Bone Densitometers Market Growth & Trends
The global bone densitometers market size is expected to reach USD 329.3 million by 2030, expanding at a CAGR of 4.5% from 2024 to 2030. 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.
Bone Densitometers 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 2023, 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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- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Bone Densitometers Market Variables, Trends, & Scope
Chapter 4. Bone Densitometers Market: Technology Estimates & Trend Analysis
Chapter 5. Bone Densitometers Market: Application Estimates & Trend Analysis
Chapter 6. Bone Densitometers Market: End Use Estimates & Trend Analysis
Chapter 7. Bone Densitometers Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
Companies Mentioned
- GE Healthcare
- Hologic Inc.
- DMS Imaging
- Swissray International, Inc.
- Xingaoyi Medical Equipment Co. Ltd
- Eurotec Medical Systems Srl
- Trivitron Healthcare
- Scanflex Healthcare AB
- Medonica Co. Ltd
- OsteoSys Corp
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | August 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 241.2 Million |
| Forecasted Market Value ( USD | $ 329.3 Million |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
