A recent report published by Infinium Global Research on medical dynamometer market provides in-depth analysis of segments and sub-segments in the global as well as regional medical dynamometer market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional medical dynamometer market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global medical dynamometer market. According to the report, the global medical dynamometer market is projected to grow at a CAGR of 7.2% over the forecast period of 2019-2025.

Market Insight

Medical dynamometer is an instrument to measure the strength of bones, muscles, and functioning of neurons capable of sending signals to the brain. Medical dynamometer provides precise and accurate data which is required for reimbursable rehabilitation services. This device utilized for clinical decision-making and evaluating outcomes related to carpal tunnel syndrome, nerve injury, tendon injuries of the hand and neuromuscular disorder. Medical dynamometers are usually hand dynamometers. Osteoporosis, bone mineral density, tendon injury, nerve injury, cardiovascular disorder and fragility of bones are few applications of a medical dynamometer.

The major factor driving the growth of medical dynamometer market is the growing prevalence of osteoporosis, increasing geriatric population, and surge in demand for diagnostic devices. According to international osteoporosis foundation, osteoporosis causes 8.9 million fractures annually worldwide.  Osteoporosis and low bone mass are estimated to be a major public health threat for around 44 million U.S. women and men aged 50 or above. Medical dynamometer helps in determining eating capability assessment in geriatric population, testing the strength in sportsmen, recovery from stroke and grasping force. Additionally, cost-effectiveness and easy availability of a product is another factor driving the growth medical dynamometer market. Moreover, a growing number of sports-related injuries have a positive impact on the growth of the same. Furthermore, the advances in the technology of dynamometer with high accuracy and precision are estimated to provide an opportunity in the growth of medical dynamometer market in the forecast period.

Among the regions, North America is holding the major market shares in the medical dynamometer market. The high adoption of advanced technology and the growing application of medical dynamometer in the geriatric population are estimated to propel the growth of the market in North America. Europe holds the second largest market share in the growth of medical dynamometer market. Further, the increase in companies investing in the healthcare sector and increasing cases of osteoporosis is boosting the growth of medical dynamometer market. According to international osteoporosis foundation, the number of fractures in the Europe region will rise from 3.5 million in 2010 to 4.5 million in 2025, corresponding to an increase of 28%. Asia Pacific is estimated to be the fastest growing region for medical dynamometer market. The rise in sports activity and an increase in the number of accidents in countries like India and China is anticipated to grow the medical dynamometer market.

Segment Covered

The report on global medical dynamometer market covers segments such as product, application, and end-user. On the basis of product, the sub-markets include pinch gauge, hand dynamometer, chest dynamometer, push-pull dynamometer, and squeeze dynamometer. On the basis of application, the sub-markets include orthopedic, neurology, cardiology, and medical trauma. On the basis of end-user, the sub-markets include hospitals, rehabilitation centers, and physiotherapy clinics.

Companies Profiled:

The report provides profiles of the companies in the market such as JLW Instruments, North Coast Medical, Inc., Charder Electronic Co, Ltd., KERN & SOHN GmbH, Fabrication Enterprises Inc., JTECH Medical Industries, Inc., Hausmann Industries, 3B Scientific, and Other Companies.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of medical dynamometer market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.