Global Medical Dynamometer Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Medical Dynamometer Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global medical dynamometer market report has been segmented on the basis of product, application, end user, and region.
Global Medical Dynamometer Market: Overview
A dynamometer is also called as a pinch gauge. It is medical device that is used for measuring a patient’s hand strength for evaluate a patient trauma or hand dysfunction as well as to determine how a patient is responding for ongoing treatment and therapy. In addition, this medical instrument is to detect issues such as bone, muscle, and nerve damage are identified via physical limits.
Global Medical Dynamometer Market: Dynamics
Rising incidences of chronic diseases is a key factors expected to drive the revenue growth of the target market over next ten years. In addition, increasing geriatric population, rising demand for various minimal invasive surgical room procedures, and increasing number of sport injuries are some of the other factors boosting the demand for the medical dynamometer worldwide. Common sports related injuries includes plantar fasciitis, knee injuries shoulder sprains & strains, rotator cuff tears, and ankle sprain. In 2017, According United Nation registered that approximately 962 Mn people are 60 aged and above and accounts for 13 % world’s population.
Furthermore, launch of new technologically advent products in market and supportive government funding for research and development of medical dynamometer products are another factor expected to support the market growth over the forecoming years.
However, high cost of medical dynamometer is a factor expected to restraint the growth of the target market to a certain extent.
Global Medical Dynamometer Market: Segment Analysis
On the basis of product segment, hand dynamometer accounted for majority share in the global medical dynamometer market. This is due to multiple usage of this instrument and ease of handling. On the basis of application segment, orthopedic segment is expected to witnessed high revenue share. This is primarily due to, increasing number of joints related injuries. On the basis of end user segment, hospital is expected to dominate the market over the forecoming years. This is due to increasing number of private hospitals especially in developing region.
Global Medical Dynamometer Market: Trends
The established players are focusing on enhancing their product portfolio as well as strengthen its distribution channels in order to increasing the outreach of their products to end user is the current key trend witnessed in the target market.
Global Medical Dynamometer Market: Regional Analysis
Currently, the markets in North America accounted largest market revenue share in the target market. This is primarily attributed to developing medical infrastructure and higher healthcare expenditure. The markets in Asia Pacific is expected to gain fastest growth rate over the forecast period, owing to high awareness regarding minimal invasive surgical procedure and developing medical infrastructure such as China and India in the Asia Pacific region. In addition, the market in Latin America and Middle East & Africa is expected to expand at a moderate revenue growth rate over the forecast years.
Global Medical Dynamometer Market Segmentation:
Segmentation by product:
- Squeeze Dynamometer
- Pinch Gauge
- Hand Dynamometer
- Chest Dynamometer
- Push-pull Dynamometer
Segmentation by application:
- Medical Trauma
Segmentation by end user:
- Rehabilitation Centers
- Physiotherapy Clinics
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- JTECH Medical Industries, Inc.
- Hausmann Industries, Inc.
- 3B Scientific GmbH
- Fabrication Enterprises, Inc.
- KERN & SOHN GmbH
- Charder Electronic Co, Ltd.
- Marsden Weighing Group
- North Coast Medical Inc.
- JLW Instruments, Inc.
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