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Bone Densitometer Market 2020 Global Industry Extensive Competitive Landscape on Size, Volume, Trends, Share and Revenue| Regional Forecast By 2024

01-17-2020 08:17 AM CET | Health & Medicine

Press release from: ReportsnReports

2019 Research Report on Global Bone Densitometer Market is a professional and comprehensive report on the Bone Densitometer industry.

#Download Free PDF Sample Brochure of report Global Bone Densitometer Market 2019 across with 117 Pages and in-depth TOC Analysis @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=2694262

Key Players: GE Healthcare (US), Hologic, Inc. (US), OSI Systems, Inc. (US), Diagnostic Medical Systems Group (France), Swissray Global Healthcare Holding, Ltd. (Taiwan), BeamMed, Ltd. (Israel), Echolight S.P.A (Italy), Scanflex Healthcare AB (Sweden), Medonica Co., Ltd. (South Korea), Eurotec Systems S.r.l (Italy), Ampall Co., Ltd. (South Korea), L’acn L’accessorio Nucleare S.R.L (Italy), Shenzen XRAY Electric Co., Ltd. (China), YOZMA BMTech Co., Ltd. (South Korea), Nanoomtech Co., Ltd. (South Korea), Osteosys Corporation (South Korea), FURUNO Electric Co., Ltd. (Japan), Xianyang Kanrota Digital Ultrasound System, Co., Ltd. (China), XinGaoYi Co., Ltd. (China), Anjue Medical Equipment (China), Oscare Medical Oy (Finland), Medilink (France), CyberLogic, Inc. (US), Nanjing Kejin Industrial Co., Ltd. (China), and Trivitron Healthcare (India).

“The global bone densitometers market is projected to grow at a CAGR of 4.7%.”

The bone densitometers market is projected to reach USD 311 million by 2024 from USD 247 million in 2019, at a CAGR of 4.7% during the forecast period. The growth in the bone densitometers market is majorly driven by the increasing prevalence of osteoporosis and the rising geriatric population. However, factors such as the high cost of bone densitometers and low awareness are expected to hinder the growth of this market.

“The dual-energy X-ray absorptiometry (DXA) scanners segment is expected to grow at the highest rate during the forecast period.”

Based on the type, the bone densitometers market is segmented into dual-energy X-ray absorptiometry (DXA) scanners and peripheral bone densitometers. The dual-energy X-ray absorptiometry (DXA) scanners segment is projected to witness the highest growth in the bone densitometers market during the forecast period. Growth in this segment is attributed to their advantages 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.

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“In 2018, the hospitals & specialty clinics segment accounted for the largest share of the market.”

Based on end user, the bone densitometers market is segmented into hospitals & specialty clinics, diagnostic & imaging centers, and other end users. In 2018, hospitals & specialty clinics accounted for the largest share of the bone densitometers market, and this trend is expected to continue during the forecast period. The majority of bone density scans are performed in hospitals owing to the higher preference of patients for hospital-based treatment monitoring for diseases such as cystic fibrosis, chronic kidney diseases, and osteoporosis.

“North America is expected to hold the largest share for players operating in the bone densitometers market.”

North America accounted for the largest share of the bone densitometers market in 2018. Factors such as

high consumer awareness, increase in healthcare expenditure, increasing prevalence of osteoporosis, and the presence of key market players in the region are among the few factors expected to contribute to the growth of this market.

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In the end, the Global Bone Densitometer Market report’s conclusion part notes the estimation of the industry veterans.

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