Reports and Insights (R&I) has published a new report titled, “Ultrasound Bone Sonometers Market: Opportunity Analysis and Future Assessment 2020-2028”
Global Ultrasound Bone Sonometers Market, by Type (Calcanea and Multiple parts), by End User (Hospitals, Clinics, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The ultrasound bone sonometers market is estimated to reach at a value of US$ 10.5 Bn by the end of 2022 and expected to reach at a value of US$ 16 Bn by 2030 with a significant CAGR of 5.4%.
As per the report, the growing cases of ailments like osteoporosis, Rheumatoid Arthritis, Hyperthyroidism and other related diseases leading to serious bone fractures is majorly contributing to the growth of the global ultrasound bone sonometers market. Also, the increasing incidences of road accidents across the world and leading to serious bone damages is also boosting the global market of ultrasound bone sonometers market.
Also, the developing population of geratic population all over the globe is also boosting the growth of the global ultrasound bone sonometers market share. Moreover, according to International Osteoporosis Foundation statistics in 2017, over 8.9 million fractures are caused due to osteoporosis, annually. Furthermore, according to same source, around 200 million postmenopausal women suffer from osteoporosis, globally. Additionally, the technological advancements in the overall healthcare industry and the appurtenances used for bone assessment as well as osteoporosis diagnosis and monitoring is also playing a major role in driving the growth of the global ultrasound bone sonometers market.
Furthermore, bone sonometer is a tool that disseminates ultrasound energy into the human body to assess and regulate bone health and It is a painless and quick procedure, which gives a positive growth to the global Ultrasound Bone Sonometers Market. In addition to that, it requires a tiny amount of radiation to generate an image of the inside of the body i.e., wrist, hips, and lower spine, to determine bone loss, which means that there is no such risk from the radiation to the patients and it is fully safe.
Conclusively, the global ultrasound bone sonometers market is propelled with a positive and faster growth. Other driving factors fueling the growth of the global ultrasound bone sonometers market are augmenting safety awareness among the population with regard to a healthy and fulfilling lifestyle. However, growth of the ultrasound bone sonometer market may be restrained majorly due to wider adoption of other scanning techniques such as dual energy X-ray absorptiometry.
R&I Study identifies some of the key participating players in Ultrasound Bone Sonometers Market globally are GE Healthcare, Hologic Inc., Lone Oak Medical Technologies LLC., Medilink, Osteosys Co. Ltd., Osteometer Meditech Inc., DMS Imaging, BeamMed Ltd., Echolight S.p.A., and Furuno Electric Co. Ltd.
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