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Body Fat Measurement Market size crossed USD 860 million in 2022 and is anticipated to exhibit more than 7% CAGR between 2023 and 2032, on account of the rising incidence of obesity worldwide.
There has been a substantial increase in obesity cases in the wake of the coronavirus pandemic, especially among children and young adults. Lifestyle changes during lockdowns have contributed to the growing disease burden. Based on the World Obesity Federation’s report, by 2030 end, obesity is projected to impact nearly 1 billion people worldwide. Since the global population is gaining awareness about the health implications of excess body weight including cancer, stroke, and other chronic conditions, the demand for body fat measurement equipment is likely to surge over the foreseeable future.
With the growing number of obese people, the establishment of fitness centers to address the needs of people with high body mass indexes will also rise. These factors, alongside the high prevalence of metabolism-related disorders, will create lucrative opportunities for developers of medical electronics such as BMI calculators. However, large initial investment costs may hinder industry expansion to some extent.
Report Attribute | Details |
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Base Year: | 2022 |
Body Fat Measurement Market Size in 2022: | USD 860 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 7% |
2032 Value Projection: | USD 1.5 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 120 |
Tables, Charts & Figures: | 211 |
Segments covered: | Product, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Body fat measurement market share from the bioimpedance analyzers product segment is poised to depict over 7.5% CAGR through 2023-2032. This is driven by the emergence of bioelectrical impedance analysis as a reasonably accurate method for body fat estimation. Product miniaturization and other technological advancements are also bolstering product adoption in hospitals, clinics, and other healthcare settings. Furthermore, key benefits including the delivery of precise body fat readings will boost the sales of bioimpedance analyzers.
Body fat measurement market from the fitness centers end-use segment is projected to be valued at more than USD 450 million by 2032, given the mobility and affordability offered by the products. As gym visits rebound from the COVID-19-associated setbacks, many fitness brands are eying expansion worldwide. The introduction of weight management programs and the rising health concerns are further boosting the requirement for accurate fat measurement. Several landlords are also courting fitness tenants for shopping centers and malls. Additionally, the increased obesity burden is expected to augment device demand in these centers.
North American body fat measurement market is anticipated to cross USD 510 million by 2032, considering the increasing incidence of overweight and obese people. The Trust for America’s Health 2022 report, for example, revealed a 35% surge obesity rate in over 19 states across the nation. In order to address this issue, multiple weight management programs are being introduced in the region. Moreover, the growing acceptance of body analysis and treatment modalities, sophisticated healthcare infrastructure, and the expansion of fitness centers will drive body fat measurement device demand in the region.
The strategic landscape of the body fat measurement market comprises companies such as :
These companies are focusing on product range expansions and other strategies to reinforce their foothold and expand their customers in the global market.
Inflation is creating major challenges for consumers worldwide, particularly in terms of making healthy food choices. Due to food insecurities and price hikes, people have been gravitating toward energy-dense, cheap meals that pose negative health impacts. The intake of such low-quality meals may lead to an increase in a person’s weight, in turn escalating the obesity burden. These factors are expected to stimulate the sales of body weight measurement devices and assert a positive influence on the market outlook.
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