Lucintel Forecasts Body Composition Analyzer Market to Grow a CAGR of 12%-13%
According to the recent study the body composition analyzer market is projected to grow at a CAGR of 12%-13% from 2020 to 2025. Growth in this market is primarily driven by growing obese population, growing health and fitness consciousness, increasing government initiatives to encourage physical activity and technological advancements.
Browse 150 figures / charts and 130 tables in this 200 -page report to understand trends, opportunities and forecast in body composition analyzer market by end user (hospitals, fitness clubs and wellness centers, academic & research centers, and home users), product type (bio-impedance analyzers, dual energy x-ray absorptiometry equipment, skinfold calipers, air displacement plethysmography equipment, hydrostatic weighing equipment), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Bio-impedance analyzers market is expected to remain the largest segment during the forecast period.”
Based on product type, the body composition analyzer market is segmented into bio-impedance analyzers, dual energy x-ray absorptiometry equipment, skinfold calipers, air displacement plethysmography equipment, and hydrostatic weighing equipment. Lucintel forecasts that the bio-impedance analyzers is expected to witness the largest segment over the forecast period due to the benefits of these products over other body composition analyzers, such as easy operations, low cost, and better accuracy.
“Within the body composition analyzer market, the hospitals segment is expected to remain the largest end use”
Based on end use, the hospitals segment is expected to witness the largest end use over the forecast period.
“North America will dominate the body composition analyzer market in near future”
North America is expected to be the largest region over the forecast period due to rising obesity rates and increasing health clubs and fitness centers.
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Major players of body composition analyzer market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. InBody Co. Ltd., Tanita Corporation, Omron Corporation, Hologic, Inc., Bodystat Ltd., RJL Systems Inc, SELVAS AI Inc., and GE Healthcare, and others are among the major body composition analyzer providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/body-composition-analyzer-market.aspx or helpdesk@lucintel.com
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Contact:
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Lucintel
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