Growth in this market is largely driven by the increasing incidence of chronic diseases, government investments for cell-based research, growing focus on personalized medicine, increasing focus on R&D for cell-based therapies, and increasing GMP certifications for cell therapy production facilities.
What the Market Looks Like?
Predicted to grow at a CAGR of 15.4% during the forecast period, the global Cell Expansion market is estimated to reach USD 26.0 Billion by the end of 2024.
“The media segment accounted for the largest share of the consumables segment in the cell expansion market in 2018.”
On the basis of product type, the consumables market is segmented into media, reagents, sera, and disposables. In 2018, the media segment accounted for the largest share of the consumables segment in the cell expansion market.
“Increasing production of regenerative medicine in biotechnology & biopharmaceutical companies.”
Based on end users, the cell expansion market has been segmented into research institutes, biotechnology & biopharmaceutical companies, cell banks, and other end users (includes hospitals, diagnostic centers, and laboratories). In 2018, biotechnology & biopharmaceutical companies were the largest end users in the cell expansion market, and the trend is the same throughout the forecast period.
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Geographical growth scenario of Cell Expansion Market
North America accounted for the largest share of the cell expansion market in 2018. The large share of this segment can primarily be attributed to the rising incidence of cancer, increasing government funding, rising research activates on stem cell therapies, growing awareness regarding advanced treatment methods, growing geriatric population, and the strong presence of industry players in the region.
Leading market players
The prominent players in the Cell Expansion market include Thermo Fisher Scientific, Inc. (US), Becton, Dickinson and Company (US), Terumo BCT (Japan), Merck KGaA (Germany), Danaher Corporation (US), Miltenyi Biotec (Germany), Lonza Group Ltd. (Switzerland), STEMCELL Technologies Inc. (Canada), GE Healthcare (US), and Corning, Inc. (US).
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The craniomaxillofacial implants market is witnessing high growth due to factors such as are increasing number of road accidents, trauma cases, rising demand for minimally invasive reconstruction surgeries, rising prevalence of congenital facial deformities, and technological advancements.
What the Market Looks Like?
Predicted to grow at a CAGR of 6.9% during the forecast period, the global Craniomaxillofacial Implants market is estimated to reach USD 2.49 Billion by the end of 2021.
“The growth of Craniomaxillofacial Implants market segment is attributed to the increasing number of road accident and trauma cases worldwide”
Based on type, the craniomaxillofacial implants market is segmented into mid face implants, mandibular orthognathic implants, cranial/neuro implants, bone graft substitutes, distraction systems, total TMJ replacement systems, cranial flap fixation systems, thoracic fixation systems, and dural repair products. Mid-face implants segment is poised to witness the highest growth rate in the market.
“Polymers/biomaterials segment is expected to witness highest growth rate in the market”
Based on material of construction, the craniomaxillofacial implants market is segmented into titanium, other metals, and alloys; polymers/biomaterials; and calcium phosphate ceramics. Polymers/biomaterials segment is expected to witness highest growth rate in the market.
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Geographical growth scenario of Craniomaxillofacial Implants Market
The global craniomaxillofacial implants market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share of the market during the forecast period. Growth in this regional segment is driven by factors such as increasing number of road accident injuries, rising prevalence of congenital facial deformities.
Leading market players
The prominent players in the Craniomaxillofacial Implants market include Stryker (U.S.), KLS Martin (U.S.), Depuy Synthes (U.S.)., Zimmer Biomet (U.S.), Medtronic (Ireland), Integra Lifesciences (U.S.), OsteoMed (U.S.), Medartis AG (Switzerland), Matrix Surgical USA (U.S.), and Calavera (U.S.)
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The major factors driving the growth of this market are increasing usage of nuclear medicine and radiation therapy for diagnosis and treatment, rising incidences of cancer, and increasing number of diagnostic imaging centers and installation base of radiology equipment.
What the Market Looks Like?
Predicted to grow at a CAGR of 6.1% during the forecast period, the global Medical Radiation Shielding market is estimated to reach $1330.0 million by the end of 2021.
