Tuesday, 8 July 2014

Global Bone Densitometers Industry Report for Growth and Revenue Forecast 2018

A bone densitometry scan is a special type of X-ray test used to measure the calcium content of a bone. It is used primarily to detect osteopenia or osteoporosis, diseases in which the bone’s density is low and the risk of fractures is high. The purpose of bone densitometry is to identify those at risk of developing osteoporosis and to monitor change in bone density, particularly with therapy. This procedure is most commonly used to assess the lower spine and hips, and is considered the current standard for measuring bone mineral density. Bone densitometers are broadly classified as Axial Bone Densitometers and Peripheral Bone Densitometers.

Analysts forecast the Global Bone Densitometry market will grow at a CAGR of 3.32 percent over the period 2013-2018.

The Report recognizes the following companies as the key players in Global Bone Densitometers Market: CooperSurgical Inc., Diagnostic Medical Systems S.A, GE Healthcare Ltd, Hologic Inc., BeamMed Ltd, CompuMed Inc., Lone Oak Medical Technologies LLC, Osteometer MediTech Inc.

Advances in bone densitometer technology coupled with an increase in access of these technologies in emerging markets such as China, Brazil, Japan, and India is serving as an opportunity for investors. New product introductions have been observed across a wide range of bone measurement technologies. The most accurate and widely accepted technique is axial/central DEXA. Lunar iDXA for bone health by GE Healthcare and DXA Technology by Hologic are some of the products launched in this market, which enhanced the growth opportunities in emerging economies.

Covered in this Report
The Global Bone Densitometry market can be divided into two segments: Axial Bone Densitometer and Peripheral Bone Densitometer. This report covers the present scenario and the growth prospects of the Global Bone Densitometers Market for the period 2013-2018. To calculate the market size, the report considers the revenue generated from the sales of Bone Densitometer devices that are available in the market.

Global Bone Densitometry Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Bone Densitometry market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, the Global Bone Densitometers market is driven by several factors, of which the increase in the aging population is one of the major drivers. As a person ages, the incidence of bone-related disorders such as osteoporosis also increases, resulting in the demand for bone densitometers.

Further, the report states that one of the main challenges is the high cost of bone densitometers. Despite the numerous benefits, the high cost of treatment options hinders the acceptability among patients. Also, as a result of this, patients are reluctant to opt for such devices and prefer medications.