Body Fat Measurement Market is expected to reach US$ 1,078.99 Mn by 2027


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Uploaded on Jul 23, 2021

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.

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Body Fat Measurement Market is expected to reach US$ 1,078.99 Mn by 2027

Body Fat Measurement Market 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. Current and future Market Scenario  According to The Insight Partners market research study of ‘Body fat measurement Market to 2027 – Global Analysis and Forecasts by Product, and End User.’ The global 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. The report provides trends prevailing in the global body fat measurement market and the factors driving market along with those that act as hindrances.  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. Current and future Market Scenario  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.  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. Key Findings Market Insights Rapid Growth in the Obese Population and Metabolic Disorders  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. Key Findings Sample Product Insights  The body fat measurement market, by product, is segmented into bioimpedance analyzers, body fat skinfold calipers, air displacement plethysmography, dual energy X-ray absorptiometry. The bioimpedance analyzers segment held the largest share of the market in 2019 and the same segment is anticipated to register the highest CAGR in the market during the forecast period. Owing to its extensive application, the demand for bioimpedance analyzers is likely to increase during the forecast period End-user Insights  On the basis of end-user, the body fat measurement market has been segmented into hospitals, clinics and fitness centers. The hospitals segment held the largest share of the market in 2019, however, fitness clubs segment is estimated to register the highest CAGR in the market during the forecast period. Key Findings Strategic Insights  Product launches and FDA approvals strategy is commonly adopted by companies to expand their footprint worldwide and meet the growing demand. This strategy is most commonly adopted by the market players in order to expand its product portfolio.  The market players operating in the body fat measurement market adopt the strategy of collaborations to enlarge customer base across the world, which also permits the players to maintain their brand name globally.  Download PDF Brochure @ https://www.theinsightpartners.com/sample/TIPRE00005385/ Key Findings Market Segments By Product Type By Geography By End User • Bioimpedance analyzers • North America • Body Fat Skinfold Calipers • Hospitals • Europe • Air Displacement • Clinics • Asia Pacific Plethysmography • Fitness Centers • • Middle East & AfricaDual Energy X-Ray Absorptiometry • South America By Geography North America Asia Pacific South America • US • China • Brazil • Canada • India • Argentina • Mexico • South Korea • Rest of South America • Japan Europe • Australia • Rest of Asia Pacific • France • Germany Middle East & Africa • Italy • UK • South Africa • Spain • Saudi Arabia • Rest of Europe • UAE • Rest of Middle East and Africa Leading Players Company Profiles • Beurer GmbH • Omron Healthcare • Tanita • Inbody Co. Ltd. • General Electric Company • DMS Imaging • Hologic Inc • Cosmed srl • Exertech • Accufitness LLC REASONS TO BUY • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the body fat measurement market. • Highlights key business priorities in order to assist companies to realign their business strategies. • The key findings and recommendations highlight crucial progressive industry trends in the global body fat measurement market, thereby allowing players across the value chain to develop effective long-term strategies. • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets. • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it. • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution. Body Fat Measurement Market Access Full Research Report at: https://www.theinsightpartners.com/reports/body-fat-measurement-market Thank You! Thank You!