Bone Density Test Market Information: By Type (Central Dual-Energy X-Ray Absorptiometry (DXA), Radiographic Absorptiometry), Indication (Osteoporosis, Hyperthyroidism,), Device (Central DEXA Scan Machine), End User (Hospitals) - Global Forecast Till 2027
ID: MRFR/LS/3340-HCR | | Region: Global | 110 pages
Market Synopsis of the Global Bone Density Test Market
Bone density test determines the density of bones and chances of the bone being broken. Central dual-energy X-ray absorptiometry (DXA) test is recommended for testing the bone density of hip and spine. Bone density test used in the diagnosis of osteoporosis, and osteopenia. The osteoporosis mostly occurs in women after the menopause but may also be present in males. The condition is less common in adults and children.
Rising prevalence of osteoporosis, osteopenia, hyperthyroidism, and increasing demand for portable bone testing devices drive the market growth. Furthermore, the demand for diagnosis and treatment measures for osteoporosis also influence the market growth. Additionally, the demand for technologically advanced devices drives the market growth.
According to the International Osteoporosis Foundation, osteoporosis causes more than 8.9 million fractures annually, resulting in an osteoporotic fracture every 3 seconds across the globe. It also stated that osteoporosis affected an estimated 75 million people in Europe, the US, and Japan.
The global bone density test market is expected to grow at a CAGR of 7.2% during the forecast period.
FIGURE 1: Global Bone Density Test Market by Region, 2016 (%)
Source: World Health Organization, Centers for Disease Control and Prevention, European Society of Clinical Microbiology and Infectious Diseases, U.S. National Library of Medicine, National Organization for Rare Disorders, The American Autoimmune Related Diseases Association, The International Society for Human and Animal Mycology, Expert Interview Market Research Future Analysis, Annual report, White paper, Company Presentation
Key Players in the Global Bone Density Test Market
Some of the key players in this market are General Electric Company (U.S.), Hologic Inc. (U.S), BeamMed Ltd. (Israel), Swissray (U.S.), Osteosys Corp (South Korea), DMS Imaging (France), Medonica Co. LLTb (South KOrea), Osteometer Meditech Inc. (U.S), and Lone Oak Medical Technologies, LLC (U.S.)
Segments
The global bone density test market is segmented on the basis of type, indication, devices, and end user.
On the basis of the type, the market is segmented into Central dual-energy x-ray absorptiometry (DXA), peripheral tests, radiographic absorptiometry, and others.
Peripheral tests is further segmented into peripheral dual energy X-ray absorptiometry (pDXA), quantitative ultrasound (QUS), and peripheral quantitative computed tomography (pQCT).
On the basis of the indication, the market is segmented into osteoporosis, osteopenia, hyperthyroidism, hyperparathyroidism, and others.
On the basis of devices, the market is segmented into central DEXA scan machine and hand held devices.
On the basis of end user, the market is segmented into hospitals, clinics, diagnostic centers, and others.
Research Methodology
Source: World Health Organization, Centers for Disease Control and Prevention, European Society of Clinical Microbiology and Infectious Diseases, U.S. National Library of Medicine, National Organization for Rare Disorders, The American Autoimmune Related Diseases Association, The International Society for Human and Animal Mycology, Expert Interview Market Research Future Analysis, Annual report, White paper, Company Presentation
Regional Analysis of the Global Bone Density Test Market
The Americas hold the first position in global bone density test market owing to the rising prevalence of osteoporosis and other bone disorders, and increasing demand for hand held devices for bone density test. The prevalence of osteoporosis is found to be higher in the population over 35 years of age. Changing lifestyle, emphasis on fitness and exercise, and overall development of medical device industry also accelerate the growth of the market.
Europe is the second largest market for bone density test. In European countries the prevalence of osteoporosis has been increasing from the last few years. Furthermore, increasing demand for portable and hand held devices for the diagnosis of osteoporosis and osteopenia add fuel to the growth of the market. However, changing population demographics likely to affect the prevalence of osteoporosis in the European Union (EU).
The Asia Pacific market is expected to grow rapidly and is driven by the rising prevalence of osteoporosis in women after menopause. Additionally, increasing awareness regarding women healthcare and nutrition also influence the market growth. Japan is the largest bone density test market in Asia Pacific region. Rising healthcare expenditure, and extensive growth of medical device industry also boost the demand for the medical devices for diagnosis of various diseases such as osteoporosis, diabetes, cancer, and others.
The Middle East & Africa also show a steady rise in the market owing to low demand for the bone density tests than the developed nations, and emphasis on primary care services.
Intended Audience
- Drug Manufacturers
- Drug Suppliers
- Medical Research Laboratories
- Research and Development (R&D) Companies
- Market Research and Consulting Service Providers
- Potential Investors
Frequently Asked Questions (FAQ) :
Bone density test market is projected to grow at approximately 7.2% CAGR during the assessment period (2017-2023).
Increasing prevalence of communicable diseases in rural areas and growing numbers of R&D activities, are the major tailwinds pushing the growth of the global bone density test market.
Strict regulatory rules and long approval time for the drugs are major growth impeders for the global bone density test market.
North America holds the largest share in the global bone density test market, followed by Europe and the Asia Pacific, respectively.
Hologic Inc. (U.S), General Electric Company (U.S.), BeamMed Ltd. (Israel), Osteosys Corp (South Korea), Swissray (U.S.), DMS Imaging (France), Osteometer Meditech Inc. (U.S), Medonica Co. LLTb (South Korea), and Lone Oak Medical Technologies, LLC (U.S.), are some of the top players operating in the global bone density test market.
Table of Content
1. Report Prologue
2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary research
3.4 Market Size Estimation
4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
6. Global Bone Density Test Market, by Type
6.1 Introduction
6.2 Central dual-energy X-ray absorptiometry (DXA)
6.2.1 Market Estimates & Forecast, 2020-2027
6.3 peripheral tests
6.3.1 Market Estimates & Forecast, 2020-2027
6.4 Radiographic Absorptiometry
6.4.1 Market Estimates & Forecast, 2020-2027
7. Global Bone Density Test Market, by Indication
7.1 Introduction
7.2 Osteoporosis
7.2.1 Market Estimates & Forecast, 2020-2027
7.3 Osteopenia
7.3.1 Market Estimates & Forecast, 2020-2027
7.4 Hyperthyroidism
7.4.1 Market Estimates & Forecast, 2020-2027
7.5 Hyperparathyroidism
7.5.1 Market Estimates & Forecast, 2020-2027
8. Global Bone Density Test Market, by Devices
8.1 Introduction
8.2 Central DXA Scan Machine
8.2.1 Market Estimates & Forecast, 2020-2027
8.3 Hand Held Devices
8.3.1 Market Estimates & Forecast, 2020-2027
9. Global Bone Density Test Market, by End User
9.1 Introduction
9.2 Hospitals
9.2.1 Market Estimates & Forecast, 2020-2027
9.3 Clinics
9.3.1 Market Estimates & Forecast, 2020-2027
9.4 Diagnostic Centers
9.4.1 Market Estimates & Forecast, 2020-2027
10. Global Bone Density Test Market, by Region
10.1 Introduction
10.2 Americas
10.2.1 North America
10.2.1.1 U.S.
10.2.1.1 Canada
10.2.2 South America
10.3 Europe
10.3.1 Western Europe
10.3.1.1 Germany
10.3.1.2 France
10.3.1.3 U.K
10.3.1.4 Italy
10.3.1.5 Spain
10.3.1.6 Rest of Western Europe
10.3.2 Eastern Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 Republic of Korea
10.4.6 Rest of Asia Pacific
10.5 The Middle East & Africa
10.5.1 United Arab Emirates
10.5.2 Saudi Arabia
10.5.3 Oman
10.5.4 Kuwait
10.5.5 Qatar
10.5.6 Rest of the Middle East & Africa
11 Company Landscape
11.1 Introduction
11.2 Market Share Analysis
11.3 Key Development & Strategies
11.3.1 Key Developments
12 Company Profiles
12.1 GENERAL ELECTRIC COMPANY
12.1.1 Company Overview
12.1.2 Product Overview
12.1.3 Financials
12.1.4 SWOT Analysis
12.2 Hologic Inc.
12.2.1 Company Overview
12.2.2 Product Overview
12.2.3 Financial Overview
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.3 BEAMMED LTD.
12.3.1 Company Overview
12.3.2 Product Overview
12.3.3 Financial Overview
12.3.4 Key Development
12.3.5 SWOT Analysis
12.4 Swissray
12.4.1 Company Overview
12.4.2 Product/Business Segment Overview
12.4.3 Financial Overview
12.4.4 Key Development
12.4.5 SWOT Analysis
12.5 DMS Imaging
12.5.1 Company Overview
12.5.2 Product Overview
12.5.3 Financial overview
12.5.4 Key Developments
12.6 Osteosys Corp
12.6.1 Company Overview
12.6.2 Product Overview
12.6.3 Financial Overview
12.6.4 Key Developments
12.7 DMS Imaging
12.7.1 Overview
12.7.2 Product Overview
12.7.3 Financials
12.7.4 Key Developments
12.7.5 SWOT Analysis
12.8 Medonica Co. LLT
12.8.1 Overview
12.8.2 Product Overview
12.8.3 Financials
12.8.4 Key Developments
12.8.5 SWOT Analysis
12.9 Others
13 MRFR Conclusion
13.1 Key Findings
13.1.1 From CEO’s View Point
13.1.2 Unmet Needs of the Market
13.2 Key Companies to Watch
13.3 Prediction of Medical Device Industry
14 Appendix
LIST OF TABLES
Table 1 Bone Density Test Industry Synopsis, 2020-2027
Table 2 Global Bone Density Test Market Estimates and Forecast, 2020-2027, (USD Million)
Table 3 Global Bone Density Test Market by Region, 2020-2027, (USD Million)
Table 4 Global Bone Density Test Market by Types, 2020-2027, (USD Million)
Table 5 Global Bone Density Test Market by Indication, 2020-2027, (USD Million)
Table 6 Global Bone Density Test Market by Devices, 2020-2027, (USD Million)
Table 7 Global Bone Density Test Market by End Users, 2020-2027, (USD Million)
Table 8 North America Bone Density Test Market by Types, 2020-2027, (USD Million)
Table 9 North America Bone Density Test Market by Indication, 2020-2027, (USD Million)
Table 10 North America Bone Density Test Market by Devices, 2020-2027, (USD Million)
Table 11 North America Bone Density Test Market by End Users, 2020-2027, (USD Million)
Table 12 US Bone Density Test Market by Types, 2020-2027, (USD Million)
Table 13 US Bone Density Test Market by Indication, 2020-2027, (USD Million)
Table 14 US Bone Density Test Market by Devices, 2020-2027, (USD Million)
Table 15 US Bone Density Test Market by End Users, 2020-2027, (USD Million)
Table 16 Canada Bone Density Test Market by Types, 2020-2027, (USD Million)
Table 17 Canada Bone Density Test Market by Indication, 2020-2027, (USD Million)
Table 18 Canada Bone Density Test Market by Devices, 2020-2027, (USD Million)
Table 19 Canada Bone Density Test Market by End Users, 2020-2027, (USD Million)
Table 20 South America Bone Density Test Market by Types, 2020-2027, (USD Million)
Table 21 South America Bone Density Test Market by Indication, 2020-2027, (USD Million)
Table 22 South America Bone Density Test Market by Devices, 2020-2027, (USD Million)
Table 23 South America Bone Density Test Market by End Users, 2020-2027, (USD Million)
Table 24 Europe Bone Density Test Market by Types, 2020-2027, (USD Million)
Table 25 Europe Bone Density Test Market by Indication, 2020-2027, (USD Million)
Table 26 Europe Bone Density Test Market by Devices, 2020-2027, (USD Million)
Table 27 Europe Bone Density Test Market by End Users, 2020-2027, (USD Million)
