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The market for bone densitometers was assessed at $38,399.99 million in 2023, and by 2030, it is anticipated to have grown to $57,422.69 million, with a CAGR of 7.1%. The rise in osteoporosis cases, rise in accident rates, and development of novel bone densitometer products by a significant number of key competitors are the primary drivers of the worldwide bone densitometer market. The market for bone densitometers is expanding as a result of the rise in bone-related illnesses and the increased use of bone densitometer products. The Indian Society for Bone and Mineral Research asserts that the criteria for the diagnosis of osteoporosis in India were first presented at their annual meeting by a multidisciplinary group of doctors, scientists, and epidemiologists who focus on bone-related issues.
A bone densitometer, often known as a DXA machine, is a device that evaluates the reduced bone and bone mineral density in a bone segment using a small amount of ionizing radiation. The central devices are used to measure the amount of bone in the hip and spine, and they frequently have an arm lifted upward. Devices used to assess bone density in the elbows, heels, or hands are more portable. Because it requires no special preparations and takes less time than other procedures, it is the accepted method for diagnosing osteoporosis. It is also used to estimate a person's risk of developing osteoporotic fractures.
Because of rising rates of osteoporosis and vitamin D deficiency, a growing geriatric population, technological developments in the field of bone densitometry, and favorable reimbursement scenarios in developed economies, the global market for bone densitometers is predicted to expand. The market is comprehensively evaluated in the study on the global bone densitometer market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.
With the aid of bone densitometers, osteoporosis, osteopenia, and illnesses including osteomalacia, osteoarthritis, and osteoporotic fractures that cause bone degradation can be identified and treated. Patients' bone densities are measured using bone densitometers to estimate their risk of developing certain disorders. An osteoporotic fracture happens every three seconds worldwide, according to the International Osteoporosis Foundation (IOF), which estimates that osteoporosis causes more than 8.9 million fractures each year. In China, it is predicted that there will be 286.6 million cases of osteoporosis and osteopenia by 2020 and 533.3 million cases by 2050, according to an IOF study. Over the past 30 years, the prevalence of hip fractures has increased two- to three-fold in the majority of Asian nations. Asia will account for more than 50% of all osteoporotic fractures by 2050. The demand for efficient diagnostic methods will rise dramatically in response to the rising prevalence of osteoporosis, which will also raise demand for bone densitometers.
A common technique for determining bone mineral density is dual-energy X-ray absorptiometry (DEXA). However, one of the main problems preventing the widespread use of DEXA scanners in developing nations is their relatively high price. These goods typically cost between USD 9,180 and USD 199,000. Most small and medium-sized hospitals with restricted funding cannot afford these systems and instead favor conventional systems that are much less expensive. This could restrict the use of detectors in transitioning traditional analog systems to digital systems, posing a significant market issue. In addition, hospitals that invest in such pricey systems frequently rely on third-party payers (such Medicare, Medicaid, or commercial health insurance plans) to cover the costs of the diagnostic, screening, and therapeutic treatments carried out with the aid of these systems. Due to reasons including ongoing reductions in reimbursements for diagnostic imaging scans and bone density testing as well as the rising costs of these devices, medium-sized and small healthcare facilities are unable to invest in cutting-edge technology.
Since densitometers based on this technology are often employed, axial bone densitometry has a sizable market share. Axial bone densitometers' capacity to meet a variety of therapeutic needs can be attributed to the increased adoption rate, which is significant given the high prevalence of osteoporosis in the general population. Axial bone densitometry accounted for the majority of the market since densitometers developed with this technology were so widely used. The increasing adoption rate of this kind of densitometer is explained by the fact that it meets a variety of clinical requirements. These mostly comprise of dual-energy central x-ray absorptiometry-based devices, which are crucial for accurate results in diagnostic operations.
