Global Metabolic Testing Market 2018-2022
About Metabolic Testing
Metabolic testing is a screening tool to measure the oxygen that the body consumes and then uses that measurement to determine the number of calories burnt at rest in a day. It is useful to test organ functions for conditions like liver disease, diabetes, and kidney disorders.
Technavio’s analysts forecast the Global Metabolic Testing Market to grow at a CAGR of 7.67% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the metabolic testing market. To calculate the market size, the report considers the revenue generated from the application of metabolic testing across the globe.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report - Global Metabolic Testing Market 2018-2022
Technavio recognizes the following companies as the key players in the global metabolic testing market: BD, General Electric, KORR Medical Technologies, MGC Diagnostics, and Omron.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the increase in geriatric population. Worldwide, there has been an increase in the geriatric population, and this population is vulnerable to conditions such as metabolic syndrome and non-alcoholic steatohepatitis.”
According to the report, one driver influencing this market is the rising incidences of lifestyle diseases. In the recent past, there has been a surge in the cases of diseases owing to a sedentary lifestyle that include obesity, diabetes, and cardiac problems. In addition, the growing cases of obesity across the globe is expected to fuel the demand for metabolic testing for weight loss.
Further, the report states that one challenge affecting this market is the low penetration in African countries. The high prevalence of metabolic disorders and low market penetration of metabolic testing products in African countries is a major challenge for the growth of the global metabolic testing market.
KORR Medical Technologies
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook