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Global Bone Densitometer Market Outlook to 2029

Healthcare | Q1 2024 | Report ID: MSR02617
Global Bone Densitometer Market Outlook to 2029

Report Description

A bone densitometer is a medical instrument that uses X-rays to measure the calcium concentration in the bone to study bone density and prepare a treatment plan. According to Marketstack, the Global Bone Densitometer Market is expected to grow considerably during the forecasted period. Factors such as the high prevalence of osteoporosis and bone-related diseases such as osteopenia, osteomalacia, and osteoporotic fractures are expected to drive the Global Bone Densitometer Market in the forecasted period. Further, the rising prevalence of osteoarthritis and vitamin deficiencies, increased adoption of bone densitometers, and technological advancements are expected to drive the Global Bone Densitometer Market in the forecasted period. Furthermore, the development of systems for bone mineral testing increases the use of bone densitometer products, which are expected to drive the Global Bone Densitometer Market in the forecasted period. However, a low awareness rate in underdeveloped economies will derail the market growth rate. The lack of medical experts, especially in developing and underdeveloped economies, will pose further challenges for the market. Also, the high costs associated with the devices will hamper the market growth rate.

The axial bone densitometry fragment dominates the bone densitometer market for several reasons. Axial bone densitometry, like Dual-Energy X-ray Absorptiometry (DXA), is the most extensively used and established technique for measuring bone mineral density. It allows for precise assessment of critical areas like the spine and hip, which are highly capable of fractures owing to osteoporosis. In axial bone densitometry, dual-energy X-ray absorptiometry (DEXA) is the most widely used technique for assessing body density. This device is used for central and peripheral bone mineral density (BMD) scans. It is widely used due to its high precision, easy handling, and usage safety for adults and children. Dual-energy x-ray absorptiometry is used to aid in diagnosing osteopenia and osteoporosis. The increasing adoption rate can be attributed to the fulfilment of different clinician requirements by dual-energy x-ray absorptiometry, as osteoporosis is high in the population. The central devices, which often have an arm surged upward and are plain and broad, are used to test the hip and spine's bone mass. Peripheral devices are more compact and typically evaluate bone density in the heels, elbows, or hands. It is the accepted approach for the diagnosis of osteoporosis due to it takes less time than other processes and doesn't require any specific preparations. It is also used to decide how likely a person is to experience osteoporotic fractures.

Further, the popularity of vitamin D and calcium insufficiency illnesses is predicted to rise shortly, propelling demand. The number of people receiving chemotherapy is rising due to the surging incidence of cancer, which is also called to have long-term effects on a patient's bone density. Rising DXA incorporation into regular physicals will undoubtedly accelerate industry growth during the predicted time frame.

North America has accounted for a significant market share due to the various collaborative efforts undertaken by multiple regional companies to improve their R&D capabilities and maintain high medical standards, which are expected to propel the demand across this region. The market for bone densitometer systems in the United States is driven by the rising use of technology in healthcare systems and the increasing burden of chronic diseases. The hospitals & speciality clinics segment is predicted to account for the highest value share during the forecasted period owing to high patient volume and preventative operations in these settings. The availability of advanced infrastructure allows for greater efficiency in diagnostic procedures utilizing bone densitometers. In addition, the growing propensity of government healthcare institutions to improve modern diagnostic tools that create speedy treatment outcomes is anticipated to drive market revenue growth.

Further, hospitals are progressively employing automated technologies capable of diagnosing related diseases at an early stage, which is also anticipated to drive revenue growth in this segment. Peripheral devices, which monitor wrist, heel, or finger bone density, are frequently available in drugstores and community mobile health vans. The pDXA devices are more compact than the central DXA devices. They are a portable box-like structure with a section for imaging the forearm or foot and are easy to use by a radiologist/ technician. The portable bone densitometer or pDEXA machine uses ultrasonic sound to measure the bone density of the human heel. The output is in a graph format in the printed form. The global Bone Densitometer Market is expected to grow due to a surge in osteoporosis and vitamin D deficiency incidence, an increase in the geriatric population, technological advancements in bone densitometry, and favourable reimbursement scenarios in developed economies. On the other hand, several hazards linked with bone densitometers stifle growth to some extent. On the other hand, increased awareness and use of bone densitometers will likely offer profitable opportunities in the industry. The high cost of a bone densitometer is one of the crucial reasons limiting the global Bone Densitometer Market.

The market key players are BeamMed Ltd., Demetech AB., DMS Imaging (a division of the DMS group), Ecolight S.P.A., and General Electric Company.

In February 2022, Aurora Spine merged with Echolight Medical, manufacturer of the radiation-free "EchoS portable densitometer" used to evaluate the quality of the software platform and the bone mineral density in the concerned patients. The two businesses determined to jointly market each other's goods to their respective clients and probability as a composition of the Aurora DEXA Platform.

Our Global Bone Densitometer Market report provides deep insight into the current and future state of the market across various regions. Also, the study comprehensively analyzes the Bone Densitometer market by segments based on the Technology (Dual Energy X-ray absorptiometry (DXA), Ultrasound, and Other Technologies), Application (Central Scan and Peripheral Scan), and End User (Hospitals, Clinics, and Other Medical Facilities), and by Geography (Asia Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of COVID-19 on market growth in detail. The study covers & includes emerging market trends, market developments, market opportunities, market size, market analysis, market dynamics, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of prominent companies, including their market share and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Bone Densitometer Market
  • Equip yourself with rigorous analysis and forward-looking insight into the Bone Densitometer Market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop strategy
  • Gain understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for Bone Densitometer Market evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

North America Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

United States Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Canada Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Mexico Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Europe Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

United Kingdom Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Germany Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Other Supporting Charts

Italy Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

France Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Spain Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Europe Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South America Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Brazil Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Argentina Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of South America Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Asia-Pacific Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

China Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

India Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Japan Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South Korea Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Asia-Pacific Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Middle East & Africa Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Saudi Arabia Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South Africa Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Middle-East & Africa Bone Densitometer Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

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  • Manufacturers & Suppliers
  • Healthcare Service Providers
  • Pharmaceutical Companies
  • Insurance Companies
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Other Stakeholders

  What's included

Report - Global Bone Densitometer Market Outlook to 2029.pdf
Market Data - Global Bone Densitometer Market Outlook to 2029.xls

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