SEATTLE, July 22, 2021, (MEDGADGET) — Global Bone Sonometer Market Analysis
Overview
A bone sonometer, also known as a bone densitometry machine, is a piece of equipment that uses sound waves to determine the elastic and structural characteristics of bone cells. Microscopic fractures, impact forces, deterioration of bone density with ageing, or nutritional insufficiency at birth all contribute to the progressive disintegration of bone over time. The bone sonometer can determine the probability of osteoporosis and fracture related to this condition by measuring bone health. The calcaneus, phalanges of the hand, and tibia are some of the peripheral skeletal locations that may be evaluated using a bone sonometer. It may also evaluate the structural and biomechanical features of bones that influence bone strength.
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Other densitometry technology, such as dual-energy X-ray absorptiometry and peripheral quantitative computed tomography, which expose patients to ionizing radiation, are less safe than bone sonography. Due to the mobility qualities, it is very simple to use and transport. Furthermore, a bone sonometer only provides an estimate of bone density by measuring bone in two dimensions. It is used to assess mineral status in people of various ages, including children, adults, and the elderly.
The global bone sonometer market was worth US$ 864.3 million in 2017, and it is predicted to grow at a CAGR of 5.32 percent between 2018 and 2026.
Drivers
The rising prevalence of fractures caused by osteoporosis will be a key driver of global bone sonometer market expansion. As per the International Osteoporosis Foundation, osteoporosis is responsible for about 8.9 million fractures per year. According to the same source, about 200 million postmenopausal women worldwide struggle with osteoporosis. As per the Centers for Disease Control and Prevention (CDC), nearly 25% of women aged 65 and over had osteoporosis of the femur neck or lumbar spine in 2016 and required treatment. As a result, the global bone sonometer market will continue to rise.
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Restraints
Although, the introduction of other analysis methods such as dual energy X-ray absorptiometry may limit the growth of the global bone sonometer market. In comparison to quantitative ultrasound equipment like the bone sonometer, these equipment are generally available and require a minimal amount of time to scan. Several new dual-energy X-ray absorptiometry devices have been introduced, which may stifle growth of the global bone sonometers market.
The global bone sonometer market is projected to develop due to product innovation and an increase in the global geriatric population.
The expansion of the global bone sonometer market is inherently linked to innovation in bone sonometer goods, especially in developed areas like North America and Europe, which already have one of the highest per capita expenditures and robust healthcare infrastructure.
The majority of bone sonometer producers are concentrating on producing portable devices that can be quickly connected to computers and digital platforms, take less examination time, and are convenient to transport. DMS imaging’s Pegasus Smart is one such bone sonometer, which examines bone mass at peripheral bones in less than a second. It can retain up to 300 diagnostic photos, which may then be uploaded to a tablet or a permanent workstation for convenient access, such as a telehealth or telemedicine. In contrast to typical bone sonometers, which are usually employed at the calcaneus and phalanges, certain devices provide age group specific configuration (neonatal, pediatric, and adult) and multisite density scanning.
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Furthermore, as per Coherent Market Insights’ report, the global elderly population is likely to drive the growth of the global bone sonometer market. Due to decreased bone mass, geriatric people are the most vulnerable to hip fractures. Fracture incidence might be reduced greatly if bone health is assessed early. As per the 2017 World Population Prospects Report, the global population is expanding toward older age groups. In 2017, over 962 million individuals worldwide were 60 or older, accounting for 13% of the global population. Furthermore, by 2025, the population is predicted to exceed 1.3 billion, representing an annual growth rate of roughly 3%.
Competitive Landscape
Major companies contributing in the global bone sonometer market are DMS Imaging, Echolight, GE Healthcare, Hologic, Inc., Furuno Electric Co., Ltd., Medilink, BeamMed Ltd., and Osteocys Co. Ltd.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Design
- Market Devices, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- New Product Launches
- Technology Evolution
- Mergers and Acquisitions
- Product Mapping Of Key Companies
- Regulatory Scenario
- PEST Analysis
- Porters Five Forces model
- Market Dynamics
- Global Bone Sonometer Market, By Product Type, 2018 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2017 and 2026(%)
- Y-o-Y Growth Analysis, 2018 – 2026
- Segment Trends
- Portable Bone Sonometer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Stand Alone Bone Sonometer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Introduction
- Global Bone Sonometer Market, By End User, 2018 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2017 and 2026 (%)
- Y-o-Y Growth Analysis, 2018 – 2026
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Introduction
- Global Bone Sonometer Market, By Region, 2018 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2017 and 2026 (%)
- Y-o-Y Growth Analysis, For Regions, 2018 – 2026
- North America
- Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2018-2026, (US$ Million)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of APAC
- Middle East
- Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2018-2026, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2018-2026, (US$ Million)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Market Share Analysis
- Company Profiles
- Analyst Views
- Section
- References
- Research Methodology
- About us and Sales Contact
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