“The MRI shielding segment is expected to account for the largest share of the global medical radiation shielding market in 2016”
The global market is segmented into Shields, Barriers, Booths, X-ray rooms, Sheet Lead, Lead Bricks, Lead Curtains, Lead Lined Doors & Windows, Lead Glass, Lead Lined Drywalls, Lead Lined Plywood, High Density Concrete Blocks, Lead Acrylic, and MRI Shielding Products. MRI Shielding Products segment is expected to account for the largest share of the market.
“The radiation therapy segment is expected to grow at the CAGR during the forecast period”
The global market is divided into radiation therapy shielding and diagnostic shielding. In 2016, the diagnostic shielding segment is expected to account for the largest share of the medical radiation shielding market, by solution. Factors driving the growth of this market are the technological advancements and increasing adoption rate of medical diagnostic equipment.
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Geographical growth scenario of Medical Radiation Shielding Market
The global market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). The market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). However, Asia is expected to witness the highest CAGR, with the growth in this market centered at China and India due to rising awareness about radiation safety, increasing number of hospitals and adoption of radiation therapy.
Leading market players
The prominent players in the Medical Radiation Shielding market include ETS-Lindgren (US), Nelco, Inc. (U.S.), Radiation Protection Products (U.S.), MarShield, (Canada), Ray-Bar Engineering Corp (U.S.), Amray (Ireland), Gaven Industries, Inc. (U.S.), A&L Shielding (Rome), Global Partners in Shielding, Inc. (U.S.), and Veritas Medical Solutions LLC (U.S.).
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The overall bed monitoring system & baby monitoring system market is expected to grow rapidly owing to increasing investments in healthcare infrastructural development, increasing elderly population, rising adoption of unobtrusive monitoring solutions, increasing focus on reducing the cost of pressure ulcer & fall injuries treatment and increasing online availability & purchase of products.
What the Market Looks Like?
Predicted to grow at a CAGR of 7.9% during the forecast period, the global Bed Monitoring System market is estimated to reach USD 1.9 billion by the end of 2024.
“Baby monitoring segment accounted for the largest share of the bed monitoring system & baby monitoring system market in 2018”
Based on type, the bed monitoring system & baby monitoring system market is divided into baby monitoring, elderly monitoring, bedsore monitoring, and sleep monitoring. The baby monitoring segment accounted for the largest share of the bed monitoring system & baby monitoring system market in 2018.
“The homecare settings end-user segment is expected to grow in the near future”
By end-user type, the bed monitoring system & baby monitoring system market is segmented into homecare settings, hospitals, nursing home, and assisted living facilities. The homecare settings segment dominated the bed monitoring system & baby monitoring system market in 2018.
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Geographical growth scenario of Bed Monitoring System Market
In 2018, North America held the largest share of the bed monitoring system & baby monitoring system market. However, Asia Pacific is estimated to grow at the highest CAGR during the forecast period. The rapid growth in the healthcare industry, widespread policy reforms, the rapidly growing middle-class population with increasing purchasing power, and significant investments in infrastructural development are supporting the growth of the Asia Pacific bed monitoring system & baby monitoring system market.
Leading market players
The prominent players in the Bed Monitoring System market include Early Sense (US), EMFIT (Finland), Eight Sleep (US), Smart Caregiver Corporation (US), Wellsense (US), Tekscan (US), Lenovo Group (Hong Kong) and Sleep Number Corporation (US).
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The rising prevalence of end-stage renal disease (ESRD), diabetes, and hypertension is stimulating the demand for dialysis treatment in the emerging nations. Furthermore, low preference of patients for kidney transplantation, technological advancements, and substantial government healthcare expenditure on the treatment of ESRD are adding to the growth prospects of dialysis products and services market in the emerging nations.
What the Market Looks Like?
Predicted to grow at a CAGR of 9.2% during the forecast period, the global Asia and North Africa Hemodialysis & Peritoneal Dialysis market is estimated to reach USD 35.9 Billion by the end of 2020.
“The peritoneal dialysis market, segmented into products and services”
The peritoneal dialysis market, segmented into products and services, includes peritoneal dialysis machines, concentrates/dialysates, catheters, transfer sets, and other consumables such as tubing sets, drain bags, disconnect caps, bag connections, catheter stabilizing devices, and ports.
