Published on : Sep 06, 2016
ALBANY, New York, September 06, 2016: ResearchMoz.us has announced the addition of a new study on the global market for body composition analyzers to its vast repository. The report, titled “Global Body Composition Analyzers Market 2016-2020,” offers a comprehensive assessment of this market, taking its current and historical performance and growth prospects into consideration.
According to the study, the global market for body composition analyzers has been significantly impelled by the growing awareness among consumers regarding health and fitness. In addition, the recent surge in the count of e-commerce websites that sell fitness equipment and monitoring devices is likely to propel this market substantially in the coming years. Analysts expect the global market to rise at a CAGR of nearly 9% during the period from 2016 to 2020.
In this report, the worldwide market for body composition analyzers has been assessed on the basis of technology, end user, and geography. By technology, the market has been categorized into DEXA and bioimpedance analyzers. In 2015, the bioimpedance analyzers segment led the overall market with a share of over 46% in terms of revenue. Technological advancements in bioelectrical impedance have fueled the usage of this technology in body composition analyzers considerably in the recent times, notes the study.
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By end user, the report classifies this market into healthcare facilities, home users, and weight loss and therapy facilities. Healthcare facilities registered a higher demand for body composition analyzers than other end users over the last few years. The trend is likely to continue and the segment is estimated to account for a share of approximately 39% in the overall market by the end of the forecast period.
Geographically, the global market for body composition analyzers has been segmented into Asia Pacific (APAC), Europe, the Americas, and the Middle East and Africa. Europe, among these, emerged as the leading regional market for body composition analyzers in 2015. Analysts predict this region to account for a share of more than 34% in the global market and retain its leadership by the end of the forecast period. The recent advancements in the sports and the medical and healthcare industry are projected to support the body composition analyzers market in Europe over the next few years, states the research report.
The report also evaluates the competitive landscape of the global market for body composition analyzers by profiling the key companies operating in this market in order to identify the prevalent hierarchy. As per the study, Tanita, Omron Healthcare, Buerer, Inbody, and Seca are the leading producers of body composition analyzers across the world.
Mediagate, iHealth, Qardio, Bremed, KERN, Medisana, EmsiG, Jawon, Withings, Microlife, and Marsden are some of the other prominent market participants mentioned in this research report.
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