Demand for Medical Dynamometer Market is Expected to Rise at An Impressive CAGR of 7.4% by 2026

Transparency Market Research (TMR) has published a new report titled, "𝗠𝗲𝗱𝗶𝗰𝗮𝗹 𝗗𝘆𝗻𝗮𝗺𝗼𝗺𝗲𝘁𝗲𝗿 Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026." According to the new report, the global medical dynamometer market was valued at US$ 522.3 Mn in 2017 and is projected to expand at a CAGR of 7.4% from 2018 to 2026. Increase in sports activity and rise in number of accidents that lead to bone fractures are anticipated to propel the global market between 2018 and 2026. North America and Europe are expected to dominate the global market, owing to an increase in demand for novel technologies. The market in Asia Pacific is projected to expand at a high CAGR during the forecast period. The medical dynamometer market in Latin America is likely to grow at a moderate pace during the forecast period. Key factors contributing to the growth of the market in Brazil are rapid improvement in health care infrastructure and increase in purchasing power of people. Additionally, health care companies strive to cut hospitalization costs, while offering better services to patients in the country.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗮𝘁 (𝗨𝘀𝗲 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗠𝗮𝗶𝗹 𝗜𝗱 𝗳𝗼𝗿 𝗤𝘂𝗶𝗰𝗸 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗲) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=20786

𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗶𝗻 𝗦𝗽𝗼𝗿𝘁𝘀 𝗜𝗻𝗷𝘂𝗿𝗶𝗲𝘀 𝘁𝗼 𝗙𝘂𝗲𝗹 𝗠𝗮𝗿𝗸𝗲𝘁

Rise in health awareness, increase in the geriatric population, and surge in importance of adventure sports among youngsters have led to high incidence of sports injuries across the world. High rate of youth sports injuries is fueled by an increase in overuse of the joints and repeated small trauma injuries. Additionally, the baby boomer population in the U.S. is able to exercise under medical supervision. This demography has, therefore, been reported to undergo surgeries such as hip and knee replacements and surgery for cartilage damage. Common sports-related injuries include ankle sprain, plantar fasciitis, shoulder sprains & strains, rotator cuff tears, and knee injuries. Therefore, increase in sports-related injuries has created high demand for knee cartilage repair procedures.

𝗛𝗮𝗻𝗱 𝗗𝘆𝗻𝗮𝗺𝗼𝗺𝗲𝘁𝗲𝗿 𝗦𝗲𝗴𝗺𝗲𝗻𝘁 𝘁𝗼 𝗗𝗼𝗺𝗶𝗻𝗮𝘁𝗲 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁

Hand dynamometer was a prominent segment of the market in 2017. The segment is projected to expand at a high CAGR during the forecast period. Rise in sports injuries and increase in number of fractures of hands and wrists are anticipated to propel the segment in the near future.

𝗢𝗿𝘁𝗵𝗼𝗽𝗲𝗱𝗶𝗰 𝗦𝗲𝗴𝗺𝗲𝗻𝘁 𝘁𝗼 𝗟𝗲𝗮𝗱 𝗠𝗮𝗿𝗸𝗲𝘁

The orthopedic segment is projected to dominate the global market during the forecast period, accounting for the largest share by 2026. The segment is anticipated to expand at a high CAGR between 2018 and 2026.

𝗔𝘀𝗶𝗮 𝗣𝗮𝗰𝗶𝗳𝗶𝗰 𝗼𝗳𝗳𝗲𝗿𝘀 𝗦𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀

Asia Pacific accounted for significant share of the global medical dynamometer market in 2017. The region is likely to gain market share by 2026. High adoption of hand dynamometer and government initiatives to promote innovative devices contributed to Asia Pacific's high share of the global dynamometer market. Asia Pacific is projected to be an attractive market for dynamometer market during the forecast period. The market in Asia Pacific is likely expand at a high CAGR during the forecast period due to large number of trauma injuries. China accounted for the largest share of the market in the region in terms of revenue in 2017. The market in Latin America and Middle East & Africa is anticipated to expand at a moderate growth rate during the forecast period.

𝗕𝘂𝘆 𝘁𝗵𝗶𝘀 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 | 𝗜𝗺𝗺𝗲𝗱𝗶𝗮𝘁𝗲 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝘆 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗮𝘁 - https://www.transparencymarketresearch.com/checkout.php?rep_id=20786<ype=S

𝗥𝗶𝘀𝗲 𝗶𝗻 𝗢𝘀𝘁𝗲𝗼𝗽𝗼𝗿𝗼𝘀𝗶𝘀 𝗗𝗶𝘀𝗲𝗮𝘀𝗲𝘀 𝗮𝗺𝗼𝗻𝗴 𝗚𝗲𝗿𝗶𝗮𝘁𝗿𝗶𝗰 𝗣𝗼𝗽𝘂𝗹𝗮𝘁𝗶𝗼𝗻

According to the International Conference on Spine and Spinal Disorders (2016), osteoporosis disease has become quite common among the geriatric population. Approximately 1.5 million people globally suffer from osteoporosis fracture every year and an estimated 700,000 experience spinal fracture.

𝗠𝗼𝗿𝗲 𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗯𝘆 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 -

𝗜𝗻𝘀𝘂𝗳𝗳𝗹𝗮𝘁𝗶𝗼𝗻 𝗗𝗲𝘃𝗶𝗰𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁- https://www.prnewswire.com/news-releases/global-insufflation-devices-market-to-reach-us-4-7-bn-by-2032--as-per-transparency-market-research-301708139.html

𝗖𝗮𝗿𝗱𝗶𝗼𝘃𝗮𝘀𝗰𝘂𝗹𝗮𝗿 𝗗𝗶𝗮𝗴𝗻𝗼𝘀𝘁𝗶𝗰 & 𝗠𝗼𝗻𝗶𝘁𝗼𝗿𝗶𝗻𝗴 𝗗𝗲𝘃𝗶𝗰𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁- https://www.globenewswire.com/news-release/2022/12/07/2569618/0/en/Global-Cardiovascular-Diagnostic-Monitoring-Devices-Market-to-Exceed-Value-of-US-29-0-Bn-by-2031-TMR-Study.html

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀

Nikhil Sawlani
Transparency Market Research Inc.
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