Body Composition Analyzers Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4168
Body Composition Analyzers Market size is projected to experience significant growth from 2019 to 2025.
Growing incidence of obese population across the globe owing to adoption of unhealthy lifestyle habits such as consumption of fatty foods and alcoholism is expected to impel the growth of body composition analyzers market. According to the World Health Organization, in 2016, more than 1.9 billion adults, 18 years and above were overweight, among that more than 650 million were obese. However, in the same year 41 million children under the age of 5 were obese or overweight. Thus, the growing demand for body composition analyzers to keep the track of fitness is expected to foster the growth of the market in the upcoming years.
Technological advancements in body composition analyzers are further driving the growth of the market positively. This is attributed to the fact that various vendors are developing and providing smart and light body composition analysis machines to overcome competition. Furthermore, significant transitions from original pencil-beam densitometers to the narrow fan-beam densitometers that are available presently are anticipated to spur the growth of the market over the forecast period.
Growing health and fitness awareness among people and increase in health club memberships is also impelling the growth of the market. According to the World Health Organization, in 2018, more than 80% of the world’s adolescent population is inadequately physically active. Hence, the community wide campaigns through tv, radio, and newspapers regarding health and fitness assist in managing and mitigating chronic health diseases, cholesterol and high pressure. Thus, due to these developments, it is expected to witness a significant traction towards body composition analyzers that further would boost the growth of the market.
However, some of the factors such as high cost equipment and inconsistency in reading of various body composition analyzers are factors anticipated to restrain the growth of the global body composition analyzers market.
Bio-Impedance Analyzers segment is dominating the body composition analyzer market. This is owing to the availability and affordability of equipment to estimate the body composition. Furthermore, growing usage of the instrument in life-critical healthcare applications for monitoring renal function, lung and different treatment procedures are further fostering the growth of the segment market.
Fitness centers segment is expected to witness the lucrative growth over the forecast period. This is attributed to the growing number of fitness centers coupled with the growing awareness among people regarding body composition analyzers. Therefore, the growing demand for body composition analyzers at wellness centers and gym not only measures the amount of body fat for weight loss but also offers complete body composition assessment to maintain health.
North America is currently dominating the body composition analyzers market in the region and is attributed to the couple of factors such as rising awareness regarding health and fitness and strong initiatives from the government to promote healthy lifestyle are some of the factors that are propelling the growth of the market in the region.
Asia pacific is expected to witness the lucrative growth over the forecast period. The key factors such as growing number of obese populations, adoption of unhealthy lifestyle and growing number of chronic diseases due to obesity are driving the growth of the market in the region.
Few of the key companies operating in body composition analyzers market include InBody Co., Ltd, Tanita Corporation, Omron Corporation, Hologic, Inc., GE Healthcare, SELVAS AI Inc., Seca GmbH & Co.Kg., General Electric Company. These players have been engaging into mergers or acquisition to expand their product portfolios and reinforce their market position.
Body Composition Analyzer Market by Product, 2014-2025 (USD Million)
- Bio-Impedance Analyzers
- Dual-Energy X-Ray Absorptiometry (DEXA)
- Skinfold Calipers
- Air Displacement Plethysmography (ADP)
- Hydrostatic Weighing (HWD)
Body Composition Analyzer Market by End-use, 2014-2025 (USD Million)
- Fitness centers
- Academic & Research centers
- Home users
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
- InBody Co., Ltd
- Tanita Corporation
- Omron Corporation
- Hologic, Inc.
- GE Healthcare
- SELVAS AI Inc.,
- Seca GmbH & Co.Kg.
- General Electric Company
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