“The market in Asia is expected to grow at a higher rate during the forecast period (2015-2020)”
The dialysis market in emerging nations is segmented into India, Asia (excluding India), and the MENA region. The market in Asia is expected to grow at a higher rate during the forecast period (2015-2020).
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Geographical growth scenario of Asia and North Africa Hemodialysis & Peritoneal Dialysis Market
The dialysis market in emerging nations is segmented into India, Asia (excluding India), and the MENA region. The market in Asia is expected to grow at a higher rate during the forecast period (2015-2020). This high growth is predominantly driven by the growing number of dialysis centers, low preference for kidney transplantation, rising awareness about renal diseases, development of low-cost products, and increasing focus of dialysis firms on the Asian market. The Indian dialysis market is expected to witness a lucrative CAGR during the forecast period due to the growing patient base, government focus on providing low-cost dialysis treatment and promoting the indigenous manufacturing of dialysis products, and the growing adoption of home dialysis treatment in the country.
Leading market players
The prominent players in the Asia and North Africa Hemodialysis & Peritoneal Dialysis market include Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International, Inc. (U.S.), B. Braun Melsungen AG (Germany), Nipro Corporation (Japan), and Nikkiso Co. Ltd. (Japan).
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Factors such as technological advancements, rapidly growing geriatric population, ability of digital systems to reduce diagnosis time and provide improved image quality, growing adoption of cone-beam computed tomography (CBCT), increase in dental disorders, and the growing demand for cosmetic dentistry are propelling the market of dental digital X-ray during the forecast period.
What the Market Looks Like?
Predicted to grow at a CAGR of 8.8% during the forecast period, the global Dental Digital X-ray market is estimated to reach $3,290.6 million by the end of 2020.
“Hybrid X-ray systems are expected to register the highest CAGR”
The market of dental digital X-ray is segmented into intraoral X-ray systems, extraoral X-ray systems, and hybrid X-ray systems. Hybrid X-ray systems are expected to register the highest CAGR owing to advantages of hybrid systems such as minimum exposure to radiation, lower price of these systems as compared to high-end digital panoramic/cephalometric units, and technological advancements and rapid digitization in dentistry.
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Geographical growth scenario of Dental Digital X-ray Market
Geographically, the market of dental digital X-ray is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share of this market in 2015. However, the Asian market is expected to grow at the highest CAGR. Growth in the Asian market can be attributed to growth in the geriatric population, focus of emerging and leading market players to expand their presence in the developing Asian markets, rise in disposable income, less stringent regulatory guidelines, improving healthcare infrastructure, and growth in medical tourism in the region.
Leading market players
The prominent players in the Dental Digital X-ray market include Danaher Corporation (U.S.), Carestream Health, Inc. (U.S.), Sirona Dental Systems, Inc. (U.S.), Planmeca Oy (Finland), Vatech Co. Ltd. (South Korea), LED Medical Diagnostics (Canada), The Yoshida Dental MFG.Co. Ltd. (Japan), Midmark Corporation (U.S.), Air Techniques, Inc. (U.S.), and Cefla s.c. (Italy)
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The growth of this market is majorly driven by factors such as the rising companion animal ownership, growing animal healthcare expenditure, growing product innovation and software integration, and the consolidation of the veterinary healthcare industry.
What the Market Looks Like?
Predicted to grow at a CAGR of 6.1% during the forecast period, the global Veterinary Software market is estimated to reach USD 594 million by the end of 2022.
“Veterinary practice management software segment dominated the market in 2017”
Based on product, the veterinary software market is segmented into veterinary practice management software, veterinary imaging software, and other software. The veterinary practice management software segment accounted for the largest share of the market in 2017.
“Exclusive small animal practices segment dominated the veterinary software market, by practice type, in 2017”
Based on practice type, the veterinary software market is segmented into exclusive small animal practices, mixed animal practices, and exclusive large animal practices. The exclusive small animal practices segment dominated the market in 2017 and is estimated to grow at the highest CAGR during the forecast period.
