Bone Densitometers Market overview,Upcoming Opportunities, Trends and Industry Outlook 2028
Bone Densitometers Market
Bone Densitometers Market Overview, Information, by type, Technology, radiographic
and End user
Bone densitometry is a non-invasive technology that
can measure bone mass. Devices useful for this are known as bone densitometers.
Market Research Future (MRFR) has published and released a research report
about the global Bone Densitometers Market that
anticipates aggrandizement for this market with 4% CAGR (Compound Annual Growth
Rate) during the forecast period between 2021 and 2028. In terms of cash, the
market is expected to rise to US $ 1.2 bn.
Analyzing the market structure,
this report evaluates the future growth potential of the market. It observes
the strategies of the key players in the market and follows the competitive developments
like joint ventures, new product developments, mergers and acquisitions,
research and developments (R & D) in the market.
Bone densitometers are used to measure the level of calcium
and other minerals present in a particular bone section. According to a report
published by Market Research Future (MRFR), The Bone
Densitometers Market size is estimated to grow at a robust CAGR of 4%.
Furthermore, the Market Value will reach up to USD 2 Billion in the studied
forecast period 2021-2028.The rise in geriatric population with a higher
susceptibility for bone-related ailments, technological advancements that are
improving the healthcare services offered, are the primary driving factors of
the market and are expected to drive the global bone densitometers market
Insights over the forecast period.
Market Segmentation
The global market for Bone
Densitometers Market Research report has
been segmented based on type, technology, end-user, and region.
Based on the type, the market has been segmented into central
scanners, peripheral scanners, and others.
Based on technology, the market segmented into quantitative computed tomography
(QCT), radiographic absorptiometry (RA), single x-ray absorptiometry (SXA),
dual-energy x-ray absorptiometry (DXA) and others. The QCT and the DXA segment
have been assessed to grow at a comparatively higher CAGR through the forecast
period, owing to their sharp accuracy and precision levels in comparison with
other bone densitometry technologies.
Based on the end-user, the market is segmented into hospitals,
orthopedic clinics, academic & research institutes, and others. Among
these, the hospital end-user is estimated to account for the largest market
share over the forecast period, owing to the growing proclivity of government
organization towards the advancement of the healthcare sector and towards the
adoption of advanced diagnostic devices, and the increasing use of automated
diagnosis systems which has enabled diagnosis of chronic, life-threatening
diseases at an early stage.
Based on the region, the global bone densitometers market
Report is segmented into North America
and South America, Europe, Asia Pacific, and the Middle East and Africa.
Regional Analysis
The North and South American region holds the largest market
share in the global bone densitometers market Trends and is estimated to
sustain its market standing over the forecast period, owing to the
technological advancements in North America. The U.S. is a massive contributor,
due to the availability of bone densitometers, the increasing prevalence of osteoporosis,
high expenditure on the healthcare sector, and the presence of favorable reimbursement
policies for the diagnosis of osteoporosis.
Europe is the second largest regional market bone
densitometers, owing to the technological advancements, in the region, the
presence of major market players in established economies such as France,
Germany, Italy, Spain, and the United Kingdom (UK).
Asia Pacific region has been assessed to rise as the fastest
growing region in the market during the forecast period. China, India, Japan,
and South Korea, are the major developing countries that contribute to the
market, followed by the rest of the Asia Pacific region. In recent years,
technological advancements have helped the Aisa Pacific region to develop at a
steady rate and improved the healthcare sector, which are favorable factors for
the market in the region.
The Middle East and Africa region are estimated to witness limited
the market growth due to the lack of awareness about proper healthcare
facilities, lack of education for skilled experts, lack of technological
development, political instability, and the healthcare sector are
underdeveloped.
Key Players
bone densitometers market players are Tecnicare Healthcare
Company (USA), General Electric Company (USA), MedWrench LLC (USA), Hologic,
Inc. (the USA), Schick Sirona (USA), Swissray (USA), DMS Imaging (France),
Echolight SPA (Italy), Osteosy s Co. Ltd (South Korea), and Aarna Systems And
Wellness Pvt. Ltd. (India).
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