Body Fat Measurement Market Is Projected To Grow Promptly Due To The Growing Prevalence Of Obesity Till 2020: Grand View Research, Inc.
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.
Browse full research report on Body Fat Measurement
Market: http://www.grandviewresearch.com/industry-analysis/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.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/medical-devices
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
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, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries,
from technology to chemicals, materials and healthcare.
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