Global Ultrasound Bone Densitometer Market, By Application (Central Scan, Peripheral Scan), End-User (Hospitals, Clinics, Diagnostic Centres, Academic & Research Institutes, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, 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
Ultrasound bone densitometer market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 234.12 million by 2028 and grow at a CAGR of 3.43% in the above-mentioned forecast period. Rise in the incidence of osteoporosis and vitamin D deficiency drives the ultrasound bone densitometer market.
Bone densitometer is defined as a medical device which utilizes x-ray pieces to measure the calcium concentration of the bone to reverse the bone density and thus the risk of bone fracture. It is also used to discover a disease called osteoporosis where the bone density is small and the hazard or threat of bone invoice or breaking is high. The primary aim of bone densitometer systems is to use treatment techniques to identify those at danger of growing osteoporosis and audit alterations in bone density.
Rise in the regular technological advancement is the vital factor escalating the market growth, also rise in the surging preferences for bone densitometer devices, rise in the geriatric population, increase in the prevalence of kidney disease and rise in the favourable reimbursement scenario in developed economies are the major factors among others driving the ultrasound bone densitometer market. Moreover, rise in the research and development activities in the market, increase in the awareness regarding the disease, rise in the surge in adoption of bone densitometers and rise in the demand from emerging economies will further create new opportunities for ultrasound bone densitometer market in the forecasted period of 2021-2028.
However, rise in the associated with bone densitometers and high cost of bone densitometers are the major factors among others which will obstruct the market growth, while lack of access to diagnostics, rise in the unfavourable reimbursement scenario and increase in the hospital budget cuts will further challenge the growth of ultrasound bone densitometer market in the forecast period mentioned above.
Ultrasound bone densitometer 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 ultrasound bone densitometer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Ultrasound Bone Densitometer Market Scope and Market Size
Ultrasound bone densitometer market is segmented on the basis of application 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.
On the basis of application, ultrasound bone densitometer market is segmented into central scan and peripheral scan.
The ultrasound bone densitometer market is also segmented on the basis of end-user into hospitals, clinics, diagnostic centres, academic & research institutes and others.
Ultrasound Bone Densitometer Market Country Level Analysis
Ultrasound bone densitometer market is analysed and market size insights and trends are provided by country, application and end-user as referenced above.
The countries covered in the ultrasound bone densitometer 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 ultrasound bone densitometer market due to rise in the research and development capabilities and maintain high medical standards, rise in the surging preferences for bone densitometer devices, rise in the geriatric population, increase in the prevalence of kidney disease and rise in the favourable reimbursement scenario in this region. Asia-Pacific is the expected region in terms of growth in ultrasound bone densitometer market due to rise in the disposable income and rise in the infrastructural improvements in healthcare facilities in this region.
The country section of the ultrasound bone densitometer 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
Ultrasound bone densitometer market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for ultrasound bone densitometer market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the ultrasound bone densitometer market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Ultrasound Bone Densitometer Market Share Analysis
Ultrasound bone densitometer 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 ultrasound bone densitometer market.
The major players covered in the ultrasound bone densitometer market report are BeamMed Ltd., CompuMed, Inc., Hologic, Inc., General Electric, DMS Group, Osteometer Meditech Inc., OSTEOSYS Corp., Trivitron Healthcare, Swissray International, Inc., Medonica Co. LTD, CooperSurgical, Inc., Scanflex Healthcare AB, FURUNO ELECTRIC CO.,LTD, Medilink UK, Demetech AB., KITA, MedWrench, LLC., Dentsply Sirona, Echolight S.p.a., Asclepius Wellness and Tecnicare Healthcare Company 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.