FMI bytes: Top Five Factors Limiting the Body Fat Measurement Market from Reaching its Growth Potential

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A recent FMI study shows a modest growth analysis of the body fat measurement market through 2033. As per the report, the body fat measurement device market is likely to surpass US$ 677.55 million in 2023. Analysts foresee sales of body fat measurement devices to grow 1.89X by 2033. Body fat measurement market statistics indicate a CAGR of 6.6% from 2023 to 2033.

As per the analysis, numerous qualitative influences sum up to modify the aforementioned quantitative analysis. A hybrid and absolute work-from-home culture, leading toward a sedentary lifestyle, is a prominent influence. North America is currently a significant market for body fat measurement, followed by Europe and the Asia Pacific region.

In terms of product types, BIA devices are popularly used, accounting for a prominent market share. However, DXA devices are expected to witness significant growth through 2033 due to their higher accuracy compared to other methods.

Key Highlights of the Body Fat Measurement Market

Increasing awareness of health and fitness:

There is a growing interest in health and fitness, and many people are becoming more conscious of the importance of maintaining a healthy body fat percentage. This has led to an increased demand for body fat measurement devices.

Rising obesity rates:

Obesity is a key health concern in many countries around the world, and people are becoming more aware of the health risks associated with having a high body fat percentage. As a result, there is a growing demand for body fat measurement devices to help people track their progress in losing weight and reducing body fat.

Technological advancements:

Technology-first approaches have led to the development of more accurate methods of measuring body fat, such as DXA. This is considered the gold standard for body composition analysis. This has increased the accuracy and convenience of body fat measurement devices, making them more appealing to consumers.

Increase in fitness and wellness centers:

The number of fitness and wellness centers is increasing globally, leading to a demand for body fat measurement devices. These centers use body fat measurement devices to assess the progress of their clients and help them achieve their fitness goals.

Sports and athletics:

Athletes and sports professionals monitor their body composition, optimize their performance and use body fat measurement devices. This has led to a growing demand for specialized body fat measurement devices, designed for athletes.

Historical vs Future Outlook for the Body Fat Measurement Market

The body fat measurement market has been growing steadily over the past decade due to increasing awareness among people about the importance of maintaining a healthy body weight and body composition. With the rise of fitness culture and the growing prevalence of obesity, there has been a significant demand for accurate and convenient body fat measurement tools.

The market for body fat measurement devices includes a wide range of products; from traditional calipers and bioelectrical impedance, analysis (BIA) scales to more advanced technologies such as dual-energy X-ray absorptiometry (DEXA) and air-displacement plethysmography (ADP) machines.

Given this influence, the market recorded a historical CAGR of 6.3% from 2018 to 2022. The market was valued at US$ 492.22 million in 2018. It went on to reach US$ 559.33 million in 2022.

Read more: https://www.futuremarketinsights.com/reports/body-fat-measurement-market

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