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Global Bone Densitometer Devices Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023
Global Bone Densitometer Devices Market:By Technique (Quantitative Ultrasound (QUS), Digital X-ray Radiogrammetry (DXR), Dual Energy X-ray Absorptiometry (DXA), Qualitative Computed Tomography(QCT), Peripheral DXA (pDXA), Others), By Site of Scanning (Spine, Forearm, Hip, Total Body, Others), By Applications (Osteoporosis, Post-Menopause, Hyperthyroidism, Bone Fractures, Rheumatoid Arthritis, Others), By End User (Orthopedic Clinic, Hospitals, Diagnostic centers), and Geography -Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis2012 to 2016 and Forecast 2017 to 2023Market Dynamics: Bone Densitometer Devices Market
Bone Densitometry is an enhanced form of x-ray technology used to measure the bone loss by determining the bone mineral density(BMD). Bone densitometry is most commonly performed on lower spine and hips. Sometimes the whole body is scanned in children and adults. Rising geriatric population who are highly prone to the bone and muscle related disorders and diseases like osteoarthritis and osteoporosis drives the market growth for bone densitometer devices. According to WHO, by 2050, global population above 60 years are going to reach 2Mn. Moreover, rising prevalence osteoporosis, osteoarthritis and post-menopausal complication also drives the growth of bone densitometer devices market. According to National Osteoporosis Foundation (NOF), it is expected that the number of cases with osteoporosis will exceed 61 Mn by 2020. According to National Spinal Cord Injury Centre in U.S, Researchers have assessed that in 2015, nearly 12,500 new spinal cord injuries have occurred in the year. Furthermore, rise in consumption of alcohol and smoking, growing innovations osteology field propels the growth of bone densitometer devices market. Increasing cost burden of equipment, high cost of the diagnosis, lack of skilled professionals, low reimbursement policies are hampering the growth of the bone densitometer devices market.
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Market Scope: Bone Densitometer Devices Market
Bone Densitometer Devices Marketis segmented on the basis of Type, Products, Animal Type, and Distribution channel and Geographical regions
Based on the Techniques, Bone Densitometer Devices Marketis segmented into the following:
• Quantitative Ultrasound (QUS)
• Digital X-ray Radiogrammetry (DXR)
• Dual Energy X-ray Absorptiometry (DXA)
• Qualitative Computed Tomography(QCT)
• Peripheral DXA (pDXA)
• Others
Based on the Site of Scanning,Bone Densitometer Devices Marketis segmented into the following:
• Spine
• Forearm
• Hip
• Total Body
• Others
Based on the Applications, Bone Densitometer Devices Market is segmented into the following:
• Osteoporosis
• Post-Menopause
• Hyperthyroidism
• Bone Fractures
• Rheumatoid Arthritis
• Others
Based on the End User, Bone Densitometer Devices Marketis segmented into the following:
• Orthopedic Clinic
• Hospitals
• Diagnostic centers
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Regional Analysis: Bone Densitometer Devices Market
Geographically, Bone Densitometer Devices Marketis segmented into North America, Europe, Asia Pacific, Latin America, and theMiddle East and Africa regions.North America is leading the Bone Densitometer Devices market owing to the increased number of geriatric patients, rising awareness about bone densitometry, high healthcare expenditure, and well-developed healthcare infrastructure in the region. Europe Bone Densitometer Devices market is mainly driven by increased prevalence of the bone diseases and favorable regulatory environment. Developing economies such as China and India are expected to show robust growth inBone Densitometer Devices Marketduring forecasting period due to factors such as increasing medical tourism and companies’ expansion, and growth in healthcare infrastructure in the countries. In the Middle East and Africa region, South Africa is considered one of the largest markets due to the availability of larger patient pool.
Competition Assessment: Bone Densitometer Devices Market
Key playersprofiled in the global Bone Densitometer Devices Marketinclude:
• Diagnostic Medical Systems S.A. (France)
• BeamMed Ltd (Israel)
• Hologic, Inc. (U.S.)
• GE Healthcare (U.S.)
• Lone Oak Medical Technologies, LLC (U.S.)
• Osteometer Meditech Inc, (U.S.)
• CompuMed, Inc, (U.S.)
• CooperSurgical, Inc, (U.S.)
Notable Market Developments: Bone Densitometer Devices Market
• In November 2017, Medtronic plc received U.S.FDA approval to launch its Azure Pacemakers with BlueSyc technology in U.S.
• In March 2017, Biotronic launched its Smallest & Lightest MR-Conditional Pacemakers and a new range of quadripolar CRT-Pacemakers in Europe.
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Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key marketdevelopments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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