New research report offers detailed research on developments in Contract Research Organization (CRO) Market 2027

 The Global Contract Research Organization (CRO) Market is expected to grow at a CAGR of 11.48% during the forecast period.

The changing economy has compelled big pharmaceutical companies to outsource many of their critical operations including research and manufacturing of the therapeutic drugs and medical devices. This has provided favourable backgrounds for the development of the Contract Research Organizations (CRO).

The Contract Research Organizations are those which provides clinical trial and other research support services to pharmaceutical/biotechnology industries and medical device industries, besides others. Moreover, they can also serve government institutions, foundations, and universities in their research process.

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The contract research organizations bundle orders from many clients and thus achieve economies of scale which brings down the price. The reduced costs of manufacturing or service, then, can be transferred to the final client, thereby giving the benefit of cost efficiency. Therefore, economics of production and scale along with several other factors like focus on core competencies, mutual benefit to both contractor and client will drive the market growth. However, the contract research organization market can be restrained by the high cost of labour, structural changes in industry and employment, exchange rate volatility, flight of contract research to developing regions, and others. 

Contract Research Organization Market Segmentation

The global contract research organization market is segmented on the basis of segment, clinical trial phase, and end users.

On the basis of segment, the market is segmented drug discovery, clinical development, post marketing services, and others.

On the basis of clinical trial, the market is categorised into preclinical trials, phase I, phase II, phase III, phase IV, and others.

On the basis of end users, the contract research organization market is segmented into pharmaceutical/ biotechnology companies, medical devices companies, academic institutes and others.

Key players for global contract research organization market

The key players for the Global Contract Research Organization Market are Laboratory Corporation of America Holdings. (U.S.), QuintilesIMS (U.S.), PAREXEL International Corporation. (U.S.), Pharmaceutical Product Development, LLC. (U.S.), INC Research LLC (U.S.), PRA Health Sciences, Inc. (U.S.), ICON plc. (Europe) and others.

Contract Research Organization Market Regional Analysis

The Americas dominates the Global Contract Research Organization (CRO) Market owing to a well-developed healthcare sector and huge patient population. Apart from this, changing lifestyle and increasing healthcare expenditure have boosted the growth of the market in America.  Moreover, the presence of developed economies like the U.S. and Canada within the region will boost the market growth. 

Europe is the second-largest global contract research organization market, which is followed by Asia Pacific. Availability of funds for research, huge patient population, increasing healthcare expenditures, a well-developed healthcare sector and government support for research & development are projected to drive the market growth during the forecasted period. Regionally, Europe is divided into Western Europe and Eastern Europe. Western Europe hold the major share of the regional market, which is majorly contributed by Germany, the U.K., and France. However, Eastern Europe is the fastest-growing region due to the huge opportunities in the untapped market. 

Asia Pacific is the fastest-growing region in global the contract research organization market due to the presence of a huge patient population, continuously developing economies like India and China which have increasing per capita healthcare expenditures. According to Indian Brand Equity Foundation in 2017, the Indian healthcare sector is one of the fastest-growing industries and is expected to advance at a CAGR of 22.87% during the review period to reach USD 280 billion by 2020. Moreover, favourable government policies fuel the market growth within this region. 

On the other hand, the Middle East & Africa holds the least share in the global contract research organization market due to presence of poor economy, especially, in the African region due to low per capita income and stringent government policies. Majority of the market of this region is held by the Middle East in this region due to the well-developed healthcare sector Moreover, the presence of developed economies like Kuwait, Saudi Arabia, Dubai and Qatar facilitates it to hold the market.

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Africa Medical Devices Market Revenue and Value Chain 2020-2027

 A medical device is any instrument, appliance including any software, biologic or non-biologic material, to be used for the diagnostic or therapeutic use for management of diseases and disorders. Africa presents both opportunities and challenges which are very different from the rest of world. The socioeconomic drivers include a guaranteed customer base as Africa has a disproportionate number of young people. It is estimated that 62% of the population in Africa is under 25 years as compared to Europe whose workforce is expected to shrink from 63% in 2010 to 51% in 2050. The second factor is the rising middle class of Africa. The regions with the greatest middle class population are South Africa, Nigeria, Algeria, Egypt and Morocco.

