#global bone densitometer market share
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Sinus Dilation Devices Market Size, Share, Growth, Analysis Forecast to 2030
Sinus Dilation Devices Industry Overview
The global sinus dilation devices market size was valued at USD 2.74 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030.
The high preference for minimally invasive procedures, favorable reimbursement scenarios, rising awareness about the advantages of balloon sinuplasty over other conventional techniques, and the prevalence of chronic sinusitis are the major factors fostering the market growth. Developing advanced surgery techniques helps increase the market dynamics by replacing traditional procedures.
Gather more insights about the market drivers, restrains and growth of the Sinus Dilation Devices Market
Technological advancements, such as surgical laser technologies, in sinus surgery ensure minimal ablation and have fewer side effects. Decreased turnaround time enables these procedures to be performed in outpatient departments. For instance, in 2022, the National Health Service (NHS) introduced an innovative laser treatment for patients with epilepsy. This pioneering therapy utilizes lasers to target and treat areas of the brain that cause seizures, providing a new and advanced approach to managing epilepsy and improving patients' quality of life.
The COVID-19 pandemic led to interruptions in routine patient care. Many healthcare organizations have canceled routine clinic visits and elective surgeries to increase and maintain the availability of intensive care and inpatient care beds and have reorganized medical and nursing staff. This has particularly interrupted care for patients with chronic rhinitis. The patients opted for teleconsultations and temporary options for sinus-related problems.
For instance, in Canada, there was a significant decline in the number of surgeries during the first 31 months of the pandemic, amounting to approximately 937,000 fewer surgeries (14%) compared to the pre-pandemic period. These figures were determined by comparing the surgeries performed since March 2020 to a baseline of 2019 without considering population growth or other factors. The most substantial drop in surgeries occurred in the initial four months of the pandemic (March to June 2020), when many scheduled and non-urgent procedures were postponed or canceled across the country to align with public health guidelines.
Browse through Grand View Research's Medical Devices Industry Research Reports.
• The global embolic protection devices market size was valued at USD 612.9 million in 2023 and is projected to grow at a CAGR of 8.7% from 2024 to 2030.
• The global bone densitometers market size was valued at USD 241.2 million in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2030.
Global Sinus Dilation Devices Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global sinus dilation devices market based on product, type, procedure, application, end use, and region.
Product Outlook (Revenue in USD Million, 2018 - 2030)
Ballon Sinus Dilation Devices
Endoscopes
Sinus Stents/Implants
Functional Endoscopic Sinus Surgery (FESS) Instruments Set
Others
Type Outlook (Revenue in USD Million, 2018 - 2030)
Sinuscopes
Rhinoscopes
Procedure Outlook (Revenue in USD Million, 2018 - 2030)
Standalone
Hybrid
Application Outlook (Revenue in USD Million, 2018 - 2030)
Adult
Pediatric
End-use Outlook (Revenue in USD Million, 2018 - 2030)
Hospitals
Ambulatory Surgical Centers
ENT Clinics/In Office
Regional Outlook (Revenue in USD Million, 2018 - 2030)
North America
US
Canada
Europe
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
Japan
China
India
Australia
Thailand
South Korea
Latin America
Brazil
Mexico
Argentina
Middle East and Africa
South Africa
Saudi Arabia
UAE
Kuwait
Key Companies & Market Share Insights
Key players in the market are focusing on adopting growth strategies, such as mergers and acquisitions, developing existing devices, promotional events, and technological advancements. For instance, Intersect ENT, Inc., one of the leading medical technology companies for ear, nose, and throat care, introduced a new product in the U.S. called the Straight Delivery System (SDS) along with the PROPEL Mini Sinus Implant (a medical device). The U.S. Food and Drug Administration has approved this combined packaging, making it available for use. The Straight Delivery System was previously approved in July 2020. In simple terms, Intersect ENT has launched a new product in the U.S. that includes a medical device called the SDS and the PROPEL Mini Sinus Implant, which the FDA has approved for use:
Medtronic
Smith+Nephew
Stryker
Intersect ENT, Inc
Olympus Corporation
SinuSys Corporation
Johnson & Johnson Services, Inc.
TE Connectivity
InnAccel Technologies Pvt Ltd
Order a free sample PDF of the Sinus Dilation Devices Market Intelligence Study, published by Grand View Research.
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The Bone Densitometers Market will grow at highest pace owing to rising prevalence of osteoporosis
The bone densitometers market comprises devices that utilize X-ray technologies such as dual-energy X-ray absorptiometry (DEXA) and quantitative computed tomography (QCT) to measure bone mineral density (BMD). DEXA is considered the gold standard for clinical diagnosis of osteoporosis and is highly precise for assessing fracture risk. It offers quick and easy scanning to evaluate BMD at the hip and spine. The growing prevalence of osteoporosis due to sedentary lifestyles and aging populations worldwide has significantly driven the demand for bone densitometers for diagnosis and monitoring of the condition.
The Global Bone Densitometers Market is estimated to be valued at US$ 313.05 Mn in 2024 and is expected to exhibit a CAGR of 4.7% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the bone densitometers are GE Healthcare, Hologic, Inc., Swissray Global Healthcare Holding, and BeamMed Ltd. GE Healthcare offers a wide range of DEXA and QCT bone densitometers under the Discovery and Horizon brands. Hologic Inc. provides DEXA systems such as Horizon Wi, Horizon Lumbar Spine, and Horizon Advance that have received FDA clearance. The rising geriatric population suffering from bone-related disorders is a major factor fueling demand. As per the United Nations, by 2050, one in six people in the world will be over age 65. The number of hip fractures globally is projected to rise from 1.7 million in 1990 to 6.3 million by 2050. Technological advancements are allowing greater precision and efficiency. Newer DEXA systems feature enhanced imaging capabilities, automated analysis, and wireless connectivity for data sharing. Osteoporosis screening programs in various countries are also raising awareness about early diagnosis. Market Trends Rising remote diagnosis: There is an increased focus on remote diagnosis of osteoporosis using portable DEXA devices or home-based monitoring systems connected via the internet. This trend is driven by the need for convenient solutions amidst healthcare resource constraints. Growing Asia Pacific market: The Asia Pacific region is witnessing rapid growth in geriatric population and increased prevalence of osteoporosis. This will drive the sales of bone density assessment devices in countries like China and India in the coming years. Market Opportunities Low-cost devices: There is scope for manufacturers to offer more affordable options to expand diagnosis in developing nations and rural areas with limited access currently. Multi-utility platforms: Developing multi-utility devices capable of bone density assessment along with other tests can increase adoption. This integrated approach saves on equipment costs for healthcare facilities. Impact of COVID-19 on Bone Densitometers Market Growth The COVID-19 pandemic has significantly impacted the bone densitometers market. During the initial outbreak, several countries announced complete lockdowns which led to the temporary closure of healthcare facilities including diagnostic centers. This reduced the volume of bone density tests being conducted using bone densitometers, impacting the revenues of market players. With people staying indoors, osteoporosis screening also saw a decline. However, as lockdowns have gradually eased in different parts of the world, the market is witnessing a recovery. There is growing emphasis on preventive healthcare and management of chronic diseases. This has boosted the importance of bone health monitoring. Several healthcare providers are taking necessary safety precautions while conducting bone mineral density tests. Telehealth solutions are also being leveraged to continue serving patients virtually during such crises.
