Global Medical Dynamometer Market – Insights on Current Scope 2026Posted by Prasad on April 20th, 2021 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. For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4811 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. Moreover, finished products are unable to reach end-users due to the same reason. In addition, people with chronic conditions are delaying their surgeries in favor of patients with COVID-19, leading to a fall in demand for medical dynamometers. However, projections indicate a healthy growth trajectory in the post-pandemic period. Key Takeaways of Medical Dynamometers Market Study:
“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. About Us: Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner. Contact: US Sales Office: Corporate Headquarter: Like it? Share it! More by this author |