Body Fat Measurement Market size to exceed $790mn by 2024 - PowerPoint PPT Presentation

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Body Fat Measurement Market size to exceed $790mn by 2024


Body Fat Measurement Market Size By Product, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024 – PowerPoint PPT presentation

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Title: Body Fat Measurement Market size to exceed $790mn by 2024

Body Fat Measurement Market size to exceed 790mn
by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from Body Fat Measurement Market
  • Global body fat measurement market is projected
    to reach USD 798 million by 2024, from an
    estimated USD 402.6 million in 2015, at an
    anticipated CAGR of 8 from 2016 to 2024.
  • Bioimpedance analyzers segment attributed to
    largest share with USD 144 million in 2015. The
    large share is accredited to its technological
    advancements resulting into increased accuracy.
  • Europe body fat measurement market size valued at
    USD 126.7 million in 2015, accounted for the
    31.5 of overall revenue share. Germany and UK
    were responsible for regional share of 23.5 and
    14 respectively.

  • The threat of new entrants is high owing to
    simple development process of the BIA and caliper
    devices. However, it is relatively difficult for
    the new players to develop DEXA or ADP.  
  • China, and Japan will drive the industry growth
    due to presence of large patient population base,
    and rising screening for obesity.
  • The industry is fragmented with the presence of
    several key players such as GE Healthcare, COSMED
    and Tanita Corporation. Other key industry
    players include Omron, Beurer, Inbody and Hologic.

U.S. Body Fat Measurement Market size, by
Product, 2012- 2024 (USD Mn)


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360 Analysis
  • Product Analysis
  • Global body fat measurement market size was
    largely driven by Bioimpedance analyzers in 2015,
    and this trend will continue throughout the
    forecast period. Bioimpedance analyzers market
    was valued at over USD 140 million in 2015,
    driven by technological advancements leading to
    increased accuracy and efficient combination with
    hydrostatic weighing and calipers.
  • Regional Analysis
  • U.S. leads the industry with revenue of more than
    USD 146 million, contributing to revenue share of
    over 88 in 2015, due to the presence of large
    patient pool with obesity and other metabolism
    related disorders. Apart from this, increased
    awareness regarding obesity, as well as rising
    trend towards fitness training should further
    contribute to the revenue share.
  • Competitive Market Share
  • The industry is highly fragmented in nature, due
    to presence of diverse products used in body fat
    measurement procedures. For instance, COSMED is
    a single player contributing to almost the entire
    share of air displacement plethysmography (ADP),
    while GE Healthcare would be the corporate giant
    accounting for a significant share in DEXA
    testing revenues. Overall, Tanita Corporation,
    and AccuFitness dominate the industry.

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