Press Release

Global Body Fat Measurement Market to Grow at a CAGR of 6.8% During 2024-2032, Aided by the Growing Health-Consciousness

Global Body Fat Measurement Market

According to a new report by EMR titled, ‘Global Body Fat Measurement Market Report and Forecast 2024-2032’, the global body fat measurement market size attained a value of USD 624.67 million in 2023. The market is anticipated to grow at a CAGR of 6.8% during the forecast period of 2024-2032 to attain a value of USD 1,129.26 million by 2032.

The growing awareness regarding the association of body fat with various diseases such as diabetes, heart issues, and cardiovascular issues, among others, and the surging health-consciousness are bolstering the demand for body far measurement devices. The market for body fat measurement is also being aided by the increasing trend of health and wellness, especially after the COVID-19 pandemic. The availability various handheld devices that deploy scientific techniques to efficiently calculate is significantly surging. As such devices are easy-to-use and compact, they are extensively preferred by health-conscious consumers to track their everyday health and fitness. Furthermore, technological advancements and innovations to combat limitations and issues of body fat measurement methods are expected to positively impact the market growth in the forecast period.

 

Hologic, Inc. (NASDAQ: HOLX), one of the leading companies in the market, announced in February 2018 that it had signed an agreement with the University of Minnesota to be the exclusive distributor of Dexalytics: TEAMS™. The system would offer Advanced Body Composition® Reports that demonstrate the precise location of lean and fat masses and bones while providing the comparison between their visual changes. Moreover, it would provide critical measurements extending beyond total lean mass, total fat mass, and body fat percentage. Under the partnership, the human performance and sports science industry would deploy dual-energy x-ray absorptiometry scans to harness body composition data and compare it to position and sports-specific standards. This would aid in providing actionable data and help professional trainers, collegiates, medical staff, and trainers.

 

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Market Analysis by Product, End-Uses, and Region:

  • The market, on the basis of product, can be divided into bioimpedance analyser, body fat skinfold callipers, air displacement plethysmography, and dual energy x-ray absorptiometry, among others.
  • Based on end-uses, the market can be divided into hospitals, clinics, fitness centres and gymnasiums, and homecare centre.
  • The regional markets for body fat measurement include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Key Findings of the Report:

  • The increasing prevalence of obesity and various health issues such as diabetes and hypertension, among others, are propelling the market growth of body fat measurement.
  • The market is being driven by the growing awareness regarding the health benefits of weight management tools and the expansion of fitness centres.
  • Technological advancements and innovations to develop devices with various in-built measurement capabilities are driving the market for body fat measurement.
  • The growing demand for body fat analysers and measurement devices, especially in developed countries, is augmenting the market growth.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for body fat measurement for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the products, end-uses, and major regions of body fat measurement.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

 

The major players in the global body fat measurement market are AccuFitness, LLC, Garmin Ltd., Hologic, Inc., Omron Healthcare, Inc., and COSMED srl, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

 

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

 

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

 

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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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