A recently published report titled, “Bone Mineral Densitometry (BMD) Market: Opportunity Analysis and Future Assessment 2022-2030” offers a thorough and profound assessment on the market stature along with the top leading facts and figures, definition, overview, expert opinions, SWOT analysis, as well as the recent developments of the market all around the world. The market report also computes the market size, market sales, revenue, price, market share and gross margin and market forecast, growth rate and cost structure. The report estimates the revenue created from the sales and technologies by various application segments.
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The bone mineral densitometry (BMD) market is estimated to reach at a value of US$ 201.3 Mn by the end of 2022 and expected to reach at a value of US$ 342.7 Mn by 2030 with a significant CAGR of 6.9%.
Bone Mineral Densitometry (BMD) Introduction
Bone density, or bone mineral density, refers to the volume of bone mineral in bone tissue. The idea is of mass of mineral per volume of bone, even though medically it is calculated by proxy as stated in optical density per square centimeter of bone surface upon imaging.
A bone mineral density (BMD) test employs X-rays to calculate the quantity of minerals — particularly calcium — in the bones. This test is crucial for people who are at risk for osteoporosis, in particular older adults and women. The test is also cited as dual energy X-ray absorptiometry (DXA). It is an essential test for osteoporosis, which is the most prevalent kind of bone disease.
Osteoporosis induces the bone tissue to grow frail and thin in the course of time and ultimately paves its way to incapacitating fractures. A huge chunk of the population all across the world is suffering from osteoporosis and osteoporosis-related fractures, which are on an upsurge from year to year, ultimately paving its way to rising demand for bone mineral densitometry installation in health care settings. Owing to which, the global bone mineral densitometry (BMD) market is projected to rise significantly over the years.
Bone Mineral Densitometry (BMD) Market Segmentation
The global Bone Mineral Densitometry (BMD) market is segmented on the basis of scan type, application, beam type, location, end user, and region.
By Scan Type
o DEXA
- Central
- Peripheral
o Ultrasound
By Beam Type
- Fan Beam
- Pencil Beam
- Cone Beam
By Application
- Osteoporosis & Osteopenia Diagnosis
- Cystic Fibrosis Diagnosis
- Body Composition Measurement
- Rheumatoid Arthritis Diagnosis
By Location
- Full body examination
- Forearm bone examination
- Heel bone examination
- Femoral neck examination
- Hip examination
- Lumbar vertebrae examination
By End User
- Diagnostic Labs
- Orthopedic Clinics
- Hospitals
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Bone Mineral Densitometry (BMD) Market Key Players
Some of the key participating players in global bone mineral densitometry market are:
- BeamMed
- BM Tech
- CyberLogic
- Demetech
- DMS Imaging
- Echolight
- Eurotec Medical Systems
- GE Healthcare
- L’ACN – l’Accessorio Nucleare
- LaiFU Medical Equipment
- Medilink
- Medonica
- OsteoSys
- Trivitron Healthcare
- Xuzhou Pinyuan Electronic
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of Bone Mineral Densitometry (BMD)
Advantages of Bone Mineral Densitometry (BMD)
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.
