As per the research report, the Latin America Body Composition Analyzers Market was worth USD 79.50 million in 2022. It is projected to be growing at a CAGR of 11.2%, to touch USD 135.17 million by 2027.
Muscular tissue takes up lesser space in the body than fat tissue, making it hard to determine body composition manually. Body composition analyzers determine body composition and help determine the risk of individuals developing diseases like truncal and abdominal obesity.
Body Composition Analyzers' main task is to measure the percentages of fat, bone, water, and muscle present in the human body. BCAs are valuable in determining muscularity, particularly in the fitness & sports industry, while also catering to the people's growing health awareness.
The growth of the Latin America Body Composition Analyzers Market is driven by factors such as the increasing awareness among the people about the problems associated with obesity and the benefits of maintaining appropriate fitness levels. Other factors driving the Asia-Pacific market include the rising use of BCAs in the sports and fitness industry and increasing government expenditure to increase awareness about physical activity and encourage health consciousness among the populace.
However, the high cost of the equipment and the inaccuracy of various analyzers are some of the market's constraints.
This research report on the Latin America Body Composition Analyzers Market has been segmented and sub-segmented into the following categories:
By Product:
By End-users:
By Country:
Geographically, Brazil is one of the largest markets in this region, followed by Mexico, Argentina, and Columbia. There is potential for market growth in the future due to increasing health consciousness and untapped markets.
Prominent companies leading in the Latin America Body Composition Analyzers Market profiled in the report are InBody Co., Ltd (South Korea), Tanita Corporation (Japan), Omron Corporation (Japan), Hologic, Inc. (U.S.), and GE Healthcare (U.S.), among others.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Bio-Impedance Analyzers
5.1.3 Dual Energy X-Ray Absorptiometry Equipment
5.1.4 Skinfold Callipers
5.1.5 Air Displacement Plethysmography
5.1.6 Hydrostatic Weighing Equipment
5.1.5 Y-o-Y Growth Analysis, By Product
5.1.6 Market Attractiveness Analysis, By Product
5.1.7 Market Share Analysis, By Product
5.2 End User
5.2.1 Introduction
5.2.2 Hospitals
5.2.3 Fitness Clubs and Wellness Centres
5.2.4 Academic & Research Centres
5.2.5 Home Users
5.2.6 Y-o-Y Growth Analysis, By End User
5.2.7 Market Attractiveness Analysis, By End User
5.2.8 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By End User
6.2 Brazil
6.3 Mexico
6.4 Rest of Latin America
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 InBody Co.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Tanita Corporation
8.3 Omron Corporation
8.4 Hologic
8.5 GE Healthcare
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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