Report Coverage
Global Bone Densitometer research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Bone Densitometer report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Bone Densitometer competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Bone Densitometer market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Bone Densitometer market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Bone Densitometer market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
GE Healthcare (US), Hologic, Inc. (US), OSI Systems, Inc. (US), Diagnostic Medical Systems Group (France), Swissray Global Healthcare Holding, Ltd. (Taiwan), BeamMed, Ltd. (Israel), Echolight S.P.A (Italy), Scanflex Healthcare AB (Sweden), Medonica Co., Ltd. (South Korea), Eurotec Systems S.r.l (Italy), AMPall Co., Ltd. (South Korea), L’acn L’accessorio Nucleare S.R.L (Italy), Shenzhen XRAY Electric Co., Ltd. (China), YOZMA BMTech Co., Ltd. (South Korea), Nanoomtech Co., Ltd. (South Korea), Osteosys Corporation (South Korea), FURUNO Electric Co., Ltd. (Japan), Xianyang Kanrota Digital Ultrasound System, Co., Ltd. (China), XinGaoYi Co., Ltd. (China), Anjue Medical Equipment (China), Guangzhou Medsinglong Medical Equipment Co., Ltd. (China), Trivitron Healthcare (India), OsCare Medical Oy (Finland), CyberLogic, Inc. (US), and Nanjing Kejin Industrial Co., Ltd. (China).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Bone Densitometer market based on the below-mentioned segments:
Global Bone Densitometer Market, By Technology
Dual Energy X-ray Absorptiometry (DXA)
Ultrasound
Other Technologies
Global Bone Densitometer market, By Application
Central Scan
Peripheral Scan
Global Bone Densitometer Market, By End User
Hospitals
Clinics
Other Medical Facilities
Global Bone Densitometer market, Regional Analysis
A bone densitometer, often known as a DXA machine, is a device that evaluates the reduced bone and bone mineral density in a bone segment using a small amount of ionizing radiation. The central devices are used to measure the amount of bone in the hip and spine, and they frequently have an arm lifted upward. Devices used to assess bone density in the elbows, heels, or hands are more portable. Because it requires no special preparations and takes less time than other procedures, it is the accepted method for diagnosing osteoporosis. It is also used to estimate a person's risk of developing osteoporotic fractures.
Because of rising rates of osteoporosis and vitamin D deficiency, a growing geriatric population, technological developments in the field of bone densitometry, and favorable reimbursement scenarios in developed economies, the global market for bone densitometers is predicted to expand. The market is comprehensively evaluated in the study on the global bone densitometer market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.
With the aid of bone densitometers, osteoporosis, osteopenia, and illnesses including osteomalacia, osteoarthritis, and osteoporotic fractures that cause bone degradation can be identified and treated. Patients' bone densities are measured using bone densitometers to estimate their risk of developing certain disorders. An osteoporotic fracture happens every three seconds worldwide, according to the International Osteoporosis Foundation (IOF), which estimates that osteoporosis causes more than 8.9 million fractures each year. In China, it is predicted that there will be 286.6 million cases of osteoporosis and osteopenia by 2020 and 533.3 million cases by 2050, according to an IOF study. Over the past 30 years, the prevalence of hip fractures has increased two- to three-fold in the majority of Asian nations. Asia will account for more than 50% of all osteoporotic fractures by 2050. The demand for efficient diagnostic methods will rise dramatically in response to the rising prevalence of osteoporosis, which will also raise demand for bone densitometers.
A common technique for determining bone mineral density is dual-energy X-ray absorptiometry (DEXA). However, one of the main problems preventing the widespread use of DEXA scanners in developing nations is their relatively high price. These goods typically cost between USD 9,180 and USD 199,000. Most small and medium-sized hospitals with restricted funding cannot afford these systems and instead favor conventional systems that are much less expensive. This could restrict the use of detectors in transitioning traditional analog systems to digital systems, posing a significant market issue. In addition, hospitals that invest in such pricey systems frequently rely on third-party payers (such Medicare, Medicaid, or commercial health insurance plans) to cover the costs of the diagnostic, screening, and therapeutic treatments carried out with the aid of these systems. Due to reasons including ongoing reductions in reimbursements for diagnostic imaging scans and bone density testing as well as the rising costs of these devices, medium-sized and small healthcare facilities are unable to invest in cutting-edge technology.
