Body Composition Analyzers Market | 2031 Insights | Recent updates
The Body Composition Analyzers Market is expected to register a CAGR of 6.0% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report presents an analysis based on product (bio-impedance analyzer, dual energy x-ray absorptiometry equipment, skinfold calipers, air displacement plethysmography equipment, hydrostatic weighing equipment). The report further provides analysis based on end use (fitness clubs & wellness centers, hospitals, home users, others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Body Composition Analyzers Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Body Composition Analyzers Market Segmentation
Product- Bio-impedance Analyzer
- Dual Energy X-ray Absorptiometry Equipment
- Skinfold Calipers
- Air Displacement Plethysmography Equipment
- Hydrostatic Weighing Equipment
- Fitness Clubs & Wellness Centers
- Hospitals
- Home users
- Others
Strategic Insights
Body Composition Analyzers Market Growth Drivers- Health and Fitness Education: Awareness of health and fitness can provide a platform for educating customers about the benefits of body composition. Such workshops, online content, or content marketing may help companies establish themselves in the industry while promoting the value of body composition analysis for determining individual achievable fitness goals.
- Increased Health Awareness: The demand for body composition analysis is being driven by enhanced health and wellness awareness. People are much more willing to take control of their level of physical fitness by realizing their own percentage of body fat, muscle mass, and fitness levels, thereby increasing this market for accurate assessment tools that are easily accessible.
- Fitness and wellness trends: The rising interest in individualized body composition training and nutrition programs that modern society has discovered fuels the need for body composition assessment. An accurate measurement will assist in tailoring an individual's fitness plan if there are some health goals that people want to accomplish; therefore, body composition evaluation is an important element of modern wellness initiatives.
- Integration with AI and Machine Learning: The application of artificial intelligence and machine learning is going to shift the game in body composition analysis. These technologies can look for patterns in data and offer customized insights, allow for more accurate assessments and recommended individualized findings that best help users and enhance desired outcomes in fitness and health programs.
- Home-Based Analysis Solutions: There is a growing demand for monitoring tools at home and especially health-related monitoring tools. Portability-based body composition analyzers are being developed to suit these requirements. Consumers are looking for easy-to-use devices that give reliable measurements and allow them to monitor their progress without necessarily going to see professionals. This market is open to growth.
- Holistic health approach: the pendulum will swing toward a more holistic approach to health where body composition analysis is part of a therapeutic integration of physical, psychological, and emotional wellness. It will push for the assessment of health matters beyond lifestyle, nutrition, or only mental performance-matched to consumers' preferences for healthy, sustainable lifestyles.
- Integration of Wearable Technology: Body composition analysis may be enabled via wearables, a space dominated by wearables: Companies can develop innovative solutions that include metrics related to the body composition of users in real time within fitness trackers and smartwatches targeted at health-conscious consumers looking for ways to conveniently monitor fitness progress.
- Corporate Wellness Programs: The concern for employee wellness and well-being is a trend providing opportunities in body composition analysis. In the wake of increasingly sophisticated companies providing body composition analyses as a part of corporate wellness programs can motivate employees toward healthier lifestyles, reduce healthcare costs, and improve productivity-with the demand for accurate and accessible body composition assessments.
- Telehealth and Remote Services: The increasing acceptance of telehealth gives an opportunity to provide remote body composition. Using technology can make it possible for providers to provide telehealth consultations and bring remote analysis so that clients who have already been interacting with providers can give them further personalized feedback without requiring a visit, which expands their reach and convenience.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Body Composition Analyzers Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Body Composition Analyzers Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
North America dominated the body composition analyzers market in 2023
The body composition analyzers market drivers include the health and fitness education, increased health awareness, and evolving fitness and wellness trends.
Integration with AI and machine learning is likely to remain the key trend during the forecast period.
Asia Pacific region is likely to witness the fastest growth rate during the forecast period.
MV Technologies SA, DRAMINSKI S A, Esaote SpA, Samsung Electronics Co Ltd, Canon Inc, General Electric Company, Fujifilm Holdings Corporation, Hitachi, and Mindray Medical International Limited are some prominent players in the body composition analyzers market.
