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Bone Sonometer Market By Equipment (Standalone and Portable), By End User (Ambulatory Surgical Centers, Specialty Clinics and Hospitals) – Growth, Future Prospects & Competitive Analysis, 2019 – 2027

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Published: | Report ID: 3268 | Report Format : PDF

Industry Outlook

The bone sonometer market is set to grow from US$ 890.2 million in 2018 to US$ 1,428.9 million by 2027, expanding at a compound annual growth rate (CAGR) of 5.5% during the forecast period from 2019 to 2027. As per the latest research findings brought forward by the International Osteoporosis Foundation (IOF) in 2017, approximately 8.9 million fractures associated with osteoporosis were recorded throughout the globe. The looming threat of malnutrition and a significant rise in the geriatric population will propel the bone sonometer market’s growth in the near future.

Market Synopsis

Low maintenance cost and the capability to perform scanning of a large inpatient population together increase the demand for standalone bone sonometers.

In the current situation, the standalone bone sonometer market is reigning supreme. The primary factors fortifying its market growth are the low maintenance costs associated with the instrument and its accessories and its capability to scan a large inpatient population, which increases its demand in hospitals and specialty clinics. Portable bone sonometers are gaining huge traction owing to the latest product innovation and their ability to be connected with various digital platforms, thereby finding their utility in ambulatory surgical centers.

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Installation of the latest bone density measurement devices and proactive government funding together drive the hospital market’s growth.

Hospitals occupy the largest market share in the end-user segment of the bone sonometer market. The major factors contributing to its supreme market growth are the installation of the latest bone density measurement devices and proactive government funding. Ambulatory surgical centers are gaining tremendous demand owing to a significant rise in the number of outpatient populations and an untapped patient population in the farthest remote areas.

Rising prevalence of osteoporosis and increasing public health awareness together drive the market growth in North America.

North America is the dominant regional segment for the bone sonometer market, representing a market share of 31.8%. The major aspects determining its market growth are the rising prevalence of osteoporosis and increasing public health awareness. As per the latest research cited by the National Osteoporosis Foundation (NOF), approximately 10 million Americans are suffering from osteoporosis, and 44 million suffer from low bone density, thereby increasing their risk of being diagnosed with osteoporosis in the near future. Europe holds a market share of 27.5% on account of low bone density in the adult female population. According to the statistics presented by the International Osteoporosis Foundation (IOF), 1 in 3 women over 50 will suffer a fracture in their lifetime. A supportive regulatory environment provided by the European Medical Agency (EMA) for the sale of bone sonometers will further boost the market’s growth. It is anticipated that Asia Pacific, which currently accounts for 16.9% of the market share, will register rapid growth in the near future owing to the looming threat of malnutrition due to a daily diet deficient in vitamin D and calcium.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The market is segmented by equipment, end user, and geography.

Medical device manufacturers engaged in the production of bone sonometers are DMS Imaging, BeamMed Ltd., Echolight S.p.A., Furuno Electric Co., Ltd., GE Healthcare, Hologic, Inc., Lone Oak Medical Technologies LLC, Medilink, Osteosys Co., Ltd., and Osteometer Meditech, Inc.

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Key questions are answered in this report.

  • What are the organic and inorganic market strategies adopted in the market assessment of the bone sonometer market?
  • Which medical device manufacturers are actively engaged in the production of devices utilized in the measurement of bone density?
  • What is the global prevalence rate of osteoporosis?
  • Which factors will propel the ambulatory surgical centers market’s growth in the near future?
  • What will be the market performance of the Asia-Pacific region during the forecast period?

