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.
Analysts’ Views
- The adoption of bone densitometer is
growing due to its use in various orthopaedic treatments and diagnoses.
- Ultrasound densitometers are gaining
traction owing to their comparative advantage over conventional methods.
- The risk of developing osteopenia and
osteoporosis is driving the market majorly.
- The increasing geriatric population base
is the primary driver for the growth of this market.
- The continuous technology advancement in
blood densitometers is helping this market to grow significantly.
The
market is also propelled by technological advancements, growth in awareness
about bone densitometry, rising government initiatives and subsidies for the
same, an increasing number of R&D activities and the presence of a large
number of new players
Regional Overview
Asia
Pacific market will grow significantly due to the growing patient pool and
improved healthcare facilities in developing countries. Growing awareness and
expenditure toward bone health are factors driving the growth of this region.
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.
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