Bioimpedance Analyzers Market: Global Industry Analysis And Forecast 2023 - 2029

Market Overview:

The Global Bioimpedance Analyzers market was valued at USD 465.58 million in 2021 and is expected to reach USD 836.45 million by the year 2028, at a CAGR of 8.73%.

The screening instrument that can be used to measure and accurately analyze body composition and body fat is known as a bioimpedance analyzer (BIA). It is a non-invasive instrument that doctors use to calculate body fat percentage. Additionally, it enables the estimation of bone weight, metabolic rate, percentage of hydration levels, percentage of muscular tissues, and fitness levels. There are many techniques used to make sense of observed bioimpedance data, and there are many ways to estimate body composition using bioimpedance. The electrical conductivity concept underlies how bioimpedance analyzers operate.

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Market Dynamics:

Driver:

Businesses focus on the development of products that offer both clinical and economic relevance to the overall company. This can be ascribed to several things, including the expansion of the healthcare sector in developing nations and government and public sector investments in healthcare IT. The market for bioimpedance analyzers is anticipated to expand in the coming years as a result of rising healthcare spending and efforts by manufacturers to develop cutting-edge products to meet the rising demand for sophisticated solutions in emerging countries. Bioimpedance analyzers provide an accurate measurement of the amount of fat, muscle, and bone in the human body. This will be accelerating the growth of the bioimpedance analyzers market over the forecast period.

Opportunities:

The bioimpedance instruments market is expected to grow at the fastest rate in developing nations like India, China, and Brazil. This can be ascribed to the rise in lifestyle diseases, increased awareness of obesity and health issues, and infrastructure improvements in these economies. Given its recent infrastructure improvements, rapid economic growth, rising domestic demand, and public-private efforts to support healthcare research, China is an important market in this respect.

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The Report Will Include A Major Chapter

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Market Segmentation

Based on Product Type, the bioimpedance analyzers market is segmented into Single-frequency Analyzers, Dual-frequency Analyzers, Multi-frequency Analyzers, Bioimpedance Spectroscopy, Whole Body Bioimpedance Measurement, Body Segment Bioimpedance Measurement, Alternative Bioimpedance Analysis Method. The Multi-frequency Analyzers segment is expected to witness the maximum growth during the forecast period. The preference for multi-frequency bioimpedance analyzers is high among end-users as they can be utilized for both segmental and whole-body measurement, far from the single-frequency bioimpedance analyzers.

Based on the Modality, the bioimpedance analyzers market is segmented into wired bioimpedance analyzers and wireless bioimpedance analyzers. The wireless bioimpedance analyzers segment accounted for the largest bioimpedance analyzers market during the forecast period. The developments in and the rising demand for wireless technologies are major turning factors for this bioimpedance analyzers market.

Based on End-Users, the bioimpedance analyzers market is segmented into hospitals, fitness clubs, and wellness centers, home users, and other end users. The fitness clubs and wellness centers segment are expected to hold the maximum share of the bioimpedance analyzers market over the forecast period. The growing number of fitness clubs and wellness centers and the rising consciousness regarding health and fitness over the world are the key driving factor for this bioimpedance analyzers market.

Based on the Application, the bioimpedance analyzers market is segmented into segmental body measurement and whole-body measurement. The segmental body measurement segment is anticipated to register the highest bioimpedance analyzers market share throughout the projected period. The large share of this segment can be attributed to the rising prevalence of obesity and metabolic disorders.

By Type:

•Single-frequency Analyzers
•Dual-frequency Analyzers
•Multi-frequency Analyzers

By Modality:

•Wireless Bioimpedance Analyzers
•Wired Bioimpedance Analyzers

By Application:

•Segmental Body Measurement
•Whole-body Measurement

By End Users:

•Hospitals
•Fitness Clubs and Wellness Centers
•Home Users
•Other

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Regional Analysis of Bioimpedance Analyzers Market:

Based on the region, the bioimpedance analyzers market is classified into North America, Europe, Asia Pacific, and the Rest of the World (RoW).
The North American region is expected to dominate the bioimpedance analyzers market during the forecast period. The maximum share of North America can be attributed to factors such as the rising obesity rate, government initiatives to motivate healthy lifestyles, increasing use of body composition analyzers for assessing athlete fitness, and rising number of health clubs and fitness centers.

By Region:

•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA)

Key Players For The Global Bioimpedance Analyzers Market

•Xiaomi (China)
•Guangzhou Beautylife Electronic Technology Co.Ltd. (China)
•Bodystat Ltd. (UK)
•InBody (South Korea)
•RJL Systems (US)
•seca GmbH & Co. KG (Germany)
•EVOLT 360 (Australia)
•Chartered Electronics Co. Ltd. (China)
•SELVAS Healthcare (South Korea)
•Akern (Italy)
•Maltron International (UK)
•Fook Tin Group Holding Ltd. (China)
•Biotekna (Italy)
•Withings (France)
•Omron Corporation (Japan)

Key Industry Developments In The Bioimpedance Analyzers Market

In January 2016, Seca GmbH & co. kg, Hamburg, has presented a way to perform a mobile body composition analysis on patients in the supine position (Hall 12 at Stand 12 A 63). seca has made this a reality through a global innovation that ushers in a new era for lying bioimpedance measurement in terms of precision, medical validation, and handling. The seca mBCA 525 offers a complete analysis of body composition using medically validated data for diagnosis and therapy. The innovative centerpiece is a measuring mat as a multifunctional tool.

In 2017, Selvas Healthcare introduced the ACCUNIQ BC380 artificial intelligence-based body composition analyzer globally.

In July 2020, Omron Healthcare partnered with Mount Sinai Health System of New York to provide patients with its new VitalSight home blood pressure monitoring solution.

In January 2020, InBody USA introduced the InBody 970 device. The device utilizes novel technology to categorize and analyze abdominal fat and total body water.

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Table of Content:

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Modality
 3.3 By Application
 3.4 By End-User

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Bioimpedance Analyzers Market by Type
 5.1 Bioimpedance Analyzers Market Overview Snapshot and Growth Engine
 5.2 Bioimpedance Analyzers Market Overview
 5.3 Single-frequency Analyzers
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Single-frequency Analyzers: Grographic Segmentation
 5.4 Dual-frequency Analyzers
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Dual-frequency Analyzers: Grographic Segmentation
 5.5 Multi-frequency Analyzers
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Multi-frequency Analyzers: Grographic Segmentation

Chapter 6: Bioimpedance Analyzers Market by Modality
 6.1 Bioimpedance Analyzers Market Overview Snapshot and Growth Engine
 6.2 Bioimpedance Analyzers Market Overview
 6.3 Wireless Bioimpedance Analyzers
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Wireless Bioimpedance Analyzers: Grographic Segmentation
 6.4 Wired Bioimpedance Analyzers
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Wired Bioimpedance Analyzers: Grographic Segmentation

Chapter 7: Bioimpedance Analyzers Market by Application
 7.1 Bioimpedance Analyzers Market Overview Snapshot and Growth Engine
 7.2 Bioimpedance Analyzers Market Overview
 7.3 Segmental Body Measurement
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Segmental Body Measurement: Grographic Segmentation
 7.4 Whole-body Measurement
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Whole-body Measurement: Grographic Segmentation

Chapter 8: Bioimpedance Analyzers Market by End-User

Continued…

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