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BONE DENSITOMETER DEVICES MARKET Growth, Industry Size-Share, Global Trends, Key Players Strategies and Upcoming Demand
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Global Bone Densitometer Market Size, Share & growth is Projected to Reach USD 356.2 Million By 2027 | BlueWeave
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global bone densitometer market was worth USD 259.3 million in the year 2020. The market is estimated to grow at a CAGR of 4.8%, earning revenue of around USD 356.2 million by the end of 2027. The growth of the global bone densitometer market can be attributed to factors such as the increasing geriatric and obese population, as well as the increasing population of post-menopausal women. Menopause, defined as the natural termination of menstrual cycles in women between the ages of 45 and 55, can raise the risk of osteoporosis, a condition in which bones become fragile and susceptible to fractures. The rising need for bone densitometers is due to this demographic's increased risk of bone-related ailments.
Moreover, emerging economies are also promoting the adoption of advanced medical technologies, which is also influencing the growth of the global bone densitometer market. However, the high cost of bone densitometer equipment and limited awareness surrounding such medical technology may restrict the market growth.
Surging Use of Bone Densitometer in Team Sport Athletes
Bone densitometers are used for determining bone mineral density and estimating the chances of fractures. Therefore, it is increasingly used for assessing the bone density and body composition of sports athletes. Using fan and pencil DXA scans, several sorts of research are undertaken to examine the fat mass, bone mineral content, and fat-free soft tissues of athletes. For such body composition analyses of sports players, the bone densitometer has proven to be quite useful. Such tests are used to determine which players are fit for the game during the fitness test. This is a key factor propelling the demand for bone densitometers across the globe.
Increasing Demand for Axial Bone Densitometry Estimated to Propel Global Bone Densitometer Market
Axial bone densitometry has high demand in the market. Its high prominence in healthcare facilities can be associated with its high adoption rate as this equipment can cater to various clinical needs. This equipment is primarily used for obtaining accurate results of certain diagnoses. Furthermore, the cost-effectiveness of axial bone densitometry has an impact on the global bone densitometer market. Axial bone densitometry is gaining popularity due to its excellent precision and low-performance variance.
The Hospital Segment Will Lead the Global Bone Densitometer Market In The Forecast Period
Based on end-users, the global bone densitometer market is categorized into hospitals & specialty clinics, diagnostic & imaging centers, and other end users. Among these, hospitals acquire the largest market share and are also estimated to grow at a high CAGR during the forecast period. This is because a large percentage of the patient population prefers approaching hospitals to seek diagnosis or treatment. Also, due to the expansion and accessibility of medical services, the demand for bone densitometers is growing rapidly as well.
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Global Bone Densitometer Market - Regional Insights
Geographically, the global bone densitometer market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among all the regions, North America dominates the global densitometer market. However, the Asia-Pacific region is projected to witness the highest CAGR during the forecast period. The increasing prevalence of osteoporosis, along with the high population density in countries like India, China, Japan, etc., is influencing the surging demand for bone densitometers in this region. Furthermore, the increasing healthcare expenditure and rising awareness regarding various bone-related ailments are also contributing to the flourishing bone densitometer market.
Impact of COVID-19 on Global Bone Densitometer Market
The COVID-19-induced pandemic has had disruptive effects on the global bone densitometer market. The number of outpatient activities like health checkups declined significantly after the implementation of nationwide lockdowns imposed by the governments of different countries. This has negatively affected the demand for bone densitometer equipment. Moreover, the entire healthcare facility was focused on the treatment of the surging COVID-19 cases as a result of which the diagnosis or monitoring of other non-emergency health issues was paused for the time being. Densitometer research and development also slowed as vaccine research for Covid-19 took priority.
However, because of the global lockdown, the need for equipment to monitor bone density on a frequent basis while indoors had also skyrocketed. Furthermore, it has been estimated that the revival of the bone densitometer market in the post-COVID-19 period is going to be a slow process.
