Body Composition Analyzers Market is expected to grow to USD 689.53 million in 2

Posted by rohan on November 17th, 2017

According to the report Global Body Composition Analyzers Market, published by Market Data Forecast, the Global market was worth USD 372.6 million in 2016 and it is projected to reach USD 689.53 million by 2021, at a CAGR of 13.1% from 2016 to 2021.

Body Composition is a term used to describe the different components related to the body that together make up a person's body weight. Lean tissues, such as muscle, bone, and organs are metabolically active, while adipose tissue is not. Different methods are adopting for assessing the percentage of fat and lean mass of an individual. These methods can be termed as Body Composition Analysis.

The most preferred methods for determining body composition is hydro densitometry or hydrostatic weighing. But due to the complexity and complicated nature of these methods, most physiologists use simple skinfold measurements to determine body fat percentage. Skinfold measurements are the most commonly used method which are accurate up to 98% when performed by a skilled tester.

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Global Body Composition Analyzers Market: Drivers & Restraints

Large obese patient pool, change in lifestyle, increasing awareness for good health and fitness, rising demand for sports and fitness, increasing metabolic disorders and increasing government/WHO initiatives are the key market drivers for Global Body Composition Analyzer market. However, High cost equipment, lack of awareness in rural areas and limited number of professionals are hindering the growth of the market.

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Global Body Composition Analyzers Market: Segmentation

• By Product
• Bio-Impedance Analyzers
• Dual Energy X-Ray Absorptiometry Equipment
• Skinfold Callipers
• Air Displacement Plethysmography
• Hydrostatic Weighing Equipment
• By End User
• Hospitals
• Fitness Clubs and Wellness Centres
• Academic & Research Centres
• Home Users

Global Body Composition Analyzers Market: Overview

Body fat can also be estimated by various types of body fat analyzers called impedance meters and cross-sectional imaging methods such as magnetic resonance imaging (MRI) and computerized tomography (CT). Results from portable body fat analyzers is depend on quality of the device and how hydrated you are when the measurement is taken. Imaging methods can provide the most precise body composition measurements, especially for intra-abdominal fat measurement. Depending on the information desired, physician can determine the optimal type of body fat measurement.

Global Body Composition Analyzers Market: Region-wise Outlook

The market has been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. As of 2016, North America leads the market, accounting for the major global market share, owing to the deeper technological integration and market access. Europe comes in second in terms of market share. However, Asia-Pacific is expected to expand at the highest CAGR during the forecast period majorly because of the increasing health and fitness awareness among a huge population base and rising disposable incomes.

Key Questions Answered

• What is the current and future Global Body Composition Analyzers Market? What trends are affecting the Global market?
• What is the competitive landscape and market share of major players in the Body Composition Analyzers market in the world?
• What are the key, high growth markets that Body Composition Analyzers manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the Body Composition Analyzers currently on the market? How will emerging technologies fulfil these unmet needs?
• What is physician perception and market outlook of the Body Composition Analyzers?
• What are the challenges and barriers that have hindered widespread adoption of Body Composition Analyzers?

Global Body Composition Analyzers Market: Key Players

The significant players in the Global Body Composition Analyzers Market are InBody Co., Ltd (South Korea), Tanita Corporation (Japan), Omron Corporation (Japan), Hologic, Inc. (U.S.) and GE Healthcare (U.S.) among others.

Reasons to buy Global Body Composition Analyzers Market Report:

• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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