A key factor driving the growth of the market is the increasing number of people with orthopedic-related conditions. Orthopedic conditions such as osteoarthritis in women, osteopenia, and low bone density in children due to malnutrition have increased the need to check bone density. Osteoporosis mostly happens in women after menopause due to the decrease in the estrogen level in the body. It also affects the structure and strength of the bone and increases the risk of fractures. The early diagnosis of people with such orthopedic conditions requires the use of bone sonometers. The increase in the number of people with orthopedic and related conditions will drive the demand for bone sonometers.
As per Technavio, the technological advances in bone sonometers will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global bone sonometers market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Global bone sonometers market: Technological advances in bone sonometers
The growing adoption of bone sonometers has encouraged market vendors to develop technologically advanced products. Diagnosing people with osteoporosis requires a bone sonometer, in such cases, DXA bone sonometers are preferred. The incorporation of advanced technologies like 3D in DXA bone sonometers can help to conduct 3D modeling of the bone, which will improve the understanding of bone density. This 3D-DXA technology provides information on bone status, which includes bone geometry, cortical bone thickness, and BMD. Vendors are focusing on developing portable bone sonometers that are small in size and can be used as point-of-care diagnostic tools. The growing focus on technological advances is encouraging vendors to focus on integrating advanced technology with their products, which can provide better imaging, help in risk factor analysis, and also provide faster treatment and care.
“The growing number of people with osteoporosis, and high demand for bone density testing have driven the demand for bone sonometers. All the stakeholders and end-users in the market are focusing on improving the treatment process. In addition, many orthopedic departments in hospitals also provide services at their orthopedic outpatient clinics. The establishment of such orthopedic rehabilitation centers can boost the adoption of bone density diagnosis, leading to high sales of bone sonometers,” says a senior analyst at Technavio.
Global bone sonometers market: Segmentation analysis
This market research report segments the global bone sonometers market by product (stand-alone bone sonometer and portable bone sonometer) and geographical regions (North America, Europe, Asia, and ROW).
The North American region led the market in 2018, followed by Europe, Asia, and ROW respectively. However, during the forecast period, the Asian region is expected to register the highest incremental growth due to the growing geriatric population, increased healthcare spending, and the presence of global and local vendors in the region.
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