Global Bone Densitometer Market - Competitive Landscape
The leading market players in the global bone densitometer market are Quest Diagnostics, GE Healthcare, CompuMed, Inc., Hologic Inc., Osteometer MediTech, BeamMed Ltd., MEDILINK, DMS Imaging, Swissray International, Inc., Lone Oak Medical Technologies LLC, Xingaoyi Co., Ltd., Swissray Global Healthcare Holding, Ltd., Eurotec Medical Systems S.R.L., Yozma Bmtech Co., Ltd., L’acn L’accessorio Nucleare S.R.L, Nanoomtech Co., Ltd., Xianyang Kanrota Digital Ultrasound System, Co., Ltd., Diagnostic Medical Systems Group, OSI Systems, Inc., and other prominent players.
The global bone densitometer market is crowded with multiple industry participants; thus, it is difficult for new entrants to penetrate. To keep up with the competition, the companies focus on product innovation and advancement through R&D programs as well as launching new products. Also prevalent in the market are strategies such as joint ventures, mergers and acquisitions, and partnerships.
Don’t miss the business opportunity of the global bone densitometer market. Consult our analysts to gain crucial insights and facilitate your business growth.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global bone densitometer market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global bone densitometer market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
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#global bone densitometer market#global bone densitometer market size#global bone densitometer market share#global bone densitometer market forecast
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Bone Densitometer Market worth $378 million by 2027 - Exclusive Report by MarketsandMarkets™
According to the new market research report "Bone Densitometer Market by Type (DEXA, Peripheral), Application (Osteopenia & Osteoporosis, Cystic Fibrosis, CKD, Body Composition Measurement, Rheumatoid Arthritis), End User (Hospitals & Specialty Clinics, Diagnostic Centres) - Global Forecast to 2027", published by MarketsandMarkets™, the Bone Densitometer Market is projected to reach USD 378 million by 2027 from USD 299 million in 2022, at a CAGR of 4.7% during the forecast period.
Browse in-depth TOC on "Bone Densitometer Market" 147 – Tables 26 – Figures 154 – Pages
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The Factors such as the increasing prevalence of osteoporosis and the growing geriatric population are expected to drive the growth of this market during the forecast period. However, the high cost of bone densitometers is expected to restrain the growth of this market during the forecast period.
By Technology, the Axial Bone Densitometry segment is expected to account for the largest share of the Bone Densitometer market
The axial bone densitometry segment accounted for the largest share the bone densitometers market in 2021. The large share of this segment can be attributed to the advantages of DEXA scanners over peripheral bone densitometers. Moreover, the results obtained from DEXA scanners can be interpreted using WHO scores for greater accuracy.
By Application, the Osteoporosis & Osteopenia Diagnosis segment is expected to account for the largest share of the Bone Densitometers market
The osteoporosis & osteopenia diagnosis accounted for the largest share of the global market in 2021. The large share of this segment 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.
By End User, the Hospitals & Specialty Clinics segment is expected to account for the largest share of the Bone Densitometer market
The hospitals & specialty clinics segment accounted for the largest share of the global bone densitometers market in 2021. The large share of this segment can be attributed to the higher preference of patients for hospital-based treatment of diseases such as cystic fibrosis, chronic kidney disease, and osteoporosis.
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North America dominated this market with the largest share in 2021
In 2021, North America dominated this market with the largest share. This can be attributed to the high consumer awareness, rising healthcare expenditure, the increasing prevalence of osteoporosis, and the presence of key market players in the region.
During the COVID-19 pandemic, hospitals were forced to radically change their operations and processes to safely manage both COVID-19 and non-COVID-19 patients. This led to the cessation of normal outpatient activities with restricted access to hospitals. This, in turn, caused disruptions in the demand for bone densitometry testing. However, recovery was seen in most regions, especially North America and Europe, as services regained normalcy. The Asia Pacific market was slower to recover, especially in China and India.
