Body Fat Measurement Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

The Body Fat Measurement market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire body Fat Measurement market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in value (USD Million) from FY 2016 – 2026.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Body Fat Measurement industry. The report analyzes and declares the historical and current trends analysis of the Body Fat Measurement industry and subsequently recommends the projected trends anticipated to be observed in the Body Fat Measurement market during the upcoming years.

Key Insights from Primary Research

• As per our primary respondents, the Body Fat Measurement market is set to grow annually at a rate of around 8.5%.
• It was established through primary research that the Body Fat Measurement market was valued at around USD 680million in 2019.
• After secondary research, we performed face to face interviews to validate our data. The insights interviewee’s declared that Bioimpedance analyzers are the most used type for the global Body Fat Measurement market.
• On the basis of the product, Bioimpedance analyzers dominated the global Body Fat Measurement market in 2019. It accounted for around 34% share of the total market in 2019.
• The hospital segment, on the basis of end-use segmentation, was the leading revenue-generating category accounting for around 48% share, in 2019.

Key Recommendations from Analysts

• Based on the exhaustive secondary research done by our team, the Bioimpedance analyzers type is anticipated to become the most demanding type in the upcoming years, owing to the growing demand for Body Fat Measurement from various end-use applications.
• As per our analysts, North America recorded the highest market share of more than 39% by 2026, and the market is expected to bolster in this region, resulting in creating lucrative opportunities for new players.
• Growing at a CAGR of around 8.5%, the Body Fat Measurement market provides numerous opportunities for all of the involved stakeholders across the entire value chain.
• Our analysts have identified Bioimpedance analyzers and hospital categories as the leading investment pockets for the Body Fat Measurement market in terms of product and End-use segmentation respectively.
• Our analysts recommend that emerging players focus on Bioimpedance analyzers showing the substantial growth of hospitals and fitness centers, especially in North American and European regions, and increased adaptation of Bioimpedance analyzers.

Market Attractiveness – By End-Use

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Body Fat Measurement industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Body Fat Measurement industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Body Fat Measurement market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Body Fat Measurement industry. The Body Fat Measurement market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Body Fat Measurement sector. Key strategic developments in the Body Fat Measurement market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Body Fat Measurement market are appropriately highlighted in the report.

The global Body Fat Measurement market in 2019 was valued approximately at USD 680 million. The market is expected to grow at a CAGR of 8.5% and is anticipated to reach around USD 800 million by 2026. Increased prevalence of obesity and other metabolism-related diseases and the implementation of more reliable and economical medical devices and processes in this field are key developments in favor of industry growth. In addition to this, increased awareness of body weight control and more reliable monitoring tools are also likely to work on the market. Increased players' attempts to improve their market position often play an important role in the growth of the sector. Increased awareness of body weight, metabolism, and health/fitness training is also expected to fuel demand for body fat measurement machines in the coming years. With an increasing number of individuals participating in sports, athletics, and body-training activities, an increasing number of health clubs and fitness centers are buying body fat-measuring equipment. The implementation of these devices and machines in the body training and healthcare sector is likely to experience an increase in the coming years.

The Body Fat Measurement market research report delivers an acutevaluationand taxonomy of the Body Fat Measurement industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Body Fat Measurement industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Body Fat Measurement industry is provided for the leading economies of the world.

The Body Fat Measurement market is segmented based on Product and End-Use.  On the basis of type segmentation, the market is classified into Bioimpedance analyzers, Body fat skinfold calipers, Hydrostatic weighing, Air displacement plethysmography, and Dual-energy x-ray absorptiometry. In terms of End-use segmentation, the market is bifurcated into Hospitals, Clinics, and Fitness centers.

Report Scope

Some of the essential players operating in the Body Fat Measurement market, but not restricted to

• Omron HCB
• TanitaCorp.
• Beurer GmbH
• AccuFitness
• COSMED S.r.l.
• GE Healthcare
• Hologic Inc.
• Inbody Co. Ltd.

The taxonomy of the Body Fat Measurement industry by its scope and segmentation is as follows:

By product Segmentation Analysis

• Bioimpedance analyzers
• Body fat skinfold calipers
• Hydrostatic weighing
• Air displacement plethysmography
• Dual-energy x-ray absorptiometry

By Application Segmentation Analysis

• Hospitals
• Clinics
• Fitness centers

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa