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Metabolic Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Published By :

Transparency Market Research

Category :

Medical Equipments

Metabolism is a set of chemical processes that takes place in a body to maintain its living state. Metabolic rates varies from person to person and depends upon the gender, height, weight, age, muscle to fat ratios, and the current physical rate of activity. Metabolic testing devices are used to find metabolic parameters. Metabolism involves a series of reactions in which a molecule is converted into a product with the help of enzymes. Enzymes are vital to metabolism as they allow the organism to drive reactions for required energy. Metabolism is bifurcated into catabolism and anabolism. Catabolism is the breakdown of molecules to obtain energy, whereas anabolism is the building up of complex molecules to form a compound to store energy.

According to the World Health Organization (WHO), nearly 13% of the world’s population was obese in 2014. The global prevalence of obesity has more than doubled between 1980 and 2014. This has led to an increase in the prevalence of metabolic syndrome. Centers for Disease Control and Prevention (CDC) states that around 34% of adult Americans are estimated to have metabolic syndrome. Metabolic testing equipment are used to assess the health and wellness of an individual. These testing equipment are screening tools to test organ performance in disease conditions such as diabetes and hypertension. There are several methods of metabolic testing. A VO2 max analysis, body composition analysis, resting metabolic rate (RMR) analysis are one of them. A VO2 max test measures body’s maximum ability to consume oxygen, which is linked to the physical fitness of that person. Body composition analysis is a physical test to measure various components such as protein, water content, minerals, and fat in the body and their proportions. It is used in hospitals, laboratories, gyms, and sports training centers, to test and examine metabolic disorders, lifestyle diseases, and dysmetabolic syndrome X in the body.

The global metabolic testing market can be segmented based on product, application, and region. In terms of product, the market can be segmented into CPET systems, metabolic carts, body composition analyzers, and ECGs/EKGs attachable to CPET systems and software. By application, the market can be classified into critical care, lifestyle diseases, human performance testing, metabolic disorders, dysmetabolic syndrome X, and others. Based on region, North America is currently the dominant market for the metabolic tests devices due to the growing prevalence of lifestyle associated diseases.

Asia Pacific is projected to drive high growth rate in the next five years, owing to India and China markets. Key factors driving the regional markets include increasing prevalence of diabetes and obesity, changing lifestyle, rising standards of living, larger patient pool, improving health care infrastructure, growing demand for quality medical care, increasing disposable income and health care spending, growing awareness, and rising government initiatives. However, expensive equipment and software and stringent reimbursement policies could inhibit the growth of the global metabolic testing market. New product launches and rising market consolidation are among the major ongoing trends in the global metabolic testing market.

Some of the key participants operating in the global metabolic testing market are General Electric Company, CareFusion Corporation, MGC Diagnostics Corporation, Geratherm Medical AG, AEI Technologies, Inc., OSI Systems, Inc., Cortex Biophysik GmbH, COSMED, Korr Medical Technologies, Inc., Microlife Medical Home Solutions, Inc., Breezing Co., and Parvo Medics, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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