Rapidly Aging Population & Focus on Early Diagnosis of Osteoporosis to Foster Growth in the Global Bone Densitometers Market
The global market for Bone Densitometers is projected to reach US$1 billion by 2024 , driven by the aging population, rising incidence of osteoporosis, growing awareness and technological advances. The global market for bone densitometers is witnessing sizable growth, with a potential to grow further over the forthcoming period. Increasing geriatric population and associated increase in prevalence of osteoporosis and growing number of related fractures are the major factors driving growth in the market. Given its capability to non-invasively diagnose body mass and bone density, bone densitometers are finding increasing use in addressing the diagnostic needs of growing geriatric population worldwide. Other factors driving growth in the global market include growing prevalence of osteoporosis among women, increasing incidences of vitamin D deficiencies, rising demand from emerging markets, and growing advances on the technological front in these systems. Extension of a...