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-down Approach
1.3.5. Bottom-up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global BS Market Portraiture
2.2. Global BS Market, by Equipment, 2018 (US$ Mn)
2.3. Global BS Market, by End User, 2018 (US$ Mn)
2.4. Global BS Market, by Geography, 2018 (US$ Mn)

Chapter 3. Bone Sonometer (BS) Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2018
3.6. Competitive Analysis: Global BS Market, by Key Players, 2018

Chapter 4. Global Bone Sonometer (BS) Market, by Equipment
4.1. Overview
4.2. Standalone
4.3. Portable

Chapter 5. Global Bone Sonometer (BS) Market, by End User
5.1. Overview
5.2. Ambulatory Surgical Centers
5.3. Specialty Clinics
5.4. Hospitals

Chapter 6. Global Bone Sonometer (BS) Market, by Geography
6.1. Overview
6.2. North America BS Market Analysis, 2017– 2027
6.2.1. North America BS Market, by Equipment, 2017 – 2027 (US$ Mn)
6.2.2. North America BS Market, by End User, 2017 – 2027 (US$ Mn)
6.2.3. North America BS Market, by Country, 2017 – 2027 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe BS Market Analysis, 2017 – 2027
6.3.1. Europe BS Market, by Equipment, 2017– 2027 (US$ Mn)
6.3.2. Europe BS Market, by End User, 2017 – 2027 (US$ Mn)
6.3.3. Europe BS Market, by Country/Region, 2017 – 2027 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. Rest of Europe
6.4. Asia Pacific BS Market Analysis, 2017 – 2027
6.4.1. Asia Pacific BS Market, by Equipment, 2017 – 2027 (US$ Mn)
6.4.2. Asia Pacific BS Market, by End User, 2017– 2027 (US$ Mn)
6.4.3. Asia Pacific BS Market, by Country/Region, 2017 – 2027 (US$ Mn)
6.4.3.1. China
6.4.3.2. Japan
6.4.3.3. Rest of Asia Pacific
6.5. Latin America BS Market Analysis, 2017 – 2027
6.5.1. Latin America BS Market, by Equipment, 2017 – 2027 (US$ Mn)
6.5.2. Latin America BS Market, by End User, 2017 – 2027 (US$ Mn)
6.5.3. Latin America BS Market, by Country/Region, 2017 – 2027 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East and Africa BS Market Analysis, 2017 – 2027
6.6.1. MEA BS Market, by Equipment, 2017 – 2027 (US$ Mn)
6.6.2. MEA BS Market, by End User, 2017 – 2027 (US$ Mn)
6.6.3. MEA BS Market, by Country/Region, 2017 – 2027 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA

Chapter 7. Company Profiles
7.1. BeamMed Ltd.
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. News Coverage
7.2. DMS Imaging
7.3. Echolight S.p.A.
7.4. Furuno Electric Co., Ltd.
7.5. GE Healthcare
7.6. Hologic, Inc.
7.7. Lone Oak Medical Technologies LLC
7.8. Medilink
7.9. Osteosys Co., Ltd.
7.10. Osteometer Meditech, Inc.

List of Figures

FIG. 1 Bone Sonometer (BS) Market: Research Methodology
FIG. 2 BS: Market Segmentation
FIG. 3 Global BS Market, by Equipment, 2018 (US$ Mn)
FIG. 4 Global BS Market, by End User, 2018 (US$ Mn)
FIG. 5 Global BS Market, by Geography, 2018 (US$ Mn)
FIG. 6 Attractive Investment Proposition: by Geography, 2018
FIG. 7 Competitive Analysis: Global BS Market, by Key Players, 2018
FIG. 8 Global Standalone BS Market, 2017 – 2027 (US$ Mn)
FIG. 9 Global Portable BS Market, 2017– 2027 (US$ Mn)
FIG. 10 Global Ambulatory Surgical Centers Market for BS, 2017 – 2027 (US$ Mn)
FIG. 11 Global Specialty Clinics Market for BS, 2017 – 2027 (US$ Mn)
FIG. 12 Global Hospitals Market for BS, 2017 – 2027 (US$ Mn)
FIG. 13 U.S. BS Market, 2017 – 2027 (US$ Mn)
FIG. 14 Canada BS Market, 2017 – 2027 (US$ Mn)
FIG. 15 U.K. BS Market, 2017 – 2027 (US$ Mn)
FIG. 16 Germany BS Market, 2017– 2027 (US$ Mn)
FIG. 17 Rest of Europe BS Market, 2017 – 2027 (US$ Mn)
FIG. 18 China BS Market, 2017 – 2027 (US$ Mn)
FIG. 19 Japan BS Market, 2017 – 2027 (US$ Mn)
FIG. 20 Rest of Asia Pacific BS Market, 2017 – 2027 (US$ Mn)
FIG. 21 Brazil BS Market, 2017 – 2027 (US$ Mn)
FIG. 22 Mexico BS Market, 2017 – 2027 (US$ Mn)
FIG. 23 Rest of Latin America BS Market, 2017 – 2027 (US$ Mn)
FIG. 24 GCC BS Market, 2017 – 2027 (US$ Mn)
FIG. 25 Rest of MEA BS Market, 2017 – 2027 (US$ Mn)

