The Global Market for Metabolic Testing Solutions is Projected to Reach US$452.6 Million by 2020
Growing Incidence of
Lifestyle Diseases Drives Demand for Metabolic Testing Solutions, According to a
New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends,
growth drivers, market share, size and demand forecasts on the global Metabolic
Testing Solutions markets. The global market for Metabolic
Testing Solutions is projected to reach US$452.6 million by 2020, driven by the increasing
incidence of lifestyle diseases, growing trend towards preventive medicine, and
technological advancements.
Exercising and weight management emerged as one of the most noticeable
trends in recent years, as a result of the growing focus on overall well-being
among the general population. As more number of people turn towards fitness
approaches to shed excess weight, and stay fit and active, demand for solutions
that assist in determining metabolic rate and calorie calculations is expected
to surge in the coming years. Metabolic testing solutions designed to analyze the
performance of lungs and heart, assessing body’s O2 absorbing and CO2 producing
capabilities and analyzing body composition in terms of fat and non-fat mass
are witnessing significant growth in demand. These solutions including CPET
systems, metabolic carts and body composition analyzers are used by
physicians/clinicians, medical researchers and exercise physiologists in
hospitals, gyms, sports training centers and laboratories for various purposes
including detection of risk of various diseases, weight management and human
performance testing, among others.
Cardiopulmonary exercises
testing (CPET) systems aid in assessing various physiological
responses including VO2 Max to exercises. Demand for CPET systems is also driven
by technological advancements that enable clinicians to gather responses to
exercises from neuropsychological, skeletal muscle, hematopoietic, pulmonary
and cardiovascular systems. Advanced computerized CPET systems enable users to
make simple as well as complex analysis of data acquired by the system in
addition to easy data storage and retrieval features. Metabolic carts represent
the gold standard in measuring energy expenditure, which provides more accurate
and reliable readings than making estimation using age, sex, height, body
weight and fat mass. Demand for body composition analyzers is primarily being
driven by growing prevalence of obesity worldwide.
As stated by the new market research report on Metabolic Testing Solutions, the United States
represents the largest regional market worldwide. Asia-Pacific ranks as the
fastest growing market worldwide with a CAGR of 10.7% over the analysis period.
The growth in the region is driven by larger target patient population,
improving healthcare infrastructure, increasing incidence and prevalence of
cardiopulmonary diseases, and growing awareness over diseases and the available
diagnostic and treatment options.
Major players covered in the report include AEI Technologies, Inc.,
Bodystat Limited, CareFusion Corporation, CORTEX Biophysik GmbH, COSMED, GE
Healthcare, Geratherm Medical AG, Hologic, Inc., InBody Co., Ltd., KORR Medical
Technologies, Inc., Laica SPA, MGC Diagnostics Corporation, Mindray Medical
International Limited, Mortara Instrument, Inc., Nihon Kohden Corporation, Omron Healthcare, Inc., Philips Healthcare, Schiller AG, seca GmbH &
Co. KG., Spacelabs Healthcare, Inc., Tanita Corporation, and Welch Allyn, Inc.
among others.
The research report titled “Metabolic Testing Solutions:
A Global Strategic Business Report” announced by Global
Industry Analysts Inc., provides a comprehensive
review of global market trends and issues, growth drivers, company profiles,
mergers and acquisitions, and other strategic industry activities. The report
provides market estimates and projections in US$ for all major geographic
markets, such as the US, Canada, Japan, Europe (France, Germany, Italy, UK,
Spain, Russia and Rest of Europe), Asia-Pacific, Latin America and Rest of
World. The market for Metabolic Testing Solutions is also analyzed by product segments
- ECGs/EKGs, Metabolic Carts, CPET Systems and Others. Technology segments
analyzed in the report include VO2 Max Analysis and Others.
Global Industry
Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.
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