Indirect Calorimeter Market- Global Industry Analysis and Forecast (2023-2029) by Type, End-User, and Region

The Indirect Calorimeter Market size was valued at USD 660.6 Mn. in 2022 and the total Indirect Calorimeter revenue is expected to grow at a CAGR of 5.2% from 2023 to 2029, reaching nearly USD 942.11 Mn.
Indirect Calorimeter Market Overview:
In clinical settings, an indirect calorimeter is still the gold standard for assessing energy expenditure. An indirect calorimeter provides a valid scientific method for customizing a patient's energy requirements and nutrient delivery to optimize the advantages of nutrition treatment. Clinicians are increasingly using indirect calorimeters to measure energy expenditure by monitoring pulmonary gas exchanges in patients because of advantages such as ease of use, portability, and affordability. Increased use of indirect calorimeters allows for more personalized patient care, which should lead to better treatment outcomes. As a result, the demand for indirect calorimeters is rapidly increasing.

Recent advancements in indirect calorimeter technology enable precise, non-invasive, and simple IC assessments in both spontaneously breathing and mechanically ventilated patients. Recent investigations have demonstrated that IC enables doctors to adapt the prescription of nutrition support to the metabolic demands of the patient and to monitor the metabolic response to nutrition therapy, resulting in a better clinical outcome in critically sick patients. These findings have increased interest in IC as a tool for improving regular health assessments and prescriptions.

In addition, the rising frequency of disease in newborn and pediatric children is expected to drive the growth of the indirect calorimeter industry. According to studies undertaken by the United Nations Infants' Fund (UNICEF), an estimated 2.5 million children around the world died in their first month of birth in 2020. Additionally, the increased emphasis of the world's population on health and fitness, as well as modernization in sports training, are expected to drive the global indirect calorimeter market throughout the forecast period. However, greater acquisition prices, reduced user-friendliness, and increased susceptibility to measurement mistakes are expected to restrict the global indirect calorimeter market's growth during the forecast period.To know about the Research Methodology :- Request Free Sample Report
Indirect Calorimeter Market Dynamics:
Rising incidence of burn injuries across the world

Burns is a prevalent medical and surgical concern all around the world. It is likely the most debilitating of all wounds, imposing a significant burden on the victim's physical, mental, and social state. Burn injuries are expected to affect over 11 million people globally each year, with 1 million persons in India. According to a recent study, mortality as high as 40.3% among 2499 burn patients was reported. Burns became one of the leading causes of disability in 2021, accounting for more than 8 million disability-adjusted life-years (DALYS). The high prevalence of burn injuries in key global regional segments has resulted in the need for effective burn treatment and management. Thermal injury causes the greatest metabolic response in severely sick individuals. Several mathematical models have been established to assess the dietary needs of the burnt patient. The sole approach regarded as the gold standard for assessing caloric expenditure is indirect calorimetry. As a result, the rising incidence of burn injuries, increasing the need for the indirect calorimeter and driving the indirect calorimeter market growth during the forecast period.High cost of the indirect calorimeter

The indirect calorimeter is a technique for measuring the consumption of oxygen and the production of CO2 in a living human organism in a precise and non-invasive manner. It requires the use of a metabolic cart, which is a sort of cart, used to properly monitor the number of oxygen people breathe and the amount of carbon dioxide they exhale when resting, eating, and performing specific tasks, although ventilator-attached modules are also available. Its most successful application is in patients for whom traditional techniques of determining dietary requirements are insufficient, such as extremely obese individuals and patients suffering from severe injuries or burns. The metabolic cart is expensive. Resting energy expenditure (REE) predictive models are regarded to be incorrect, while traditional indirect calorimetry is costly and rarely accessible for clinical application. As the result, the high cost of the indirect calorimeter is expected to restrain the indirect calorimeter market growth during the forecast period.
Indirect Calorimeter Market Segment Analysis:
Based on Type, the Portable segment dominated the global indirect calorimeter market with the largest market share in terms of value and volume in 2022. The segment is further expected to grow at a CAGR of 4.9% during the forecast period. The potential benefits of using portable indirect calorimetry as a measurement for resting energy expenditure, and caloric intake needs, rising the demand for portable indirect calorimeters during the forecast period. Small, portable handheld calorimeters, such as the MedGemTM device, provide a third clinical measuring alternative for REE. The MedGem is an indirect calorimeter that monitors resting oxygen consumption (VO2) and calculates REE using a modified Weir equation. Thanks to the devices, it is more cost-effective than gas analyzers or direct calorimetry devices, collect data quickly, and require little training. Although the device has been validated in children, adolescents, and adults, certain studies have raised concerns about its accuracy in children, particularly those who are overweight or obese. These factors may restrict segment growth during the forecast period.Based on End-user, the hospital segment held the largest share of 48% and dominated the global indirect calorimeter market in 2022. The segment is expected to maintain its dominance at the end of the forecast period. In hospitals, indirect calorimetry monitors the gases in the air that one exhales to calculate how many calories one's body burns at rest. Indirect calorimetry (IC) is the gold standard for evaluating calorie requirements. IC is often utilized in all tertiary care hospital patients, with a focus on those with obesity-related data. The use of IC can be utilized to target nutritional goals since both protein and AC/REE (administered calories to resting energy expenditure ratio) indicate a trend toward improved survival at the expense of a longer duration of stay. Contrary to popular belief, parenteral feeding has a protective effect. Fuji Medical Science, a major leader in this industry with products in calorimetry and artificial environment control rooms, is stepping up R&D collaboration in East Asia to lead the way in the treatment of aging and lifestyle disorders. With the existence of large medical device firms focusing on hospitals as the key end-user, it is expected to gain market share throughout the forecast period.
Indirect Calorimeter Market Regional Insights:
The North American regional market dominated the global indirect calorimeter market with the largest share in terms of value and volume in 2022. The region is expected to maintain its dominance at the end of the forecast period. The region's increasing obese population is expected to be the key growth driver for the regional industry. In addition, growing healthcare infrastructure, rising investment in the healthcare industry and R&D sector, increasing adoption of technologically advanced equipment, and the presence of key players in the region are the factors also contributing to overall North American indirect calorimeter market growth.