Table 28 Western Europe Bone Density Test Market by Types, 2020-2027, (USD Million)
Table 29 Western Europe Bone Density Test Market by Indication, 2020-2027, (USD Million)
Table 30 Western Europe Bone Density Test Market by Devices, 2020-2027, (USD Million)
Table 31 Western Europe Bone Density Test Market by End Users, 2020-2027, (USD Million)
Table 32 Eastern Europe Bone Density Test Market by Types, 2020-2027, (USD Million)
Table 33 Eastern Europe Bone Density Test Market by Indication, 2020-2027, (USD Million)
Table 34 Eastern Europe Bone Density Test Market by Devices, 2020-2027, (USD Million)
Table 35 Eastern Europe Bone Density Test Market by End Users, 2020-2027, (USD Million)
Table 36 Asia Pacific Bone Density Test Market by Types, 2020-2027, (USD Million)
Table 37 Asia Pacific Bone Density Test Market by Indication, 2020-2027, (USD Million)
Table 38 Asia Pacific Bone Density Test Market by Devices, 2020-2027, (USD Million)
Table 39 Asia Pacific Bone Density Test Market by End Users, 2020-2027, (USD Million)
Table 40 Middle East & Africa Bone Density Test Market by Types, 2020-2027, (USD Million)
Table 41 Middle East & Africa Bone Density Test Market by Indication, 2020-2027, (USD Million)
Table 42 Middle East & Africa Bone Density Test Market by Devices, 2020-2027, (USD Million)
Table 43 Middle East & Africa Bone Density Test Market by End Users, 2020-2027, (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation for Global Bone Density Test Market
Figure 3 Segmentation Market Dynamics for Bone Density Test Market
Figure 4 Global Bone Density Test Market Share, by Indication 2020
Figure 5 Global Bone Density Test Market Share, by Devices 2020
Figure 6 Global Bone Density Test Market Share, by End Users, 2020
Figure 7 Global Bone Density Test Market Share, by Region, 2020
Figure 8 North America Bone Density Test Market Share, by Country, 2020
Figure 9 Europe Bone Density Test Market Share, by Country, 2020
Figure 10 Asia Pacific Bone Density Test Market Share, by Country, 2020
Figure 11 Middle East & Africa Bone Density Test Market Share, by Country, 2020
Figure 12 Global Bone Density Test Market: Company Share Analysis, 2020 (%)
Figure 13 GENERAL ELECTRIC COMPANY: Key Financials
Figure 14 GENERAL ELECTRIC COMPANY: Segmental Revenue
Figure 16 GENERAL ELECTRIC COMPANY: Geographical Revenue
Figure 17 Hologic Inc.: Key Financials
Figure 18 Hologic Inc.: Segmental Revenue
Figure 19 Hologic Inc.: Geographical Revenue
Figure 20 BEAMMED LTD.: Key Financials
Figure 21 BEAMMED LTD.: Segmental Revenue
Figure 22 BEAMMED LTD.: Geographical Revenue
Figure 23 Swissray: Key Financials
Figure 24 Swissray: Segmental Revenue
Figure 25 Swissray: Geographical Revenue
Figure 26 Osteosys Corp : Key Financials
Figure 27 Osteosys Corp : Segmental Revenue
Figure 28 Osteosys Corp : Geographical Revenue
Figure 29 DMS Imaging: Key Financials
Figure 30 DMS Imaging: Segmental Revenue
Figure 31 DMS Imaging: Geographical Revenue
Figure 32 Medonica Co. LLT: Key Financials
Figure 33 Medonica Co. LLT: Segmental Revenue
Figure 34 Medonica Co. LLT: Geographical Revenue
