Thursday, 25 August 2016

Global Body Composition Analyzers Market to grow at a CAGR of 8.73% during the period 2016 - 2020; Finds New Report

Global Body Composition Analyzers Market 2016 - 2020

Report forecast the global body composition analyzers market to grow at a CAGR of 8.73% during the period 2016-2020.

Body composition analyzers are used for estimating body composition, particularly body fat. Bioelectrical impedance is the most common technology employed in analyzing a person's body fat percentage, total body water percentage, body weight, muscles mass, bone mineral mass, basal metabolic rate, metabolic age, body mass index, and visceral fat.

The report covers the present scenario and the growth prospects of the global body composition analyzers market for 2016-2020. To calculate the market size, the report considers the revenue generated by the sales of different types of devices through various sales channels at retail price.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
  • Europe

According to the report, rapid growth of e-commerce will be a key driver for market growth. With the growing popularity of e-commerce, it is now easier to gain access to or purchase a body composition analyzer. The number of websites selling fitness equipment and monitoring devices has increased significantly due to the growing awareness of healthier lifestyles among the consumers. The ability to market and sell these devices online opens up a whole new world of possibilities for vendors to expand their businesses. Further, with the rapidly increasing penetration of e-commerce, vendors can reach new customers, drastically increasing their potential customer bases.

Further, the report states that growing resale demand will be a challenge for the market. With the relatively long life of body composition analyzers, along with rapid innovations in this product segment, the resale of these products will increase significantly. The high cost of these devices makes it a challenge to obtain them, especially for home users. However, with the design and functionalities of these devices evolving with advances in technology, consumers who already own a basic model of a body composition analyzer are looking to upgrade to a more advanced yet user-friendly model, and often turn to resale for their existing products. This creates a drop in the demand for new basic bioimpedance body composition analyzers intended for home use, particularly for first-time buyers.

Global Body Composition Analyzers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global body composition analyzers market: Buerer, Inbody, Omron Healthcare, seca, and Tanita.

Other Prominent Vendors in the market are: Bremed, EmsiG, iHealth, Jawon, KERN, Marsden, Mediagate, Medisana, Microlife, Qardio, and Withings.

Market driver
  • Government and institutional initiatives
  • For a full, detailed list, view our report

Market challenge
  • Growing resale demand
  • For a full, detailed list, view our report

Market trend
  • Migration of manufacturing and sales facilities to APAC
  • For a full, detailed list, view our report

Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 67 pages and 39 Exhibit Global Body Composition Analyzers Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by end-user, Market segmentation by technology, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://mrr.cm/JvB

Find all Scientific and Technical Instruments Reports at: http://www.marketresearchreports.com/scientific-technical-instruments

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