Global Dual Energy X-Ray Absorptiometry (DEXA) Market Insights Forecasts to 2033.

• The  Global Dual Energy X-Ray Absorptiometry (DEXA) Market Size was Valued at USD 598.8 Million in 2023.
• The Market Size is Growing at a CAGR of 7.11% from 2023 to 2033.
• The Worldwide Dual-Energy X-ray Absorptiometry (DEXA) Market Size is Expected to Reach USD Million by 2033.
• Asia Pacific is expected to Grow the fastest during the forecast period.

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The Global Dual Energy X-Ray Absorptiometry (DEXA) Market Size is Anticipated to Exceed USD 1189.9 Million by 2033, Growing at a CAGR of 7.11% from 2023 to 2033.

 

Market Overview

The primary uses of dual-energy X-ray absorptiometry, often known as DXA or DEXA, in medicine are body composition and bone mineral density (BMD) measurements. It uses two separate X-ray radiation energy levels to distinguish between bone, fat, and lean tissue. DEXA scans are commonly performed to detect osteoporosis, a condition characterized by weakened bones and an increased risk of fractures. DEXA, or  dual emission x-ray absorptiometry, is a technique used to screen and analyze bodily changes. In about five to ten minutes, the dual emission x-ray absorptiometry (DEXA) test can be completed. Dual emission x-ray absorptiometry (DEXA) is a highly accurate and precise method for measuring the density of bone material and detecting minute alterations in bone mineral concentration. Dual emission x-ray absorptiometry (DEXA) equipment is growing as hip and spinal fractures become more common. The growing number of elderly people and increasing osteoporosis cases are driving up demand for dual-emission x-ray absorptiometry (DEXA) technology. Growing spending on the construction of healthcare facilities, particularly in emerging nations, will further open profitable growth prospects for the market for dual-emission x-ray absorptiometry (DEXA) equipment.

 

Report Coverage

This research report categorizes the market for global dual energy x-ray Absorptiometry (DEXA) market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global dual energy x-ray Absorptiometry (DEXA) market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global dual energy x-ray Absorptiometry (DEXA) market.                 

 

Driving Factors

The market for global dual-energy x-ray absorptiometry is significantly driven by the rising incidence of osteoporosis and other bone-related illnesses. Osteoporosis incidence rises with aging populations and sedentary lifestyles, requiring early detection and monitoring. Because of DEXA's accuracy in measuring bone mineral density, osteoporosis can be identified early and treated promptly to reduce the risk of fracture. Furthermore, the global demand for DEXA systems is rising due to rising awareness and proactive approaches to managing bone health, which is propelling market expansion. The market is expanding because of continuing technological advancements in DEXA systems, which attract patients and medical professionals and enhance accuracy, speed, and safety. Healthcare spending in both developed and developing countries has increased, allowing healthcare facilities to invest in state-of-the-art diagnostic instruments like DEXA systems.

 

Restraining Factors

Healthcare facilities might experience budgetary challenges due to the upfront capital cost of DEXA equipment and ongoing maintenance requirements. Particularly, the purchase and upkeep of DEXA equipment is expensive. The initial investment and continuing maintenance costs, which can be especially significant for small clinics and healthcare facilities, might make them less widely adopted. Additionally, alternative diagnostic methods like quantitative ultrasonography (QUS) and peripheral quantitative computed tomography (PQCT) offer non-ionizing radiation alternatives for bone density assessment. These firms might influence the market demand for DEXA systems. Purchasing such expensive equipment puts healthcare facilities at risk of not receiving reimbursement for expenses related to the diagnostic, screening, and therapeutic treatments carried out with the aid of third-party payers, such as Medicare, Medicaid, or private health insurance plans. The rising costs of these equipment combined with ongoing reductions in reimbursements for bone density tests and diagnostic imaging scans are keeping medium-sized and smaller healthcare facilities from investing in cutting-edge technology.

 

Market Segmentation

 

The global dual energy x-ray absorptiometry (DEXA) market share is classified into product, application, and end-use. 

• The segment is expected to hold the largest share of the global dual energy x-ray absorptiometry (DEXA) market during the forecast period.   

Based on the product, the global dual energy x-ray absorptiometry (DEXA) market is divided into axial DEXA and peripheral DEXA. Among these, the axial DEXA segment is expected to hold the largest share of the global dual energy x-ray absorptiometry (DEXA) market during the forecast period. This is attributed to the axial DEXA bone densitometers are specialized devices used to measure bone density in certain body parts, such as the hips and spine. Because of their increased risk of fractures from osteoporosis, certain body segments require close observation and diagnosis.

