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Thursday, August 31, 2023

Lucintel Forecasts Dual-Energy X-Ray Absorptiometry Market to Reach $307.8 Billion by 2028

According to the recent study the dual-energy x-ray absorptiometry market is projected to reach an estimated $307.8 billion by 2028 from $234.4 billion in 2023, at a CAGR of 5.6% from 2023 to 2028. Growth in this market is primarily driven by growing need for this technology to deliver accurate scan results regardless of the thickness and composition of the soft tissue and increasing occurrences of osteoporosis and other bone disorders among people.

A more than 150–page report is developed to understand trends, opportunities and forecast in dual-energy x-ray absorptiometry market by product type (axial bone densitometer and peripheral bone densitometer), application (hospitals & clinics, universities & research institutions, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

“Peripheral bone densitometer market is expected to remain the largest segment during the forecast period.”

Based on product type, the dual-energy x-ray absorptiometry market is segmented into axial bone densitometer and peripheral bone densitometer. Lucintel forecasts that the peripheral bone densitometer market is expected to remain the largest segment due to the increasing usage of this tool to display a genuine 3D object in 2D projection and growing requirement for peripheral x-rays owing to their reduced radiation dose and greater efficacy.

“Within the dual-energy x-ray absorptiometry market, the hospital & clinic segment is expected to remain the largest application.”

Based on application the hospital & clinic segment is expected to witness the highest growth over the forecast period due to the growing demand for dual-energy x-ray absorptiometry machines in healthcare facilities to easily scan or identify disorders like osteoporosis.

“North America will dominate the dual-energy x-ray absorptiometry market in near future.”

North America will remain the largest region due to the presence of key players, growing number of elderly population, and increasing cases related to osteoporosis in the region.

Major players of dual-energy x-ray absorptiometry market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. GE Healthcare, Hologic, OSTEOSYS, DMS, Swissray, Medilink, and Xingaoyi are among the major dual-energy x-ray absorptiometry providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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