However there exists huge barriers too. The most formidable barrier is the low per capita income and the poor connectivity and infrastructure of Africa. Although Africa has a large middle class consumer base there exists the reality that approx. 60% of population survives on less than USD 2 a day. Thus two things should be noted

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African medical devices market is very price sensitive and opportunities lie at the lower end with devices with lower cost and features to dominate the segment. The first mover advantage is everything, as it is extremely difficult to dislodge the market leader due to lower profit margin on low cost devices and the smaller customer base. Thus the company which will dominate the market first will have a stranglehold on the market due to high switching costs and low competitors.

The other market barriers include high cost of imported medical devices and high sales tariffs, challenging and dynamic regulatory framework, low penetration of medical devices in Africa and differential connectivity in regions of Africa are factors restraining the growth of the market. Further political turmoil, the weak African currencies and their dependence on primary exports particularly mining are economic threats to the market. While technology and product development remain strong market strategies for medical devices the cost sensitivities of African market needs to be considered. Development of stronger biocompatible materials, growth of healthcare mobile applications, cloud integration are the leading themes. The other drivers of medical device market are rising cost of healthcare which stimulated development of innovative connected products such as wearable medical devices, demand for early detection and noninvasive therapies, growing awareness and spread of information technology, development of user friendly devices etc.

Taking all factors into consideration, we expect the Africa medical devices market to reach around $ 7069.61 million from $ 4900 million in 2017, by the end of the forecast period at a CAGR of ~ 6.3 %.
Study Objectives Africa Medical Devices Market:

• To provide detail analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Africa medical devices market
• To provide insights about factors affecting the market growth
• To analyze the market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments for Africa medical devices market
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by product type, by therapeutic applications, by end users and other sub segments.
• To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments globally.

Intended Audience:

• Medical Devices Manufacturers
• Medical Devices Suppliers
• Private Research Laboratories
• Research and Development (R&D) Companies
• Market Research and Consulting Service Providers
• Government Research Laboratories
• Contract Manufacturing Organizations

Key Players for Africa Medical Devices Market:
Some of the key players in this market are: Mindray Medical International Limited, Koninklijke Philips Electronics NV., Siemens Ltd, Toshiba Medical Systems Corporation, GE Healthcare, Medtronic, Johnson & Johnson and others.

Segments:

Africa medical devices market has been segmented on the basis of product type which comprises monitoring devices, diagnostic devices, diagnostic molecular devices, drug delivery devices, surgical devices, bio implants and stimulation devices, automation and robotics and others. On the basis of therapeutic application; market is segmented into general surgery, diagnostic imaging, respiratory, orthopedics, cardiovascular, dental, neurology, ophthalmology, ear-nose-throat (ENT), nephrology and urology, and others. On the basis of end users; market is segmented hospitals, ambulatory and home.

Regional Analysis of Africa Medical Devices Market:

The healthcare sector of Africa is divided between private and state. The public healthcare expenditure accounts for approximately 48 % of total health expenditure in 2014 with variation in different countries. Local manufacturing represents a poor outlook which is limited to consumables and ordinary articles and there are a handful of high tech devices manufacturers. Africa is extremely dependent on imports for medical devices and imports account for approximately 90 % of total market for medical devices and Chinese medical device suppliers dominate the scenario. Among the regions of Africa, South Africa and Egypt account for 40 % of market. Other important nations are Nigeria, Morocco and Algeria. Collaboration with large global companies and technical transfer will remain the key strategy for developing the regional African market as can be seen by the example of China.

The report for Africa Medical Devices Market of Market Research Future comprises extensive primary research along with the detail analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

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Saudi Arabia Medical Devices Market – Qualitative Insights by 2027

 Market Synopsis of Saudi Arabia Medical Devices Market: 

A Medical Device is any instrument, appliance including any software, biologic or non-biologic compatible material, to be used for the diagnostic or therapeutic use for management of diseases and disorders. The medical device industry is one of the fastest growing segment of healthcare industry chiefly driven by innovation and new technologies. The sector had witnessed an unprecedented growth and has revolutionized healthcare by the development of state-of-the-art medical devices. The medical devices industry has also resulted in the successful combination of information technology and healthcare and has catalyzed growth in both sectors.

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Technology and product development remain the main pillars for the growing market for medical devices. Although there has been application of new knowledge to medical devices but most innovations in medical devices are based on solving engineering problem. Development of stronger and biocompatible materials led the growth of bio-implants segment, while advancements in connectivity and processing power led the growth of diagnostic imaging sector. The other drivers of medical device market are rising cost of healthcare which stimulated development of innovative connected products such as wearable medical devices, falling cost of production and rising manufacturing capacities in electronic industry, demand for early detection and noninvasive therapies etc.

The market constraints are strict and ambiguous regulatory framework, growing concern for security especially data security, differential availability between developed and developing regions, connectivity issues in poor regions of the world etc.

Taking all factors into consideration, we expect the Saudi Arabia medical devices market to reach around $ 3870 million from $ 2250 million in 2017, by the end of the forecast period at a CAGR of ~9.5%.  Intended Audience:

• Medical Devices Manufacturers
• Medical Devices Suppliers
• Private Research Laboratories
• Research and Development (R&D) Companies
• Market Research and Consulting Service Providers
• Government Research Laboratories
• Contract Manufacturing Organizations

Top Players for Saudi Arabia Medical Devices Market:

Johnson & Johnson, General Electric, Medtronic, Koninklijke Philips Electronics NV., Baxter Internationa, Fresenius Medical Care AG & Co., Cardinal Health, Al-Salehiya Medical Estableshment, Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO), Al Amin Medical Instruments Company (AMICO), Al Faisaliah Medical Systems (FMS), Siemens Ltd and others.

Industry Segments: Saudi Arabia medical devices market has been segmented on the basis of product type which comprises monitoring devices, diagnostic devices, diagnostic molecular devices, drug delivery devices, surgical devices, bio implants and stimulation devices, automation and robotics and others. On the basis of therapeutic application; market is segmented into general surgery, diagnostic imaging, respiratory, orthopedics, cardiovascular, dental, neurology, ophthalmology, ear-nose-throat (ENT), nephrology and urology, and others. On the basis of end users; market is segmented into hospitals, ambulatory, home and others. 

Regional Analysis of Saudi Arabia Medical Devices Market: The healthcare sector of Saudi Arabia is divided between private and state. The public healthcare expenditure accounts for approximately 75% of total health expenditure in 2014. Local manufacturing represents a poor outlook which is limited to consumables and ordinary articles. The government has established some of the best hospitals in the region such as King Faisal specialist hospital and research center, Riyadh military hospital, Saudi Arabia’s National Guard health affairs hospital etc. Saudi Arabia is extremely dependent on imports for medical devices and imports account for approximately 92% of total market for medical devices. U.S. medical device suppliers dominate the scenario with European vendors in the second position. Among the regions of Saudi Arabia Riyadh tops the healthcare expenditure list followed by Tabuk, Makkah and Madina.

The report for Saudi Arabia Medical Devices Market of Market Research Future comprises extensive primary research along with the detail analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insights of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Orthopedic Trauma Devices Market Growth Insight Analysis 2020-2027

 The global orthopedic trauma devices market is expected to register an approximate CAGR of 8% during the forecast period. Devices used to treat traumatic orthopedic injuries are termed as orthopedic trauma devices. The most common orthopedic injuries are distal radius fracture, stress fractures, rotator cuff tear, shoulder dislocation/labral tear, meniscus tear, anterior cruciate ligament (ACL) tear, and others. The increase in a number of accidents and severe fracture incidences are key factors for the market growth. According to the Association for Safe International Road Travel (ASIRT) approximately, 3,287 people die every day due to road accidents and 20 to 50 million are injured. It also mentioned that if actions are not taken, road accidents can be among the top five causes of death by 2030. Such high incidences of road accidents drive the market growth. Furthermore, technological advancements, increase in adoption of minimally invasive surgical procedures, increased prevalence of osteoarthritis, and orthopedic sports injury are also expected to drive the growth of the orthopedic trauma devices market.

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However, factors such as high cost of orthopedic surgeries and the prevalence of product recalls are expected to hinder the market growth during the forecast period.

