Medical Dynamometer Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 501.02 Million |
| Market Size (2029) | USD 687.72 Million |
| CAGR (2024 - 2029) | 6.54 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Medical Dynamometer Market Analysis
The Medical Dynamometer Market size is estimated at USD 501.02 million in 2024, and is expected to reach USD 687.72 million by 2029, growing at a CAGR of 6.54% during the forecast period (2024-2029).
The significant factor attributing this market's growth is the growing incidence cases of sports injuries, a rise in patients suffering from arthritis, orthopedic procedures, an increase in ergonomic methods to wellness, along with the increase in research and development measures as well as growing demand for diagnostic systems will upsurge the growth of dynamometers market.
High school athletes alone account for 2 million incidents, 50,000 visits to the doctor, and 30,000 hospital admissions in the U.S. each year, as per the CDC (Centers for Disease Control and Prevention) and this is expected to increase the medical dynamometer market over the forecast period.
Medical Dynamometer Market Trends
This section covers the major market trends shaping the Medical Dynamometer Market according to our research experts:
Hand Dynamometer is Expected to Hold the Largest Market Share in the Medical Dynamometer Market
The Dominant share is retained by the Hand Dynamometer segment owing to the attributes such as the growing geriatric population and rising incidence of osteoporosis and arthritis cases worldwide is further expected to drive the market growth for hand dynamometers.
As per the International Osteoporosis Foundation, osteoporosis affects more than 8.9 million fractures per year globally, leading to an osteoporosis fracture every 3 seconds. As per the estimates presently around 200 million individuals suffer from Osteoporosis globally. As per the WHO, 45% of road accidents occur among pedestrians in low-income countries, although it is projected to be 29% in middle-income countries and 18% among pedestrians in high-income countries.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to dominate the overall Medical Dynamometer market, throughout the forecast period. This is owing to factors such as the rising prevalence of chronic disorders such as arthritis, osteoporosis, and rising geriatric population will drive the market for medical dynamometer in the region. As per the CDC estimates, by 2040, it is expected that around 78 million (26%) US people aged 18 years or older would have arthritis which is further expected to upsurge the demand of medical dynamometer market during the forecast period.
Medical Dynamometer Industry Overview
The Medical Dynamometer market is moderately competitive and consists of a few major players. In terms of market share, few of the major players are currently dominating the market. And some prominent players are vigorously making acquisitions and new product launches with the other companies to consolidate their market positions across the globe.
Medical Dynamometer Market Leaders
-
JTECH Medical Industries, Inc.
-
KERN and SOHN GmbH
-
Charder Electronic Co, Ltd.
-
Marsden Weighing Group
-
Biodex Medical Systems, Inc.
*Disclaimer: Major Players sorted in no particular order
Medical Dynamometer Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
-
4.2 Market Drivers
- 4.2.1 Rising Incidence of Osteoporosis
- 4.2.2 Increasing Sport Related Injuries and Disorders
-
4.3 Market Restraints
- 4.3.1 High Cost of Devices
-
4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 By Product
- 5.1.1 Chest Dynamometer
- 5.1.2 Hand Dynamometer
- 5.1.3 Push Pull Dynamometer
- 5.1.4 Squeeze Dynamometer
- 5.1.5 Other Devices
-
5.2 By Application
- 5.2.1 Orthopedic
- 5.2.2 Neurology
- 5.2.3 Cardiology
- 5.2.4 Medical Trauma
- 5.2.5 Others
-
5.3 By Usage
- 5.3.1 Hospitals/Clinics
- 5.3.2 Rehabilitation Centers
- 5.3.3 Others
-
5.4 Geography
- 5.4.1 North America
- 5.4.1.1 United States
- 5.4.1.2 Canada
- 5.4.1.3 Mexico
- 5.4.2 Europe
- 5.4.2.1 Germany
- 5.4.2.2 United Kingdom
- 5.4.2.3 France
- 5.4.2.4 Italy
- 5.4.2.5 Spain
- 5.4.2.6 Rest of Europe
- 5.4.3 Asia-Pacific
- 5.4.3.1 China
- 5.4.3.2 Japan
- 5.4.3.3 India
- 5.4.3.4 Australia
- 5.4.3.5 South Korea
- 5.4.3.6 Rest of Asia-Pacific
- 5.4.4 Middle-East and Africa
- 5.4.4.1 GCC
- 5.4.4.2 South Africa
- 5.4.4.3 Rest of Middle-East and Africa
- 5.4.5 South America
- 5.4.5.1 Brazil
- 5.4.5.2 Argentina
- 5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
-
6.1 Company Profiles
- 6.1.1 JTECH Medical Industries Inc.
- 6.1.2 KERN and SOHN GmbH
- 6.1.3 Charder Electronic Co, Ltd.
- 6.1.4 Marsden Weighing Group
- 6.1.5 Biodex Medical Systems, Inc.
- 6.1.6 Fabrication Enterprises
- 6.1.7 North Coast Medical
- 6.1.8 Lafayette Instrument
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Medical Dynamometer Industry Segmentation
As per the scope of the report, Medical dynamometers are devices that measure the strength of different muscle groups along with bones and neurons. Medical dynamometers evaluate the intensity of different groups of muscles, nerves, and joints in the body. Some dynamometers provide tolerance to the different requirements of an individual, including treatment for injuries, weakness, discomfort among others.
| By Product | Chest Dynamometer | |
| Hand Dynamometer | ||
| Push Pull Dynamometer | ||
| Squeeze Dynamometer | ||
| Other Devices | ||
| By Application | Orthopedic | |
| Neurology | ||
| Cardiology | ||
| Medical Trauma | ||
| Others | ||
| By Usage | Hospitals/Clinics | |
| Rehabilitation Centers | ||
| Others | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle-East and Africa | GCC |
| South Africa | ||
| Rest of Middle-East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Medical Dynamometer Market Research FAQs
How big is the Medical Dynamometer Market?
The Medical Dynamometer Market size is expected to reach USD 501.02 million in 2024 and grow at a CAGR of 6.54% to reach USD 687.72 million by 2029.
What is the current Medical Dynamometer Market size?
In 2024, the Medical Dynamometer Market size is expected to reach USD 501.02 million.
Who are the key players in Medical Dynamometer Market?
JTECH Medical Industries, Inc., KERN and SOHN GmbH, Charder Electronic Co, Ltd., Marsden Weighing Group and Biodex Medical Systems, Inc. are the major companies operating in the Medical Dynamometer Market.
Which is the fastest growing region in Medical Dynamometer Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Medical Dynamometer Market?
In 2024, the North America accounts for the largest market share in Medical Dynamometer Market.
What years does this Medical Dynamometer Market cover, and what was the market size in 2023?
In 2023, the Medical Dynamometer Market size was estimated at USD 470.26 million. The report covers the Medical Dynamometer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Medical Dynamometer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Medical Dynamometer Industry Report
Statistics for the 2024 Medical Dynamometer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Medical Dynamometer analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
