Market Size of Indirect Calorimeter Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 4.10 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Indirect Calorimeter Market Analysis
The indirect calorimeter market is anticipated to register a CAGR of about 4.1% over the forecast period.
- COVID-19 significantly impacted the indirect calorimeter market since obesity cases are expected to worsen the symptoms of COVID-19. For instance, according to the Center for Diseases and Prevention (CDC) September 2022 update, obesity raised the likelihood of COVID-19-related severe illness and put patients at risk for many other significant chronic diseases. Similarly, as per the article published in January 2021 in BMC Journal, obese individuals with COVID-19 were more likely to experience severe disease, require hospitalization, and pass away, according to numerous independent studies. However, as the COVID-19 restrictions are lifted, the market is anticipated to witness growth due to the rise in cases of obesity and the increase in technological advancements in the indirect calorimeter.
- Certain factors driving the market's growth include technological advancements in the indirect calorimeter and the rising burden of obesity. Obesity has significantly increased worldwide, especially over the past few decades. For instance, as per the World Obesity Atlas 2022, across the African region, 1 in 13 men (7.76%) and 1 in 5 women (20.41%) were predicted to have a body mass index of more than 30kg by 2030. This equates to approximately 27 million men and 74 million women in the region at risk of complications of obesity by 2030.
- Obesity has been linked to causing many other dreadful diseases and disorders, like cardiovascular diseases, mainly heart disease and stroke; diabetes; musculoskeletal disorders, especially osteoarthritis, a degenerative disease of the joints; and cancer, including endometrial, breast, ovarian, prostate, liver, gallbladder, kidney, and colon. The most popular technique for measuring energy expenditure in research settings is indirect calorimetry, which has produced previously unheard-of insights into the systems that regulate energy balance in response to weight loss or growth.
- Medical devices, such as indirect calorimeters, are becoming more important in the healthcare sector. The major issue faced by companies in developing and producing such medical devices is to be updated on the regulatory requirements and implement them in the process. Furthermore, the technological advancements in the indirect calorimeter are expected to drive market growth. For instance, as per the article published in August 2021 in PubMed, longitudinal indirect calorimeter (IC) measurements taken before, during, and after ICU care needed to become the new global standard of care for directing nutrition care given recent advancements in IC technology and the widespread availability of a new generation IC equipment.
- Hence, due to the increase in obesity cases and the rise in technological advancements in the indirect calorimeter, the studied market is expected to witness growth over the forecast period. However, the high cost of the devices and stringent regulatory guidelines is likely to restrain the market growth over the forecast period.
Indirect Calorimeter Industry Segmentation
As per the scope of the report, indirect calorimeters refer to devices that use the reference standard and clinically recommended means to measure energy expenditure. Indirect calorimetry is nothing but a type of whole-body calorimetry where all gas consumption and gas exhalation are continuously monitored, and it can be used to determine energy expenditure through the use of equations relating to total O2 consumption, CO2 expiration, and urinary nitrogen excretion to energy utilization.
The indirect calorimeter market is segmented by type (standalone and portable), end-user (hospital, diagnostic centers, and other end-users), and geography (North America, Europe, Asia-Pacific, and the Rest of the World).
The report offers the value (in USD million) for the above segments.
By Type | |
Standalone | |
Portable |
By End-User | |
Hospital | |
Diagnostic Centers | |
Other End-Users |
Geography | |||||||
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Rest of World |
Indirect Calorimeter Market Size Summary
The indirect calorimeter market is poised for growth, driven by technological advancements and the rising prevalence of obesity. The market experienced a significant impact due to COVID-19, as obesity was linked to more severe COVID-19 symptoms, leading to increased demand for indirect calorimetry to assess energy expenditure and manage obesity-related health issues. As restrictions ease, the market is expected to expand, supported by innovations in indirect calorimeter technology. These devices are crucial in healthcare for measuring energy expenditure, particularly in research and clinical settings, where they provide insights into energy balance and metabolic health. However, challenges such as high device costs and stringent regulatory requirements may hinder market growth.
The hospital segment is anticipated to experience notable growth, as indirect calorimetry becomes the gold standard for evaluating calorie needs, especially in critically ill patients. The method's ability to improve nutritional care and patient outcomes in intensive care units underscores its increasing adoption. North America is expected to hold a significant market share due to the high obesity rates and advanced healthcare infrastructure in the region. The market is moderately competitive, with key players like Fuji Medical Science, Cosmed srl, and KORR Medical Technologies leading the way. Recent developments, such as the introduction of advanced indirect calorimeter machines in hospitals, highlight the ongoing innovation and expansion within the market.
Indirect Calorimeter Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Technological Advancements in Indirect Calorimeter
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1.2.2 Rising Prevalence of Obesity
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1.3 Market Restraints
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1.3.1 Stringent Regulatory Guidelines and High Cost of Devices
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD Million)
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2.1 By Type
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2.1.1 Standalone
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2.1.2 Portable
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2.2 By End-User
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2.2.1 Hospital
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2.2.2 Diagnostic Centers
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2.2.3 Other End-Users
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Rest of Asia-Pacific
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2.3.4 Rest of World
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Indirect Calorimeter Market Size FAQs
What is the current Indirect Calorimeter Market size?
The Indirect Calorimeter Market is projected to register a CAGR of 4.10% during the forecast period (2024-2029)
Who are the key players in Indirect Calorimeter Market?
KORR Medical Technologies , Parvo Medics , Cosmed srl , MGC Diagnostics and Vyaire Medical are the major companies operating in the Indirect Calorimeter Market.