Segmentation

The global orthopedic trauma devices market is segmented on the basis of material type, product type, and end-user. The global orthopedic trauma devices market, by material type, is segmented into bioabsorbable materials, non-absorbable materials, and others. Bioabsorbable materials are categorized into Polyglycolic Acid (PGA), Polylactic Acid (PLA), and others. The non-absorbable materials segment is categorized into titanium, stainless steel, and others. The product type segment is further segmented into internal fixator and external fixator. The internal fixator segment consists of screws, plates, nails, patient-specific implants, and others. The external fixator segment includes rigid casts, unilateral frames, circular frames, and others. On the basis of end-user, the global orthopedic trauma devices market is segmented into hospitals and clinics, ambulatory surgical centers, orthopedic centers, emergency departments, and others. On the basis of region, the global orthopedic trauma devices market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.

The Americas is sub-segmented into North America and South America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia-Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa.

Key players

Some of the key players for the global orthopedic trauma devices market are Invibio (UK), BIOTEK (India), DePuy Synthes Companies, Ortho Max Manufacturing Company Pvt. Ltd., Auxein Medical (India), Stryker, Johnson & Johnson Services, Inc. (US), Smith & Nephew, MEDTRONIC, B. Braun Melsungen AG,  Zimmer Holding Inc, Integra LifeSciences Corporation, and others.

Regional Market Summary

The orthopedic trauma devices market is dominated by North America owing to the increasing number of injuries in this region. According to the Centers for Disease Control and Prevention in 2015, 39 million people visited emergency departments due to injuries. Furthermore, increased adoption of technologically advanced medical implants and the growing healthcare expenditure contribute to enhance the market growth in this region.

It is estimated that Europe was the second largest in the global orthopedic trauma devices market. Rising health burden of injury drives the market in this region. According to the Injuries in Europe from 2012 to 2014, every year 37.8 million people visit ED departments across the EU, out of which 5.3 million were hospitalized for further treatments.  It also mentioned that EU spends EUR 80 billion each year on injury treatments. Such high expenditure for injury-related treatment influences the market growth in this region.

The orthopedic trauma devices market in Asia-Pacific is likely to witness growth owing to the increasing number of elderly people. According to the Asian Development Bank (ADB), Asia’s geriatric population is expected to reach 923 million by 2050. This provides favorable backgrounds for the market to grow in this region. Furthermore, rapidly changing technology, urbanization, and growing awareness of technologically advanced medical devices in this region influence the market growth.

The Middle East and Africa holds the least share in the global orthopedic trauma devices market due to the presence of stringent government policies and poor economies. However, the presence of MECOMED a medical device and imaging and diagnostics trade association drive the market growth in this region. MECOMED aims to enhance the patient care by introducing new medical technologies in the MEA region community.

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Impact of Existing and Emerging Global MHealth Market Trends And Forecast 2020-2027

 The global mHealth market is one of the fastest growing industries, owing to the changing dynamics of the legal and regulatory workflow and the intense competitive rivalry among large number of public companies. Mobile health (mHealth) is also one of the most modernized trends in the healthcare industry that has shown tremendous progress in the last few years. This trend is observed due to the increasing growth of personal health devices, which can be easily worn or used with a smartphone or tablet. The various factors that influence the growth of mHealth market are patient’s involvement in personal healthcare, implementation of smartphones and wearable devices into healthcare industry, integration of wireless technologies with healthcare devices that are portable, benefits of Cost effectiveness and patients’ convenience and Increase in lifestyle diseases. Globally the market for mHealth is expected to grow at 36.5% CAGR (2016-2022).

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Key Players for mHealth Market
Some of the key players in this market are: Agamatrix, INC, Alivecor, INC, Apple, INC, Athenahealth INC, AT&T, INC, Biotelemetry INC. (CARDIONET), GE Healthcare, Google INC, Jawbone INC, Johnson & Johnson, Laboratory Corporation of America Holdings, Philips Healthcare and others.

