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Global Dual Energy X-ray Absorptiometry Market to reach USD XX million by the end of 2029

Global Dual Energy X-ray Absorptiometry Market Size study & Forecast, by Application (Osteoporosis, Osteopenia, Others), By End-Use (Hospitals, Imaging Centres, Others) and Regional Analysis, 2022-2029

Product Code: HLSB-23863242
Publish Date: 20-03-2023
Page: 200

Global Dual Energy X-ray Absorptiometry Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Dual-energy X-ray absorptiometry (DEXA) is a medical imaging technique used to assess the bone mineral density and detect osteoporosis. This process is also known as densitometry. DEXA is a more reliable approach that uses two energies to obtain precise results independent of the thickness and composition of the soft tissue, exposing users to less radiation. The increasing adoption of DEXA as a diagnostic tool for osteoporosis, increasing demand for early diagnosis and treatment of bone diseases, as well as the increasing number of chronic diseases in the mass, are primarily driving the growth of the market.

According to IOF research, the amount of individuals in Asia with osteoporosis and osteopenia is anticipated to climb to 286.6 million by 2020 and 533.3 million by 2050. Hip fractures have already increased two- to thrice in most Asian nations during the previous 30 years. Similarly, according to WHO, non-communicable diseases and chronic diseases account for around 41 Million deaths globally equivalent to 74%, thus, in turn, these factors are expected to escalate the demand for DEXA devices in the global market. Furthermore, increasing osteoporosis incidences in the ageing population and development of DEXA devices are providing tremendous potential for market expansion in the following years. However, complexity in the operation of DEXA devices is restricting the market growth over the forecast period of 2022-2029.

The key regions considered for the Global Dual Energy X-ray Absorptiometry Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. The North America dominated the market in terms of revenue due to various regional organizations’ combined efforts to increase their R&D skills and maintain good medical standards. Whereas, Asia Pacific is also expected to grow at the highest growth rate over the forecasting period. Factors such as rising expenditure on healthcare infrastructure and growing awareness about the benefits of dual emission x-ray absorptiometry (DEXA) equipment are burgeoning the market growth in the forecasting years.

Major market players included in this report are:
GE HealthCare Technologies Inc.
Hologic, Inc.
Medilink International
Swissray Medical AG
Fonar Corporation
Osteometer Meditech Inc.
Furuno Electric Co., Ltd.
BeamMed Ltd.
Scanflex Healthcare AB
Medonica Co., Ltd.
Recent Developments in the Market:
 In April 2022, the installation of the Horizon DXA bone densitometry equipment from Hologic Inc. has allowed Newman Regional Health to increase the range of health and wellness services it offers to both men and women.
 In March 2022, Aurora Spine Corporation executed one of the first DEXA-C implantations in history, where the implant density perfectly matched the patient’s bone quality at Cypress Pointe Surgical Hospital in Louisiana.
Global Dual Energy X-ray Absorptiometry Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, End-Use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

By End-Use:
Imaging Centres

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Dual Energy X-ray Absorptiometry Market, by Region, 2019-2029 (USD Million)
1.2.2. Dual Energy X-ray Absorptiometry Market, by Application, 2019-2029 (USD Million)
1.2.3. Dual Energy X-ray Absorptiometry Market, by End-Use, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Dual Energy X-ray Absorptiometry Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Dual Energy X-ray Absorptiometry Market Dynamics
3.1. Dual Energy X-ray Absorptiometry Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing Adoption of DEXA devices Increasing demand for Early Diagnosis and treatment of Bone Diseases Increasing Chronic diseases in the mass
3.1.2. Market Challenges Complexity in operation of DEXA devices
3.1.3. Market Opportunities Increasing Osteoporosis incidences in aging population Development of DEXA devices
Chapter 4. Global Dual Energy X-ray Absorptiometry Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Dual Energy X-ray Absorptiometry Market, by Application
6.1. Market Snapshot
6.2. Global Dual Energy X-ray Absorptiometry Market by Application, Performance – Potential Analysis
6.3. Global Dual Energy X-ray Absorptiometry Market Estimates & Forecasts by Application 2019-2029 (USD Million)
6.4. Dual Energy X-ray Absorptiometry Market, Sub Segment Analysis
6.4.1. Osteoporosis
6.4.2. Osteopenia
6.4.3. Others
Chapter 7. Global Dual Energy X-ray Absorptiometry Market, by End-Use
7.1. Market Snapshot
7.2. Global Dual Energy X-ray Absorptiometry Market by End-Use, Performance – Potential Analysis
7.3. Global Dual Energy X-ray Absorptiometry Market Estimates & Forecasts by End-Use 2019-2029 (USD Million)
7.4. Dual Energy X-ray Absorptiometry Market, Sub Segment Analysis
7.4.1. Hospitals
7.4.2. Imaging Centres
7.4.3. Others
Chapter 8. Global Dual Energy X-ray Absorptiometry Market, Regional Analysis
8.1. Dual Energy X-ray Absorptiometry Market, Regional Market Snapshot
8.2. North America Dual Energy X-ray Absorptiometry Market
8.2.1. U.S. Dual Energy X-ray Absorptiometry Market Application breakdown estimates & forecasts, 2019-2029 End-Use breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Dual Energy X-ray Absorptiometry Market
8.3. Europe Dual Energy X-ray Absorptiometry Market Snapshot
8.3.1. U.K. Dual Energy X-ray Absorptiometry Market
8.3.2. Germany Dual Energy X-ray Absorptiometry Market
8.3.3. France Dual Energy X-ray Absorptiometry Market
8.3.4. Spain Dual Energy X-ray Absorptiometry Market
8.3.5. Italy Dual Energy X-ray Absorptiometry Market
8.3.6. Rest of Europe Dual Energy X-ray Absorptiometry Market
8.4. Asia-Pacific Dual Energy X-ray Absorptiometry Market Snapshot
8.4.1. China Dual Energy X-ray Absorptiometry Market
8.4.2. India Dual Energy X-ray Absorptiometry Market
8.4.3. Japan Dual Energy X-ray Absorptiometry Market
8.4.4. Australia Dual Energy X-ray Absorptiometry Market
8.4.5. South Korea Dual Energy X-ray Absorptiometry Market
8.4.6. Rest of Asia Pacific Dual Energy X-ray Absorptiometry Market
8.5. Latin America Dual Energy X-ray Absorptiometry Market Snapshot
8.5.1. Brazil Dual Energy X-ray Absorptiometry Market
8.5.2. Mexico Dual Energy X-ray Absorptiometry Market
8.5.3. Rest of Latin America Dual Energy X-ray Absorptiometry Market
8.6. Rest of The World Dual Energy X-ray Absorptiometry Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. GE HealthCare Technologies Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Hologic, Inc.
9.2.3. Medilink International
9.2.4. Swissray Medical AG
9.2.5. Fonar Corporation
9.2.6. Osteometer Meditech Inc.
9.2.7. Furuno Electric Co., Ltd.
9.2.8. BeamMed Ltd.
9.2.9. Scanflex Healthcare AB
9.2.10 Medonica Co., Ltd.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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