InBody, a global leader in professional body composition analysis and medical device technologies, announced the release of its BWA 2.0 body water analyzer, a professional-grade device. The analyzer expands upon the outputs measured by the InBody S10 to provide users with more detailed insights that demonstrate how variations in body composition and body water can affect well-being.
GE HealthCare Technologies Inc. announced a marketing collaboration agreement with FitTrace, a leading cloud-based body composition analysis, and reporting software company.
Author Credits: Radhika Gupta, Shivam Bhutani
Report ID: 5034
Published Date: Jun 16, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The increasing ubiquity of obesity and the rising concern about weight-related diseases are the major factors driving the growth of the body composition analyzers market.
The market size of body composition analyzers is anticipated to attain a CAGR of ~15.70% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are InBody Inc., GE HealthCare Technologies Inc., Cosmed srl, Tanita Corporation, Omron Corporation, and Hologic Inc.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by product, end-user, and by region.
The fitness clubs and wellness centers segment are anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Lack of accuracy of the ascertained measures as well as the high cost of equipment are estimated to be the growth hindering factors for the market expansion.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.