Global Bone Densitometer Market Size Study, by Technology Type (Axial Bone Densitometry, Peripheral Bone Densitometry), by End Use (Hospitals, Clinics, Others), and Regional Forecasts 2022-2032

Description

The Global Bone Densitometer Market was valued at approximately USD 309.7 million in 2023 and is expected to witness a healthy growth rate of over 4.9% throughout the forecast period from 2024 to 2032. Bone densitometers are crucial medical devices utilized for measuring bone mineral density (BMD), primarily for diagnosing osteoporosis-a condition characterized by weakened bones and an increased risk of fractures. The most widely adopted technique, dual-energy X-ray absorptiometry (DEXA or DXA), provides accurate and reliable assessments of bone strength, playing a vital role in monitoring bone health, especially in postmenopausal women, older adults, and those at risk of bone fractures.

The aging global population is a significant driver of the bone densitometer market, as the susceptibility to osteoporosis and related conditions increases with age. This demographic shift is particularly prominent in regions like Japan, Europe, and the U.S., where the aging population is substantial, leading to a higher demand for bone density testing. Additionally, the rising prevalence of osteoporosis and other bone disorders, fueled by lifestyle changes, dietary insufficiencies, and a decline in physical activity, is propelling market growth. The increased incidence of these conditions necessitates early diagnosis and consistent monitoring, thereby boosting the adoption of bone densitometers in hospitals, clinics, and diagnostic centers. Also, technological advancements in bone densitometry, such as the refinement of DEXA and the introduction of quantitative ultrasound techniques, have significantly improved the accuracy, speed, and convenience of bone density assessments. These innovations have enhanced the reliability and accessibility of bone densitometers, driving their adoption across various healthcare settings.

Geographically, North America holds the largest share of the bone densitometer market, driven by collaborative efforts among key industry players to enhance R&D capabilities and maintain high medical standards. The significant burden of osteoporosis in the region further contributes to its market dominance. On the other hand, the Asia Pacific region is anticipated to witness exponential growth during the forecast period, attributed to the increasing demand to curb the rising prevalence of bone-related conditions, rising disposable income, and healthcare infrastructure advancements. The burgeoning interest in osteoporosis treatment in emerging economies like China and India also presents significant market expansion opportunities.

Major market players included in this report are:

GE Healthcare
Hologic Inc
beamed Ltd
CyberLogic, Inc.
CompuMed, Inc.
DMS Group
Demetech AB
Echolight S.P.A.
Eurotec Medical Systems SRL
Medonica Co. Ltd
Medilink Incorporation
Osteometer MediTech Inc
OsteoSys Corp
Scanflex Healthcare AB
Swissray International Inc.

The detailed segments and sub-segments of the market are explained below:

By Technology Type:

Axial Bone Densitometry
Peripheral Bone Densitometry

By End Use:

Hospitals
Clinics
Others

By Region:

North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Latin America
- Brazil
- Mexico
- RoLA
Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Bone Densitometer Market Executive Summary

1.1. Global Bone Densitometer Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Technology Type
- 1.3.2. By End Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Bone Densitometer Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Bone Densitometer Market Dynamics

3.1. Market Drivers
- 3.1.1. Aging Population
- 3.1.2. Rising Prevalence of Osteoporosis and Bone Disorders
- 3.1.3. Technological Advancements
3.2. Market Challenges
- 3.2.1. High Costs of Bone Densitometers
3.3. Market Opportunities
- 3.3.1. Growing Awareness and Preventive Healthcare
- 3.3.2. Emerging Markets

Chapter 4. Global Bone Densitometer Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Bone Densitometer Market Size & Forecasts by Technology Type 2022-2032

5.1. Segment Dashboard
5.2. Global Bone Densitometer Market: Technology Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Axial Bone Densitometry
- 5.2.2. Peripheral Bone Densitometry

Chapter 6. Global Bone Densitometer Market Size & Forecasts by End Use 2022-2032

6.1. Segment Dashboard
6.2. Global Bone Densitometer Market: End Use Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Hospitals
- 6.2.2. Clinics
- 6.2.3. Others

Chapter 7. Global Bone Densitometer Market Size & Forecasts by Region 2022-2032

7.1. North America Bone Densitometer Market
- 7.1.1. U.S. Bone Densitometer Market
  - 7.1.1.1. Technology Type breakdown size & forecasts, 2022-2032
  - 7.1.1.2. End Use breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Bone Densitometer Market
7.2. Europe Bone Densitometer Market
- 7.2.1. U.K. Bone Densitometer Market
- 7.2.2. Germany Bone Densitometer Market
- 7.2.3. France Bone Densitometer Market
- 7.2.4. Spain Bone Densitometer Market
- 7.2.5. Italy Bone Densitometer Market
- 7.2.6. Rest of Europe Bone Densitometer Market
7.3. Asia-Pacific Bone Densitometer Market
- 7.3.1. China Bone Densitometer Market
- 7.3.2. India Bone Densitometer Market
- 7.3.3. Japan Bone Densitometer Market
- 7.3.4. Australia Bone Densitometer Market
- 7.3.5. South Korea Bone Densitometer Market
- 7.3.6. Rest of Asia Pacific Bone Densitometer Market
7.4. Latin America Bone Densitometer Market
- 7.4.1. Brazil Bone Densitometer Market
- 7.4.2. Mexico Bone Densitometer Market
- 7.4.3. Rest of Latin America Bone Densitometer Market
7.5. Middle East & Africa Bone Densitometer Market
- 7.5.1. Saudi Arabia Bone Densitometer Market
- 7.5.2. South Africa Bone Densitometer Market
- 7.5.3. Rest of Middle East & Africa Bone Densitometer Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. GE Healthcare
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Hologic Inc
- 8.3.3. beamed Ltd
- 8.3.4. CyberLogic, Inc.
- 8.3.5. CompuMed, Inc.
- 8.3.6. DMS Group
- 8.3.7. Demetech AB
- 8.3.8. Echolight S.P.A.
- 8.3.9. Eurotec Medical Systems SRL
- 8.3.10. Medonica Co. Ltd
- 8.3.11. Medilink Incorporation
- 8.3.12. Osteometer MediTech Inc
- 8.3.13. OsteoSys Corp
- 8.3.14. Scanflex Healthcare AB
- 8.3.15. Swissray International Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes