Body Composition Analyzers Market Key Trends in terms of value Till 2020
There has been a steep rise in global obesity prevalence which almost doubled from 1980 to 2008 according to the World Health Organization (WHO). In the U.S. obesity prevalence increased from 26.2% in 2012 to 27.7% in 2014. U.S. and China currently have the highest prevalence of obese population. Data also shows that more than 50% of the obese population lives in only 10 countries. Obesity is the most important predisposing factor for other lifestyle diseases such as diabetes, high blood pressure, heart attack, coronary vascular disease, coronary artery disease, and various others. To tackle these crises various government initiatives have been undertaken to create awareness about physical fitness. Trend for physical fitness is increasing among individuals in the age group 20 to 40 years. With these trends, concept of ?quantified self? is also gaining popularity. Fitness enthusiasts are now engaged in smart technologies to maintain a log of health parameters and measuring self-performance. This has been a vital factor in determining body composition analyzers market growth in sports and fitness segment.
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Bioimpedence is the most common method used for body composition analysis. In this technology electric impedance is measured which provides estimate of total body water. Dual energy X-ray absorptiometry is a specialized X-ray analysis which provides information on percentage of fat, muscle and bones in specific part of body. Column type body analyzers are usually found in sports and fitness centers, and hospitals; while compact and smart phone enables devices are more popular for at-home use. Compact devices are light weight and provide a shorter analysis profile as compared to column type. Hence these devices are more suited for individual use. Smart phone enabled devices have witnessed fastest growth, although account for a small percentage by value.
Currently the global body composition analyzers market is governed by large number of local players. Lower accuracy and shorter life of compact and smart phone enabled devices might question market growth in the future. Aminogram, Benmor Medical, Beurer, Biospace, Bodystat, Bremed, Briggs Healthcare, COSMED, EKS International SAS, Granway Healthcare Limited, Omron, and Tanita are some of the notable players in the global market.
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Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.
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