Bone Densitometer Systems Market Is Expected To Witness Lucrative Growth Over The Forecast Period Till 2027

According to the report by Allied Market Research, the global Bone Densitometer Systems market is estimated to register a CAGR of mm.n% from 2020 to 2027. The research helps leading players and startups to devise new strategies based on current market trends and changing dynamics. Competitive landscape is mentioned in the report based on business segments, products portfolio, and strategic moves & developments of leading market players. Detailed segmentation assists in determining growing segments and determining further steps to capitalize on lucrative segments. Regional landscape is helpful in determining opportunities and driving factors of each region and taking further steps.

Bone densitometer is an advanced form of X-ray technology that is used for the measurement of bone loss. Bone loss is measured by using established bone mineral density measuring standards. This procedure is used for the diagnosis of osteopenia, osteoporosis, and risk assessment of an individual for developing fractures.

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Increase in prevalence of osteoporosis and osteopenia worldwide has fueled the demand for bone densitometers. In addition, various beneficial factors offered by these devices such as simplicity in usage, relatively short duration, noninvasive nature, and no requirement for anesthesia make them a reliable procedure for measuring bone loss.

The report segments the bone densitometer systems market on the basis of technology, end user, and geography.

Based on technology, the market is bifurcated into axial bone densitometry and peripheral bone densitometry. The axial bone densitometry segment is further classified into dual energy X-ray absorptiometry and quantitative computed tomography, while the peripheral bone densitometry segment is categorized into single energy X-ray absorptiometry, dual energy X-ray absorptiometry, radiographic absorptiometry, quantitative ultrasound, and peripheral quantitative computed tomography. By end user, the market is divided into hospitals and clinics. Geographical breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Product innovation and ongoing R&D activities to develop advanced technologies boost the growth of the market. The market landscape is highly competitive, owing to presence of international and regional players. The competition is fierce due to the consolidated nature of the market with top three players reporting to occupy major share in the market. The key players in the market are adopting various strategic moves to sustain the intense competition.

The Major Key Players Are:

GE Healthcare, Hologic Inc., Osteosys Co. Ltd, Beammed Ltd., Diagnostic medical System SA, and Swissray International, Inc. BeamMed Ltd, Lone Oak Medical Technologies, LLC, CooperSurgical, Inc, and CompuMed, Inc.

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