United States Bone Density (DEXA) Market Size By Product (Central Dual Emission X-Ray Absorptiometry, Peripheral Dual Emission X-Ray Absorptiometry), By End-user (Hospitals, Specialty Clinics), By Application (Osteoporosis & Osteopenia, Cystic Fibrosis, Rheumatoid Arthritis, Body Composition Measurement), And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUnited States Bone Density (DEXA) Market Size By Product (Central Dual Emission X-Ray Absorptiometry, Peripheral Dual Emission X-Ray Absorptiometry), By End-user (Hospitals, Specialty Clinics), By Application (Osteoporosis & Osteopenia, Cystic Fibrosis, Rheumatoid Arthritis, Body Composition Measurement), And Forecast
United States Bone Density (DEXA) Market Size And Forecast
United States Bone Density (DEXA) Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e., 2023 to 2030.
Hey, so the U.S. Bone Density (DEXA) Market is really taking off! Why? Well, we've got more and more older folks, and unfortunately, that means more bone problems. Plus, specialist clinics and those convenient ambulatory care centers are popping up all over the United States, creating even more chances for the market to expand. If you're looking for the full story, there's a report that gives you a deep dive into the market. It breaks down everything – the important pieces, what's hot, what's holding things back, who's competing, and all the things that are seriously shaping the market.
United States Bone Density (DEXA) Market Executive Summary
DEXA is a method of measuring bone density through dual-emission X-ray absorptiometry. The devices used are commonly called bone densitometers. Bone densitometers are usually used to analyze and measure the number of minerals such as calcium in the bones. They are mainly used to detect bone-related deficiencies and diseases. Bone densitometer analyses with the low bone mineral density of bones.
Did you know that things like not getting enough exercise, drinking too much, and smoking can really mess with your bones, especially if you're a guy? According to the National Institutes of Health, these are some of the biggest reasons why men get osteoporosis and other bone problems. That's why it's super important we find ways to help people avoid these issues and catch osteoporosis early using things like bone densitometers. The cool thing is, technology is getting better all the time! We now have digital detectors and fancy computer-assisted and ultrasonic densitometers that are easier to use and give us results faster. Plus, companies are working together and coming up with new and improved ways to diagnose osteoporosis. And with more funding for research, we can expect even better diagnostic tools in the future!
The COVID-19 pandemic has significantly impacted the market for bone densitometer systems. The disease and treatment of COVID-19 adversely affected the bone health of surviving patients and affected the growth rate of the market. According to an article published by the National Library of Medicine in April 2022, the post-acute effects of COVID-19 can cause secondary osteoporosis. This is among the major factors expected to accelerate the market in the foreseen period.
United States Bone Density (DEXA) Market Outlook
The market size of the United States Bone Density (DEXA) Market stood at USD 334.13 Million in 2021 and is projected to reach USD 447.64 Million by 2030. The Market is projected to grow at a CAGR of 3.43%. The peripheral Dual Emission X-Ray Absorptiometry segment hold the largest market share in 2021, accounting for 70.53% of the total market size. Furthermore, the Body Composition Measurement segment is projected to grow with a significant CAGR of 6.15% during the forecast period.
The US market for Bone Density (DEXA) scans is used mainly for a few key thingsdiagnosing Osteoporosis & Osteopenia, checking on Cystic Fibrosis, managing Rheumatoid Arthritis, and measuring body composition. Right now, Osteoporosis & Osteopenia take the biggest slice of the pie and are predicted to keep growing at a pretty good clip of 2.82% each year. So, what's osteopenia? Basically, it's when your body isn't making new bone fast enough to replace the old. Things like not getting enough calcium, smoking, aging, certain health problems, and even some medications can cause it, and women are especially at risk. The tricky part is, you usually don't even know you have it until it gets worse and turns into osteoporosis. It's super common too, with around 34 million Americans affected. If you're over 50, not eating well, or going through menopause, you're more likely to get it.
The U.S. market for Bone Density scans (DEXA) is really taking off! Why? Well, for starters, more and more Americans are dealing with common bone and joint problems. Plus, we've got a growing number of older folks here in the States. And let's not forget that DEXA scans are great for checking body composition, and healthcare spending in the U.S. keeps going up. So, with an aging population and more bone issues popping up, the DEXA market is definitely on the rise. Think about itwe already have about 46 million adults aged 65+ living in the U.S., and experts predict that number will nearly double to 90 million by 2050! Back in 2020, already 1 out of every 6 people in the U.S. was 65 or older.
However, the disadvantages of the DEXA scan, certain limitations of the DEXA scan, and the rest of the other factors might strangle the growth of the United States Bone Density (DEXA) Market over the forecasted period. Moreover, the growing demand from specialty clinics, the growing number of ambulatory care centers across the United States, and other factors are creating new opportunities for the United States Bone Density (DEXA) Market to grow soon.
United States Bone Density (DEXA) MarketSegmentation Analysis
The U.S. Bone Density (DEXA) Market is segmented based on Product, End-user, and Application.
United States Bone Density (DEXA) Market, By Product
- Central Dual Emission X-Ray Absorptiometry
- Peripheral Dual Emission X-Ray Absorptiometry
To Get a Summarized Market Report By Product-
Okay, so when we look at the Bone Density (DEXA) Market in the United States, we can break it down by Product into two main typesCentral Dual Emission X-Ray Absorptiometry and Peripheral Dual Emission X-Ray Absorptiometry. Right now, the Peripheral type is really popular and holds a lot of sway. In fact, it had the biggest slice of the pie in 2021! We're expecting it to keep that top spot, grabbing a 67.11% market share by 2030. That segment is also expected to grow by USD 53.89 Million, showing a growth rate of 2.86% each year from 2023 to 2030.
For more than 40 years, photon absorptiometry techniques have allowed for the peripheral measurement of bone density. Radio-isotopes, which were initially used as the photon source, have been superseded by X-ray technology. Single- or dual-energy X-ray measurement equipment comes in various variants. However, not all of them are still readily available for purchase. Following a thorough evaluation of the literature by an ISCD task group and a subsequent Position Development Conference, the Official Positions of the International Society for Clinical Densitometry (ISCD) have been created.
United States Bone Density (DEXA) Market, By End-user
- Hospitals
- Specialty Clinics
- Others
By End-user, the market is segmented into Hospitals, Specialty Clinics, and Others. The United States Bone Density (DEXA) Market is experiencing a scaled level of attractiveness in the Hospitals segment. The Hospitals segment holds the highest share of the market in 2021. The segment is projected to gain an incremental market value of USD 49.85 Million and grow at a CAGR of 2.93% between 2023 and 2030.
High patient numbers and frequent hospitalization are factors related to hospitals. Additionally, advanced infrastructure supports excellent efficiency in bone densitometer-based diagnostic processes, increasing the proportion of hospitals. The growing propensity of government healthcare organizations to promote advanced diagnostic instruments that yield rapid results is one of the primary causes of the sizeable market share.
Furthermore, the Others segment is also growing at the fastest pace. The segment is projected to gain an incremental market value of USD 16.14 Million and grow with a significant CAGR of 4.93% between 2023 and 2030. Also, the Specialty Clinics segment is projected to gain an incremental market value of USD 28.21 Million and grow with a significant CAGR of 3.96% between 2023 and 2030.
United States Bone Density (DEXA) Market, By Application
- Osteoporosis & Osteopenia
- Cystic Fibrosis
- Rheumatoid Arthritis
- Body Composition Measurement
To Get a Summarized Market Report By Application-
By Application, the market is segmented into Osteoporosis & Osteopenia, Cystic Fibrosis, Rheumatoid Arthritis, and Body Composition Measurement.
The United States Bone Density (DEXA) Market is experiencing a scaled level of attractiveness in the Osteoporosis & Osteopenia segment. The Osteoporosis & Osteopenia segment holds the highest share of the market in 2021. It is anticipated to account for the highest market share of 46.56% by 2030. The segment is projected to gain an incremental market value of USD 36.89 Million and grow at a CAGR of 2.82% between 2023 and 2030.
And hey, the Body Composition Measurement part of the market is really taking off! We're expecting it to jump by USD 15.35 Million, growing at a pretty impressive rate of 6.15% each year between 2023 and 2030. People are especially curious about their body fat percentage because it's a great indicator of overall health. See, muscle is denser than fat, so measuring body fat gives you a much clearer picture of your body's composition – super important when giving health advice. Two people who are the same height and weight can actually have totally different body compositions, which means they might face completely different health challenges.
Key Players
The major players in the market are; GE Healthcare, Hologic Inc, (DMS) Group, Beammed Ltd, Echolight Spa, Medilink, Swissray Global Healthcare Holding Ltd, Osi Systems Inc, Scanflex Healthcare Ab, Medonica Co Ltd, and others. This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.
Company Market Ranking Analysis
Our deep dive into the Bone Density (DEXA) market focuses on understanding the top 3 players. We don't just pick names out of a hat; our company ranking considers a range of factors! You've got GE Healthcare, Hologic Inc, and the (DMS) Group, and we look at everything from their brand value to their product portfolio (think variations, specs, features, and prices). We also check their reach across major regions, recent sales figures, and overall revenue share. Plus, we dig into their product strategies – are they embracing new technologies or trying out innovative approaches to boost their presence in the U.S.? Finally, we analyze their distribution network, both online and offline, to really grasp their market presence and how strong their foothold is in different Bone Density (DEXA) markets.
Company Regional/Industry Footprint
The company’s regional section provides geographical presence, regional level reach, or the respective company’s sales network presence.Apart from this, the industrial footprint section provides a cross-analysis of industry verticals and market players that gives a clear picture of the company landscape concerning the industries they serve their products. The product portfolio of the companies is classified in terms of their diversification as well as the number of products/services that are available. The geographic reach and the market penetration are determined considering the penetration of the company’s products and services in various geographical regions and industries.
Ace Matrix
This section of the report provides an overview of the company evaluation scenario in the Bone Density (DEXA) market. The company evaluation has been carried out based on the outcomes of the qualitative and quantitative analyses of various factors such as product portfolios, technological innovations, market presence, revenues of companies, and the opinions of primary respondents.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2018-2030 |
| BASE YEAR | 2021 |
| FORECAST PERIOD | 2023-2030 |
| HISTORICAL PERIOD | 2018-2020 |
| KEY COMPANIES PROFILED | GE Healthcare, Hologic Inc, (DMS) Group, Beammed Ltd, Echolight Spa, Medilink, Swissray Global Healthcare Holding Ltd, and others. |
| SEGMENTS COVERED | Product, End-user, and Application. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region a
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