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Geographical growth scenario of Veterinary Software Market
In 2017, North America was the largest regional market for veterinary software, followed by Europe. The high demand for veterinary software in North America can primarily be attributed to the growing demand for quality pet care in the region.
Leading market players
The prominent players in the Veterinary Software market include Henry Schein (US), IDEXX Laboratories (US), Patterson Companies (US), Vetter Software (US), Animal Intelligence Software (US), Timeless Veterinary Systems (Canada), Brittons Wise Computers (US), ezyVet Limited (New Zealand), FirmCloud Corporation (US), MedaNext (US), OR Technology (Oehm Und Rehbein GmbH, Germany), VIA Information Systems (US), Hippo Manager Software (US), Finnish Net Solutions (Finland), Carestream (Canada), and ClienTrax (US).
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Factors contributing to the growth of this market include the increasing incidence of chronic diseases, increasing automation in laboratories, rising geriatric population, and increasing healthcare expenditure.
What the Market Looks Like?
Predicted to grow at a CAGR of 11.0% during the forecast period, the global Slide Stainer market is estimated to reach USD 4.70 billion by the end of 2023.
“By product, the reagents segment accounted for the largest share of the slide stainers market in 2017”
On the basis of product, the reagents segment accounted for the largest share of the global slide stainers market in 2017. The large share of this segment is attributed to the rising prevalence of chronic and infectious diseases, increasing healthcare expenditure, increasing public awareness, and growing demand for automation in diagnostics and clinical research.
“By technology, the hematoxylin & eosin (H&E) segment held the largest share in 2017”
Based on technology, the slide stainers market is segmented into hematoxylin and eosin (H&E), immunohistochemistry, in situ hybridization, cytology, microbiology, hematology, and special stains. In 2017, the H&E segment accounted for the largest share of the slide stainers market.
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Geographical growth scenario of Slide Stainer Market
North America accounted for the largest share of the slide stainers market in 2017, followed by Europe and Asia Pacific. The highly developed healthcare system in this region, the easy accessibility to technologically advanced instruments, and the presence of major key players in the region are the major factors responsible for the large share of the North American slide stainers market.
Leading market players
The prominent players in the Slide Stainer market include Roche (Switzerland), Agilent (US), Danaher (US), BioGenex (US), Thermo Fisher Scientific (US), Sakura (Japan), Biocare Medical (US), Merck Group (Germany), General Data Company (US), and Hardy Diagnostics (US).
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This market has been witnessing substantial growth due to the increasing patient pool, greater adoption of latest technology, growing rate of awareness about assistive devices, increasing life expectancy, and growing aging population among others. Further, there is an increasing demand of advanced shower chairs & stools, commodes, and toilet seat raisers from the growing aging population.
What the Market Looks Like?
Predicted to grow at a CAGR of 5.7% during the forecast period, the global Bathroom Assist Device market is estimated to reach USD 4.68 Billion by the end of 2020.
“The bath aids segment is subsegmented into bath boards and transfer aids.”
The market is segmented into shower chairs & stools, bath lifts, toilet seat raisers, toilet aids, commodes, handgrips & grab bars, and bath aids. The shower chairs & stools segment is further subsegmented into shower chairs, shower stools, bathtub seats, and transfer benches.
“North America led the global bathroom & toilet assist devices market in 2014”
North America led the global bathroom & toilet assist devices market in 2014, followed by Europe. The large share of this region can primarily be attributed to the increasing adoption of technologically equipped devices in North American countries as compared to other regions.
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Geographical growth scenario of Bathroom Assist Device Market
Geographically, the bathroom & toilet assist devices market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2015, North America is expected to dominate the market, followed by Europe. However, Asia-Pacific is expected to grow at the highest CAGR during the forecast period.
Leading market players
The prominent players in the Bathroom Assist Device market include ArjoHuntleigh, Bischoff & Bischoff GmbH, Etac AB, DIETZ GmbH, Medical Depot, Inc. (Drive Medical), Handicare, Hewi Heinrich Wilke GmbH, Invacare Corporation, MEYRA GmbH, Patterson Medical Holdings, Inc., Poshchair Medical Limited, Pride Mobility Products Corp., Prism Medical, RCN Medical and Rehabilitation GmbH, Sunrise Medical (US) LLC., Ortho XXI, K Care Healthcare Equipment, GF HEALTH PRODUCTS, INC., Juvo Solutions, Spectra Care Group, and others.
