Dual-energy X-ray Absorptiometry Market (DEXA Market) to reach USD 1,163 Million by 2032, growing at 7.7% CAGR

LOS ANGELES, Oct. 17, 2023 (GLOBE NEWSWIRE) -- The Global Dual-energy X-ray Absorptiometry (DEXA) Market Size accounted for USD 560 Million in 2022 and is projected to achieve a market size of USD 1,163 Million by 2032 growing at a CAGR of 7.7% from 2023 to 2032.

Key Points and Statistics on the Dual-energy X-ray Absorptiometry Market:

• The Global Dual-Energy X-Ray Absorptiometry Market size is projected to expand to USD 1,163 Million by 2032, growing at a CAGR of 7.7% from 2023 to 2032.
• DEXA scans are primarily used to diagnose osteoporosis, assess the risk of fractures, and monitor changes in bone density.
• With technological advancements, the market is seeing the introduction of portable and more efficient DEXA machines, making the procedure more accessible.
• Leading players in the market include Hologic, Inc., OSTEOSYS, Swissray Medical AG, Medilink International, GE Healthcare, Osteometer Meditech Inc. and BeamMed Ltd., among others.

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Dual-Energy X-Ray Absorptiometry Market Coverage:

Dual-energy X-ray Absorptiometry Market Overview and Analysis:

DEXA might seem like a specialized diagnostic tool, but its significance in healthcare is undeniable. This technology is transforming the medical field, from osteoporosis diagnosis to body composition analysis. The DEXA market is dedicated to producing devices that improve the precision and efficiency of bone health assessments. However, market growth might face challenges like high costs and limited accessibility in certain regions. In essence, DEXA is becoming an indispensable tool in modern healthcare, offering numerous benefits but also encountering specific challenges. The market is poised for significant growth in the upcoming years, driven by technological advancements and the increasing global aging population.

Latest DEXA Market Trends and Innovations:

Technological advancements are leading to more precise and user-friendly DEXA solutions. For instance, the development of portable DEXA machines has made the procedure more accessible to various healthcare settings. The primary application of DEXA scans remains in diagnosing osteoporosis and assessing fracture risks. However, its utility in body composition analysis is gaining traction, especially in evaluating obesity, muscle mass, and guiding fitness programs. Continuous R&D is introducing innovative applications of DEXA, promising market growth in the future.

Major Growth Drivers of the DEXA Market:

The rising rate of osteoporosis and other bone-related disorders is a significant growth driver. The global aging population and increasing awareness about preventive healthcare further fuel the demand for DEXA scans. Technological advancements, such as portable DEXA devices, have expanded the market by making the procedure more accessible.

Key Challenges Facing the Dual-energy X-ray Absorptiometry Industry:

High costs associated with DEXA scans and limited accessibility in developing regions can hinder market growth. However, the expansion of DEXA applications in body composition analysis and sports medicine offers new opportunities.

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Market Segmentation Insights:

Based on Technology

• Axial DEXA bone densitometer
• Peripheral DEXA bone densitometer

Based on Type

• Portable
• Standalone

Based on Application

• Bone densitometry
• Osteoporosis
• Body composition analysis
• Fracture management
• Other
  

Based on End-use

• Specialty center
• Diagnostic center
• Hospitals and clinics
• Other

Overview by Region of the Dual-energy X-ray Absorptiometry Market:

North America dominates the DEXA market, thanks to its robust healthcare infrastructure and increasing osteoporosis prevalence. However, the APAC region is expected to witness rapid growth in the next few years.

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List of Key Players in the Global Market:

The shuffled list of companies includes Hologic, Inc., OSTEOSYS, Swissray Medical AG, Medilink International, GE Healthcare, Osteometer Meditech Inc. and BeamMed Ltd., among others

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