Bone Densitometers Market Research and Future Demand Outlook 2021 – GE Healthcare, Hologic Inc., Beammed, Swissray International Inc

The Global Bone Densitometers Market size is estimated to be USD 1.00 billion in 2019 and is predicted to reach USD 1.40 billion by 2030 with a CAGR of 3.1% from 2020-2030.

Bone density scanning is an enhanced version of X-ray technology that is used to measure bone loss and bone mineral density. Devices called as bone densitometers are used to conduct these exams. These devices are commonly used to diagnose osteoporosis and to assess an individual's risk for developing osteoporotic fractures.

Most of the devices used for bone density measurement are central devices, which are used to measure bone density in the hip and spine. Bone density is measured by the peripheral devices in the heel, wrist, or finger and are available in drugstores. Furthermore, consistent technological advancements enabled introduction of advanced devices such as integrated digital detectors and computer-assisted & ultrasound densitometers. These advanced devices exhibit high ease of operation as well as reduced measurement time. The ultrasound bone densitometers have enabled assessment in diverse medical specialties, such as gynaecology, endocrinology, and others. These innovations provides easy determination of osteoporosis and thus, open new avenues in the bone densitometers market.

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Top Companies: GE Healthcare, Hologic Inc., Beammed, Swissray International Inc., Osteosys Co. Ltd., Diagnostic Medical System SA, Medonica Co. Ltd., Osteometer Meditech, Lone Oak Medical Technologies LLC and Hitachi and others.

Market Dynamics and Trends:

Increasing prevalence of various metabolic bone diseases such as osteoporosis and osteomalacia across the globe is the major factor driving the growth of bone densitometers market. Post-menopausal women, and obese population are highly susceptible to bone diseases. Also, certain lifestyle-associated habits that include inactive lifestyle, alcohol abuse, and smoking are also some of the causes of bone diseases. The International Osteoporosis Foundation predicts that 44 million men and women have osteoporosis or low bone mass. This large population suffering with bone diseases drive the demand for bone densitometers. Moreover, increasing aging population and the availability of improved treatments for preventing fractures are also contributing to the growth of this market. However, high cost the devices and concerns regarding accuracy of results are likely to restrain the growth of bone densitometers market.

Bone densitometers market is a fragmented with large number of emerging as well as established players. This market is expected to experience intense competition based on various strategic initiatives taken by the players in this market. The companies mainly focus on partnerships, collaborations, mergers and acquisitions as their primary growth strategies. For instance, in December 2015 bb7 and Norland collaborated to develop and launch a bone densitometer. Also, Hitachi merged with Aloka Co., Ltd and introduced EggQus, a compact, portable ultrasound bone densitometry system at the European Radiology Congress (ECR) in 2015. Such developments enables the companies to enhance their existing product offerings and strengthen their position in the bone densitometers market.

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Market Segmentations and Scope of the Study:

The global Bone Densitometers market share is analyzed on the basis of technology, end user and geography. The technology segment covers the market for axial and peripheral bone densitometry. On the basis of end user the market is divided into hospitals, clinics, and other end users. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and Rest of the World.

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