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Medical Tuning Fork Market Size, COVID-19 Impact Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2022 – 2028

  • Report ID: GMI4300

Medical Tuning Fork Market Size is slated to record appreciable growth between 2022 and 2028. This is on account of the rising product usage in tuning fork tests for the diagnosis of certain types of hearing loss. Furthermore, the equipment can also be used for the evaluation of an extensive range of health problems.
 

For instance, if X-rays are in short supply, doctors can utilize tuning forks for identifying whether the bone is fractured or not. Additionally, tuning forks can also be used in providing sound therapy which helps in inducing a deeper state of relaxation.
 

By type, the steel segment is anticipated to register considerable expansion through 2028 owing to the rising deployment of steel for the manufacturing of different types of products. Citing an instance, the mild steel tuning fork, which usually comes in a dull grey metallic appearance, produces sustained, bright, and clear sound similar to that of the blued steel tuning fork. The segmental expansion is being driven by the multiple benefits of steel forks.
 

Considering end-use, the clinics segment is projected to contribute a lucrative share to medical tuning fork market size over the forecast period. This upsurge can be credited to the soaring demand for advanced medical tuning forks in clinics. Over the recent years, clinics have recorded the escalating adoption of upgraded medical devices for performing specific tests for determining the extent of hearing loss.
 

On the basis of region, the North America medical tuning fork market is anticipated to register substantial expansion by 2028 owing to a rise in technologically advanced product developments across the region. For instance, American Diagnostic has launched the ‘Tuning Fork-128’ that provides consistent accuracy in frequency accuracy and has corrosion resistant aluminum alloy construction. Similar advancements are estimated to propel regional expansion through the coming years.
 

Major companies across the medical tuning fork market include American Diagnostic, Prestige Medical, Nagashima Medical Instruments, KaWe, MDF Instruments, AME Worldwide, Luxamed, Spirit Medical, and others. These players are focusing on strategic initiatives such as mergers, acquisitions, product developments, collaborations, and partnerships for maintaining their position in the market.
 

For instance, Spirit Medical recently rolled out CK-902, which is manufactured from aluminum-alloy, for meeting the requirements of the medical profession. The product has the same features and materials as that of CK-901 and is expected to drive the company’s growth.
 

Citing another instance, MDF Instruments has developed its Rydel-Seiffer medical tuning fork, which is available in different frequencies – 128 Hz, 256 Hz, and 512 Hz. The product is slated to be used for various requirements across the medical industry.
 

Impact of COVID-19 pandemic on medical tuning fork market outlook

The COVID-19 pandemic has led to a number of people experiencing neurological symptoms, peripheral nervous manifestations, central nervous system manifestations, and skeletal muscle manifestations. While the damaging impact of COVID-19 virus on the hearing organs has not yet been explored, there is an opportunity for the deployment in the treatment of the above-mentioned conditions.
 

As per the American Tinnitus Association, preexisting behavioral conditions can make it more likely for patients to experience tinnitus due to depression and stress associated with infection avoidance and social isolation. These factors are expected to open avenues for the development of novel and advanced medical tuning forks through the pandemic period.
 

The medical tuning fork market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2017 to 2028 for the following segments:

Market, by Material Type

  • Steel material
  • Aluminum alloy material
  • Others

Market, by End-user

  • Hospitals
  • Clinics
  • ASCs
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
  • Latin America
    • Mexico
    • Brazil
    • Argentina
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • UAE
       

What Information does this report contain?

Historical data coverage: 2017 to 2021; Growth Projections: 2022 to 2028.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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