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Consistent technological advancements, including the incorporation of ultrasonic densitometers, digital detectors, and computer-assisted devices indicate ease of use, high comfort, and shortened measurement times. For instance, in January 2022, at the Dubai World Trade Centers edition of MEDLAB Middle East, Beckman Coulter showcased their newly released DxA 5000 Fit workflow-automation system.
Therefore, it is anticipated that the target market will expand as a result of all these technological developments, product launches, and collaboration initiatives. Furthermore, traditional film-based X-ray detectors have been largely replaced by digital medical X-ray detectors. These detectors capture X-ray images in a digital format, allowing for immediate image acquisition, enhanced image quality, and efficient data processing.
The axial bone densitometry segment accounted for a revenue size of USD 160.2 million in 2022. The most used method for determining bone density in the body is dual-energy X-ray absorptiometry (DEXA) that offers great precision, ease of use, and safety for both adults and children.
The market size of bone densitometer was reached USD 295.3 million in 2022 and will reach USD 476.3 million by 2032, backed by the rising geriatric population and increasing prevalence of bone-related ailments.
GE Healthcare, Hologic Inc., DMS Imaging, Swissray International, Inc., Xingaoyi Medical Equipment Co. Ltd, Eurotec Medical Systems Srl, Trivitron Healthcare, Scanflex Healthcare AB, Medonica Co. Ltd, OsteoSys Corp.
U.S. market held over USD 103.6 million revenue in 2022 and will grow momentously through 2032, owing to different collaborative initiatives by various companies in the country to increase their R&D capabilities and maintain high medical standards.