Bone Densitometers Market Insights:
The Bone Densitometers Market size was valued at USD 41.61 Billion in 2022, expecting a CAGR of 4% during the forecast period (2023-2030), and the market is projected to be worth USD 56.95 Billion by 2030.
Driver:
The increased adoption of Bone Densitometers in the Medical Devices industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Bone Densitometers also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Bone Densitometers in many sectors also boosts the market growth during the forecast period.
Bone densitometers are medical devices that measure bone density or bone mineral content using a technique called dual-energy X-ray absorptiometry (DXA). Bone density refers to the amount of bone mineral in bone tissue, and it is an important measure of bone strength and risk for fractures. Bone densitometers are commonly used to diagnose osteoporosis, a condition characterized by low bone density and increased risk of fractures. They are also used to monitor changes in bone density over time, assess response to treatment, and identify individuals who may be at risk for fractures.
Bone Densitometers Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Technology (Dual Energy X-ray Absorptiometry (DXA), Ultrasound, Other Technologies), By Application (Central Scan, Peripheral Scan), By End Use (Hospitals, Clinics, Other Medical Facilities), and companies (BeamMed Ltd., Demetech AB., DMS Imaging (a division of the DMS group), Ecolight S.P.A., General Electric Company, Hologic Inc., Medilink, Medonica Co. Ltd, Osteometer MediTech Inc., Swissray International Inc.), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 4%, over the forecast period of 2023–2030.
Report Coverage:
Report Attributes | Report Details |
Study Timeline | 2017-2030 |
Market Size in 2030 (USD Billion) | 56.95 Billion |
CAGR (2023-2030) | 4% |
By Technology | Dual Energy X-ray Absorptiometry (DXA), Ultrasound, Other Technologies |
By Application | Central Scan, Peripheral Scan |
By End Use | Hospitals, Clinics, Other Medical Facilities |
By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Key Players | BeamMed Ltd., Demetech AB., DMS Imaging (a division of the DMS group), Ecolight S.P.A., General Electric Company, Hologic Inc., Medilink, Medonica Co. Ltd, Osteometer MediTech Inc., Swissray International Inc. |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Bone Densitometers market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
BeamMed Ltd., Demetech AB., DMS Imaging (a division of the DMS group), Ecolight S.P.A., General Electric Company, Hologic Inc., Medilink, Medonica Co. Ltd, Osteometer MediTech Inc., Swissray International Inc.
Market Segment Analysis:
By Technology
- Dual Energy X-ray Absorptiometry (DXA)
- Ultrasound
- Other Technologies
By Application
- Central Scan
- Peripheral Scan
By End Use
- Hospitals
- Clinics
- Other Medical Facilities
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2022, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Bone Densitometers industries in the region.
Key Bone Densitometers Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Bone Densitometers Market segments.
– Largest Market Share Held by Industry to Industry for Bone Densitometers
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Bone Densitometers Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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