Global Body Composition Analyzers Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Bio impedance Analyzer, Skinfold Callipers, Hydrostatic Weighing Equipment, Air Displacement Plethysmography, Dual Energy X-Ray Absorptiometry, Others), By Compartment Model Type (Two-Compartment Model, Three-Compartment Model, Multi-Compartment Models), By End User (Hospitals, Fitness Clubs & Wellness Centers, and Home Users), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
Industry: HealthcareGlobal Body Composition Analyzers Market Insights Forecasts to 2033
- The Global Body Composition Analyzers Market Size was Valued at USD 434.89 Million in 2023.
- The Market Size is Growing at a CAGR of 4.20% from 2023 to 2033
- The Worldwide Body Composition Analyzers Market Size is Expected to Reach USD 656.09 Million by 2033
- Asia-Pacific expected to Grow the fastest during the forecast period
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The Global Body Composition Analyzers Market Size is Anticipated to Exceed USD 656.09 Million by 2033, Growing at a CAGR of 4.20 % from 2023 to 2033.
Market Overview
Body composition analysis breaks down the body into its component elements, including minerals, fat, protein, and body water. Furthermore, a body composition analyzer is a device that is used to measure the various components in the body. This analyzer competently analyses the weight, weight percentage, and body mass index (BMI) from fat, muscle, bone, and water. As compared to traditional methods, it assesses weight and gives a more accurate picture of general health. Moreover, it facilitates the examination of the cumulative changes in body composition over a specific time. Furthermore, it is used in determining the likelihood of developing specific conditions like skin fold measures and abdominal obesity. In addition, specific body composition analyzers can be used to control the risk of developing certain diseases such as abdominal and truncal obesity. Along with this, the growing number of obese people and the rise in government measures to encourage healthy living are expected to fuel growth in the worldwide body composition analyzers market. Features like total body water, protein, minerals, weight, skeletal muscle mass, BMI, body composition history, and obesity assessment are included in body composition analyzers. Therefore, increasing the number of weight loss clinics and the growing fitness centers are strongly inducing the global body composition analyzers markets during the forecast period.
Report Coverage
This research report categorizes the market for the global body composition analyzers market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global body composition analyzers market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global body composition analyzers market.
Global Body Composition Analyzers Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 434.89 Million |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 4.20% |
2032 Value Projection: | USD 656.09 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Product Type, By Compartment Model Type, By End User, By Region and COVID-19 Impact Analysis. |
Companies covered:: | Bodystat Ltd., COSMED Srl, Hologic, Inc., RJL Systems, Inc., SELVAS AI Inc., Omron Corporation, Seca GmbH & Co.Kg., General Electric Company, Inbody Co., Ltd., Tanita Corporation and Other Key Vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
Government initiatives & investment in healthcare to promote a healthy lifestyle are driving factors for the global body composition analyzers markets during the forecast period. Furthermore, the increasing prevalence of obesity and metabolic disorders globally is expected to boost the demand for body composition analyzers to track health improvement. Moreover, the government has organized new campaigns for the awareness of health and fitness to contribute the market growth. In addition, the increasing number of cases of obesity in adults and children to various causes such as lack of exercise, high blood pressure, high blood cholesterol, and diabetes mellitus. Moreover, the market is growing because of trends in the fitness sector, namely the popularity of customized fitness programs and the emphasis on body composition rather than just weight. Therefore, increasing the prevalence of metabolic syndrome will drive the global body composition analyzers market during the forecast period.
Restraining Factors
The primary causes of the delayed acceptance of this product by many are the high equipment cost and lack of knowledge are expected to restrain the global body composition analyzers market. Additionally, varying results are expected to hamper market growth. Moreover, the lack of reimbursement rules in numerous regions regarding body composition analysis methods could potentially impede healthcare provider’s ability to invest in costly equipment. Hence, hindering the growth of the market during the forecast period.
Market Segmentation
The global body composition analyzer market share is classified into product type, compartment model type, end user, and region
- The bio impedance analyzer segment is expected to hold the largest share of the global body composition analyzers market during the forecast period.