Some of the prominent players operating in the global bone densitometers market are GE Healthcare (US), Hologic, Inc. (US), OSI Systems, Inc. (US), Diagnostic Medical Systems Group (France), Swissray Global Healthcare Holding, Ltd. (Taiwan), BeamMed, Ltd. (Israel), Echolight S.P.A (Italy), Scanflex Healthcare AB (Sweden), Medonica Co., Ltd. (South Korea), Eurotec Systems S.r.l (Italy), AMPall Co., Ltd. (South Korea), L'acn L'accessorio Nucleare S.R.L (Italy), Shenzhen XRAY Electric Co., Ltd. (China), YOZMA BMTech Co., Ltd. (South Korea), Nanoomtech Co., Ltd. (South Korea), Osteosys Corporation (South Korea), FURUNO Electric Co., Ltd. (Japan), Xianyang Kanrota Digital Ultrasound System, Co., Ltd. (China), XinGaoYi Co., Ltd. (China), Anjue Medical Equipment (China), Guangzhou Medsinglong Medical Equipment Co., Ltd. (China), Trivitron Healthcare (India), OsCare Medical Oy (Finland), CyberLogic, Inc. (US), and Nanjing Kejin Industrial Co., Ltd. (China).
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Bone Densitometers Market Set To Record Exponential Growth By 2026-End
A bone densitometer also known as a dual-energy x-ray absorptiometry (DXA) machine is a device that is used to measure the bone mass and mineral content of a particular part of the skeleton by determining the rate at which it absorbs ionizing radiation. DXA is a simple, quick, and noninvasive technique. A bone densitometer uses ultrasound or X-rays to produce pictures of the inside of the body (usually the lower (or lumbar) spine and hips) to measure bone loss.
The Bone Densitometer Market is expected to grow at a rate of 4.5% by 2026. The rising occurrence of osteoporosis incidence and vitamin D deficiency, the increasing geriatric population, technological advancements in the field of bone densitometry, growing incidents of fragility fracture, and an increasing number of bone-related disorders are some of the key factors driving the global bone densitometer market. However, the high cost associated with bone densitometer products is expected to restrain the market growth.
Increased Adoption of Dual-Energy X-ray Absorptiometry (DEXA) In Various Applications Drives the Bone Densitometer Market
DEXA is a fast and reliable technique of choice in the diagnosis and monitoring of osteoporosis since it objectively measures the most relevant parameters. It is also useful for measuring body composition and its distribution by region. In recent years, new applications have been developed which include vertebral morphometry through the study of the lateral spine, prosthesis integration in orthopedics, and lipodystrophy and lipoatrophy in HIV+ patients. Also, DEXA is comparatively inexpensive with notably shorter scan times and radiation exposure compared to other imaging options.
Estimation of Bone Mineral Density (BMS) Amongst Postmenopausal Women Fuels the Bone Densitometer Market Demand
Osteoporosis is more prevalent among postmenopausal women. This is because the low level of estrogen hormone that occurs at the time of menopause results in significant bone loss. Various researches have demonstrated that there is up to a 10% loss in bone mass in the first five years of women after attaining the menopause phase. It is considered the gold standard for diagnosing osteoporosis and expecting fracture risk with algorithms like the Fracture Risk Assessment Tool.
Adoption of Quantitative Ultrasound (QUS) For Estimating Bone Mineral Status in Children Boosts the Market
QUS is a comparatively recent and noninvasive method of estimating bone mineral status in the peripheral skeleton. In addition to bone density, QUS methods provide some structural information, which may be important in determining fracture risk. QUS technique is safe, easy to use, and cost-effective. The devices are portable, only a few minutes are needed to perform the measurements, and it is radiation-free. These characteristics of QUS are particularly indicated to assess bone mineral status in children.
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North America Holds the Major Share of the Bone Densitometer Market
North America holds the largest share of the bone densitometer market, followed by Europe and APAC. The large share of North America can be attributed to the rising prevalence of osteoporosis, a well-developed healthcare infrastructure, technological advancements in bone densitometer products, and the presence of key market players in the region.
