Global Bone Densitometer Devices Market: Increase in the number of diagnostic laboratories and hospitals in 2017-2024
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The bone densitometer devices market accounted to USD 410.5 million in 2016 growing at a CAGR of 4.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major market drivers and restraints: Global Bone Densitometer Devices Market
• Rising in the geriatric population across the world
• Increasing prevalence of osteoporosis in post-menopausal women
• Technological advancements in point-of-care devices
• Increase in the number of diagnostic laboratories and hospitals
Global Bone Densitometer Devices Major Market Competitors:
Some of the major players operating in bone densitometer devices market are BeamMed Ltd (Israel), Diagnostic Medical Systems S.A. (France), GE Healthcare (U.S.), Hologic, Inc. (U.S.), Osteometer Meditech Inc, (U.S.), Lone Oak Medical Technologies, LLC (U.S.), CooperSurgical, Inc, (U.S.), and CompuMed, Inc, (U.S.) among others.
Global Bone Densitometer Devices Market Segmentation:
By technology the market for bone densitometry devices is segmented into Axial Bone Densitometry and Peripheral Bone Densitometry. The Axial Bone Densitometry segment is further segmented into Dual Energy X-Ray Absorptiometry (DEXA), and Quantitative Computed Tomography (QCT). The Peripheral Bone Densitometry segment is further segmented into Single Energy X-Ray Absorptiometry (SEXA), Peripheral Dual Energy X-Ray Absorptiometry (pDEXA), Radiographic Absorptiometry (RA), Quantitative Ultrasound (QUS), and Peripheral Quantitative Computed Tomography (pQCT).
On the basis of end-user the market is segmented into diagnostic centers, hospitals, and Specialty clinics.
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On the basis of geography, bone densitometry devices market report covers data points for 28 countries across multiple geographies such as
• North America
• South America
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Global Bone Densitometer Devices Market Competitive Analysis:
The bone densitometry devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of bone densitometry devices market for global, Europe, North America, Asia Pacific and South America.
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