Global Metabolic Testing Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Metabolic Testing Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Equipment Type (Body Composition Analyzers, Cardiopulmonary Exercise Testing (CPET) Systems, ECG Systems, Metabolic Carts, and Others), Application (Critical Care, and Lifestyle Diseases), End User (Hospitals and Clinics, Sports Training Centers, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Metabolic Testing Market was valued at USD 567.2 million in 2023 and is expected to reach USD 1,019.1 million by 2031 while growing at a CAGR of 7.6% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global metabolic testing market growth. Metabolic testing encompasses diagnostic procedures aimed at evaluating different metabolic facets within the body, which entail the chemical processes essential for life in living organisms. These processes involve converting nutrients into energy, synthesizing molecules, and breaking down substances for elimination.
The rising prevalence of metabolic disorders, coupled with continuous advancements in diagnostic technologies such as indirect calorimetry, metabolic analyzers, and wearable devices, is driving the metabolic testing market. However, cost constraints, affordability issues, and limited clinical evidence and validation may impede market growth.
Furthermore, the global metabolic testing industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Equipment Type Analysis
The Global Metabolic Testing Market is segmented among Body Composition Analyzers, Cardiopulmonary Exercise Testing (CPET) Systems, ECG Systems, Metabolic Carts, and Others, based on Product. In 2023, Metabolic Carts accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Metabolic Testing Market is segmented among Critical Care, and Lifestyle Diseases, based on Type. In 2023, Lifestyle Diseases accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Metabolic Testing Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are MGC Diagnostics Corporation, COSMED srl, CORTEX Biophysik GmbH, General Electric Company (GE Healthcare), KORR Medical Technologies, Inc, Becton, Dickinson and Company, Geratherm Medical AG, OSI Systems, Inc, AEI Technologies, Inc, and Parvo Medics
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Metabolic Testing Market Dynamics
Drivers
Restraints
Opportunity
4. Global Metabolic Testing Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Metabolic Testing Market Segmentation, By Product
Global Metabolic Testing Market Share Analysis, By Product
Global Metabolic Testing Market Growth Analysis, By Product
Global Metabolic Testing Market Trends, By Product
o Body Composition Analyzers
o Cardiopulmonary Exercise Testing (CPET) Systems
o ECG Systems
o Metabolic Carts
o Others
6. Global Metabolic Testing Market Segmentation, By Application
Global Metabolic Testing Market Share Analysis, By Application
Global Metabolic Testing Market Growth Analysis, By Application
Global Metabolic Testing Market Trends, By Application
o Critical Care
o Lifestyle Diseases
7. Global Metabolic Testing Market Segmentation, By End User
Global Metabolic Testing Market Share Analysis, By End User
Global Metabolic Testing Market Growth Analysis, By End User
Global Metabolic Testing Market Trends, By End User
o Hospitals and Clinics
o Sports Training Centers
o Others
8. Global Metabolic Testing Market Segmentation, By Region
Global Metabolic Testing Market Share Analysis, By Region
Global Metabolic Testing Market Growth Analysis, By Region
Global Metabolic Testing Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
MGC Diagnostics Corporation*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
COSMED srl
CORTEX Biophysik GmbH
General Electric Company (GE Healthcare)
KORR Medical Technologies, Inc
Becton, Dickinson and Company (CareFusion Corporation)
Geratherm Medical AG
OSI Systems, Inc
AEI Technologies, Inc
Parvo Medics
*Similar analysis will be provided for each company listed above.
