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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Bone Densitometer Market Size
The global bone densitometer market was valued at USD 0.4 billion in 2023, driven by increasing prevalence of osteoporosis across the globe. The market is expected to grow at a CAGR of 4.38% during the forecast period of 2024-2032, with the values likely to reach USD 0.7 billion by 2032.
Global Bone Densitometer Market Outlook
- The market is driven by increasing incidence of osteoporosis related fractures, affecting 500 million individuals globally.
- Innovations like portable devices and advanced imaging are improving diagnostic accuracy, thereby boosting the market value.
- Market trends also indicate a growing emphasis on collaborative partnerships within the industry, fostering innovation and driving advancements in bone health diagnostics.
Global Bone Densitometer Market Overview
Bone densitometers are diagnostic medical devices tailored for assessing bone mineral density (BMD) in the human body. It is widely applied in diagnosing and monitoring conditions like osteoporosis and osteopenia. With an estimated 8.9 million fractures annually worldwide due to osteoporosis, impacting around 500 million individuals, the demand for bone densitometers is expected to witness significant growth in the forecast period. Predictions suggest a substantial increase in hip fractures by 2050, with a mortality rate of 17%-25% within a year post- fracture or surgery in older adults. This growth is propelled by factors such as population expansion, increased life expectancy, and lifestyle changes favouring osteoporosis. Moreover, the growing geriatric population, prone to bone disorders, further augments market growth prospects.
Construction Market Report Snapshots
Bone Densitometer Market Growth
Bone Densitometer Market Trends
Bone Densitometer Market Share
Bone Densitometer Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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