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Body Fat Measurement Market 2020 By Regional Trend & Growth Forecast To 2024

Author : Ronak Bora | Published Date : 2020-09-18 

Body Fat Measurement Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

The globally rising rate of the obese population coupled with smart weight management technologies have significantly favored body fat measurement market trends. In the recent years, fast-food consumption along with other unhealthy dietary habits have witnessed an extraordinary surge, which in turn have increased disorders pertaining to obesity and diabetes. A substantiation throwing light on the same is of the World Health Organization, which claims the worldwide obesity to have multiplied by three folds since 1975.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/772

The report further states that recently in 2016, more than 1.9 billion adults across the globe were recorded to be overweight, of which over 650 million were obese. The data goes on to validate that the increasing percentage of overweight population over the past years, is one of the most important factors fueling the growth of the global body fat measurement market. As per a report by GMI, the overall body fat measurement market is projected to surpass USD 790 million by 2024.

Based on products, body fat skinfold calipers accumulated nearly 25% of body fat measurement market share in 2017 and are pegged to grow in demand through 2024 due to better awareness and major adoption in price-sensitive markets, owing to their affordability and easy availability.

Dual energy x-ray absorptiometry (DEXA) segment in the BFM industry is likely to achieve more than 8.6% CAGR in the coming years. These systems are safe, reliable to use, and place less burden on patients. Additionally, multifactorial advantages such as determination of bone mineral densities (BMD), fat, and lean tissue masses of the body, associated with DEXA can be accounted for the device adoption.

Owing to a surge in the number of people affected by obesity-associated diseases and inclining access of people to clinical facilities, the annual revenues from clinics is expected to surpass over $202.6 million up to 2024. Replacement of BMI technique with more accurate fat measuring equipment in multiple amenities will positively drive body fat measurement industry trends through this segment.

Additionally, a burgeoning number of people suffering from cardiovascular diseases will render a contribution of up to USD 45.8 million to India body fat measurement market by 2024.

The U.S. body fat measurement industry recorded more than 36% of global annual revenues in the year 2018. An increase in technological progressions for quicker and accurate results along with bolstering obese population with their growing disposable income will stimulate the adoption of the components in this region.

For instance, Olive Healthcare, a global bio-health firm, launched Bello, a digital fat belly measuring device across Indiegogo in the United States in 2020 as a result of its rising consumption in the region. The device is the first-ever portable scanner and deploys infrared technology to provide precise measurement of abdominal fat in 3 seconds.

Higher body fat measurement equipment costs and stalled production due to the ongoing COVID-19 widespread will negatively influence the industry growth. Leading device manufacturers are focused on expansion strategies and new product launches to sustain the market competition. Some of the companies include AccuFitness, Tanita Corporation, GE Healthcare, COSMED, Omron Healthcare, and Hologic, among several others. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/body-fat-measurement-market

Partial Chapter of the Table of Content 

Chapter 4.  Body Fat Measurement Market, By Product

4.1. Key segment trends

4.2. Bioimpedance analyzers

4.2.1.  Market size, by region, 2013-2024 (USD Million)

4.3. Body fat skinfold calipers

4.3.1.  Market size, by region, 2013-2024 (USD Million)

4.4. Hydrostatic weighing

4.4.1.  Market size, by region, 2013-2024 (USD Million)

4.5. Air-displacement plethysmography

4.5.1.  Market size, by region, 2013-2024 (USD Million)

4.6. Dual-energy X-ray absorptiometry (DEXA)

4.6.1.  Market size, by region, 2013-2024 (USD Million)

4.7. Others

4.7.1.  Market size, by region, 2013-2024 (USD Million)

Chapter 5.  Body Fat Measurement Market, By End-use

5.1. Key segment trends

5.2. Hospitals

5.2.1. Market size, by region, 2013-2024 (USD Million)

5.3. Clinics

5.3.1. Market size, by region, 2013-2024 (USD Million)

5.4. Fitness centres

5.4.1. Market size, by region, 2013-2024 (USD Million)

5.5. Others

5.5.1. Market size, by region, 2013-2024 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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