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Navigating the Future: Bone Densitometer Market 2024 - Size, Share, Trends, Technology, and Overcoming Challenges to Thrive by 2033
Bone Densitometer Market
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Bone Densitometer industry. This report on Bone Densitometer market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The bone densitometer market size has grown strongly in recent years. It will grow from $1.27 billion in 2023 to $1.38 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to aging population, rise in awareness about the importance of bone health, rise in healthcare infrastructure, economic growth. The bone densitometer market size is expected to see strong growth in the next few years. It will grow to $2 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%.
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Key Market Players:
Diagnostic Medical Systems SA, GE Healthcare Technologies Inc., Hologic Inc., BeamMed Ltd., Demetech AB, Osteometer Meditech Inc.
Market Drivers:
According to the Bone Densitometer Market Report 2024 by The Business Research Company, the rising aging population is expected to propel the growth of the bone densitometer market in the coming years. The term 'aging population' refers to the increasing percentage and proportion of elderly people in the population. The world's economy, healthcare systems, and social support networks are all affected by the aging population. Older people are more likely to develop osteoporosis, which necessitates early identification and prevention, the importance of bone health, and its influence on healthcare. Bone densitometry is an essential technique for the diagnosis and therapy of osteoporosis in older people, and it has the potential to lower healthcare expenditures while improving patient outcomes. For instance, in June 2023, according to the Australian Institute of Health and Welfare, an Australia-based governmental agency in charge of collecting statistics on health and well-being, the proportion of Australians aged 65 and beyond climbed from 4.6 percent in 1922 to 16.2 percent in 2021. Therefore, the rising aging population is driving the bone densitometer market.
More information about the Global Bone Densitometer Market Report -
https://www.thebusinessresearchcompany.com/report/bone-densitometer-global-market-report
Market segments for Bone Densitometer include:
1) By Type: DXA Systems, Peripheral Bone Densitometers, Radiographic Absorptiometry Scanners, Quantitative Ultrasound Scanners
2) By Application: Osteoporosis & Osteopenia Diagnosis, Cystic Fibrosis Diagnosis, Body Composition Measurement, Rheumatoid Arthritis Diagnosis
3) By End-User: Hospitals, Clinics, Diagnostic and Imaging Centers, Other End-Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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