Dublin, Sept. 25, 2023 (GLOBE NEWSWIRE) -- The "Dual-Energy X-Ray Absorptiometry (DEXA) Market: Trends, Opportunities and Competitive Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global dual-energy X-ray absorptiometry (DEXA) market is expected to experience significant growth, reaching an estimated value of $307.8 million by 2028, with a compound annual growth rate (CAGR) of 5.6% from 2023 to 2028. Several key factors are driving this growth:
Key Drivers of the Dual-Energy X-Ray Absorptiometry (DEXA) Market:
- Accurate Scan Results: DEXA technology is known for delivering accurate scan results, regardless of the thickness and composition of soft tissue. This feature is driving the adoption of DEXA technology.
- Increasing Occurrences of Bone Disorders: Osteoporosis and other bone disorders are becoming more common among the global population. DEXA scans are used to diagnose and monitor these conditions, contributing to market growth.
- Applications in Healthcare and Research: DEXA technology finds applications in hospitals, clinics, universities, research institutions, and more. The demand for DEXA machines in healthcare facilities and research settings is propelling market expansion.
Market Segmentation:
The DEXA market is segmented based on various factors:
1. Product Type:
- Axial Bone Densitometer
- Peripheral Bone Densitometer
2. Application:
- Hospitals & Clinics
- Universities and Research Institutions
- Others
3. Region:
- North America
- Europe
- Asia Pacific
- The Rest of the World
Market Insights:
- Peripheral bone densitometers are expected to witness higher growth due to their ability to display genuine 3D objects in 2D projection and the growing requirement for peripheral X-rays with reduced radiation doses and greater efficacy.
- Hospitals and clinics are expected to remain the largest segment due to the increasing demand for DEXA machines to scan and identify disorders like osteoporosis.
- North America is anticipated to remain the largest region, driven by the presence of key players, a growing elderly population, and increasing cases related to osteoporosis.
Features of the DEXA Market Report:
- Market size estimates in terms of value.
- Trend and forecast analysis (2017-2022) and (2023-2028) for various segments and regions.
- Segmentation analysis by product type, application, and region.
- Regional analysis, including North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities analysis in different segments and regions.
- Strategic analysis, including mergers and acquisitions (M&A), new product development, and competitive landscape assessment based on Porter's Five Forces model.
Key Questions Answered by the Report:
- What are the high-growth opportunities in the global DEXA market by product type, application, and region?
- Which segments are expected to experience faster growth and why?
- Which region is anticipated to have the highest growth, and what are the driving factors behind this?
- What are the key factors affecting market dynamics, challenges, and risks?
- What are the business risks and competitive threats in the market?
- What are the emerging trends and changing customer demands in the DEXA market?
- Who are the major players in this market, and what strategies are they pursuing for business growth?
- What are the competitive threats and risks in the market?
- What recent developments have occurred in the market, and which companies are leading these developments?
- Are there competing products in the market, and how significant is the threat of product substitution?
- What M&A activities have taken place in the past five years, and what impact have they had on the industry?
Companies Mentioned
- GE Healthcare
- Hologic
- OSTEOSYS
- DMS
- Swissray
- Medilink
- Xingaoyi
For more information about this report visit https://www.researchandmarkets.com/r/i9slxe
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