Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 655.1 million | USD 1,210.3 million | 7.18% | 2023 |
The global Medical Dynamometer market size accrued earnings worth approximately USD 655.1 Million in 2023 and is predicted to gain revenue of about USD 1,210.3 Million by 2032, is set to record a CAGR of nearly 7.18% over the period from 2024 to 2032.
Medical dynamometers measure the strength of various muscles, bones, and neurons groups found in the human body. These dynamometers offer resistance that matches a patient's various needs, which includes treating weaknesses, fatigue, pain, etc. These are also used for making clinical decisions and evaluating outcomes related to pathologies, such as carpal tunnel syndrome, hands’ tendon injury, nerve injury, neuromuscular disorder, etc. The demand and popularity of the medical dynamometer market across the globe can be attributed to the growing number of surgical procedures.
The major growth driver of the global medical dynamometer market in the future is the growing product demand as they offer objective and accurate and data that is needed for reimbursable rehabilitation services. Other factors that are anticipated to contribute notably toward the expansion of the medical dynamometer market globally over the estimated timeframe include the increasing number of surgical procedures, rising cases of bone-related injuries, and increasing base of elderly population worldwide. Furthermore, increased adoption of new generation dynamometers, the rising cases of ruptured tendons, and a growing number of sports-related injuries are projected to positively impact the market for medical dynamometers in the years ahead.
Report Attributes | Report Details |
---|---|
Report Name | Medical Dynamometer Market |
Market Size in 2023 | USD 655.1 Million |
Market Forecast in 2032 | USD 1,210.3 Million |
Growth Rate | CAGR of 7.18% |
Number of Pages | 203 |
Key Companies Covered |
JLW Instruments, North Coast Medical, Marsden Weighing Group, Charder Electronic, KERN & SOHN, Fabrication Enterprises, 3B Scientific, Hausmann Industries, and JTECH Medical Industries, among others. |
Segments Covered | By Product Type, By Material, By End-Use, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global medical dynamometer market is categorized into product, application, and end-user.
By product, the medical dynamometer market includes push-pull dynamometer, chest dynamometer, hand dynamometer, pinch gauge, squeeze dynamometer, and others. Hand dynamometers held a major share of the global market in 2023 and are likely to grow considerably in the upcoming years as well.
On the basis of application, the market for medical dynamometer is classified into medical trauma, cardiology, neurology, orthopedic, and others. The orthopedic segment is anticipated to grow notably in the future, owing to the rising cases of ruptured tendons and an increasing number of sports-related injuries.
Based on end-user the market is segmented into physiotherapy clinics, rehabilitation centers, hospitals, and others. Hospitals are likely to significantly contribute toward the global market over the estimated timeframe, due to the increased adoption of new generation dynamometers.
Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By region, this global market is primarily divided into Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. The North American region is projected to dominate the global medical dynamometer market over the estimated time period. This can be attributed to rising sports activities and an increasing number of accidents. Furthermore, the early diagnosis of arthritis and immediate treatment of tendon via therapy or surgical procedures are projected fuelling the North American medical biotechnology market, which is projected to drive the region’s medical dynamometer market in the future. Europe is expected to emerge as the second leading market for medical dynamometer in the future, owing to favorable government initiatives related to awareness programs for arthritis and well-developed healthcare infrastructure. The Asia Pacific is the medical dynamometer market likely to grow rapidly in the years ahead, owing to the rising population, changing lifestyles of the regional population, rising accident cases, and rapid economic growth.
Some important players of the global medical dynamometer market are
By Product Type
By Application
By End-User
Medical dynamometer Market: Regional Segments
FrequentlyAsked Questions
The major growth driver of the global medical dynamometer market in the future is the growing product demand as they offer objective and accurate and data that is needed for reimbursable rehabilitation services.
Global Medical Dynamometer market size earned around $655.1 Mn in 2023 and is expected to reach $1,210.3 Mn by 2032, with a projected CAGR of 7.18%.
The North American region is projected to dominate the global medical dynamometer market over the estimated time period. This can be attributed to rising sports activities and an increasing number of accidents.
Some main participants of the medical dynamometer market are JLW Instruments, North Coast Medical, Marsden Weighing Group, Charder Electronic, KERN & SOHN, Fabrication Enterprises, 3B Scientific, Hausmann Industries, and JTECH Medical Industries, among others.
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