Bone Sonometer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Bone Sonometer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : March, 2020 | Medical Devices | PPT format

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Bone Sonometer Market: Overview

Bone sonometer is additionally called as bone densitometry gear where sound waves on communication with bone tissue offers data about essential and flexible tissue properties. Bone encounters moderate corruption over timeframe by minute crack, bone mass loss, fatigue damage, with maturing or healthful inadequacy during childbirth. By analyzing the health of the bone, bone sonometer devices can help in foresee the hazard for fracture and osteoporosis due to this condition. Different fringe skeletal locations that can be surveyed with bone sonometer incorporate calcaneus, phalanges of the hand, and tibia. What's more, it can likewise evaluate the auxiliary and biomechanical properties of bones that add to quality of bone.

The worldwide bone sonometer market measure was valued at US$864.mn in the year of 2017, and is relied upon to observe a CAGR of 5.32% over the time frame of 2018 to 2028.

Bone Sonometer Market: Trends and Opportunities

Bone sonometer is nearly more secure system against other densitometry gear, for example, X-ray absorptiometry with and fringe quantitative figured tomography, which makes presentation ionizing radiation. It is likewise easy to utilize and simple to move because of transportability highlights. Besides, bone sonometer estimates bone in two measurements, giving just an estimation of bone thickness. It is utilized to check mineral status in individuals of all ages including youngsters, grown-ups, and even people with geriatric issue.

Expanding rate of osteoporosis around the world, is relied upon to advance development of the market of bone sonometer increase in the frequency of bone fracture because of osteoporosis would be real purpose behind market development of the bone sonometer. As indicated by International Osteoporosis Foundation insights in the year 2017, over 8.9M bone fractures are caused because of osteoporosis, on a yearly basis. Besides, as indicated by same source, around 200M postmenopausal ladies experience the ill effects of osteoporosis in all over the world. As indicated by the CDC, in the year 2016, around 25 percent of women of age group 65 or more were experiencing osteoporosis of the femur neck or lumbar spine, and required treatment. Such cases will thus fuel the market development of the bone sonometer.

Bone Sonometer Market: Competitive Landscape

The majority of the key makers of bone sonometer are concentrating on giving portable models, which can be effortlessly associated with digital platforms and computers, take less measure of examination time, and simple to carry anyplace. Pegasus Smart is one such bone sonometer by DMS imaging, which takes just around one moment to look at bone thickness at fringe bones. It can put away to 300 pictures of the tests and these pictures can be seen on laptops or desktop machines, for example, electronic health record or healthcare executives, for simple access. A few gadgets offer age group setup exclusively including neonatal, pediatric, and grown-ups and multisite thickness checking as against customary bone sonometer that is for the most part utilized at phalanges and calcaneus.

Bone Sonometer Market: Competitive Landscape

The major players working in the global bone sonometer market segment has GE Healthcare, Hologic Inc., DMS Imaging, Echolight, Osteocys Co. Ltd., Medilink, BeamMed Ltd., and Furuno Electric Co., Ltd

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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