The Europe Body Composition Analyzers Market is expected to reach USD 660.9 million by 2024 at a CAGR of 7.8% from 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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The major factors driving the market for europe body composition analysers market are obese population, growing health and fitness consciousness, healthcare consolidation / mergers & acquisitions, ageing European population, increasing lifestyle diseases, government initiatives for public health awareness, and increasing health club memberships. On the other hand, factors such as regulatory, high cost of the equipment, requirement of trained staff, and inconsistent results may hamper the growth of the market.
Some of the major Companies operating in the europe body composition analyzers market are:
- InBody Co., Ltd.
- Selvashealthcare
- Bodystat
- Hologic, Inc.
- GE Healthcare
- COSMED
- Beurer GmbH
- RJL Systems
- Maltron International Ltd.
- Laica
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The europe body composition analyzers market is segmented on the basis of product type, end-user and region.
The major drivers behind the growth of this market are rising obesity, government initiatives, healthcare consolidation / mergers & acquisitions, increasing lifestyle diseases.
On the basis of product type the europe body composition analyzers market is segmented into Bio impedance Analyzers (BIA), Dual-Energy X-Ray Absorptiometry (DEXA), Skinfold Calipers, Hydrostatic Weighing (HwD), Air Displacement Plethysmography (ADP).
Based on surgery type, the europe body composition analyzers market is segmented into hospitals and clinics, corporate settings, health clubs, and other end users.
Based on geography the the europe body composition analyzers market is segmented into geographical regions such as Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, and Rest of Europe.
The Europe Body Composition Market is highly competitive and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Tanita (Japan) dominated the body composition analysers market accounting for a highest market share in 2016, followed by Omron Healthcare, Inc. (Japan) and Seca (Germany).
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