Press Release
Press Release
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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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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