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2022
Indirect Calorimeter Market

Indirect Calorimeter Market

by Type (Standalone, Portable), by Application (Medical, Sports and Fitness), by End User (Hospitals, Diagnostic Centers, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

Report Code: A10996
Pages: 315
Oct 2022 | 895 Views
Author(s) : Swapna S , Onkar S
Tables: 159
Charts: 61
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Indirect Calorimeter Market Research, 2031

The global indirect calorimeter market size was valued at $641.7 million in 2021, and is projected to reach $1,016.33 million by 2031, growing at a CAGR of 4.7% from 2022 to 2031. Indirect calorimeter are the devices that are designed to measure the metabolic rate in humans. It includes the measurement of the respiratory gases, such as carbon dioxide and oxygen, for determining various outcome parameters. The measurement of the above mentioned parameters helps the nutritionist and the doctor to carry out the further related treatment and plan for the best regime for the patients. As there is an increased demand for these devices, the key establishments are involving themselves in developing them.

COVID-19 pandemic is having a positive impact on the market, due to increasing demand of indirect calorimeters, owing to their convenience factor. Furthermore, due to the threat caused by the pandemic, there has been considerable increase in the demand for these products, especially for use in critical care units at hospitals, worldwide and also the research institutes have also shown interest in developing the product, owing to advancement in technologies related to indirect calorimeters.

Indirect Calorimeter Market

According to the World health organization, WHO, in The World Obesity Atlas 2022, published by the World Obesity Federation, predicts that one billion people globally, including 1 in 5 women and 1 in 7 men, will be living with obesity by 2030. Due to the rise in the obesity rate around the globe, thereby, highlights the need for the metabolic rate monitoring in the human. Thus increasing obesity and rising obese population will cause the demand for the indirect calorimeters during the forecast period, thus causing the prevalence of factors that cause the growth of the indirect calorimeter market size.

Furthermore, these modern indirect calorimeters use calculations related to the gas exchange, oxygen breathed, and carbon dioxide exhaled to determine the amount of heat produced and energy expended in the human body. Thus, these technological advancements in the indirect calorimeter will lead to the expansion of the indirect calorimeter market share during the forecast period. Additionally, the large number of applications of indirect calorimeter including the nutritional assessments of metabolic status, evaluation of the oxygen cost of breathing during mechanical ventilator support, and measurement of oxygen transport and effectiveness of therapeutic interventions, further propels the indirect calorimeter market growth.

The WHO is expected to play key role in improving and upgrading health security policies for its member countries, which are anticipated to stimulate physical workout, nutrition program and self-assessment programs for prevention and control of various diseases. Such initiatives taken by the government and wellness programs such as weight loss support, smoking cessation resource, employee assistance programs, etc. offered by the companies will further increase the demand for the measuring devices like indirect calorimeter, causing the market growth.

Impact of COVID-19 on Indirect Calorimeter Market

Every business has been impacted by the unmatched worldwide public health crisis known as COVID-19, and the long-term impacts are expected to have an influence on industry growth during the forecast period. Several changes in consumer demand and behavior, buying habits, supply chain redirection, and significant government initiatives have been seen around the globe. On the other hand, the COVID-19 pandemic is having a positive impact on the market, due to increasing demand of indirect calorimeters, owing to their convenience factor. Furthermore, due to the threat caused by the pandemic, there has been considerable increase in the demand for these products, especially for use in critical care units at hospitals, worldwide and also the research institutes have also shown interest in developing the product, owing to advancement in technologies related to indirect calorimeters.

The indirect calorimeter market is segmented into Application, Type and End User.

The global indirect calorimeter market is segmented by type, by application, by end-user, and region. On the basis of type, the market is categorized into standalone and portable. The portable is further divided into software and hardware. By application, it is divided into medical and sports and fitness. By end-user, it is segmented into hospitals, diagnostic centers and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

Segment Review

By type, the market is segmented into standalone and portable. The standalone segment generated maximum revenue in 2021, owing to the rise in adoption of standalone indirect calorimeter in hospitals, and critical care units also increasing obesity and rising population.

Indirect Calorimeter Market
By Type

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Standalone segment is projected as one of the most lucrative segment.

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Depending on the application, the market is divided into medical and sports and fitness. The medical segment dominated the market in 2021, and is expected to grow with a highest CAGR, owing to fact that bioimpedance analysis is a noninvasive, and a commonly used approach for indirect calorimeter in medical and sports and fitness center.

