Indirect Calorimeter Market Report 2024 (Global Edition)

Global Indirect Calorimeter Market Report 2024 Market Size Split by Application (Medical, Sports and Fitness), by Type (Standalone, Portable, Software, Hardware), by End-user (Diagnostic Centers, Hosp...

Indirect Calorimeter Market Report Description

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Indirect Calorimeter Market Insights Video

Competitive Landscape of the Indirect Calorimeter Market

The indirect calorimeter market is highly competitive, and various established and emerging companies compete with each other on the basis of innovation and technological advancement. The key manufacturers are primarily involved in developing advanced systems with higher accuracy, ease of use, and integration with digital health technologies. Companies are also increasing their research and development efforts to add more functionalities to their products in clinical diagnostics, sports science, and nutrition. Strategic partnerships, mergers, and acquisitions are frequent, especially as firms look to increase their geographical presence and product portfolios.

In January 2023, CAIRE Inc., a global provider of oxygen therapy and on-site generating systems, acquired MGC Diagnostics Holdings, Inc., which designs and manufactures non-invasive cardiorespiratory diagnostic equipment. This acquisition increases CAIRE's position and focus on diagnostic technologies in treating patients at all stages of pulmonary disease. (Source: https://www.caireinc.com/caire-completes-acquisition-of-mgc-diagnostics-holdings-inc/) In January 2024, Microlife Corporation, a leader in hypertension and fever control, displayed its indirect calorimeter product portfolio at Arab Health 2024, which took place at the Dubai World Trade Center. This exposure enables the organization to raise brand awareness and acquire new customers. (Source: https://www.microlife.com/)

Top Companies Market Share in Indirect Calorimeter Industry: (In no particular order of Rank)

• Cosmed srl
• MGC Diagnostics Corporation
• Microlife Corporation
• Pacific Medico
• KORR Medical Technologies
• Maastricht Instruments
• GE HealthCare
• Vyaire Medical
• Inc.
• Parvo Medics
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Indirect Calorimeter Market

Which Region Dominates the Indirect Calorimeter Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. This is due to the growing emphasis on preventative care for pediatric patients. Furthermore, rapidly modernizing healthcare institutions are expected to offer increasing use of indirect calorimeters during the projection period.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Indirect Calorimeter market. Due to increased awareness about indirect calorimeters and the benefits they provide. Although the cost of indirect calorimeters is currently high, the entry of new market competitors in emerging nations is expected to offer competitive pricing methods, hence boosting the growth of the worldwide indirect calorimeter market.

The current report Scope analyzes Indirect Calorimeter Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Indirect Calorimeter Market

According to Cognitive Market Research, the global Indirect Calorimeter market size was estimated at USD 715.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 286.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Indirect Calorimeter market with a market size of USD 225.84 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. The US has a high prevalence of obesity and metabolic disorders.
• The Canada Indirect Calorimeter market had a market share of USD 34.35 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. The Canadian increasing awareness of nutrition and fitness among the population.
• The Mexico Indirect Calorimeter market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 26.05 million in 2024.

{north_america_end}

Europe Indirect Calorimeter Market

According to Cognitive Market Research, the global Indirect Calorimeter market size was estimated at USD 715.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 214.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031.

• The United Kingdom Indirect Calorimeter market had a market share of USD 36.07 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. In the UK, Indirect Calorimeter sales witness an upswing due to a growing emphasis on personalized nutrition and health management.
• The France Indirect Calorimeter market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 19.75 million in 2024.
• According to Cognitive Market Research, the German Indirect Calorimeter market size was valued at USD 42.51 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. In Germany, the Indirect Calorimeter surged due to increasing rates of obesity and related metabolic disorders.
• The Italy Indirect Calorimeter market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 18.46 million in 2024.
• The Russia Indirect Calorimeter market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 33.28 million in 2024.
• The Spain Indirect Calorimeter market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 17.60 million in 2024
• The Luxembourg Indirect Calorimeter market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 6.66 million in 2024.
• The Portugal Indirect Calorimeter market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 4.51 million in 2024.
• The Greece Indirect Calorimeter market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 2.58 million in 2024.
• Rest of Europe's Indirect Calorimeter market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 33.28 million in 2024.

