What is the market size of Body Composition Analyzers?
- CAGR: 4.5%
- Current Market Size: USD 398.22 Million
- Forecast Growing Region: APAC
- Largest Market: North America
- Projection Time: 2020– 2030
- Base Year: 2019
- Report Key Pointer: COVID-19 Outbreak & Impact
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Key Takeaways:
- Market Growth: The Body Composition Analyzers market has been experiencing significant growth in recent years. This growth can be attributed to increasing awareness about health and fitness, rising obesity rates, and a growing focus on preventive healthcare.
- Technological Advancements: Advances in technology have led to the development of more accurate and versatile body composition analyzers. These analyzers utilize methods like bioelectrical impedance, dual-energy X-ray absorptiometry (DEXA), air displacement plethysmography (ADP), and infrared interactance to measure body fat, muscle mass, bone density, and other relevant metrics.
- Fitness and Wellness Industry: The fitness and wellness industry’s expansion has been a major driver for the adoption of body composition analyzers. These devices are used by fitness enthusiasts, athletes, and individuals seeking to monitor their progress and tailor their workouts and nutrition plans.
- Medical Applications: Body composition analyzers are also extensively used in clinical and medical settings. They provide valuable insights for healthcare professionals in areas such as monitoring malnutrition, assessing patients’ response to treatments, and tracking changes in body composition for various medical conditions.
- Obesity Management: With the global obesity epidemic, body composition analyzers play a crucial role in helping individuals manage their weight effectively. These devices help individuals understand their body composition and set realistic weight loss or management goals.
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Key Findings of Study:
- Based on product, the bio-impendence segment is expected to experience rapid growth in the market and is projected to grow at a CAGR of 5.6% from 2021 to 2030.
- By end user, the fitness clubs & wellness centers segment held the largest market share in 2020, and is expected to remain dominant throughout the forecast period.
Key players in the industry-
- Bodystat Ltd.
- COSMED Srl
- General Electric Company (GE Healthcare)
- Hologic, Inc.
- Inbody Co., Ltd.
- Omron Corporation
- RJL Systems, Inc.
Market Segmentation:
Technology Type:
- Bioelectrical Impedance Analysis (BIA)
- Dual-Energy X-ray Absorptiometry (DEXA)
- Air Displacement Plethysmography (ADP)
- Bioimpedance Spectroscopy (BIS)
- Skinfold Calipers
- Infrared Interactance
- Other Technologies
End-User:
- Fitness and Wellness Centers
- Hospitals and Clinics
- Home Users
- Academic and Research Institutes
- Sports and Athletic Organizations
- Corporate Wellness Programs
Product Type:
- Standalone Body Composition Analyzers
- Portable Body Composition Analyzers
- Handheld Body Composition Analyzers
Measurement Type:
- Body Fat Percentage
- Muscle Mass
- Bone Density
- Total Body Water
- Body Mass Index (BMI)
- Lean Body Mass
- Others
Application:
- Fitness and Weight Management
- Medical Diagnosis and Monitoring
- Sports Performance Optimization
- Research Studies
- Nutritional Assessment and Planning
- Others
Age Group:
- Pediatric
- Adult
- Geriatric
Distribution Channel:
- Online Retailers
- Specialty Stores
- Medical Equipment Distributors
- Direct Sales (Manufacturer to End-User)
- Others
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By Regional Analysis:
the market across North America held the lion’s share in 2020, garnering more than two-fifths of the global market. The Asia-Pacific region would cite the fastest CAGR of 5.4% by the end of 2030. The other provinces studied in the report include Europe and LAMEA.
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
- Asia-Pacific (Australia, Japan, China, India, South Korea, Rest of Asia-Pacific)
- LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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- Comprehensive quantitative and qualitative insights at segment and sub-segment level
- Covid 19 impact trends and perspective
- Granular insights at global/regional/country level
- Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
- Blanket coverage on competitive landscape
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