Body Composition Analyzers Market In-depth Analysis Report, Covering Companies Like (Omron Healthcare, Inc., Selvashealthcare, Bodystat, Hologic, Inc., GE Healthcare, COSMED)
Body composition analyzer is used to analyses the percentages of fat, bone, water and muscle in human bodies. Because muscular tissue takes up less space in our body than fat tissue, our body composition, as well as our weight, determines leanness. Two people of the same sex and body weight may look completely different because they have a different body composition.
The study projects that the Body Composition Analyzers market will register a 6.26% CAGR in terms of revenue, which is expected to reach USD 1,386 million in 2026 from USD 906 million in 2019.
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Body Composition Analyzers Market: Type Outlook
l Bio-Impedance Analyzers
l Dual-Energy X-Ray Absorptiometry
l Skinfold Calipers
l Air Displacement Plethysmography
l Hydrostatic Weighing
Body Composition Analyzers Market: Application Outlook
l Hospitals
l Fitness centers
l Academic & Research centers
l Home users
Body Composition Analyzers Market: Region Outlook
l North America (U.S., Canada, Mexico)
l Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe
l Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
l Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries.
l Others
Highlight: Key Trends of the Global Body Composition Analyzers Market
A Large Number of Obese Patients
The rising obese population across the globe is one of the major factors driving the body composition analyzers market growth. Subsequently, the increasing percentage of the obese population and the obese population’s vulnerability to lifestyle disorders are expected to significantly drive the global market. An increase in health club memberships, significant efforts by the government to promote a healthy lifestyle, and a rise in health awareness among the general population are also anticipated to boost the growth of the body composition analyzers market. Added to above, emerging economies, such as India and China, are anticipated to provide lucrative growth opportunities to the key market players during the forecast period.
One of the key body composition analyzers market trends is technological advancements in body composition analyzer products, which will contribute to market growth. Market vendors are developing and offering smart and light body composition analysis machines to overcome competition. Other advancements include the transition from the original pencil-beam densitometers to the currently available narrow fan-beam densitometers. Yet, high-cost equipment and inconsistency in the reading of various body composition analyzers are factors anticipated to restrain the growth of the global body composition analyzers market.
North America – The Largest Regional Market
The global body composition analyzers market is dominated by the North American region, with sales accounting for 42.33% of the world in 2018. Growth in North America can be attributed to rising obesity rates, the increase in the investments made by the government, and an increase in the number of health clubs and fitness centers to encourage people to stay fit. The body composition analyzers market is expected to grow in the coming years in the Asia Pacific region, owing to the rise in the obese population in countries such as Japan and China.
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Bio-Impedance Analyzer - is Poised to Grow at the Highest CAGR
On the basis of product, the market is segmented into Bio-Impedance Analyzers, Dual-Energy X-Ray Absorptiometry, Skinfold Calipers, Air Displacement Plethysmography, and Hydrostatic Weighing. The Bio-Impedance Analyzer is estimated to account for the largest share of the body composition analyzer market and is expected to grow at the highest compound annual growth rate. This large share can be attributable to simplicity, low cost and higher accuracy compared to other body composition analyzers.
The Hospital Segment - is Estimated to Dominate the Market in 2019
On the basis application, the market is segmented into Hospitals, Fitness centers, Academic & Research centers, and Home users. The Hospital segment is estimated to dominate the body composition analyzer market in 2019 and is expected to grow at the highest CAGR. The growth of this segment can be attributed to the rise in osteoporosis cases, increasing adoption of body composition analyzers to assess the nutritional status in patients and increasing health consciousness among masses.
Leading Company for Driving Industry development
The body composition analyzers market is moderately fragmented. The market is growing at a steady pace and moving towards concentration, making the competition intense. To overcome competition, the vendors are focusing on introducing technologically advanced products that are lighter and portable in nature. The leading companies in Body Composition Analyzers market are Omron Healthcare, Inc., Selvashealthcare, Selvashealthcare, Bodystat, Hologic, Inc., GE Healthcare, COSMED, Beurer, Seca, RJL SYSTEMS, Maltron International Ltd., Laica SpA, and etc.
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Body Composition Analyzers Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Body Composition Analyzers Market by Types
4 Segmentation of Body Composition Analyzers Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Body Composition Analyzers Market in Major Countries
7 North America Body Composition Analyzers Landscape Analysis
8 Europe Body Composition Analyzers Landscape Analysis
9 Asia Pacific Body Composition Analyzers Landscape Analysis
10 Latin America, Middle East & Africa Body Composition Analyzers Landscape Analysis
11 Major Players Profile
11.1 Omron Healthcare, Inc.
11.1.1 Omron Healthcare, Inc. Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Selvashealthcare
11.3 Bodystat
11.4 Hologic, Inc.
11.5 GE Healthcare
11.6 COSMED
11.7 Beurer
11.8 seca
11.9 RJL SYSTEMS
11.10 Maltron International Ltd.
11.11 Laica SpA
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Key Stakeholders
l Body Composition Analyzers manufacturers
l Traders, distributors, and resellers of Body Composition Analyzers
l Body Composition Analyzers industry associations and research organizations
l Technology providers
l Product managers, Body Composition Analyzers industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
Years considered for the study
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
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