Global Bone Sonometer Market Outlook 2018-2023

Global bone sonometer market is expected to grow at a significant CAGR of 6.42% by 2023 as the scope and its applications are rising enormously across the globe. Bone sonometer is a medical device that transforms ultrasound energy into the human body to measure the acoustic properties of the bone. It helps to identify fracture risk in the bone and overall bone health.

The factors that are playing a major role in the growth of market are the growing occurrence of fractures and osteoporosis, the presence of enhanced R&D sectors with the latest technology, and the rise in nutritional deficiency and malnourishment in children. However, the presence of alternatives and the high cost of the device may restrain overall market growth in the years to come. Bone sonometer market is segmented based on type, application, and region.

Ultrasound, DEXA, and other types could be explored in market in the forecast period. The market could be categorized based on applications such ashealth center, hospital, clinic, and others that could be explored in the forecast period. The hospital sector accounted for the significant market share of bone sonometer and is estimated to continue its dominance in the years to come.

Bone sonometer market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).

Globally, North America may account for the substantial market share of bone sonometer and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of developed healthcare infrastructure, the rising expenditures on health, the presence of key manufacturers in the region, and the rising use of enhanced technology to get the cure. The United States and Canada are the major consumers of bone sonometer in this region.

Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of bone sonometer in this region.

The key players of bone sonometer market are MEDILINK, GE Healthcare, Lone Oak Medical Technologies, Hologic,BM Tech, Furuno Electric,L'can, Osteosys, XianyangKanrota, DMS, OsteometerMeditech, Swissray, Scanflex Healthcare, and BeamMed. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

Global bone sonometer market is anticipated to grow at a CAGR of 6.42% by 2023, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The Global Market for bone sonometer to 2023 offers detailed coverage of bone sonometer industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading bone sonometer producers to provide exhaustive coverage of the bone sonometer.

Report contents include
- Analysis of the bone sonometer market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on bone sonometer including products, sales/revenues, and market position
- Market structure, market drivers and restraints.

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- GE Healthcare Inc.
- Hologic, Inc.
- Furuno Electric Co., Ltd.
- Osteosys Co., Ltd.
- DMS Group
- Swissray International, Inc.
- BeamMed Ltd.
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