GLOBAL BONE DENSITOMETER MARKET 2022-2028

Lifesciences | Medical Devices & Consumables

GLOBAL BONE DENSITOMETER MARKET 2022-2028

Market by Technology, End-users, Application, and Regional Outlook | Forecast 2022-2028

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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.



Click here to check out our blog on the Global Bone Densitometer Market

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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Table of Content

1. 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

List of Tables

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)

List of Figures

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)

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