Body Composition Analyzers Market Size, Share and Growth Analysis
Body Composition Analyzers Market Size and Growth Rate:
Body Composition Analyzers Market is projected to reach USD 1,790.50 million by 2024 from USD 998.36 million in 2016 growing at a CAGR of 7.6% during the forecast period 2016 to 2024.
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Body Composition Analyzers Market Growth Drivers and Restraints:
The body composition analyzers have experienced significant growth in the fitness industry thanks to the results provided by the analyzers in gyms and other fitness centers. The other factor that stimulates the growth of the market is the growing number of obese people and the diseases associated with them. The factors that inhibit the growth of the global market include the lack of quality products, the inaccuracy of the different analyzers and the high cost of the equipment, which hinders the growth of the market of body composition analyzers.
Geographical Analysis of Body Composition Analyzers Market:
It is expected that the body composition analyzer market will grow in the next few years in the Asia-Pacific region, due to the increase in the obese population in countries such as Japan and China.
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Key Players of Body Composition Analyzers Market:
The major market players in the global body composition analyzers market include Tanita, GE Healthcare, Omron Healthcare, Inc., AccuFitness, LLC, Bodystat, Beurer GmbH, InBody Co., Ltd., Global Bodies, Jawon Medical, Maltron International Ltd., Hologic, Inc., Cosmed and Seca.
Body Composition Analyzers Market Segmentation:
By Product:
- Bio impedance Analyzers (BIA)
- Dual-Energy X-Ray Absorptiometry (DEXA)
- Skinfold Calipers
- Air Displacement Plethysmography
- Hydrostatic Weighing (HwD)
- Ultrasound Body Composition
By End User:
- Health Clubs
- Hospitals and Clinics
- Corporate Settings
- Medical Research
- Universities
By Region:
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
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