April 18, 2024

The Global Cervical Traction Collars Market Growth Accelerated By Increased Adoption For Treating Musculoskeletal Disorders

Cervical traction collars are medical devices used for treating musculoskeletal disorders of the neck and shoulders by applying gentle stretching forces. They provide relief from pain caused by conditions like arthritis, herniated discs, muscle strains, and whiplash. Made using lightweight and adjustable designs, cervical traction collars help patients maintain an upright posture and proper spinal alignment during rehabilitation.

The global Cervical Traction Collars Market is estimated to be valued at US$ 2.53 Bn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

According to the Arthritis Foundation, around 32.1 million Americans suffer from osteoarthritis and around 30 million Americans have been diagnosed with arthritis or chronic joint symptoms. Neck and back pain is also highly common, affecting millions every year. Cervical traction collars provide an affordable and convenient treatment option for patients suffering from pain or inflammation in the cervical region caused by conditions like herniated discs, muscle strains from sports injuries or accidents. As lifestyle diseases and musculoskeletal disorders continue to rise globally, the adoption of cervical traction collars as a treatment is also expected to increase significantly over the forecast period. Technological advancements bringing more comfortable, low-profile designs to market will further promote the usage of these devices.

Segment Analysis
The global cervical traction collars market can be segmented by type, patient type, application and distribution channel. By type, the inflatable cervical traction collars segment is expected to dominate the market during the forecast period. This segment currently accounts for more than 50% of the total market share owing to its features like adjusts easily for wide range of neck sizes and provides less pressure as compared to rigid collars.

Key Takeaways
The Global Cervical Traction Collars Market Demand is expected to witness high growth at a CAGR of 6.9% during the forecast period of 2023 to 2030.

Regional analysis
North America is projected to be the fastest growing regional market over the forecast period. This is mainly attributed to presence of major market players, increasing healthcare spending, rising prevalence of cervical disorders and growing awareness regarding neck pain management. Asia Pacific is expected to exhibit lucrative growth with countries like China and India dominating the regional market. This is owing to large patient pool, improving healthcare infrastructure and rising focus on management of cervical disorders.

Key players
Key players operating in the cervical traction collars market are Shaanxi Undersun Biomedtech Co., Ltd., BioOrigin, Nature’s Sunshine Products, Inc., Organic Herb Inc., Damin Foodstuff (Zhangzhou) Co., Ltd., Nutra Green Biotechnology Co., Ltd., Xian Yuensun Biological Technology Co., Ltd., Guangxi Yiyuan Biotechnology Co., Ltd., Changsha Heking Bio-Tech Co., Ltd., Hangzhou Botanical Technology Co., Ltd., Novoherb Technologies, Jiangsu Changhai Food Additive Co., Ltd., Xian Sost Biological Science & Technology Co., Ltd., Xi’an Plant Bio-Engineering Co., Ltd. These key players are focused on new product launches, strategic collaborations and expansions to cater to the increasing demand for better cervical traction collars and gain a competitive edge in the market.

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