Bone Densitometers Market Size, Share | Segmentation and Research | Forecast To 2028

DUBAI, UAE. 25th September 2019: Bone Densitometers Market was worth USD 893.7 million in the year 2016 and is predicted to grow with a CAGR of 3.9% during the forecast period. The significant increase in prevalence of osteoporosis on global level is the major driving force. This has led to an upsurge in demand for efficient assessment with the use of bone densitometers. In addition, the increase in geriatric population base, which is more susceptible to metabolic bone diseases, is expected to provide lucrative growth opportunities.

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The largest share in the technology segment was held by axial bone densitometers with over 60.0% in 2016 as a consequence of consistent adoption rate of these devices. The fulfillment of various requirements and needs of clinicians by usage of these devices can be attributed to the increasing penetration rate of the technology. These majorly include the central dual energy x-ray absorptiometry, technology based tools which are crucial for accurate diagnostic results.

Moreover, the usage of these bone assessment devices are predicted to be a result of enhanced precision, sensitivity, optimum linearity leading to reduced variation in diagnostic performance. The above mentioned factors along with their cost effective nature are responsible for the high adoption of these by clinicians.

End-use Insights

The major share was held by hospitals in 2016 owing to the large volume of patients and frequent readmission. Moreover, sophisticated infrastructure facilitating high efficiency of diagnostic procedures with bone assessment devices is expected to drive the hospital segment.

The rise in initiatives by healthcare organizations to promote technologically advanced and sophisticated instruments for rapid result generation also serves as a key growth driving factor. In addition, hospitals in present scenario are using totally automated systems having the ability for assessment of conditions at an early stage. The aforementioned factors are predicted to positively impact the segment growth during the forecast period.

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Bone Densitometers Technology Outlook (Revenue, USD Million, 2014 - 2025)

        • Axial Bone Densitometry

                • Dual Energy X-Ray Absorptiometry (DEXA)

                • Quantitative Computed Tomography (QCT)

        • Peripheral Bone Densitometry

                • Single Energy X-Ray Absorptiometry (SEXA)

                • Dual Energy X-Ray Absorptiometry (PDEXA)

                • Radiographic Absorptiometry (RA)

                • Quantitative Ultrasound (QUS)

                • Peripheral Quantitative Computed Tomography (pQCT)

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