Bioimpedance Analyzers Market to reach USD 1.375 million in 2031, growing at a rate of 12.1% from 2022 to 2031

New York, The global bioimpedance analyzer market size was USD 439 million in 2021 ad is anticipated to reach USD 1.375 million in 2031, growing at a rate of 12.1% from 2022 to 2031.

Global Bioimpedance Analyzers Market report from Global Insight Services is the single authoritative source of intelligence on Bioimpedance Analyzers Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Bioimpedance measuring devices are used to measure the level of fluids in living tissue. These devices use electrical conductivity and reactance, which is a property of an object that opposes any change in the electric current flowing through it. This type of device can provide vital information regarding fluid buildup or dehydration for athletes and those with chronic health conditions like heart diseases.

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Market Trends and Drivers
Unhealthy lifestyles, such as sedentary work environments, consumption of junk food, and increased mobility automation have increased the prevalence of certain lifestyle diseases, like obesity, high blood pressure, and diabetes. According to WHO, in 2019, an estimated 38.2 million children under the age of 5 were overweight or obese. Once considered a high-income country problem, overweight and obesity are now on the rise in low- and middle-income countries, particularly in urban settings. In Africa, the number of overweight children under 5 who were overweight or obese in 2019 lived in Asia. Owing to that, the increasing prevalence of lifestyle diseases is boosting the growth of the global bioimpedance analyzers market.

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Global Bioimpedance Analyzers Market Segmentation
The report analyses the bioimpedance analyzers market based on product, modality, application, end-user, and regions.

Global Bioimpedance Analyzers Market by Product

On the basis of type, it is segmented into multi-frequency analyzers, single-frequency analyzers, and dual-frequency analyzers. The multi-frequency analyzers segment is likely to dominate the market during the forecast period. Multi-frequency bioelectrical impedance analysis (MF-BIA) may be a relatively simple, quick method to measure body composition, for instance, fat mass and fat-free mass, having the advantage of being portable, relatively cheap, and not requiring specialist training for use. The growth of this segment can be attributed to the increasing preference for multi-frequency bioimpedance analyzers is high among end-users as they are both segmental and whole-body measurements, unlike single-frequency bioimpedance analyzers.

Global Bioimpedance Analyzers Market by Modality

Based on modality, it is segmented into wired bioimpedance analyzers, and wireless bioimpedance analyzers. The wired bioimpedance analyzers are likely to dominate the market during the forecast period. The key factors boosting the market growth are the increasing prevalence of lifestyle diseases coupled with initiatives by governments and private organizations to promote healthy lifestyles is boosting the growth of the segment in the market. The impedance analyzer measures the difference between the maximum current and the minimum current, but also the time difference between the potential and the current wave-forms.

Global Bioimpedance Analyzers Market by Application

By application, it is segmented into whole-body measurement and segmental body measurement. The demand in the bioimpedance market for segmental body measurement is expected to grow significantly in the forecast period. The whole-body measurement is expected to hold a significant share of the market due to the increasing prevalence of obesity and metabolic disorders. Thus, the demand in the bioimpedance market would rise during the forecast period.

Global Bioimpedance Analyzers Market by End User

By end user, it is divided into fitness clubs and wellness centers, home users, hospitals, and others. The demand for bioimpedance analyzers in fitness clubs and wellness centers is expected to grow significantly during the forecast period. The increasing number of fitness clubs and wellness centers and the growing awareness about health and fitness across the globe are boosting the growth of the market.

Geographical Analysis of Global Bioimpedance Analyzers Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America accounted for the largest share of the bioimpedance analyzers market. The large share of North America can be attributed to factors such as the growing obesity rate, government initiatives to encourage healthy lifestyles, increasing use of body composition analyzers for assessing athlete fitness, and increasing number of health clubs and fitness centers.

Major Players of the Global Bioimpedance Analyzers Market
The global bioimpedance analyzers market report includes players such as Omron Corporation, Tanita Corporation, InBody, RJL Systems, seca GmbH & Co. KG, EVOLT 360, SELVAS Healthcare, Charder Electronic Co. Ltd., Fook Tin Group Holding Ltd., Bodystat Ltd., Maltron International, Biotekna, Withings, Biodynamics Corporation, Akern, Xiaomi, Sino-Hero (Shenzhen) Bio-Medical Electronics Co., Ltd., Lumsail Industrial Inc., Guangzhou Beautylife Electronic Technology Co., Ltd., Bioparhom.

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