Companies Adopting Organic & Inorganic Growth Strategies to Increase their Market Share
Key players operating in bone densitometer market are adopting various business strategies such as collaborations, acquisitions, partnerships, and new product launches to garner market share. For instance,
•In February 2022, Echolight Medical and Aurora Spine Corporation entered into a joint co-marketing agreement. The mutual agreement is likely to help Aurora to combine Echolight’s bone health assessment capabilities with its proprietary DEXA Technology-based patient-matched implants and promote Echolight’s devices
•In July 2021, DMS Imaging announced the extension of its white-label manufacturing contract for the FUJIFILM Healthcare Group
Competitive Landscape Analysis of Bone Densitometer Market
Some of the key players operating in the global bone densitometer market include GE Healthcare, Hologic Inc., BeamMed Ltd., Echolight S.P.A, Scanflex Healthcare AB, and Medonica Co. Ltd, among others.
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Bone Densitometer Market Future Outlook: Research Insights
The global bone densitometer market is expected to exhibit growth at a CAGR of 4.2% from 2021 to 2030, reaching a valuation of USD 57.42bn by 2030.
Rising cases of osteopenia and the risk of developing post the age of 50 are driving the market.
ResearchMoz shares a comprehensive report on the global bone densitometer market inclusive of size, competitive edge, regional growth, threats and opportunities.
Bone Health Awareness Drives the Bone Densitometer Market
According to the American Osteoporosis Foundation, about 10 million people are affected by osteoporosis in the United States. It makes the bones fragile and results in fractures without even any symptoms. The risk of developing osteoporosis increases with age, lately, there has been a good awareness being spread about it from healthcare associations. This growing awareness and increasing importance being given to bone health are leading to the expansion of the global bone densitometer market. BMD measurement is necessary for diagnosing osteoporosis and osteopenia. It provides detailed images of the bones and depicts any structural abnormalities or defects in the bones.
Product Approvals to Bolsters Demand
Increasing product approvals from FDA are leading to the growing demand for bone densitometers. The increasing importance of healthcare and technological advancements has led to improved products such as DEXA scan, which are further resulting in the higher demand for bone densitometers.
The high cost of this equipment and devices may impede the market during the forecast period.
However, increasing healthcare expenditure is the major driving force in the growth of this market.
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Competitive Landscape
ResearchMoz shares a detailed market analysis of the global bone densitometer market including the market strategies adopted by the key players.
In a bid to gain a competitive edge in the bone densitometer market, a number of players have been focusing on product launches, mergers & acquisitions and partnerships. The bone densitometer market is marked by intense competition among established players as well as new entrants. These companies are adopting strategies such as product launches, mergers & acquisitions and partnerships to enhance their product portfolios and strengthen their market positions.
The prominent players in the market include
DMS Imaging
Swissray International, Inc.
Xingaoyi Medical Equipment Co. Ltd.
Eurotec Medical Systems SRL
Scanflex Healthcare AB
Trivitron Healthcare
Medonica Co. LTD.
OsteoSys Corp
CyberLogic, Inc.
MEDILINK
Osteometer MediTech
CompuMed, Inc.
Echolight S.p.a.
Eurotec Medical Systems SRL
By Application
Osteoporosis & Osteopenia Diagnosis
Cystic Fibrosis Diagnosis
Body Composition Measurement
Rheumatoid Arthritis Diagnosis
By Type
DXA Systems
Peripheral Bone Densitometers
Radiographic absorptiometry scanners
Quantitative ultrasound scanners
By End-User
Hospitals & Specialty Clinics
Diagnostic & Imaging Centers
Other End Users
Continue…
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Bone Densitometer Market
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Worldwide Europe Bone Densitometer Devices Industry to 2029
The Europe Bone Densitometer Devices Market report comprises a thorough analysis of the market drivers, restraints, threats, and opportunities while it also talks the money-spinning investment options for the market players in the coming years. The market size, revenue made from the sales and technologies by various application segments are also evaluated in this business report. Estimates at a global as well as regional level are offered by the analysts. The Europe Bone Densitometer Devices Market document compiles comprehensive intelligence studies that discover almost every aspect of the global market. The market data included in this industry report is extensively researched and analyzed so that key market players can improve their business planning and ensure long-term success. The Europe Bone Densitometer Devices marketing research report has been created after a thorough study of various key market segments like market size, latest trends, market threats & key drivers driving the market. This market report gets acquainted with and analyses the emerging trends along with major drivers, challenges and opportunities in the market. Besides, it also accomplishes the analysis of global market share, segmentation, revenue growth estimation and geographic regions of the market. Competitive study, production information analysis, applications, and region-wise analysis, competitor landscape, consumption and revenue study, cost structure analysis, price evaluation and revenue analysis till 2029 are also analyzed.
