September 25, 2019
According to the new research report available at MarketStudyReport.com under the title ‘Global Body Composition Analyzers Market Growth 2019-2024’, the worldwide body composition analyzers market is predicted to amass US $1080 million by the year 2024.
Body composition analyzer (BCA) can spot several elements of human body and analyze human health status using exact measurement of AVR microcontroller. It applies DXA technology to evaluate human elements such as BMI, fat, weight, non-fat and other indicators with the help of multi-frequency bioelectrical impedance analysis. It helps people in assessing their body state more precisely and defining effective weight losing methods.
Currently, BCA market is fairly distributed as the manufacturing technology is mature in comparison to other high-tech equipment. Manufacturers such as GE Healthcare, Hologic, Inbody, etc. are some of the leading enterprises in body composition analyzers market.
As per the report, the worldwide body composition analyzers market was worth US $700 million in 2019 and is expected to grow with a CAGR of 7.5% by the year 2024. The research also presents complete insight about the segmental share, overview, growth opportunities, challenges and trends impacting the market growth.
The BCA market is examined on the basis of product type, application spectrum and regional landscape. Considering the product type, the market is segmented as dual-energy x-ray absorptiometry, air displacement plethysmography, bio-impedance analyzers, and others. While speaking of the application spectrum, the market is fragmented as home users, fitness clubs & wellness centers, research & academic centers, and hospitals & clinics.
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Based on the regional outlook, BCA market is bifurcated into four major regions which are Asia Pacific, Europe, Americas, and Middle East & Africa. However, Asia Pacific dominated the device market with 23.28% share in 2017, owing to low cost of raw material and labor in the region.
Other prominent manufacturers operating in body composition analyzers market include BioTekna, RJL system, Akern, COSMED, Tanita, Donghuayuan Medical, Omron Healthcare, Ibeauty, Fresenius Medical Care, Maltron, Beurer GmbH, Tsinghua Tongfang, Seca, Swissray, DMS, and Selves Healthcare.