Global Bone Densitometer (BDM) Market 2016-2020
Our team recognizes the following companies as the key players in the global bone densitometer (BDM) market: CompuMed, DMS, GE Healthcare, Hologic, Swissray, BeamMed, Furuno Electric, Lone Oak Medical Technologies, MEDILINK, Osteometer Meditech, Osteosys, and Scanflex Healthcare.
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Commenting on the report, an analyst from our team said: “Medical tourism initiatives related to chronic diseases require early diagnosis as these medical conditions can potentially cause bone weakening, thereby leading to fractures in various parts of the body. Some of the countries that are popular for medical tourism initiatives include Costa Rica, Mexico, Singapore, India, Taiwan, Israel, Malaysia, South Korea, Thailand, and Turkey, which offer cost-effective treatment for cancer and other chronic diseases. A significant change in the number of people traveling to different countries is a trend that will boost the BDM market due to the availability of cost-effective treatments.”
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According to the report, growth in demand for bone density measurement will be a key driver for market growth. The market has witnessed an increase in demand for bone density measurement tests owing to the improved precision and accuracy of BDMs and a high acceptance rate among end-users. An increase in awareness of the benefits of early disease diagnosis will further aid in sustaining the acceptance of BDMs worldwide. The growing prevalence of osteoporosis and other age-related bone diseases such as rheumatoid arthritis would result in the necessity for early detection of bone-related metabolic ailments. Early diagnosis and treatment will lead to a reduced number of fractures among individuals. This has led to a high demand for better diagnostic and therapeutic tools such as BDMs to address bone health issues for individuals of all ages. The demand for BDMs will be continually growing as it caters to the needs of the fast growing elderly population with high incidence rates of osteoporosis and various associated fractures.
Further, the report states that individuals in this field need to have an undergraduate degree in radiology or a related field, along with specific training and certifications. A densitometry technologist must have the knowledge of skeletal anatomy, densitometry techniques, radiation safety, basic statistics, and quality control procedures. In most cases, it is easy to collect data with a BDM, but the major challenge is the data interpretation. In order to operate the instruments and analyze a sample, the user must have a significant level of training with not only the method and the instrument but also the software required to run the analysis and collect the data. Therefore, end-users need to invest heavily in providing training to their employees in how to use BDM solutions effectively.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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