Global Bone Densitometer Devices Market, By Technology (Axial Bone Densitometry (Dual Energy X-Ray Absorptiometry and Quantitative Computed Tomography) and Peripheral Bone Densitometry (Single Energy X-Ray Absorptiometry, Peripheral Dual Energy X-Ray Absorptiometry, Radiographic Absorptiometry, Quantitative Ultrasound, and Peripheral Quantitative Computed Tomography); By End User (Hospitals, Diagnostic Centers, and Specialty Clinics), and By Geography (Norath America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) - Industry Trends and Forecast to 2024
Market Analysis: Bone Densitometer Devices Market
The Bone Densitometer Devices Market accounted to USD 410.5 million in 2016 growing at a CAGR of 4.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Bone Densitometer Devices Market
A bone densitometer is noninvasive measurement device which is used to detect quantitative decreases in bone mass related to metabolic bone diseases such as osteoporosis and to assess efficacy of treatment. It is a part of X-ray apparatus used to measure the calcium content of bone to reflect bone density and therefore bone fracture risk.
Major Market Drivers and Restraints:
- Rising in the geriatric population across the world
- Increasing prevalence of osteoporosis in post-menopausal women
- Technological advancements in point-of-care devices
- Increase in the number of diagnostic laboratories and hospitals
Market Segmentation: Bone Densitometer Devices Market
By technology the market for bone densitometry devices is segmented into Axial Bone Densitometry and Peripheral Bone Densitometry. The Axial Bone Densitometry segment is further segmented into Dual Energy X-Ray Absorptiometry (DEXA), and Quantitative Computed Tomography (QCT). The Peripheral Bone Densitometry segment is further segmented into Single Energy X-Ray Absorptiometry (SEXA), Peripheral Dual Energy X-Ray Absorptiometry (pDEXA), Radiographic Absorptiometry (RA), Quantitative Ultrasound (QUS), and Peripheral Quantitative Computed Tomography (pQCT).
On the basis of end-user the market is segmented into diagnostic centers, hospitals, and Specialty clinics.
On the basis of geography, bone densitometry devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis: Bone Densitometer Devices Market
The bone densitometry devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of bone densitometry devices market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Bone Densitometer Devices Market
Some of the major players operating in Bone Densitometer Devices Market are BeamMed Ltd (Israel), Diagnostic Medical Systems S.A. (France), GE Healthcare (U.S.), Hologic, Inc. (U.S.), Osteometer Meditech Inc, (U.S.), Lone Oak Medical Technologies, LLC (U.S.), CooperSurgical, Inc, (U.S.), and CompuMed, Inc, (U.S.) among others.
Research Methodology: Bone Densitometer Devices Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.