Research Nester published a report titled “Bone Densitometer Systems Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers a detailed overview of the global bone densitometer systems market in terms of market segmentation by type, technology, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion on current and future market trends that are associated with the growth of the market.
The global bone densitometer systems market is anticipated to attain a CAGR of ~3.5% over the forecast period, i.e., 2022 – 2031. The market is segmented on the basis of type into axial bone, peripheral bone, and others, out of which, the axial bone segment is anticipated to hold the notable share over the forecast period on account of the higher precision of axial bone densitometer. Moreover, easy handling, and higher safety of usage amongst children as well as adults, is estimated to boost the segment growth.
The global bone densitometer systems market is estimated to grow on the back of the increasing prevalence of osteoporosis, along with the rising awareness regarding early diagnosis of diseases. Osteoporosis reduces the density of bones, making bones fragile. According to the U.S. National Library of Medicine, globally more than 200 million people are suffering from osteoporosis. Moreover, the growing geriatric population in the world, is anticipated to boost market growth. According to the data by the World Bank, 9.321% of the population is aged above 65 years, as of 2020.
On the basis of geographical analysis, the global bone densitometer systems market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the increasing prevalence of osteoporosis amongst the population, along with the higher health awareness amongst the people. Moreover, high healthcare expenditure, and presence of major pharmaceutical companies in the region, is estimated to boost the market growth.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).
In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Increasing Cases of Osteoporosis and Other Orthopedic Diseases to Fuel the Market Growth
Bone densitometer is an advanced form of x-ray, used to measure the bone density. The growing need to diagnose osteoporosis, backed by the rising prevalence of the disease, is estimated to promote the demand of bone densitometer systems. Moreover, people are more aware for their health, which results in high demand for timely diagnosis, which, in turn, is expected to boost the market growth.
However, high cost of bone densitometer is expected to operate as key restraint to the growth of global bone densitometer systems market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global bone densitometer systems market which includes company profiling of Medonica Co., Ltd., Scanflex Healthcare AB, BeamMed Ltd., Swissray Global Healthcare Holding Ltd., Diagnostic Medical Systems Group, OSI Systems, Inc., Hologic, Inc., GE Healthcare, and AMPall. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.
On the whole, the report depicts detailed overview of the global bone densitometer systems market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.