The report metabolic testing market product (CPET systems, metabolic carts, body composition analyzers, ECGs & EKGs attachable to CPET systems, software.), by application (lifestyle diseases, critical care, human performance testing, dysmetabolic syndrome x, metabolic disorders, and other applications.), by technology (VO2 max analysis, RMR analysis, and body composition analysis.), by end-user (hospitals, laboratories, sports training centers, gyms, and other end users.), and by region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America) is expected to reach US$ 762.3 Mn by 2026, at a CAGR of 7.97 % during a forecast period.
The driving factor of the global metabolic testing market is increasing sedentary lifestyle, up surging healthcare expenditures, technological advancements and the growing prevalence of lifestyle associated diseases, such as cardiovascular disease, obesity, and diabetes. In addition, the increasing healthcare awareness and improving the standard of living are also boosting the growth of the metabolic testing market.
The high cost of equipment & software, refund issues, and limited reimbursement are restraining the growth of the global metabolic testing market.
Asia-Pacific is the fastest growing region in the global metabolic testing market.
Asia-Pacific is the fastest growing region in the global metabolic testing market due to increasing healthcare expenditures, a huge pool of patients, upsurge in a standard of living, and intensifying government support in the region. Moreover, the metabolic testing market is growing due to increasing healthcare awareness and refining healthcare infrastructure in emerging countries, such as India and China.
The global metabolic testing market is expected to grow at the highest CAGR during the forecast period.
Metabolic testing helps to determine an individual’s health and wellness. It is used to screen organ functions, such as liver conditions & kidney diseases as well as it helps to identify the risks of lifestyle disorders at an early stage. Metabolic testing is also used to conduct commercial weight management programs and performance testing for athletes. In addition, the growing cases of obesity across the globe are expected to fuel the demand for metabolic testing for weight loss.
Some of the companies operating in the global metabolic testing market are OSI Systems Inc., Carefusion Corporation, General Electric Company, AEI Technologies Inc., MGC Diagnostics Corporation, Geratherm Medical AG, Parvo Medics, Microlife Medical Home Solutions Inc., Cosmed, Korr Medical Technologies Inc., and Cortex Biophysik Gmbh.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the global metabolic testing market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making the informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global metabolic testing market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global metabolic testing market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Metabolic Testing Market”
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omar Heights,
Manik Baug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 9607065656