The Body Composition Analyzers Market is estimated to witness a CAGR of 6.0% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Body Composition Analyzers Market - By Product
1.3.2 Body Composition Analyzers Market - By End Use
1.3.3 Body Composition Analyzers Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BODY COMPOSITION ANALYZERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BODY COMPOSITION ANALYZERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. BODY COMPOSITION ANALYZERS MARKET - GLOBAL MARKET ANALYSIS
6.1. BODY COMPOSITION ANALYZERS - GLOBAL MARKET OVERVIEW
6.2. BODY COMPOSITION ANALYZERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BODY COMPOSITION ANALYZERS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. BIO-IMPEDANCE ANALYZER
7.3.1. Overview
7.3.2. Bio-impedance Analyzer Market Forecast and Analysis
7.4. DUAL ENERGY X-RAY ABSORPTIOMETRY EQUIPMENT
7.4.1. Overview
7.4.2. Dual Energy X-ray Absorptiometry Equipment Market Forecast and Analysis
7.5. SKINFOLD CALIPERS
7.5.1. Overview
7.5.2. Skinfold Calipers Market Forecast and Analysis
7.6. AIR DISPLACEMENT PLETHYSMOGRAPHY EQUIPMENT
7.6.1. Overview
7.6.2. Air Displacement Plethysmography Equipment Market Forecast and Analysis
7.7. HYDROSTATIC WEIGHING EQUIPMENT
7.7.1. Overview
7.7.2. Hydrostatic Weighing Equipment Market Forecast and Analysis
8. BODY COMPOSITION ANALYZERS MARKET - REVENUE AND FORECASTS TO 2028 - END USE
8.1. OVERVIEW
8.2. END USE MARKET FORECASTS AND ANALYSIS
8.3. FITNESS CLUBS & WELLNESS CENTERS
8.3.1. Overview
8.3.2. Fitness Clubs and Wellness Centers Market Forecast and Analysis
8.4. HOSPITALS
8.4.1. Overview
8.4.2. Hospitals Market Forecast and Analysis
8.5. HOME USERS
8.5.1. Overview
8.5.2. Home users Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. BODY COMPOSITION ANALYZERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Body Composition Analyzers Market Overview
9.1.2 North America Body Composition Analyzers Market Forecasts and Analysis
9.1.3 North America Body Composition Analyzers Market Forecasts and Analysis - By Product
9.1.4 North America Body Composition Analyzers Market Forecasts and Analysis - By End Use
9.1.5 North America Body Composition Analyzers Market Forecasts and Analysis - By Countries
9.1.5.1 United States Body Composition Analyzers Market
9.1.5.1.1 United States Body Composition Analyzers Market by Product
9.1.5.1.2 United States Body Composition Analyzers Market by End Use
9.1.5.2 Canada Body Composition Analyzers Market
9.1.5.2.1 Canada Body Composition Analyzers Market by Product
9.1.5.2.2 Canada Body Composition Analyzers Market by End Use
9.1.5.3 Mexico Body Composition Analyzers Market
9.1.5.3.1 Mexico Body Composition Analyzers Market by Product
9.1.5.3.2 Mexico Body Composition Analyzers Market by End Use
9.2. EUROPE
9.2.1 Europe Body Composition Analyzers Market Overview
9.2.2 Europe Body Composition Analyzers Market Forecasts and Analysis
9.2.3 Europe Body Composition Analyzers Market Forecasts and Analysis - By Product
9.2.4 Europe Body Composition Analyzers Market Forecasts and Analysis - By End Use
9.2.5 Europe Body Composition Analyzers Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Body Composition Analyzers Market
9.2.5.1.1 Germany Body Composition Analyzers Market by Product
9.2.5.1.2 Germany Body Composition Analyzers Market by End Use
9.2.5.2 France Body Composition Analyzers Market
9.2.5.2.1 France Body Composition Analyzers Market by Product
9.2.5.2.2 France Body Composition Analyzers Market by End Use
9.2.5.3 Italy Body Composition Analyzers Market
9.2.5.3.1 Italy Body Composition Analyzers Market by Product
9.2.5.3.2 Italy Body Composition Analyzers Market by End Use
9.2.5.4 Spain Body Composition Analyzers Market
9.2.5.4.1 Spain Body Composition Analyzers Market by Product
9.2.5.4.2 Spain Body Composition Analyzers Market by End Use
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Body Composition Analyzers Market Overview
9.3.2 Asia-Pacific Body Composition Analyzers Market Forecasts and Analysis
