Global Bone Densitometer Market

1. Global bone densitometer Market Is Thriving Amid the Pandemic: Projected to Reach USD 356.2 Million By 2027 Global Bone Densitometer Market- Industry Trends & Forecast Report 2027 View report Sample report Press release Summary Global Bone Densitometer Market, By Type (Dual-Energy X-Ray Absorptiometry Scanners, Peripheral Bone Densitometers), By Application (Osteoporosis & Osteopenia Diagnosis, Chronic Kidney Disease Diagnosis, Cystic Fibrosis Diagnosis, Rheumatoid Arthritis Diagnosis, Body Composition Measurement), By End-User (Hospitals & Specialty Clinics, Diagnostic & Imaging Centers, Other End- Users), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027. A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global bone densitometer market was worth USD 259.3 million in the year 2020. The market is estimated to grow at a CAGR of 4.8%, earning revenue of around USD 356.2 million by the end of 2027. The growth of the global bone densitometer market can be attributed to factors such as the increasing geriatric and obese population, as well as the increasing population of post-menopausal women. Menopause, defined as the natural termination of menstrual cycles in women between the ages of 45 and 55, can raise the risk of osteoporosis, a condition in which bones become fragile and susceptible to fractures. The rising need for bone densitometers is due to this demographic's increased risk of bone-related ailments.

2. Global bone densitometer Market Is Thriving Amid the Pandemic: Projected to Reach USD 356.2 Million By 2027 Global Bone Densitometer Market- Industry Trends & Forecast Report 2027 The global bone densitometer market was worth USD 259.3 million in 2020 and is further projected to reach USD 356.2 million by the year 2027, growing at the CAGR of 4.8% in the forecast period. With the rising prevalence of osteoporosis and the increasing geriatric and obese population, the need for bone density checkups is also rising. As a result, the demand for bone densitometer market is surging rapidly in the hospitals and other healthcare facilities propelling the overall market growth. Global Bone Densitometer Market- Overview A bone densitometer is a device which is an extended form of x-ray technology and is primarily used for measuring bone density. This device is primarily used to diagnose and track osteoporosis, a serious bone disease. This method measures bone mineral density to identify a fracture site with a lower mass than normal. Moreover, Bone densitometers are highly accurate and precise, which is why they are popular in healthcare facilities for various applications, such as detecting fracture risk and monitoring bone loss. Global Bone Densitometer Market Forecast and Trends Growth Drivers Rising Prevalence of Osteoporosis Increased prevalence of osteoporosis among older adults or post-menopausal women is significantly influencing the global market for bone densitometers. Because the bones are so weak, even a minor shock-like cough can cause a fracture, and most often there are no symptoms at all. As a result, regular health check-up of bone to assess its density is often recommended. It has been estimated that more than 200 million people worldwide suffer from osteoporosis. Because of this factor, the global bone densitometer market is projected to gain significant traction period. in the forecast Technological Advancements in The Bone Densitometer The innovation of bone densitometers for assessing bone density has assisted significantly in the diagnosis and monitoring of osteoporosis and the overall bone imaging field. The further developments in the bone densitometer have also expanded its capabilities in determining the differences in body minerals, fat tissue, and lean tissue, due to which its popularity and demand as a body composition tool has surged. The advancements from the pencil beam densitometers to the latest narrow fan beam densitometers are now offering faster scan time and better resolution. Restraints High Cost of Bone Densitometer

3. Global bone densitometer Market Is Thriving Amid the Pandemic: Projected to Reach USD 356.2 Million By 2027 A bone densitometer of high-quality costs around USD 30,000. The high cost of bone densitometers may become a reason for hampering the growth of the market. The non-availability of sufficient reimbursement policies further restricts the market because of which many healthcare facilities resort to leasing or refurbished bone densitometers, which in turn affects the market revenue of the device manufacturers negatively. Furthermore, limited awareness regarding this device and its use, especially in developing countries further hampers the market growth. Impact of COVID-19 on Global Bone Densitometer Market COVID-19 and the pandemic situation affected the entire healthcare system in positive and negative ways. COVID-19 has had a severe impact on the global bone densitometer market. The number of DXA examinations declined significantly after the countries imposed a nationwide lockdown to curb the spread of the virus. The hospital facilities also set up certain social-distancing guidelines to ensure the safety of the patients and the staff. Furthermore, the outpatient activities were mostly on hold to ensure that the healthcare professionals were available exclusively for the COVID-19 patients. According to estimates, the revival of the bone densitometer market will be a slow process in the post-COVID-19 period. Global Bone Densitometer Market - By Type Based on type, the global bone densitometer market is categorized into dual- energy x-ray absorptiometry scanners and peripheral bone densitometers. The dual-energy x-ray absorptiometry segment accounts for the largest market share. This type of scanner is used for measuring bone mineral density using spectral imaging. This scanner is primarily used for osteoporosis tests. That is why its demand is very high in hospitals and other healthcare facilities. Furthermore, since the results garnered by the dual-energy x-ray absorptiometry scanners are highly accurate, the demand for this segment is rising significantly. Global Bone Densitometer Market - By Application Based on application, the global bone densitometer market is segmented into osteoporosis & osteopenia diagnosis, chronic kidney disease diagnosis, cystic fibrosis diagnosis, rheumatoid arthritis diagnosis, and body composition measurement. Among these, the bone densitometer is increasingly used for the diagnosis of osteoporosis. Therefore, the osteoporosis & osteopenia diagnosis segment dominates this market. It has been estimated that more than 200 million people suffering from osteoporosis worldwide. With healthcare facilities becoming more accessible to everyone, this segment is projected to flourish in the forecast period with a high CAGR. Global Bone Densitometer Market - By End-User Based on end-users, the global bone densitometer market is categorized into hospitals & specialty clinics, diagnostic & imaging centers, and other end users. The hospital segment accounts for the largest market share in terms of demand for bone densitometers. As a result of patient admission in the hospitals for osteoporosis diagnosis and treatment, bone density measuring instruments are in high demand. Another factor contributing to the growth of the global bone

4. Global bone densitometer Market Is Thriving Amid the Pandemic: Projected to Reach USD 356.2 Million By 2027 densitometer market is the increasing number of hospitals and other healthcare infrastructure in emerging economies. Global Bone Densitometer Market - Regional Insights Geographically, the global bone densitometer market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among these, North America dominates the market because of the various R & D activities performed by major industry players. The stringent medical rules and regulations by the governments of countries like the US and Canada to maintain quality healthcare services further support the market growth. Furthermore, the rising prevalence of osteoporosis due to the increasing geriatric population in this region further supports the flourishing demand for bone densitometers. Competitive Landscape The leading market players of the global bone densitometer market are Quest Diagnostics, GE Healthcare, CompuMed, Inc., Hologic Inc., Osteometer MediTech, BeamMed Ltd., MEDILINK, Xingaoyi Co., Ltd., Swissray Global Healthcare Holding, Ltd., Yozma Bmtech Co., Ltd., L’acn L’accessorio Nucleare S.R.L, Nanoomtech Co., Ltd., Xianyang Kanrota Digital Ultrasound System, Co., Ltd., Diagnostic Medical Systems Group, OSI Systems, Inc., and other prominent players. The market is filled with several industry participants and is considered dense for the new entrants. To stay competitive, market players engage in R&D activities to advance their products and engage in product approvals and launches. Furthermore, the adoption of competitive strategies like partnerships, mergers & acquisitions, and joint ventures is also very prominent in this market. Recent Development lIn February 2021, Ecolight Medical, an Italian medical equipment manufacturer, joined the National Osteoporosis Foundation’s (NOF) Corporate Advisory Roundtable to take initiatives focusing on bone health and patient access to osteoporosis information and medical care. lIn June 2021, Seattle-based high-tech Biomed company Ecolight Medical LLC announced the launch of the first portable, radiation-free bone density (BREMS) meter that will provide patients with bone health scores (including an assessment of bone microarchitecture) and an assessment of future fracture risk within minutes of examination. Scope of the Report Attributes Details Historical data – 2017-2020 Years Considered Base Year – 2020 Forecast – 2021 – 2027

