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In March 2018, Xiaomi launched MI Body Composition Scale in India market. The newly launched devices are designed to provide body composition with the help of complex algorithms. Body fat plays a major role in human lifecycle by storing the energy required for day to day activities. However, if this fat is excessive, it can lead to serious disorders such as high blood pressure, stroke, heart failure, obesity, and others.
Body fat measurement devices are designed in to measure body, moreover, these devices assist patients to monitor body composition over time continuously. According to a study conducted by the World Health Organization (WHO), in 2016, an estimated 1.9 billion population across the globe was overweight.
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Additionally, technological advancements are playing a vital role in increasing the adoption of body fat measurement devices as they are offering superior precision and improved ergonomics. For instance, in November 2015, India based startup, Cooey launched an IoT based wireless body fat analyzer in the India market. The newly launched devices enables connectivity with the mobile and displays body composition as per demand.
The global body fat measurement market growth is being driven by increasing prevalence of obesity. Moreover, increasing awareness about medical devices for preventive care is anticipated to increase the adoption of body fat measurement devices, which will eventually boost the growth of the global body fat measurement market by 2026.
However, the high cost of devices is expected to hamper the growth of the global body fat measurement market during the forecast period.
Some of the major companies covered in the global body fat measurement market report are COSMED S.r.l., AccuFitness LLC, Garmin Ltd., Xiaomi, Beurer GmbH, OMRON Corporation, Tanita, General Electric Company, Hologic, Inc., and others.
SEGMENTATION | DETAILS |
By Product | · Bioimpedance Analyzers · Hydrostatic Weighing · Dual Emission X-ray Absorptiometry · Body Fat Skinfold Calipers · Air-displacement plethysmography · Others |
By End User | · Clinics · Hospitals · Ambulatory Surgery Centers · Others |
By Geography | · North America (USA and Canada) · Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe) · Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific) · Latin America (Brazil, Mexico and Rest of Latin America) · Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa) |
As per current market trends, bioimpedance analyzers in product segment is anticipated to hold a significant share of the global body fat measurement devices market during the forecast period. Superior compatibility of the bioimpedance analyzers with electronic devices is projected to play a major role in the increased adoption of bioimpedance analyzers by 2026.
Based on region, the global body fat measurement market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global body fat measurement market owing to increased adoption of body fat measurement devices. Additionally, increased awareness about body composition devices and benefits offered by them are anticipated to boost the growth of the North America body fat measurement market during the forecast period. Europe is expected to register considerable share in the global body fat measurement market owing to the increasing prevalence of obesity, strokes, and high blood pressure. The Asia Pacific and Middle East & Africa also hold huge potential for growth of the body fat measurement market due to market penetration strategies by key players, increasing awareness about the product, and increasing the obese population.
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