PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1462936
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1462936
Cervical Traction Collars Market size was valued at USD 2,345.5 Million in 2023, expanding at a CAGR of 7.9% from 2024 to 2032.
Cervical traction, also known as spinal traction, represents a common therapeutic approach for addressing neck pain and associated injuries. Devices used for cervical traction work to alleviate pressure and discomfort by stretching the spinal vertebrae and muscles. This involves applying force or tension to pull the skull away from the neck.
Cervical Traction Collars Market- Market Dynamics
Increasing prevalence of spinal issues to propel market demand
The increasing availability of adjustable cervical traction collars in the market caters to patients suffering from various conditions such as cervical spondylosis, forward head posture, degenerative disc disease, scoliosis, and others, thereby contributing to market growth over the forecast period. For example, Meditrac Medical Equipment Ltd, a medical device manufacturer, offers a range of adjustable cervical traction collars in their product lineup, including the CERVICO2000, designed to address acute and chronic neck pain. Similarly, Trulife, another medical device company, offers various adjustable cervical traction collars in their product portfolio, such as the A267 Pneu-Trac Traction Collar. This lightweight, pneumatic traction device provides mobility and features adjustable height options. The increasing prevalence of spinal issues like cervical spondylosis, forward head posture, degenerative disc disease, scoliosis, and others is expected to further propel market growth over the forecast period. For instance, a cross-sectional study published in the International Journal of Health Sciences and Research reported that in the U.S., the prevalence of forward head posture was approximately 70% in 2021, highlighting the significance of addressing such conditions.
Cervical Traction Collars Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 7.9% over the forecast period (2024-2032)
Based on Product Type segmentation, adjustable was predicted to show maximum market share in the year 2023
Based on End Use segmentation, cervical spondylosis was the leading type in 2023
On the basis of region, North America was the leading revenue generator in 2023
The Global Cervical Traction Collars Market is segmented on the basis of Product Type, Application, End Use, and Region.
The market is divided into two categories based on Product Type: fixed and adjustable categories. Among these, the adjustable segment is anticipated to dominate the market during the forecast period, primarily due to the increasing number of product launches by key market players.
The market is divided into five categories based on Application: cervical spondylosis, forward head posture, degenerative disc disease, scoliosis, and others. Within this segmentation, the cervical spondylosis segment is expected to lead the market over the forecast period, driven by the rising prevalence of cervical spondylosis on a global scale.
Cervical Traction Collars Market- Geographical Insights
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
To maintain a prominent position in the cervical traction collar market, companies employ strategic initiatives centered on product innovation, partnerships, marketing, and customer support. Ongoing research and development endeavors drive innovation in collar design, improving comfort and efficacy. Collaborations with healthcare professionals ensure that products meet clinical standards and effectively address patient needs. Effective marketing campaigns raise awareness, while robust distribution networks guarantee accessibility. Comprehensive customer support and training programs foster loyalty and satisfaction among users. Through these strategic approaches, companies uphold their market leadership, providing high-quality cervical traction solutions and contributing to positive patient outcomes.
In November 2021, the California Institute for Regenerative Medicine granted a US$ 5.5 million grant to support the development of a new therapeutic for cervical spinal cord injuries. This funding is part of the CIRM Translational Research Program, which aims to accelerate laboratory approaches ready for clinical study or patient care, demonstrating promising advancements in the field.
GLOBAL CERVICAL TRACTION COLLARS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHT
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
Pettibon System
Others