Bone Scan Market Research Report - Global forecast till 2023

Bone Scan Market Information: By Product (Radiopharmaceuticals, Imaging Devices), Application (Fractures, Arthritis, Paget's Disease of Bone, Cancer Originating in Bone), End User (Hospitals, Clinics, Diagnostic Centers) - Global Forecast till 2023

ID: MRFR/MED/3592-HCR | | Region: Global | 110 pages

Market Synopsis of the Global Bone Scan Market


A bone scan is a test of nuclear medicine and is mostly used to diagnose various bone diseases such as arthritis and bone cancer. It includes an injection of radioactive material and then the bone scan. Radioactive material also known as the tracer is injected into a vein. After injecting this material, the radiologist performs a bone scan. The radiologist may perform the bone scan in phases depending upon the condition to be diagnosed such as the presence of bone disease or cancer.


Rising prevalence of bone disease, increasing demand for imaging devices such as MRI, CT scan, SPECT scan, and increasing health care services are accelerating the growth of the market. Furthermore, the increasing expenditure on medical devices influences the market growth. Technological advancements in radiology devices affecting the market growth. However, the efficiency of bone scan may hinder the market growth over the forecast period. Additionally, the bone scan may determine the inaccurate cause of the abnormality.


According to the WHO, about 59% of the mortality is due to chronic diseases and almost 35 million people die of chronic diseases across the globe.


The global bone scan market is expected to grow at a CAGR of 5.7% during the forecast period.


FIGURE 1: Global Bone Scan Market by Region, 2016 (%)
Bone Scan Market
Source: World Health Organization, Centers for Disease Control and Prevention, U.S. National Library of Medicine, National Organization for Rare Disorders, Expert Interview Market Research Future Analysis, Annual report, White paper, Company Presentation


 Intended Audience



  • Medical Device Manufacturers

  • Medical Device Suppliers

  • Medical Research Laboratories

  • Research and Development (R&D) Companies

  • Market Research and Consulting Service Providers

  • Potential Investors


Key Players in the Global Bone Scan Market   


Some of the key players in this market are Siemens (U.S.), Hitachi, Ltd. (Japan), Carestream Health, Inc. (U.S.), Samsung Electronics Co., Ltd. (South Korea), Toshiba Corporation. (Japan), Koninklijke Philips N.V. (Netherlands), General Electric Company (U.S.), and others.
Research Methodology
Global Bone Scan Market


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


 


Segments 


The global bone scan market is segmented on the basis of product, indication, device, and end user.


On the basis of the product, the market is segmented into radiopharmaceuticals and imaging devices. The imaging devices are further segmented into Magnetic Resonance Imaging (MRI), X-ray, Computed Tomography (CT), Single-Photon Emission Computerized Tomography (SPECT), and others.


On the basis of the application, the market is segmented into fractures, arthritis, Paget's disease of bone, cancer originating in bone, and others.


On the basis of the end user, the market is segmented into hospitals, clinics, diagnostic centers, and others.


Regional Analysis of the Global Bone Scan Market                 


The Americas lead the global bone scan market owing to the rising prevalence of bone disorders in the U.S. Furthermore, increasing demand for diagnostic services in various also influences the market growth. In North America, the U.S. is the largest market followed by Canada. Increasing penetration of orthopedic specialty hospitals and healthcare insurance is adding fuel to the market growth. Furthermore, the concentration of key players in the market along with the availability of various technologically advanced devices is boosting the market growth in the U.S.


Europe is the second largest bone scan market across the globe. The market is accelerated by the extensive use of diagnostic devices for diagnosis of various chronic diseases such as arthritis, diabetes, obesity and others. Furthermore, extensive research and development (R&D) activities carried out by clinical research and academic institutes stimulate the growth of the market. Germany and France contribute to the growth of the market owing to increasing expenditure on R&D and extensive demand for diagnostic devcies.


The Asia Pacific market is expected to grow at the fastest pace due to the high prevalence of chronic disease such as rheumatoid arthritis, osteoarthritis, obesity, diabetes, and other. Additionally, increasing number of bone injuries such as bone fractures boost the growth of the market.  To add further, increasing number of skilled professionals along with increasing awareness about the bone diseases and importance of imaging tests in the diagnosis of bone diseases, and injuries. In Asia Pacific, India and China are holding the largest market share followed by Japan. Increasing expenditure on healthcare and improving healthcare infrastructure in various developing regions of Asia Pacific region are affecting the market growth, positively.


The Middle East & Africa also show a steady rise in the market owing to rising demand for diagnostic services and growing emphasis on diagnosis and treatment of bone disease. Developing healthcare infrastructure in the Middle East also fuels the growth of the market. In Africa, the market also shows a positive growth owing to the development of healthcare system in African countries and increasing demand for primary care services.


 



Frequently Asked Questions (FAQ) :


Bone scan market is expected to exhibit a CAGR of 5.7% from 2017 to 2023.

