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04-Feb-2021

Metabolic Testing Market Expect Growth at 7.6% CAGR by 2026 | Coherent Market Insights

Metabolic Testing Market- Insights

Assessing the health and wellbeing of an individual is a major part of metabolic testing that uses equipment to screen organ functions and disease conditions such as liver diseases, diabetes, kidney diseases, and cardiovascular diseases. Metabolism is a chemical reaction that occurs in the body in order to maintain the standard state of the organism or body. Malfunction of the metabolic system can lead to disorders such as high blood pressure with high fasting glucose levels and abnormal obesity. Metabolic testing is used to determine the pattern of metabolism and metabolic capacity for the management of such disorders. In professional sports, metabolic testing plays major role in determining body’s ability to consume oxygen.

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Metabolic Testing Market Drivers

Key players in the market are focused on approval and launch of advanced devices such as body composition analyzers, metabolic carts, and electrocardiogram (ECGs/EKGs) in order to expand their product portfolio. For instance, players such as InBody Co. Ltd., Korr Medical Technologies, Cosmed srl, Vyaire Medical, and OSI Systems, Inc. offer products in the market in different segments. In 2017, Cosmed received innovative technology designation from Vizient, Inc. for its K5 Wearable Metabolic System. The system comes with micro-dynamic mixing chamber or breath-by-breath gas exchange techniques, wireless connectivity, a standard USB port, and medical grade AC/DC power plug.

Moreover, key players in the market are also focused in launching portable VO2 max analysis devices such as VO2 Master. VO2 Master product, VO2 Master Pro is a wearable VO2 analyzer with Bluetooth connectivity. AEI Technologies offers PC-based stress ECG system, which can turn any PC into an all-in-one cardiology system. Launch of advanced metabolic testing devices is expected to significantly boost the metabolic testing market growth over the forecast period. For instance, in October 2017, InBody Co., Ltd. launched InBody BAND 2 — a fusion of body composition analyzers and fitness trackers. InBody BAND 2 is capable of measuring percent body fat, fat mass, muscle mass, sleep monitoring, heart rate monitoring, and fitness tracking.

The global metabolic testing market size was valued at US$ 451.5 Mn in 2018, and is expected to witness a CAGR of 7.6% during the forecast period (2018 – 2026).

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Figure 1. Global Metabolic Testing Market Share (%), By Product Type, 2018-2026

Source: Coherent Market Insights Analysis (2018)

The market is primarily driven by increasing prevalence of lifestyle diseases

Increasing prevalence of lifestyle diseases such as cardiovascular diseases, obesity, and type 2 diabetes is expected to boost growth of the metabolic testing market over the forecast period. For instance, according to the World Health Organization (WHO), 2017, around 17 million deaths are registered worldwide, annually due to cardiovascular diseases, of which over three quarters are registered in low- and middle-income countries. Increasing prevalence of lifestyle diseases leads to high demand for metabolic testing, which in turn expected to propel the global metabolic testing market growth. For instance, according to American Diabetes Association (ADA), in 2015, around 30.3 million people in the U.S. were suffering from diabetes.

Figure 2. Global Metabolic Testing Market Share (%) Analysis, By Region, 2026

Source: Coherent Market Insights Analysis (2018)

Regulatory Scenario

On the basis of risk involved, medical devices are classified into three categories: Class 1, Class 2, and Class 3. The risk posed by the device to the patient represents category of the medical device. For instance, class 1 includes devices with lowest risk, class 2 includes medium risks, whereas class 3 includes devices with the highest risk. Metabolic testing devices are classified in the class II of medical device classification system, according to the U.S. Food and Drug Administration (FDA). The U.S. FDA also states that if a device is classified into either class II (Special Controls) or class III, it may be subject to additional controls. The U.S. FDA classifies a device into class II (special controls) in order to provide a reasonable assurance of safety and effectiveness of the device.

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Market Opportunity

Increasing technological advancements in metabolic testing devices is expected to boost the market growth. Key players in the market are focused on introducing portable/wearable devices with advanced features such as Bluetooth connectivity, inbuilt ECG monitors, fitness trackers, and other such multiple features.

However, the adoption of metabolic testing is limited and situational. Therefore, connected and portable metabolic testing devices may play a major role in increasing the adoption of metabolic testing. Examples of such devices include, K5 Wearable Metabolic System (manufactured by Cosmed srl), InBody BAND 2 (manufactured by InBody Co.,Ltd.), and VO2 Master Pro (manufactured by VO2 Master).

Key players operating in the metabolic testing market include Cosmed srl, Vyaire Medical, Inc., Geratherm Medical AG, MGC Diagnostics Corporation, Cortex Biophysik GmbH, General Electric Company, Microlife Medical Home Solutions, Inc., OSI Systems, Inc., AEI Technologies, Inc., and Korr Medical Technologies, Inc.

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Detailed Segmentation:

  • Global Metabolic Testing Market, By Product Type :
    • Metabolic Carts
      • Portable
      • Bench-top
    • Body Composition Analyzers
      • Portable
      • Bench-top
    • ECGs/EKGs
      • Portable
      • Bench-top
  • Global Metabolic Testing Market, By Test Type:
    • VO2 Max Analysis
    • RMR Analysis
    • Body Composition Analysis
  • Global Metabolic Testing Market, By End User:
    • Hospitals & Clinics
    • Sports Performance Lab
    • Home Care Settings
  • Global Metabolic Testing Market, By Geography:
    • North America
      • By Product Type :
        • Metabolic Carts
          • Portable
          • Bench-top
        • Body Composition Analyzers
          • Portable
          • Bench-top
        • ECGs/EKGs
          • Portable
          • Bench-top
      • By Test Type:
        • VO2 Max Analysis
        • RMR Analysis
        • Body Composition Analysis
      • By End User:
        • Hospitals & Clinics
        • Sports Performance Lab
        • Home Care Settings
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Product Type :
      • By Test Type:
      • By End User:
      • By Country:
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product Type :
      • By Test Type:
      • By End User:
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • By Product Type :
      • By Test Type:
      • By End User:
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • By Product Type :
      • By Test Type:
      • By End User:
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Product Type :
      • By Test Type:
      • By End User:
      • By Country:
        • Central Africa
        • South Africa
        • North Africa
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Last Updated: 04-Feb-2021