Another major growth driver is the presence of a well-established healthcare infrastructure and the growing awareness of the region's amenities for obese people. The United States has the highest market share in North America in 2022. Obesity is becoming increasingly common in the United States. The Centers for Disease Control and Prevention (CDC) estimates that 39.8% of American adults are obese in 2018. Obesity is frequently the underlying cause of many ailments, and people with this history seek treatment at hospitals. As a result, indirect calorimeters are increasingly being used for therapies involving these patients. And driving the regional indirect calorimeter market growth.The Asia-Pacific region is expected to grow at a CAGR of 4.5% during the forecast period. The rising geriatric population, rising overweight population, and increasing incidence of burn injuries in the region are expected to be the primary growth drivers for the market. In addition, the rising healthcare industry, increasing government initiatives to boost the healthcare industry, and the growing need for advanced equipment is further expected to drive the indirect calorimeter market growth during the forecast period. An ongoing academic initiative to develop a new indirect calorimeter that aims at providing innovative and affordable technical solutions for many of the current limitations of IC in Asian countries is expected to offer a lucrative opportunity for market growth.
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Indirect Calorimeter Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 660.6 Mn.


Forecast Period 2023 to 2029 CAGR:
5.2%
Market Size in 2029:
US $ 942.1 Mn.


 Segments Covered:
by Type
• Standalone
• Portable


by End-user
• Hospital (Critical Care)
• Diagnostic Centers
• Research Institutes
• Others


by Application
• Medical
• Sports and Fitness



Indirect Calorimeter Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Indirect Calorimeter Market Key Players are:
• Yokogawa Electric Corporation
• Azbil Corporation
• RIKEN KEIKI Co. Ltd.
• ABB
• UNION Instruments GmbH
• COSA XENTAUR
• Shimadzu Corporations
• Hobré Instruments B.V.
• HOVERLABS
• Microlife USA
• KORR Medical Technologies
• Parvo Medics
• Cosmed srl
• Pacific Medico Co.Ltd.
• Maastricht Instruments BV
• MGC Diagnostics
• Vyaire Medical
• Breezing
• General Electric
• Summit Healthcare Pvt. Ltd.
• Lumen
• TSE Systems

FAQs:

1. What are the growth drivers for the Indirect Calorimeter market?
Ans. The rising frequency of disease in newborn and pediatric children, the increased emphasis of the world's population on health and fitness, as well as modernization in sports training are expected to be the major driver for the Indirect Calorimeter market.

2. What is the major restraint for the Indirect Calorimeter market growth?
Ans. The greater acquisition prices, reduced user-friendliness, and increased susceptibility to measurement mistakes are expected to be the major restraining factor for the Indirect Calorimeter market growth.

3. Which region is expected to lead the global Indirect Calorimeter market during the forecast period?
Ans. The North American market is expected to lead the global Indirect Calorimeter market during the forecast period due to growing healthcare infrastructure, rising investment in the healthcare industry and R&D sector, increasing adoption of technologically advanced equipment, and the presence of key players in the region.

4. What is the projected market size & growth rate of the Indirect Calorimeter Market?
Ans. The indirect Calorimeter Market size was valued at USD 660.6 Mn. in 2022 and the total Indirect Calorimeter revenue is expected to grow at a CAGR of 5.2% from 2023 to 2029, reaching nearly USD 942.1 Mn.

5. What segments are covered in the Indirect Calorimeter Market report?
Ans. The segments covered in the Indirect Calorimeter market report are Type, End-user, and Region.