Increasing number of cases of bone disorders is the major driver of the global bone scan market.

Concerns of the efficiency of bone scans is the major deterrent of the global bone scan market.

The Americas dominated the global bone scan market and can continue their reign till 2023.

Hitachi, Ltd., General Electric Company, Toshiba Corporation, Carestream Health, Inc., Samsung Electronics Co., Ltd., Siemens, and Koninklijke Philips N.V. are notable players of the global bone scan market.

TABLE OF CONTENT

Chapter 1. Report Prologue

Chapter 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

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 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

Chapter 6. Global Bone Scan Market, by Product

6.1 Introduction

6.2 Radiopharmaceuticals

Market Estimates & Forecast, 2017 – 2023

6.3 Imaging Devices

Market Estimates & Forecast, 2017 – 2023

6.3.1 Magnetic Resonance Imaging (MRI) Scan

Market Estimates & Forecast, 2017 – 2023

6.3.2 X-Ray

Market Estimates & Forecast, 2017 – 2023

6.3.3 Computed Tomography (CT) Scan

Market Estimates & Forecast, 2017 – 2023

6.3.4 Single-Photon Emission Computerized Tomography (SPECT) Scan

Market Estimates & Forecast, 2017 – 2023

6.4 Others

Market Estimates & Forecast, 2017 – 2023
Chapter 7. Global Bone Scan Market, by Application

7.1 Introduction

7.2 Fractures

Market Estimates & Forecast, 2017 – 2023

7.3 Arthritis

Market Estimates & Forecast, 2017 – 2023

7.5 Paget's Disease of Bone

Market Estimates & Forecast, 2017 – 2023

7.6 Cancer Originating in Bone

Market Estimates & Forecast, 2017 – 2023

7.7 Others

Market Estimates & Forecast, 2017 – 2023

Chapter 8 Global Bone Scan Market, by End User

8.1 Introduction

8.2 Hospital

Market Estimates & Forecast, 2017 – 2023

8.3 Clinics

Market Estimates & Forecast, 2017 – 2023

8.4 Diagnostic Centers

Market Estimates & Forecast, 2017 – 2023

8.5 Others

Market Estimates & Forecast, 2017 – 2023

Chapter 9. Global Bone Scan Market, by Region

9.1 Introduction

9.2 America

9.2.1 North America

9.2.1.1 US

9.2.1.1 Canada

9.2.2 South America

9.3 Europe

9.3.1 Western Europe

9.3.1.1 Germany

9.3.1.2 France

9.3.1.3 Italy

9.3.1.4 Spain

9.3.1.5 UK

9.3.1.6 Rest of Western Europe

9.3.2 Eastern Europe

9.4 Asia Pacific

9.4.1 Japan

9.4.2 China

9.4.3 India

9.4.4 Australia

9.4.5 Republic of Korea

9.4.6 Rest of Asia Pacific

9.5 The Middle East & Africa

9.5.1 United Arab Emirates

9.5.2 Saudi Arabia

9.5.3 Oman

9.5.4 Kuwait

9.5.5 Qatar

9.5.6 Rest of the Middle East & Africa

Chapter 10 Company Landscape

10.1 Introduction

10.2 Market Share Analysis

10.3 Key Development & Strategies

10.3.1 Key Developments

Chapter 11 Company Profiles

11.1 Siemens

11.1.1 Company Overview

11.1.2 Product Overview

11.1.3 Financials

11.1.4 SWOT Analysis

11.2 Koninklijke Philips N.V.

11.2.1 Company Overview

11.2.2 Product Overview

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.3 Hitachi, Ltd.

11.3.1 Company Overview

11.3.2 Product Overview

11.3.3 Financial Overview

11.3.4 Key Development

11.3.5 SWOT Analysis

11.4 Carestream Health, Inc.

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Overview

11.4.4 Key Development

11.4.5 SWOT Analysis

11.5 General Electric Company

11.5.1 Company Overview

11.5.2 Product Overview

11.5.3 Financial overview

11.5.4 Key Developments

11.6 Toshiba Corporation

11.6.1 Company Overview

11.6.2 Product Overview

11.6.3 Financial Overview

11.6.4 Key Developments

11.7 Samsung Electronics Co., Ltd.

11.7.1 Overview

11.7.2 Product Overview

11.7.3 Financials

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.8 Others

Chapter 12 MRFR Conclusion

12.1 Key Findings

12.1.1 From CEO’s View Point

12.1.2 Unmet Needs of the Market

12.2 Key Companies to Watch

12.3 Prediction of Imaging Industry

Chapter 13 Appendix

LIST OF TABLES

Table 1 Bone Scan Industry Synopsis, 2017 – 2023

Table 2 Global Bone Scan Market Estimates and Forecast, 2017 – 2023, (USD Million)

