Bone Sonometer Market Potential Growth, Revenue Analysis and Forecast Report till 2023
01st April 2019 – The global Bone Sonometer Market is expected to display higher growth rate over the next five years.
Rapid surge in the market is credited to the growing prevalence of osteoporosis
disorder across the globe. Favorable government policies and rise in the number
of promotional activities by private players are expected to drive market
growth over the forecast period.
In addition, the
rising geriatric population highly susceptible towards osteoporosis disorder is
the key factor for sustained market growth in the recent years. Globally,
market is predicted to generate massive revenue over the next five years,
providing numerous opportunities for industry participants to invest in
research and development of bone sonometer market.
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Furthermore,
increasing occurrence of osteoporosis disorder among menopausal women is
expected to foster market growth over the forecast period. More than a million
women are suffering from osteoporosis disorders across the globe. The recent
technological advances in healthcare sector coupled with introduction of
integrated digital detectors and computer-assisted & ultrasound sonometer
are expected to fuel market demand for bone densitometer.
Bone sonometer
tools offer ease of operation as well as reduced measurement time. Quantitative
ultrasound index (QUI), bone mineral density (BMD) are measured with the help
of bone sonometer. Bone sonometer are capable of measuring quantitative
ultrasound index (QUI) and bone mineral density (BMD) based on single parameter
i.e. speed of sound (SOS). Increasing demand for ultrasound bone sonometers in
diverse medical application such as gynecology, endocrinology, and others is
expected to favor market demand over the coming years.
Increasing number
of collaborative research initiatives and new product developments undertaken
by leading industry participants is predicted to offer lucrative growth
opportunities in the near future. Development of advanced techniques in
osteoporosis diagnostics is forecasted to steer industry expansion in the
upcoming years.
The bone sonometer
market is broadly categorized into two major segments based on the application
type such as hospitals and clinics. Hospital segment is growing rapidly in the
market with substantial revenue generation in the last few years. Growing
popularity of bone sonometer in segment is attributed to the higher market
penetration and rising number of distribution channels.
Key Vendors
• GE Healthcare
Inc.
• Hologic, Inc.
• Furuno Electric
Co., Ltd.
• Osteosys Co.,
Ltd.
• DMS Group
• Swissray
International, Inc.
• BeamMed Ltd.
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Report contents include
• Analysis of the bone sonometer market
including revenues, future growth, market outlook
• Historical data and forecast
• Regional analysis including growth
estimates
• Analyzes the end user markets including
growth estimates.
• Profiles on bone sonometer including
products, sales/revenues, and market position
• Market structure, market drivers and
restraints.
Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
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