May 21, 2024
Cervical Traction Collars Market

Global Cervical Traction Collars Market is Expected to be Flourished by Rising Demand for Minimally Invasive Procedures

Cervical traction collars are medical devices used for positioning and immobilizing the head and neck. They are commonly used to provide gentle tension and reduce stress on the neck muscles, ligaments, and joints. Cervical traction collars are recommended for conditions such as cervical spondylosis, herniated discs, and spine injuries. These collars are available in various designs including adjustable, molded plastic, and inflatable types. Adjustable collars are the most affordable option that can be easily customized for patients. Molded plastic collars perfectly contour to the neck shape but lack flexibility. Inflatable collars provide uniform compression and stability through air bladders.

The global cervical traction collars market is estimated to be valued at US$ 283 million in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics
One of the key drivers expected to boost the global cervical traction collars market growth over the forecast period is the rising demand for minimally invasive procedures. Minimally invasive approaches involving techniques such as traction therapy are gaining popularity as they offer advantages such as less pain, minimal incisions, lower risk of complications, shorter hospital stay, and quicker recovery time compared to open surgeries. Cervical traction collars help in providing mechanical traction to the neck while immobilizing the cervical spine during physiotherapy sessions or at home. This avoids more aggressive treatments such as surgery and promotes faster healing without hampering daily activities. The increasing adoption of home healthcare models is also fueling the adoption of cervical traction collars as patients can self-administer traction therapy at home.

The growing geriatric population prone to degenerative cervical conditions will further augment the demand for cervical collars. According to the United Nations, the population aged 60 years and above is projected to double by 2050 and reach nearly 2.1 billion globally. With ageing, the likelihood of cervical spondylosis and spinal injuries increases considerably which requires long term usage of collars and rehabilitation aids. The ability of cervical collars to deliver therapy with minimal efforts makes them an ideal solution for the expanding base of elderly.

Segment Analysis
The global cervical traction collars market is dominated by the soft collars segment which holds around two-thirds of the overall market share. Soft collars are preferred over rigid or semi-rigid collars as they are more comfortable for patients and allow flexibility of movement. Being soft and adjustable, they provide adequate support and traction without causing discomfort. This makes soft collars suitable for long term use during therapy and recovery from neck injuries or cervical spondylosis.

PEST Analysis
Political: Government policies like reimbursement for traction therapy and awareness programs about neck care & ergonomics impact the market.
Economic: Rising healthcare spending and growing insurance coverage positively influence market growth. Availability of low-cost generic products also aids market expansion.
Social: Increasing prevalence of sedentary & stressful lifestyles resulting in greater cases of cervical spondylosis and neck pain drives demand. Aging population adds to the patient base.
Technological: Developments in materials like gel or memory foam provide better comfort and conformity. New designs focused on user-friendliness are gaining traction.

Key Takeaways
The Global Cervical Traction Collars Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The global cervical traction collars market is estimated to be valued at US$ 283 million in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023 to 2030.

Regionally, North America holds the largest share due to advanced healthcare facilities and rising cervical spondylosis incidence from prolonged sitting jobs. However, Asia Pacific is poised to emerge as the fastest growing region backed by growing medical tourism and improving access to healthcare.

Key players operating in the cervical traction collars market are Duro-Med, Current Solutions, VOELKER, ALEGEQ, and Trulife. Key players focus on product innovation to deliver more advanced collars with enhanced comfort, weight distribution and user compliance. For example, DJO introduced the Ultraform collar with memory foam lining that contours to the patient’s neck.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it