Bone densitometry is a test like an X-ray that quickly and accurately measures the density of bone. It is used primarily to detect osteopenia or osteoporosis, diseases in which the bone's mineral and density are low and the risk of fractures is increased. The global Bone Densitometers market is expected to rise at a significant rate in the forthcoming years. Several factors such as the increasing number of patients suffering from arthritis and vitamin D deficiency and the rise in the old age population across the world are majorly contributing to the Bone Densitometers market’s growth considerably.
Furthermore, the increasing incidence of osteoporosis in postmenopausal women is also supporting to the growth of the Bone Densitometers market remarkably. Moreover, other factors such as the arrival of portable devices and the increasing awareness among consumers regarding the early diagnosis of diseases are expected to boost the worldwide market for bone densitometers in the coming years.
On the other hand, factors such as the high cost of bone densitometers and low awareness are expected to hamper the growth of this market. Besides this, the technological advancements in bone densitometers and the increasing availability and recognition of these devices in developing countries, such as China, Japan, and India, are estimated to create several growth opportunities for market players in the future.
Covid-19 Impact on Bone Densitometers Market:
In addition, the current Bone Densitometers Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Bone Densitometers Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Bone Densitometers Market Segment Overview
Based on technology, the Dual Energy X-Ray Absorptiometry segment accounted for the largest share of the bone densitometers market. This is attributed to the advantages of DXA scanners over peripheral bone densitometers. Moreover, results obtained from DXA scanners can be interpreted using WHO scores for greater accuracy, which accounts for their high use.
Moreover, hospitals, specialty clinics, and diagnostic centers are the major end-users of bone densitometers across the globe. They contribute more than 60% overall revenue generated in this market. Hospitals are estimated to be an important hub for bone densitometry diagnostics and devices. Moreover, the Diagnostics Centers segment is expected to rise at significant rate in the forthcoming years. This is due to the availability of several medical facilities and well-equipped infrastructure in these centers.
Bone Densitometers Market, 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
· Hospitals
· Diagnostics Centers
· Specialty Clinics
Bone Densitometers Market Regional Overview
Region-wise, North America dominated the global Bone Densitometers market. This is due to favorable reimbursement policies for the diagnosis of osteoporosis in this region. Similarly, Europe is another prominent region for bone densitometers. This can be mainly attributed to the growing awareness among people regarding the benefits of early detection of bone-related diseases. Additionally, Asia Pacific is expected to be the most attractive market during the forecast period. Developing Asian countries such as China and India are expected to offer profitable growth opportunities to players in the coming years owing to the improving health care infrastructure and the progressions in diagnostic technologies in this region. In addition to this, Japan is the topmost country for bone densitometers in the Asia Pacific, due to the easy availability of DEXA machines.
Bone Densitometers Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Bone Densitometers Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Bone Densitometers are highlighted below.
· In May 2019, Hologic, Inc. announced that it has signed an agreement with DEXA+ to distribute Hologic’s Horizon® DXA system for body composition measurement.
Bone Densitometers Market, Key Players
· GE Healthcare
· Hologic Inc.
· Beammed
· Swissray International Inc.
· Osteosys Co. Ltd.
· Diagnostic Medical System SA
· Medonica Co. Ltd.
· Osteometer Meditech
· Lone Oak Medical Technologies LLC
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Bone Densitometers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Technology
- 5.2.1. Axial Bone Densitometry
- 5.2.1.1. Dual Energy X-Ray Absorptiometry
- 5.2.1.2. Quantitative Computed Tomography
- 5.2.2. Peripheral Bone Densitometry
- 5.2.2.1. Single Energy X-Ray Absorptiometry
- 5.2.2.2. Dual Energy X-Ray Absorptiometry
- 5.2.2.3. Radiographic Absorptiometry
- 5.2.2.4. Quantitative Ultrasound
- 5.2.2.5. Peripheral Quantitative Computed Tomography
- 5.2.1. Axial Bone Densitometry
- 5.3.1. Hospitals
- 5.3.2. Diagnostics Centers
- 5.3.3. Specialty Clinics
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Bone Densitometers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Technology
- 6.2.1. Axial Bone Densitometry
- 6.2.1.1. Dual Energy X-Ray Absorptiometry
- 6.2.1.2. Quantitative Computed Tomography
- 6.2.2. Peripheral Bone Densitometry
- 6.2.2.1. Single Energy X-Ray Absorptiometry
- 6.2.2.2. Dual Energy X-Ray Absorptiometry
- 6.2.2.3. Radiographic Absorptiometry
- 6.2.2.4. Quantitative Ultrasound
- 6.2.2.5. Peripheral Quantitative Computed Tomography
- 6.2.1. Axial Bone Densitometry
- 6.3.1. Hospitals
- 6.3.2. Diagnostics Centers
- 6.3.3. Specialty Clinics
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Bone Densitometers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Technology
- 7.2.1. Axial Bone Densitometry
- 7.2.1.1. Dual Energy X-Ray Absorptiometry
- 7.2.1.2. Quantitative Computed Tomography
- 7.2.2. Peripheral Bone Densitometry
- 7.2.2.1. Single Energy X-Ray Absorptiometry
- 7.2.2.2. Dual Energy X-Ray Absorptiometry
- 7.2.2.3. Radiographic Absorptiometry
- 7.2.2.4. Quantitative Ultrasound
- 7.2.2.5. Peripheral Quantitative Computed Tomography
- 7.2.1. Axial Bone Densitometry
- 7.3.1. Hospitals
- 7.3.2. Diagnostics Centers
- 7.3.3. Specialty Clinics
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Bone Densitometers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Technology
- 8.2.1. Axial Bone Densitometry
- 8.2.1.1. Dual Energy X-Ray Absorptiometry
- 8.2.1.2. Quantitative Computed Tomography
- 8.2.2. Peripheral Bone Densitometry
- 8.2.2.1. Single Energy X-Ray Absorptiometry
- 8.2.2.2. Dual Energy X-Ray Absorptiometry
- 8.2.2.3. Radiographic Absorptiometry
- 8.2.2.4. Quantitative Ultrasound
- 8.2.2.5. Peripheral Quantitative Computed Tomography
- 8.2.1. Axial Bone Densitometry
- 8.3.1. Hospitals
- 8.3.2. Diagnostics Centers
- 8.3.3. Specialty Clinics
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Bone Densitometers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Technology
- 9.2.1. Axial Bone Densitometry
- 9.2.1.1. Dual Energy X-Ray Absorptiometry
- 9.2.1.2. Quantitative Computed Tomography
- 9.2.2. Peripheral Bone Densitometry
- 9.2.2.1. Single Energy X-Ray Absorptiometry
- 9.2.2.2. Dual Energy X-Ray Absorptiometry
- 9.2.2.3. Radiographic Absorptiometry
- 9.2.2.4. Quantitative Ultrasound
- 9.2.2.5. Peripheral Quantitative Computed Tomography
- 9.2.1. Axial Bone Densitometry
- 9.3.1. Hospitals
- 9.3.2. Diagnostics Centers
- 9.3.3. Specialty Clinics
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. GE Healthcare
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Petronas
- 10.6. Hologic Inc.
- 10.7. Beammed
- 10.8. Swissray International Inc.
- 10.9. Osteosys Co. Ltd.
- 10.10. Diagnostic Medical System SA
- 10.11. Medonica Co. Ltd.
- 10.12. Osteometer Meditech
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In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
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Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
