Global Bone and Mineral Diagnostic Testing Market Size and Forecast 2023-2032|Abbott Laboratories, bioMérieux SA, DiaSorin S.p.A., QuidelOrtho Corporation, Siemens Healthineers AG

The Bone And Mineral Diagnostic Testing Global Market Report 2023, provides comprehensive information on the bone and mineral diagnostic testing market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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The global bone and mineral diagnostic testing market size is expected to grow from $0.96 billion in 2022 to $1.02 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global bone and mineral diagnostic testing market size is expected to reach $1.24 billion in 2027 at a CAGR of 5%.

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Technological advancements are a key trend gaining popularity in the bone and mineral diagnostic testing market. Companies operating in the bone and mineral diagnostic testing market are adopting new technologies to sustain their position in the market. In May 2022, GE HealthCare Technologies Inc., a US-based medical technology company, developed an innovative MRI technique that uses novel pulse sequences such as zero echo time (ZTE) to see tendons, ligaments, calcium deposits, and cortical bone structures. This novel advancement in MR bone imaging gives computed tomography (CT)-like image contrast in 3D isotropic resolution while exposing the patient to no ionizing radiation. It is currently used to obtain morphological information regarding cortical bone structure in anatomical structures such as the shoulder, hip, skull, foot/ankle, and spine. Its potential is especially appealing when longitudinally CTs are required, mainly if low-dose CTs are unavailable.

The bone and mineral diagnostic testing market is segmented:

1) By Product: Assays Or Consumables, Instruments

2) By Test Type: Enzyme-Linked Immunosorbent Assay (ELISA), Clinical Laboratory Improvement Amendments (CLIA), Other Test Types

3) By Application: Vitamin D Testing, Bone Metabolism

North America was the largest region in the bone and mineral diagnostic testing market in 2022.

The table of contents in TBRC’s bone and mineral diagnostic testing market report includes:

1. Executive Summary

2. Bone and Mineral Diagnostic Testing Market Characteristics

3. Bone and Mineral Diagnostic Testing Market Trends And Strategies

4. Bone and Mineral Diagnostic Testing Market – Macro Economic Scenario

5. Bone and Mineral Diagnostic Testing Market Size And Growth

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26. Africa Bone and Mineral Diagnostic Testing Market

27. Bone and Mineral Diagnostic Testing Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Bone and Mineral Diagnostic Testing Market

29. Bone and Mineral Diagnostic Testing Market Future Outlook and Potential Analysis

30. Appendix

Top Major Players:

  • Abbott Laboratories
  • bioMérieux SA
  • DiaSorin S.p.A
  • QuidelOrtho Corporation
  • Siemens Healthineers AG

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