-- Factors such as rising occurrence of osteoporosis, technological advancements, growing aging population and huge expenditure to society are fueling the market growth. However, narrowing of insurance coverage for bone density tests is hampering the market. Developing countries such as China, Brazil, Japan and India offers ample of opportunities for the market to grow. One of the major trends in the market is the rising medical tourism initiatives.
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By end user, hospital based bone densitometers segment commanded the largest market share and is anticipated to grow at a significant CAGR attributed to the rising occurrence of fractures requiring hospitalization. By geography, North America holds the largest market accounting for almost 36% of the total market share. Asia Pacific is expected to grow at a fastest CAGR during the forecast period owing to increasing awareness of osteoporosis and highest number of countries with medical tourism initiatives.
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Some of the key players in Bone Densitometers market include Lone Oak Medical Technologies, LLC, CooperSurgical Inc., Scanflex Healthcare AB, Diagnostic Medical Systems S.A., Swissray International, Inc., Osteometer Meditech Inc, GE Healthcare, CompuMed, Inc., Hologic, Inc., Medilink, BeamMed Ltd and Osteosys.
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Technologies Covered:
• Peripheral Bone Densitometers
o Radiographic Absorptiometry (RA)
o Peripheral Quantitative Computed Tomography (pQCT)
o Single Energy X-Ray Absorptiometry (SEXA)
o Quantitative Ultrasound (QUS)
o Dual Energy X-Ray Absorptiometry
• Axial Bone Densitometers
o Quantitative Computed Tomography (QCT)
o Dual Energy X-Ray Absorptiometry (DEXA)
End Users Covered:
• Clinic Based Bone Densitometers
• Hospital Based Bone Densitometers
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
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