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Rising Incidence Of Bone-Related Diseases To Drive Growth In The Bone and Mineral Diagnostic Testing Market: Key Factor Driving The Growth In The Bone and Mineral Diagnostic Testing Market
The Bone and Mineral Diagnostic Testing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Bone and Mineral Diagnostic Testing Market Size During the Forecast Period?
The Bone and Mineral Diagnostic Testing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Bone and Mineral Diagnostic Testing Market Size During the Forecast Period?
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What Are the High-Growth Segments in the Bone and Mineral Diagnostic Testing Market?
The bone and mineral diagnostic testing market covered in this report is segmented -
1) By Product: Assays Or Consumables, Instruments
2) By Test Type: Enzyme-Linked Immunosorbent Assay (ELISA), Clinical Laboratory Improvement Amendments (CLIA), Other Test Types
3) By Application: Vitamin D Testing, Bone Metabolism
Subsegments:
1) By Assays Or Consumables: Bone Turnover Markers Assays, Vitamin D Assays, Calcium And Phosphate Assays, Sample Collection Kits, Reagents And Standards
2) By Instruments: Bone Densitometers, X-Ray Machines, Ultrasound Devices, MRI Machines, Other Diagnostic Instruments
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What Key Drivers Are Expected to Influence Future Bone and Mineral Diagnostic Testing Market Growth?
The anticipated rise in bone-related illnesses is projected to boost the expansion of the bone and mineral diagnostic testing market. These conditions compromise the strength and elasticity of bones, rendering them weak and susceptible to fractures. They may lead to symptoms like bone discomfort, mobility issues, and an elevated likelihood of bone fractures. Diagnostic tests for bones and minerals, such as bone density assessments, can aid in thwarting bone diseases by recognizing low bone density before the development of osteoporosis, predicting future fracture risks, and monitoring the effectiveness of ongoing osteoporosis treatment. The escalations in incidences of bone-related diseases, alongside increasing awareness and technological evolution, are projected to stimulate the growth of the bone and mineral diagnostic testing market. For example, The National Center for Biotechnology Information (NCBI), a US governmental entity, indicated in May 2022 that fractures are the main complication of osteoporosis. The projections estimate a surge in global hip fractures among males by 310% and females by 240% by 2050. Consequently, a rise in the prevalence of bone-related diseases will stimulate the growth of the bone and mineral diagnostic testing market.
Which Companies Hold the Largest Share Across Different Bone and Mineral Diagnostic Testing Market Segments?
Major companies operating in the bone and mineral diagnostic testing market include Abbott Laboratories, bioMérieux SA, DiaSorin S.p.A., QuidelOrtho Corporation, Siemens Healthineers AG, F. Hoffmann-La Roche AG, GE HealthCare Technologies Inc., Hologic Inc., Beammed Ltd., Swissray International Inc., Osteosys Co. Ltd., Diagnostic Medical System SA, Medonica Co. Ltd., Epitope Diagnostics Inc., Alere Inc., Beckman Coulter Inc., Bio Rad Laboratories Inc., Calbiotech Inc., Roche Diagnostics India Pvt. Ltd., Ortho-Clinical Diagnostics, Enzo Life Sciences lnc., Medtronic plc, Thermo Fisher Scientific lnc., Sysmex Corporation, EKF Diagnostics, Bruker Corporation, Esaote SpA, Hitachi Ltd., Koninklijke Philips N.V., Mindray Medical International Limited, PerkinElmer Inc., Shimadzu Corporation, Toshiba Medical Systems Corporation, Waters Corporation, Danaher Corporation, Merck KGaA
What Trends Are Driving Growth in The Bone and Mineral Diagnostic Testing Market?
Progress in technology is becoming a significant trend in the bone and mineral diagnostic testing industry. Firms within this sector are leveraging new technologies to maintain their market standing. In May 2022, GE HealthCare Technologies Inc., an American medical technology enterprise, invented a groundbreaking MRI methodology that incorporates unconventional pulse sequences such as zero echo time (ZTE) to view tendons, ligaments, calcium accumulations, and cortical bone formations. This recent advancement in MR bone scanning offers CT-like image contrast in 3D isotropic resolution, without subjecting patients to ionizing radiation. It is currently being used to acquire morphologic data about cortical bone structure in areas such as the shoulder, hip, skull, foot/ankle, and spine. This technique particularly shines when longitudinal CTs are necessary, especially when low-dose CTs are not accessible.
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What Are the Emerging Geographies for The Bone and Mineral Diagnostic Testing Market Growth?
North America was the largest region in the bone and mineral diagnostic testing market in 2024. The regions covered in the bone and mineral diagnostic testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Bone and Mineral Diagnostic Testing Market?
2. What is the CAGR expected in the Bone and Mineral Diagnostic Testing Market?
3. What Are the Key Innovations Transforming the Bone and Mineral Diagnostic Testing Industry?
4. Which Region Is Leading the Bone and Mineral Diagnostic Testing Market?
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