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Global Metabolic Testing Market

March 16, 2018

Global Metabolic Testing Market, By Product Type (Body Composition Analyzers, Cardiopulmonary Exercise Testing (CPET) Systems, ECG Systems, Metabolic Carts, and others ), By Application (Lifestyle Diseases, Critical Care, Human Performance Testing, Dysmetabolic Syndrome, Metabolic Disorders, and Other Applications), By Technology (VO2 Max Analysis, RMR Analysis, and Body Composition Analysis), By End User (Hospitals & Clinics, Sports Training Centers, Home Care Settings, and Others), By Region (North America, Latin America, Europe, Asia-Pacific, Middle East and Africa) - Global Forecast, 2020-2025.

Report Code :FMR221      
Pages :281 Pages
Format :   PPT Format   PDF Format

The global metabolic testing market was valued at US$ xx million in the year 2019. This market is estimated to be valued at US$ xx million in the year 2020, and is expected to reach US$ xx million by the year 2025, with an estimated CAGR of xx% during the forecast period (2020-2025). Metabolic tests are being performed to measure the living state of the cells and the organism. Metabolic testing involves a number of different tests such as resting metabolic rate (RMR), maximum volume of oxygen (V02 Max), lactate threshold test, and other. There are various instruments such as body composition analyzers, cardiopulmonary exercise testing (CPET) systems, ECG systems, metabolic carts, and others, available in the market to measure the metabolic rate.

Table 1. Global metabolic testing market Synopsis

Parameters

Description

Market Value (US$ Mn) for the Period

2018-2025

Base Year

2019

Forecast Period

2020-2025

Market Segmentation (By Product Type)

Body Composition Analyzers, Cardiopulmonary Exercise Testing (CPET) Systems, ECG Systems, Metabolic Carts, and others

Market Segmentation (By Application)

Lifestyle Diseases, Critical Care, Human Performance Testing, Dysmetabolic Syndrome, Metabolic Disorders, and Other Applications

Market Segmentation (By Technology)

VO2 Max Analysis, RMR Analysis, and Body Composition Analysis

Market Segmentation (By End User)

Hospitals & Clinics, Sports Training Centers, Home Care Settings, and Others

Regions Covered

North America, Latin America, Europe, Asia-Pacific, Middle East and Africa

Key Players Coverage

Geratherm Medical AG, MGC Diagnostics Corporation, CORTEX Biophysik GmbH, General Electric Company, Microlife Medical Home Solutions, Inc., OSI Systems, Inc., COSMED srl, Vyaire Medical, Inc. AEI Technologies, Inc., and KORR Medical Technologies, Inc., among others.

Key Insights

  • Latest Updates
  • Analyst Views
  • Future Outlook of the Market

Market Dynamics

Increasing product launches by the key players is contributing to growth of the global metabolic testing market during the forecast period. For instance, in June 2019, InBody, a leader in professional body composition analysis and medical device technologies, launched H20N Smart Scale for the U.S. market. It is the first smart scale device designed for homecare setting. The H20N Smart Scale provides essential health metrics including body fat percentage, body mass index (BMI), skeletal muscle mass, and weight. Moreover, in October 2017, SELVAS Healthcare launched ACCUNIQ BC380, an artificial intelligence-based body composition analyzer, for global market.

Moreover, prevalence of lifestyle diseases such as obesity, diabetes, and others is expected to propel the market size. For instance, according to the World Health Organization, in 2016, more than 1.9 billion adults, 18 years and older, were overweight, and among these over 650 million were obese.

On the flip side, high cost of the metabolic testing equipment is expected to hamper growth of the metabolic testing market. This high cost may result into reduced adoption rate of such technologies and equipment in the laboratories, especially in various emerging economies of Latin America, Middle East, and Africa. 

Figure 1. PORTER’S Analysis

 

Note: Above figure shown for illustrative purpose only, the actual data may vary and will be incorporated in the report.

