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Global DEXA Equipment Market | Expected to Grow at a CAGR of 7.1% with Renowned Players by Till 2024

Global DEXA Equipment Market is expected to reach USD 370.3 million by 2024 from USD 213.8 million in 2016, at a CAGR of 7.1% in the forecast period
Rubin McCarter | 20.09.2018
Global DEXA Equipment Market is expected to reach USD 370.3 million by 2024 from USD 213.8 million in 2016, at a CAGR of 7.1% in the forecast period 2017 to 2024. The new market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Market Segmentation:

· By Product Type

o Central DEXA,

o Peripheral DEXA)

· By Application

o Body Composition Analysis,

o Fracture Diagnosis,

o Bone Densitometry,

o Fracture Risk Assessment

· By End-User

o Hospitals,

o Clinics,

o Mobile Healthcare Centers,

o Over the Counter

· By Geography

o North America,

o Europe,

o Asia-Pacific,

o South America,

o Middle East and Africa,

o Rest of the World

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Market Drivers:

· Dual Energy X-ray Absorptiometry (DEXA) scans to measure bone mineral density (BMD) quickly and accurately at the hip and spine and have an important role in the evaluation of individuals at risk of osteoporosis, and in helping clinicians’ advice patients about the appropriate use of any fracture treatment.

· Increasing prevalence of chronic diseases and technological advancements are the major factors driving the growth of DEXA equipment market.


TECHNOLOGICAL ADVANCEMENTS

· The miniature size and the portability have proved to be a very successful technological advancement in the field of DEXA equipment market.

· The technological advancement in the measurement of bone density has risen to manifold. DEXA is now considered the most widely used technique for the measurement of the density of bone.

· The advancement in the DEXA technology has dramatically decreased the scan time to 5-10 minutes whereas DEXA scan would approximately take 20-25 minutes, so the method has become much more convenient and non-invasive.

GROWING GERIATRIC POPULATION

· The older people are at high risk for osteoporosis.

· The BMD testing is underutilized and drug therapy is often not initiated when indicated in this age population.

· It is very important for the healthcare providers to be fully aware about the potential benefits and risks of diagnosing and treating osteoporosis in the senior population.

· For measuring falls, strategies should be implemented to reduce fall risk in the population causing osteoporosis.

· For instance, according to the National Osteoporosis Foundation with the passage of age, one starts losing more bone as compared to the bone formation.

Major Players:

Some of the major players operating in the market are

· GE Healthcare

· Dms Imaging,

· Hologic Inc.

· Swissray

· Medilink International

· Medonica Co. LTD

· AMPall Co. LTD

· Demetech AB

· MB Tech

· Osteometer Meditech Inc.

· l’acn – l’accessorio nucleare s.r.l.

· HSL Hospital Services Limited

· Among other local players…

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