Global Bone Densitometer Market will rise to approximately USD 438.2 million by 2034

Bone Densitometer Market
Bone Densitometer Market

The global bone densitometers market are expected to grow at a compound annual growth rate (CAGR) of 2.3% from 2024 to 2034. The estimated revenue for the global bone densitometer market is expected to increase from USD 349.1 million in 2024 to around USD 438.2 million by 2034.

The global demand for bone densitometers is growing decently due to an increase in osteoporosis cases as well as rising cases of road accidents and sports injuries. Moreover, recent breakthroughs in bone mineral density testing techniques have improved the reliability of the device.

Get a Sample Copy of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-14793

Strengthening of healthcare infrastructure and modernization of hospitals after the global pandemic is expected to play a determining factor in the higher adoption of bone densitometers. However, bone densitometers are expensive, which is impeding the market’s expansion to many low-income countries.

DXA scanners that have made bone density testing easier and more accurate are gaining traction in the countries with robust healthcare infrastructure. Moreover, advancements in 3D bone density scans are getting popular fast, which has resulted in an emerging trend in recent years,” opines Sabyasachi Ghosh, Associate Vice President at Future Market Insights (FMI).

Key Takeaways from the Global Bone Densitometer Market Study Report:

  • The bone densitometry industry in the United States is expected to advance at a sluggish 1% growth rate per year between 2024 and 2034.
  • The demand for bone densitometers in the United Kingdom is anticipated to surge at a higher 1.5% CAGR over the projected period.
  • China is the leading manufacturer of bone densitometers in Asia, and it is predicted to progress at a 3% CAGR by 2034.
  • India is witnessing a remarkable rise in the use of bone densitometers these years, which is expected to drive the regional market at 3.4% CAGR till 2034.

Competitive Landscape for Bone Densitometer Market Players:

The competition among bone densitometer manufacturers is moderate since few firms acquire almost three-fourths of the global market sales. However, adequate competition is resulting in collaborative research initiatives and new product developments by leading market players with higher funding capacity.

Recent Developments by the Bone Densitometer Manufacturers:

  • In February 2022, Aurora Spine Company and Echolight Medical teamed together to evaluate the bone mineral density (BMD) of osteoporosis patients to check the quality of their software platform. The two firms decided to complement each other in promoting their products to their respective clientele and prospects. The partnership was a part of the Aurora DEXA Platform, while Ecolight Medical is the maker of the radiation-free ‘EchoS portable densitometer.’
  • In May 2021, Echolight Company presented Radiofrequency Echographic Multi Spectrometry (REMS) technology for bone densitometry at the Florida Orthopedic Society Annual Scientific Meeting. This is the first portable type of bone densitometer that uses radiation-free technology and can safely monitor important bone health markers more frequently than any other testing technique.

Customization with Our Report: https://www.futuremarketinsights.com/customization-available/rep-gb-14793

Key Companies Profiled:

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

Bone Densitometer Market Segmentation:

By Technology Type:

  • 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 Market
  • Latin America Market
  • Europe Market
  • East Asia Market
  • South Asia and Pacific Market
  • The Middle East and Africa (MEA) Market

Checkout Now to Access Market Forecasts: https://www.futuremarketinsights.com/checkout/14793

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these