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By 2030, the global market for medical dynamometers is projected to be worth $9.7 billion, with a CAGR of 6.76 percent between 2021 and 2030.
Medical dynamometers measure the force exerted by a patient's muscles, tendons, and bones. Medical dynamometers assess the power of various muscle groups, joints, and nerves in the body. Depending on the model, dynamometers can help with issues including exhaustion, injury care, and pain. The devices aid in the assessment of hand dysfunction and injuries to better gauge therapeutic and treatment outcomes. As an added bonus, it can also be used to spot problems like nerve and bone damage. Wrist dynamometers, hand dynamometers, inclinometers, and pinch gauges are all examples of dynamometers. Both the medical and athletic communities make extensive use of this tool.
Report Coverage
Global Medical Dynamometers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Medical Dynamometers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Medical Dynamometers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Medical Dynamometers market players and analyses their core competencies in each global market sub-segments.
Market-Driving Factors
The global medical dynamometer market is being driven by rising instances of Orthopaedic operations, rising ergonomic health approaches, rising numbers of arthritic patients, rising need for diagnostic instruments, and numerous R&D activities. There were a total of 370770 hip replacements and 680150 complete knee replacements in the United States in 2014, as reported by the National Inpatient Sample. However, main whole hip replacement is expected to increase by 171% and primary total knee replacement is forecast to increase by 189%, as reported by the American Academy of Orthopaedic Surgeons.
The rising incidence of bone fractures is another factor fueling the expansion of the worldwide medical dynamometer market. In 2017, the International Osteoporosis Foundation (IOF) released a paper estimating that osteoporosis causes 8.9 million bone fractures annually, or one fracture every three seconds. The report added that by 2050, the number of hip fractures in men is expected to rise by 310 percent worldwide, while the number in women is expected to rise by 240 percent. The industry is also being propelled by the rising incidence of sports-related injuries. The CDC reports that each year, around 2 million high school athletes in the United States get bone injuries, leading to 30,000 hospitalisations and 50,000 doctor visits. In addition, scientists and engineers have developed cutting-edge systems for rehabilitating people who have suffered upper-extremity hemiparesis as a result of a stroke. For instance, in July of 2016, Biodex Medical Systems, Inc., a leading innovator in the field of medical technology, announced that its computerised robotic dynamometer now supports upper extremity of hemiparetic attachments.
Important Obstacles
The global medical dynamometer market is being held back by the product's relatively high price tag.
Analysis of Products
The global medical dynamometer market is broken down into several submarkets based on the various types of dynamometers available. The hand dynamometer is expected to maintain its substantial market share throughout the projection period because of its dependability, user-friendliness, and adaptability.
Considerations for Use
The global market for medical dynamometers can be broken down into the submarkets of orthopaedics, neurology, cardiology, emergency medicine, and others. As the incidence of joint-related injuries rises, the orthopaedic sector is expected to occupy the largest share of the market and is expected to maintain its dominance over the projection period.
Use-After-Market Data
The global medical dynamometer market is broken down into different submarkets based on the various end-users that purchase these devices. The healthcare sector is expected to account for the greatest share of this market. The availability of cutting-edge diagnostic tools and a large pool of highly trained physicians is primarily responsible for the expansion of this sector, which in turn is fueling the expansion of the market as a whole.
Evaluation of the Area
The rising prevalence of chronic diseases like osteoporosis and arthritis, as well as the region's rapidly expanding elderly population, suggest that North America will soon command the lion's share of the global market. The demand for medical dynamometers is expected to rise over the projection period as the CDC predicts that 78 million individuals in the United States would be living with arthritis by the year 2040. As a result of improvements in healthcare infrastructure and public education campaigns targeting those with arthritis, Europe is the second-fastest-growing region worldwide. The market in Asia Pacific is expanding at an especially high rate and is expected to keep doing so throughout the projected period. The region has flourished due to demographic shifts, shifting consumer preferences, an uptick in the number of accidents, and a general increase in the cost of living. Other factors driving development in the region include expanding channels of distribution and increased economic activity in emerging markets such as China and India.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Medical Dynamometers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Medical Dynamometers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Medical Dynamometers market based on the below-mentioned segments:
Global Medical Dynamometers Market, By Product Analysis
Global Medical Dynamometers market, By Application
Global Medical Dynamometers Market, By End User
Global Medical Dynamometers market, Regional Analysis
Medical dynamometers measure the force exerted by a patient's muscles, tendons, and bones. Medical dynamometers assess the power of various muscle groups, joints, and nerves in the body. Depending on the model, dynamometers can help with issues including exhaustion, injury care, and pain. The devices aid in the assessment of hand dysfunction and injuries to better gauge therapeutic and treatment outcomes. As an added bonus, it can also be used to spot problems like nerve and bone damage. Wrist dynamometers, hand dynamometers, inclinometers, and pinch gauges are all examples of dynamometers. Both the medical and athletic communities make extensive use of this tool.
Report Coverage
Global Medical Dynamometers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Medical Dynamometers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Medical Dynamometers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Medical Dynamometers market players and analyses their core competencies in each global market sub-segments.
Market-Driving Factors
The global medical dynamometer market is being driven by rising instances of Orthopaedic operations, rising ergonomic health approaches, rising numbers of arthritic patients, rising need for diagnostic instruments, and numerous R&D activities. There were a total of 370770 hip replacements and 680150 complete knee replacements in the United States in 2014, as reported by the National Inpatient Sample. However, main whole hip replacement is expected to increase by 171% and primary total knee replacement is forecast to increase by 189%, as reported by the American Academy of Orthopaedic Surgeons.
The rising incidence of bone fractures is another factor fueling the expansion of the worldwide medical dynamometer market. In 2017, the International Osteoporosis Foundation (IOF) released a paper estimating that osteoporosis causes 8.9 million bone fractures annually, or one fracture every three seconds. The report added that by 2050, the number of hip fractures in men is expected to rise by 310 percent worldwide, while the number in women is expected to rise by 240 percent. The industry is also being propelled by the rising incidence of sports-related injuries. The CDC reports that each year, around 2 million high school athletes in the United States get bone injuries, leading to 30,000 hospitalisations and 50,000 doctor visits. In addition, scientists and engineers have developed cutting-edge systems for rehabilitating people who have suffered upper-extremity hemiparesis as a result of a stroke. For instance, in July of 2016, Biodex Medical Systems, Inc., a leading innovator in the field of medical technology, announced that its computerised robotic dynamometer now supports upper extremity of hemiparetic attachments.
Important Obstacles
The global medical dynamometer market is being held back by the product's relatively high price tag.
Analysis of Products
The global medical dynamometer market is broken down into several submarkets based on the various types of dynamometers available. The hand dynamometer is expected to maintain its substantial market share throughout the projection period because of its dependability, user-friendliness, and adaptability.
Considerations for Use
The global market for medical dynamometers can be broken down into the submarkets of orthopaedics, neurology, cardiology, emergency medicine, and others. As the incidence of joint-related injuries rises, the orthopaedic sector is expected to occupy the largest share of the market and is expected to maintain its dominance over the projection period.
Use-After-Market Data
The global medical dynamometer market is broken down into different submarkets based on the various end-users that purchase these devices. The healthcare sector is expected to account for the greatest share of this market. The availability of cutting-edge diagnostic tools and a large pool of highly trained physicians is primarily responsible for the expansion of this sector, which in turn is fueling the expansion of the market as a whole.
Evaluation of the Area
The rising prevalence of chronic diseases like osteoporosis and arthritis, as well as the region's rapidly expanding elderly population, suggest that North America will soon command the lion's share of the global market. The demand for medical dynamometers is expected to rise over the projection period as the CDC predicts that 78 million individuals in the United States would be living with arthritis by the year 2040. As a result of improvements in healthcare infrastructure and public education campaigns targeting those with arthritis, Europe is the second-fastest-growing region worldwide. The market in Asia Pacific is expanding at an especially high rate and is expected to keep doing so throughout the projected period. The region has flourished due to demographic shifts, shifting consumer preferences, an uptick in the number of accidents, and a general increase in the cost of living. Other factors driving development in the region include expanding channels of distribution and increased economic activity in emerging markets such as China and India.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Charter Electronic, KERN & SOHN, LW Instruments, Marsden Weighing Group, Fabrication Enterprises, JTECH Medical Industries, Hausmann Industries, Biodex Medical Systems Inc., North Coast Medical Inc., 3B Scientific |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Medical Dynamometers Market from 2021 to 2030.
- Market Forecast for Medical Dynamometers Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Medical Dynamometers competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Medical Dynamometers
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Medical Dynamometers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Medical Dynamometers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
- LW Instruments
- Marsden Weighing Group
- Charter Electronic
- KERN & SOHN
- Fabrication Enterprises
- JTECH Medical Industries
- Hausmann Industries
- Biodex Medical Systems Inc.
- North Coast Medical Inc.
- 3B Scientific
Primary Target Market
- Market Players of Medical Dynamometers
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Medical Dynamometers market based on the below-mentioned segments:
Global Medical Dynamometers Market, By Product Analysis
- Chest dynamometer
- Hand dynamometer
- Squeeze dynamometer
- Push pull dynamometer
- Others
Global Medical Dynamometers market, By Application
- Orthopedic
- Neurology
- Cardiology
- Medical Trauma
- Others
Global Medical Dynamometers Market, By End User
- Hospitals
- Physiotherapy Clinics
- Rehabilitation Centers
- Others
Global Medical Dynamometers market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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