Bone Densitometer Market growth.

The Global Bone Densitometer Market reached USD YY million in 2022 and is projected to grow to USD YY million by 2031 Exhibiting a high CAGR during the forecast period from 2024 to 2031.

 A bone densitometer is a medical imaging device used to measure bone density, helping to diagnose osteoporosis—a condition characterized by fragile bones prone to fractures. This densitometer employs X-rays to estimate the grams of calcium and other bone minerals present in a segment of bone. The increasing prevalence of osteoporosis and advancements in imaging technology are key factors driving the Global Bone Densitometer Market growth.

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Bone Densitometer Market dynamics

The Bone Densitometer Market dynamics are expected to be driven by the growing prevalence of osteoporosis during the forecast period. According to the International Osteoporosis Foundation, hip fractures are projected to increase by over 300% among males and 240% among females by 2050. This underscores the necessity for bone examinations, propelled by the rising incidence of osteoporosis and related conditions such as osteopenia, osteomalacia, and osteoporotic fractures.

Globally, osteoporosis leads to over 8.9 million fractures annually, resulting in an osteoporotic fracture every 3 seconds, as reported by the IOF. Additionally, the NIH estimates that over 200 million people suffer from osteoporosis. Statistics from the International Osteoporosis Foundation further indicate that 1 in 3 females over the age of 50 and 1 in 5 males are likely to experience osteoporotic fractures in their lifetime. The growing geriatric population and increased research activities are additional factors boosting the Bone Densitometer Market dynamics during the forecast period.

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Segmentations

By Technology: Dual Energy X-Ray Absorptiometry, Quantitative Computed Tomography, Quantitative Ultrasound, Radiographic Absorptiometry, Single Energy X-Ray Absorptiometry, Other

By Application: Peripheral Bone Densitometry, Axial Bone Densitometry

By End-User: Hospitals, Diagnostic Centers, and Specialty Clinics

Bone Densitometer Market Geographical analysis

The global bone densitometer market, primarily driven by the increasing post-menopausal female population in the region. For instance, according to the North American Menopause Society, more than 2 million women in the US reach menopause annually, and it is projected that by 2026, nearly one-quarter of Canada's residents will be females over 50. Furthermore, the presence of key market players like OSI Systems, Inc., Tecnicare Healthcare Co., Hologic, Inc., and GE Healthcare, who command a significant portion of the bone densitometer market, solidifies the region's dominance.

Key Players

GE Healthcare, Beamed, Diagnostic Medical System, Eco light Healthcare, Hologic Inc., Medonica, Stenosis, Swiss ray, OSI Systems, Inc. and Tecnicare Healthcare Co.

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