The demand in the global bioimpendance analysers market is surging owing to high growth potential amongst emerging economies such as Brazil and India.
Global Bioimpendance Analysers Market: Overview
The demand in the global bioimpendance analysers market is surging owing to high growth potential amongst emerging economies such as Brazil and India. Rising private as well as public initiatives and investments aimed at supporting medical and healthcare research as well as increase in the domestic demands can also be stated as major drivers for the global bioimpendance analysers market. However, inconsistency in the accuracy of various products in the global bioimpendance analysers market can hamper the development of global bioimpendance analysers market in near future.
The healthcare category professional intelligence report evaluates various direct and indirect forces shaping the landscape of global bioimpendance analysers market over the forecast period of 2021 to 2031. It presents important data related to the current conditions in the global bioimpendance analysers market.
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The research report provides analysis of the key segments in the global bioimpendance analysers market along with their status, size, share, and forecast to 2031. The study also presents valuable data regarding the competitive landscape of the global bioimpendance analysers market and provides insights regarding market standing, competitive position, and financial details of the major incumbent industry players. It also sheds light on key regions as well as leading countries operational in the global bioimpendance analysers market.
Global Bioimpendance Analysers Market: Major Trends and Drivers
Growth in the global bioimpendance analysers market can be attributed to several factors including rising prevalence of various lifestyle diseases such as obesity and subsequent diabetes or joint disorders, increasing number of fitness clubs, sports rehabilitation centres, weight loss clinics, as well as gymnasiums, and rising consumer awareness regarding the benefits of maintaining a healthy lifestyle. Moreover, unhealthy eating habits, sedentary working conditions, decreased physical mobility owing to increased usage of automobiles, and rising consumption of fast and junk food are creating various problems for human health, which in turn, is fostering the growth of global bioimpendance analysers market.
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Global Bioimpendance Analysers Market: Key Players and Manufacturers
Some of the major and leading players and manufacturers operating within the global bioimpendance analysers market include Omron Corporation, InBody, Seca GmbH & Co. KG, SELVAS Healthcare, Fook Tin Group Holding Ltd., Maltron International, Withings, Akern, Sino Hero Shenzhen Bio Medical Electronics Co. Ltd., Guangzhou Beautylife Electronic Technology Co. Ltd., Tanita Corporation, RJL Systems, EVOLT 360, Charder Electronic Co. Ltd., Biotekna, Biodynamics Corporation, Xiomi, Lumsail Industrial Inc., and bioparhom.
The global leading position within the global bioimpendance analysers market was attributed to Tanita Corporation of Japan in 2020. The company showcases strong regional presence in several regions, including Europe, Asia Pacific, and North America. Players and manufacturers operating within the global bioimpendance analysers market are engaging in organic growth strategies such as product enhancement as well as new product launches in order to amass a leading position in the global bioimpendance analysers market. For example, InBody launched a new ThInBody 970 in 2020 at the CES Las Vegas. Furthermore, Selvas Healthcare launched an artificial intelligence technology based body composition analyser called ‘ACCUNIQ BC380’ in 2017 globally.
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Global Bioimpendance Analysers Market: Regional Assessment
Geographically, key regions covered in the research report on the global bioimpendance analysers market include North America, Asia Pacific, Europe, and rest of the world. North America amounted for a massive share in the global bioimpendance analysers market in 2020 owing to various factors such as rising rate of obesity, launch of various initiatives by regional governments to encourage increased adoption of healthy and sustainable lifestyles, rising usage of body composition analysers for the purpose of assessing fitness levels among athletes, as well as rising number of fitness centres, gyms, as well as health clubs in the region. Another region expected to display considerable growth in global bioimpendance analysers market in coming years in Asia Pacific.
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