Digital Therapeutics Is The Fastest Growing Segment Fueling The Growth Of Cervical Traction Collar Market
Market
Overview:
Cervical traction collar are medical devices used for treatment of neck pain,
stiffness, and disorders like cervical spondylosis. The traction collars are
designed to gently stretch and elongate the neck muscles and soft tissues of
the cervical spine, reducing pressure on discs and nerve roots.
Market key trends:
Rising adoption of digital health technologies is a key trend in the cervical
traction collar market. Various collar manufacturers are integrating their
products with digital apps and platforms for remote monitoring of patients.
This allows continuous tracking of treatment progress and compliance. The
digital features also provide patients access to physiotherapy guides and
exercises on their mobile phones. This enhances convenience and effectiveness
of traction collar therapy. Furthermore, the collected health data aids doctors
in making clinical decisions and customizing care plans according to individual
needs.
Segment Analysis
Content: The global cervical traction collars market is segmented on the basis
of product type, application, distribution channel, and region. Based on
product type, the market is segmented into soft cervical collars and rigid
cervical collars. The rigid cervical collars segment dominates the market as it
effectively immobilizes the neck and provides support and stability.
The
global Cervical
Traction Collars Market Demand is estimated to be valued at US$ 2.53 Bn or Mn in 2023 and is
expected to exhibit a CAGR of 8.4%
over the forecast period 2023 to 2030,
as highlighted in a new report published by Coherent Market Insights.
Key Takeaways
Content: The global cervical traction collars market is expected to witness
high growth, exhibiting CAGR of 8.4% over the forecast period, due to
increasing prevalence of cervical spondylitis and neck injuries.
Regional analysis: North America is expected to dominate the global cervical
traction collars market over the forecast period. This is attributed to the
presence of major players and advanced healthcare infrastructure in the region.
Asia Pacific is expected to exhibit the highest growth rate, owing rapid
economic development and increasing healthcare expenditure in emerging
economies such as China and India.
Key players analysis: Key players operating in the cervical traction collars
market are Meditrac, Trulife, Everyway Medical Instruments Co. LTD, , Enovis
(DJO, LLC), Orthoservice AG, Aurora Health & Beauty Inc., Compass Health,
Advanced Orthopaedics, Disc Disease Solutions, Inc., Jiangsu Folee, Baker
Medical., Tynorindia, SCOLIOLIFE, and Pettibon System. Meditrac is expected to
continue its dominance in the global market, owing to its wide distribution
network and strong brand portfolio.
Read More:
Comments
Post a Comment