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
·
U.S.
·
Europe
·
Germany
·
UK
·
Asia Pacific
·
Japan
·
China
·
RoW
·
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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