Global Dual Energy X-ray Absorptiometry Market Size study & Forecast, by Application (Osteoporosis, Osteopenia, Others), By End-Use (Hospitals, Imaging Centres, Others) and Regional Analysis, 2022-2029
Global Dual Energy X-ray Absorptiometry Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Dual-energy X-ray absorptiometry (DEXA) is a medical imaging technique used to assess the bone mineral density and detect osteoporosis. This process is also known as densitometry. DEXA is a more reliable approach that uses two energies to obtain precise results independent of the thickness and composition of the soft tissue, exposing users to less radiation. The increasing adoption of DEXA as a diagnostic tool for osteoporosis, increasing demand for early diagnosis and treatment of bone diseases, as well as the increasing number of chronic diseases in the mass, are primarily driving the growth of the market.
According to IOF research, the amount of individuals in Asia with osteoporosis and osteopenia is anticipated to climb to 286.6 million by 2020 and 533.3 million by 2050. Hip fractures have already increased two- to thrice in most Asian nations during the previous 30 years. Similarly, according to WHO, non-communicable diseases and chronic diseases account for around 41 Million deaths globally equivalent to 74%, thus, in turn, these factors are expected to escalate the demand for DEXA devices in the global market. Furthermore, increasing osteoporosis incidences in the ageing population and development of DEXA devices are providing tremendous potential for market expansion in the following years. However, complexity in the operation of DEXA devices is restricting the market growth over the forecast period of 2022-2029.
The key regions considered for the Global Dual Energy X-ray Absorptiometry Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. The North America dominated the market in terms of revenue due to various regional organizations' combined efforts to increase their R&D skills and maintain good medical standards. Whereas, Asia Pacific is also expected to grow at the highest growth rate over the forecasting period. Factors such as rising expenditure on healthcare infrastructure and growing awareness about the benefits of dual emission x-ray absorptiometry (DEXA) equipment are burgeoning the market growth in the forecasting years.
Major market players included in this report are:
GE HealthCare Technologies Inc.
Hologic, Inc.
Medilink International
Swissray Medical AG
Fonar Corporation
Osteometer Meditech Inc.
Furuno Electric Co., Ltd.
BeamMed Ltd.
Scanflex Healthcare AB
Medonica Co., Ltd.
Recent Developments in the Market:
In April 2022, the installation of the Horizon DXA bone densitometry equipment from Hologic Inc. has allowed Newman Regional Health to increase the range of health and wellness services it offers to both men and women.
In March 2022, Aurora Spine Corporation executed one of the first DEXA-C implantations in history, where the implant density perfectly matched the patient's bone quality at Cypress Pointe Surgical Hospital in Louisiana.
Global Dual Energy X-ray Absorptiometry Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, End-Use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Osteoporosis
Osteopenia
Others
By End-Use:
Hospitals
Imaging Centres
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the WorldCompanies Mentioned
GE HealthCare Technologies Inc.
Hologic, Inc.
Medilink International
Swissray Medical AG
Fonar Corporation
Osteometer Meditech Inc.
Furuno Electric Co., Ltd.
BeamMed Ltd.
Scanflex Healthcare AB
Medonica Co., Ltd.
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