The osteoporosis & osteopenia segment in the bone densitometer systems market is estimated to gain the largest share of about 32% in the year 2037. The main reason for segment growth is the rising cases of osteoporosis & osteopenia owing to the adoption of a sedentary lifestyle. Also, the burgeoning geriatric population who are more prone to osteoporosis & osteopenia is considered to positively contribute towards segment growth. As per the data provided by the World Health Organization (WHO), the share of the population of age 60 or above in the world increased from 1 billion to 1.4 billion in 2022 and is projected to double by 2050 reaching around 2.1 billion.
End-User (Hospitals, Clinics)
The hospital segment is expected to hold around 46% share of the bone densitometer systems market in the year 2037. The growth of the segment can be attributed to the burgeoning of the geriatric population with a disability who requires full-time assistance and generally admits into hospitals. Moreover, the increasing investment in hospitals by governments of different nations, along with the rising healthcare expenditure, and the availability of the dedicated orthopedic section in the hospital are predicted to fuel the segment growth over the ensuing years. It was noted that spending on health care in the United States increased 2.7 percent in 2021 to USD 4.3 trillion, or USD 12,914 per person. Total expenditure on healthcare accounted for more than 18 percent of the region's GDP.
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Author Credits: Radhika Pawar
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