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Trivitron Healthcare

trivitron.com

Stage

Private Equity | Alive

Total Raised

$24.5M

Last Raised

$24.5M | 9 yrs ago

About Trivitron Healthcare

Trivitron is a Global Medical Technology company of Indian Origin focused on Manufacturing, Innovation, Distribution and Best-in-class After Sales Support, thus matching all the healthcare requirements across the globe. Trivitron, through its innovations and collaborative initiatives, makes healthcare accessible and affordable to the developed and emerging markets.

Headquarters Location

#15, IV Street Abhiramapuram

Chennai, 600 018,

India

+91 - 44 - 2498 5050

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Latest Trivitron Healthcare News

Bone Densitometer Devices market is expected to grow from USD 100 million in 2021 to USD 147.7 million by 2029 : GreyViews

Dec 7, 2022

Major Players Nanjing Kejin Industrial Co. Ltd, YOZMA BMTech Co. Ltd., Scanflex Healthcare AB, Medonica Co. Ltd., GE Healthcare, Oscare Medical Oy, OSI Systems Inc., Diagnostic Medical Systems Group, Swissray Global Healthcare Holding Ltd., Echolight S.P.A, BeamMed Ltd., Hologic Inc., Trivitron Healthcare, Anjue Medical Equipment, CyberLogic Inc., Eurotec Systems S.r.l, Ampall Co. Ltd., among others Segmentation Analysis Axial bone densitometry is expected to be the fastest growing segment in 2021. The technology  segment is DEXA, QCT, axial bone densitometry, peripheral bone densitometry, and others. Axial bone densitometry is expected to witness the highest growth rate during the forecast period. Due to the widespread use of densitometers based on this technology, the segment is expanding. The growing adoption rate can be attributed to axial bone densitometers' ability to meet a variety of clinical needs. These mostly consist of equipment based on central dual energy x-ray absorptiometry, which are essential to obtaining precise results in diagnostic operations. Bone densitometers are also thought to be very cost-effective and to have the best linearity, sensitivity, and precision, which guarantees the least amount of performance variance. It is anticipated that the aforementioned advantages will play a significant role in motivating physicians to utilise them. The hospital segment is expected to be the fastest-growing segment in 2021. The end-user includes hospital, clinics, and others. Hospitals is expected to witness the highest growth rate during the forecast period. The large patient volume and frequent readmissions are credited with the segment's expansion. Additionally, the presence of advanced infrastructure supports great efficiency in bone densitometer-based diagnostic processes, increasing the proportion of hospitals. One of the main reasons for the significant share of the market is the growing propensity of government healthcare institutions to push sophisticated diagnostic tools that produce quick findings. Additionally, in the current environment, hospitals are using fully automated technologies that can detect this illness early on more and more. In addition, it is anticipated that the sum of these elements will positively affect category growth in the upcoming years. Regional Analysis                                                          The regional analysis provides a detailed perception about the key regions and the countries. Some of the key countries analyzed for the Bone Densitometer Devices include US, Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, China, Japan, India, Brazil, Peru, UAE, South Africa and Saudi Arabia. North America region witnessed a major share. The demand is anticipated to increase throughout the region as a result of several cooperative initiatives made by well-known businesses in this area to enhance their R&D capabilities and uphold high medical standards. The fact that this region has a significant illness load (osteoporosis) contributes to the majority share it has captured. Country Analysis Germany Germany's bone densitometer devices market size was valued at USD 8.41 million in 2021 and is expected to reach USD 10.32 million by 2029, at a CAGR of 2.6% from 2022 to 2029. The primary driver of demand in the German market is the rise in demand from end users, including hospitals and clinics. Due to the fast accessibility of DXA scans and the country's favourable reimbursement regulations, the market is expanding in the country, making it a profitable one for bone densitometer equipment. The market for bone densitometer devices is anticipated to grow in the coming years as a result of numerous NGOs' activities to raise awareness of osteoporosis in this area. China China Bone Densitometer Devices’s market size was valued at USD 15.12 million in 2021 and is expected to reach USD 21.1 million by 2029, at a CAGR of 4.3% 2022 to 2029. The demand for reliable, cutting-edge healthcare has grown in China. On the back of rising device usage among patients over 50 and among female patients worldwide, bone densitometer device growth is anticipated to expand. India India's Bone Densitometer Devices market size was valued at USD 12.96 million in 2021 and is expected to reach USD 17.7 million by 2029, at a CAGR of 4% from 2022 to 2029. Due to the increased attention being paid to osteoporosis in this region, the bone densitometer market in India is expanding. Due to the increasing realisation and accessibility of bone densitometers, the adoption of cutting-edge technology, and the rising investment from both public and private organisations for research activities, India is predicted to have the highest growth rate over the forecast period. Covid-19 Impact Covid-19 had a major impact on almost all industries, such as electronics, semiconductors, manufacturing, automobile, etc. However, several companies operating in the technology sector have seen increased revenue due to significant changes in consumer preferences toward technological services. In addition, the pandemic has led to significant growth in technology across developing and developed countries. Furthermore, the growth of this market is mainly driven owing to the rising demand for bone densitometer devices from various end-users, including hospitals and clinics. Buy Now Full Report @ https://greyviews.com/checkout/148/single_user_license Contact Us

Trivitron Healthcare Frequently Asked Questions (FAQ)

  • Where is Trivitron Healthcare's headquarters?

    Trivitron Healthcare's headquarters is located at #15, IV Street, Chennai.

  • What is Trivitron Healthcare's latest funding round?

    Trivitron Healthcare's latest funding round is Private Equity.

  • How much did Trivitron Healthcare raise?

    Trivitron Healthcare raised a total of $24.5M.

  • Who are the investors of Trivitron Healthcare?

    Investors of Trivitron Healthcare include True North, ePlanet Capital and HSBC.

  • Who are Trivitron Healthcare's competitors?

    Competitors of Trivitron Healthcare include United Surgical Partners International, Avant Healthcare Professionals, MedAvante, Mytrus, Vericare Management and 11 more.

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