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A Comprehensive Outlook on the Medical Dynamometers Market to 2030

The medical dynamometers market shows positive growth prospects, expanding at a CAGR of 7.7% across the forecast period (2020-2026). Rising prevalence of bone injuries is a significant growth driver for the market. Medical dynamometer devices are an alternative to physiotherapy treatment for people suffering from joint, muscle and tendon disorders.

Their efficiency in the recovery process makes medical dynamometers a preferred choice of treatment amongst patients. Additionally, increased prevalence of sports injuries is expected to drive the growth of the medical dynamometers market across the forecast period.

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The readability score of the Medical dynamometers market Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.

This Medical dynamometers market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Medical dynamometers market along with key stakeholders as well as emerging players associated with the manufacturing of product.

The Key trends Analysis of Medical dynamometers market also provides dynamics that are responsible for influencing the future Sales and Demand of over the forecast period.

What differences can the Medical dynamometers market report make on the revenue impacts and strategies of businesses?

Fact.MR strives to provide comprehensive assessments of opportunities in various regions and technology segments. The study also offers an uncluttered data-driven insights into the growth avenues of the Medical dynamometers market and all its segments. Some of the ways the study can make a discernible impact are by offering evidence-based perspectives on:

  • Attractiveness quotient of emerging product/technology types in various products in the Medical dynamometers market.
  • Micro-economics factors that may hamper the prospects of some of the key segments
  • Recent spate of research and development (R&D) funding on key Medical dynamometers market
  • New business models paving way for disruptions in demand dynamic of key segments
  • Regional markets that will be future engine of growth and the industry trends that will support these markets
  • Challenges overcoming which may offer industry players competitive edge

The key market players in the global Medical dynamometers market include:

·         Biodex Medical Systems

·         Cefar Medical

·         Chattanooga Group/DJO Global

·         G.Tec Medical Engineering

·         JTECH Medical

·         Kinetic Technologies

·         M.C. Matic

·         R.B. Electronics

·         Richmar

·         Simet s.r.l.

Medical Dynamometers: Market Segmentation

Fact.MR has studied the medical dynamometers market with detailed segmentation on the basis of product, end-user, material, application and region.

·         By Product :
  • Squeeze Dynamometer
  • Pinch Gauge
  • Hand Dynamometer
  • Chest Dynamometer
  • Push-pull Dynamometer
  • Others
·         By End-user :
  • Hospitals
  • Rehabilitation Centers
  • Physiotherapy Clinics
  • Others
·         By Material :
  • Electronic
  • Mechanical
·         By Application :
  • Orthopedic
  • Cardiology
  • Neurology
  • Medical Trauma
  • Others
·         By Region :
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

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Questionnaire answered in the Market outlook Report of Medical dynamometers market include:

  • What is the key strategy deployed by large players to maximize Medical dynamometers market growth?
  • What are the main challenges faced by players in the Medical dynamometers market Demand?
  • With the advent of technological advancement, how will the Medical dynamometers market landscape change over the forecast period?
  • What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Medical dynamometers market size?

How will be insights and market estimations provided in the Fact.MR report on the Demand of Medical dynamometers make a difference?

  • The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
  • The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
  • The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
  • Provides scrutiny of the industry trends that have shaped recent government policies
  • Provides an account of major breakthroughs in all segments that might change the course of the market considerably
  • Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Automated External Defibrillators Market
  • Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
  • Evaluates the role of various stages of funding on new growth avenues in key regional markets

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Categories
Pharmaceutical

Demand for Electronic Medical Dynamometers Market to Grow at a CAGR of 8% Through 2026

The global medical dynamometers market exhibits a positive growth trajectory, expanding at a CAGR of 7.7% between 2020 and 2026. Growth of the market is associated with an increasing prevalence of orthopedic disorders. According to the International Osteoporosis Foundation, the disease is responsible for nearly nine million fractures annually, with an osteoporotic fracture every three seconds. By 2050, the global incidence of hip fracture is projected to increase by over 300% in men and over 200% in women. Moreover, two-fifths of the population in low-income countries suffer bone damage due to road accidents. Based on the abovementioned trends, demand for dynamometer devices to correct bone anomalies is steadily rising.

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However, the ongoing COVID-19 pandemic is expected to generate shortfalls in the market, attributed to disruption of supply chains amid stringent nationwide lockdowns. Countries with extremely high rates of infections have banned cross-border and inter-state travel, leading to difficulties in the transportation of essential raw materials required to manufacture medical dynamometers.

medical dynamometer market share forecast by application

Key Takeaways of Medical Dynamometers Market Study:

  • Hand dynamometers shall capture two-fifths of the medical dynamometers market across the forecast period. A high success rate with respect to increased grip strength in patients with early rheumatoid arthritis and reduction on synovitis of the fingers and wrists is the primary growth driver of this segment.
  • Electronic dynamometers are anticipated to surge in popularity, expanding at a CAGR of ~8% across the forecast period. Advancements on technology for addressing disabling disorders such as Duchene muscular dystrophy (DMD) or spinal muscular atrophy (SMA), increasing sports activities and increasing reliance on isometric electronic devices are expected to boost growth.

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  • By application, the orthopedic segment is poised to dominate the medical dynamometers market, capturing a market share of 29.8%. Growth of the orthopedic segment is attributed to an increase in the number of knee osteoarthritis, ACL and musculoskeletal surgeries.
  • By end-user, hospitals and rehabilitation centers are expected to exhaustively utilize medical dynamometers. Increasing preference for minimally invasive surgeries and reduced in-house stay in healthcare settings is driving the increased usage of medical dynamometers across both segments.
  • North America is poised to dominate the medical dynamometers market by region, accounting for nearly 2/5th of the market. Rising number of orthopedic surgical procedures and increased adoption of robotics is driving growth in the region.
  • Asia-Pacific is expected to expand the fastest, at an astounding CAGR of 8.5%, attributed to a rising proportion of elderly population and significant investments in developing a robust healthcare infrastructure.

Medical Dynamometers: Market Segmentation

Fact.MR has studied the medical dynamometers market with detailed segmentation on the basis of product, end-user, material, application and region.

Product

End-user

Material

Application

Region

Squeeze Dynamometer Hospitals Electronic Orthopedic North America
Pinch Gauge Rehabilitation Centers Mechanical Cardiology Europe
Hand Dynamometer Physiotherapy Clinics Neurology Asia Pacific
Chest Dynamometer Others Medical Trauma Latin America
Push-pull Dynamometer Others Middle East & Africa (MEA)
Others

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“Rising prevalence of orthopedic disorders has prompted increased usage of medical dynamometers in the recent past and shall continue across the forecast period. Leading manufacturers are incorporating technological enhancements to increase their presence in the market,” concludes a Fact.MR analyst.

Medical Dynamometers Market: Competition Landscape:

The medical dynamometers market is semi-consolidated with the presence of a few prominent market players, which include JTECH Medical Industries, Inc., Hausmann Industries, 3B Scientific Fabrication Enterprises Inc., KERN & SOHN GmbH and North Coast Medical Inc. Introduction of technologically enhanced specialty products and establishment of business ventures in emerging economies are principal growth strategies employed by the market players.

They also partnering with hospitals, rehabilitation centers and physiotherapists to provide after-purchase maintenance services. For instance, JTECH Medical Industries, Inc., lays strong emphasis on hand therapy devices and markets products such as the Dualer IQ Pro Digital Dual Inclinometry device, the Commander Echo Console and Grip and IsoTrack Pro devices. 3B Scientific, another market player, has expanded its services in emerging countries. At present, the company has presence in over 100 countries worldwide.

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