The growth in the market is majorly driven by the increasing prevalence of osteoporosis and the rising geriatric population. However, factors such as the high cost of bone densitometers and low awareness are expected to hinder the growth of this market.
According to market research industry, "Bone Densitometer Market by Type (DEXA, Peripheral [Radiography, Quantitative Absorptiometer]), Application (Osteopenia & Osteoporosis, Cystic Fibrosis, CKD, Rheumatoid Arthritis), End User (Hospital, Diagnostic Centres) - Global Forecast to 2024" The bone densitometers market is projected to reach USD 311 million by 2024 from USD 247 million in 2019, growing at a CAGR of 4.7%.
On the basis of type, the market is segmented into dual-energy X-ray bone absorptiometry (DXA) scanners and peripheral bone densitometers. The DXA scanners segment accounted for the largest share of the market in 2018.
This is attributed to the advantages of DXA scanners over peripheral bone densitometers. Moreover, results obtained from DXA scanners can be interpreted using WHO scores for greater accuracy, which accounts for their high use.
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The osteoporosis & osteopenia diagnosis segment is projected to grow at the highest CAGR during the forecast period. This can be attributed to the growing geriatric population and the subsequent increase in the prevalence of osteoporosis, the increasing risk of osteoporosis in menopausal women, and the growing global incidence of fragility fractures.
Based on end user, the market is segmented into hospitals & specialty clinics, diagnostic & imaging centers, and other end users. In 2018, hospitals & specialty clinics accounted for the largest share of the market, and this trend is expected to continue during the forecast period.
The majority of bone density scans are performed in hospitals owing to the higher preference of patients for hospital-based treatment monitoring for diseases such as cystic fibrosis, chronic kidney diseases, and osteoporosis.
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The market in the Asia Pacific is estimated to grow at the highest CAGR during the forecast period. Asian countries (particularly China and India) are expected to offer significant growth opportunities for market players in the forecast period, primarily due to the rising geriatric population, increasing incidence of osteoporosis, increasing healthcare expenditure, and the growing number of hospitals and clinics.
The Global Bone Densitometer Market report presents a comprehensive analysis of the Bone Densitometer market by offering valuable insights to assist the businesses and key players in formulating fruitful strategies during the forecast timeline of 2020-2027.
The report studies the historical data to provide an assessment of key segments and sub-segments, revenue, industrial chain analysis, and demand and supply data.
The report also sheds light on the technological breakthroughs and product advancements happening in the Bone Densitometer market.
According to the report, the Bone Densitometer industry is likely to witness significant growth over the projected timeline.The report also covers the impact of the COVID-19 pandemic on the Bone Densitometer market and major segments.
The pandemic has affected every industry vertical either positively or negatively.
The report also offers a thorough current and future analysis of the impact of the COVID-19 pandemic on the overall growth of the market.To get a sample PDF copy of the report, visit @ https://www.reportsanddata.com/sample-enquiry-form/2776The report presents a panoramic view of the competitive landscape of the Bone Densitometer market, covering details about the key manufacturers and companies, price analysis, revenue estimation, gross profit margins, business expansion plans, and other vital details that offers the readers deep insights into each company operating in the industry.
The growth in the market is majorly driven by the increasing prevalence of osteoporosis and the rising geriatric population.
However, factors such as the high cost of bone densitometers and low awareness are expected to hinder the growth of this market.
The DXA scanners segment accounted for the largest share of the market in 2018.
This segment is also projected to register a higher CAGR during the forecast period.
This is attributed to the advantages of DXA scanners over peripheral bone densitometers.
The osteoporosis & osteopenia diagnosis segment is projected to grow at the highest CAGR during the forecast period.
Bone Densitometer Devices is a medicalĀ device that utilizes x-ray pieces to measure the calcium concentration of the bone to reverse the bone density and thus the risk of bone fracture.
It is also used to discover a disease calledĀ osteoporosis where the bone density is small and the hazard or threat of bone invoice or breaking is high.
