Market by Technology, End-users, Application, and Regional Outlook | Forecast 2022-2028
A bone densitometer is used to measure bone loss. It is an advanced form
of X-ray technology that can discover osteopenia or osteoporosis and assess the
risk of an individual for developing fractures. By using a very small dose of
ionizing radiation, it can take pictures inside the body. Also, a bone densitometer
can measure calcium and other minerals in the bone segment and allow
visualization of the bone structure.
According to Triton Market Research’s report, the Global Bone Densitometer Market was valued at $962.50 million in 2021 and is expected to reach $1321.36 million by 2028, growing at a CAGR of 4.66% during the forecast period.
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MARKET PERFORMANCE – DRIVERS, CHALLENGES, AND TRENDS
The
rise in degenerative joint diseases and the growing prevalence of osteoporosis
are the key drivers of the bone densitometer market. Osteoporosis has become a worldwide epidemic
in recent years. As bones shrink with age, the risk of osteoporosis increases.
After the age of 30, the rate of bone formation slows down, and people lose a
tiny bit of bone each year. The severity of osteoporosis is determined by the
thickness of the bones. Women’s bones are often smaller and lighter than men’s.
Bone densitometry, also known as dual-energy x-ray absorptiometry, DEXA or DXA,
is a technique for diagnosing osteoporosis and determining a person’s risk of
suffering osteoporotic fractures. DXA is a quick, simple, and painless
procedure. It’s also the most widely used and acknowledged method for detecting
osteoporosis.
Lack
of public awareness, risks associated with bone densitometers, and their high
price are the main challenges that are hindering the growth of the market. Owing to their high cost, most hospitals do
not use this device. Also, due to improvements in technology, the cost of bone
densitometers has increased in recent years. The cost of a bone densitometer
depends on the market demand of a location, technology used, and other factors.
The cost of a high-quality bone densitometer averages $4,963 - $72,790 per
piece. The high cost of bone densitometers deters their adoption.
In
addition, the use of advanced technologies such as DXA scanners has given a new
horizon to the bone densitometer market in recent years. The Food and Drug Administration (FDA)
approved dual-energy x-ray absorptiometry (DXA) for clinical use in 1988. DEXA
is a non-invasive, rapid, and simple procedure for determining bone mineral
density, risk of breaking a bone, and other factors. A DEXA can complete a
measurement in around 5 minutes while exposing you to very little radiation. The
conversion of initial pencil-beam densitometers into narrow fan-beam
densitometers has allowed for faster scan times, greater resolution, and other
improvements in DXA technology, which can boost scanning power and measurement
accuracy.
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KEY GEOGRAPHIES COVERED:
• North America:
United States and Canada
• Europe: United
Kingdom, France, Germany, Spain, Italy, and Rest of Europe
• Asia-Pacific:
China, Japan, India, Australia, New Zealand, South Korea, ASEAN Countries, and
Rest of Asia-Pacific
• Latin America:
Brazil, Mexico, and Rest of Latin America
• Middle East and Africa: Saudi Arabia, Turkey, United Arab Emirates, South Africa, and Rest of
Middle East & Africa
SEGMENTATION ANALYSIS – BONE DENSITOMETER MARKET
• By
Technology
o Axial Bone Densitometry
o Peripheral Bone Densitometry
Peripheral bone densitometry is estimated to
progress with the highest CAGR during the forecast period. Peripheral bone densitometry can measure the
bone density of the wrist, finger, and heel. It does not examine the hips or
spine. The device is portable, so it can be brought to health fairs and
pharmacies, and the cost of this test is usually cheaper. At peripheral
skeletal sites, peripheral dual-energy X-ray absorptiometry (pDXA),
radiographic absorptiometry (RA), radiogrammetry (RG), and other technologies
are used for the assessment of fracture risk.
• By End-users
o Hospital
o Specialty Clinics
o Other End-users
• By Application
o Osteoporosis & Osteopenia
o Cystic Fibrosis
o Rheumatoid Arthritis
o Body Composition Measurement
Osteoporosis & Osteopenia leads the market
in terms of revenue. Osteoporosis
is a bone-weakening disease caused by a decrease in bone mass and strength. The
bones become porous and weaker as a result of osteoporosis, increasing the risk
of fractures, particularly in the spine, hip, and several peripheral joints,
such as the wrists. Deficiencies in calcium, vitamin D, magnesium, and other
vitamins and minerals cause it. Osteopenia occurs when bones are weaker than
normal bones, although they do not break as easily as osteoporosis-affected
bones do. Osteopenia is a condition that develops beyond the age of 50 and is
determined by the state of the bones while they are young.
