The Global Body Fat Measurement Market is expected to reach USD 640.3
million by 2020, growing at an estimated CAGR of 8.4% from 2014 to 2020,
according to a new study by Grand View Research, Inc. The growing prevalence of
obesity and other metabolism related disorders is expected to fuel demand for
body weight management and body fat measurement market. The availability of a
number of body fat measurement techniques & products in the market,
technological developments enhancing cost effectiveness and expected
implementation of market expansion plans set in place by major market players
are the key factors expected to drive the growth of this market throughout the
forecast period.
In depth research report
on Body Fat Measurement Market
Further key findings from
the study suggest:
·
Bioimpedance analyzers dominated the market in terms of revenue in 2013
due to the fact that they optimally combine the two major parameters for body fat
measurement which are accuracy and price.
·
Owing to the increasing occurrence of body weight and metabolism
associated disorders and escalating negative lifestyle habits promoting
overweight and obese body conditions, it is expected that the demand for BIA
devices and body fat skinfold calipers will grow at a steady rate through to
2020.
·
The newer technological advancement in the BIA segment making segmental
body fat analysis more accurate and cost effective is also expected to boost
the demand for BIA devices over the next six years. An already present high
market penetration level is expected to support the growth of this segment over
the longer duration
·
North America accounted for the largest revenue share in the market for
2013 and accounted for over one third of the revenue generated in the global
body fat measurement market. This large share can be accounted for by the
presence of sizeable base of population dealing with obesity and other
metabolism related disorders and technologically advanced healthcare
infrastructure present in the region.
·
Asia Pacific is the center of operations for a couple of major market
players of this market specializing in BIA devices. It is expected that the
Asia Pacific region will witness a lucrative growth throughout the forecast
period. The presence of an increasingly medically aware population in the
emerging economies of India and China is also expected to drive regional market
growth over the forecast period.
·
Some key participants in the body fat measurement market include Beurer
GmbH, Jawon Medical Co. Ltd., Omron Global Healthcare Business, Tanita
Corporation, Inbody Co. Ltd., GE Healthcare, L’Accessorio Nucleare S.r.l., The
Diagnostic Medical Systems (DMS) Group, Hologic Inc., COSMED S.r.l., Exertech
and AccuFitness LLC.
For the purpose of this study, Grand View Research has segmented the body
fat measurement market on the basis of product and region:
Global Body Fat
Measurement Market, by Product
·
Bioimpedance Analyzers (BIA)
·
Body Fat Skinfold Calipers
·
Air Displacement Plethysmography (ADP)
·
Hydrostatic Weighing (HwD)
·
Dual Emission X-Ray Absorptiometry (DEXA)
·
Others
Body Fat Measurement
Market, by Region
·
North America
o
U.S.
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
Japan
o
China
·
RoW
o
Brazil
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About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
For more market analysis reports, please visit: http://www.grandviewresearch.com/
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