Press release
Global Body Fat Measurement Market is expected to grow at a CAGR of 12.37% during the forecast period from 2019-2025
Global Body Fat Measurement Market 2019, Global Body Fat Measurement Market Growth and Revenue, Body Fat Measurement
Global Body Fat Measurement Marketby Product (Bio Impedance Analyzers, Body Fat Skinfold Calipers, Hydrostatic Weighing, Air Displacement Plethysmography, Dual Emission X-ray Absorptiometry, Others), End User, and Region" and Global Forecast 2018-2025.
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Prominent playersoperating in the market areTanita Corp, Omron HCB; AccuFitness,Beurer GmbH, GE Healthcare, COSMED S.r.l., Inbody Co. Ltd.,HologicInc, Diagnostic Medical Systems Groupand others.Major firms are incorporating various strategies to increase their market reach.
The product segment is divided into bioimpedanceanalyzers, body fat skinfold calipers, hydrostatic weighing, dual emission X-ray absorptiometry and others.The BIA segment accounted for the leading share and is expected to witness highest CAGR of 14.37% in the forecast period. Rapid developments in BIA machines, easy usage and cost effectiveness are driving the growth of the market. The end user segment is classified into hospitals and healthcare settings. Hospitals segment is dominating and held the largest market share of 43.27% in 2017. Rising prevalence of obesity along with availability of technologically advanced body fat measuring devices in hospitals are contributing to the growth of the market.
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Growing prevalence of metabolic disorders and obesity and unhealthy lifestyles and excessive fast food consumption are driving the growth of the market in assessment period. High cost of these instruments may retrain the growth of the market. However, increasing adoption of these devices in developed economies is expected to boost the growth of the market in the forecast period.
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