Key Finding

• The mHealth global market is expected to reach $ 21.71Billion by 2022.
• Americas holds the largest market share of 34% of mHealth market globally.
• Europe market is expected to grow at a CAGR of 35.65%.
• Monitoring application segment hold 61.8% market share of global mHealth market by application.

 mHealth Market Segments      

mHealth market has been segmented on the basis of therapeutics which comprises of diabetes, respiratory, mental and neurological disorders, fitness & lifestyle therapeutics and others. Whereas on the basis of application the market is segmented into monitoring applications, diagnosis & treatment, education and awareness, healthcare management, wellness & prevention, remote data collection

Regional Analysis of mHealth Market                                                                      

Globally Americas is the largest market for mHealth market. The large size of the market can be attributed due to increasing digital advancement in medical technology. Asia-Pacific is the second-largest for mHealth market. Europe mHealth market is expected to grow with a steady pace.                         

North America

• US
• Canada

Europe

• Germany
• France
• Italy
• Spain
• UK
• Rest of Europe

Asia

• China
• India
• Japan
• South Korea
• Rest of Asia
• Pacific

Latin America, Middle East & Africa

The report for mHealth market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

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New research report offers detailed research on developments in Oral Mucositis Market 2027

 The global Oral Mucositis Market size is expected to register 7.1% CAGR during the forecast period of 2019 to 2025, with a market value of USD 2,247 million in 2018. Oral mucositis is an acute inflammation or ulceration of the oral or oropharyngeal mucosal membranes. It can cause pain/discomfort, interfere with swallowing, eating, and speech, and may lead to infection. The global oral mucositis market is driven by factors such as rising incidences of cancer globally and increasing oral mucositis drug development. For instance, according to the National Center for Biotechnology Information, oral mucositis occurs in up to 40% of cancer patients that receive chemotherapy and approaches 100% in the treatment of head and neck cancers. Additionally, according to National Cancer Institute, an estimated 1,735,350 new cases of cancer were diagnosed in the US in 2018. Furthermore, according to the US Department of Health and Human Services, the prevalence of cancer in the US is 439.2 per 100,000 men and women. Moreover, according to WHO, there are 3.7 million cases of cancer in Europe every year. On the other hand, most of the drugs are not to be ingested, which restricts their usage for oral mucositis is projected to hamper the growth of the market during the assessment period. Moreover, major companies in the market are involved in strategic acquisitions, collaborations, and mergers, and receive new patents to sustain their position in the market. For instance, in February 2019, Innovation Pharmaceuticals receives new patent for compounds for use in treatment of oral mucositis. The patent covers methods for treating and/or preventing mucositis with one or more compounds, or pharmaceutically acceptable salts.

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Oral Mucositis Market Segmentation

The global oral mucositis market has been segmented based on cause, end user, and region.

The market, based on cause, has been bifurcated into oral mucositis caused by chemotherapy, oral mucositis caused by radiotherapy, and oral mucositis caused by hematopoietic stem cell transplantation

The global market, based on end user, has been segmented into hospitals, dental clinics, oncology hospitals, and research institutes. Based on cause, the oral mucositis caused by chemotherapy segment is expected to hold a major share in the market as chemotherapy is widely used as a treatment method for cancer. For example, according to the US Department of Health & Human Services, every year, about 650,000 cancer patients receive chemotherapy in an outpatient oncology clinic in the US. Based on end user, the hospitals segment is expected to hold a major share in the market due to its close association with cancer availability of all possible treatment options.

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The oral mucositis market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European oral mucositis market has been sub-divided into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The oral mucositis market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The oral mucositis market in the Middle East & Africa has been divided into the Middle East and Africa.

Global Oral Mucositis Market, by Cause

• Oral Mucositis Caused by Chemotherapy
• Oral Mucositis Caused by Radiotherapy
• Oral Mucositis Caused by Hematopoietic Stem Cell Transplantation

Global Oral Mucositis Market, by End User

• Hospitals
• Dental Clinics
• Oncology Hospitals
• Research Institutes

Key Players

The key players operating in the global oral mucositis market are Izun Pharmaceuticals Corporation, Shoreline Pharmaceuticals, Inc, AMAG Pharmaceutical Inc, Innovation Pharmaceuticals, The Himalaya Drug Company, Access pharmaceuticals, EKR therapeutics Inc, EUSA Pharma Inc, Swedish Orphan Biovitrum AB (publ), Soligenix, and Daewoong Co. Ltd.

