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Global Bone Sonometer Market: By Product: Stand-Alone Bone Sonometers, Portable Bone Sonometers; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Bone Sonometer Market Outlook
The global bone sonometer market is anticipated to grow at a CAGR of 9% during 2021-2026. The market is further expected to expand from USD 9.8 billion in 2020 to USD 16.5 billion by 2026 during the forecast period of 2021-2026.
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The industry is propelling forward due to the increase in the number of geriatric population. North America is the leading bone sonometer market, globally, owing to the well-developed healthcare infrastructure in the US. The rising cases of hip fractures in regions like Middle East and Africa is driving the growth of the market in the region.
Properties and Applications
Bone sonometer is a device used to detect vertebral fractures by transmitting ultrasound energy into the human body. It is commonly used in the medication of osteoporosis.
Bone sonometer market can be broadly categorised on the basis of its product into:
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- Stand-alone bone sonometers
- Portable bone sonometers
The EMR report looks into the regional bone sonometer markets like North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.
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Market Analysis
The global bone sonometer market is being driven by the increasing prevalence of fractures and osteoporosis. The industry is further driven by the juvenile osteoporosis due to increasing nutritional deficiency in children. Moreover, the rising number of cases of bone disorders such as rheumatoid arthritis is expected to increase the global bone sonometer market. North America is dominating the market, followed by Europe due to the rising prevalence of osteoporosis and bone loss. The Asia Pacific is emerging as a significant market due to rising prevalence of vertebral fractures in men and women in the region. However, the accessibility of alternative diagnostic tools is expected to hinder the growth of the industry.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global bone sonometer market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- DMS Imaging
- General Electric Co.
- Osteosys Co., Ltd.
- Hologic Inc.
- Swissray Global
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Region |
| Breakup by Product | Stand-Alone Bone Sonometers, Portable Bone Sonometers |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | DMS Imaging, General Electric Co., Osteosys Co., Ltd., Hologic Inc., Swissray Global, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Bone Sonometer Market Analysis
6.1 Global Bone Sonometer Market (2016-2020) & Forecast (2021-2026)
6.2 Global Bone Sonometer Market Breakup by Product
6.2.1 Stand-Alone Bone Sonometers
6.2.2 Portable Bone Sonometers
6.3 Global Bone Sonometer Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
6.3.1 Stand-Alone Bone Sonometers
6.3.2 Portable Bone Sonometers
6.4 Global Bone Sonometer Market Breakup by Region
6.4.1 North America
6.4.1.1 United States of America
6.4.1.2 Canada
6.4.2 Europe
6.4.2.1 Germany
6.4.2.2 United Kingdom
6.4.2.3 France
6.4.2.4 Italy
6.4.2.5 Others
6.4.3 Asia Pacific
6.4.3.1 China
6.4.3.2 Japan
6.4.3.3 India
6.4.3.4 ASEAN
6.4.3.5 Others
6.4.4 Latin America
6.4.4.1 Brazil
6.4.4.2 Argentina
6.4.4.3 Mexico
6.4.4.4 Others
6.4.5 Mddle East & Africa
6.4.5.1 Saudi Arabia
6.4.5.2 United Arab Emirates
6.4.5.3 Nigeria
6.4.5.4 South Africa
6.4.5.5 Others
6.5 Global Bone Sonometer Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.1 North America
6.5.1.1 United States of America
6.5.1.2 Canada
6.5.2 Europe
6.5.2.1 Germany
6.5.2.2 United Kingdom
6.5.2.3 France
6.5.2.4 Italy
6.5.2.5 Others
6.5.3 Asia Pacific
6.5.3.1 China
6.5.3.2 Japan
6.5.3.3 India
6.5.3.4 ASEAN
6.5.3.5 Others
6.5.4 Latin America
6.5.4.1 Brazil
6.5.4.2 Argentina
6.5.4.3 Mexico
6.5.4.4 Others
6.5.5 Mddle East & Africa
6.5.5.1 Saudi Arabia
6.5.5.2 United Arab Emirates
6.5.5.3 Nigeria
6.5.5.4 South Africa
6.5.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Competitive Landscape & Supplier Analysis
9.1 DMS Imaging
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 General Electric Co.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Osteosys Co., Ltd.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Hologic Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Swissray Global
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Others
10 Industry Events and Developments
Key Questions Answered in the Report
In 2020, the global bone sonometer market attained a value of nearly USD 9.8 billion.
The industry is projected to grow at a CAGR of 9% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 16.5 billion by 2026.
The major drivers of the industry, such as the growing geriatric population, rising disposable incomes, increasing prevalence of bone disorders, hip fractures, and osteoporosis, and the improving healthcare facilities, are expected to aid the industry growth.
The key market trends guiding the growth of the industry include the launch of high precision bone sonometers and the growing technological advancements.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.
Stand-alone and portable bone sonometers are the leading bone sonometer products in the industry.
The major players in the industry are DMS Imaging, General Electric Co., Osteosys Co., Ltd., Hologic Inc., and Swissray Global, among others.
Analyst Review
The global bone sonometer market attained a value of nearly USD 9.8 billion in 2020, driven by the rising prevalence of osteoporosis and increased expenditure by the governments to improve healthcare facilities. Aided by the technological advancements, the industry is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 9%. The industry is projected to reach USD 16.5 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on products, the market can be bifurcated into stand-alone and portable bone sonometers. The major regional markets for bone sonometer are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include DMS Imaging, General Electric Co., Osteosys Co., Ltd., Hologic Inc., Swissray Global, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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