Press release
Body Composition Analyzers Market anticipated to be the fastest Unbeatable growth to surpass $596 million by 2025
According to a report titled "Body Composition Analyzers Market by End User: Global Opportunity Analysis and Industry Forecast, 2018-2025" by Allied Market Research, the market size was $356 million in 2017 and an annual average of 6.6 % And is expected to reach $596 million by 2025. North America is expected to have the highest revenue contribution over the forecast period.Body composition is the ratio of fat to fat-free mass in the body. Body composition analysis is needed to measure and assess the health and exercise levels of obese or other fitness-conscious people. The Body Composition Analyzer is a device that provides in-depth information about custom health or fitness counseling. It is also used to create a workout plan based on the needs of the end user. There are many ways to measure your body composition, and each method has advantages and disadvantages.
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Body composition analyzers also help to calculate various compounds present in the body and provide specific values at the time of analysis. Some analyzers can target cumulative changes in body composition over a period of time. In addition, accurate body composition analyzers can determine the risk of an individual developing a specific disease such as obesity. In addition, skin wrinkle measurements can be used to analyze threats in a cohort study of obesity-related illnesses.
The report provides extensive competition analysis and profiles of key market players including Bodystat Ltd., COSMED Srl, General Electric Company, Hologic, Inc., Inbody Co., Omron Corporation, RJL Systems, Inc., and SELVAS AI Inc., Seca GmbH & Co.Kg. And Tanita Corporation. Other players included in the value chain analysis (Accufitness LLC, Beurer GmbH and Maltron International Ltd.) are not included in this report.
The global body composition analyzer market is expected to grow significantly in the near future due to a variety of factors, including increased health and health awareness among people, new government initiatives to improve technological progress and physical activity. However, the high cost associated with body composition analyzers is a major factor that hampers market growth. Conversely, emerging markets such as India and China are expected to provide profitable growth opportunities for market participants during the forecast period.
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By product, Bioinfine accounted for more than two-fifths of the worldwide body composition analyzer market in 2017. These analyzers accounted for the largest portion of the body composition analyzer market in 2017 due to their low cost and convenience. Healthcare and Wellness Center end users, on the other hand, accounted for the largest market share in 2017. In the near future, the growth of the global body composition analyzer market will accelerate due to the increase in health clubs and gymnasiums. Forecast period. By region, North America had the highest sales in the world gymnastics analyzer market in 2017.
Key Findings of the Body Composition Analyzer Market:
On a product basis, the Air Displacement Volumetric Instrument segment is expected to experience rapid growth in the market and is expected to grow at an annual CAGR of 9.6% from 2018-2025.
By end-user, the health and fitness center segment occupied the largest market share in 2017 and is expected to continue to dominate over the forecast period.
By region, North America made the highest return on the global body composition analyzer market in 2017, accounting for about two-fifths of the global market.
On a regional basis, the Asia Pacific region is expected to grow at the highest rate in the market during the forecast period.
North America has the highest market share in 2017 and is expected to dominate throughout the forecast period. The Asia-Pacific region is expected to grow at a CAGR of 9.0% over the forecast period due to the surge in obesity and increased health awareness in the region.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
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