Osteoporosis Testing Market Growth Spurred by Surging Cases of Osteoporosis, Says Fact.MR
Fact.MR, a global research & consulting firm, in their latest edition of the report, projected that the osteoporosis testing market is likely to foresee a steady growth pace in 2021 & beyond. Growth can be primarily attributed to growing number of people suffering for fractures annually due to osteoporosis as well as growing geriatric population across the globe. Additionally, the demand for treatment and diagnosis measures for osteoporosis also impact the market growth.
“Growing number of patients are visiting for osteoporosis testing, and its rising demand reflects lucrative growth prospects for market players investing in the osteoporosis testing industry.” states Fact.MR.
Surging Number of Osteoporosis Cases Boosting Demand
Surging number of incidence of osteoporosis are driving the growth of osteoporosis testing market. Fast reversal time, lesser cost of procedure as compared to the conventional techniques are fuelling the growth of osteoporosis testing market.
Furthermore, the diverse application of osteoporosis testing procedures in tracking/analysing bone density as well as growing adoption in a regular check of osteoporosis is harnessing the expansion of osteoporosis testing market.
For more Insights into the Market, Request a Sample of this Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=1219
Will Dexa-Scan Influence Osteoporosis Testing Demand
One of the best method to monitor bone health by bone mineral density (BMD) or bone densitometry test, also known as dual-energy x-ray absorptiometry (DXA or DEXA). According to FactMr, the adoption of dexa-scan for osteoporosis testing has grown steadily.
Furthermore, FRAX tool is also gaining widespread adoption across the globe, in conjunction with these bone density tests, as the FRAX tool assist in assessment of the likelihood of developing a fracture.
How Big is the Opportunity for Market Players in the US, China & India?
The US & UK reflects a healthy expansion in revenue terms owing to growing awareness of testing osteoporosis as a part of routine check-up. The lower price of the procedure in contrast with other substitute treatment in addition to low risk related to the procedure is fuelling the growth of osteoporosis testing industry. The emerging cluster of the US, China, India, and S.Africa & N.Africa region is expected to gain momentum in 2021 and beyond. Patient population experiencing from osteoporosis are mostly approved with substitute medicine treatment in the region, which ensues in chronic side effects because of the treatment.
Get Customization on this Report for Specific Country
https://www.factmr.com/connectus/sample?flag=RC&rep_id=1219
Product & Technology Launch and Collaboration Remains Key Focal Areas: Fact.MR Survey
The osteoporosis testing market is fragmented in nature and aggressively competitive owing to several small and large players increasing the competition in the market. Fact.MR’s survey indicated that the leading companies are focusing on acquisition, strategic partnership, product & technology launch, expansion, and collaboration, in 2021 and beyond. The latest edition of the report offers comprehensive coverage of the anticipated to remain the significant strategies of market players. Some of the players profiled in the report are Merck & Company, GE Healthcare, B.M.Tech. Worldwide Co. Ltd, Swissray, DMS Imaging, Hologic Inc. CompuMed, Inc., Pfizer Inc., and Eli Lilly and Company. The updated edition also offers a detailed analysis of the COVID-19 impact on this market.
Explore Fact.MR’s Healthcare Reports
Preimplantation Genetic Testing Market: Delve into Fact.MR’s extensive study on the preimplantation genetic testing market, offering detailed assessment. The study analyses crucial trends that are currently determining, and those which are expected to shape future expansion trajectory, shedding light on the vital dynamics such as drivers, restraints and opportunities.
Model Based Testing Market: The global model based testing market study published by fact.mr incorporates detailed assessment of the market landscape, taking into consideration value chain analysis, business execution and supply chain analysis across key markets.
Nipah Virus Testing Market: Fact.MR’s global nipah virus testing market research report provides stakeholders with an exhaustive analysis on key market dynamics, such as the drivers, restraints, opportunities and trends responsible for shaping the future expansion trajectory.
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
Sudip Saha
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Source: Fact.MR