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The growth of the overall market can be contributed to rising investments, funds, and grants by government bodies worldwide and technological advancements. In addition, growing food safety concerns and stringent regulations have contributed to market growth. In the coming years, the atomic spectroscopy market is expected to witness the highest growth rate in the Asia-Pacific region, with emphasis on India, China, and Japan.
What the Market Looks Like?
Predicted to grow at a CAGR of 6.0% during the forecast period, the global Atomic Spectroscopy market is estimated to reach USD 5.60 Billion by the end of 2020.
“In 2015, atomic absorption segment is estimated to account for the major share in Atomic Spectroscopy Market”
The atomic spectroscopy market is categorized into atomic absorption, X-ray Diffraction, x-ray fluorescence, ICP-MS, ICP-OES, Elemental Analyzers and other atomic spectroscopy. In 2015, atomic absorption segment is estimated to account for the major share of the atomic spectroscopy market.
“In 2015, the food & beverage testing segment is estimated to account for the major share of the atomic spectroscopy market”
The market is segmented into pharmaceuticals & biotechnology, industrial chemistry, environmental testing, food & beverage testing, petrochemical, and geochemical/mining and others. In 2015, the food & beverage testing segment is estimated to account for the major share of the atomic spectroscopy market.
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Geographical growth scenario of Atomic Spectroscopy Market
In 2015, North America is expected to account for the largest share of the atomic spectroscopy market, followed by Europe and Asia-Pacific. However, the Asia-Pacific market is slated to grow at the highest CAGR during the forecast period and serve as a revenue pocket for companies offering atomic spectroscopy equipment.
Leading market players
The prominent players in the Atomic Spectroscopy market include Thermo Fisher Scientific, Inc. (U.S.), PerkinElmer, Inc. (U.S.), Agilent Technologies (U.S.), Bruker Corporation (U.S.), Rigaku Corporation (Japan), and Shimadzu Corporation (Japan) among others.
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The key factors driving the growth of this market include the increased pressure on healthcare providers to improve operational efficiency & profitability, the adoption of the GS1 System of standards in the healthcare industry globally; implementation of the unique device identification initiative by the FDA; emergence of cloud-based solutions; continuous financial support in the form of funding, investments, and partnerships; and the growing efforts to reduce the large-scale counterfeiting of drugs are driving the growth of the market.
What the Market Looks Like?
Predicted to grow at a CAGR of 8.5% during the forecast period, the global Healthcare Supply Chain Management market is estimated to reach USD 3.52 billion by the end of 2027.
“By component, the software segment is expected to account for the largest share of the market in 2017”
On the basis of component, the healthcare supply chain management market is segmented into software, and hardware. In 2017, the software segment is estimated to account for the largest share of the healthcare supply chain management market. The large share of the software segment is attributed the various benefits it offers such as increased efficiency, reduced costs, and business.
“By delivery mode, the on-premise segment is expected to account for the largest share of the market in 2017”
On the basis of delivery mode, the market is segmented into on-premise and cloud-based delivery modes. In 2017, on-premise segment is expected to command the largest share of the global healthcare supply chain management market. The large share of this segment can be attributed to its ease of use and the low risk of data breaches.
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Geographical growth scenario of Healthcare Supply Chain Management Market
North America is expected to account for the largest share of the global healthcare supply chain management market in 2017. The large share of North America can be attributed to factors such as consolidation of hospitals, regulatory requirements, increasing patient burden in the US, and the implementation of various strategies to improve healthcare supply chain management in Canada. Leading market players
The prominent players in the Healthcare Supply Chain Management market include SAP (Germany), Oracle (US), Infor (US), GHX (US), McKesson (US), TECSYS (Canada), Manhattan Associates (US), JDA software (US), Jump Technologies (US), and LogiTag (Israel).
