Body Composition Analyzers Market Growth, Trends Forecasts 2016-2020

Technavio Announces the Publication of its Research Report Global Body Composition Analyzers Market 2016-2020

Technavio recognizes the following companies as the 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.

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Commenting on the report, an analyst from Technavios team said: One of the key trends for market growth will be rise in healthcare costs. Healthcare costs have been rising over the past decade. For instance, in the US, they increased by 91% between 2000 and 2011. The rise in the prices of drugs, medical devices, and hospital care is the prime reason for this. It can also be attributed to the increase in demand for specialty medicines in the country. Cardiovascular devices help people lose weight without medicines and drugs. People have started exercising not only as a preventive healthcare measure but also to avoid spending money on costly treatments and medications if the need arises due to health negligence”

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...