Bone Densitometers Market
Global Bone Densitometer Market Size, Share & Trends Analysis Report By Type (DEXA and Ultrasound), By Technology (Axial Bone Densitometry and Peripheral Bone Densitometry), By Application (Osteoporosis and Osteopenia Diagnosis, Cystic Fibrosis Diagnosis, Body Composition Measurement, and Rheumatoid Arthritis Diagnosis), and By End-User (Hospitals & Specialty Clinics, Diagnostics & Imaging, and Others) Forecast Period 2021-2027 Update Available - Forecast 2024-2030
The global bone densitometer market is growing at a CAGR of 4.9% during the forecast period (2021-2027). The major factors that are contributing to the growth of the market include the rise in the geriatric population across the globe and the increasing prevalence of osteoporosis in post-menopausal women. For instance, according to the Centers for Disease Control and Prevention, in 2018, the men with age 50 or above with osteoporosis of the femur neck or lumbar spine was 4.2% and women with age 50 or above with osteoporosis of the femur neck or lumbar spine was 18.8% recorded in the US. Moreover, an increase in the pool of patients with deficiency of vitamin D and patients suffering from arthritis is also accounted as the drivers for the bone densitometer market growth.
The rise in bone weakness is also due to an increase in the prevalence of diabetes patients across the globe as increased blood sugar levels inhibit bone-forming cells from building strong bones. Several government organizations work for the assessment of osteoporosis, For instance, according to the International Osteoporosis Foundation, 740,000 people lose their lives following hip fractures every year. However, the high cost of bone densitometers and the risk associated with them are some of the constraints that are expected to hinder the growth of the market. In addition to this, an increase in awareness among people for the early diagnosis, technological advancements in bone densitometers, and launches of several initiatives are developing numerous growth opportunities for the global bone densitometer market during the forecast period.
Impact of COVID-19 on Bone Densitometer Market
The global bone densitometers market is hardly hit by the COVID-19 pandemic since December 2019. The outbreak of COVID-19 in these major economies had led to the closure of several institutions operating in this sector across the globe. For instance, according to the reports of the European Society for Clinical and Economic Aspects of Osteoporosis, Osteoarthritis, and Musculoskeletal Diseases (ESCEO), 21% of institutions were only open for emergency visits amid lockdown. The market will witness “W” shape recovery in near future owing to the restart of key industries in major economies.
Segmental Outlook
The market is segmented based on type, technology, application, and end-user. Based on the type segment, the market is segmented into DEXA and ultrasound. Based on the technology segment, the market is segmented into axial bone densitometry and peripheral bone densitometry. Based on the application segment, the market is classified into osteoporosis and osteopenia diagnosis, cystic fibrosis diagnosis, body composition measurement, and rheumatoid arthritis diagnosis. Among these, the osteoporosis & osteopenia diagnostic segment is predicted to grow at the highest CAGR during the forecast period due to the subsequent increase in the prevalence of osteoporosis, the increasing risk of osteoporosis in menopausal women, and the growing global incidence of fragility fractures. Further, based on the end-user segment, the market is distributed into hospitals & speciality clinics, diagnostics and imaging centers, and others
Global Bone Densitometer Market Share by End-User, 2020 (%)
Hospitals & Specialty Clinic Segment to Hold a considerable Share in the Global Bone Densitometer market
Amongst the end-user industry segment of the global bone densitometer market, the hospitals & specialty clinics segment is projected to have significant share in the global bone densitometer market. The major factors contributing to the growth of the market in this sector include the majority of the scans are performed in hospitals due to high infrastructural development and also due to monitoring of certain chronic diseases. The major players that operate their products in this segment include GE Healthcare, Hologic, Inc., Trivitron Healthcare, and Echolight S.p.a.
Apart from this, the DEXA or DXA (dual-energy x-ray absorptiometry) were also estimated to have a significant contribution in the type segment. These devices can scan even tiny reduction in bone density and due to the innovations in technologies, it has further led to the diagnosis in the early stages thereby give accurate results. These devices use a low dose of radiation which therefore has less risk associated with it. However, these equipment are expensive and require skilled radiology personnel to operate which can be a market constraint for an undeveloped economy.
