Global Body Composition Analyzers Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Body Composition Analyzers Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Bio-impedance Analyzer, Dual Energy X-ray Absorptiometry (dexa) Equipment, Skinfold Calipers, Air Displacement Plethysmography Equipment, and Hydrostatic Weighing Equipment), End User (Fitness Clubs and Wellness Centers, Hospitals, and Home Users), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Body Composition Analyzers Market was valued at USD 441.6 million in 2023 and is expected to reach USD 637.7 million by 2031 while growing at a CAGR of 4.7% 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 body composition analyzers market growth. The body composition analyzer, abbreviated as BCA, utilizes the bioelectrical impedance analysis (BIA) method to measure the bioelectrical impedance across various segments of the human body. It then calculates body composition by employing algorithms based on variations in conductivity among different components of the body.
The increasing awareness of health and fitness, coupled with ongoing advancements in body composition analysis technology, drives the growth of the market. These advancements include improvements in accuracy, precision, and usability of body composition analyzers. However, the high cost of advanced devices and the need for education and training hinder market growth.
Furthermore, the global body composition analyzers industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Body Composition Analyzers Market is segmented among Bio-impedance Analyzer, Dual Energy X-ray Absorptiometry (dexa) Equipment, Skinfold Calipers, Air Displacement Plethysmography Equipment, and Hydrostatic Weighing Equipment, based on Product Type. In 2023, Bio-impedance Analyzer 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 End User Analysis
The Global Body Composition Analyzers Market is segmented among Fitness Clubs and Wellness Centers, Hospitals, and Home Users, based on End User. In 2023, Fitness Clubs and Wellness Centers 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 Body Composition Analyzers 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 Europe 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 Bodystat Ltd, Cosmed Srl, Hologic Inc., Inbody Co. Ltd, Omron Healthcare Inc., Seca GmbH & Co. Kg, Tanita Corporation, Google (Fitbit Inc.), Koninklijke Philips NV, and Withings.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Body Composition Analyzers Market Dynamics
Drivers
Restraints
Opportunity
4. Global Body Composition Analyzers Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Body Composition Analyzers Market Segmentation, By Product Type
Global Body Composition Analyzers Market Share Analysis, By Product Type
Global Body Composition Analyzers Market Growth Analysis, By Product Type
Global Body Composition Analyzers Market Trends, By Product Type
o Bio-impedance Analyzer
o Dual Energy X-ray Absorptiometry (dexa) Equipment
o Skinfold Calipers
o Air Displacement Plethysmography Equipment
o Hydrostatic Weighing Equipment
6. Global Body Composition Analyzers Market Segmentation, By End User
Global Body Composition Analyzers Market Share Analysis, By End User
Global Body Composition Analyzers Market Growth Analysis, By End User
Global Body Composition Analyzers Market Trends, By End User
o Fitness Clubs and Wellness Centers
o Hospitals
o Home Users
7. Global Body Composition Analyzers Market Segmentation, By Region
Global Body Composition Analyzers Market Share Analysis, By Region
Global Body Composition Analyzers Market Growth Analysis, By Region
Global Body Composition Analyzers Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Bodystat Ltd*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Cosmed Srl
Hologic Inc.
Inbody Co. Ltd
Omron Healthcare Inc.
Seca GmbH & Co. Kg
Tanita Corporation
Google (Fitbit Inc.)
Koninklijke Philips NV
Withings
*Similar analysis will be provided for each company listed above.