A recent study by Future Market Insights (FMI) reveals a positive growth trajectory for the body fat measurement market, projecting it to surpass USD 677.55 million in 2023 and grow 1.89 times by 2033, reaching an estimated USD 1,283.85 million. This report highlights a compound annual growth rate (CAGR) of 6.6% from 2023 to 2033, driven by rising health awareness and advancements in technology.
Key insights from the report indicate that the shift towards a more sedentary lifestyle, exacerbated by a hybrid work-from-home culture, is fueling demand for body fat measurement devices. North America remains the leading market, closely followed by Europe and the Asia Pacific region.
Key Factors Driving Growth in the Body Fat Measurement Market
- Increased Health and Fitness Awareness: Growing consciousness about maintaining a healthy body fat percentage is fueling demand for measurement devices.
- Rising Obesity Rates: Heightened awareness of the health risks associated with obesity is prompting consumers to track body fat levels.
- Technological Advancements: Innovations such as Dual-energy X-ray Absorptiometry (DEXA) offer enhanced accuracy, attracting more users.
- Expansion of Fitness Centers: The increasing number of fitness and wellness centers globally is driving demand for body fat measurement devices.
- Demand from Sports and Athletics: Athletes are utilizing these devices to monitor body composition and enhance performance.
- Non-invasive Measurement Options: The development of user-friendly, non-invasive technologies is creating new market opportunities.
- Integration with Wearable Technology: The growing popularity of smartwatches and fitness trackers with body fat measurement capabilities is expanding consumer access.
- Home-based Measurement Devices: Rising health consciousness is leading to a greater demand for at-home body fat measurement solutions.
Key Players in the Market
- GE Healthcare
- OMRON Healthcare Co., Ltd.
- The Diagnostic Medical Systems (DMS) Group
- Hologic Inc.
- Xiaomi
- Garmin Ltd.
- Beurer GmbH
- InBody Pvt. Ltd.
- AccuFitness LLC
- Bodystat
Tap into Expertise: Discuss with Our Analyst on Email: sales@futuremarketinsights.com
Key Segments in the Market
By Product:
- DEXA
- BIA
By End User:
- Gyms
- Fitness Centers
- Hospitals and Clinics
By Region:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
- Europe
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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