Body Fat Measurement Market Scope
Body Fat Measurement is the technique to measure the fat present in the body, the devices used for measuring the body fat are known as body fat measurement devices. The growth rate of the body fat measurement market is coupled with a rising incidence of metabolic disorders and obesity across the globe. Irregular lifestyles such as sedentary routine and consumption of excessive fast food are the primary reasons for obesity and overweight. Various types of instruments are used for measuring body fat. One of them is muscle to fat ratio analyzers. The high cost of these devices is restraining industry growth to a certain extent over the upcoming years, especially in price-sensitive markets.
According to AMA, the Global Body Fat Measurement market is expected to see growth rate of 9.0%Some of the major players operating in the global body fat measurement industry include Hologic, GE Healthcare, Omron, InBody and Cosmed. Companies are adopting inorganic strategic measures and novel product introduction through technological advancements to expand the company’s market presence.
Tanita Corp. (United States), Omron HCB (Japan), AccuFitness (United States), Beurer GmbH (United States), GE Healthcare (United States), COSMED S.r.l. (Italy), Inbody Co. Ltd. (South Korea), Hologic Inc. (United States) and EXERTECH (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are ·.
Segmentation Overview
The study have segmented the market of Global Body Fat Measurement market by Type (Bioimpedance Analyzers (BIA), Body Fat Skinfold Calipers, Hydrostatic Weighing (HwD), Air Displacement Plethysmography (ADP) and Dual Emission X-ray Absorptiometry (DEXA)), by Application (Hospitals, Clinics, Fitness Centres and Home Care) and Region with country level break-up.
On the basis of geography, the market of Body Fat Measurement has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Development of innovative devices and Growing prevalence of obesity and other metabolism-related disorders
Market Growth Drivers:
Rising incidence of metabolic disorders and obesity and Unnatural lifestyles such as sedentary routine and excessive fast food consumption
Challenges:
Failing of body measurement devices in giving the proper measurement
Restraints:
High cost of body fat measurement devices
Opportunities:
Increasing awareness regarding fitness and health, and technologically advanced healthcare infrastructure
Key Target Audience
Body Fat Measurement devices manufacturers, Body Fat Measurement devices supplier and distributors, Body Fat Measurement exporters and importers, Research firm, Government bodies, Hospitals, Clinics, Fitness Centres and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.