BODY COMPOSITION ANALYZERS MARKET ANALYSIS

Market Challenges And Opportunities

According to WHO, 2016, 13% of the global population was overweight, which comprises 11% of men and 15% of women. Furthermore, according to OECD's Obesity Update 2017 report, obesity rates of the U.S. was 38.2% and ranked the first, while Mexico ranked the second with 32.4%. Obese population is more prone to metabolic as well as weight related disorder such as osteoarthritis, heart diseases, diabetes, high blood pressure etc. Overweight and obesity as well as their related diseases are largely preventable. So awareness for weight related health issues and governmental initiatives for healthier life will aid in growth of body composition analyzer market. Increasing prevalence of obesity is one of the major factors fuelling growth of body composition analyzer market. However, high cost of the devices is expected to be a major factor hindering growth of body composition analyzers market.