The overall bone densitometers market though matured in the developed parts of the world, will witness steady and consistent growth from emerging economies over the upcoming years. As the prevalence of conditions such as osteoporosis, osteogenesis imperfecta is growing globally, the demand for diagnostic and monitoring equipment such as bone densitometers will correspondingly rise. Osteoporosis is a critical and the most common bone disorder contributing to millions of bone fractures worldwide, leading to multi-billion cost burden.

The purpose of this research study titled ‘Bone Densitometers Market - Growth, Future Prospects, and Competitive Analysis, 2023 – 2030’ is to provide investors, developers, company executives and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global bone densitometers market. This report presents and analyzes the major trends prevalent in the global bone densitometers market and the market size and forecast.

This report categorizes the global bone densitometers market in terms of technology, usage areas and geographical distribution. Based on technology, the global bone densitometers market is categorized into Axial Bone Densitometry (dual energy X-ray absorptiometry (DEXA) and quantitative computed tomography (QCT)) and peripheral bone densitometry (single energy X-ray absorptiometry (SEXA), peripheral dual energy X-ray absorptiometry (pDEXA), radiographic absorptiometry (RA) quantitative ultrasound (QUS) and Peripheral Quantitative Computed Tomography (pQCT)). Whereas hospitals and specialty clinics, diagnostic centers, and research and academia are the usage areas for bone densitometers. 

This report also includes qualitative assessment factors such as market dynamics (drivers, restraints and opportunities) to have a good understanding of the current and anticipated trends in the global bone densitometers market. Competition assessment tools such as market attractiveness assessment and competitive landscape analysis by key players are also demonstrated in the study. Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the bone densitometers market. The key players profiled in this report are BeamMed Ltd., CooperSurgical, Inc., CompuMed, Inc., Diagnostic Medical Systems S.A., GE Healthcare, Hologic, Inc., Medonica Co., Ltd., Osteometer Meditech, Inc., Osteosys Co. Ltd., Lone Oak Medical Technologies, LLC and Swissray International, Inc.

Between axial and peripheral bone densitometry, the latter is observed to hold the larger revenue share in the overall bone densitometers market. Better outcomes, reduced cost and portability of these devices contribute to higher adoption of peripheral densitometers in the global market. Portable peripheral bone densitometers are opined to be cheap, easy to use and safe and also augment cost effectiveness of DEXA selection through identifying patients that are at higher risk of osteoporosis. Peripheral bone densitometry also provides benefits by assisting in defining lifestyle and healthcare advice and also play an important role in prevention and management of osteoporosis across all eligible patient groups.

Due to increasing hospitalization rate for fractures and other bone disorders hospitals clearly dominate the end users in bone densitometers market. Being the earliest adopters of bone densitometers and anticipating the continued trend, it is anticipated that hospitals and specialty clinics will continue to dominate the market. Additionally, growth in demand for newer therapeutics for osteoporosis has urged the growth in adoption of bone densitometry solutions in research and academia. It is anticipated that this segment will witness significant growth during the forecast period. Use of bone densitometers is also expected to pick pace in diagnostic centers through the forecast period.

Geographically, the global bone densitometers market is cumulative to North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Bone densitometers help is diagnosis and prediction of risk fracture incidence among patients with poor bone density. Rise in medical tourism has supported the steady growth of bone densitometers market, particularly in medical tourism hubs in Asia Pacific. The major areas of treatments through medical tourism are cardiovascular conditions, orthopedics and oncology. Surge of number of patients to medical tourism for orthopedic treatments is expected to spur the demand for bone densitometers in Asia Pacific market. North America currently dominates the global bone densitometers market. Advanced status of healthcare infrastructure, better reimbursement policies and higher awareness among patients and caregivers majorly contribute to the dominance of North America in the global market.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Bone Densitometers market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Bone Densitometers market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Bone Densitometers market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Bone Densitometers market?
• Which is the largest regional market for Bone Densitometers market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Bone Densitometers market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Bone Densitometers market worldwide?