The report on the Body Composition Analyzers Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2022-2028. The report also offers insights into different market segments and other factors affecting the market.

Report Forecast:

The body composition analyzers market was estimated at US$ 563 million in 2021 and is expected to grow at a CAGR of 7.3% during 2022-2028 to reach US$ ~839 million in 2028. Body composition analyzers are the tools used to measure various substances present in the body and offer their corresponding values at the examination location. Applications for body composition analyzers in sports and medical research are numerous, particularly in causal association studies in anthropology, diet, epidemiology, and others.

The market is expanding as a result of a number of causes, including a sizable patient population who are obese, an increase in the frequency of metabolic disorders, technology improvements, and growing public interest in health and fitness. For instance, the H20N Smart Scale was made available for home testing in the United States in June 2019 by international medical technology business InBody. A body composition assessment tool called the H20N Smart Scale provides important health data like weight, body fat percentage, BMI, and skeletal muscle mass.

COVID-19 IMPACT on the Market-

The COVID-19 pandemic has influenced almost all industries, little or large, dealing in any sector.

The growth curves of the Body composition analyzers market have witnessed an enormous ebb and flow in the year 2022. The market scenario and the pace of growth have taken a huge turn and have prompted numerous adjustments in the cycles. 2023 is probably going to be superior to 2022 for the Body composition analyzers market players as the greater part of the organizations have continued their activities and the interest is getting re-established for them.

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The Cornerstones in the market-

Listed below are the top key players that dominate the Body composition analyzers market –

The following are the major players in the body composition analyzers market:

• Bodystat Ltd
• Charder Electronic Co. Ltd
• Cosmed 
• EatSmart Inc.
• Fitbit Inc.
• Hologic Inc.
• Inbody Co. Ltd
• Koninklijke Philips NV
• Maltron International Ltd
• Omron Healthcare Inc.
• Seca GmbH & Co. Kg
• Tanita Corporation
• Withings
• Yunmai Smart Scale

Body composition analyzers Market Segmentation:

The Body composition analyzers market is segmented into the following categories-

The market is divided based on product and end user. On the basis of product, the market is further segmented into bio-impedance analyzer, skinfold calipers, hydrostatic weighing equipment, air displacement plethysmography, dual energy x-ray absorptiometry, and others. The sector for bio-impedance analyzers held the largest market share due to the equipment's accessibility and affordability, as well as its rising use in life-critical applications for monitoring renal functions.

Body composition measurements are provided by bio-impedance analyzers, including lean body weight, BMI, BMR, and total body water, among others. An increase in the number of obese people, an ageing global population, and significant government efforts to promote a healthy lifestyle are driving the growth of the body composition analyzers market. In addition, rising health club memberships and a general increase in health consciousness are anticipated to support the growth of the Body Composition Analyzers Market. A non-invasive technology called Bio-electrical Impedance Analysis (BIA), which is utilised by medical professionals to calculate body fat percentage, has also been developed by industry participants. They have also developed ANT+ and Bluetooth wireless body composition analyzers with dual displays.

On the basis of end user, the market is segmented into hospitals, fitness clubs and wellness centers, academic and research centers, and others. The fitness centers segment held the largest market share as a result of growing consumer awareness of body composition analyzers and rising demand in wellness centres and gyms to not only measure the amount of body fat for weight loss but also to provide a full body composition assessment to maintain health.

The body composition analyzers market is broken down geographically into areas like North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The body composition analyzers market is anticipated to be dominated by the North American region. Numerous variables, including rising obesity rates, more government funding, and an increase in the availability of health clubs and fitness centres, have been cited as contributing to the region's expansion.

On the other hand, approximately 73% of Mexicans are overweight, according to a research released by the Organisation for Economic Co-operation and Development (OECD) in January 2020 titled "Launch of the Study: "The Heavy Burden of Obesity: The Economics of Prevention." One of the OECD's countries with the highest obesity rates is Mexico. Furthermore, the biggest percentage of obese people—34%—are morbidly obese. obesity's high prevalence in Mexico is creating demand for fitness monitoring devices.

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