, Garmin launched a new smart scale which in addition to weight also measures BMI, body fat percentage, water percentage, muscle mass and even bone mass. In addition to this, players also adopt geographic expansion as a growth strategy. This enables the players to enhance their market share and strengthen their position in this competitive market.
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The global Body Fat Measurement market share is analyzed on the basis of product, end user and geography. The product segment covers the market for bio impedance analyzers (BIA), body fat skinfold calipers, hydrostatic weighing (HwD), air displacement plethysmography (ADP), dual emission X-ray absorptiometry (DEXA) and others. On the basis of end user the Body Fat Measurement market is divided into hospitals and clinics, diagnostic centers, health clubs, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and Rest of the World.
Comprehensive competitive analysis and profiles of major market players such as AccuFitness LLC, COSMED Srl, Diagnostic Medical Systems Group, GE Healthcare, Hologic, Inc., Beurer GmbH, Inbody Co. Ltd., Omron Healthcare, Garmin and Tanita Corporation is also provided in this Body Fat Measurement market report.
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Joined: April 19th, 2019
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