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Asia-Pacific Body Composition Analyzers Market – Industry Trends and Forecast to 2030

  • Healthcare IT
  • Upcoming Report
  • Jan 2023
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Asia-Pacific Body Composition Analyzers Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - 17.1% Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 88.84 Million
Diagram Market Size (Forecast Year) USD 314.10 Million
Diagram CAGR 17.1%

Asia-Pacific Body Composition Analyzers Market, By Product Type (Bio Impedance Analyzers, Dual Energy X-Ray Absorptiometry, Skinfold Caliper, Air Displacement Plethysmography, Hydrostatic Weighing Equipment, Others), Compartment Model Type (Two-Compartment Model, Three-Compartment Model, Multi-Compartment Models), End User (Health Fitness Club, Hospital and Clinics, Academy, Others) – Industry Trends and Forecast to 2030.

Asia-Pacific Body Composition Analyzers Market

Asia-Pacific Body Composition Analyzers Market Analysis and Size

According to the Indian National Family Health Survey, obesity among men aged 15 to 49 years increased from 9.3 percent to 19 percent during the same time period, obesity among women aged 15 to 49 years rose from 13% to 21% between 2006 and 2015 and 2016. The rapid rise of the obese population as a result of sedentary lifestyles and poor eating habits is the primary driver of the body composition analyzers market. As obesity and other metabolic diseases have become more common, people have become more aware of the importance of health and wellness. As a result, they have been encouraged to join health clubs and exercise centres in order to lose weight. These facilities are having a positive impact on the industry's growth because they use BCA to test people's body composition on a regular basis.

Data Bridge Market Research analyses that the body composition analyzers market which is USD 88.84 million in 2022, is expected to reach USD 314.10 million by 2030, at a CAGR of 17.1% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Asia-Pacific Body Composition Analyzers Market Scope and Segmentation  

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Bio Impedance Analyzers, Dual Energy X-Ray Absorptiometry, Skinfold Caliper, Air Displacement Plethysmography, Hydrostatic Weighing Equipment, Others), Compartment Model Type (Two-Compartment Model, Three-Compartment Model, Multi-Compartment Models), End User (Health Fitness Club, Hospital and Clinics, Academy, Others)

Countries Covered

China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)

Market Players Covered

COSMED srl (Italy), General Electric (U.S.), OMRON Corporation (Japan), seca (Germany), Tanita (Japan), Bodystat (Isle of Man) Limited (U.S.), RJL SYSTEMS Inc (U.S.), Hologic Inc. (U.S.), Maltron International Ltd (U.K.), InBody Pvt. Ltd. (South Korea), SELVAS Healthcare, Inc. (South Korea), beurer (India), LAICA S.p.A (Spain), akern (Italy)

Market Opportunities

  • Rising usage of analyzers

Market Definition

A body composition analyzer (BCA) is a piece of equipment used to calculate weight, body fat percentage, water percentage, BMR, DCI, metabolic age, bone mass, muscle mass, physique, and visceral fat rating. It defines weight more precisely than body mass index (BMI) and can also project cumulative changes in the body over time. Nowadays, there is a wide range of BCA models on the market, including Ironman, FitScan, and Innerscan, that provide relevant measurement values and data to medical professionals, assisting in the tracking of patient progress, as well as the diagnostics and screening of obesity and associated comorbidities.

Asia-Pacific Body Composition Analyzers Market Dynamics

Drivers

  • Rise in usage of variety of BCA models

A variety of BCA models, such as Ironman, Fitscan, and Innerscan, are available on the market that provide medical professionals with relevant measurement values and data, assisting in the tracking of patient progress, as well as the diagnosis and screening of obesity and associated comorbidities. Industrial participants also developed Bio-electrical Impedance Analysis (BIA), a non-invasive tool used by medical practitioners to estimate body fat percentage. They've also created an ANT+ and Bluetooth wireless Body Composition Analyzer with dual displays. Aside from that, governments around the world are investing in healthcare infrastructure in response to the ongoing spread of coronavirus disease (COVID-19), which is driving up demand for medical devices.

Opportunities

  • Rising usage of analyzers

Some analyzers can predict the total variation in body composition over a given time period. A variety of analyzers are used to determine body composition in hospitals, fitness centres, academic and research centres, and at home. Body Structure Analyzers are devices that calculate various components of the body such as minerals, fat, protein, and water. Additionally, these devices determine weight more precisely than the BMI (BMI). Body Composition Analyzer can pinpoint muscle mass, fat mass, and body fat percentage changes. These are the certain factors which propel the market growth.

Restraints/Challenges

  • High cost of equipment

The high equipment cost and the regulatory framework will likely hamper the growth of the body composition analyzers market during the forecast period. The market will face challenges due to the need for trained personnel and inconsistent results.

  • Lack of awareness

In developing and underdeveloped economies, a lack of awareness and an inefficient and unfavourable reimbursement scenario will derail market growth. Furthermore, stringent government regulations on product approval and high equipment costs will pose additional challenges to the market. The lack of skilled professionals in developing economies and the inaccuracy of certain analyzers will impede market growth.

This body composition analyzers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the body composition analyzers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Asia-Pacific Body Composition Analyzers Market Scope

The body composition analyzers market is segmented on the basis of product type, compartment model type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Bio Impedance Analyzers
  • Dual Energy X-Ray Absorptiometry
  • Skinfold Caliper
  • Air Displacement Plethysmography
  • Hydrostatic Weighing Equipment
  • Others

 Compartment Model Type

  • Two-Compartment Model
  • Three-Compartment Model
  • Multi-Compartment Models

End User

  • Health Fitness Club
  • Hospital and Clinics
  • Academy
  • Others

Body Composition Analyzers Market Regional Analysis/Insights

The body composition analyzers market is analyzed and market size insights and trends are provided by country, product type, compartment model type and end user as referenced above.

The countries covered in the body composition analyzers market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).

China is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 due to rise in the obese population in countries such as Japan and China.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The body composition analyzers market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for body composition analyzers market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the body composition analyzers market. The data is available for historic period 2011-2021.

Competitive Landscape and Body Composition Analyzers Market Share Analysis

The body composition analyzers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to body composition analyzers market.

Some of the major players operating in the body composition analyzers market are:

  • COSMED srl (Italy)
  • General Electric (U.S.)
  • OMRON Corporation (Japan)
  • seca (Germany)
  • Tanita (Japan)
  • Bodystat (Isle of Man) Limited (U.S.)
  • RJL SYSTEMS Inc (U.S.)
  • Hologic Inc. (U.S.)
  • Maltron International Ltd (U.K.)
  • InBody Pvt. Ltd. (South Korea)
  • SELVAS Healthcare, Inc. (South Korea)
  • beurer (India)
  • LAICA S.p.A (Spain)
  • akern (Italy)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The body composition analyzers market is projected to grow at a CAGR of 17.1% during the forecast period of 2023-2030.
The Asia-Pacific Body Composition Analyzers Market will expand exponentially to USD 314.10 million by 2030.
The Asia-Pacific Body Composition Analyzers Market report is analyzed on the basis of product type, compartment model type, and end user.
The demographic regions analyzed in the Asia-Pacific Body Composition Analyzers Market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
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