Global Metabolic Testing Market Size, Share, Trends, COVID-19 Impact & Growth Analysis Report - By Product, Application, Technology, End-User & Region - Industry Forecast (2024 to 2032)

Updated On: June, 2024
ID: 4220
Pages: 175

Global Metabolic Testing Market Size (2023 to 2032)

The global metabolic testing market was valued at USD 440.7 million in 2023. The global metabolic testing market is expected to have a 7.5 % CAGR from 2024 to 2032 and be worth USD 844.93 million by 2032 from USD 473.75 million in 2024.   

Metabolism is a chemical reaction and physical process that involves maintaining 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. It is a pathway that begins with a sequence of chemical reactions with a specific molecule and ends with a product with the help of a specific enzyme. Enzymes are vital to metabolism as they allow the organism to drive reactions for the required energy. It is divided into two categories, i.e., catabolism and anabolism. A comprehensive metabolic panel is a blood test that measures your sugar (glucose) level, electrolyte and fluid balance, kidney function, and liver function.

MARKET DRIVERS

Growing healthcare spending, the prevalence of lifestyle diseases such as diabetes and obesity, increased healthcare literacy, and technical advances are expected to promote the global metabolic testing market growth.

If the prevalence of lifestyle diseases rises, so does the need for metabolic testing, which is supposed to propel the global metabolic testing industry forward. Technological advances in the healthcare IT industry have effectively integrated diverse healthcare and IT programs. Cloud computing, data mining, big data, and patient monitoring are common in the healthcare industry. Beyond situational requirements, metabolic testing is still not a prerequisite, and metabolic testing is yet to achieve its full potential. In such a situation, linked and portable metabolic testing devices can significantly improve metabolic testing accessibility.

In the global metabolic testing market, increasing market consolidation and new product releases are among the major opportunities for the market. Introducing digital rate testing equipment, more care for individual health, and rapidly increasing healthcare expenditure levels are also expected to increase market growth during the forecast period. 

MARKET RESTRAINTS

The high cost of equipment and software and reimbursement issues are some of the major restraints to the global metabolic testing market.

 

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2032

Base Year

2023

Forecast Period

2023 to 2032

Segments Analysed

By Product, Technology, Application, End-User, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Analysed

North America, Europe, Asia Pacific, Latin America, Middle East, and Africa

Market Leader Profiled

Geratherm Medical AG (Germany), General Electric Company (U.S.), OSI Systems, Inc. (U.S.), CareFusion Corporation (U.S.), MGC Diagnostics Corporation (U.S.), COSMED (Italy), CORTEX Biophysik GmbH (Germany), KORR Medical Technologies, Inc. (U.S.), AEI Technologies, Inc. (U.S.), Parvo Medics (U.S.), and Microlife Medical Home Solutions, Inc. (U.S.).

 

 

SEGMENTAL ANALYSIS

Global  Metabolic Testing Market Analysis By Product

Based on products, the ECG and EKG systems segment is expected to hold a leading share in the global metabolic testing market during the forecast period due to the increasing commonness of chronic illness. Rising healthcare expenditure associated with the increasing disposable income is elevating the growth of this segment.

Global  Metabolic Testing Market Analysis By Technology                    

Based on technology, the VO2 max analysis segment attributes the largest share of the market as it is the most often prescribed metabolic procedure for athletes, caregivers, and healthier people. It directly measures the body oxygen consumption, which other tests try to estimate.

Global  Metabolic Testing Market Analysis  By Application                  

Based on the application, due to the rising prevalence of lifestyle-related diseases such as obesity, diabetes, and cardiovascular disease, the lifestyle disease segment dominates the market in terms of market share.

Global  Metabolic Testing Market Analysis By End User    

The resting metabolic rate determines the number of calories burned by the body at rest. Body composition analysis is a physical examination that determines the proportions of different components in the body that are primarily used to test/examine metabolic conditions, lifestyle ailments, and dysmetabolic disorders in hospitals, clinics, sports fitness centers, and gyms.

REGIONAL ANALYSIS

Geographically, the North American region is estimated to constitute the largest share in the global metabolic testing market. The growth of the North American market is primarily driven by the rise in the prevalence of lifestyle diseases such as cardiovascular diseases, obesity, and type 2 diabetes in this region.

In contrast, the Asia Pacific region is expected to witness the fastest growth and beat North America. Asia's growth is because of increasing healthcare spending, growing demand for quality medical care, the rising standard of living, favorable government initiatives, and growing patient awareness levels. Asia's growth is because of a rising standard of living, growing demand for quality medical care, increasing healthcare spending, government initiatives, growing demand for medical care, etc. The rise in the adoption of advanced technologies in the metabolic testing market and well-established healthcare facilities is the regional market's growth to some extent.

KEY PLAYERS IN THE GLOBAL METABOLIC TESTING MARKET

Some of the notable companies operating in the global metabolic testing market profiled in the report are Geratherm Medical AG (Germany), General Electric Company (U.S.), OSI Systems, Inc. (U.S.), CareFusion Corporation (U.S.), MGC Diagnostics Corporation (U.S.), COSMED (Italy), CORTEX Biophysik GmbH (Germany), KORR Medical Technologies, Inc. (U.S.), AEI Technologies, Inc. (U.S.), Parvo Medics (U.S.) and Microlife Medical Home Solutions, Inc. (U.S.).

DETAILED SEGMENTATION OF THE GLOBAL METABOLIC TESTING MARKET INCLUDED IN THIS REPORT

This research report on the global metabolic testing market has been segmented and sub-segmented into the following categories and calculated market size and forecast for each segment until 2032.

By Product

  • CPET Systems        
  • Metabolic Carts     
  • ECG and EKG Systems        
  • Body Composition Analyzers           
  • Software  

By Technology       

  • VO2 Max Analysis                
  • RMR Analysis         
  • Body Composition Analysis              

By Application                

  • Lifestyle Diseases 
  • Critical Care             
  • Human Performance Testing          
  • Dysmetabolic Syndrome X               
  • Metabolic Disorders            

By End User

  • Hospitals  
  • Laboratories           
  • Sports Training Centers     
  • Gyms        

By Region

  • North America
  • Europe
  • Asia-pacific
  • Latin America
  • The Middle East and Africa

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Anil Kumar P is research manager at Market Data Forecast and responsible for Healthcare Domain.

Author

Anil Kumar P (Research Manager - Healthcare)

Anil Kumar P is the lead author of this report and the manager of the team responsible for authoring healthcare reports at Market Data Forecast. He holds a Bachelor’s degree in Pharmacy (Hons.) from BITS Pilani, one of India’s premier institutions. Over the past seven years, Anil has gained extensive experience working with multiple market research companies, where he has collaborated with a diverse range of clients—from innovative startups to Fortune 500 companies—delivering data-driven insights and strategic advice that drive business growth.

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