Regional Market Summary:

 The market in the Americas is expected to dominate the oral mucositis market due to the increasing incidences of head and neck cancers. For example, according to the American Society of Clinical Oncology (ASCO), head and neck cancer account for about 4% of all cancers in the US. In 2019, an estimated 65,410 people will develop head and neck cancer. High cases of cancer in the US and Canada is expected to drive the market growth. Furthermore, increasing expenses in research by healthcare bodies engaged in improving oral mucositis treatment are the factors contributing to its largest share is expected to fuel the growth of the market in this region. The market in Europe showed a considerable amount of growth. This can be attributed to the presence of a well-established healthcare system, an increase in cancer diseases, and the involvement of key companies. For instance, in April 2016, EUSA Pharma announces the acquisition of global rights to next-generation oncology supportive care product Arcoral Tab from Arcoral Pharma. The market in Asia-Pacific is projected to have a steady growth rate during the forecast period owing to the increasing prevalence of cancer and increasing government initiatives for healthcare reforms. The market in the Middle East & Africa is projected to account for the least share of the global market due to low per capita disposable income in the region. 

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Bone Densitometer Systems Market 2020 Global Trend, Segmentation and Opportunities Forecast To 2027

 Bone densitometry is a type of non-invasive technology which is used to measure bone mass. This technology measures the amount of loss of bone mass in a patient’s body. Bone mass is the weight of the skeleton, overall or in specific regions. Nowadays, bone densitometry is used as an established standard to measure the bone material density. The market for bone densitometer is growing at a comparatively good rate. Growing senior population which are highly susceptible to bone related diseases has fueled the growth of bone densitometer market. 

The global bone densitometer systems market is expected to reach around USD 1.2 billion by the end of the forecast period and is expected to grow at a CAGR of ~5.3%.

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Market Drivers and Restraints:

The primary reasons for the growth of the global bone densitometers market are the technological advancement and growing population of senior citizens who are highly susceptible to bone-related ailments. This market has been segmented on the basis of end user, technology, type, and lastly, region. Based on end users, this market has been segmented into academic & research institutes, diagnostic centers, hospitals, specialty clinics, and others. The technology-based segmentation segments the market into dual-energy X-Ray absorptiometry (DXA), quantitative computed tomography (QCT), radiographic absorptiometry (RA), single X-Ray absorptiometry (SXA), and others. High quality scanner machines are making these technologies more reliable. By types, the market has been segmented into central scanners, peripheral scanners, and others.

The regional segmentation of the global bone densitometers market into the continent-based regional markets namely The Americas (North America & South America), Europe, Asia Pacific, and the Middle East & Africa (MEA). The Americas segment is the largest regional market for bone densitometers because of technological advancement. North America as a market is bigger than South America due to the availability of more advanced technology. The American market for bone densitometers is expected to reach around US $ 650 mn by the end of the forecast period. In North America, the most powerful economy is the United States of America (USA). Dalios Denture and Hearing Clinic in Chatham and Starkey Hearing Technologies have donated ,000 towards the Foundation of Chatham-Kent Health Alliance’s Diagnostic Imaging Equipment Renewal Campaign. The funds will be used to purchase diagnostic medical equipment for Chatham-Kent that includes a bone densitometer, and a just-installed SPECT-CT scanner.

Europe is the second largest market. It has a high density of population, but in terms of technological advancement, it lags behind North America. The most important country-specific market are France, Germany, Italy, Spain, and the United Kingdom (UK), followed by the rest of Europe. According to the report, Asia Pacific region is expected to be a fastest growing region in the bone densitometers market during the forecast period. The significant country-specific markets in this region are China, India, Japan, and South Korea, followed by the rest of the Asia Pacific region. In the Asia Pacific, there are few countries that are technologically advanced. In the MEA region, the market is limited. Reasons for the limited market growth in this region are lack of awareness, lack of education, lack of technological development, political instability, and healthcare not considered a priority by majority governments in this region.

Key Players

The key players in the global bone densitometers market include Aarna Systems And Wellness Pvt. Ltd. (India), DMS Imaging (France), Echolight SPA (Italy), General Electric Company (USA), Hologic, Inc. (the USA), MedWrench LLC (USA), Osteosys Co. Ltd (South Korea), Schick Sirona (USA), Swissray (USA), and Tecnicare Healthcare Company (USA).

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