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Market Analysis and Insights : Europe Bone Densitometer Devices Market
The Bone Densityometer Market is expected to register a 4.4% market growth during the forecast period, 2022-2029. The Data Bridge Market research report provides analysis and insight into various factors that are expected to prevail throughout the market during the forecast period while also demonstrating their impact on the growth of the market.
The increasing prevalence of osteoporosis is fueling the growth of the bone densitometer market.
Bone densitometer device is known as a medical tool used to diagnose osteoporosis. A bone densitometry device is used to measure the concentration of calcium in the bones and to measure bone density.
In addition, a bone densitometer is also used to monitor bone changes.
Key Pointers Covered in the Bone Densitometer Devices Market Industry Trends and Forecast to 2029
· Market Size
· Market New Sales Volumes
· Market Replacement Sales Volumes
· Market Installed Base
· Market By Brands
· Market Procedure Volumes
· Market Product Price Analysis
· Market Healthcare Outcomes
· Market Cost of Care Analysis
· Market Regulatory Framework and Changes
· Market Prices and Reimbursement Analysis
· Market Shares in Different Regions
· Recent Developments for Market Competitors
· Market Upcoming Applications
· Market Innovators Study
Bone Densitometer Devices Market Scenario
According to Data Bridge Market Research, the Bone Densitometer market is witnessing increasing absorption rate in developing regions due to increasing cases of osteoporosis, increasing aging population, increasing cases of kidney disease and technological advances to boost market growth in these regions.
Bone Densitometer Devices Market Country Level Analysis
The healthcare analytics testing services market is segmented by type, application, technology, and end user.
The countries covered by the Health Analytical Testing Services Market Report are Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey and other Europe.
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Major TOC of Europe Bone Densitometer Devices Market Forecast
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Key Market Competitors Covered in the Report
· BeamMed Ltd.
· CompuMed, Inc.
· Hologic, Inc.
· General Electric Company
· DMS Group
· OsteometerMeditech Inc.
· OSTEOSYS Corp.
· Trivitron Healthcare
· Swissray
· Medonica Co. LTD
· CooperSurgical, Inc.
· Scanflex Healthcare AB
· FURUNO ELECTRIC CO.,LTD
· Medilink UK
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Global Bone Densitometers Market Propelled by Increasing Bone Diseases among Elderly People
Bone Densitometers
A bone densitometer is a device that measures how much bone has been lost. The market for bone densitometers has recently grown significantly in both size and value. An increase in the global elderly population, as well as an increase in the number of patients suffering from vitamin D deficiency and arthritis illnesses, have all contributed to the market's favourable expansion. The increasing prevalence of osteoporosis in postmenopausal women has fueled the expansion of the Bone Densitometers market. The need for bone densitometers is determined by breakthroughs in the domains of osteology and osteopathy.
Sales of bone mineral densitometry are projected to be hampered by the high cost of densitometers and strict government regulations. DXA is a rather expensive technology that is not readily available in most developing Asian countries, particularly in rural areas.Due to the expensive cost of the equipment, there has been a growing trend of installing refurbished bone densitometers. This will provide a hindrance to the market's expansion.Because of the widespread use of densitometers based on this technique, axial Bone Densitometrs has a significant market share. As there is a significant prevalence of osteoporosis patients, the increasing acceptance rate can be linked to axial bone densitometers meeting a variety of clinical criteria.
