Global Medical Dynamometer Market - 2024-2031
Global Medical Dynamometer Market reached US$ XX million in 2023 and is expected to reach US$ XX million by 2031, growing at a CAGR of XX% during the forecast period 2024-2031
Medical dynamometers are tools that assess the strength of different muscle groups, as well as the strength of bones and neurons. Dynamometers are utilized by medical professionals to evaluate muscle strength, track rehabilitation progress, and assess conditions affecting muscular function, providing valuable insights in fields like orthopaedics, physical therapy, and rehabilitation medicine.
Market Dynamics: Drivers & Restraints
Rise in technological advancements in medical dynamometer
Technological advancements play pivotal roles in market expansion, with the introduction of portable and wireless dynamometers leading the way. Examples include the wireless microFET3 Muscle Testing Dynamometer and Inclinometer by Hoggan Scientific LLC, a dual-function digital dynamometer and inclinometer that showcases the latest developments in diagnostic medicine.
Another noteworthy device is the Go Direct Hand Dynamometer from Vernier Science Education, facilitating the measurement of grip and pinch strength and enabling muscle fatigue studies through seamless connectivity to student devices via Bluetooth wireless technology or USB.
Furthermore, the global medical dynamometer is also driven by various other factors like a rise in the prevalence of chronic diseases, a rise in the incidence of sports injuries and others that help the market to grow during the forecast period.
High costs associated with the devices
High costs associated with system use, as well as a shortage of sophisticated and improved healthcare facilities in emerging countries, would most likely serve as market restraints for the development of the medical dynamometer. Also, medical dynamometers require specialized training and expertise, which may be limited in areas with limited personnel for proper operation and interpretation.
Segment AnalysisThe global medical dynamometer market is segmented based on product type, application, end-user and region.
The hand dynamometer from the product type segment accounted for approximately 42.3% of the medical dynamometer market share
The hand dynamometer from the product type segment accounted for approximately 42.3% and are expected to grow during the forecast period. Hand-held dynamometers may also be used to test the strength of individual muscles or muscle groups. A dynamometer is a device that can measure force. The hand-held dynamometer is a small device that fits in the examiner's hand and is placed at precise locations on a subject's limb to assess the force generated by various muscles or groups of muscles. Hand-held dynamometers are inexpensive, convenient, and lightweight; require minimal set-up time and training; and can be used in a wide variety of settings.
Geographical Analysis
North America is estimated to hold about 38.4% of the total market share throughout the forecast period
North America is estimated to hold about 38.4% of the total market share throughout the forecast period owing to factors like a rise in sports injuries and a rise in the number of accidents. Early-phase diagnosis of arthritis and treatment of tendon surgeries or therapy. Also, novel product launches by key players, improved healthcare infrastructure and others help the region to grow during the forecast period.
For instance, according to the CDC report, by 2040, it is anticipated that about 78 million people in US who are aged 18 years or more than 18 years of age would suffer from arthritis which will upsurge the demand for medical dynamometers over the forecast period.
Covid 19 Impact Analysis
The COVID-19 pandemic has significantly disrupted the demand-supply equation in various industries, including the medical dynamometers market. Manufacturers are facing shortages of essential raw materials due to containment measures. Lockdowns have disrupted logistical arrangements, preventing medical dynamometers from reaching key end-users. Patients have postponed elective surgical procedures to accommodate COVID-19 needs, causing growth to remain latent in the short run.
Market Segmentation
By Product Type
• Hand Dynamometer
• Squeeze Dynamometer
• Pinch Gauge
• Chest Dynamometer
• Push-pull Dynamometer
• Others
By Application
• Orthopedic
• Neurology
• Cardiology
• Medical Trauma
• Others
By End User
• Hospitals
• Rehabilitation Centers
• Physiotherapy Clinics
• Others
By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Spain
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
• Middle East and Africa
Competitive Landscape
The major global players in the market include JTECH Medical Industries, Inc., Hausmann Industries, 3B Scientific, Fabrication Enterprises, Inc., KERN & SOHN GmbH, Charder Electronic Co, Ltd., Marsden Weighing Group, North Coast Medical Inc., JLW Instruments, AliMed, Inc among others.
Why Purchase the Report?• To visualize the global medical dynamometer market segmentation based on product type, application, end user and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analysing trends and co-development.
• Excel data sheet with numerous data points of the medical dynamometer market level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.
The global medical dynamometer market report would provide approximately 64 tables, 61 figures and 186 pages.
Target Audience 2023• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies