Body Fat Measurement Market Poised for 6.6% Growth by 2033 | Report By FMI

The body fat measurement market might not be sprinting, but it’s definitely in a steady jog towards a healthy future. A recent FMI study projects the market to reach a robust US$ 1,283.85 million by 2033, with a steady CAGR of 6.6%. Here’s why you, as a decision-maker, should join the race:

Capitalize on the Wellness Revolution:

• Sedentary Lifestyles Drive Demand: The rise of hybrid and remote work cultures has led to increased sedentary lifestyles, fueling the need for body fat measurement tools for health monitoring.

• Global Growth Potential: North America currently dominates the market, but Europe and Asia Pacific are catching up. Expand your reach to tap into these burgeoning markets.

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Embrace Technological Advancements:

• Bioelectrical Impedance Analysis (BIA): Currently leading the pack, BIA devices offer a convenient and user-friendly approach to body fat measurement.

• Dual-Energy X-ray Absorptiometry (DXA): While currently a smaller segment, DXA technology offers superior accuracy, positioning you at the forefront of innovation.

Meeting the Needs of a Health-Conscious Consumer:

• Obesity on the Rise: The growing prevalence of obesity underscores the importance of body fat measurement for managing weight and overall health. Offer solutions that empower individuals to take control.

• Fitness for All: The fitness culture is booming, with people of all ages prioritizing health and wellness. Provide accurate and convenient body fat measurement tools to cater to this growing demand.

A Decision Maker’s Guide to Success:

• Focus on Convenience: Develop user-friendly and accessible body fat measurement solutions that seamlessly integrate into daily routines.

• Accuracy is Paramount: Invest in innovative technologies like DXA to offer the most precise measurements, catering to health-conscious consumers.

• Target the Global Market: Don’t limit yourself! Develop strategies to expand your reach into regions like Europe and Asia Pacific, where the body fat measurement market is flourishing.

• Align with Wellness Trends: Position yourself as a partner in the global wellness movement by offering body fat measurement tools that empower individuals to achieve their health goals.

The body fat measurement market offers a stable and growing opportunity. By focusing on convenience, accuracy, and global expansion, you can ensure your brand stays ahead of the curve.

One of the main drivers for these devices is rising obesity among mobile millennial individuals balancing a fast-paced and sedentary lifestyle. Because millennials share this dual balance between health and technology awareness, manufacturers view wearable as an appealing route to enter the stream. In addition to wearable technology, manufacturers has also concentrated on increasing the accuracy of these devices aimed at enhancing precise patient outcomes. But the slow-paced growth is limited by some market restraints.

Key Highlights of the Body Fat Measurement Market

• The body fat measurement market was valued at US$ 492.22 million in 2018.
• North America is the leading market with a share of 33% through 2033.
• Asia Pacific holds the prominent CAGR of 8% through 2033.
• BIA is likely to account for a 22% share of the market.
• Dual-energy X-ray absorptiometry is one of the significant product types with high growth potential.

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Top Body Fat Measurement Market Players

The key players in the body fat measurement market deploy numerous strategies as a resort to market sizing. Key strategies followed by players include entering into partnership agreements, acquisitions, mergers, and expansions into new markets.

Product diversification is a crucial key to entering the developing markets for manufacturers of body fat measurement devices. In addition to this, collaborations with key end users can bode well for the market players during the forecast period.

In October 2022, Inbody Ltd. entered into a partnership with iLoveKickboxing for offering on-site body composition testing at the United States and Canada locations.

In January 2022, Inbody Ltd. collaborated with Orangetheory Fitness for providing reliable and accurate body composition information across its chain of studios.