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13-Sep-2023

Strategic Advancements in Osteoporosis Care: FMI’s Exploration of the US$ 1.7 Billion Bone Densitometers Market Projected by 2032

Modern advances in medical imaging technology have been essential in improving healthcare outcomes in a time when the significance of early detection and prevention of chronic diseases is generally acknowledged. Bone densitometry, which permits the diagnosis and monitoring of bone health, is one such area that has shown substantial development. Bone Densitometers Market are crucial in determining bone mineral density (BMD) and spotting diseases like osteoporosis, allowing for prompt treatment and lowering the risk of fractures.

This article explores the market for bone densitometers as it changes, highlighting the major advancements, advantages, and difficulties of this ground-breaking diagnostic device. BMD is measured by bone densitometry, also referred to as dual-energy X-ray absorptiometry (DXA), which is a non-invasive method. It helps in the diagnosis of disorders like osteoporosis and osteopenia and offers insightful information on bone density. The hip and spine are frequently the sites of DXA scans since they are the most frequently fractured bones due to insufficient bone density. DXA scan data assist medical practitioners in determining fracture risk, tracking the development of disease, and assessing the effectiveness of treatment.

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From 2022 to 2032, the Bone Densitometers Market is anticipated to grow at a CAGR of 7.2%. Bone densitometer sales are anticipated to increase from US$1.12 billion in 2022 to about US$ 1.7 billion by 2032.

Bone Densitometers Market Outlook:

The market for bone densitometers is anticipated to expand significantly and have a promising future. A common method for determining bone mineral density (BMD) is bone densitometry, sometimes referred to as dual-energy X-ray absorptiometry (DXA). It is essential for the diagnosis and treatment of a number of bone-related diseases, including osteoporosis and osteopenia.

Here are some key factors contributing to the positive outlook of the bone densitometers market:

  • Growing prevalence of osteoporosis: Osteoporosis is a common age-related bone disease characterized by low bone density and increased risk of fractures. With the aging global population, the prevalence of osteoporosis is increasing, driving the demand for bone densitometry for early detection, diagnosis, and monitoring of the condition.
  • Rising awareness and screening initiatives: Increasing awareness about osteoporosis and the importance of early detection has led to the implementation of various screening programs and initiatives by healthcare organizations and governments worldwide. These initiatives aim to promote bone health and reduce the burden of osteoporotic fractures, thereby boosting the demand for bone densitometers.
  • Technological advancements: The bone densitometry field has witnessed significant technological advancements, leading to the development of advanced and more accurate devices. Newer bone densitometers offer improved precision, better imaging quality, and enhanced patient comfort, making them more appealing to healthcare professionals and patients.
  • Growing geriatric population: The global geriatric population is expanding rapidly, primarily due to increased life expectancy. Older adults are more prone to bone-related disorders, including osteoporosis. As a result, the growing geriatric population is expected to drive the demand for bone densitometry.

Overall, the bone densitometers market is expected to grow at a steady pace in the coming years, driven by factors such as the rising prevalence of osteoporosis, increasing awareness, technological advancements, and the growing geriatric population. However, market dynamics can be influenced by factors such as reimbursement policies, regulatory constraints, and competition among market players.

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Competitive Analysis

By Prominent Market Players

  • BeamMed Ltd.
  • CompuMed Inc.
  • Hologic Inc.
  • GE Healthcare
  • DMS Group

Bone Densitometers Market: Segmentation:

Detailed analysis on the geographical region and country wise insights are offered in the latest Bone Densitometers Market report with established Market players as well as incumbents in the region.

By Technology:

  • Axial Bone Densitometry
    • Dual Energy X-Ray Absorptiometry
    • Quantitative Computed Tomography
  • Peripheral Bone Densitometry
    • Single Energy X-Ray Absorptiometry
    • Dual Energy X-Ray Absorptiometry
    • Radiographic Absorptiometry
    • Quantitative Ultrasound
    • Peripheral Quantitative Computed Tomography

By End Use:

  • Hospitals
  • Clinics
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Last Updated: 13-Sep-2023