Press release
Global Osteoporosis Testing Market: Trends & Growth Forecast 2024-2031 | Major Companies - GE Healthcare, DMS Imaging, Swissray, BeamMed, Hologic
The Global Osteoporosis Testing Market reached USD 383.5 million in 2022 and is projected to witness lucrative growth by reaching up to USD 566.8 million by 2030. The global osteoporosis testing market is expected to exhibit a CAGR of 5.1% during the forecast period (2023-2030).Osteoporosis Testing Market is comprehensively covered in the DataM Intelligence report, which offers critical data, industry trends, and market intelligence. The study delves into the competitive environment, assessing leading players on their product portfolios, pricing, financial health, strategic growth initiatives, and geographic expansion.
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Osteoporosis testing typically involves a bone mineral density (BMD) scan, most commonly using dual-energy X-ray absorptiometry (DXA) to measure bone strength and fracture risk. This quick, non-invasive test assesses key areas like the hip and spine, with results compared to healthy young adults (T-score) or age-matched peers (Z-score). Other methods include quantitative ultrasound (QUS) and CT scans, while risk assessments like FRAX® help evaluate fracture probability. Early detection through testing allows for lifestyle changes or treatments to prevent bone loss and fractures, especially in postmenopausal women and older adults.
Major players in the Osteoporosis Testing market
The prominent players in Osteoporosis Testing market research report are: GE Healthcare, DMS Imaging, Swissray, BeamMed, Hologic, OSTEOSYS, Scanflex Healthcare, CompuMed, FUJIFIL, and Trivitron Healthcare
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Osteoporosis Testing Market Key Development
In 2022, the University Hospitals of Geneva (HUG) and the University of Geneva (UNIGE) introduced a novel blood-based diagnostic tool for assessing bone fragility, licensed by ProAxsis for use in Europe and Switzerland. Similarly, MEDIMAPS GROUP launched its AI-enhanced Trabecular Bone Score (TBS iNsight) on OsteoSys' DXA platforms, improving fracture risk prediction through advanced bone microarchitecture analysis. Both innovations offer non-invasive methods to enhance osteoporosis diagnosis-one via blood testing, the other through AI-powered imaging.
Meanwhile, the AMGA Foundation and Amgen took a different approach in 2021 with their Osteoporosis Best Practices Learning Collaborative, a year-long program focused on improving clinical strategies to reduce fractures. While not a diagnostic tool, this initiative emphasizes knowledge-sharing and systemic care improvements, complementing technological advancements like those from HUG, MEDIMAPS, and ProAxsis. Together, these developments highlight a multi-faceted push toward better osteoporosis management-through cutting-edge diagnostics and collaborative care optimization.
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Osteoporosis Testing Market Segments
By Type: X-Rays Scan, DEXA, FRAX Tool, Quantitative Ultrasound Scans
By End User: Hospital, Diagnostic Imaging Centers, Orthopedic Clinics, Ambulatory Surgery Centers
The Osteoporosis Testing industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Osteoporosis Testing Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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