Asia Pacific Body Composition Analyzers Market By Product (Bio-impedance Analyser, DEXA, Skinfold Callipers, ADP, Hydrostatic Weighing), By End-users (Hospitals, Fitness &ellness Centres, Academic & Research Centres, Home-users) And By Region – Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)
The Asia Pacific Body Composition Analyzers Market was worth USD 59.62 million in 2016 and is projected to be growing at a CAGR of 16.5%, to touch USD 127.94 million by 2021. Body composition analyzers (BCAs) are devices which aid in measuring body composition.
Body composition refers to the proportions of fat and lean mass present in the body.
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The functioning of a Body Composition Analyzers involves measuring the percentages of fat, bone, water and muscle, present in the human body.
BCAs are useful in determining leanness, since muscle mass takes up lesser space when compared to fat by weight, which makes it difficult to judge body fat without accurate measurements.
The growth of the Asia-Pacific Body Composition Analyzers Market is majorly driven by the increasing awareness among the people about the problems associated with obesity, and the benefits that come with maintainting appropriate fitness levels. Other factors driving the Asia-Pacific market include the rising use of BCAs in the sports and fitness industry and increasing governmental expenditure to increase awareness about physical activity and encourage health consciousness among the populace.
However, high cost of the equipment and the inaccuracy of various analyzers are some of the constraints faced by the market.
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The Global Body Composition Analyzers Market is segmented on the basis of Product, End-User and Region. Based on the Product, the Body Composition Analyzers market is allocated into Bio-impedance analyser, Dual Energy X-ray Absorptiometry (DEXA), Skinfold Callipers, Air Displacement Plethysmography (ADP) and Hydrostatic Weighing.
On the basis of End User, the market is distributed among Hospitals, Fitness & wellness Centres, Academic & Research Centres and Home-users.
The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Asia-Pacific Body Composition Analyzers Ma rket is expected to grow at the highest CAGR, due to the availability of massive untapped markets and enormous population base coupled with increasing health & fitness awareness, which is reflected in its robust CAGR of more than 16%.
Factors such as growing disposable incomes and government support in countries such as India and China are expected to lead the growth of the market in this region.
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The significant players in the Asia-Pacific 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.
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