5. Global bone densitometer Market Is Thriving Amid the Pandemic: Projected to Reach USD 356.2 Million By 2027 Facts Covered Revenue in USD Million Market Coverage North America, Europe, the Asia-Pacific, Latin America, and the Middle East and Africa By Type, By Application, By End User, By Region Product Service/Segmentation Quest Diagnostics, GE Healthcare, CompuMed, Inc., Hologic Inc., Osteometer MediTech, BeamMed Ltd., MEDILINK, DMS Imaging, Swissray International, Inc., Lone Oak Medical Technologies LLC, Xingaoyi Co., Ltd., Swissray Global Healthcare Holding, Ltd., Eurotec Medical Systems S.R.L., Yozma Bmtech Co., Ltd., L’acn L’accessorio Nucleare S.R.L, Nanoomtech Co., Ltd., Xianyang Kanrota Digital Ultrasound System, Co., Ltd., Diagnostic Medical Systems Group, OSI Systems, Inc., and other prominent players. Key Players By Type ØDual-Energy X-Ray Absorptiometry Scanners ØPeripheral Bone Densitometers Quantitative Ultrasound Scanners Radiographic Absorptiometry Scanners By Application ØOsteoporosis & Osteopenia Diagnosis ØChronic Kidney Disease Diagnosis ØCystic Fibrosis Diagnosis ØRheumatoid Arthritis Diagnosis ØBody Composition Measurement By End User ØHospitals & Specialty Clinics ØDiagnostic & Imaging Centers ØOther End Users By Region ØNorth America ØEurope

6. Global bone densitometer Market Is Thriving Amid the Pandemic: Projected to Reach USD 356.2 Million By 2027 ØAsia-Pacific (APAC) ØLatin America (LATAM) ØMiddle-East & Africa (MEA) 1. What is the current size of the global bone densitometer market? Answer: The global bone densitometer market reached USD 259.3 million in 2020. 2. What are the major factors driving the growth of the global bone densitometer market? Answer: The major factors driving the growth of the global bone densitometer market are the rising prevalence of osteoporosis and technological advancements in the bone densitometer. 3. Who are the key players in the global bone densitometer market? Answer: The key players in the global bone densitometer market are: Quest Diagnostics, GE Healthcare, CompuMed, Inc., Hologic Inc., Osteometer MediTech, BeamMed Ltd., MEDILINK, DMS Imaging, Swissray International, Inc., Lone Oak Medical Technologies LLC, Xingaoyi Co., Ltd., Swissray Global Healthcare Holding, Ltd., Eurotec Medical Systems S.R.L., Yozma Bmtech Co., Ltd., L’acn L’accessorio Nucleare S.R.L, Nanoomtech Co., Ltd., Xianyang Kanrota Digital Ultrasound System, Co., Ltd., Diagnostic Medical Systems Group, OSI Systems, Inc., and other prominent players. 4. Which end-user segment accounted for the largest share in the global bone densitometer market? Answer: The hospitals & specialty clinics segment accounted for the largest share in the global bone densitometer market. 5. Which region is at the highest growth rate in the global bone densitometer market? Answer: North America has the largest share in the global bone densitometer market.

7. Global bone densitometer Market Is Thriving Amid the Pandemic: Projected to Reach USD 356.2 Million By 2027 About us Blueweave Consulting offers a one-stop solution for your market intelligence needs for any service or product. You get well-researched comprehensive reports based on qualitative and quantitative data to put your business plan into action. Your well informed and timely decisions using our reports avert situations of excessive risks and help you grow your business with optimum risk-return trade- off. Delivering quality insights into several product or service markets within the timeline as per the needs of the clients has earned BWC an excellent reputation among clients. BWC strives to provide timely and accurate digital market intelligence services for making your business endeavours successful. For more information, kindly visit our Website www.blueweaveconsulting.com contact us info@blueweaveconsulting.com

8. Global bone densitometer Market Is Thriving Amid the Pandemic: Projected to Reach USD 356.2 Million By 2027