Global Bone Densitometers Market (2018 – 2024)

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NEW YORK, March 18, 2019 — The Global Bone Densitometers Market size is expected to reach $1.2 billion by 2024, rising at a market growth of 4.7% CAGR during the forecast period, the market is predominantly driven by a notable increase in the prevalence of osteoporosis worldwide. This unprecedented rise has resulted in excessive demand for bone densitometers for efficient assessment, thereby broadening the growth potential in the coming years. Moreover, rise in geriatric population that possesses high susceptibility toward developing osteoporosis is further anticipated to impel the overall demand for bone densitometers.

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Bone densitometry, popularly known by the name of dual-energy x-ray absorptiometry, DXA or DEXA, employs a very minor dose of ionizing radiation. The radiation produces images of the lower (or lumbar) spine and hips of a patient’s body. This method is typically employed to measure the cause behind bone loss which tends to occur after a particular age. Furthermore, it is currently a universally adopted device which helps to diagnose osteoporosis and assesses an inidual’s risk which leads to osteoporotic fractures. DXA is simplified, non-invasive, and sophisticate device used on a general basis and is also used as the standardized method for diagnosing osteoporosis.

Based on Technology, the market is segmented into DEXA (Dual Energy X-ray Absorptiometry), Ultrasound, and Other. Currently DEXA (Dual Energy X-ray Absorptiometry) is the largest segment of bone densitometer market, as it is commonly used to diagnose osteoporosis, to assess the risk for developing osteoporotic fractures. DXA is simple, quick and noninvasive in nature and most commonly used as a standard method for diagnosing osteoporosis. Based on Application, the market is segmented into Central Scan and Peripheral Scan. Based on the End user, the market is segmented into Hospitals, Clinics and Other end users. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE), Cooper Companies Inc., Hologic Inc., CompuMed, Inc., Digirad Corporation, BeamMed Ltd, Demetech AB, Lone Oak Medical Technologies LLC, OSI Systems, Inc and Swissray International Inc.

Read the full report: https://www.reportlinker.com/p05365717

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