North America is anticipated to hold a leading position in the global metabolic testing market owing to the rising concern of the lifestyle diseases in the regional population. For instance, according to the American Diabetes Association (ADA), in 2015, around 30.3 million people in the U.S. were suffering from diabetes. Europe metabolic testing market is anticipated to show significant growth attributed to presence of the major players such as Cosmed-Srl., CORTEX Biophysik GmbH, Geratherm Medical AG, and others in the region. These players are continuously focusing on the development and launching of the innovative metabolic testing equipment. For instance, in March 2018, Cosmed srl launched Q-NRG, a metabolic monitor for measuring energy expenditure in spontaneous breathing and mechanically ventilated patients admitted in ICU.

Figure 2. Regional Analysis

 

Note: Above figure shown for illustrative purpose only, the actual data may vary and will be incorporated in the report.

Competitive Landscape

Key players involved in global metabolic testing market include: Geratherm Medical AG, MGC Diagnostics Corporation, CORTEX Biophysik GmbH, General Electric Company, Microlife Medical Home Solutions, Inc., OSI Systems, Inc., COSMED srl, Vyaire Medical, Inc. AEI Technologies, Inc., and KORR Medical Technologies, Inc., among others.

Innovative product offerings by these players is increasingly contributing to growth of the metabolic testing market. For example, Cosmed srl, InBody Co.,Ltd., and VO2 Master, offer K5 Wearable Metabolic System, InBody BAND 2, and VO2 Master Pro, respectively. Recently, in January 2019, KORR Medical Technologies launched Metabolic Meal Plan application, which can help clinicians to implement, manage, and track patients’ weight-loss regimens.

Figure 3. Market Share of Key Players, 2019

 

Note: Above figure shown for illustrative purpose only, the actual data may vary and will be incorporated in the report.

By Product Type

  • Body Composition Analyzers
  • Cardiopulmonary Exercise Testing (CPET) Systems
  • ECG Systems
  • Metabolic Carts
  • Others

By Application

  • Lifestyle Diseases
  • Critical Care
  • Human Performance Testing
  • Dysmetabolic Syndrome
  • Metabolic Disorders
  • Other Applications

By Technology

  • VO2 Max Analysis
  • RMR Analysis
  • Body Composition Analysis

By End User

  • Hospitals & Clinics
  • Sports Training Centers
  • Home Care Settings
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
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Note: This report provides in-depth analysis of the global metabolic testing market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2025), considering 2019, as the base year.

  • What are the trends adopted by key players in the global metabolic testing market?
  • What key factors are expected to increase the demand for global metabolic testing market during the forecast period 2020-2025?
  • What are the major challenges inhibiting the growth of the global metabolic testing market?
  • What is the total market value (US$ Mn) generated in global metabolic testing market by product type in 2019 and what are the forecasts by 2025?
  • Which class of product type (body composition analyzers, cardiopulmonary exercise testing (CPET) systems, ECG systems, metabolic carts, and others) is expected to dominate the global metabolic testing market in the coming years?
  • Which technology (VO2 Max analysis, RMR analysis, and body composition analysis) is expected to foster the global metabolic testing market?
  • Which application is expected to propel the market in the foreseen future?
  • Which end user contribute highest CAGR (%) in the metabolic testing market?
  • What was the total revenue generated by the global metabolic testing market across different regions (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) in 2019, along with CAGR (%) for the period (2020-2025)?
  • Who are the key players contributing to the growth of the global metabolic testing market, and what are the new strategies adopted by them to retain a market share in the industry?
  • What is the competitive strength of the key players in the global metabolic testing market?
  • What are the major outcomes derived from the Porter’s five forces?
  • What new products are going to be approved or launched in the coming years which may have huge impact on the market?
  • What insights are derived through the analysis of key players on following parameters: company overview, financial performance, product portfolio, geographical presence, key highlights, and strategies?

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