Body Fat Measurement Market Size

Body Fat Measurement Market Size

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.

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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.