PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1134993

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1134993

Global Posture Correction Market Size study & Forecast, by Product, by Distribution Channel, by End-User and Regional Analysis, 2022-2029

PUBLISHED: October 8, 2022

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Global Posture Correction Market is valued at approximately USD 1.02 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.9% over the forecast period 2022-2029. Posture correction is a type of device that is intended to limit spine movement in case of progressive condition fracture. The device further reinstructs the back musculature to aid users develop and sustain a healthier and erect position. This device is primarily designed to keep posture of the body in perfect alignment, upholding the spine's natural curvature, keeping the neck straight and shoulders analogous with the hips: keep the shoulders back and relaxed. Increasing incidences of spine and back problems, rising geriatric population, coupled with the growing spending on healthcare activities are the primary factors that are bolstering the market demand across the globe.

According to the World Health Organization (WHO), in 2010, there were approximately 524 million aged people recorded, which is projected to rise and likely to account for 2 billion by the year 2050. Thereby, the increasing geriatric population acts as a cat6alyzing factor that is surging demand for Posture Correction, which, in turn, augments the market growth during the anticipated years. In addition, increasing investment in technological developments, as well as growing awareness of the benefits of the perfect posture among kids are creating various lucrative prospects for the market over the forthcoming years. However, lack of awareness about posture corrector products and high costs related to R&D activities are hindering market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Posture Correction Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the rising awareness of posture correction, risk of muscular injuries, and increasing investment in healthcare facilities. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising inclination towards healthcare, increasing geriatric population, as well as growing incidences of target diseases.

Major market players included in this report are:

BackJoy

Swedish Posture

Acorn International

Upright

Aspen Medical Products, LLC

Evoke Pro

Comfy Brace

ITA-Med Co.

Super Ortho

Ottobock

Recent Developments in the Market:

In May 2022, Hempvana declared the introduction of its new Straight 8 that is a specially designed simple and comfortable approach to address bad posture. The product is innovated for the shoulders, lower and middle back, and neck, which aids in perfect alignment and promotes muscle memory to maintain good posture.
In November 2021, Ottobock announced the acquisition of suitX- a US-based company with the objective to revolutionize the exoskeleton industry and improves the adoption of exoskeletons, prosthetics, and orthotics globally.

Global Posture Correction Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Product, Distribution Channel, End-User, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Sitting Support Devices

Kinesiology Tape

Posture Braces

Others

By Distribution Channel:

Pharmacies & Retail Stores

E-Commerce

By End User:

Kids

Adults

Geriatric

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Posture Correction Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Posture Correction Market, by Product, 2019-2029 (USD Billion)
- 1.2.3. Posture Correction Market, by Distribution Channel, 2019-2029 (USD Billion)
- 1.2.4. Posture Correction Market, by End-User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Posture Correction Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Posture Correction Market Dynamics

3.1. Posture Correction Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing incidences of spine and back problems
  - 3.1.1.2. Rising geriatric population
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of awareness about posture corrector product
  - 3.1.2.2. High cost is related with R&D activities
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing investment in technological developments
  - 3.1.3.2. Growing awareness of the benefits of the perfect posture among kids

Chapter 4. Global Posture Correction Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Posture Correction Market, by Product

6.1. Market Snapshot
6.2. Global Posture Correction Market by Product, Performance - Potential Analysis
6.3. Global Posture Correction Market Estimates & Forecasts by Product, 2019-2029 (USD Billion)
6.4. Posture Correction Market, Sub Segment Analysis
- 6.4.1. Sitting Support Devices
- 6.4.2. Kinesiology Tape
- 6.4.3. Posture Braces
- 6.4.4. Others

