Dublin, Aug. 14, 2023 (GLOBE NEWSWIRE) -- The "Body Composition Analyzers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Body Composition Analyzers estimated at US$623.8 Million in the year 2022, is projected to reach a revised size of US$1.2 Billion by 2030, growing at a CAGR of 8.9% over the analysis period 2022-2030.
Bio-Impedance Analyzers, one of the segments analyzed in the report, is projected to record a 10.2% CAGR and reach US$471.4 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Skinfold Calipers segment is readjusted to a revised 8.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $279.4 Million, While China is Forecast to Grow at 11% CAGR
The Body Composition Analyzers market in the U.S. is estimated at US$279.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$141.1 Million by the year 2030 trailing a CAGR of 11% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.1% and 9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$97 Million by the year 2030.
Select Competitors (Total 87 Featured) -
- AccuFitness, LLC
- Beurer GmbH
- Bodystat Limited
- COSMED srl
- GE Healthcare
- Hologic, Inc.
- InBody Co., Ltd
- Maltron International Ltd.
- Omron Corporation
- RJL Systems, Inc.
- Seca GmbH&Co. KG
- Selvas Healthcare lnc.
- Tanita Corporation
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 500 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $623.8 Million |
| Forecasted Market Value (USD) by 2030 | $1200 Million |
| Compound Annual Growth Rate | 8.5% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Underlying Conditions among Hospitalized COVID-19 Patients: % of Adults with Condition by Age Category in the US
- Severely Obese People Face High Risk of Serious COVID-19 Outcomes: Prevalence of Severely Obese People (in %) for Select Countries
- COVID-19 Pandemic Adds to the Healthcare Burden of Nations Worldwide: Obesity-Related Health Spending as % of Total Health Expenditure for the Period 2020-2050
- Endemic Lifestyle Diseases: Cornerstone to Growth of Body Composition Analyzers Market
- Bio-Impedance Analyzer Segment to Command Major Share
- Global Body Composition Analyzers Market By Type (in %): 2020
- Product Segment Definitions
- Geographic Market Analysis
- Recent Market Activity
- Body Composition Analyzers - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- WORLD BRANDS
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rise in Prevalence of Obesity Spurs Growth
- Top Overweight Countries Worldwide - Ranked by Overweight Population as % of Total Population (2019)
- Obesity Statistics
- Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
- Increasing Number of Weight Loss Clinics, Sports Rehabilitation Centers, and Fitness Clubs to Drive Market Growth
- Technology Developments Support Market Growth
- Bathroom Scales Integrated with Body Fat Analyzers Gain Popularity
- BIA Based Devices Gain Traction for Home Base Body Fat Monitoring
- Costs and Accuracy Benefits Drive Demand for BIA
- Segmental Bioimpedance Gains Traction in Body Composition Analysis
- Increasing Osteoporisis Rates Trigger Demand
- Percentage (%) of Women Affected by Osteoporosis
- Aging Population and Growing Incidence of Targeted Conditions Drive Demand for Body composition Analyzers
- Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Select Innovations and Developments
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/hhavt3
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