BONE DENSITOMETERS MARKET ANALYSIS

Bone Densitometers MarketSize and Trends

Rising prevalence of osteoporosis in geriatric population is expected to fuel growth of the bone densitometers market

According to International Osteoporosis Foundation, over 8.9 million fractures are caused due to osteoporosis, annually. Furthermore, around 200 million postmenopausal women suffer from osteoporosis, globally. According to Centers for Disease Control and Prevention (CDC), in 2016, around 25% women aged 65 and above were suffering from osteoporosis of the femur neck or lumbar spine and needed treatment, in turn fueling growth of the bone densitometers market.

According to Osteoporosis Canada, osteoporosis causes 70–90% of 30,000 hip fractures annually. Moreover, in 2012, treatment of osteoporosis was valued at around US$ 3.9 billion in Canada. Moreover, factors such as sedentary lifestyle, smoking, drinking, and unhealthy dietary habits may lead to osteoporosis. This in turn, increases demand for bone densitometers to diagnose disease, fuelling growth of the market. 

Increasing geriatric population and increasing medical tourism for orthopedic treatment in certain regions such as Asia Pacific are the major factors expected to fuel growth of the bone densitometers market over the forecast period.