Press release
DEXA Equipment Market Forecasting Deep Industry Analysis With Bone Density Test, Scan, Machine, Test Costs, Densitometer And More By 2024
Global DEXA Equipment Market
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The global DEXA equipment market is segmented on the basis of Type, Application, End User, And Geography.
On the basis of product type, the global DEXA equipment market is segmented into central DEXA (C-DEXA) and peripheral DEXA (p-DEXA). In 2017, C-DEXA segment is expected to dominate the global DEXA equipment market with around 90.0% market share and is expected to continue with the same trend in the forecast period 2017 to 2024.
On the basis of application, the global DEXA equipment market segment is segmented into bone densitometry, body composition analysis, fracture risk assessment and fracture diagnosis. In 2017, bone densitometry segment is expected to dominate the global DEXA equipment market segment.
On the basis of end user, the global DEXA equipment market segment is segmented into hospitals, clinics, and mobile health centers. In 2017, hospitals segment is expected to dominate the global DEXA equipment market segment with around 65.0% market share and clinics segment is expected to grow at the highest CAGR in the forecast period.
North America Industry Segmentation
North America DEXA Equipment market is expected to reach USD 159.3 million by 2024 from USD 93.0 million in 2016, at a CAGR of 7.0% in the forecast period 2017 to 2024. Factors such as rising geriatric population, technological advancements, are contributing to the growth of the North America DEXA equipment market. The DEXA equipment market in the North America region is leading in U.S.
Product Type: C-DEXA segment is expected to dominate the global DEXA equipment market with 92.8% market share and is expected to reach USD 149.2 million by 2024 from USD 86.2 million in 2016, growing at the highest CAGR of 7.1% in the forecast period 2017 to 2024.
Application: Bone densitometry segment is expected to dominate the global DEXA equipment market segment with 74.2% market share and is expected to reach USD 115.1 million by 2024 from USD 69.2 million in 2016, growing at a CAGR of 6.5% in the forecast period 2017 to 2024. However, fracture risk assessment is expected to grow at the highest CAGR of 9.2% in the forecast period, to reach USD 32.1 million by 2024 from USD 15.9 million in 2016.
End User: Hospitals segment is expected to dominate the global DEXA equipment market segment with 62.6% market share and is expected to reach USD 91.5 million by 2024 from USD 58.9 million in 2016, growing at a CAGR of 5.6% in the forecast period 2017 to 2024. However, clinics segment is expected to grow at the highest CAGR of 9.3% in the forecast period, to reach USD 48.4 million by 2024 from USD 23.9 million in 2016.
Europe Industry Segmentation
Europe DEXA Equipment market is expected to reach USD 89.02 million by 2024 from USD 62.44 million in 2016, at a CAGR of 4.6% in the forecast period 2017 to 2024. Factors such as increasing geriatric population, increasing obesity, launch of technologically advanced DEXA Equipment, and increasing healthcare spending due to awareness created regarding the diseases and its severity is contributing to the growth of the European DEXA equipment market .The DEXA equipment market in the Europe region is leading in France.
Product Type: C-DEXA segment is expected to dominate the global DEXA equipment market with 76.3% market share and is expected to reach USD 7866.1 million by 2024 from USD 6222.3 million in 2016, growing at a CAGR of 3.0% in the forecast period 2017 to 2024.
Application: Bone densitometry segment is expected to dominate the Europe DEXA equipment market segment with 72.2% market share and is expected to reach USD 62.8 million by 2024 from USD 45.2 million in 2016, growing at a CAGR of 4.2% in the forecast period 2017 to 2024. However, fracture risk assessment is expected to grow at the highest CAGR of 6.7% in the forecast period, to reach USD 18.3 million by 2024 from USD 11.0 million in 2016.
End User: Hospitals segment is expected to dominate the global DEXA equipment market segment with 66.1% market share and is expected to reach USD 53.2 million by 2024 from USD 41.8 million in 2016, growing at a CAGR of 3.1% in the forecast period 2017 to 2024. However, clinics segment is expected to grow at the highest CAGR of 7.5% in the forecast period, to reach USD 22.5 million by 2024 from USD 12.7 million in 2016.
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Asia-Pacific Industry Segmentation
Asia-Pacific DEXA Equipment market is expected to reach USD 89.0 million by 2024 from USD 62.4 million in 2016, at a CAGR of 4.6% in the forecast period 2017 to 2024. Major factors driving the growth of this market are Growth in these markets will be fueled by aggressive rising in the geriatric population, increasing prevalence of obesity, improving healthcare infrastructure and diagnostic radiology centers.
Product Type: C-DEXA segment is expected to dominate the global DEXA equipment market with 83.4% market share and is expected to reach USD 86.0 million by 2024 from USD 37.8 million in 2016, growing at the highest CAGR of 10.9% in the forecast period 2017 to 2024.
Application: Bone densitometry segment is expected to dominate the global DEXA equipment market segment with 60.8% market share and is expected to reach USD 58.5 million by 2024 from USD 27.8 million in 2016, growing at a CAGR of 9.8% in the forecast period 2017 to 2024. However, fracture risk assessment is expected to grow at the highest CAGR of 12.6% in the forecast period, to reach USD 24.1 million by 2024 from USD 9.3 million in 2016.
End User: Hospitals segment is expected to dominate the global DEXA equipment market segment with 60.9% market share and is expected to reach USD 54.9 million by 2024 from USD 28.1 million in 2016, growing at a CAGR of 8.8% in the forecast period 2017 to 2024. However, clinics segment is expected to grow at the highest CAGR of 12.7% in the forecast period, to reach USD 30.8 million by 2024 from USD 11.9 million in 2016.
Global Top Players
Some of the major players operating in this market for Europe DEXA equipment market are GE Healthcare, Dms Imaging, Hologic, Inc., Swissray International Inc., Medilink International, Medonica Co. LTD, AMPall Co.,LTD, Demetech AB, MB Tech, Osteometer Meditech Inc., l'acn - l'accessorio nucleare s.r.l., HSL Hospital Services Limited, among other local players.
Central DEXA market is growing with the highest CAGR.
Bone densitometry is driving the market with highest market share. However, Fracture Assessment is growing with the highest CAGR.
Table Of Content
Introduction
1.1. Objectives Of The Study
1.2. Market Definition
1.3. Overview Of Global Cancer Diagnostics Market
1.4. Currency And Pricing
1.5. Limitation
1.6. Markets Covered
Market Segmentation
2.1. Markets Covered
2.2. Geographic Scope
2.3. Years Considered For The Study
2.4. Currency And Pricing
2.5. Research Methodology
2.6. Primary Interviews With Key Opinion Leaders
2.7. Secondary Sources
2.8. Assumptions
Market Overview
3.1. Drivers
3.1.1. Growth Of Aging Population And Rising Prevalence Of Cancer
3.1.2. Government Initiatives For Funding And Awareness About Cancer
3.1.3. Key Players Focusing On Strategic Decisions To Gain Market Share
3.1.4. Increasing Prevelance Of Cancer
3.2. Restraints
3.2.1. Stringent Reulations Imposed By International And Local Authorities
3.2.2. Shortage Of Skilled And Trained Professionals
3.3. Opportunities
Continue…
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