9.3.3 Asia-Pacific Body Composition Analyzers Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Body Composition Analyzers Market Forecasts and Analysis - By End Use
9.3.5 Asia-Pacific Body Composition Analyzers Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Body Composition Analyzers Market
9.3.5.1.1 Australia Body Composition Analyzers Market by Product
9.3.5.1.2 Australia Body Composition Analyzers Market by End Use
9.3.5.2 China Body Composition Analyzers Market
9.3.5.2.1 China Body Composition Analyzers Market by Product
9.3.5.2.2 China Body Composition Analyzers Market by End Use
9.3.5.3 India Body Composition Analyzers Market
9.3.5.3.1 India Body Composition Analyzers Market by Product
9.3.5.3.2 India Body Composition Analyzers Market by End Use
9.3.5.4 Japan Body Composition Analyzers Market
9.3.5.4.1 Japan Body Composition Analyzers Market by Product
9.3.5.4.2 Japan Body Composition Analyzers Market by End Use
9.3.5.5 South Korea Body Composition Analyzers Market
9.3.5.5.1 South Korea Body Composition Analyzers Market by Product
9.3.5.5.2 South Korea Body Composition Analyzers Market by End Use
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Body Composition Analyzers Market Overview
9.4.2 Middle East and Africa Body Composition Analyzers Market Forecasts and Analysis
9.4.3 Middle East and Africa Body Composition Analyzers Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Body Composition Analyzers Market Forecasts and Analysis - By End Use
9.4.5 Middle East and Africa Body Composition Analyzers Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Body Composition Analyzers Market
9.4.5.1.1 South Africa Body Composition Analyzers Market by Product
9.4.5.1.2 South Africa Body Composition Analyzers Market by End Use
9.4.5.2 Saudi Arabia Body Composition Analyzers Market
9.4.5.2.1 Saudi Arabia Body Composition Analyzers Market by Product
9.4.5.2.2 Saudi Arabia Body Composition Analyzers Market by End Use
9.4.5.3 U.A.E Body Composition Analyzers Market
9.4.5.3.1 U.A.E Body Composition Analyzers Market by Product
9.4.5.3.2 U.A.E Body Composition Analyzers Market by End Use
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Body Composition Analyzers Market Overview
9.5.2 South and Central America Body Composition Analyzers Market Forecasts and Analysis
9.5.3 South and Central America Body Composition Analyzers Market Forecasts and Analysis - By Product
9.5.4 South and Central America Body Composition Analyzers Market Forecasts and Analysis - By End Use
9.5.5 South and Central America Body Composition Analyzers Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Body Composition Analyzers Market
9.5.5.1.1 Brazil Body Composition Analyzers Market by Product
9.5.5.1.2 Brazil Body Composition Analyzers Market by End Use
9.5.5.2 Argentina Body Composition Analyzers Market
9.5.5.2.1 Argentina Body Composition Analyzers Market by Product
9.5.5.2.2 Argentina Body Composition Analyzers Market by End Use
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. BODY COMPOSITION ANALYZERS MARKET, KEY COMPANY PROFILES
11.1. TANITA CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. OMRON CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HOLOGIC, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BEURER GMBH
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. SECA
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ACCUFITNESS, LLC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SELVAS HEALTHCARE LNC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MALTRON INTERNATIONAL LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. COSMED
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. GE HEALTHCARE
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Tanita Corporation
2. Omron Corporation
3. Hologic, Inc.
4. Beurer GmbH
5. SECA
6. AccuFitness, Llc
7. Selvas Healthcare Lnc.
8. Maltron International Ltd
9. Cosmed
10. GE Healthcare
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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