Table 3 Global Bone Scan Market by Region, 2017 – 2023, (USD Million)

Table 4 Global Bone Scan Market by Product, 2017 – 2023, (USD Million)

Table 5 Global Bone Scan Market by Application, 2017 – 2023, (USD Million)

Table 6 Global Bone Scan Market by End Users, 2017 – 2023, (USD Million)

Table 7 North America Bone Scan Market by Product, 2017 – 2023, (USD Million)

Table 8 North America Bone Scan Market by Application, 2017 – 2023, (USD Million)

Table 9 North America Bone Scan Market by End Users, 2017 – 2023, (USD Million)

Table 10 US Market by Product, 2017 – 2023, (USD Million)

Table 11 US Bone Scan Market by Application, 2017 – 2023, (USD Million)

Table 12 US Bone Scan Market by End Users, 2017 – 2023, (USD Million)

Table 13 Canada Market by Product, 2017 – 2023, (USD Million)

Table 14 Canada Bone Scan Market by Application, 2017 – 2023, (USD Million)

Table 15 Canada Bone Scan Market by End Users, 2017 – 2023, (USD Million)

Table 16 South America Market by Product, 2017 – 2023, (USD Million)

Table 17 South America Bone Scan Market by Application, 2017 – 2023, (USD Million)

Table 18 South America Bone Scan Market by End Users, 2017 – 2023, (USD Million)

Table 19 Europe Market by Product, 2017 – 2023, (USD Million)

Table 20 Europe Bone Scan Market by Application, 2017 – 2023, (USD Million)

Table 21 Europe Bone Scan Market by End Users, 2017 – 2023, (USD Million)

Table 22 Western Europe Market by Product, 2017 – 2023, (USD Million)

Table 23 Western Europe Bone Scan Market by Application, 2017 – 2023, (USD Million)

Table 24 Western Europe Bone Scan Market by End Users, 2017 – 2023, (USD Million)

Table 25 Eastern Europe Market by Product, 2017 – 2023, (USD Million)

Table 26 Eastern Europe Bone Scan Market by Application, 2017 – 2023, (USD Million)

Table 27 Eastern Europe Bone Scan Market by End Users, 2017 – 2023, (USD Million)

Table 28 Asia Pacific Market by Product, 2017 – 2023, (USD Million)

Table 29 Asia Pacific Bone Scan Market by Application, 2017 – 2023, (USD Million)

Table 30 Asia Pacific Bone Scan Market by End Users, 2017 – 2023, (USD Million)

Table 31 Middle East & Africa Market by Product, 2017 – 2023, (USD Million)

Table 32 Middle East & Africa Bone Scan Market by Application, 2017 – 2023, (USD Million)

Table 33 Middle East & Africa Bone Scan Market by End Users, 2017 – 2023, (USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Bone Scan Market

Figure 3 Segmentation Market Dynamics for Global Bone Scan Market

Figure 4 Global Bone Scan market Share, by Type 2016

Figure 5 Global Bone Scan market Share, by Application 2016

Figure 6 Global Bone Scan Market Share, by End Users, 2016

Figure 7 Global Bone Scan Market Share, by Region, 2016

Figure 8 North America Bone Scan Market Share, by Country, 2016

Figure 9 Europe Bone Scan Market Share, by Country, 2016

Figure 10 Asia Pacific Bone Scan Market Share, by Country, 2016

Figure 11 Middle East & Africa Bone Scan Market Share, by Country, 2016

Figure 12 Global Bone Scan Market: Company Share Analysis, 2016 (%)

Figure 13 Siemens: Key Financials

Figure 14 Siemens: Segmental Revenue

Figure 15 Siemens: Geographical Revenue

Figure 16 Koninklijke Philips N.V.: Key Financials

Figure 17 Koninklijke Philips N.V.: Segmental Revenue

Figure 18 Koninklijke Philips N.V.: Geographical Revenue

Figure 19 Hitachi, Ltd. (: Key Financials

Figure 20 Hitachi, Ltd. (: Segmental Revenue

Figure 21 Hitachi, Ltd. (: Geographical Revenue

Figure 22 Carestream Health, Inc.: Key Financials

Figure 23 Carestream Health, Inc.: Segmental Revenue

Figure 24 Carestream Health, Inc.: Geographical Revenue

Figure 25 General Electric Company.: Key Financials

Figure 26 General Electric Company.: Segmental Revenue

Figure 27 General Electric Company.: Geographical Revenue

Figure 28 Samsung Electronics Co., Ltd.: Key Financials

Figure 29 Samsung Electronics Co., Ltd.: Segmental Revenue

Figure 30 Samsung Electronics Co., Ltd.: Geographical Revenue

Figure 31 Hitachi, Ltd.: Key Financials

Figure 32 Hitachi, Ltd.: Segmental Revenue

Figure 33 Hitachi, Ltd.: Geographical Revenue