List of Tables

TABLE 1 Global Bone Sonometer (BS) Market Portraiture
TABLE 2 Global BS Market, by Equipment, 2017 – 2027 (US$ Mn)
TABLE 3 Global BS Market , by End User, 2017 – 2027 (US$ Mn)
TABLE 4 Global BS Market, by Geography, 2017 – 2027(US$ Mn)
TABLE 5 North America BS Market, by Equipment, 2017 – 2027 (US$ Mn)
TABLE 6 North America BS Market, by End User, 2017 – 2027 (US$ Mn)
TABLE 7 North America BS Market, by Country, 2017 – 2027 (US$ Mn)
TABLE 8 Europe BS Market, by Equipment, 2017 – 2027 (US$ Mn)
TABLE 9 Europe BS Market, by End User, 2017 – 2027(US$ Mn)
TABLE 10 Europe BS Market, by Country/Region, 2017 – 2027 (US$ Mn)
TABLE 11 Asia Pacific BS Market, by Equipment, 2017 – 2027 (US$ Mn)
TABLE 12 Asia Pacific BS Market, by End User, 2017 – 2027 (US$ Mn)
TABLE 13 Asia Pacific BS Market, by Country/Region, 2017– 2027 (US$ Mn)
TABLE 14 Latin America BS Market, by Equipment, 2017 – 2027 (US$ Mn)
TABLE 15 Latin America BS Market, by End User, 2017 – 2027 (US$ Mn)
TABLE 16 Latin America BS Market, by Country/Region, 2017 – 2027 (US$ Mn)
TABLE 17 Middle East and Africa BS Market, by Equipment, 2017 – 2027 (US$ Mn)
TABLE 18 Middle East and Africa BS Market, by End User, 2017 – 2027 (US$ Mn)
TABLE 19 Middle East and Africa BS Market, by Country/Region, 2017 – 2027 (US$ Mn)
TABLE 20 BeamMed Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 DMS Imaging: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Echolight S.p.A.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 Furuno Electric Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 GE Healthcare: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 25 Hologic, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 26 Lone Oak Medical Technologies LLC: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 Medilink: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 Osteosys Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 29 Osteometer Meditech, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)

Frequently Asked Questions

What is the size of Bone Sonometer Market?

The market for Bone Sonometer Market is expected to reach US$ 1,428.9 Mn in 2027.

What is the Bone Sonometer Market CAGR?

The Bone Sonometer Market is expected to see significant CAGR growth over the coming years, at 5.5%.

What is the Forecast period considered for Bone Sonometer Market?

The report is forecasted to 2019-2027.

What is the base year considered for Bone Sonometer Market?

The base year of this report is 2018.

Who are the major players in this market?

BeamMed Ltd.,DMS Imaging,Echolight S.p.A.,Furuno Electric Co., Ltd.,GE Healthcare are some of the major players in the global market.

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