San Francisco, 5 December 2018: The global bone densitometers market is
expected to reach USD 1.2 billion by 2025, according to a new study by Grand
View Research, Inc. The growing prevalence of metabolic bone diseases is
believed to be responsible for the high clinical urgency to adopt bone
densitometers, thereby impelling the market demand. Growing base of geriatric
and obese population, which is highly susceptible to developing disorders such
as osteoporosis, is anticipated to propel the demand further. The
aforementioned factors are slated to present the market with lucrative growth
opportunities over the coming years.
Moreover, presence of consistent number of
health initiatives to promote awareness pertaining to osteoporosis is
anticipated to broaden market growth potential over the coming years. For
instance, National Osteoporosis Foundation (NOF), a government healthcare
organization that conducts National Bone Health Alliance and Fracture Liaison
Service (FLS) care coordination programs, is focused on elevating awareness
levels pertaining to available diagnostic & treatment alternatives for
osteoporosis. It also encourages training of healthcare professionals for
efficient management of osteoporosis.
In addition, advent of technologically
advanced devices, such as portable densitometers, is presumed to fuel their
adoption in home healthcare. Other technological advancements include
implementation of advanced hip assessment software into DXA systems that
enabled noninvasive assessment of proximal femur structural geometry.
Additional associated benefits include depiction of wide array of parameters
such as skeletal mapping, hip axis length assessment, areal BMD determination,
and cross-sectional area & the femoral strength index.
Access
Research Report of Bone Densitometers
Market @ www.grandviewresearch.com/industry-analysis/bone-densitometers-market
Further Key Findings From the Study Suggest:
· Peripheral bone densitometry is expected to
exhibit lucrative CAGR owing to increasing adoption in wide array of clinical
applications. The high penetration can be attributed to efficient peripheral
fracture risk assessment, not achievable by other technologies
· Clinics are anticipated to exhibit
lucrative CAGR during the forecast period owing to advent of portable
densitometers that are increasingly being preferred by clinicians due to
associated benefits such as compact size, accuracy, and ease of transportation
· In 2016, North America held a dominant
share of the global bone densitometers market, as a consequence of increasing
localized presence of prominent companies undertaking competitive
sustainability strategies
· Asia Pacific is anticipated to grow at an
exponential CAGR due to unmet patient needs, continuous technological &
infrastructural upgradation, and growing healthcare expenditure
· Some key participants implement various
competitive strategies, such as new product development & frequent product
approvals, to maintain their position in the market
· For instance, in October 2016, BeamMed
launched neonatal bone growth assessment software for premature babies, which
is compatible with most of the densitometer tools
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the bone
densitometers market on the basis of technology, end use, and region:
Bone Densitometers Technology Outlook
(Revenue, USD Million, 2014 - 2025)
·
Axial Bone Densitometry
·
Peripheral Bone Densitometry
Bone Densitometers End-Use Outlook (Revenue, USD Million,
2014 - 2025)
·
Hospitals
·
Clinics
Bone Densitometers Regional Outlook
(Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
MEA
Access Press Release of
Bone Densitometers Market@ www.grandviewresearch.com/press-release/global-bone-densitometers-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.