Based on the product type, the global body composition analyzers market is divided into bio impedance analyzer, skinfold callipers, hydrostatic weighing equipment, air displacement plethysmography, dual energy x-ray absorptiometry, and others. Among these, the bio impedance analyzer segment is expected to hold the largest share of the global body composition analyzers market during the forecast period. Moreover, the public's growing awareness of healthy living, the availability of bio-impedance analyzers at an affordable price, their ease of use, and their increased accuracy over other body composition analyzers. In addition, a bio impedance analyzer is used for measuring body fats and lean muscle ratio.
- The two-compartment model is expected to hold the largest share of the global body composition analyzers market during the forecast period.
Based on the compartment model type, the global body composition analyzers market is divided into two-compartment model, three-compartment model, and multi-compartment models. Among these, the two-compartment model segment is expected to grow at the fastest pace in the global body composition analyzers market during the forecast period. Furthermore, depending on the particular drug being investigated and the objectives of the investigation, compartment models are used frequently in pharmacokinetics. However, the two-compartment model is commonly used in pharmacokinetic investigations and is sometimes regarded as the conventional or default model.
- The fitness clubs & wellness centers segment is expected to hold the largest share of the global body composition analyzers market during the forecast period.
Based on the end user, the global body composition analyzers market is divided into hospitals, fitness clubs & wellness centers, and home users. Among these, the fitness clubs & wellness centers segment is expected to grow at the greatest pace in the body composition analyzers market in the forecast period. Furthermore, the global obesity epidemic, an increase in gyms and fitness centers, and a rise in health consciousness have all contributed to the market expansion for body composition analyzers. Additionally, the market is growing as a result of a rise in government measures to support healthy lifestyles during the forecast period.
Regional Segment Analysis of the Global Body Composition Analyzers Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- Latin America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the global body composition analyzers market over the predicted timeframe.
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North America is projected to hold the largest share of the global body composition analyzers market over the predicted years. Furthermore, this region has a well-established healthcare infrastructure and continuously invests & innovates new techniques with R&D initiatives related to the development department of the body composition. Moreover, the introduction & acceptance of new technologies and high disposable income drive the growth of the market in North America. Moreover, the growing prevalence of obesity, improvements in equipment and technology, increased funding for obesity research, and the concentration of market competitors in the region. Additionally, increasing awareness about fitness and the importance of bodily activities is likely to offer favorable conditions for the global body composition analyzers market growth during the forecast period.
Asia Pacific is accounted to grow the fastest period because of the rapidly growing healthcare industry. Furthermore, a rise in chronic illnesses is probably going to drive the body composition analyzer market's expansion. Moreover, the growing awareness of health and fitness among the population in countries like China, Japan, India, South Korea, and Australia is driving the demand for body composition analyzers. In addition, government initiatives to encourage healthy living and combat obesity may also stimulus the adoption of body composition analyzers in the healthcare and fitness sectors.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global body composition analyzers market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Bodystat Ltd.
- COSMED Srl
- Hologic, Inc.
- RJL Systems, Inc.
- SELVAS AI Inc.
- Omron Corporation
- Seca GmbH & Co.Kg.
- General Electric Company
- Inbody Co., Ltd.
- Tanita Corporation
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In January 2023, InBody reported providing body composition analysis devices to the United States Marine Corps. The business will provide InBody's bioelectrical impedance analysis (BIA) technology devices to evaluate the fitness of marines.
- In April 2022: InBody, a company specializing in body composition technology, launched the BWA 2.0 body water analyzer, which provides data on how body composition and body water affect well-being.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global body composition analyzers market based on the below-mentioned segments:
Global Body Composition Analyzers Market, By Product Type
- Bio impedance Analyzer
- Skinfold Callipers
- Hydrostatic Weighing Equipment
- Air Displacement Plethysmography
- Dual Energy X-Ray Absorptiometry
- Others
Global Body Composition Analyzers Market, By Compartment Model Type
- Two-Compartment Model
- Three-Compartment Model
- Multi-Compartment Models
Global Body Composition Analyzers Market, By End User
- Hospitals
- Fitness Clubs & Wellness Centers
- Home Users
Global Body Composition Analyzers Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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