Bone densitometer is medical equipment which aids measurement of bone mass density to provide valuable information for assessing, monitoring and treating a range of metabolic bone disorders including osteoporosis. Bone densitometry through double vitality X-beam absorptiometry (DEXA) scan has become vital method for for diagnosing osteoporosis and evaluation of individuals' danger of creating osteoporotic fractures. Fast growth in prevalence of osteoporosis and increment in volume of hip surgeries will prompt expanded interest for bone densitometers in the future.
Bone Densitometer Market Driving Factors
- The bone densitometer is largely driven by a significant rise in the prevalence of bone disorder such as osteoporosis globally. This unprecedented rise in the prevalence resulted in the high demand for diagnosis and treatment of osteoporosis thus widening the growth of bone densitometer market potential over the coming years
- According to the estimates given by the International Osteoporosis Foundation, over 320,000 hip fractures occur annually in North America and are associated with an average mortality rate of 21% within just one year. The increasing geriatric population which faces issues of low bone density due to aging could be a major market driver.
- Increasing ageing population possessing high susceptibility for osteoporosis is further presumed to propel the high demand for bone densitometers
- The numerous beneficial factors supported by bone densitometer such as simplicity in usage, relatively short duration, non-invasive nature, and no need for anaesthesia that make them a reliable procedure for measuring bone loss will boost the demand of bone densitometer
Bone Densitometer Market Segmental Overview
- Axial bone densitometry and peripheral bone densitometry are the major technologies incorporated in bone denistometer. Axial bone densitometry includes dual energy x-ray absorptiometry (DEXA), quantitative computed tomography (QCT). Peripheral bone densitometry consists of single energy x-ray absorptiometry (SEXA), dual energy x-ray absorptiometry (pDEXA), radiographic absorptiometry (RA), quantitative ultrasound scanners (QUS), and peripheral quantitative computed tomography (PQCT)
- Bone densitometer finds application in osteoporosis & osteopenia diagnosis, body composition measurement, rheumatoid arthritis diagnosis. Osteoporosis is being considered a serious public health concern. It is estimated that over 200 million people globally suffer from this disease and almost 30% of all postmenopausal women have osteoporosis in the United States and in Europe
- The major end users of the bone densitometer market include hospitals & specialty clinics, diagnostic & imaging centers etc. The Hospitals & specialty clinics emerged as a dominant segment attributed to frequent readmissions and high patient volume
- The bone densitometer market is studied for the key regions including North America, Europe, Asia Pacific and Rest of the World. North America region held highest share of bone densitometers market attributed to the availability of bone densitometers, growing prevalence of osteoporosis, growing healthcare expenditure and presence of favourable reimbursement policies for the diagnosis of osteoporosis
Bone Densitometer Market Key Players
Key competitors of this market include Hologic, Inc., GE Healthcare, OSI Systems, Inc., Diagnostic Medical Systems Group, Swissray Global Healthcare Holding, Ltd., Beammed, Ltd., Echolight S.P.A, Scanflex Healthcare AB, Medonica Co., Ltd., Eurotec Medical Systems S.R.L., Ampall Co., Ltd., Yozma Bmtech Co., Ltd., Nanoomtech Co., Ltd., Osteosys Corporation, Furuno Electric Co., Ltd. And Anjue Medical Equipment Co., Ltd. Players are engaging in different marketing strategies such as R&D activities, increasing number of collaborations, awareness programs, technological advancements, geographic expansion, and launching of new products to increase their market share.
The report analyses the global Bone Densitometer market based on technology, application, end user and geography.
Based on the technology, the global bone densitometers market is fragmented into axial bone densitometry and peripheral bone densitometry. Axial bone densitometry includes dual energy x-ray absorptiometry (DEXA), quantitative computed tomography (QCT). Peripheral bone densitometry consists of single energy x-ray absorptiometry (SEXA), dual energy x-ray absorptiometry (pDEXA), radiographic absorptiometry (RA), quantitative ultrasound scanners (QUS), and peripheral quantitative computed tomography (PQCT). The bone densitometer market finds major application in osteoporosis & osteopenia diagnosis, body composition measurement, rheumatoid arthritis diagnosis. The major end users of the bone densitometer market include hospitals & specialty clinics, diagnostic & imaging centers etc. HospitalsThe bone densitometer market is studied for the key regions including North America, Europe, Asia Pacific and Rest of the World.
The Key players in the global bone densitometer market include Hologic, Inc., GE Healthcare, OSI Systems, Inc., Diagnostic Medical Systems Group, Swissray Global Healthcare Holding, Ltd., Beammed, Ltd., Echolight S.P.A, Scanflex Healthcare AB, Medonica Co., Ltd., Eurotec Medical Systems S.R.L., Ampall Co., Ltd., Yozma Bmtech Co., Ltd., Nanoomtech Co., Ltd., Osteosys Corporation, Furuno Electric Co., Ltd. And Anjue Medical Equipment Co., Ltd.
Why to buy this report:
- The report offers changing market dynamics in the Bone Densitometer market, presenting historical, current and projected market size in terms of value (USD Million)
- The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of Bone Densitometer market
- It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the Bone Densitometer market performance
- The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of Bone Densitometer market
