Global Medical Dynamometer Market Is Estimated To Witness High Growth Owing To Growing Adoption Of Orthopedic Procedure And Rising Prevalence Of Arthritis
Overview:
Medical
dynamometer are devices which calculate the strength of different muscle groups
along with nerves and bones. These medical instruments are used in various
medical fields such as physiotherapy, rehabilitation and many others. Medical
dynamometers help in measuring the patient response for their treatment and
therapy. They can also detect some issues such as bone, nerve and joint
damages. These medical instruments are available in a variety of sizes and
shapes to meet the patient’s needs and specifications. Muscle testing through
the use of isokinetic dynamometry is considered to be the gold standard
approach for assessing muscular strength. However, it is impractical for most
clinical settings to have access to this type of equipment. A more simple
quantitative clinical measure of muscle strength, the hand dynamometer (HHD),
has been shown to have a high correlation with isometric force and is less
expensive to obtain and operate.
Market Dynamics:
Growing
acquisitions by key players are estimated to augment growth of the global medical
dynamometer market
during
the forecast period. For instance, 3B Scientific, signed an agreement for acquiring iSimulate
in January 2021, for an undisclosed amount. According to the agreement, iSimulate
will continue operations from New York, Canberra, Albany, and Australia. Moreover,
increasing cost associated with the usage of
devices and lack of advanced and improved healthcare infrastructure
is anticipated to restrain growth of the global medical dynamometer market during
the forecast period.
Impact
of COVID-19:
The pandemic was first reported in 2019 in
China. This led to imposition of strict regulations in many countries. This
outbreak affected many sectors of society. Manufacturing activities in many
businesses were shut down and several companies had to halt operations. The
pandemic also hampered the growth of many sectors, as there was decrease in
demand and productions of many items. The healthcare sector was impacted
severely. Several clinics had to be shut down to avoid transmission of the
virus. Many people were being monitored remotely, as social distancing rule
were implemented. This led to shutting down of many rehabilitation and physiotherapy
centers. Thus, the growth of the global medical dynamometer market was
restrained during the pandemic.
Key
Takeaways:
The
global medical dynamometer market is
expected to witness robust growth, exhibiting CAGR of 6.56 % over the forecast period, due to rising technological
advancements. For instance, ActivBody unveiled a digital dynamometer ActivForce
in February 2020. This dynamometer will help in performing the manual test
of muscle strength.
North America is anticipated to witness
robust growth in the global medical dynamometer market during
the forecast period, due to growing
prevalence of breast cancer.
Key
players active in the
global
medical dynamometer market are JOHNSON SCALE CO. INC, JTECH MEDICAL INDUSTRIES, INC.,
MICROTEKNIK, HAUSMANN INDUSTRIES,DELUXE SCIENTIFIC SURGICO PVT LTD, 3B Scientific,
Hoggan Scientific, LLC., KERN & SOHN GmbH, Bharat Medical Systems., Charder
Electronic Co, Ltd., Mark-10 Coporation; Magtrol., Marsden Weighing Group,
Alimed Inc., North Coast Medical Inc., Lafayette Instrument Company, and JLW
Instruments.
Comments
Post a Comment