Press release
Osteoporosis Testing Market Size, Share, Growth and Trends, Report 2024-2031
The Global Osteoporosis Testing Market reached USD 383.5 million in 2023 and is projected to witness lucrative growth by reaching up to USD 566.8 million by 2031. The global osteoporosis testing market is expected to exhibit a CAGR of 5.1% during the forecast period (2024-2031).The osteoporosis testing market refers to the sector involved in the development, distribution, and utilization of diagnostic tools and technologies used to assess bone density and diagnose osteoporosis. Osteoporosis is a condition characterized by weakened bones that are more prone to fractures. Testing for osteoporosis typically involves various techniques to measure bone mineral density (BMD) and assess fracture risk.
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Market Dynamics:
Technological Advancements Lead to the Market's Growth and are One of the Main Factors Driving the Market Growth.
Various technologies have been employed to evaluate skeletal health, with dual-energy X-ray absorptiometry (DXA) being the most prevalent. DXA measures bone density in areas such as the spine, hip, or the entire body. Recent advancements in imaging technology have enhanced the speed and accuracy of skeletal health assessments. For example, the Discovery QDR Series bone densitometer from Hologic, based in Bedford, MA, features High-Definition Instant Vertebral Assessment (IVA). This technology performs a 10-second scan of the lumbar and thoracic spine to identify vertebral deformities, allowing for the classification of more patients as osteoporotic, even if their bone mineral density (BMD) results are borderline.
Segment Covered in the Osteoporosis Testing Market:
By Type: Dexa-Scan, FRAX tool, CT scans, X-rays, Other.
By End User: Hospital, Diagnostic Centers, Orthopedic Clinics, Others.
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Key players involved in Osteoporosis Testing Market:
• GE Healthcare
• DMS Imaging
• Swissray
• BeamMed
• Hologic
• OSTEOCYTES
• Scanflex Healthcare
• CompuMed
• FUJIFILM
• Trivitron Healthcare
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Regional Analysis:
The global Osteoporosis Testing Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Osteoporosis Testing Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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