Key Highlights of the Report:
Worldwide Growing incidence of osteoporosis: The growing incidence of osteoporosis is the major factor for increasing the demand for bone sonometers.
Increased Focus on Preventive Health: Growing awareness of bone health and the importance of early screening for conditions like osteoporosis and fracture risks is boosting the adoption of bone sonometers.
North America's Leadership: The North American bone sonometers market is the largest and most developed due to its robust healthcare infrastructure, high patient awareness, and increased focus on preventive care.
Asia-Pacific Growth: There is huge growth in the Asia-Pacific region due to growing cases of osteoporosis, government support, and funding to increase awareness regarding bone health screening.
According to a new report by UnivDatos, the Bone Sonometers Market is expected to reach USD Million in 2032 by growing at a CAGR of 5.7%. The bone sonometers market has been propelled by the rising incidences of osteoporosis and related fractures, and the elderly population’s need for cost-effective and efficient methods of bone density assessment. Advancements in preventive care with regard to bone-related diseases are putting pressure on various care providers to embrace non-invasive, portable, and radiation-free equipment such as the bone sonometer. New technologies in ultrasonic diagnostic technology for imaging and the shift from centralized laboratory testing to near-patient testing are also propelling the market’s growth.
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Rising Incidence of Osteoporosis
Increased incidence of osteoporosis is one of the major growth factors for bone sonometers as more populations are affected. Osteoporosis is a condition in which bones become fragile and prone to brittle fractures, and Statistics show that cases of osteoporosis are on the rise largely due to advancing age. The WHO estimates that over 200 million persons suffer from osteoporosis in the world – most of them are women in a postmenopausal period and the elderly. While populations grow old, especially in developed countries, osteoporosis rates also increase and hence there is a need for early diagnostic tools that can assist in the proper management of this condition. As a non-invasive, cost-effective, and radiation-free diagnostic technique, the use of bone sonometers for the identification of low BMD, a well-established marker for osteoporosis, is on the rise. They are less expensive and less invasive than other approaches that are currently available today like Dual-Energy X-ray Absorptiometry (DXA). Bone sonometers are quite versatile and can be used in several healthcare settings including hospitals, clinics, or any point of care and can be utilized in screening since they can assess individuals who might have osteoporosis early before they experience any fracture. As osteoporosis becomes increasingly more common, people are advised to get checked more frequently, subsequently creating a larger market for bone sonometers.
For instance, according to the International Osteoporosis Foundation, Osteoporosis is a major non-communicable disease and the most common bone disease, affecting one in three women and one in five men over the age of 50 worldwide. It is estimated that 75 million people in Europe, USA, and Japan are affected by osteoporosis. The incidence of osteoporosis and related fractures has significantly increased and will continue to increase in the future.
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According to the report, the Asia-Pacific region is expected to be the fastest-growing region in the forecast period
There are several important factors driving growth in the Asia-Pacific bone sonometers market such as the increased rate of aging in the region that is highly vulnerable to osteoporosis and other bone disorders, especially in countries such as Japan, China, and India. This demographic change has led to a demand for early detection and better care for bone health. There has been an increase in osteoporosis and fracture awareness resulting from prevention promotion by the government and other healthcare sector stakeholders. Cost-effective healthcare products and diagnostic tools including bone sonometers are essential for the young economy countries such as India in the Asia-Pacific region. Moreover, the availability of local manufacturers providing cost-effective bone sonometer options and growing advancement in healthcare technology further contribute to the market growth. These factors coupled with the shift to preventive healthcare are the major reasons why Asia-Pacific is the fastest-growing market in bone sonometers.
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Key Offerings of the Report
Market Size, Trends, & Forecast by Revenue | 2024−2032.
Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
Market Segmentation – A detailed analysis By Design, By Application, By End-user, and Region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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