Indirect Calorimeter Market
By Application

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Medical segment held a dominant position in 2020 and would continue to maintain the lead over the forecast period.

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Depending on end-user, the market is divided into hospitals, diagnostic centers and others. The hospitals segment dominated the market in 2021 and is expected to grow with highest CAGR, owing to surge in the demand for population health monitoring solutions as they improve clinical outcomes by assisting in disease management and lowering of healthcare cost.

Indirect Calorimeter Market
By End User

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Hospitals segment is projected as one of the most lucrative segment.

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Region wise, in indirect calorimeter industry, North America acquired a major share, owing to the presence of key players, rising government initiatives, well-developed healthcare infrastructure, and rising prevalence of chronic diseases. The region witnessed the highest growth at a CAGR. However, Asia-Pacific is expected to witness the highest growth rate for the smoking cessation and nicotine de-addiction market throughout the forecast period with a CAGR.The major factors that drive the growth during indirect calorimeter market forecast in this region is the rising number of populations, non-invasive procedures and increasing prevalence of obesity. In addition, technological advancements, multiple applications of indirect calorimeter, and increase in government initiatives to promote healthy lifestyle are driving the growth of indirect calorimeter market share.

Indirect Calorimeter Market
By Region

2031
North America 
Europe
Asia-pacific
Lamea

North America was holding a dominant position in 2021 and would continue to maintain the lead over the analysis period.

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The major players profiled in the indirect calorimeter industry report are Breezing, Cosmed, Columbus Instruments, General Electric, Korr Medical Technologies, Maastricht Instruments BV, MGC Diagnostics, Parvo Medics, Summit Healthcare Pvt Ltd., Lumen, TSE systems and Vyaire Medical Inc.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the indirect calorimeter market analysis from 2021 to 2031 to identify the prevailing indirect calorimeter market opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the indirect calorimeter market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global indirect calorimeter market trends, key players, market segments, application areas, and market growth strategies.

Indirect Calorimeter Market Report Highlights

Aspects Details
Market Size By 2031 USD 1 billion
Growth Rate CAGR of 4.7%
Forecast period 2021 - 2031
Report Pages 315
Application
  • Medical
  • Sports and Fitness
Type
  • Standalone
  • Portable
    • Type
      • Software
      • Hardware
End User
  • Diagnostic Centers
  • Others
  • Hospitals
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest Of Europe)
  • Asia-Pacific  (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest Of LAMEA)
Key Market Players Breezing, Cosmed, Columbus Instruments, General Electric, Korr Medical Technologies, Maastricht Instruments BV, MGC Diagnostics, Parvo Medics, Summit Healthcare Pvt Ltd., Lumen, TSE systems, Vyaire Medical Inc.
Other Players Olympus Corporation
 

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This section provides opinions of top level CXOs in the global indirect calorimeter market. According to the insights of CXOs, leading market players, development of advanced and reliable Indirect calorimeter has led to extensive expansion of these market. Rise with technological advancements and rise in prevalence of obese population. Recent progress and on-going development in this field have fueled the market growth.

According to the CXOs, increase in economic strength of the developing nations, such as Japan, China, India, Indonesia, and Thailand and rise in healthcare expenditure are expected to drive the market during the forecast period.

Rapid growth was observed in the adoption of technologically advanced medical devices across developing economies, and this is expected to offset the challenging conditions in developed markets such as North America and Europe. Moreover, North America and Europe are expected to dominate the market during the forecast period, while emerging countries in Asia-Pacific and Latin America are expected to offer significant growth opportunities during forecast period.

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FREQUENTLY ASKED QUESTIONS?

A. Rising number of populations, non-invasive procedures and increasing prevalence of obesity are the upcoming trends of Indirect Calorimeter Market.

A. Medical is the leading application of Indirect Calorimeter Market.

A. North America is the largest regional market for Indirect Calorimeter.

A. Indirect Calorimeter is projected to reach $1,016.33 million by 2031, registering a CAGR of 4.7% from 2022 to 2031.

A. The major players profiled in the report are Breezing, Cosmed, Columbus Instruments, General Electric, Korr Medical Technologies, Maastricht Instruments BV, MGC Diagnostics, Parvo Medics, Summit Healthcare Pvt Ltd., Lumen, TSE systems and Vyaire Medical Inc.

A. The base year is 2021 in Indirect Calorimeter market.

A. Yes, the Indirect Calorimeter market report provides PORTER Analysis

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