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09-Oct-2023

Bioimpedance Devices Market to grow at a 6.4% CAGR by 2028: Rising Demand for Health and Fitness Monitoring Devices, FMI Says

The measurement and study of the body’s electrical impedance for various healthcare purposes is the focus of the Bioimpedance Devices Market, a quickly expanding industry within the medical technology sector. Due to its non-invasiveness and potential to reveal important details about a person’s physiological makeup, bioimpedance—the resistance that electrical currents face as they flow through biological tissues—has attracted a lot of attention. These gadgets are used in a variety of medical specialties, including as hydration management, body composition measurement, fitness monitoring, and cardiology.

Due to the rising incidence of chronic diseases, the focus on preventative healthcare, and the demand for individualised treatment plans, the market for bioimpedance devices has experienced significant expansion. These tools give doctors, scientists, and other healthcare professionals a novel way to evaluate things like body fat percentage, hydration levels, cell integrity, and tissue health. Bioimpedance instruments are used in cardiology to monitor hemodynamic variables like cardiac output and stroke volume, which helps with the diagnosis and treatment of cardiovascular disorders.

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In 2022, sales of bioimpedance devices are expected to reach US$ 492.1 million. The market is anticipated to grow at a robust 6.4% CAGR and reach US$ 715.1 Million by 2028.

Technological advancements have driven the miniaturization and portability of bioimpedance devices, making them more accessible for both healthcare professionals and individual users. Moreover, the integration of wireless connectivity and data analytics capabilities has allowed for real-time monitoring and comprehensive data interpretation. This not only enhances patient care but also contributes to the growth of telemedicine and remote health monitoring.

Key Takeaways Bioimpedance Devices Market:

  • Definition of Bioimpedance Devices: Bioimpedance devices are medical instruments that measure the impedance (resistance and reactance) of biological tissues to assess various physiological parameters. These devices use electrical currents at different frequencies to gather information about body composition, fluid levels, and other health-related metrics.
  • Applications:
    • Body Composition Analysis: Bioimpedance devices can estimate body fat percentage, lean body mass, and hydration levels, which are crucial for assessing overall health and fitness.
    • Edema Monitoring: These devices are used to monitor changes in extracellular fluid levels, aiding in the management of conditions like congestive heart failure and kidney diseases.
    • Nutritional Assessment: Bioimpedance measurements can provide insights into nutritional status, helping clinicians design appropriate dietary plans.
    • Athletic Performance: Athletes use bioimpedance devices to track changes in muscle mass and fluid balance, optimizing training and recovery strategies.
  • Types of Bioimpedance Devices:
    • Single-Frequency Devices: These devices operate at a fixed frequency and are simpler, often used for basic body composition measurements.
    • Multi-Frequency Devices: These devices use multiple frequencies to provide more accurate and detailed measurements of various body compartments.
    • Segmental Devices: Some bioimpedance devices can measure impedance in specific body segments, offering insights into regional variations in body composition.
  • Market Growth Drivers:
    • Rising Health Awareness: Growing awareness about the importance of maintaining a healthy lifestyle has driven the demand for tools that provide accurate health assessments.
    • Aging Population: The aging global population has increased the need for medical devices that can monitor conditions related to age, such as fluid retention and muscle loss.
    • Sports and Fitness Industry: The fitness and sports sectors use bioimpedance devices to track progress and tailor training regimens.

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Top Companies Profiled:

  • General Electric Company
  • Omron Corporation
  • Fresenius Medical Care
  • ImpediMed Limited
  • SELVAS AI Inc.
  • Tanita Corporation
  • RJL Systems, Inc.
  • Maltron International Ltd.
  • Bodystat Limited
  • SMT Medical GmbH

Bioimpedance Devices Market Segmentation:

Product Type:

  • Single-frequency Bioimpedance Devices
  • Multiple-frequency Bioimpedance Devices

Modality:

  • Wired Bioimpedance Devices
  • Wireless Bioimpedance Devices

End Users:

  • Hospitals
  • Specialty Clinics
  • Rehabilitation Centers
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Japan
  • Asia Pacific excluding Japan
  • Middle East & Africa (MEA)

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Last Updated: 09-Oct-2023