Market Research Report
Bone Densitometers - Global Market Outlook (2016-2022)
|Published by||Stratistics Market Research Consulting||Product code||521552|
|Published||Content info||159 Pages
Delivery time: 1-2 business days
|Bone Densitometers - Global Market Outlook (2016-2022)|
|Published: March 1, 2017||Content info: 159 Pages||
According to Stratistics MRC, the Global Bone Densitometers Market is accounted for $895.75 million in 2016 and is expected to reach $1215.09 million by 2022 growing at a CAGR of 5.2% during the forecast period. Factors such as rising occurrence of osteoporosis, technological advancements, growing aging population and huge expenditure to society are fueling the market growth. However, narrowing of insurance coverage for bone density tests is hampering the market. Developing countries such as China, Brazil, Japan and India offers ample of opportunities for the market to grow. One of the major trends in the market is the rising medical tourism initiatives.
By end user, hospital based bone densitometers segment commanded the largest market share and is anticipated to grow at a significant CAGR attributed to the rising occurrence of fractures requiring hospitalization. By geography, North America holds the largest market accounting for almost 36% of the total market share. Asia Pacific is expected to grow at a fastest CAGR during the forecast period owing to increasing awareness of osteoporosis and highest number of countries with medical tourism initiatives.
Some of the key players in Bone Densitometers market include Lone Oak Medical Technologies, LLC, CooperSurgical Inc., Scanflex Healthcare AB, Diagnostic Medical Systems S.A., Swissray International, Inc., Osteometer Meditech Inc, GE Healthcare, CompuMed, Inc., Hologic, Inc., Medilink, BeamMed Ltd and Osteosys.
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