Body Composition Analyzers Market Worth 668.16 Million | Increasing Government Initiatives to Encourage Adoption of Healthy Lifestyle

Body Composition Analyzers Market

PUNE, India, 2020-Jun-01 — /EPR Network/ —

The Body Composition Analyzers Market is poised to reach USD 668.16 Million, growing at a CAGR of 12.7%, during the forecast period.

Body composition analysis is the process to evaluate the amount of fat, muscle, and bone in the body. It gives the precise measurement of body fat in relation to lean body mass. Evaluation of body composition is essential in order to determine the risks associated with high or low levels of body fat. The growth of the overall body composition analyzers market can be contributed to rise in obese population across the globe, growing health and fitness consciousness among people, increasing government initiatives to encourage physical activity and technological advancements.

Research Methodology:

Top-down and bottom-up approaches were used to validate the size of the global body composition analyzer market and estimate the size of various other dependent submarkets. Various secondary sources such as directories, industry journals, databases such as Hoover’s, Bloomberg Business, Factiva, and Avention, and annual reports of the companies have been used to identify and collect information useful for the study of this market. Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess dynamics of this market.

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Increasing adoption of body composition analyzers to assess the nutritional status in patients is driving the growth of this market

Hospitals

In hospitals, body composition analysis is majorly used for the diagnosis of osteoporosis. For this application, DEXA is utilized to measure bone density for diagnosing osteoporosis and assessing the risk of developing fractures. As a result, the growing prevalence of osteoporosis is expected to increase the adoption of DEXA in various hospitals. Moreover, various hospitals across the globe, such as the Jackson Hospital (U.S.), Ramsay Health Care (U.K.), Apollo Hospitals (India), and Elkhart General Hospital (U.S.), have now included body composition testing as a part of their patient care and wellness programs. Such developments are expected to support the growth of this end-user segment in the coming years

Fitness clubs and wellness centers

Over the past few years, the number of fitness clubs has increased significantly as a result of the growing focus on health and fitness among people. At gyms and wellness centers, body composition analyzers not only measure the amount of body fat for weight loss but also provide complete body composition assessment to maintain health.

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Critical questions the report answers:

• Where will all these developments take the industry in the mid to long term?
• What are the upcoming applications for body composition analyzers?

The body composition analyzer market in Asia-Pacific is expected to grow at the fastest rate during the forecast period. The rising trend of overweight and obesity in China, and foothold of local players in Japan are driving the growth of this region

Key players in this Body Composition Analyzers Market includes Tanita Corporation (Japan), Omron Corporation (Japan), InBody Co., Ltd (South Korea), Hologic, Inc. (U.S.) and GE Healthcare (U.S.) among others. These players are increasingly undertaking mergers and acquisitions, and product launches to develop and introduce new technologies and products in the market.