Global Bone Densitometer Devices Market By Application (Central Scan and Peripheral Scan), Technology (Dual Energy X-ray Absorptiometry, Single X-Ray Absorptiometry, Radiographic Absorptiometry, Quantitative Computed Tomography, Ultrasound and Others), End User (Hospitals, Clinics, Diagnostic Centres, Academic and Research Institutes and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Data Bridge Market Research analyses that the bone densitometer devices market will exhibit a CAGR of around 3.55% for the forecast period of 2021-2028. Rising prevalence of osteoporosis, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, ever-rising geriatric population and rising expenditure on the healthcare infrastructure development especially in the developing economies are the major factors attributable to the growth of bone densitometer devices market.
Bone densitometer devices are the medical devices that used for diagnosing osteoporosis. The bone densitometer devices are used to measure the calcium concentration in the bones and measure the bone density. Further, the bone densitometer devices are used to audit alterations in the bone.
Upsurge in the prevalence of a wide range of bone diseases globally is one of the major factors fostering the growth of the market. Rising focus on the healthcare technological advancements coupled with ever-rising geriatric population is another market growth determinant. Rising demand for bone densitometer devices and growing number of hospitals and diagnostic centres will further generate lucrative market growth opportunities.
However, low rate of awareness in the underdeveloped economies will derail the market growth rate. Lack of medical experts especially in the developing and underdeveloped economies will further pose challenges for the market. Also, high costs associated with the devices will also hamper the market growth rate.
This bone densitometer devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on bone densitometer devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bone Densitometer Devices Market Scope and Market Size
The bone densitometer devices market is segmented on the basis of application, technology and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on application, the bone densitometer devices market is segmented into central scan and peripheral scan.
- The technology segment of the bone densitometer devices market is segmented into dual energy x-ray absorptiometry, single x-ray absorptiometry, radiographic absorptiometry, quantitative computed tomography, ultrasound and others.
- The bone densitometer devices market has also been segmented based on the end user into hospitals, clinics, diagnostic centres, academic and research institutes and others.
Bone Densitometer Devices Market Country Level Analysis
The bone densitometer devices market is analysed and market size insights and trends are provided by country, application, technology and end user as referenced above.
The countries covered in the bone densitometer devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the bone densitometer devices market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the prevailing advanced healthcare technologies, growing prevalence of osteoporosis and prevalence of favourable reimbursement policies. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period owing to the growth and expansion of healthcare industry in this region and ever-rising geriatric population.
The country section of the bone densitometer devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The bone densitometer devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for bone densitometer devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the bone densitometer devices market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Bone Densitometer Devices Market Share Analysis
The bone densitometer devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bone densitometer devices market.
The major players covered in the bone densitometer devices market report are GENERAL ELECTRIC COMPANY, BeamMed Ltd., CompuMed, Inc., Hologic, Inc., Medilink Midlands, DMS Group, Osteometer Meditech Inc., OSTEOSYS Corp., Trivitron Healthcare, Swissray, Medonica Co. LTD, CooperSurgical, Inc., Scanflex Healthcare AB, FURUNO ELECTRIC CO.,LTD, Demetech AB., KITA, MedWrench, LLC., Dentsply Sirona, Echolight and Asclepius Wellness Private Limited among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.