LAMEA Body Composition Analyzers Market Size, Share & Industry Trends Analysis Report By Product Type, By End User (Fitness Clubs & Wellness Centers, Hospitals, and Home Users), By Country and Growth Forecast, 2021 - 2027
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Market Report Description
The Latin America, Middle East and Africa Body Composition Analyzers Market would witness market growth of 6.8% CAGR during the forecast period (2021-2027).
One of the key trends of the overall market is an increase in the obese population and increased government measures to promote a healthy lifestyle. Total body water, protein, minerals, body fat mass, weight, skeletal muscle mass, BMI, body composition history, and obesity evaluation are all included in body composition analyzers. However, some of the major barriers to industry growth are expensive equipment costs and a strict regulatory framework governing the use of body composition analyzers.
Obesity is a metabolic disorder that is frequently linked to a variety of chronic conditions, all of which can result in large increases in mortality and comorbidity. The number of obese people who get their body composition tested on a regular basis is rising.
The growing rate of urbanization is complemented by new technology that encourages sedentary behavior. The population as a whole is engaged in less physical exercise as a result of the availability of private cars, television, and domestic appliances. The rise in calorie and fat intake in a place where exercise is not a cultural norm has contributed to the overall rise in overweight and obese people. Hence, these factors are likely to boost the growth of the regional Body Composition Analyzers Market during the forecasting period.
The Brazil market dominated the LAMEA Body Composition Analyzers Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $7.3 million by 2027. The Argentina market would experience a CAGR of 7.3% during (2021 - 2027). Additionally, The UAE market is anticipated to grow a CAGR of 6.5% during (2021 - 2027).
Based on Product Type, the market is segmented into Bio-impedance Analyzer, Dual Energy X-ray Absorptiometry Equipment, Skinfold Calipers, Air Displacement Plethysmography Equipment, and Hydrostatic Weighing Equipment. Based on End User, the market is segmented into Fitness Clubs & Wellness Centers, Hospitals, and Home Users. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co. (GE Healthcare), Hologic, Inc., Omron Corporation, Bodystat Limited, COSMED Srl, InBody Co., Ltd., RJL Systems, Inc., SELVAS Healthcare (Selvas AI, Inc.), Tanita Corporation, and Seca GmbH & Co. Kg.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Bio-impedance Analyzer
- Dual Energy X-ray Absorptiometry Equipment
- Skinfold Calipers
- Air Displacement Plethysmography Equipment, and
- Hydrostatic Weighing Equipment
By End User
- Fitness Clubs & Wellness Centers
- Hospitals, and
- Home Users
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- General Electric (GE) Co. (GE Healthcare)
- Hologic, Inc.
- Omron Corporation
- Bodystat Limited
- COSMED Srl
- InBody Co., Ltd.
- RJL Systems, Inc.
- SELVAS Healthcare (Selvas AI, Inc.)
- Tanita Corporation
- Seca GmbH & Co. Kg
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