As the incidence rate of neonatal and pediatric illnesses rises, the global “Indirect Calorimeter Market” is set to gain momentum in the forecast period. Fortune Business Insights shares valuable market analysis in its report, titled “Indirect Calorimeter Market Size, Share and Global Trend By Type (Stand-Alone Indirect Calorimeter, Portable Indirect Calorimeter), By End User (Hospitals, Academic Research Centers, Diagnostic Centers, Others), and Geography Forecast Till 2026”.The report also highlights and evaluates the pivotal factors that will influence market growth during the forecast period.
Indirect calorimeters are devices that continuously measure a person’s energy expenditure by measuring carbon dioxide expiration, oxygen consumption and urinary nitrogen removal. Additionally, these devices provide information on the body’s total protein, fat, and carbohydrate oxidation during a defined time period. The method used is non-invasive and provides highly accurate data on resting energy expenditure, which helps determine a person’s metabolic health.
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The report covers:
- Global Indirect Calorimeter Market trends, with detailed analysis on consumer trends & manufacturer trends.
- Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
- Key areas of investments identifying market opportunities and challenges in forecast timeframe.
- Competitive analysis of the industry players along with the overview on strategic management.
- Comprehensive company profiles of the major industry players.
Leading Players operating in the Indirect Calorimeter Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- MGC Diagnostics Corporation
- COSMED Srl
- Maastricht Instruments
- General Electric Company
- acific Medico Co. Ltd.
Heightened Focus on Preventive Patient Care to Put North America in a Leading Market Position
North America, along with Europe, is anticipated to occupy a prominent position and register considerably high CAGR in the global indirect calorimeter market. The main reason cited for this is the increasing attention to preventive patient care in the region, coupled with rapid adoption of modern health monitoring tools. Asia-Pacific is expected to emerge as the most promising region owing to increasing presence of major players that will make prices of these devices more competitive. The global indirect calorimeter market stands to gain in the process.
Rising Prevalence of Chronic Illnesses Among Children to Expand Market Size
According to a study conducted in Ireland on 9-year old children, 32.9% of the children were likely to develop obesity and about 46% were already suffering from chronic respiratory disorders. Similarly, a survey conducted by the Dutch Health Interview revealed that 32.2% of the 5301 children surveyed complained of some form of acute health problems. This augurs well for the global indirect calorimeter market as chronic disorders developed in the neonatal or pediatric stage require concerted monitoring of bodily functions in the later years of life.
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Novel Products and Increased Research to Drive Market Competition
Dominant players are looking to get an edge in the global indirect calorimeter market through increased investment in research and diversification of their product portfolios through new product launches. For example, Maastricht Instruments is developing Omnical, an indirect calorimeter to measure VO2 max. VO2 max is the highest capacity of the cardiovascular system to supply oxygen to active muscles and the body’s capacity to use oxygen during exercise. The device is aimed at detecting development of cardiovascular and pulmonary diseases. Intense research is, therefore, expected to characterize competition in the global indirect calorimeter market till 2026.
Some of the important market players identified by Fortune Business Insights include MGC Diagnostics Corporation, COSMED Srl, Maastricht Instruments, General Electric Company, Pacific Medico Co. Ltd., and others.
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