The global Cervical Traction Collars Market Growing Demand Accelerated by Rise in Product Usage
The global Cervical Traction Collars Market Growing Demand Accelerated by Rise in Product Usage
Cervical traction collars are medical devices used for pain relief and stabilizing the cervical spine.

Cervical traction collars are medical devices used for pain relief and stabilizing the cervical spine. They help in reducing neck pain, pressure, and muscle tension by supporting the neck and allowing traction of the cervical spine. Cervical collars are non-surgical devices which help in treating various cervical spinal disorders such as pinched nerves, bone spurs, compressed discs, and fractures.

The global Cervical Traction Collars Market is estimated to be valued at US$ 545.2 million in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Key Trends:
The growth in the cervical traction collars market is primarily driven by the increasing usage of cervical collars for treating cervical spondylosis and whiplash injuries cases. Cervical spondylosis refers to wear and tear changes in the spinal disk in the neck that can cause neck pain and pinched nerves. Whiplash injury is another common cause of neck pain caused due to sudden jerking motion or hyperextension/hyperflexion of the neck muscles. According to estimates, cervical spondylosis and whiplash injuries affect over 15% of the total global population. This has resulted in increased demand for cervical collars for relieving pain and facilitating healing process. Rising geriatric population who are more prone to cervical spine disorders due to age-related degeneration has further pushed the consumption of cervical traction collars. Players operating in the market are focused on developing cervical collars with better designs for improved patient comfort.

Segment Analysis
The global cervical traction collars market can be segmented based on product type, and application. The product type segment can be further divided into soft cervical collars, rigid cervical collars, and cervical pillows/brackets. Soft cervical collars dominate the market as they are more comfortable to wear for extended periods and provide adequate neck support and pain relief. The application segment can be categorized into hospital pharmacies, retail pharmacies, and online stores. Hospital pharmacies hold the largest share as patients are prescribed and purchase orthopaedic neck supports from hospital stores for post-operative and accidental injury care.

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$ 545.2 million in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023-2030.

Regional analysis: The market in North America currently holds the highest share owing to increasing cervical spondylosis and whiplash cases in the US and Canada. Asia Pacific is projected to witness the fastest growth driven by growing health awareness and orthopedic device demand in densely populated countries like China and India.

Key players: Key players operating in the cervical traction collars market are DJO Global, Ossur, Aspen Medical, Ottobock, DeRoyal, Trulife, and Lumex. DJO Global dominates the market with its range of rigid and soft cervical traction collars used for neck injuries and post-surgery recovery support. Ossur also has a wide product portfolio catering to various neck pain levels and cervical spondylosis stages.

 

 

Get more insights on this topic:
https://www.dailyprbulletin.com/cervical-traction-collars-market-insights/

disclaimer

What's your reaction?

Comments

https://www.timessquarereporter.com/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!

Facebook Conversations