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Technology backs Product Expansion in the Bone Densitometer Market
The world’s population continues to age, making them susceptible to bone-related ailments. From the increasing risk of osteoporosis and bone fracture, elderly people majorly experience health issues that have contributed to the growth of bone densitometer devices.
The bone densitometer market has witnessed a significant expansion over the years. The rise in degenerative joint diseases among older people has increased the demand for axial bone densitometer technology and DXA scanners supplementing the overall market. For instance, Medilink and Beammed Ltd provide axial technology that ensures the measurement of osteoporotic fractures.
Based on our study, the global bone densitometer market will advance at a CAGR of 4.66% from 2022 to 2028. However, the lack of public awareness about osteoporosis as a major health problem hinders the market’s demand. The risk factors associated with the emission of radiation from the densitometer have also impacted its adoption progression.
Some prominent companies operating in the global market are Osteometer Meditech Inc, G.E. Healthcare, Hologic Inc, L’CAN L’Accessorio Nuclear S.R.L., O.S.I. Systems Inc, and Eurotec Systems S.R.L.
Key Segmentation | Market Leader
The global bone densitometer market analysis is studied based on key segmentation technology, end-user, and application.
Axial bone densitometry captures the largest share in the technology segment.
It is a simple, non-invasive, and quick method used for diagnosing osteoporosis. Robust development of technology and the rising number of patients with osteoporosis have led to the segment’s growth.
The end-user segment is driven due to hospitals, specialty clinics, and other end-users.
Over the years, the end-users, especially hospitals and specialty clinics, compare densitometer devices according to their drawbacks and cost. It has prompted companies to invest in R&D to expand the use of devices. For example, Trivitron Healthcare provides advanced digital DXA detectors exclusively designed to get precise measurement results.
Major applications widening the scope of the bone densitometer market:
Osteoporosis contributes significantly to the growth of the bone densitometer market owing to the rise in the number of people with degenerative diseases. The deficiency of vitamin D, calcium, magnesium, minerals, and other vitamins leads to the growth of osteoporosis. As a result, many prominent players in the market are working towards expanding their product line in bone densitometer devices.
The prevalence of cystic fibrosis, especially in women, has resulted in the demand for DXA scanners to identify the patient’s bone density. As a result, increased CF in people has created traction for bone densitometer devices.
Rheumatoid arthritis is an autoimmune disease and is most common in older people. The growing global incidence of joint pain and change in bone density has influenced the market’s growth. With the rising number of women affected by rheumatoid arthritis, there is a growing demand for axial densitometer technology to treat the patients.
While researchers and clinicians use DXA technology to evaluate their patients’ body and bone composition measurements, its adoption is expected to increase the market for bone densitometer devices.
Regional Market Analysis | Growth Position
According to the global scenario, the market is segregated into countries across regions to study its performance and prospects.
Asia-Pacific has growth potential over the forecast period 2022-2028 and is likely to advance at a CAGR of 5.22%.
India and China are likely to emerge as the fastest-growing countries in the Asia-Pacific bone densitometer market. The robust growth can be attributed to the increased geriatric population. Besides, the government takes effective initiatives to organize awareness programs related to osteoporosis, thus influencing the growth of bone densitometer devices.
North America is the leading market for bone densitometers and is estimated to grow at a CAGR of 10.97% in the estimated period from 2022 to 2028.
The presence of many end-users has influenced the market’s performance in the region. Moreover, the adoption of modern technology by big players such as Cardinal Health Inc., contributes to the regional market.
Future Projections
The prevalence of osteoporosis and other degenerative diseases due to the rising geriatric population has influenced the market’s growth. To increase the awareness among its users, market players are improving the performance of these devices through R&D and technological advancements such as the development of DXA scanners. As the risk of osteoporosis increases with age, it is likely to generate a profitable market for bone densitometer devices in the upcoming years.
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