Europe Bone Densitometer Devices Market

The size of the Europe Bone Densitometer Devices Market is anticipated to be growing at a prominent CAGR from 2023 to 2028.

The European Densitometers devices market is projected to be majorly driven by the factors such as the increasing prevalence of osteoporosis across the region. Osteoporosis is the primary concern among people in Europe. In addition, it is estimated that postmenopausal women have osteoporosis.  Also, the senior population is considered one of the significant growth contributors to the market. Furthermore, the growing vitamin D deficiency among the EU population is also expected to influence the market's growth during the forecast period. 

Factors such as the technological advancements in bone densitometry and the growing adoption of advanced bone densitometers, the Y-O-Y booming healthcare market is projected to play a significant role in the European bone densitometers devices market over the forecast period. Furthermore, the initiatives taken by the government and NGOs for creating awareness among the people through medical campaigns are more likely to increase the demand for the market. 

Furthermore, the strategic decisions by the key market players such as collaborations, acquisitions, and mergers are expected to expand the regional market growth. In addition, increasing investments by the government and key market participants are encouraging market growth. The leading market players are focussing on adopting advanced technology and innovations, which are expected to provide lucrative growth opportunities for the market growth.

However, the high cost and the risk associated with the bone densitometer devices are expected to limit the market growth. 

This research report on the Europe Bone Densitometer Devices Market has been segmented and sub-segmented into the following categories:

By Speciality:

• Cardiology               
• Dermatology          
• Neurology               
• Orthopedics           
• Emergency Care   
• Gynecology           

By Services:

• Tele-Consultation
• Tele-Monitoring   
• Tele-Education      
• Tele-Surgery          
• Tele-Training          

By End Users:

• Hospitals
• Clinics

By Country:

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

Europe held the second-largest share of the Bone densitometers market, and it is anticipated to continue its growth during the forecast period. The well-established healthcare infrastructure, presence of key market players, and favorable reimbursement policies are fuelling the market growth. In addition, the growing population across the region is estimated to increase the demand for bone densitometer devices and significant growth opportunities for the regional market players to expand the market growth. On the other hand, the rapid expansion of hospitals and the availability of advanced healthcare technologies in the healthcare sectors care in the emerging markets are propelling the market growth. On the other hand, the diagnostics centers and clinics are playing a promising role in expanding the market growth in the region. Furthermore, emerging countries such as Germany, the UK, Italy, France, and Spain significantly contribute to the European regional market growth.

Germany accounted for the largest share of the market, and it is anticipated to witness a predominant share during the forecast period. The market growth is driven by the factors such as an increase in the prevalence of osteoporosis, Increasing healthcare expenditure, and technological advancements.

The UK is more likely to witness a significant share in the market due to increasing awareness and supportive government policies. In addition, the growing population in the country is significantly accelerating the demand for bone densitometers devices because the senior population is more prone to various bone-related ailments.

On the other hand, the countries such as Italy, France, and Spain are projected to share a promising share of the regional growth. The growing incidence of fragility fractures, growing population, and expanding healthcare infrastructure boost market growth.

KEY MARKET PLAYERS:

Companies playing a significant role in the European bone densitometer devices market are Lone Oak Medical Technologies LLC, GE Healthcare, Osteometer Meditech, Hologic Inc., Beammed, Medonica Co. Ltd., Swissray International Inc., Diagnostic Medical System SA, and Osteosys Co. Ltd.