Since densitometers based on this technology are often employed, axial bone densitometry has a sizable market share. Axial bone densitometers' capacity to meet a variety of therapeutic needs can be attributed to the increased adoption rate, which is significant given the high prevalence of osteoporosis in the general population. Axial bone densitometry accounted for the majority of the market since densitometers developed with this technology were so widely used. The increasing adoption rate of this kind of densitometer is explained by the fact that it meets a variety of clinical requirements. These mostly comprise of dual-energy central x-ray absorptiometry-based devices, which are crucial for accurate results in diagnostic operations.
Report Coverage
Global Bone Densitometer research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Bone Densitometer report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Bone Densitometer competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Bone Densitometer market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | GE Healthcare (US), Hologic, Inc. (US), OSI Systems, Inc. (US), Diagnostic Medical Systems Group (France), Swissray Global Healthcare Holding, Ltd. (Taiwan), BeamMed, Ltd. (Israel), Echolight S.P.A (Italy), Scanflex Healthcare AB (Sweden), Medonica Co., Ltd. (South Korea), Eurotec Systems S.r.l (Italy), AMPall Co., Ltd. (South Korea), L’acn L’accessorio Nucleare S.R.L (Italy), Shenzhen XRAY Electric Co., Ltd. (China), YOZMA BMTech Co., Ltd. (South Korea), Nanoomtech Co., Ltd. (South Korea), Osteosys Corporation (South Korea), FURUNO Electric Co., Ltd. (Japan), Xianyang Kanrota Digital Ultrasound System, Co., Ltd. (China), XinGaoYi Co., Ltd. (China), Anjue Medical Equipment (China), Guangzhou Medsinglong Medical Equipment Co., Ltd. (China), Trivitron Healthcare (India), OsCare Medical Oy (Finland), CyberLogic, Inc. (US), and Nanjing Kejin Industrial Co., Ltd. (China). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Bone Densitometer Market from 2021 to 2030.
- Market Forecast for Bone Densitometer Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Bone Densitometer competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Bone Densitometer
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Bone Densitometer market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Bone Densitometer market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
GE Healthcare (US), Hologic, Inc. (US), OSI Systems, Inc. (US), Diagnostic Medical Systems Group (France), Swissray Global Healthcare Holding, Ltd. (Taiwan), BeamMed, Ltd. (Israel), Echolight S.P.A (Italy), Scanflex Healthcare AB (Sweden), Medonica Co., Ltd. (South Korea), Eurotec Systems S.r.l (Italy), AMPall Co., Ltd. (South Korea), L’acn L’accessorio Nucleare S.R.L (Italy), Shenzhen XRAY Electric Co., Ltd. (China), YOZMA BMTech Co., Ltd. (South Korea), Nanoomtech Co., Ltd. (South Korea), Osteosys Corporation (South Korea), FURUNO Electric Co., Ltd. (Japan), Xianyang Kanrota Digital Ultrasound System, Co., Ltd. (China), XinGaoYi Co., Ltd. (China), Anjue Medical Equipment (China), Guangzhou Medsinglong Medical Equipment Co., Ltd. (China), Trivitron Healthcare (India), OsCare Medical Oy (Finland), CyberLogic, Inc. (US), and Nanjing Kejin Industrial Co., Ltd. (China).
Primary Target Market
- Market Players of Bone Densitometer
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Bone Densitometer market based on the below-mentioned segments:
Global Bone Densitometer Market, By Technology
Dual Energy X-ray Absorptiometry (DXA)
Ultrasound
Other Technologies
Global Bone Densitometer market, By Application
Central Scan
Peripheral Scan
Global Bone Densitometer Market, By End User
Hospitals
Clinics
Other Medical Facilities
Global Bone Densitometer market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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