The Body Composition Analyzers Market is poised to reach USD 668.16 Million by 2021, growing at a CAGR of 12.7%, during the forecast period of 2016 to 2021. Body composition analysis is the process to evaluate the amount of fat, muscle, and bone in the body. It gives the precise measurement of body fat in relation to lean body mass. Evaluation of body composition is essential in order to determine the risks associated with high or low levels of body fat. The growth of the overall body composition analyzers market can be contributed to rise in obese population across the globe, growing health and fitness consciousness among people, increasing government initiatives to encourage physical activity and technological advancements. In the coming years, the body composition analyzers market is expected to witness the highest growth rate in the Asia-Pacific region. North America is expected to account for the largest share of the global body composition analyzers market. However, inconsistency in the accuracy of different analyzers and high cost of equipment is likely to restrain the growth of the market during the forecast period.

Objectives of the Study

To define, describe, and forecast the global body composition analyzers market on the basis of product, end user, and region

To provide detailed information regarding major factors influencing growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market

To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

To forecast the size of body composition analyzer market with respect to four main regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World

To strategically profile the key players in the global body composition analyzer market and comprehensively analyze their core competencies

To track and analyze competitive developments such as joint ventures and alliances, mergers and acquisitions, new product/technology development, and research and development activities of the leading players in the global body composition analyzers market

Research Methodology

Top-down and bottom-up approaches were used to validate the size of the global body composition analyzer market and estimate the size of various other dependent submarkets. Various secondary sources such as directories, industry journals, databases such as Hoover�s, Bloomberg Business, Factiva, and Avention, and annual reports of the companies have been used to identify and collect information useful for the study of this market. Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess dynamics of this market. The breakdown of profiles of primaries is shown in the figure below:

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Some prominent players in in the body composition analyzers market include InBody Co., Ltd (South Korea), Tanita Corporation (Japan), Omron Corporation (Japan), Hologic, Inc. (U.S.) and GE Healthcare (U.S.) among others.

Target Audience

Fitness & wellness centers

Hospitals

Medical Device Manufacturers

Market Research and Consulting Firms

Healthcare Service Providers

Medical Research Institutes

Regulatory Bodies

Venture Capitalists

Scope of the Report:

This research report categorizes the body composition analyzers market into the following segments:

Body composition analyzers market, by product

Bio-Impedance Analyzers

Dual-Energy X-Ray Absorptiometry (DEXA)

Skinfold Calipers

Air Displacement Plethysmography (ADP)

Hydrostatic Weighing (HWD)

Body composition analyzers market, by end users

Hospitals

Fitness centers

Academic & Research centers

Home users

Body composition analyzers market, by Region

North America U.S. Canada

Europe EU5 ( U.K, France, Spain, Italy & Germany) Rest of Europe

Asia-Pacific China Japan India Rest of Asia-Pacific

Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company�s specific needs. The following customization options are available for the report:

Product Analysis

Product matrix, which gives a detailed comparison of the product portfolios of each company

Company Information

Detailed analysis and profiling of additional market players (up to 3)

Rise in obese population across the globe, growing health and fitness consciousness among people, increasing government initiatives to encourage physical activity and technological advancements are the key factors driving the growth of this market.

Body composition analysis is the process to evaluate the amount of fat, muscle, and bone in the body. It gives the precise measurement of body fat in relation to lean body mass. Evaluation of body composition is essential in order to determine the risks associated with high or low levels of body fat. A wide range of analyzers are used to assess body composition, at hospitals, fitness centers, academic & research centers, and home.

The body composition analyzer market has been segmented, on the basis of product type, into Bio-impedance analyzers, Dual energy X-ray absorptiometry (DEXA), Skinfold calipers, Air displacement plethysmography (ADP), and Hydrostatic weighing. The bio-impedance analyzers segment is expected to command the largest share of the global body composition analyzers market. The large share of the bio-impedance analyzers segment can be attributed to the benefits of these products over other body composition analyzers, such as easy operations, low cost, and better accuracy.

The body composition analyzer market in Asia-Pacific is expected to grow at the fastest rate during the forecast period. The rising trend of overweight and obesity in China, and foothold of local players in Japan are driving the growth of this region

Increasing adoption of body composition analyzers to assess the nutritional status in patients is driving the growth of this market

Hospitals

In hospitals, body composition analysis is majorly used for the diagnosis of osteoporosis. For this application, DEXA is utilized to measure bone density for diagnosing osteoporosis and assessing the risk of developing fractures. As a result, the growing prevalence of osteoporosis is expected to increase the adoption of DEXA in various hospitals. Moreover, various hospitals across the globe, such as the Jackson Hospital (U.S.), Ramsay Health Care (U.K.), Apollo Hospitals (India), and Elkhart General Hospital (U.S.), have now included body composition testing as a part of their patient care and wellness programs. Such developments are expected to support the growth of this end-user segment in the coming years

Fitness clubs and wellness centers

Over the past few years, the number of fitness clubs has increased significantly as a result of the growing focus on health and fitness among people. At gyms and wellness centers, body composition analyzers not only measure the amount of body fat for weight loss but also provide complete body composition assessment to maintain health.

Academic & research centers

Academic & research centers conduct various studies to evaluate and understand the accuracy of various body composition analyzers. Over the years, studies have identified body composition as an important part of the overall fitness of individuals and hence a number of research activities are focusing on using relevant information about body composition for preventing obesity and the associated diseases.

Home users

Over the years, technological advancements and ease of operations have enabled the use of body composition analyzers at home. Measuring fat percentage is an important tool in weight management. The use of body composition analyzers by home-users has been made simpler due to the development of products that offer complete body composition analysis without professional help. Bio-impedance analyzers provide various body composition values, such as lean body weight, body mass index, basal metabolic rate, and total body water, among other factors.

Critical questions the report answers:

Where will all these developments take the industry in the mid to long term?

What are the upcoming applications for body composition analyzers?

High cost of equipment is likely to restrict the growth of the market. Body composition analyzers are equipped with advanced features and functionalities, and are therefore priced at a premium. The cost of an instrument is based on its applications. Furthermore, it is difficult for academic research laboratories to afford these systems as they have limited budgets. The cost of air displacement plethysmography equipment ranges from USD 30,000�40,000, the purchase of which is very expensive even for health clubs. Moreover, cost of dual-energy X-ray absorptiometry is also high. Thus, high equipment cost is likely to restrict the market growth.

Key players in this Body Composition Analyzers Market includes Tanita Corporation (Japan), Omron Corporation (Japan), InBody Co., Ltd (South Korea), Hologic, Inc. (U.S.) and GE Healthcare (U.S.) among others. These players are increasingly undertaking mergers and acquisitions, and product launches to develop and introduce new technologies and products in the market.

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