The global ultrasound bone imaging scanner market is foreseen to attain growth on the back of heavy investment from governments to improve healthcare infrastructure in their countries. A report by Transparency Market Research (TMR) offers a comprehensive study of the market and how it could take shape in terms of growth in the near future. It bears the title “Ultrasound Bone Imaging Scanner Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.” The growth of the geriatric population could be another factor helping the market to increase demand during the completion of the forecast tenure.
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With that being said, there could be a few related factors that are anticipated to set the tone for a strong increase in the demand for ultrasound bone imaging scanner. Since geriatrics are more prone to orthopedic disorders compared to the younger generation, increasing prevalence of these disorders could significantly augment the demand in the world ultrasound bone imaging scanner market. Furthermore, rising awareness about timely diagnosis of bone disease is predicted to assist the market to improve its growth in the coming years.
However, product recalls could hamper the market growth for ultrasound bone imaging scanner. Another growth restraint of the world ultrasound bone imaging scanner market could be the increase in the cost of clinical trials of imaging equipment. Some analysts are also predicting the market to suffer due to strict regulations implemented for the commercialization of imaging equipment. Nonetheless, there could be profit-making prospects available in the market that are projected to help players to cement a strong position in the foreseeable future.
On account of the advancement in technology, North America is expected to take command over the international ultrasound bone imaging scanner market on the basis of revenue share. The region could also bank on the swelling incidence of orthopedic disorders to increase its share of the market. On the other hand, Europe as another developed region of the market is prognosticated to ride on the increasing number of bone fractures because of osteoporosis. Each year, the European Union witnesses close to 3.5 mn new fragility factures, as per the findings of the International Osteoporosis Foundation.
The third region foretold to offer lucrative growth opportunities in the international ultrasound bone imaging scanner market is Asia Pacific. Factors that could contribute to the growth of the market in this region are increase in the size of the geriatric population, improving healthcare infrastructure, and rising investments made by popular players operating therein. The Middle East and Africa is envisaged to rely on increasing incidence of bone-related diseases, rising healthcare spending, increase in per capita income, and technological developments to achieve growth in the coming years.
The international ultrasound bone imaging scanner market testifies the presence of top players such as Siemens AG, GE Healthcare, and Toshiba Medical System Corporation.