Asia Pacific Indirect Calorimeter Market

According to Cognitive Market Research, the global Indirect Calorimeter market size was estimated at USD 715.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 164.59 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Indirect Calorimeter market size was valued at USD 74.06 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Indirect Calorimeter surged in China due to the increasing health awareness
• The Japan Indirect Calorimeter market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 22.71 million in 2024.
• The India Indirect Calorimeter market had a market share of USD 19.75 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. India's advanced recycling technologies.
• The South Korean Indirect Calorimeter market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 16.46 million in 2024.
• The Australian Indirect Calorimeter market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 8.56 million in 2024.
• The South East Asia Indirect Calorimeter market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 11.36 million in 2024.
• The Rest of Asia Pacific Indirect Calorimeter market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 11.69 million in 2024.

South America Indirect Calorimeter Market

According to Cognitive Market Research, the global Indirect Calorimeter market size was estimated at USD 715.6 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 35.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Indirect Calorimeter market size was valued at USD 15.31 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Indirect Calorimeters flourished in Brazil due to government initiatives
• Argentina's Indirect Calorimeter market had a market share of USD 6.01 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Argentina's fitness industry growth
• Colombia's Indirect Calorimeter market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 3.18 million in 2024.
• Peru's Indirect Calorimeter market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 2.93 million in 2024.
• Chile's Indirect Calorimeter market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 2.58 million in 2024.
• The Rest of Latin America's Indirect Calorimeter market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 5.76 million in 2024.

Middle East and Africa Indirect Calorimeter Market

According to Cognitive Market Research, the global Indirect Calorimeter market size was estimated at USD 715.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 14.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..

• The GCC Countries Indirect Calorimeter market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 6.13 million in 2024. Indirect Calorimeter sales flourish due to government initiatives.
• The Egypt Indirect Calorimeter market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 1.50 million in 2024.
• The South African Indirect Calorimeter market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 2.26 million in 2024. Indirect Calorimeter sales flourished in South Africa due to technological advancements.
• The Turkey Indirect Calorimeter market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 1.23 million in 2024.
• The Nigeria Indirect Calorimeter market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 1.50 million in 2024.
• The Rest of the MEA Indirect Calorimeter market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 1.69 million in 2024.

Indirect Calorimeter Market Analysis

Indirect Calorimeter Market application Segment Analysis

According to Cognitive Market Research, the Medical segment is the most dominant one in the Indirect Calorimeter Market. This can be attributed to the increasing prevalence of obesity, metabolic disorders, and a growing clinical need for accurate metabolic assessment. In fact, the use of indirect calorimeters for proper diagnosis and effective disease management is a major driver in this sector.

The sports and fitness segment is expected to be the fastest-growing one. Accurate measurements of energy expenditure are of interest due to the dynamic growth of interest in personalized fitness and nutrition among athletes and various groups of people concerned with physical fitness, optimizing training, and dietary plans.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Indirect Calorimeter Industry. Request a Free Sample PDF!

Indirect Calorimeter Market Type Segment Analysis

According to Cognitive Market Research, In 2023, the Indirect Calorimeter Market is dominated by the Standalone segment. Standalone indirect calorimeters are advanced and very commonly used in both clinical and research setups due to the comprehensive data analysis they provide. More than this, their provision of precise measurements and detailed metabolic assessments is what dominates the market in general.

The portable segment is growing at the fastest rate as a growing number of health-conscious individuals seek convenience and mobility in health monitoring. Portable indirect calorimeters are used in quite flexible settings like homes, gyms, and outdoors. This factor, in addition to the growing interest attached to it, makes it appealing for healthcare professionals and fitness-conscious, therefore finding many takers and capturing the market fast.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Indirect Calorimeter End-user Segment Analysis

Indirect Calorimeter Market End-user Segment Analysis

According to Cognitive Market Research, Hospitals represent the largest share of the indirect calorimeter market. This is due, to a great extent, to the high demand for accurate metabolic assessments in patient care with respect to the management of obesity, nutritional status, and a raft of metabolic disorders. This makes hospitals a major buyer for this type of equipment, as they have the resources and infrastructure to adopt advanced calorimetry devices as part of diagnostic and treatment protocols.

The Diagnostic Centers segment is growing at the fastest growth rate. With increasing numbers of people coming for specialized metabolic assessment and personalized health solutions, diagnostic centers are showing a rising interest in indirect calorimeters. This rapid growth of the segment can be attributed to diagnostic centers' concentration on delivering customized services and rising awareness about metabolic health.

• Diagnostic Centers
• Hospitals
• Others

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

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Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

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