NORTH AMERICA BONE DENSITOMETER MARKET 2022-2028

North America Bone Densitometer Market 2022-2028

MARKET OUTLOOK

According to Triton Market Research’s study, the bone densitometer market in North America is anticipated to grow with a CAGR of 4.17% in the estimated period 2022-2028. The United States and Canada shape the market in this region.

In the United States, a rise in the adoption of bone densitometers has been observed due to the increase in the cases of osteoporosis and a rise in the geriatric population, among others. As per the American Academy of Orthopedic Surgeons (AAOS), nearly 50% of the American population suffers from knee osteoarthritis in at least one knee. Moreover, close to 10 million people in the US are affected by osteoporosis. Also, the number of people seeking total knee replacement is growing in the nation. For this reason, the market for bone densitometers is expected to witness growth in the years to come.

According to a study, 16% of women and 6.6% of men in Canada are said to be affected by osteoporosis, and its prevalence is increasing with the rise in the elderly population. Whereas, 49.6% of women and 39% of men in the country reported to have osteopenia. Further, it is estimated that approximately 530,000 people in Ontario have some degree of osteoporosis. Fragility fractures related to this condition take place most often in the wrist, pelvis, and femur. These fractures, especially the hip fractures, are associated with an increased mortality rate and reduced functional capacity & quality of life. The growing prevalence of bone-related disorders in Canada calls for the adoption of bone densitometers.

COMPETITIVE OUTLOOK

Oscar Medical Oy, Trivitron Healthcare, Hologic Inc, Osteometer MediTech Inc, L Acn L Accessorio Nucleare Srl, Eurotec Systems Srl, Scanflex Healthcare AB, and BeamMed Ltd are some of the noteworthy companies in the bone densitometer market.