The primary aim of bone densitometer systems is to use treatment techniques to identify those at danger of growing osteoporosis and audit alterations in bone density.Global bone densitometer devices market is registering a steady CAGR of 4.20% in the forecast period of 2019-2026.
This rise in the market can be attributed to the rising incidents of osteoporosis, technological advancement and surging preferences.Get Download Exclusive Sample Report (350 Pages PDF+ All Related Graphs & Charts) of Corporate wellness Market Report Athttps://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-bone-densitometer-devices-marketMarket Drivers and Restraints:Rising incidents of osteoporosis is driving the growth of the marketregular technological advancement is helping in the market growthSurging preferences for bone densitometer devices drives the growth of the marketHigh cost of these devices restricts the market growthLack of skilled professional hinders the market growthThe major players covered in the Bone Densitometer Devices MarketFew of the major market competitors currently working in the global bone densitometer devices market are BeamMed Ltd., CompuMed, Inc., Hologic, Inc., General Electric Company, DMS Group, Osteometer Meditech Inc., OSTEOSYS Corp., Trivitron Healthcare, Swissray, Medonica Co. LTD, CooperSurgical, Inc., Scanflex Healthcare AB, FURUNO ELECTRIC CO.,LTD, Medilink UK, Demetech AB., KITA, MedWrench, LLC., Dentsply Sirona, Echolight S.p.a., Asclepius Wellness and Tecnicare Healthcare Company among others.Major TOC Of The ReportChapter One:Ā Bone Densitometer Devices Market OverviewChapter Two: Manufacturers ProfilesChapter Three:Ā Global Bone Densitometer Devices Market Competition, by PlayersChapter Four: Global Bone Densitometer Devices Market Size by RegionsChapter Five: North America Bone Densitometer Devices Market Revenue by CountriesChapter Six: Europe Bone Densitometer Devices Market Revenue by CountriesChapter Seven: Asia-Pacific Bone Densitometer Devices Market Revenue by CountriesChapter Eight: South America Bone Densitometer Devices Market Revenue by CountriesGet Full Table of Contents Instantly for free Athttps://www.databridgemarketresearch.com/toc/?dbmr=global-bone-densitometer-devices-marketKey Report HighlightsComprehensive pricing analysis based on different product types and regional segmentsMarket size data in terms of revenue and sales volumeDeep insights about regulatory and investment scenarios of the global Bone Densitometer Devices MarketAnalysis of market effect factors and their impact on the forecast and outlook of the globalĀ Ā Bone Densitometer Devices MarketThe detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Bone Densitometer Devices MarketA roadmap of growth opportunities available in the global Bone Densitometer Devices Market with the identification of key factorsThe exhaustive analysis of various trends of the global Bone Densitometer Devices Market to help identify market developmentsKey Questions Answered in Report:What is the key to the Bone Densitometer Devices Market?What will the Bone Densitometer Devices Market Demand and what will be Growth?What are the latest opportunities for Bone Densitometer Devices Market in the future?What are the strengths of the key players?Get Full Report Instantly For Free AtĀ https://www.databridgemarketresearch.com/reports/global-bone-densitometer-devices-marketAbout Us:Data Bridge Market ResearchĀ set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the marketContact:Data Bridge Market ResearchTel: +1-888-387-2818Email:Ā [email protected] Related Reports@Biopharmaceuticals manufacturing consumables testing MarketBody Worn Sensors Market3D CBCT/Cone Beam CT Systems Market
The Global Bone Densitometer Market research report offers accurate insights for the growth prospects of the Bone Densitometer market in the forecast years 2020-2027.
The report is an all-inclusive study of the Bone Densitometer market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic.
The global public health emergency has disrupted the lives of everyone across the globe.
It has also had a substantial impact on the immuno-oncology industry as global supply chains have been disrupted, and the financial scenario is tight.
The report is formulated by extensive primary and secondary research and backed by the verified data from industry experts and professionals.
It also sheds light on the market size and analyzes the market position.
