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What's driving the Metabolic Testing Market Growth? | Top Key Players are CareFusion, OSI Systems, MGC Diagnostics, Geratherm Medical AG (GME), Microlife Medical Home Solutions, Inc., CORTEX Biophysik GmbH

06-25-2019 03:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

What's driving the Metabolic Testing Market Growth? | Top Key

The global metabolic testing market is significantly growing due to up surging technological advancements, and massive research and development in metabolic testing. The massive unexplored market in the metabolic testing industry of the developing economies is creating abundant growth opportunities for the metabolic testing market to grow at a considerable rate, during the forecasted years. In addition, the advanced research and development facilities, and innovative product developments by the companies, are propelling the growth of the metabolic testing industry.

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On the basis of product, the metabolic testing market can be categorized as CPET systems, metabolic carts, software, body composition analyzers, and ECG and EKG systems. On the basis of technology, the market can be categorized as VO2 max analysis, body composition analyzers, and RMR analysis. VO2 max analysis leads the global metabolic testing market in terms of revenue, as it is the most prescribed metabolic test for athletes, patients, and healthy human beings.

On the basis of application, the global metabolic testing market is segmented as metabolic disorders, lifestyle diseases, dysmetabolic syndrome X, human performance testing, critical care, and others. Lifestyle disease leads the market in terms of market size, due to increasing prevalence of lifestyle associated diseases, such as obesity, diabetes, and cardiovascular diseases. On the basis of end users, the market is segmented as hospitals, laboratories, sports training centers, gyms, and others, where hospitals leads the market in terms of market size.

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Geographically, North America is likely to lead the global metabolic testing market in the projected period, due to technological advancement in metabolic testing and increasing prevalence of lifestyle associated diseases, such as obesity and diabetes.

Asia-Pacific is the fastest growing region in the global metabolic testing market due to increasing healthcare expenditures, huge pool of patients, upsurge in standard of living, and intensifying government support in the region. Moreover, the metabolic testing market is growing due to increasing healthcare awareness and refining healthcare infrastructure in the emerging countries, such as India and China.

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Some of the companies operating in the global metabolic testing market are:
1- CareFusion
2- OSI Systems
3- MGC Diagnostics
4- Geratherm Medical AG (GME)
5- Microlife Medical Home Solutions, Inc.
6- CORTEX Biophysik GmbH

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About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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