Body Composition Analyzers Market growth rate and Business revenue in the upcoming years, future forecast till 2024. This research study includes current and future trends of the market which also includes in-depth knowledge about the market with various other segmentations.
According to a new market research report “Body Composition Analyzers Market by Product (Bio-impedance analyzer/DEXA/Skinfold calipers/ADP/Hydrostatic weighing), & End-users (Hospitals/Fitness & wellness centers/Academic & Research Center/Home-users) — Analysis & Global Forecasts”, published by MarketsandMarkets
The Body Composition Analyzers Market is expected to reach the US $668.1 million, at a CAGR of 12.7% during the forecast period.
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The global Body Composition Analyzers Market is segmented based on product type, end users and region.
Body composition analyzers market, by product
- Bio-Impedance Analyzers
- Dual-Energy X-Ray Absorptiometry (DEXA)
- Skinfold Calipers
- Air Displacement Plethysmography (ADP)
· Hydrostatic Weighing (HWD)
Over the years, technological advancements and ease of operations have enabled the use of body composition analyzers at home. Measuring fat percentage is an important tool in weight management. The use of body composition analyzers by home-users has been made simpler due to the development of products that offer complete body composition analysis without professional help. Bio-impedance analyzers provide various body composition values, such as lean body weight, body mass index, basal metabolic rate, and total body water, among other factors.
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Based on the region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is expected to account for the largest share of the body composition analyzer market. Its large share can be attributed to rising obesity rates and increasing health clubs and fitness centers in the U.S. However, the Asia-Pacific market is slated to grow at the highest CAGR during the forecast period due to rising trend of overweight and obesity in China, and foothold of local players in Japan.
Critical questions the report answers:
- Where will all these developments take the industry in the mid to long term?
- What are the upcoming applications for body composition analyzers?
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The major players in Body Composition Analyzers Market include InBody Co., Ltd (South Korea), Tanita Corporation (Japan), Omron Corporation (Japan), Hologic, Inc. (U.S.) and GE Healthcare (U.S.) among others.