Bone Densitometers Market To Reach 698 Million Dollars In 2010, According To New Report By Global Industry Analysts

Main Category: Bones / Orthopedics
Also Included In: Medical Devices / Diagnostics
Article Date: 16 Apr 2008 - 1:00 PDT

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Worldwide bone densitometers market is projected to reach $698 million by 2010 as stated in a recent report published by Global Industry Analysts, Inc. The alarming rise of osteoporosis has propelled the need for early detection of the disease. Apart from this, introduction of new drug therapies and the need for frequent tests for osteoporosis detection have fuelled the demand for bone densitometers. Moreover, improved access to better diagnostic technologies, and increased patient awareness have catalyzed growth in the diagnosis sector, thereby fuelling growth in the global densitometers market. In value terms, Europe and the United States capture 70% share of the market. Asia-Pacific is projected to emerge as the fastest growing region, posting a CAGR of 6.8% over the 2000-2010 period.

Bone Densitometers are characterized by the technology employed in the equipment. Worldwide market for bone densitometry is dominated by the presence of DEXA, ultrasound devices and a host of other bone densitometry techniques. Global market has witnessed increased acceptance of ultrasound devices in recent times, which is the fastest growing segment in the global bone densitometers market. New developments related to Dual Energy X-Ray Absorptiometry (DXA) technology are driving enhancements in the diagnosis of osteoporosis, cardiovascular diseases, and fracture risk. Bone densitometers market is analyzed by two primary product segments -- axial bone densitometers and peripheral bone densitometers.

Peripheral densitometers represents the largest and fastest growing segment, in volume terms, with a CAGR of 8.8% over the period 2000-2010. In Europe, the Axial Bone Densitometers market is estimated at $129.5 million for 2008.

The report titled "Bone Densitometers: A Global Strategic Business Report" published by Global Industry Analysts, Inc., offers both volume and value analysis for the period 2000-2015. The report covers major market dynamics, trends, growth drivers and competitive scenario in the Bone Densitometers market. Analysis is presented for established and emerging markets including United States, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East, and Latin America.

Major players profiled in the report include CompuMed, GE Healthcare, Hologic, Osteometer Meditech, Lone Oak Medical Technologies and Beammed Ltd. The report enumerates recent developments, mergers, acquisitions, and other strategic industry activities related to major market participants.

For more details of this research report please visit here.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

http://www.StrategyR.com

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