Global bone mineral densitometry market value to hit US$495.1m by 2034
By 2034, East Asia will account for 5% of the market.
The global bone mineral densitometry (BMD) market will grow at a compound annual growth rate of 3.5%, reaching US$495.1m in 2034 from US$351.2m in 2024.
According to Fact.MR, North America will dominate the market, with a forecasted value of US$184m by 2034, with Canada contributing US$18m.
Meanwhile, East Asia will hold a 5% market share in 2034.
The demand for BMD devices is rising due to their versatility and increasing applications in various medical fields.
Once limited to osteoporosis screening, BMD devices are now used in sports medicine, paediatrics, cancer care, and space exploration.
BMD's non-invasive nature, minimal radiation exposure, and ability to assess body composition make it a key tool in healthcare, fitness, and nutrition, said Fact.MR.