Bone Densitometers Market Assumptions, Key Companies Profile, Sales, Demand, Cost Structure Analysis

Bone Densitometers Market Assumptions, Key Companies
Profile, Sales, Demand, Cost Structure Analysis
“The market size of global bone densitometers was worth USD 893.7 million
in the year 2016 and is predicted to grow with a CAGR of 3.9% during the
forecast period. The significant increase in prevalence of osteoporosis on
global level is the major driving force.”
Industry Insights
The market size of global Bone Densitometers Market was worth USD 893.7 million in the year 2016 and is
predicted to grow with a CAGR of 3.9% during the forecast period. The significant increase in prevalence of
osteoporosis on global level is the major driving force. This has led to an upsurge in demand for efficient
assessment with the use of bone densitometers. In addition, the increase in geriatric population base, which is
more susceptible to metabolic bone diseases, is expected to provide lucrative growth opportunities.
The rise in osteoporosis incidence in menopausal women is anticipated to be a key growth contributor.
According to International osteoporosis foundation, over 200 million females are suffering from this disease
globally with 1/10th belonging to 60 years, 2/5th in 80 years’ group, 1/5th in 70 years and 2/3rd in 90 years’ age
group. Moreover, every 1 out of 3 women above the age of 50 years were seen to suffer from fragility fractures
once in their lifetime. According to a report published by National Institutes of Health Osteoporosis and Related
Bone Diseases, various lifestyle-related factors including smoking, alcohol abuse and sedentary lifestyle are
major contributors for development of osteoporosis in males. The above mentioned factors provide a clinical
urgency to reduce this disease burden and hence fuel the rate of adoption of these assessment devices to suffice
early diagnosis.
Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/bone-densitometers-market/request-sample

Additionally, advent of technologically advanced products such as ultrasound & computer assisted
densitometers and integrated digital detectors cater to the needs of technicians and physicians by reducing
measurement time and facilitating easy operations. The use of ultrasound based densitometers has increased
to wide range of fields including endocrinology, gynecology and various others.
Furthermore, the increase in demand for these devices can be attributed to the collaborative initiatives
undertaken by key companies for research and development of new products to enhance the diagnostic tools
for advanced skeletal assessment. Also, funds for research by various healthcare organizations for development
of technologically advanced products are also projected to drive the market. For instance, Lunar Expert
developed by GE Healthcare provides spatial resolution leading to enhanced risk assessment and identification
via advanced visualization.
Technology Insights
The largest share in the technology segment was held by axial bone densitometers with over 60.0% in 2016 as
a consequence of consistent adoption rate of these devices. The fulfillment of various requirements and needs
of clinicians by usage of these devices can be attributed to the increasing penetration rate of the technology.
These majorly include the central dual energy x-ray absorptiometry, technology based tools which are crucial
for accurate diagnostic results.
Moreover, the usage of these bone assessment devices are predicted to be a result of enhanced precision,
sensitivity, optimum linearity leading to reduced variation in diagnostic performance. The above mentioned
factors along with their cost effective nature are responsible for the high adoption of these by clinicians.
Browse Full Research Report @
https://www.millioninsights.com/industry-reports/bone-densitometers-market
End-use Insights
The major share was held by hospitals in 2016 owing to the large volume of patients and frequent readmission.
Moreover, sophisticated infrastructure facilitating high efficiency of diagnostic procedures with bone
assessment devices is expected to drive the hospital segment. The rise in initiatives by healthcare organizations
to promote technologically advanced and sophisticated instruments for rapid result generation also serves as a
key growth driving factor. In addition, hospitals in present scenario are using totally automated systems having
the ability for assessment of conditions at an early stage. The aforementioned factors are predicted to positively
impact the segment growth during the forecast period.
Regional Insights
The market was dominated by North American region in 2016 owing to the rising osteoporosis burden of the
region. Various strategic initiatives by prominent market players for improvement of R&D capabilities and
maintaining high medical standards are anticipated to drive the regional demand. The growth across Asia Pacific

egion is expected to be exponential throughout the forecast period with a CAGR of xx%. The high growth can
be attributed to the rise in demand to reduce the existing prevalence, increased disposable income and
improvements is infrastructure of healthcare facilities.
Competitive Insights
The intensive competition in the industry is expected to rise throughout the forecast period as a consequence
of increasing number of strategic initiatives such as new product development, R&D investments, acquisitions
and mergers by prominent market players to maintain their competitive edge over the other companies.
For example, Hologic, Inc. in August 2014 received regulatory approval for horizon DXA platform in Canada
having workflow efficiencies and enhanced technical capabilities. The integrated ceramic detector array and
high resolution achieved by the devices helps in enhanced stability, precision, image quality and skeletal
mapping.
Market Segment:
Bone Densitometers Technology Outlook (Revenue, USD Million, 2014 - 2025)
• Axial Bone Densitometry
• Dual Energy X-Ray Absorptiometry (DEXA)
• Quantitative Computed Tomography (QCT)
• Peripheral Bone Densitometry
• Single Energy X-Ray Absorptiometry (SEXA)
• Dual Energy X-Ray Absorptiometry (PDEXA)
• Radiographic Absorptiometry (RA)
• Quantitative Ultrasound (QUS)
• Peripheral Quantitative Computed Tomography (pQCT)
Bone Densitometers End-Use Outlook (Revenue, USD Million, 2014 - 2025)
• Hospitals
• Clinics
Bone Densitometers Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• Japan
• China
• India
• Latin America

• Mexico
• Brazil
• MEA
• South Africa
See More Reports of this Category by Million Insights @
https://www.millioninsights.com/industry/medical-devices
Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our
representatives strive to understand diverse client requirements and cater to the same with the
most innovative and functional solutions.
Contact Person:
Ryan Manuel
Research Support Specialist, USA
Email: ryan@millioninsights.com
Global Headquarters
Million Insights
Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States
Phone: 1-408-610-2300
Email: sales@millioninsights.com
Asia Pacific
Million Insights
Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016
India
Phone: 91-20-65300184