Additionally, advent of technologically advanced products such as ultrasound & computer assisted
densitometers and integrated digital detectors cater to the needs of technicians and physicians by reducing
measurement time and facilitating easy operations. The use of ultrasound based densitometers has increased
to wide range of fields including endocrinology, gynecology and various others.
Furthermore, the increase in demand for these devices can be attributed to the collaborative initiatives
undertaken by key companies for research and development of new products to enhance the diagnostic tools
for advanced skeletal assessment. Also, funds for research by various healthcare organizations for development
of technologically advanced products are also projected to drive the market. For instance, Lunar Expert
developed by GE Healthcare provides spatial resolution leading to enhanced risk assessment and identification
via advanced visualization.
Technology Insights
The largest share in the technology segment was held by axial bone densitometers with over 60.0% in 2016 as
a consequence of consistent adoption rate of these devices. The fulfillment of various requirements and needs
of clinicians by usage of these devices can be attributed to the increasing penetration rate of the technology.
These majorly include the central dual energy x-ray absorptiometry, technology based tools which are crucial
for accurate diagnostic results.
Moreover, the usage of these bone assessment devices are predicted to be a result of enhanced precision,
sensitivity, optimum linearity leading to reduced variation in diagnostic performance. The above mentioned
factors along with their cost effective nature are responsible for the high adoption of these by clinicians.
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End-use Insights
The major share was held by hospitals in 2016 owing to the large volume of patients and frequent readmission.
Moreover, sophisticated infrastructure facilitating high efficiency of diagnostic procedures with bone
assessment devices is expected to drive the hospital segment.
The rise in initiatives by healthcare organizations to promote technologically advanced and sophisticated
instruments for rapid result generation also serves as a key growth driving factor. In addition, hospitals in
present scenario are using totally automated systems having the ability for assessment of conditions at an early