Analysis of Body Fat Measurement Market applications and companies active in the industry - AccuFitness, Beurer, COSMED, GE Healthcare, Hologic, Inbody, Omron, Tanita, Jawon Medical, Diagnostic Medical Systems
Rising incidences of metabolism related disorders coupled with increasing obese population will act as primary driver for body fat measurement market growth. Sedentary lifestyle along with increasing adoption of unhealthy dietary habits including alcohol consumption and tobacco smoking has escalated obese population. According to WHO, in the year 2016, nearly 1.9 billion adults (above 18 years) globally were overweight, of which 650 million were obese.
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Growing awareness about weight management and technological advancements in BFM devices will accelerate industry expansion over the coming years. Increasing number of health-conscious people and rising adoption of body fat measuring devices such as hydrostatic weighing system in several centers and universities will positively impact industry growth.
Technological advancements in body fat measurement devices include miniaturizing techniques and high accuracy in body fat determination. Growing adoption of BFM devices in fitness centers, clinics and hospitals will stimulate business growth during the forecast timeframe. However, high cost these devices will hamper body fat measurement market growth to certain extent over the forecast timeframe.
Body fat skinfold calipers product segment accounted for nearly 25% of market share in 2017 and is anticipated to grow considerably during the forecast period owing to high adoption of body fat skinfold calipers in price sensitive markets due to affordability and growing awareness regarding weight management.
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Dual energy x-ray absorptiometry (DEXA) segment is estimated to grow by 8.6% during the forecast period owing to multifactorial benefits delivered by this system including determination of bone mineral density (BMD), fat tissue mass and lean tissue mass of the body. Moreover, DEXA system is safe, reliable and offers less burden to patients should positively impact segmental growth.
Clinics end-use segment is anticipated to reach 202.6 million market by 2024 owing to increasing number of people suffering from obesity-associated diseases and improving access of population to clinics. Rising number of clinics replacing BMI technique with more accurate fat measuring equipment will positively impact body fat measurement industry.
U.S. body fat measurement market accounted for almost 36% of global market in the year 2017. Increasing obese population, rising disposable income and health conscious people in the country will drive U.S. body fat measurement market. Technological advancements in body fat measuring systems delivering precise results should further stimulate demand over the coming years.
Increasing number of people suffering from chronic conditions such as cardiovascular diseases and obesity will act as high impact rendering factor for Indian body fat measurement market over the forecast timeframe to reach 45.8 million by 2024. Rising awareness about weight management and availability of inexpensive body fat measuring devices such as body fat skinfold calipers should positively impact business growth.
Few prominent players operating in global body fat measurement market are Tanita Corporation, Omron Healthcare, COSMED, GE Healthcare, Hologic, AccuFitness among others. Market players are focusing on expansion strategies and new product development to consolidate and sustain their position in the market.
Table of Contents
Chapter 1. Methodology
o 1.1. Methodology
o 1.2. Market definitions
o 1.3. Forecast parameters
o 1.4. Data sources
o 1.4.1. Secondary
? 188.8.131.52. Paid sources
? 184.108.40.206. Unpaid sources
o 1.4.2. Primary
Chapter 2. Executive Summary
o 2.1. Body fat measurement industry 360 degree synopsis, 2013 - 2024 (USD Million)
o 2.1.1. Business trends
o 2.1.2. Procedure trends
o 2.1.3. End-use trends
o 2.1.4. Regional trends
Chapter 3. Body Fat Measurement Industry Insights
o 3.1. Industry segmentation
o 3.2. Industry landscape, 2013 - 2024
o 3.3. Industry impact forces
o 3.3.1. Growth drivers
? 220.127.116.11. Rising prevalence of obesity and metabolism related disorders
? 18.104.22.168. Growing accuracy of BIA devices
? 22.214.171.124. Increasing awareness regarding body weight management
o 3.3.2. Industry pitfalls and challenges
? 126.96.36.199. High cost of devices
o 3.4. Growth potential analysis
o 3.4.1. By product
o 3.4.2. By end-use
o 3.5. Porter's analysis
o 3.6. Competitive landscape,2017
o 3.6.1. Strategy dashboard
o 3.7. PESTEL analysis
Chapter 4. Body Fat Measurement Market, By Product
o 4.1. Key segment trends
o 4.2. Bioimpedance analyzers
o 4.2.1. Market size, by region, 2013-2024 (USD Million)
o 4.3. Body fat skinfold calipers
o 4.3.1. Market size, by region, 2013-2024 (USD Million)
o 4.4. Hydrostatic weighing
o 4.4.1. Market size, by region, 2013-2024 (USD Million)
o 4.5. Air-displacement plethysmography
o 4.5.1. Market size, by region, 2013-2024 (USD Million)
o 4.6. Dual-energy X-ray absorptiometry (DEXA)
o 4.6.1. Market size, by region, 2013-2024 (USD Million)
o 4.7. Others
o 4.7.1. Market size, by region, 2013-2024 (USD Million)
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