Regional Outlooks
The global bone densitometers market is analyzed based on the geographical regions that are contributing significantly to the growth of the market. Based on the geography, the market is bifurcated into North America, Europe, Asia Pacific, and the Rest of the World. North America is estimated to have one of the major shares in the bone densitometer market. The presence of prominent players in the region to improve their R&D capabilities, and high-skilled personals for the respective operations are some of the factors contributing to the growth of the market in North America.
Global Bone Densitometer Market Growth, by Region 2021-2027
Asia-Pacific is projected to highest Contributor to the growth of the Global Bone Densitometer market
Asia-Pacific is anticipated to be the fastest-growing region in the global bone densitometer market. In the region, China, South Korea, Japan, Singapore, and India are showing rapid progress. This can be attributed to the growing awareness among people in emerging economies, and improvement in healthcare infrastructure in the forecast period. According to the reports of the Population Reference Bureau, as of May 2020, Japan had the highest old age population across the globe with 28.2% of the population having age more than 65 years. This is expected to increase the growth of the market due to the high prevalence of osteoporosis in elder people.
Market Players Outlook
Key players of the bone densitometer market include GE Healthcare, Hologic, Inc., Echolight S.p.a., BeamMed Ltd., Swissray International, Inc., Diagnostic Medical Systems Group, and CompuMed, Inc, among others. To survive in the market these players adopt different marketing strategies such as a merger, acquisitions, product launch, and geographical expansion so on. For instance, in March 2017, DMS Group and FUJIFILM Europe signed two commercial and industrial agreements in medical imaging and bone densitometry. The two companies worked under the brand name “Visionary”, for the bone densitometry solutions which were designed and developed by DMS Imaging.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global bone densitometers market based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Bone Densitometers Industry
• Recovery Scenario of Global Bone Densitometers Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. BeamMed Ltd.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. General Electric Co.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. DMS Group
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. EcholightS.p.a.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Hologic, Inc.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on key players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Bone Densitometers Market By Type
5.1.1. DEXA
5.1.2. Ultrasound
5.2. Global Bone Densitometers Market By Technology
5.2.1. Axial Bone Densitometry
5.2.2. Peripheral Bone Densitometry
5.3. Global Bone Densitometers Market By Application
5.3.1. Osteoporosis and Osteopenia Diagnosis
5.3.2. Cystic Fibrosis Diagnosis
5.3.3. Body Composition Measurement
5.3.4. Rheumatoid Arthritis Diagnosis
5.4. Global Bone Densitometers Market By End-Users
5.4.1. Hospitals& Specialty Clinics
5.4.2. Diagnostics & Imaging Centers
5.4.3. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. BeamMed Ltd.
