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Body Fat Measurement Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

A10896
Pages: NA
Jun 2021 | 49 Views
 
Author(s) : Onkar Sumant
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COVID-19

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Body fat analyzers also called impedance meters are tools used for body fat assessment and recognizing the health concerns and potential risks associated with low or high levels of the body fat. Body fat analyzers also aid in evaluating efficacy of physical activity related to fitness such as exercise and nutritional intake. Measurement of body fat is often conducted fitness assessment test at fitness centers, gymnasium and health clubs in order to keep a track of fitness levels. Body fat analyzer device is applied to skin and a weak current is passed between the two electrodes located on the outer side. With passage of high frequency current with weaker strength, through the skin layer, muscles and subcutaneous body fat, there is resistance to the current leading to energy loss. This energy loss is then measured with the help of two electrodes located on the inner side. The body fat analyzers can be programmed to record and assess the loss of energy at various depts. The body fat percentage is variable with age and gender as a factor in the population.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Product, Analysis Techniques, End users and Region

  Regions covered

•             North America (U.S., Canada, Mexico)

•             Europe (France, Germany, UK, Italy, Spain, Rest of Europe)

•             Asia-Pacific (Japan, China, India, Australia, South Korea, Rest          of Asia-Pacific)

•             LAMEA (Brazil, South Arabia, South Africa, Rest of LAMEA)

  Companies covered

Tanita, GE Healthcare, Hologic, AccuFitness, Beurer, COSMED, Inbody, Omron, Jawon Medical and Diagnostic Medical Systems.

 

COVID – 19 scenario analysis: 

  • The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses
  • Industry closures and people are asked to stay in their homes which has cause taken a huge toll in terms of money and economic growth
  • Over 4 million people have been affected globally, with 300 thousand losing their lives due to SARS-CoV-2
  • Healthcare organizations are already working in battle mode, preparing new plans to respond growing COVID-19 patients, right from sourcing rapid diagnosing kits to sufficient PPE kits for workers
  • Due to diversion of medical field toward treating COVID-19, the funding to R&D activities related to body fat and nutrition has been reduced and this segment have to face negligence subsequently causing negative impact on body fat analyzer market

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The rising prevalence of obese population and metabolic disorders all over the world is a key driver stoking the growth of body fat measurement market. Unhealthy eating habits, high consumption of fast food, sedentary lifestyle, desk-bound jobs and physical inactivity are further leading to health conditions such as overweight, obesity and related disorders. Growing patient pool of obese people around the world will amplify the market growth for body fat measurement over the coming years. World Health Organization’s Global Health Observatory (GHO) stated around 12.8% of adults in 2014 were obese, with 27.7% of this obese population situated in North America and Europe. World Health Organization (WHO) stated over 1.9 billion adults across the globe, were identified as overweight and is a leading cause for various health ailments and linked to more fatalities in comparison with the underweight population.

Furthermore, growing awareness related to fitness, rising desire among people to achieve optimum fitness goals and insurgence of body weight management measures would provide immense growth opportunities to body fat measurement market in the near future. Initiatives by several governments and programs arranged by NGOs in several countries to raise awareness among the people and promote healthy lifestyle and fitness regime through weight management services. For instance, in the UK, various organizations are given approval for offering weight management services. Such measures and services will surge the demand for body fat analyzers in emerging as well as well developed economies.

However, high capital investment owing to acquisition of body fat analyzers can potentially restrict the growth for body fat measurement market. As the cost of these body fat measurement devices depends on their features, applications and functionalities, advanced devices are priced at premium cost. As a result, it is a challenge for organizations like academic research institutes who have limited budgets to invest in such an equipment.

Sedentary lifestyle and obesity expected to fuel growth

The sedentary lifestyle is further expected to surge the market growth. According to the World Health Organization (WHO), sedentary lifestyles proves to be fatal for around 5.3 million people every year globally, with minimum 300,000 premature deaths and $90 billion are spent in directly as healthcare costs to reduce problems caused by obesity and sedentary lifestyle yearly in the U.S. The U.S. health organization CDC data highlights almost 35% of American children consume junk food regularly leading to diabetes, obesity, cardiovascular diseases and other health concerns. The U.S. Department of Health and Human Service, stated only one in three children are physically active every day in the U.S. Thus, the rising sedentary lifestyle would cause cardiac problems creating opportunities for clinical nutrition market growth.

World Health Organization (WHO) in their report, mentioned the rate of obesity has tripled since 1975 worldwide. In 2016, over 1.9 billion adults belonging to age group 18 years or above were overweight and out of them, over one third of people were obese. These factors increase the risk of various health concerns due to obesity and this would create growth pockets for the body fat measurement market.

North America to have the highest market share

North America is expected to have significant growth in the market and holds highest market share in the regional segments. The dominance is due to factors like rise in the global prevalence of obese population, rising demand for weight management services, and increasing health-related concerns due to growth in obese populace in the region is propelling the market in the U.S. The Robert Wood Johnson Foundation stated that almost 18.5% children were identified to be obese during 2015-16. Drastic rise in healthcare expenditure and presence of major industry in the healthcare settings are the other factors fueling the market growth in the near future.

Key segments:

Segments

Sub-segments

  Product

  • Bioimpedance analyzers
  • Body Fat Skinfold Calipers
  • Air Displacement Plethysmography
  • Dual Energy X-Ray Absorptiometry

  Analysis Technique

  • Hydrostatic Weighing
  • Near-infrared Interactance
  • Magnetic Resonance Imaging
  • Computerized Tomography

  End user

  • Hospitals
  • Clinics
  • Fitness Centers, Gymnasiums
  • Homecare Centers

  Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

 

Key benefits of the report:

  • This study presents the analytical depiction of the global body fat measurement market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global body fat measurement market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global body fat measurement market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global body fat measurement market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Body fat measurement Market research report:

  • Which are the leading market players active in the body fat measurement market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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