COMPETITIVE LANDSCAPE:
The bone densitometer market by company profile helps dive into data
about the key players in this industry. The strategic initiatives for each of
the companies considered have been covered in detail.
Acquisition (November 2020):
GE Healthcare and Prismatic Sensors AB
GE Healthcare acquired Prismatic Sensors AB, a Swedish start-up that
specializes in photon-counting detectors, demonstrating the company’s
commitment to photon-counting CT technology. For oncology, cardiology,
neurology, and a variety of other clinical CT applications, this technology has
the potential to greatly improve clinical performance.
Partnership (February 2022):
Echolight SpA and Aurora Spine Corp
Aurora Spine Corporation, a maker of novel spinal implants, announced a
joint corporate-marketing partnership with Echolight SpA, a maker of the
radiation-free EchoS compact densitometer for assessing the health of
patients for bone mineral density (BMD) and bone microarchitecture
quality independent of BMD. Aurora is in the industry of
developing, designing, and manufacturing DEXA technology-based spinal
implants; whereas, Echolight is in the business of non-ionizing radiation bone
health assessment.
Key Benefits of the Report:
● Triton Market Research has a collective experience of 25-30 years
in the industry, with its analysts and experts encompassing the most infallible
research methodology for its market intelligence and industry analysis.
●
Our research methodology helps in achieving a broader consensus of
the market size, shape, and industry trends within each industry segment.
● The strategy adopted in designing the research methodology
includes the amalgamation of the information assembled from primary and
secondary sources, with the assistance of analytical tools to construct the
forecast and predictive models.
● The scope of the market report comprises the current scenario of
the global application security market, along with the detailed overview of the
industry outlook, market dynamics, segmentation analysis, regional outlook, and
competitive landscape for the period 2022-2028.
FAQs:
Q 1) Which is the largest
region in the global bone densitometry market?
North America is the largest region in the global bone densitometry market.
Q 2) What is bone
densitometry?
Bone densitometry, which is also called dual-energy X-ray absorptiometry
(DXA or DEXA), is a test that calculates bone density accurately.
Q 3) What is the forecast
period for the global bone densitometer market report?
2022-2028 is the forecast period for the global bone densitometer market
report.
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VIEW REPORT1. GLOBAL
BONE DENSITOMETER MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE BONE DENSITOMETER INDUSTRY
2.2. KEY
INSIGHTS
2.2.1. RISING
GERIATRIC POPULATION THAT IS HIGHLY SUSCEPTIBLE TO BONE-RELATED AILMENTS
2.2.2. ADVANCEMENT
OF TECHNOLOGIES SUCH AS DXA SCANNERS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. INDUSTRY
COMPONENTS
2.7. KEY
MARKET STRATEGIES
2.7.1. ACQUISITIONS
2.7.2. PARTNERSHIPS
2.8. MARKET
DRIVERS
2.8.1. RISE
IN CASES OF DEGENERATIVE JOINT DISEASES
2.8.2. GROWING
PREVALENCE OF OSTEOPOROSIS
2.9. MARKET
CHALLENGES
2.9.1. LACK
OF PUBLIC AWARENESS
2.9.2. RISKS
ASSOCIATED WITH BONE DENSITOMETERS
2.9.3. HIGH
PRICE OF BONE DENSITOMETERS
2.10. MARKET
OPPORTUNITIES
2.10.1. CONSISTENT
TECHNOLOGICAL ADVANCEMENTS
3. GLOBAL
BONE DENSITOMETER MARKET OUTLOOK – BY TECHNOLOGY
3.1. AXIAL
BONE DENSITOMETRY
3.2. PERIPHERAL
BONE DENSITOMETRY
4. GLOBAL
BONE DENSITOMETER MARKET OUTLOOK – BY END-USERS
4.1. HOSPITAL
4.2. SPECIALTY
CLINICS
4.3. OTHER
