The Global Metabolic Testing Market Was Valued At $596.32 Million In 2022 And Is Expected To Grow At A 7.62% CAGR During The Forecast Period (2022 – 2030)
Metabolic Testing Market |
Metabolic testing is the most accurate and reliable way to determine how many calories the body burns throughout the day. Knowing what your body requires is the key to losing weight and living a healthier lifestyle. The amount of oxygen the body consumes determines the metabolic rate. The test will determine the oxygen consumption and the number of calories the body burn while resting (also known as Resting Metabolic Rate or RMR), moderate exercise, and simple lifestyle activities.
During the forecast period, the
primary growth driver for Metabolic
Testing Market will be the rising prevalence of lifestyle diseases
(2022-2030). Furthermore, technological advancements and rising healthcare
costs are expected to drive market growth. However, the high cost of equipment
and software, as well as reimbursement issues, may limit the market's growth.
The global Metabolic Testing Market is divided into product, technology,
application, end-user, and region segments. The market is divided into five
product categories: CPET systems, metabolic carts, ECGs and EKGs, body
composition analyzers, and software. The market is divided into three
categories based on technology: VO2 max analysis, RMR analysis, and body
composition analysis. People from developing countries are investing more in
healthcare facilities right now.
This is due to rising disposable
income, improved healthcare infrastructure, and increased global demand for
high-quality medical care. In recent years, there has been a significant
increase in the number of patients suffering from various disorders or
diseases. Obesity and diabetes are two common lifestyle diseases that are
likely to increase demand for metabolic testing and thus expand market
opportunities.
Geographically, North America is
expected to hold a dominant position in the global Metabolic Testing Market in the coming years. The dominance of
regions is due to the rising prevalence of lifestyle-related diseases. Furthermore,
the South Asia & Pacific and East Asia regions are expected to grow rapidly
in the global market in the coming years. China and India are two prominent
countries in these two regions that are likely to contribute to regional market
growth opportunities due to the rising demand for these solutions.
Lumen released a platform in
March 2022 that allows users to log and track the macronutrients and
nutritional value of every item (volumes of protein, carbohydrates, and fats)
and meal. This feature is expected to assist users in determining the direct
impact of their respective dietary choices on metabolism.
key players - OSI Systems, Inc., Iworx
Systems, Vyaire Medical, Inc., GE Healthcare, General Electric Company, Geratherm Medical AG, MGC Diagnostics
Corporation, CORTEX Biophysik GmbH, COSMED srl, AEI Technologies, Inc., KORR Medical
Technologies, Inc., Hologic, Inc, Geratherm Medical AG, and Parvo Medics.
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