In 2022, the global Body Fat Measurement Market was valued at USD 760 million, and it is anticipated to reach USD 1607 million by 2032, with a projected compound annual growth rate (CAGR) of 9.8% during the forecast period. The expansion in market revenue is primarily fueled by several key factors.One significant driver is the escalating rates of obesity worldwide, which are associated with a heightened risk of various health conditions such as diabetes, heart disease, and cancer. This growing prevalence of obesity has led to an increased demand for precise body fat measurement tools, contributing to the market's robust revenue growth.
Additionally, there is a growing awareness of the importance of maintaining fitness and overall well-being globally. This heightened awareness has resulted in a surge in participation in fitness-related activities and wellness programs. To monitor their progress accurately and make informed adjustments to their workout routines, fitness enthusiasts are increasingly recognizing the essential role of body fat measurement devices. This heightened interest in fitness and wellness further propels the market's revenue growth.
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Some key highlights of the report:
Based on product type, the body fat measurement market is divided into bio-electrical impedance analyzers, dual-energy X-ray absorptiometry, skinfold calipers, air displacement plethysmography, and other segments. Bio-electrical impedance analyzers accounted for the biggest revenue share in the market in 2022 among these segments.
Throughout the forecast period, the hospitals segment is expected to lead the worldwide body fat measurement market. The demand for body fat measurement equipment in hospitals is being driven by the rise in obesity-related ailments and diseases such diabetes, cardiovascular diseases, and hypertension.
Because to the rising incidence of obesity and related health problems, North America is anticipated to dominate the body fat measurement market during the forecast period. About 42.4% of adult Americans, according to the Centers for Disease Control and Prevention (CDC), are obese.
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Competitive Landscape:
Major companies in the global body fat measurement market include:
- General Electric Company
- Omron Healthcare, Inc.
- Beurer GmbH
- Inbody Co., Ltd.
- Tanita Corporation
- AccuFitness LLC
- Hologic, Inc.
- BodyLogicMD
- Cosmed Group
- Equipo Medico Colombiano
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