END-USERS
5. GLOBAL
BONE DENSITOMETER MARKET OUTLOOK – BY APPLICATION
5.1. OSTEOPOROSIS
& OSTEOPENIA
5.2. CYSTIC
FIBROSIS
5.3. RHEUMATOID
ARTHRITIS
5.4. BODY
COMPOSITION MEASUREMENT
6. GLOBAL
BONE DENSITOMETER MARKET – REGIONAL OUTLOOK
6.1. NORTH
AMERICA
6.1.1. MARKET
BY TECHNOLOGY
6.1.2. MARKET
BY END-USERS
6.1.3. MARKET
BY APPLICATION
6.1.4. COUNTRY
ANALYSIS
6.1.4.1. UNITED
STATES
6.1.4.2. CANADA
6.2. EUROPE
6.2.1. MARKET
BY TECHNOLOGY
6.2.2. MARKET
BY END-USERS
6.2.3. MARKET
BY APPLICATION
6.2.4. COUNTRY
ANALYSIS
6.2.4.1. GERMANY
6.2.4.2. FRANCE
6.2.4.3. THE
UNITED KINGDOM
6.2.4.4. ITALY
6.2.4.5. SPAIN
6.2.4.6. REST
OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET
BY TECHNOLOGY
6.3.2. MARKET
BY END-USERS
6.3.3. MARKET
BY APPLICATION
6.3.4. COUNTRY
ANALYSIS
6.3.4.1. CHINA
6.3.4.2. JAPAN
6.3.4.3. INDIA
6.3.4.4. AUSTRALIA
& NEW ZEALAND
6.3.4.5. SOUTH
KOREA
6.3.4.6. ASEAN
COUNTRIES
6.3.4.7. REST
OF ASIA-PACIFIC
6.4. LATIN
AMERICA
6.4.1. MARKET
BY TECHNOLOGY
6.4.2. MARKET
BY END-USERS
6.4.3. MARKET
BY APPLICATION
6.4.4. COUNTRY
ANALYSIS
6.4.4.1. BRAZIL
6.4.4.2. MEXICO
6.4.4.3. REST
OF LATIN AMERICA
6.5. MIDDLE
EAST AND AFRICA
6.5.1. MARKET
BY TECHNOLOGY
6.5.2. MARKET
BY END-USERS
6.5.3. MARKET
BY APPLICATION
6.5.4. COUNTRY
ANALYSIS
6.5.4.1. SAUDI
ARABIA
6.5.4.2. UNITED
ARAB EMIRATES
6.5.4.3. TURKEY
6.5.4.4. SOUTH
AFRICA
6.5.4.5. REST
OF MIDDLE EAST & AFRICA
7. COMPETITIVE
LANDSCAPE
7.1. GE
HEALTHCARE
7.2. HOLOGIC
INC
7.3. DIAGNOSTIC
MEDICAL SYSTEM GROUP
7.4. BEAMMED
LTD
7.5. ECHOLIGHT
SPA
7.6. MEDILINK
7.7. SWISSRAY
GLOBAL HEALTHCARE HOLDING LTD
7.8. OSI
SYSTEMS INC
7.9. SCANFLEX
HEALTHCARE AB
7.10. MEDONICA
CO LTD
7.11. OSTEOMETER
MEDITECH INC
7.12. EUROTEC
SYSTEMS SRL
7.13. L
ACN L ACCESSORIO NUCLEARE SRL
7.14. OSCAR
MEDICAL OY
7.15. TRIVITRON
HEALTHCARE
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL BONE
DENSITOMETER MARKET, BY GEOGRAPHY, 2022-2028 (IN $ MILLION)
TABLE 2: COUNTRIES WITH
THE LARGEST PERCENTAGE OF OLDER ADULTS, 2019
TABLE 3: VENDOR
SCORECARD
TABLE 4: LIST OF
ACQUISITIONS
TABLE 5: LIST OF
PARTNERSHIPS
TABLE 6: GLOBAL BONE
DENSITOMETER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 7: GLOBAL BONE
DENSITOMETER MARKET, BY END-USERS, 2022-2028 (IN $ MILLION)
TABLE 8: GLOBAL BONE
DENSITOMETER MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 9: GLOBAL BONE
DENSITOMETER MARKET, BY GEOGRAPHY, 2022-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA
BONE DENSITOMETER MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 11: NORTH AMERICA
BONE DENSITOMETER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA
BONE DENSITOMETER MARKET, BY END-USERS, 2022-2028 (IN $ MILLION)
TABLE 13: NORTH AMERICA
BONE DENSITOMETER MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 14: EUROPE BONE
DENSITOMETER MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 15: EUROPE BONE
DENSITOMETER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 16: EUROPE BONE
DENSITOMETER MARKET, BY END-USERS, 2022-2028 (IN $ MILLION)
TABLE 17: EUROPE BONE
DENSITOMETER MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 18: ASIA-PACIFIC
BONE DENSITOMETER MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 19: ASIA-PACIFIC
BONE DENSITOMETER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 20: ASIA-PACIFIC
BONE DENSITOMETER MARKET, BY END-USERS, 2022-2028 (IN $ MILLION)
TABLE 21: ASIA-PACIFIC
BONE DENSITOMETER MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 22: LATIN AMERICA
BONE DENSITOMETER MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 23: LATIN AMERICA
BONE DENSITOMETER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 24: LATIN AMERICA
