PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1608231
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1608231
U.S. Body Composition Analyzers Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)
Market Overview
The U.S. body composition analyzers market is projected to generate $249.6 million in revenue in 2024, with an anticipated compound annual growth rate (CAGR) of 9.7% from 2024 to 2030, reaching $434.4 million by 2030. This growth is driven by the increasing prevalence of obesity, the expansion of the fitness industry, and the rising adoption of bio-impedance analyzers in sports and athletics. Body composition analyzers play a crucial role in diagnosing and treating conditions such as sarcopenia, malnutrition, and chronic diseases. The integration of digital health platforms, advancements in artificial intelligence (AI) and machine learning (ML), and the growing demand for portable and miniaturized devices are further propelling market expansion.
Key Insights
Segmentation Analysis: Bio-impedance analyzers are expected to dominate the market, accounting for approximately 35% of revenue in 2024. Their non-invasive nature, ease of use, affordability, and quick results make them popular across various settings, including healthcare facilities, fitness centers, and homes. Dual-energy X-ray absorptiometry devices are anticipated to experience a CAGR of 10.3% between 2024 and 2030, driven by their accuracy and growing demand in clinical and research applications.
Regional Trends: The Southern region is projected to hold the largest market share, while the Western region is expected to exhibit the fastest growth. Factors contributing to this trend include higher obesity rates in the South and a concentration of fitness-conscious populations and wellness initiatives in the West.
Technological Advancements: The incorporation of AI and ML into body composition analyzers enhances data analysis and personalized health insights. Integration with digital health platforms allows for seamless tracking and monitoring, catering to the increasing consumer demand for portable and user-friendly devices.
Competitive Dynamics: The market is fragmented, with numerous players offering specialized products. Companies are focusing on technological innovations and strategic partnerships to gain a competitive edge. The emphasis on miniaturization and portability is leading to the development of more compact and user-friendly analyzers.
Emerging Opportunities: The rising awareness of health and fitness, an aging population, and the popularity of personalized nutrition and fitness plans present significant opportunities. The growing interest in sports and athletics further drives the demand for advanced body composition analysis tools.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by product
- 1.4.2. Market size breakdown, by mobility
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by region
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Product (2019-2030)
- 6.3. Market Revenue, by Mobility (2019-2030)
- 6.4. Market Revenue, by Application (2019-2030)
- 6.5. Market Revenue, by Region (2019-2030)
Chapter 7. Competitive Landscape
- 7.1. List of Market Players and their Offerings
- 7.2. Competitive Benchmarking of Key Players
- 7.3. Product Benchmarking of Key Players
- 7.4. Recent Strategic Developments
Chapter 8. Company Profiles
- 8.1. CONMED Corporation
- 8.1.1. Business overview
- 8.1.2. Product and service offerings
- 8.1.3. Key financial summary
- 8.2. Cardinal Health Inc.
- 8.2.1. Business overview
- 8.2.2. Product and service offerings
- 8.2.3. Key financial summary
- 8.3. Medline Industries Inc.
- 8.3.1. Business overview
- 8.3.2. Product and service offerings
- 8.3.3. Key financial summary
- 8.4. Hologic Inc.
- 8.4.1. Business overview
- 8.4.2. Product and service offerings
- 8.4.3. Key financial summary
- 8.5. Tanita Corporation
- 8.5.1. Business overview
- 8.5.2. Product and service offerings
- 8.5.3. Key financial summary
- 8.6. Omron Corporation
- 8.6.1. Business overview
- 8.6.2. Product and service offerings
- 8.6.3. Key financial summary
- 8.7. InBody Co. Ltd.
- 8.7.1. Business overview
- 8.7.2. Product and service offerings
- 8.7.3. Key financial summary
- 8.8. Seca GmbH & Co. KG
- 8.8.1. Business overview
- 8.8.2. Product and service offerings
- 8.8.3. Key financial summary
- 8.9. RJL Systems Inc.
- 8.9.1. Business overview
- 8.9.2. Product and service offerings
- 8.9.3. Key financial summary
Chapter 9. Appendix
- 9.1. Abbreviations
- 9.2. Sources and References
- 9.3. Related Reports
