Industry Outlook and Trend Analysis
The Body Fat Measurement Market was worth USD 0.31 billion in the year 2012 and is expected to reach approximately USD 0.70 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 8.35% during the forecast period. The global body fat measurement market contains distinctive common techniques for body fat measurement and composition analysis. They are completely unique in relation to each other as for the parameters of complexity, accuracy, pricing and availability of the testing procedure. Considerably, by virtue of these distinctions, they encounter diverse levels of market share and market penetration. Developing predominance of metabolism related issues and obesity is foreseen to boost the requirement for these methods over the figure time frame. The advancement of novel, more precise BIA devices and their ensuing advent and administrative approval in business sectors, for example, Europe and North America are foreseen to additionally help market development amid the conjecture time frame.
Product Outlook and Trend Analysis
The general body fat measurement market is constituted of a few unique strategies for the analysis of body fat and body composition. The most used of those procedures incorporate ADP, skinfold caliper, HwD, BIA, and DEXA. Some comparatively less used systems incorporated into the others fragments are infrared interactance, body synthesis investigation utilizing MRI and CT scans. In 2013, the bio-impedance analyzers represented the biggest share of the market. It is additionally anticipated that that due would the mechanical improvements happening in the BIA machines, they will encounter constant growth at a lucrative rate all through the conjecture time frame. Bio impedance analyzers function by measuring the time taken for small electric currents to go through the human body which are passed by making the use of at least two terminals and sensors and have shown high congruency in the outcome with that of HwD and ADP testing. Body fat skin fold calipers are most likely the least complex of all the fat measurement techniques accessible in the present commercial center. Because of the simple technique for testing and generally cheap estimating, this fragment represents more than one-fourth of the worldwide market for body fat measurement. Because of the advent of technologically propelled products that are cost effective, it is normal that the diverse product sections in the body fat measurement market will encounter lucrative development all through the conjecture time frame.
Regional Outlook and Trend Analysis
Key regions evaluated for the body fat measurement market are Asia-Pacific, North America, Europe and RoW. In 2013 North America represented the biggest share of the income. This huge share can be represented by the existence of a sizeable base of populace managing metabolism-related issues and obesity. It is normal that with the technologically enhanced healthcare services available in the locale, North America will keep on dominating the worldwide muscle to body fat measurement market throughout the following years. Nonetheless, attributable to the way that the Asia-Pacific area is home to huge BIA device makers, it is anticipated that the region will encounter development at the speediest rate all through the estimate time frame. The existence of an inexorably healthcare keen populace base in the rising economies of China and India is additionally anticipated that would serve this market as a high effect rendering driver.
The major players in the market are Jawon Medical Co Ltd, COSMED, Tanita Corporation, Wipro GE Healthcare Pvt Ltd, Hologic, OMRON, Exertech, Diagnostic Medical Systems SA and Beurer. The market pioneers in the body fat measurement market have vital extension designs under execution and are relied upon to build their worldwide market existence through dynamic development of conveyance channels to upgrade market penetration. These progressions are foreseen to expand the focused contention in the global body fat measurement market over the figure time frame.
The global Body Fat Measurement Market is segmented as follows-
Body Fat Skinfold Calipers
Air Displacement Plethysmography (ADP)
Bioimpedance Analyzers (BIA)
Hydrostatic Weighing (HwD)
Dual Emission X-ray Absorptiometry (DEXA)
Rest of Europe
Rest of Asia Pacific
Rest of the World
United Arab Emirates
Some of the key questions answered by the report are:
What was the market size in 2012 and forecast from 2013 to 2022?
What will be the industry market growth from 2013 to 2022?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?