7.2. Diagnostic Medical Systems Group
7.3. General Electric Co.
7.4. Hologic, Inc.
7.5. EcholightS.p.a.
7.6. Aarna Systems and Wellness Pvt.Ltd.
7.7. AMPIOL Co., Ltd.
7.8. CompuMed, Inc.
7.9. CyberLogic, Inc.
7.10. Demetech AB.
7.11. Eurotec Medical Systems s.r.l.
7.12. L'acn - L'accessorioNucleares.r.l.
7.13. Medonica Co. LTD
7.14. MedWrench, LLC
7.15. Oscare Medical Oy
7.16. OSI Systems, Inc.
7.17. Quest Diagnostics
7.18. Shenzhen Xray Electric Co., Ltd.
7.19. Swissray International, Inc.
7.20. Tecnicare Healthcare Co.
7.21. Trivitron Healthcare
1. GLOBAL BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS, 2020-2027 ($ MILLION)
2. GLOBAL BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
3. GLOBAL DEXA BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL ULTRASOUND BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
6. GLOBAL AXIAL BONE DENSITOMETRY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL PERIPHERAL BONE DENSITOMETRY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
9. GLOBAL BONE DENSITOMETERS IN OSTEOPOROSIS & OSTEOPENIA DIAGNOSIS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL BONE DENSITOMETERS IN CYSTIC FIBROSIS DIAGNOSIS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL BONE DENSITOMETERS IN BODY COMPOSITION MEASUREMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL BONE DENSITOMETERS IN RHEUMATOID ARTHRITIS DIAGNOSIS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL BONE DENSITOMETERS IN OTHERS APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
15. GLOBAL BONE DENSITOMETERS IN HOSPITALS & SPECIALTY CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL BONE DENSITOMETERS IN DIAGNOSTICS AND IMAGING CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
17. GLOBAL BONE DENSITOMETERS IN OTHERS END-USER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
18. GLOBAL BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
19. NORTH AMERICAN BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. NORTH AMERICA BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
21. NORTH AMERICAN BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
22. NORTH AMERICAN BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
23. NORTH AMERICAN BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
24. EUROPEAN BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
25. EUROPEAN BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
26. EUROPEAN BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
27. EUROPEAN BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
28. EUROPEAN BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
29. ASIA-PACIFIC BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
30. ASIA-PACIFIC BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
31. ASIA-PACIFIC BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
32. ASIA-PACIFIC BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
33. ASIA-PACIFIC BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
34. REST OF THE WORLD BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
35. REST OF THE WORLD BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
36. REST OF THE WORLD BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
37. REST OF THE WORLD BONE DENSITOMETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL BONE DENSITOMETERS MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL BONE DENSITOMETERS MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL BONE DENSITOMETERS MARKET, 2021-2027 (%)
4. GLOBAL BONE DENSITOMETERS MARKET SHARE BY TYPE, 2020 VS 2027 (%)
5. GLOBAL BONE DENSITOMETERS MARKET SHARE BY TECHNOLOGY, 2020 VS 2027 (%)
6. GLOBAL BONE DENSITOMETERS MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
7. GLOBAL BONE DENSITOMETERS MARKET SHARE BY END-USER, 2020 VS 2027 (%)
8. GLOBAL BONE DENSITOMETERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL DEXA FOR BONE DENSITOMETERS MARKET SHARE BY REGION, 2020 VS 2027(%)
10. GLOBAL ULTRASOUND BONE DENSITOMETERS MARKET SHARE BY REGION, 2020 VS 2027(%)
11. GLOBAL AXIAL BONE DENSITOMETRY MARKET SHARE BY REGION, 2020 VS 2027(%)
12. GLOBAL PERIPHERAL BONE DENSITOMETRY MARKET SHARE BY REGION, 2020 VS 2027(%)
13. GLOBAL BONE DENSITOMETERS IN OSTEOPOROSIS & OSTEOPENIA DIAGNOSIS MARKET SHARE BY REGION, 2020 VS 2027(%)
14. GLOBAL BONE DENSITOMETERS IN CYSTIC FIBROSIS DIAGNOSIS MARKET SHARE BY REGION, 2020 VS 2027(%)
15. GLOBAL BONE DENSITOMETERS IN BODY COMPOSITION MEASUREMENT MARKET SHARE BY REGION, 2020 VS 2027(%)
16. GLOBAL BONE DENSITOMETERS IN RHEUMATOID ARTHRITIS DIAGNOSIS MARKET SHARE BY REGION, 2020 VS 2027(%)
17. GLOBAL BONE DENSITOMETERS IN OTHERS APPLICATION MARKET SHARE BY REGION, 2020 VS 2027(%)
18. GLOBAL BONE DENSITOMETERS IN HOSPITALS & SPECIALTY CLINICS MARKET SHARE BY REGION, 2020 VS 2027(%)
19. GLOBAL BONE DENSITOMETERS IN DIAGNOSTICS AND IMAGING CENTERS MARKET SHARE BY REGION, 2020 VS 2027(%)
20. GLOBAL BONE DENSITOMETERS IN OTHERS END-USER MARKET SHARE BY REGION, 2020 VS 2027(%)
21. US BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
22. CANADA BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
23. UK BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
24. FRANCE BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
25. GERMANY BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
26. ITALY BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
27. SPAIN BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
28. ROE BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
29. INDIA BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
30. CHINA BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
31. JAPAN BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
32. SOUTH KOREA BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
33. REST OF ASIA-PACIFIC BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
34. REST OF THE WORLD BONE DENSITOMETERS MARKET SIZE, 2020-2027 ($ MILLION)
