Europe Body Composition Analyzers Market is Growing at a Significant Rate in the Forecast Period 2017-2024


Posted September 7, 2018 by pankajukey1

Europe Body Composition Analyzers Market is expected to reach USD 660.9 million by 2024 from USD 363.7 million in 2016, at a CAGR of 7.8%.

 
Europe Body Composition Analyzers Market is expected to reach USD 660.9 million by 2024 from USD 363.7 million in 2016, at a CAGR of 7.8%. 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.
Segmentation: Europe Body Composition Analyzers Market
By Product [Bioimpedance Analyzer, Skinfold Caliper, Dual Energy X-Ray Absorptiometry (DEXA), Hydrostatic Weighing, Air Displacement Plethysmography],
End-User (Hospitals and Clinics, Health Clubs, Corporate Settings, Others),
Country (Germany, United Kingdom, France, Spain, Italy, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe)

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Drivers: Europe Body Composition Analyzers Market
Some of 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.

AGEING EUROPEAN POPULATION:
The rising ageing population is the main driver for the body composition analyzer market. As with the growing age people become much more conscious towards their health. Everyone want to see themselves as mentally and physically fit. The growth of the aging developed world population in turn grows the demand for medical devices, especially diagnostic equipment that focus on finding the constituents present in the body.

RISING OBESITY:
The rise in obesity is going to boost the growth of the body composition market as people would become more and more health conscious. The United Kingdom has the highest level of obesity as compared to the other European countries. The levels of obesity has trebled in the last 3 decades and with the current scenario more than half of the population would be obese in the coming 20 to 25 years. The rise in obesity levels can be blamed on the modern lifestyles, unhealthy eating habits, desk bound jobs and many more.

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GOVERNMENT INITIATIVES:
The obesity menace in the European countries and most specifically the United Kingdom, Turkey and others is on the rise. Due to the rising obesity the European government has been taking several initiatives to curb the problem of obesity and the problems that follow it. The members of the European parliament are leading a major new initiative to tackle the rising obesity epidemic in Europe. The initiative is costing the government more than Euro 70 billion a year in the healthcare expenditure and is losing productivity along with it.
HEALTHCARE CONSOLIDATION / MERGERS & ACQUISITIONS:
The mergers and acquisition of any company plays a very important role in expanding the business and reaching the ultimate customer. Patient care delivered by physicians and hospitals is being transformed due to the increased number of hospital mergers and acquisitions. Large health systems are acquiring independent hospitals in an attempt to pursue economies of scale. Medical device manufacturers as a result will need to invest in commercial software tools to help reduce business risk and to help better illustrate the clinical value of their devices.

INCREASING LIFESTYLE DISEASES:
The sedentary lifestyle among the younger generation, long hour desk job and unhealthy eating habits has given rise to obesity in the European countries. With the rise of obesity many serious diseases too follow such as cardio vascular diseases, diabetes, osteoarthritis and many more to follow.

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Major Players: Europe Body Composition Analyzers Market
Some of the major players operating Europe Body Composition Analyzers Market are:-
• Tanita (Japan),
• Omron Healthcare Inc. (Japan),
• Seca (Germany),
• InBody Co. Ltd. (South Korea),
• Selvashealthcare (Korea),
• Bodystat (U.K.),
• Hologic Inc. (U.S.),
• GE Healthcare (U.K.),
• COSMED (Italy),
• Beurer GmbH (Germany),
• RJL Systems (U.S.A),
• Maltron International Ltd. (U.K.),
• Laica (Italy).
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Tags body composition analyzer market , body composition analyzer research report , europe body composition analyzer industry analysis , europe body composition analyzer market research report
Last Updated September 7, 2018