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The key factors driving the growth of Dental 3D Printing market include high incidence of dental caries and other dental diseases, rising demand for cosmetic dentistry, adoption of dental 3D printers in hospitals and clinics, rapid growth in the geriatric population and its association with the rising prevalence of edentulism, and increasing disposable income in developing countries.
What the Market Looks Like?
The growth of this market is majorly driven by the rising geriatric population (and the subsequent increase in the prevalence of chronic diseases), shift from volume- to value-based care, and delays in drug development (and the subsequent increase in development costs).
The Real World Evidence Solutions market is projected to reach USD 1,348.1 million by 2023 from USD 689.9 million in 2018, at a CAGR of 14.3%.
+ Market Dynamics
+ Drivers
+ Rising Geriatric Population and the Subsequent Increase in the Prevalence of Chronic Diseases
+ Shift From Volume- to Value-Based Care
+ Delays in Drug Development and the Subsequent Increase in Development Costs
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“By component, the data sets segment accounted for the largest share of the real world evidence market in 2017”
The data sets segment accounted for the largest share of the global real world evidence market. The large share can be attributed to factors such as easy availability of massive amounts of data, increasing dependence of outcome-based studies on real-world data, and rising demand for information by payers and providers regarding drug safety.
“By therapeutic area, the oncology segment held the largest market share of the real world evidence market in 2017”
The oncology segment accounted for the largest share of the real-world evidence market in 2017. The large share of this segment can be attributed to the high number of clinical trials conducted for oncology and the rising prevalence of cancer worldwide.
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The growth of this market is majorly driven by the increasing prevalence of osteoporosis and the rising geriatric population.
The Bone Densitometer market is projected to reach USD 311 million by 2024 from USD 247 million in 2019, at a CAGR of 4.7%.
+ Market Dynamics
+ Drivers
+ Rising Incidence of Osteoporosis
+ Rising Geriatric Population
+ Rising Prevalence of Kidney Disease
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"By type, the dual-energy X-ray absorptiometry (DXA) scanners segment is expected to dominate the bone densitometers market"
The bone densitometers market is segmented into dual-energy X-ray scanners and peripheral bone densitometers. The DXA scanners segment accounted for the largest share of the bone densitometers market in 2018. The large share of this segment can mainly be attributed to their advantages over peripheral bone densitometers, which hold a lesser share of the market.
"By application, the osteoporosis & osteopenia segment commanded the largest share of the bone densitometers market in 2018"
The bone densitometers market is segmented into osteoporosis & osteopenia diagnosis, cystic fibrosis diagnosis, chronic kidney disease diagnosis, body composition measurement, and rheumatoid arthritis diagnosis. The osteoporosis & osteopenia diagnosis segment accounted for the largest share of the bone densitometers market in 2018. The large share of this application segment can be attributed to the large geriatric population suffering from osteoporosis, the increasing risk of osteoporosis in menopausal women, and the growing global incidence of fragility fractures.
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Growth in the companion animal population, rising demand for pet insurance, increasing number of veterinary practitioners in developed economies and technological advancements are driving the growth of this market during the forecast period
The Animal/Veterinary Ultrasound Market is projected to reach USD 448 million by 2025 from USD 338 million in 2020, at a CAGR of 5.8%
+ Market Dynamics
+ Drivers
+ Growing Companion Animal Population
+ Growing Number of Veterinary Practitioners in Developed Economies
+ Technological Advancements
+ Rising Demand for Pet Insurance and Increasing Pet Care Expenditure
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“The 2D ultrasound segment dominates the animal/veterinary ultrasoundindustry, by type of ultrasound scanners“
Based on the type of scanners, the 2D segment accounted for the largest share of the animal/veterinary ultrasoundmarket in 2019. The large share of this segment can primarily be attributed to the widespread popularity of this type in disease diagnosis as well as in pregnancy detection.
“By animal, the small companion animals segment accounted for the largest market share in 2019”
Based on animal, the animal/veterinary ultrasoundmarket is segmented into small companion animals, large animals, and other animals. The companion animals segment accounted for the largest market share in 2019. This segment is also projected to register the highest CAGR during the forecast period. The growth in this segment can be attributed to the growing adoption of companion animals and growing willingness of companion animal owners to spend more on animal health.
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