Rising awareness of the impact of fractures on the elderly people, the resulting healthcare expenditure, and availability of improved treatments for prevention of fractures have all contributed to increase in demand for bone densitometers
Albany, NY -- (SBWIRE) -- 12/04/2015 -- A growing global geriatric population that is prone to bone diseases has pushed the growth of the global bone densitometers market. The report presents a comprehensive study on the bone densitometers market and assesses the growth of the market during the period between 2013 and 2019. The report provides an overview of the market and discusses the use of bone densitometry in osteoporosis. The report points out the drivers and restraints affecting the growth of the market and also notes the various opportunities for the market to grow during the forecast horizon. The report also analyzes the effect of Porter's five forces on the market's growth.
The report studies the global bone densitometers market on the basis of technology and end user. The growth of the market in key geographical regions has also been mentioned in the report. The report describes the competitive landscape of the overall market and profiles some of the key players operating in the market. The report offers some valuable recommendations for the benefit of new entrants as well as existing players in the market.
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Overview of Global Bone Densitometers Market
The growing prevalence of osteoporosis, coupled with awareness about diagnosis of the disease through increased screening initiatives, has propelled the global bone densitometers market. Osteoporosis and other bone-related diseases are common among the geriatric population. According to the U.S. Department of Health and Human Services, around 1.5 billion people around the world would be aged 65 or above by 2050. The increase in life expectancy and growing geriatric population has further boosted the global bone densitometers market.
However, the report points out that the narrowing of insurance coverage for bone density tests will restrict the overall market. Adoption of refurbished devices owing to challenging economic conditions will also hamper the market during the forecast horizon. The report states that the advent of bone densitometers in oncology and demand from emerging economies such as Brazil, Japan, China, and India will create a huge opportunity for the global bone densitometers market.
On the basis of technology, the report segments the global bone densitometers market into peripheral bone densitometry and axial bone densitometry. Peripheral bone densitometry has been further sub-segmented into single energy X-ray absorptiometry (SEXA), dual energy X-ray absorptiometry (pDEXA), quantitative ultrasound (QUS), radiographic absorptiometry (RA), and peripheral quantitative computed tomography (pQCT).
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Axial bone densitometry has been sub-segmented into dual energy X-ray absorptiometry (DEXA) and quantitative computed tomography (QCT). The report points out that the demand for axial DEXA was the highest of all segments in 2012. During the forecast horizon, the peripheral QCT bone densitometers segment is expected to grow significantly.
The report studies the bone densitometers market in four key regions: Asia Pacific, Europe, North America, and Rest of the World. In 2012, North America dominated the overall market.
Companies mentioned in the research report:
Discussing the vendor landscape, the report profiles some of the key players in the global bone densitometers market, such as CooperSurgical Inc., Diagnostic Medical Systems SA, GE Healthcare Ltd., Osteometer MediTech Inc., Hologic Inc., BeamMed Ltd., and CompuMed Inc. The report provides insightful information about the key players such as their business strategies, company overview, financial overview, and product portfolio.
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