USD 0.67 Billion
Report ID:
SQMIG35A2908 |
Region:
Global |
Published Date: September, 2024
Pages:
163
|Tables:
0
|Figures:
0
Global Body Composition Analyzers Market size was valued at USD 0.67 Billion in 2022 poised to grow from USD 0.73 Billion in 2023 to USD 1.49 Billion by 2031, growing at a CAGR of 9.3% in the forecast period (2024-2031).
Body composition is the analysis of the body’s components such as fat, protein, minerals and body water. A body composition analyser (BCA) is a device used to measure different parts of the body. The body composition analyser can effectively analyse things like weight, BMI as well as percentages of weight that can be made up of fat, muscle, bone and water. Compared to conventional approaches, it assesses weight and offers a more accurate picture of general health. Moreover, it aids in the examination of the cumulative variations in body composition over a given duration.
Moreover, it was used to quantify skin fold thickness and determine the likelihood of getting specific diseases. The rising number of obese people and the rise in government measures to encourage healthy living are expected to fuel growth in the global body composition analyzers market. characteristics such total body water, protein, minerals, weight, skeletal muscle mass, BMI, body composition history, and obesity assessment are all included in body composition analysers. In addition, the market expansion is impeded by the high cost of equipment and the strict regulatory environment surrounding the usage of body composition analysers.
Global Market Size
USD 0.67 Billion
Largest Segment
Bio-impedance Analyzer
Fastest Growth
Skinfold Calipers
Growth Rate
9.3%
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The Global Body Composition Analyzers Market is segmented based on Product Type, End User, Modality, and Region. In terms of Product Type, the market is grouped into Bio-impedance Analyzer, Dual Energy X-ray Absorptiometry Equipment, Skinfold Calipers, Air Displacement Plethysmography Equipment and Hydrostatic Weighing Equipment. Based on the End User, the market is segmented into Hospitals, Fitness Clubs & Wellness Centers and Home Users. Based on Modality, the market is grouped into Portable Body Composition Analyzers and Stationery/Benchtop Body Composition Analyzers. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.
Analysis by Product Type
As per categorization by product type, the market is classified as bio-impedance analyzer, dual energy x-ray absorptiometry equipment, skinfold calipers, air displacement plethysmography equipment and hydrostatic weighing equipment. Among these, bio-impedance analyzer earned the largest share and continues to dominate the market. In the global body composition market, bio-impedance analyzers have reigned supreme owing to their accuracy, non-invasiveness and real time results. Sensor technology advancements as well as improvements in data algorithms have led to increased precision and ease of use thus making them a preferred choice in both medical and fitness applications which drives their widespread acceptance.
The global body composition analyzers market is about to see the rapidest growth rate in dual energy x-ray absorptiometry (DEXA) solidarity due to its exceptional ability to determine body fat percentage and bone density. This advanced technology supplies important information on various health conditions, such as lean mass, fat distribution and bone health-related concerns. The precise abilities of DEXA are causing its fast increase in combination with growing knowledge of osteoporosis and obesity.
Analysis by End User
Fitness clubs and wellness centers are leading the global body composition analyzers market due to their integration of advanced diagnostic tools to tailor fitness and health programs. For this dominance in the sector, an increase focus on personalized wellness plans as well as developments in user-friendly and precise analyzers act to actuate such innovations.
Due to the ever-increasing need for accurate diagnostic gadgets in handling chronic illnesses like severe obesity, the global body composition analyzers market is believed to be experiencing unprecedented growth in hospitals amid patients with chronic illnesses. The latest generation of body composition analyzers presents information about fat distribution, lean mass and bone density making it easier for doctors to provide better medical services. One of the reasons behind their growing popularity in hospitals is their incorporation into regular health check-ups and preventive medicine.
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Due to its advanced healthcare system, high uptake of new technologies and a focus on prevention, North America is dominant in the global body composition analyzers market. There are big investments in research and development in this region which lead to technological progress in body composition analyzers. Again, the rise in the market is also stimulated by a high consumer consciousness related to individualized health care solutions. The well-developed health care structures in North America and the increasing emphasis on fitness and well-being help to sustain its leading status in this sector; hence, it is a major factor in embracing these latest examination instruments.
As one of the continents that take health matters seriously, Europe has gained prominence globally in this industry due to high levels of fitness awareness among people of all ages. An increase in countries combating obesity-related ailments coupled with more elderly citizens are factors pushing for precision in measurement of body composition tools. Additionally, European countries are investing in advanced healthcare technologies and research, fostering innovation in body composition analyzers. Stringent health regulations and a focus on personalized medicine further propel market growth, as European consumers and healthcare providers seek advanced solutions for comprehensive health assessment and management.
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Drivers
Increasing Health Awareness:
Technological Advancements:
Restraints
High Cost of Advanced Equipment:
Limited Awareness and Training:
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The competitive environment in the global body composition analyser market is fuelled by major players who are propelling innovation and market expansion. Some worthy businesses consist of Tanita Corporation, the first in precision measuring devices; DexaScan which is known for dual-energy X-ray absorptiometry; and InBody Co., Ltd. that has sophisticated technology in bioimpedance. In line with the rising demands of accurate health assessments and personalized wellness solutions, these global companies are upgrading their products using technological advancements, establishing strategic partnerships and reinforcing their marketplace.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, Finally, because of fast advancement in technology and enhanced awareness on health issues globally, the global body composition analyzers market is changing fast. Such improvements in bioimpedance technology and advanced segmental analysis are among the recent developments which have improved the precision and versatility of these instruments.
Demand across various sectors including fitness centers and hospitals remains strong, but high equipment costs and limited awareness are posing challenges. In regional dynamics, North America leads in market dominance while Europe grows faster due to enhanced health consciousness. The market’s developmental path will probably be characterized by technological integration and personalized health solutions becoming increasingly important as the future unfolds.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 0.67 Billion |
Market size value in 2031 | USD 1.49 Billion |
Growth Rate | 9.3% |
Base year | 2023 |
Forecast period | (2024-2031) |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Body Composition Analyzers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Body Composition Analyzers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Report ID: SQMIG35A2908