Global Bone Densitometer
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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"Global Bone Densitometer market size 2030 will $55123.2 Million. Bone Densitometer market will be growing at a CAGR of 4.25% during 2024 to 2030."
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Bone Densitometer Market Sales Revenue 2020 | $ 37889.2 Million |
Global Bone Densitometer Market Sales Revenue 2030 | $ 55123.2 Million |
Global Bone Densitometer Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.25% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Bone Densitometer industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Bone Densitometer Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Bone densitometer is a device which uses ionizing radiation such as X-rays to check bone mineral content and density. Bone densitometers are also referred to as DXA machines. This device is used for diagnosis of osteoporosis, osteopenia and for risk assessment of fractures. Rising prevalence of osteoporosis, bone related disorders and growing geriatric population has fueled the market demand for bone densitometer devices. After the outbreak of COVID-19 the bone densitometer market is growing significantly.
Market Dynamics of the bone densitometer market:
Increasing geriatric population which is more vulnerable to bone related problems like osteoporosis and arthritis is one of the main factors driving the market. The International Osteoporosis Foundation (IOF) stated that osteoporosis causes more than 8.92 Million fractures per year globally. Osteoporosis affects over 200 Million women postmenopause worldwide.
As per WHO's definitions of osteoporosis, it is a condition which affects 6.3% of men and 21.2% of women over 50. This significantly augments the market and the rise in fragility fracture incidence. Bone densitometers are also used for bone mass testing in hospitals and medical facilities as densitometers are essential in diagnosing osteoporosis and osteopenia. Healthcare professionals may ask for more tests to confirm a diagnosis and this may include bone density blood test for calcium and vitamin D.
A densitometer machine’s price ranges from USD 9,000 - 199,000. Small hospitals with controlled budgets cannot afford these machines. Instead they prefer low budget and conventional equipment. This results in limited use of this equipment. The major challenge of the market is to convert conventional systems to digital systems. Increasing cost of equipment and regular cuts in reimbursement for diagnostics and testing imaging scans will result in preventing small and medium scale companies from investing in advanced technologies.
Recent developments on various products of densitometer such as portable bone densitometer, hologic discovery c bone densitometer etc and integrating digital detectors, ultrasonic and computer assisted densitometric, have proven the high comfort, reduced time for measurements and ease of operation. Dual Energy X-ray Absorptiometry (DEXA) segment is predicted to experience high growth rate in upcoming years. Dual-energy X-ray absorptiometry (DEXA) is a broadly used technique for evaluating bone density in the body. New market trends and rising awareness of people about osteoporosis are expected to enhance the demand for bone densitometers.
pandemic onImpact of the COVID-19 the bone densitometer market:
The outbreak COVID-19 impacted the bone densitometer market remarkably. The COVID-19 disease and its treatment adversely affected the bone health of patients, affecting growth of the market. According to the National Library of Medicine’s article published in April 2022, secondary osteoporosis can occur due to post-acute sequela of COVID-19. To assist with detection and treatment of osteoporosis bone health was extensively examined frequently. With the increase in early detection of bone density and other bone examination, demand for bone densitometry is growing.
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Competitive Analysis of the bone densitometer market:
Market for bone densitometers is highly competitive due to key players like Hologic Inc., GE Healthcare, Osteosys Co., Beammed Ltd., Swissray International, CooperSurgical, CompuMed, BeamMed Ltd, etc. These major players are focusing on R&D activities and product innovation to develop advanced technology to propel the market growth. The market is very competitive owing to the existence of international and topographical players. Nature of competition is consolidated due to the top three players occupying the major share of the market.
Recent Developments:
In April 2022,
Newman Regional Health broadened its health and wellness services for males and females by adding the Horizon DXA bone densitometry system from Hologic.
In March 2022:
Aurora Spine Corporation finalized one of the world's first DEXA-C implantations at Cypress Pointe Surgical Hospital in Louisiana, where the density of implant directly matched to the patient's bone quality.
Top Companies Market Share in Bone Densitometer Industry: (In no particular order of Rank)
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By region:
North America accounts for the maximum share of the bone densitometer market. Steps taken by prominent companies to improve their R&D activities and to maintain high medical standards in the region are expected to boost the demand across the region. Majority share acquired by this region as a consequence of high disease rate in this region.
The Asia Pacific segment is expected to grow exponentially in upcoming years. This growth can be the consequence of high demand for densitometer devices to cure the rising prevalence, rising disposable income and improved healthcare infrastructure.
The current report Scope analyzes Bone Densitometer Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Bone Densitometer Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Bone Densitometer Industry growth. Bone Densitometer market has been segmented with the help of its Type, Application , and others. Bone Densitometer market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In the technology segment, the largest share is held by the axial bone densitometer which is approximately 68% in 2022 owing to the increasing adoption of densitometers, high accuracy, cost effectiveness, sensitivity and precision. Axial bone densitometers fulfill different requirements of hospitals and clinics by attributes like optimum linearity, accuracy and sensitivity which ensures the high performance with minimum variation. The precedent benefits are forecasted to encourage high adoption by clinicians which results in growth of the segment.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Bone Densitometer Industry. Request a Free Sample PDF!
Hospitals are the leading segment of the end-user market segment. In addition, attributes like sophisticated healthcare infrastructure results in high efficiency in diagnosis using bone densitometers and therefore acquiring a high share of hospitals. Government healthcare organizations are promoting advanced diagnostic instruments which generate fast and accurate results is one of the factors which is responsible for a significant share of the segment.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Bone Densitometer market report 2024 Edition by contacting our team.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Bone Densitometer Market is witnessing significant growth in the near future.
In 2023, the Axial Bone Densitometry segment accounted for noticeable share of global Bone Densitometer Market and is projected to experience significant growth in the near future.
The Hospitals segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies GE Healthcare, Furuno and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Axial Bone Densitometry, pDXA, pQCT |
Application | Hospitals, Clinics, Others |
List of Competitors | GE Healthcare, Hologic, Furuno, OSTEOSYS, DMS, Swissray Medical, Scanflex Healthcare, Medilink, BeamMed, l'acn, CompuMed, Techshot, Osteometer, Lone Oak Medical, Horus, Kanrota Digital |
This chapter will help you gain GLOBAL Market Analysis of Bone Densitometer. Further deep in this chapter, you will be able to review Global Bone Densitometer Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Bone Densitometer Market Trends North America Bone Densitometer Technological Road Map North America Bone Densitometer Market Drivers North America Bone Densitometer Market Restraints North America Bone Densitometer Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Bone Densitometer market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Axial Bone Densitometry have a significant impact on Bone Densitometer market? |
What are the key factors affecting the Axial Bone Densitometry and pDXA of Bone Densitometer Market? |
What is the CAGR/Growth Rate of Hospitals during the forecast period? |
By type, which segment accounted for largest share of the global Bone Densitometer Market? |
Which region is expected to dominate the global Bone Densitometer Market within the forecast period? |
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Country level Data Customization |
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Additional Data Analysis |
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Additional Quantitative Data |
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