Body Composition Analyzers Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Technavio has been monitoring the body composition analyzers market and it is expected to grow by $ 317.61 million, accelerating at a CAGR of almost 8.13% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Body Composition Analyzers Market: Key Trends to impact market growth

Growth by the bio impedance analyzer segment will be significant during the forecast period. The advances in the bio impedance analyzers in the form of ease in operation, compactness, portability and application of various techniques in a single product will drive the demand for bio impedance analyzers during 2021-2025.  Europe has been exhibiting a significant growth rate for body composition analyzers market vendors. Factors such as the need for early diagnosis and treatment of osteoporosis are accelerating the body composition analyzers market growth in Europe. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Body Composition Analyzers Market: Top Drivers to Boost Demand

Growing incidence of obesity and large geriatric population are factors driving the growth of the body composition analyzers market. There is an increase in healthcare initiatives taken by governments to promote a healthy lifestyle. For instance, the Government of Canada launched the digital program to promote the use of healthier food and the adoption of health advancing physical activity. The program includes the development of an online tool and mobile app encouraging people to adopt and sustain healthier behaviors over time. Body composition analyzers are used to measure the body weight, lean body mass, body fat, and total body water content. This helps in planning the exercise regime for every individual to suit their body type. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Vendor Analysis: Beurer GmbH, Bodystat Ltd. and COSMED Srl are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Beurer GmbH, Bodystat Ltd., COSMED Srl, General Electric Co., Hologic Inc., InBody Co. Ltd., OMRON Corp., Rjl Systems Inc., Seca GmbH & Co. Kg, and Tanita are some of the major market participants.

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Body Composition Analyzers Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive body composition analyzers market growth during the next five years
• Precise estimation of the body composition analyzers market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the body composition analyzers market industry across North America, Europe, Asia, and ROW
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of body composition analyzers market vendors

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of 8.13%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 317.61 mn through 2021-2025.
    
3. What is a key factor driving this market?
   Growing obese population and increasing geriatric population will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, Europe, Asia, and ROW are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   32% growth will originate from Europe
    
6. Who are the leading market vendors?
   The leading vendors in this market are Beurer GmbH, Bodystat Ltd., COSMED Srl, General Electric Co., Hologic Inc., InBody Co. Ltd., OMRON Corp., Rjl Systems Inc., Seca GmbH & Co. Kg, and Tanita
    
7. What are the market segments covered in this report?
   The market is segmented by Technology (Bio impedance analyzer, DEXA, and Others), End-user (Healthcare facilities, Weight loss and therapy facilities, and Home users), and Geography (North America, Europe, Asia, and ROW)