Geratherm Medical AG & General Electric Company are Top Players Followed Metabolic Testing Market by 2024
The Global Metabolic Testing Market, By Product (CPET Systems, Metabolic Carts, ECG & EKG Systems, Body Composition Analyzers, Software), By Application (Lifestyle Diseases, Critical Care, Human Performance Testing , Dysmetabolic Syndrome X, Metabolic Disorders), By Technology (VO2 Max Analysis, RMR Analysis, Body Composition Analysis), By End User (Hospitals, Laboratories, Sports Training Centers, GYMS), By Geography – Industry Trends and Forecast to 2024.
Global Metabolic Testing Market accounted to USD 383.92 million in 2016 growing at a CAGR of 8.1% during the forecast period of 2017 to 2024.
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Definition of Global Metabolic Testing Market:
Metabolism is a chemical reaction and physical process that includes maintenance of the living state, such as breathing, blood circulation, contraction of muscles, digestion of food and nutrients, elimination of wastes such as urine, controlling body temperature, and functioning of brain and nerves of the organism. Enzymes are vital to metabolism as they allow the organism to drive reactions for required energy. It is divided into two categories, i.e. catabolism and anabolism. Increased chronic diseases boost the market.
- No of pages: 350
- No of Figures: 60
- No of Tables: 220
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Segmentation of Global Metabolic Testing Market:
The global metabolic testing market is segmented by product into CPET systems, metabolic carts, ECG & EKG systems, body composition analyzers and software.
On the basis of application the market is segmented into lifestyle diseases, critical care, human performance testing, dysmetabolic syndrome X and metabolic disorders.
On the basis of technology the market is segmented into VO2 max analysis, RMR analysis and body composition analysis.
By end user the market is segmented into hospitals, laboratories, sports training centers and GYMS.
On the basis of geography, metabolic testing market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Competitive Analysis:
The metabolic testing market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of metabolic testing market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors:
Some of the major players operating in metabolic testing market are Geratherm Medical AG, General Electric Company, OSI Systems, Inc., BD, MGC Diagnostics Corporation, Cosmed Group, CORTEX Biophysik GmbH, KORR Medical Technologies, Inc., Parvo Medics, Microlife, AEI Technologies, Breezing, VacuMed, Merck KGaA, Abbott, Admera Health, Endurance Company, LLC, PreventiNe Life Care and Promega Corporation among others.
Summary of Market Drivers and Restraints:
- Increasing healthcare expenses
- Rising cases of existence diseases
- Technological advancements in the testing
- High price of equipment and software
- Reimbursement concerns
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