Press release
What's driving Body Fat Measurement Market ; Eminent Players - AccuFitness, Beurer, COSMED, GE Healthcare, Hologic, Inbody, Omron, Tanita, Jawon Medical, Diagnostic Medical Systems
Body Fat Measurement Market
Increasing awareness regarding weight management and rising population of health-conscious people will drive business growth. Rising focus on calorie intake and body weight management will encourage adoption of such devices. However, high cost of these devices will restrain industry growth to certain extent over the coming years especially in price sensitive markets.
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Growing adoption of unhealthy lifestyle coupled with physical inactivity will act as primary driver for body fat measurement market growth. Consumption of fast food and other unhealthy dietary habits including alcohol consumption and tobacco smoking escalates obese population thereby stimulating industry growth.
Bioimpedance analyzers product segment accounted for largest market share of 36.1% in 2017 and is anticipated to witness significant growth during the forecast period. High adoption of bioimpedance analyzers in healthcare settings such as clinics and hospitals will drive segment growth. Technological advancements in these devices including miniaturization techniques and delivery of precise body fat readings should further drive segmental growth over the coming years.
Hospitals end-use segment will witness 7.1% CAGR growth during the forecast period. Rising prevalence of chronic disorders such as diabetes and obesity coupled with availability of technologically advanced body fat measuring devices in hospitals will drive segmental growth. Growing adoption of body fat measuring systems such as bioimpedance analyzers in hospitals should positively impact business growth over the forecast timeframe.
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U.S. body fat measurement market is estimated to reach 274 million by 2024 owing to increasing number of people suffering from severe obesity along with rising adoption of sedentary lifestyle. High technological adoption and rising per capita healthcare expenditure will stimulate industry growth during the forecast timeframe.
Growing prevalence of metabolic disorders and obesity will stimulate Chinese body fat measurement market to grow by 8.7% over the coming years. Presence of prominent industry players coupled with rising health consciousness among Chinese population will positively impact industry growth.
Some notable players operating in body fat measurement market are Omron, GE Healthcare, Hologic, AccuFitness among others. Companies are focused on developing superior body fat measuring devices that are cost effective and deliver precise readings. Industry players are undertaking various strategies such as partnership and strategic collaboration with other participants in value chain to gain competitive edge as well as expand consumer base of the company.
Report Content
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Body fat measurement industry 3600 synopsis, 2013 – 2024 (USD Million)
2.1.1. Business trends
2.1.2. Procedure trends
2.1.3. End-use trends
2.1.4. Regional trends
Chapter 3. Body Fat Measurement Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Rising prevalence of obesity and metabolism related disorders
3.3.1.2. Growing accuracy of BIA devices
3.3.1.3. Increasing awareness regarding body weight management
3.3.2. Industry pitfalls and challenges
3.3.2.1. High cost of devices
3.4. Growth potential analysis
3.4.1. By product
3.4.2. By end-use
3.5. Porter’s analysis
3.6. Competitive landscape,2017
3.6.1. Strategy dashboard
3.7. PESTEL analysis
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)
Charts & Figures
FIG 1. Industry segmentation
FIG 2. Global body fat measurement market, 2013 – 2024
FIG 3. Growth potential analysis, by product
FIG 4. Growth potential analysis, by end-use
FIG 5. Porter’s analysis
FIG 6. Strategy dashboard
FIG 7. PESTEL analysis
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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