Press release
Bioimpedance Analyzers Market Size Forecasted To Achieve $1.14 Billion By 2029 With Steady Growth
Bioimpedance Analyzers
What Is the Bioimpedance Analyzers Market Size and Projected Growth Rate?
The bioimpedance analyzers market has grown rapidly in recent years. It will grow from $0.59 billion in 2024 to $0.67 billion in 2025, at a compound annual growth rate (CAGR) of 14.5%. The historical growth is linked to the growing obesity epidemic, changing lifestyles, an increase in home deliveries, the rising prevalence of blood disorders like anemia and leukemia, the increase in chronic diseases, and a growing geriatric population.
The bioimpedance analyzers market is anticipated to grow rapidly, reaching $1.14 billion by 2029 at a CAGR of 14.1%. This growth is driven by healthcare infrastructure improvements, increased funding and initiatives, heightened health awareness, rising healthcare spending, and a surge in junk food consumption. Technological advancements, personalized healthcare solutions, telehealth adoption, non-invasive technologies, and wearable tech integration are key trends in the forecast period.
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What Are the Major Segments in the Bioimpedance Analyzers Market?
The bioimpedance analyzers market covered in this report is segmented -
1) By Type: Multi Frequency, Single Frequency, Dual Frequency
2) By Modality: Wired Bioimpedance, Wireless Bioimpedance
3) By Application: Whole Body Measurement, Segmental Body Measurement
4) By End User: Hospitals, Fitness Clubs And Wellness Centers, Home Users, Other End-Users
Subsegments:
1) By Multi-Frequency: Bioimpedance Analyzers With Multiple Frequency Settings, Multi-Frequency Body Composition Analyzers
2) By Single-Frequency: Single-Frequency Bioimpedance Analyzers, Single-Frequency Body Composition Analyzers
3) By Dual-Frequency: Dual-Frequency Bioimpedance Analyzers, Dual-Frequency Body Composition Analyzers
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What Are The Driving Bioimpedance Analyzers Market Evolution?
Growing concerns about obesity are expected to fuel the bioimpedance analyzers market. Obesity, characterized by excessive body fat, is a result of poor diets, sedentary lifestyles, and reduced physical activity. Bioimpedance analyzers help manage obesity by providing in-depth body composition data, allowing for personalized treatment, monitoring health risks, and improving clinical outcomes. For example, in March 2023, the World Heart Foundation noted that approximately 2.3 billion adults and children were obese or overweight globally, with projections suggesting the number could rise to 2.7 billion by 2025. Therefore, the increasing obesity concerns are driving the growth of bioimpedance analyzers.
Which Firms Dominate The Bioimpedance Analyzers Market Segments?
Major companies operating in the bioimpedance analyzers market are Xiaomi Corporation, Omron Corporation, Beurer GmbH, InBody Co Ltd., Seca GmbH & Co., Withings, Lumsail Industrial Inc., Zurich Instruments Ltd., RJL Systems Inc., ImpediMed Limited, Biodynamics Corporation, Charder Electronic Co Ltd., Akern Srl, Bioparhom, BioTekna Limited, Bodystat Ltd., EVOLT 360 Limited, Maltron International Ltd., Tanita Corporation, Tongfang Health Technology (Beijing) Co.Ltd
What Are the Latest Developing Trends in the Bioimpedance Analyzers Market?
Companies in the bioimpedance analyzer market are developing innovative products like body composition scales to offer more accurate health assessments and enhance user convenience. Body composition scales use bioimpedance analysis to estimate components like body fat, water, and muscle. For example, in September 2022, Xiaomi, a Chinese electronics company, launched an eight-electrode body composition scale that uses dual-frequency bioimpedance technology. It provides up to 35 body composition analysis reports more accurately than traditional scales, offering insights into various health metrics.
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Which Is The Largest Region In The Bioimpedance Analyzers Market?
North America was the largest region in the bioimpedance analyzer market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bioimpedance analyzers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Bioimpedance Analyzers Market?
2. What is the CAGR expected in the Bioimpedance Analyzers Market?
3. What Are the Key Innovations Transforming the Bioimpedance Analyzers Industry?
4. Which Region Is Leading the Bioimpedance Analyzers Market?
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