According to Data Bridge Market Research new Market report “Global Dual Emission X-Ray Absorptiometry DEXA Equipment Market, By Product Type (Central DEXA, Peripheral DEXA), By Application (Body Composition Analysis, Fracture Diagnosis, Bone Densitometry, Fracture Risk Assessment), By End-User (Hospitals, Clinics, Mobile Health Centers, Over the Counter), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa, Rest of the World) – Trends and Forecast to 2022”, is estimated at USD 204.6 million in 2016 and is projected to reach USD 267.3 million by 2022, at a CAGR of 4.5% during the forecast period from 2016 to 2022.Report Access: http://databridgemarketresearch.com/reports/dexa-equipment-market-trends-forecast/
The market is somewhat hindered owing to large cost of equipments and low or in some countries no reimbursements provided to DEXA tests. Also this market is facing tough competition from equipments such as body impedance analyzers (BIA), hydrostatic weighing devices, quantitative ultrasound (QUS) bone densitometers and quantitative computed tomography (QCT). The QUS bone densitometers are cheaper in nature and are well accepted among medical professionals but still do not provide the accuracy of DEXA systems. The market for DEXA equipments dominates the bone densitometry market while BIA is dominant over DEXA is body composition analyzers market.
The DEXA equipments are used in multiple fields such as fracture diagnosis, diagnosis of osteoporosis, fracture probability assessments and body composition analysis. These devices provide a assessment result in form of T-scores. The T score result -1 is considered normal, -1 to -2.5 is considered to be osteopenia and below -2.5 is considered osteoporosis. The decrease of bone density is considered to be osteoporosis and patients suffering from this ailment are more susceptible to fractures. Vertebral fractures and hip fractures are the major form of fractures caused due to osteoporosis. The incidence of vertebral fractures and hip fractures are higher in females as considered to males. Vertebral fractures are many times undiagnosed so the incidence of diagnosed fractures is only considered while deriving the markets growth. According to WHO statistics osteoporosis fractures worldwide is expected to reach 5395 million by 2050. Asia-Pacific region is expected to dominate the total number of osteoporosis fractures in 2020, with approximately 58% market share.
Based on geography the Global DEXA Equipment market is segmented into geographical regions such as North America, Europe, Asia-Pacific, South America and rest of the world. North America leads the market with majority of share while the market for Japan, China and some south Asian countries are expected to grow at the highest CAGR due to large incidence of vertebral and hip fractures and highest prevalence of osteoporosis in this region.
The report of this market shares countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others
The Global DEXA Equipment market is highly competitive and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes company share data for different geographies including North America, Europe, South America and Asia Pacific.
The Global DEXA Equipment market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. Some of the major players operating in this market are Hologic, Inc., GE Healthcare, Osteometer Meditech Inc., Swissray International, Inc., MB Tech, DMS Imaging, The Acn Srl, Demetech AB and AMPall Co.,LTD. among other companies.
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Global Dual Emission X-Ray Absorptiometry (DEXA) Equipment Market – Industry Trends and Forecast to 2027
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