Bone Densitometers: A Global Strategic Business Report
San Jose, CA (PRWEB) October 05, 2011
Follow us on LinkedIn - Riding on the crest of favorable macro factors such as an aging global population and an overweight new generation, the orthopedic equipment market including bone densitometers is set to experience steady growth. An expanding baby boomer population brings forth a range of bone-related problems such as osteoporosis, osteoarthritis, and degenerative disc diseases. This, in turn is expected to propel the demand for related diagnosis equipment such as bone densitometers.
The United States and Europe dominate the global bone densitometers market with a lion’s share of the value sales, as stated by the new market research report on Bone Densitometers. In the United States, increased reimbursement rate under the Patient Protection and Affordable Care Act (PPACA) is expected to drive the market for bone densitometry. In Europe, highest growth for bone densitometers is expected from the emerging markets of Eastern Europe. Increasing proportion of the elderly, particularly women, and the rising demand for diagnostic facilities including bone density screening is contributing to the growth of bone densitometers market. Further, the replacement of axial dual-energy x-ray absorptiometry (DEXA) is expected to drive demand for densitometry market in Europe. However, factors such as low reimbursements and tighter capital budgets are expected to hamper market growth.
The market is predominated by the presence of DEXA, ultrasound devices and a host of other bone densitometry techniques. DEXA technology is regarded as the fastest, reliable and effective technique in measuring bone density. Ultrasound technology continues to gain prominence in bone densitometry. A shift from the usage of ionizing radiation to ultrasound in bone densitometers has induced the development of more reliable and low-cost densitometers. Peripheral bone densitometers is mainly used for measuring bone density in areas, which are prone to bone degeneration such as forearm, wrist, heels and fingers. The systems are widely accepted by the non-hospital sector due to the fact that they are fast, mobile, and low-cost. Axial bone densitometers is used for measuring bone density on the spinal column and the hip. These systems are mainly developed for hospital establishments, clinics and radiologists.
The global market for bone densitometers is highly concentrated with a few players dominating the industry. Competitive strength of the market participants is dependent on a host of factors including product pricing, product precision, speed of measurement, patient radiation dose, and product reliability and versatility. Major players profiled in the report include BeamMed Ltd., CompuMed Inc., GE Healthcare, Hologic Inc., Lone Oak Medical Technologies LLC, and Osteometer Meditech Inc.
The research report titled “Bone Densitometers: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a strategic review of the industry, key market trends, recent product launches, strategic corporate initiatives, and profiles of major market participants. The report provides annual sales estimates and projections by the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, Middle East and Latin America. Key segments analyzed include Axial Bone Densitometers and Peripheral Bone Densitometers.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Bone_Densitometers_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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