June 24, 2022
According to the business intelligence report titled ‘Global Bone Densitometer Market 2022-2028’, available with MarketStudyReport, global bone densitometers market is anticipated to register a stable CAGR of 3.3% over the next six years and amass a valuation of USD 1126 million by 2028.
Increasing prevalence of osteoporosis among the public, rising geriatric population, and focus on calculating the risk of developing osteoporotic fractures are the primary factors driving global bone densitometers market growth.
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In addition, technological advancements in the field, and robust healthcare facilities are likely to improve revenue flow for the market in the forthcoming years.
Apart from growth drivers, the research report also furnishes a thorough analysis of current and upcoming challenges that may restrict market expansion during the analysis period, while also divulging solutions for the same to mitigate the impact. Further, it illustrates market augmentation history and current business landscape to deliver credible projections for growth rate, size, and revenue share over the forecast period.
For the sake of a comprehensive assessment, worldwide bone densitometer industry is segregated in terms of technology and end user. Considering technology, the industry is split into ultrasound, dual energy X-ray absorptiometry (DEXA), and others. The DEXA segment reportedly accounted for a major portion in overall market remuneration in 2021.
Meanwhile, the end user spectrum of the business sphere is classified into diagnostics & imaging centers, and hospitals & clinics among others.
From a regional standpoint, North America, Europe, and Asia Pacific are the major geographies that are analyzed in the document on the basis of their current consumption patterns and scope for expansion during the study period.
The competitive framework, profiling companies like Hitachi Ltd., GE Healthcare, Shenzhen Xray Electric Co. Ltd., Medonica Co. Ltd., Hologic Inc., Osteosys Co. Ltd., BeamMed Inc., Scanflex Healthcare AB, Xingaoyi Medical Equipment Co, Ltd., Stem Lab Inc., Nanoomtech Co. Ltd., Furuno Electric Co. Ltd., Echolight S.p.A., Demetech AB, Aarna Systems and Wellness Pvt. Ltd., CompuMed Inc., Yozma Bmtech Co. Ltd., and Swissray International Inc., is thoroughly covered in global bone densitometer market report.