BONE DENSITOMETER MARKET, BY END-USERS, 2022-2028 (IN $ MILLION)
TABLE 25: LATIN AMERICA
BONE DENSITOMETER MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 26: MIDDLE EAST
AND AFRICA BONE DENSITOMETER MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 27: MIDDLE EAST
AND AFRICA BONE DENSITOMETER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 28: MIDDLE EAST
AND AFRICA BONE DENSITOMETER MARKET, BY END-USERS, 2022-2028 (IN $ MILLION)
TABLE 29: MIDDLE EAST
AND AFRICA BONE DENSITOMETER MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
FIGURE 1: PERCENTAGE OF
GERIATRIC POPULATION ACROSS WORLD, 2000-2040 (IN %)
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY
COMPONENTS
FIGURE 4: GLOBAL BONE
DENSITOMETER MARKET, TECHNOLOGY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 5: GLOBAL BONE
DENSITOMETER MARKET, BY AXIAL BONE DENSITOMETRY, 2022-2028 (IN $ MILLION)
FIGURE 6: GLOBAL BONE
DENSITOMETER MARKET, BY PERIPHERAL BONE DENSITOMETRY, 2022-2028 (IN $ MILLION)
FIGURE 7: GLOBAL BONE
DENSITOMETER MARKET, END-USERS OUTLOOK, 2021 & 2028 (IN %)
FIGURE 8: GLOBAL BONE
DENSITOMETER MARKET, BY HOSPITAL, 2022-2028 (IN $ MILLION)
FIGURE 9: GLOBAL BONE
DENSITOMETER MARKET, BY SPECIALTY CLINICS, 2022-2028 (IN $ MILLION)
FIGURE 10: GLOBAL BONE
DENSITOMETER MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)
FIGURE 11: GLOBAL BONE
DENSITOMETER MARKET, APPLICATION OUTLOOK, 2021 & 2028 (IN %)
FIGURE 12: GLOBAL BONE
DENSITOMETER MARKET, BY OSTEOPOROSIS AND OSTEOPENIA, 2022-2028 (IN $ MILLION)
FIGURE 13: GLOBAL BONE
DENSITOMETER MARKET, BY CYSTIC FIBROSIS, 2022-2028 (IN $ MILLION)
FIGURE 14: GLOBAL BONE
DENSITOMETER MARKET, BY RHEUMATOID ARTHRITIS, 2022-2028 (IN $ MILLION)
FIGURE 15: GLOBAL BONE
DENSITOMETER MARKET, BY BODY COMPOSITION MEASUREMENT, 2022-2028 (IN $ MILLION)
FIGURE 16: GLOBAL BONE
DENSITOMETER MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 17: UNITED
STATES BONE DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 18: CANADA BONE
DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 19: GERMANY BONE
DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 20: FRANCE BONE
DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 21: THE UNITED
KINGDOM BONE DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 22: ITALY BONE
DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 23: SPAIN BONE
DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 24: REST OF
EUROPE BONE DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: CHINA BONE
DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: JAPAN BONE
DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: INDIA BONE
DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: AUSTRALIA
& NEW ZEALAND BONE DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: SOUTH KOREA
BONE DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 30: ASEAN
COUNTRIES BONE DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 31: REST OF
ASIA-PACIFIC BONE DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 32: BRAZIL BONE
DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: MEXICO BONE
DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: REST OF
LATIN AMERICA BONE DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 35: SAUDI ARABIA
BONE DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 36: UNITED ARAB
EMIRATES BONE DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 37: TURKEY BONE
DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 38: SOUTH AFRICA
BONE DENSITOMETER MARKET 2022-2028 (IN $ MILLION)
FIGURE 39: REST OF
MIDDLE EAST & AFRICA BONE DENSITOMETER MARKET 2022-2028 (IN $ MILLION)