DUBLIN, August 26, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Body Composition Analyzers Market 2016-2020" report to their offering.
The global body composition analyzers market to grow at a CAGR of 8.73% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global body composition analyzers market for 2016-2020. To calculate the market size, the report considers the revenue generated by the sales of different types of devices through various sales channels at retail price. The report also includes a discussion of the key vendors operating in this market.
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.
- Omron Healthcare
Other prominent vendors
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Market segmentation by technology
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/jtwq24/global_body
Related Topics: Medical Devices
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SOURCE Research and Markets