The global bone densitometers market size is expected to reach USD 1.2 billion by 2025, according to a new study by Grand View Research, Inc. The growing prevalence of metabolic bone diseases is believed to be responsible for the high clinical urgency to adopt bone densitometers, thereby impelling the market demand. The growing base of the geriatric and obese population, which is highly susceptible to developing disorders such as osteoporosis, is anticipated to propel the demand further. The aforementioned factors are slated to present the market with lucrative growth opportunities over the coming years.
Moreover,
the presence of a consistent number of health initiatives to promote awareness
pertaining to osteoporosis is anticipated to broaden market growth potential
over the coming years. For instance, National Osteoporosis Foundation (NOF), a
government healthcare organization that conducts National Bone Health Alliance
and Fracture Liaison Service (FLS) care coordination programs, is focused on
elevating awareness levels pertaining to available diagnostic & treatment
alternatives for osteoporosis. It also encourages the training of healthcare
professionals for efficient management of osteoporosis.
In
addition, the advent of technologically advanced devices, such as portable
densitometers, is presumed to fuel their adoption in home healthcare. Other
technological advancements include the implementation of advanced hip
assessment software into DXA systems that enabled noninvasive assessment of
proximal femur structural geometry. Additional associated benefits include the
depiction of a wide array of parameters such as skeletal mapping, hip axis
length assessment, areal BMD determination, and cross-sectional area & the
femoral strength index.
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Bone Densitometer
Market Report Highlights
- Peripheral bone densitometry
is expected to exhibit lucrative CAGR owing to increasing adoption in a
wide array of clinical applications. The high penetration can be
attributed to efficient peripheral fracture risk assessment, not
achievable by other technologies
- Clinics are anticipated to
exhibit lucrative CAGR during the forecast period owing to the advent of
portable densitometers that are increasingly being preferred by clinicians
due to associated benefits such as compact size, accuracy, and ease of
transportation
- In 2016, North America held
a dominant share of the global bone densitometer market, as a consequence
of increasing localized presence of prominent companies undertaking
competitive sustainability strategies
- Asia Pacific is anticipated
to grow at an exponential CAGR due to unmet patient needs, continuous
technological & infrastructural upgrades, and growing healthcare
expenditure
- Some key participants
implement various competitive strategies, such as new product development
& frequent product approvals, to maintain their position in the market
- For instance, in October
2016, BeamMed launched neonatal bone growth assessment software for
premature babies, which is compatible with most of the densitometer tools
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Bone Densitometer
Market Segmentation
Grand View Research has segmented
the global bone densitometers market on the basis of technology, end use, and
region:
Bone Densitometers
Technology Outlook (Revenue, USD Million, 2014 - 2025)
- Axial Bone Densitometry
- Dual Energy X-Ray
Absorptiometry (DEXA)
- Quantitative Computed
Tomography (QCT)
- Peripheral Bone Densitometry
- Single Energy X-Ray
Absorptiometry (SEXA)
- Dual Energy X-Ray
Absorptiometry (PDEXA)
- Radiographic Absorptiometry
(RA)
- Quantitative Ultrasound
(QUS)
- Peripheral Quantitative
Computed Tomography (pQCT)
Bone Densitometers
End-Use Outlook (Revenue, USD Million, 2014 - 2025)
- Hospitals
- Clinics
Bone Densitometers
Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- Asia Pacific
- Japan
- China
- India
- Latin America
- Mexico
- Brazil
- MEA
- South Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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