 

• The osteoporosis segment is expected to hold the largest share of the global dual energy x-ray absorptiometry (DEXA) market during the forecast period.   

Based on the application, the global dual energy x-ray absorptiometry (DEXA) market is divided into osteoporosis, bone densitometry, fracture management, body composition analysis, and others. Among these, the osteoporosis segment is expected to hold the largest share of the global dual energy x-ray absorptiometry (DEXA) market during the forecast period. This is attributed to a disorder that mainly affects the elderly but can also affect younger people for a variety of reasons, including hormone imbalances, nutritional inadequacies, and a sedentary lifestyle. It is characterized by reduced bone density and an increased risk of fractures. There has been an increase in demand for precise and timely diagnosis due to the aging of the global population and greater awareness of the hazards associated with osteoporosis.

 

• The hospitals and clinics segment is expected to hold the largest share of the global dual energy x-ray absorptiometry (DEXA) market during the forecast period.   

Based on the end-use, the global dual energy x-ray absorptiometry (DEXA) market is divided into hospitals and clinics, mobile health centers, and others. Among these, the hospitals and clinics segment is expected to hold the largest share of the global dual energy x-ray absorptiometry (DEXA) market during the forecast period. This is attributed to osteoporosis becoming more common, and individuals are becoming more conscious of the value of having healthy bones, which is the main factor driving this growth. Clinics and hospitals are essential healthcare facilities where many patients, including the elderly, go for treatment and diagnostics. Given the prevalence of osteoporosis in the aged population, DEXA technology is frequently used in hospitals and clinics to provide precise diagnosis and ongoing monitoring.

 

Regional Segment Analysis of the global dual energy x-ray absorptiometry (DEXA) market  

• North America (U.S., Canada, Mexico) 
• Europe (Global, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global dual energy x-ray absorptiometry (DEXA) market over the predicted timeframe.

 

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North America is anticipated to hold the largest share of the global dual energy x-ray absorptiometry (DEXA) market over the predicted timeframe. Because of significant investments in cutting-edge medical technology, a strong healthcare system, and rising osteoporosis rates. Modern medical equipment is used at many of the region's hospitals, clinics, and diagnostic centers, which are part of well-established healthcare systems. The atmosphere created by this infrastructure is favorable for the broad use of DEXA technology.

 

Asia Pacific is expected to grow the fastest during the forecast period. This remarkable rise can be attributed to several factors, including rising healthcare knowledge, aging populations with changing healthcare demands, and rising investments in healthcare infrastructure. China, India, and Japan are the world's leaders in the development of pharmaceuticals, medical technology, and healthcare services. Asia Pacific is a key center for the evolving healthcare system and a vital factor in the market's increasing compound annual growth rate.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global dual energy x-ray absorptiometry (DEXA) market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• GE Healthcare
• Hologic, Inc.
• OSTEOSS
• DMS
• Swissray Medical AG
• Medilink International
• Kingaroy
• Osteometer Meditech Inc.
• Fonar Corporation
• Shenzhen XRAY Electric Co., Ltd
• Medonica Co., Ltd.
• Furuno Electric Co., Ltd.
• BeamMed Ltd.
• Scanflex Healthcare AB
• Others

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent Development

• In October, 2022, "Care for Osteoporosis," a targeted osteoporosis awareness campaign, has launched by HKT's one-stop telemedicine platform DrGo in association with Quality HealthCare Medical Services (QHMS).  

 

• In July 2022, DEXA scans are a rapid and easy bone density test that were first used to detect osteoporosis and other disorders associated with low bone density at Parvathy Hospital. Although DEXA may measure bone mineral density in any bone, it is most commonly used to evaluate bone mineral density in the hip and lumbar (lower) spine. The examination's assessment of spinal fractures is an additional goal.

 

Market Segment

This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the global dual energy x-ray absorptiometry (DEXA) market based on the below-mentioned segments:

 

Global Dual Energy X-Ray Absorptiometry (DEXA) Market, By Product

• Axial DEXA
• Peripheral DEXA

 

Global Dual Energy X-Ray Absorptiometry (DEXA) Market, By Application

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

 

Global Dual Energy X-Ray Absorptiometry (DEXA) Market, By End-Use

• Hospitals and Clinics
• Mobile Health Centers
• Others

 

Global Dual Energy X-Ray Absorptiometry (DEXA) Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa