Bone Densitometers Market to Touch US$ 1.11 Billion by the End of 2024

As per the forecast figures calculated by TMR, the global bone densitometers market has been projected to gain an around US$1.11 bn by 2024 from US$0.84 bn in 2015. The analysts have estimated a CAGR of 3.10% for the forecast timeframe 2016–2024. According to technology, the market for axial bone densitometry could stay dominant in future, considering its larger share of an over 65.0% in 2015. North America has been envisioned to finish at the top of the table by the concluding forecast year after registering an approximate 44.0% share in 2015. During their tenure in the international bone densitometers market, players could find challenges in the form of restricted access to diagnostic tools and equipment in remote locations. However, the magnifying awareness among end users about the benefits of early diagnosis of diseases has been prognosticated to bring up favorable prospects in the market. North America could contribute at a handsome rate in the market while riding on the presence of promising reimbursement policies for diagnosing osteoporosis. One of the trends that has been anticipated to benefit the market is the emergence of hospitals as a prominent diagnostic and devices hub for bone densitometers. However, there could also be opportunities arising from the high-paced growth of diagnostic centers boasting of well-equipped infrastructure, access to various medical facilities, and an elevating preference from patients.

Browse Report Details@ https://www.transparencymarketresearch.com/bone-densitometers-market.html

North America, Asia Pacific, the Middle East and Africa, Latin America, and Europe are the main geographical segments of the worldwide market for bone densitometers. In 2015, North America dominated the global market with a share of nearly 44%. With the introduction of favorable reimbursement policies for the diagnosis of osteoporosis, this regional market is expected to retain its position over the next few years. Europe, which held the second position in the global bone densitometers market, is likely to witness healthy growth in the near future, thanks to the increase in development of newer and sophisticated technologies and the growing awareness among people regarding the benefits of early detection of bone related diseases.

Similarly, Asia Pacific is also anticipated to experience a considerable rise in its bone densitometers market in the years to come. Japan has emerged as the leading domestic market for bone densitometers in Asia Pacific, owing to owing to the easy availability of DEXA machines. Developing Asian economies, such as China and India, are projected to offer lucrative growth prospects to players over the next few years, thanks to the improving health care infrastructure, rising private and public investments in life sciences research, and the advancements in diagnostic technologies.

Report Overview, with TOC - https://www.transparencymarketresearch.com/report-toc/1643

The global bone densitometers market has been forecasted by Transparency Market Research (TMR) to testify a predominant lead secured by prominent enterprises such as Hologic, Inc. and GE Healthcare. In 2015, both these players accounted for a close to 70.0% of the overall share in aggregate. At present, top-level businesses dealing with bone densitometers could fortify their status in the industry by concentrating on technological developments and innovations. The competition in the market has been projected to propel further in future as it could already be tellingly high in the current scenario.

Buy Full Report@ https://www.transparencymarketresearch.com/checkout.php?rep_id=1643<ype=S

About TMR

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.