Chapter 7. Global Posture Correction Market, by Distribution Channel

7.1. Market Snapshot
7.2. Global Posture Correction Market by Distribution Channel, Performance - Potential Analysis
7.3. Global Posture Correction Market Estimates & Forecasts by Distribution Channel, 2019-2029 (USD Billion)
7.4. Posture Correction Market, Sub Segment Analysis
- 7.4.1. Pharmacies & Retail Stores
- 7.4.2. E-Commerce

Chapter 8. Global Posture Correction Market, by End-User

8.1. Market Snapshot
8.2. Global Posture Correction Market by End-User, Performance - Potential Analysis
8.3. Global Posture Correction Market Estimates & Forecasts by End-User, 2019-2029 (USD Billion)
8.4. Posture Correction Market, Sub Segment Analysis
- 8.4.1. Kids
- 8.4.2. Adults
- 8.4.3. Geriatric

Chapter 9. Global Posture Correction Market, Regional Analysis

9.1. Posture Correction Market, Regional Market Snapshot
9.2. North America Posture Correction Market
- 9.2.1. U.S. Posture Correction Market
  - 9.2.1.1. Product breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Distribution Channel breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. End-User breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Posture Correction Market
9.3. Europe Posture Correction Market Snapshot
- 9.3.1. U.K. Posture Correction Market
- 9.3.2. Germany Posture Correction Market
- 9.3.3. France Posture Correction Market
- 9.3.4. Spain Posture Correction Market
- 9.3.5. Italy Posture Correction Market
- 9.3.6. Rest of Europe Posture Correction Market
9.4. Asia-Pacific Posture Correction Market Snapshot
- 9.4.1. China Posture Correction Market
- 9.4.2. India Posture Correction Market
- 9.4.3. Japan Posture Correction Market
- 9.4.4. Australia Posture Correction Market
- 9.4.5. South Korea Posture Correction Market
- 9.4.6. Rest of Asia Pacific Posture Correction Market
9.5. Latin America Posture Correction Market Snapshot
- 9.5.1. Brazil Posture Correction Market
- 9.5.2. Mexico Posture Correction Market
9.6. Rest of The World Posture Correction Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. BackJoy
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Swedish Posture
- 10.2.3. Acorn International
- 10.2.4. Upright
- 10.2.5. Aspen Medical Products, LLC
- 10.2.6. Evoke Pro
- 10.2.7. Comfy Brace
- 10.2.8. ITA-Med Co.
- 10.2.9. Super Ortho
- 10.2.10. Ottobock

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Posture Correction Market, report scope
TABLE 2. Global Posture Correction Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Posture Correction Market estimates & forecasts by Product 2019-2029 (USD Billion)
TABLE 4. Global Posture Correction Market estimates & forecasts by Distribution Channel 2019-2029 (USD Billion)
TABLE 5. Global Posture Correction Market estimates & forecasts by End-User 2019-2029 (USD Billion)
TABLE 6. Global Posture Correction Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Posture Correction Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Posture Correction Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Posture Correction Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Posture Correction Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Posture Correction Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Posture Correction Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Posture Correction Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Posture Correction Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Posture Correction Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Posture Correction Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Posture Correction Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Posture Correction Market
TABLE 71. List of primary sources, used in the study of global Posture Correction Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Posture Correction Market, research methodology
FIG 2. Global Posture Correction Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Posture Correction Market, key trends 2021
FIG 5. Global Posture Correction Market, growth prospects 2022-2029
FIG 6. Global Posture Correction Market, porters 5 force model
FIG 7. Global Posture Correction Market, pest analysis
FIG 8. Global Posture Correction Market, value chain analysis
FIG 9. Global Posture Correction Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Posture Correction Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Posture Correction Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Posture Correction Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Posture Correction Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Posture Correction Market, regional snapshot 2019 & 2029
FIG 15. North America Posture Correction Market 2019 & 2029 (USD Billion)
FIG 16. Europe Posture Correction Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Posture Correction Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Posture Correction Market 2019 & 2029 (USD Billion)
FIG 19. Global Posture Correction Market, company Market share analysis (2021)

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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