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In 2018, Cosmed Srl, one of the key market players in the global indirect calorimeter market, launched an advanced metabolic monitor for estimating energy expenditure named Q-NRG. The newly designed system is capable of measuring expired volume, Carbon Dioxide (Co2) production, Oxygen (O2) consumption and all other related metabolic activities. The indirect calorimeter is a non-invasive practice that provides a concise measurement of resting energy expenditure through which one can analyze an overview of the metabolism process of an individual.
Combined with this, indirect calorimeter also provides information about various aspects such as thermogenesis, nutritional support, the energy involved in the physical exercise and nutrient assimilation. In order to evaluate the energy expenditure, indirect calorimeter uses one of the approaches such as open-circuit approach, closed-circuit approach, confinement approach, and total collection approach. Certain conditions such as exposure to cold, stress & illness, pregnancy, prolonged fasting, and excessive consumption of sedative drugs are responsible for fluctuations in resting energy expenditure.
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The global indirect calorimeter market is expected to grow with a higher pace owing to the growing prevalence of illness in neonatal and pediatric patients. According to the research conducted by the United Nations Children’s Fund (UNICEF), in 2017, an estimated 2.5 million children lost their lives in the first month of their life globally. Moreover, the growing emphasis of huge population pool on health and fitness, modernization in sports training, and higher adoption of indirect calorimeters due to certain benefits offered by the product such as accurate measurement and informative insights are anticipated to boost the growth of the global indirect calorimeters market during the forecast period.
Higher acquisition cost, lower user-friendliness, and higher sensitivity to measurement errors are projected to restrain the growth of the global indirect calorimeter market.
Key players operating in the global indirect calorimeter market are COSMED Srl, Parvo Medics, VYAIRE, General Electric Company, Maastricht Instruments, KORR Medical Technologies, MGC Diagnostics Corporation, Pacific Medico Co. Ltd., and others.
· Stand-Alone Indirect Calorimeter
· Portable Indirect Calorimeter
· Academic Research Centres
· Diagnostic Centres
· North America (the USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Among the segmentation, hospitals are anticipated to hold a major share in the global indirect calorimeter due to higher utilization of the equipment in hospitals, especially in developed countries.
North America and Europe are expected to register higher CAGRs in the global indirect calorimeter market owing to the rising emphasis on preventive care of pediatric patients. Moreover, rapidly modernizing healthcare facilities are projected to offer higher adoption for indirect calorimeter during the forecast period. The Asia Pacific region holds huge opportunity for growth of the global indirect calorimeter market owing to increasing awareness about indirect calorimeters and benefits served by the product. Although the cost associated with the indirect calorimeters is presently high, entering of new market players in the emerging nations is projected to offer competitive pricing strategies, which is further anticipated to boost the growth of the global indirect calorimeter market.
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