Bone Densitometer Market Scenario
Rising geriatric population, rising prevalence of kidney disease and rising incidence of osteoporosis are some of the major factors propelling the bone densitometer market globally. Furthermore, growth opportunities in emerging markets is also one of the factor propelling the growth of bone densitometer market. However, high cost of bone densitometers is one of the major factor expected to hamper the global growth of the market.
Bone Densitometer Market Segmentation
The Bone Densitometer Market is segmented by Type, Application, End User and Geography. Bone densitometers are manufactured by various Types such as Dual-Energy X-Ray Absorptiometry Scanners and Peripheral Bone Densitometers (Quantitative Ultrasound Scanners and Radiographic Absorptiometry Scanners). Furthermore, Various Applications of this market are Osteoporosis & Osteopenia Diagnosis, Cystic Fibrosis Diagnosis, Chronic Kidney Disease Diagnosis, Body Composition Measurement and Rheumatoid Arthritis Diagnosis. Likewise, Major End User of bone densitometer are Hospitals & Specialty Clinics, Diagnostic & Imaging Centers and Other End Users. Based on Geography, the Bone densitometer Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.
Bone Densitometer Market by Geography
Based on geography, the bone densitometer market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. In 2019, North America accounted for the largest share of the market. Numerous collaborative efforts undertaken by key companies in this region to improve their R&D capabilities and maintain high medical standards are anticipated to propel the demand across this region.
Bone Densitometer Market Key Players
Some of the major players operating in the global bone densitometer market includes GE Healthcare, Hologic, Inc., OSI Systems, Inc., Diagnostic Medical Systems Group, Swissray Global Healthcare Holding, Ltd., Beammed, Ltd., Echolight S.P.A, Scanflex Healthcare AB, Medonica Co., Ltd., Eurotec Medical Systems S.R.L., Ampall Co., Ltd., L’acn L’accessorio Nucleare S.R.L, Shenzen Xray Electric Co., Ltd. and Yozma Bmtech Co., Ltd. Many companies in this market implement initiatives such as mergers and acquisitions, product developments, and geographic penetration to compete in the market. The other strategies incorporated are mergers & acquisitions, high R&D investment, and agreements for new product development.
Bone Densitometer Market Report Key Benefits