Body composition
analysis is the process to evaluate the amount of fat, muscle, and bone in the
body. It gives the precise measurement of body fat in relation to lean body
mass. Evaluation of body composition is essential in order to determine the
risks associated with high or low levels of body fat. The growth of the
overall Body Composition Analyzers market can be contributed to rise in obese
population across the globe, growing health and fitness consciousness among
people, increasing government initiatives to encourage physical activity and
technological advancements.
According to the 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™.
Revenue
Growth Opportunities:
Body Composition Analyzers Market is projected to reach $668.16
Million, growing at a CAGR of 12.7%, during the forecast period.
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Market
Segmentation in-Detailed:-
The key drivers
in the market are growing obese population, growing health and fitness
consciousness among people, increasing government initiatives to encourage
physical activity and technological advancements.
Based on product, the market is segmented into
bio-impedance analyzer, dual energy X-ray absorptiometry (DEXA), skin fold
Calipers, air displacement plethysmography (ADP) and hydrostatic weighing. The
bio-impedance analyzer is expected to account for the largest share of the
market, by product in 2016 and is expected to grow at highest CAGR. This
large share can be attributed to the simplicity, low cost, and better accuracy
as compared to other body composition analyzers.
Based on end users, the market is segmented into
hospitals, fitness clubs and wellness centers, academic and research centers.
In 2016, hospitals segment is estimated to account for the largest share of the
body composition analyzer market, by end-users in 2016 and is expected to grow
at highest CAGR. The growth of this segment can be attributed to the rise in
osteoporosis cases, increasing adoption of body composition analyzers to assess
the nutritional status in patients and increasing health consciousness among
masses.
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Research Sample Pages:
Worldwide
Geographical Segmentation in-detailed:
The Body Composition Analyzers Market
is segmented into four regional segments, namely, North America, Europe, the
Asia Pacific, and the Rest of the World. 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.
Leading Key
Players in the Worldwide Industry:
The major players operating in
the Body Composition Analyzers Market are InBody
Co., Ltd (South Korea), Tanita Corporation (Japan), Omron Corporation (Japan),
Hologic, Inc. (U.S.) and GE Healthcare (U.S.) among others.
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