Cervical Traction Collars Market Growth The Cervical Traction Collars Market is expected to grow from USD 2.60 Billion in 2022 to USD 4.60 Billion by 2030, at a CAGR of 7.30% during the forecast period.
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Cervical Traction Collars Market Size Cervical Traction Collars are devices used for the treatment of neck pain, herniated discs, and other cervical spine issues. The market research report includes segmentation based on type (Fixed, Adjustable), application (Hospital, Clinic, Rehabilitation Center, Nursing House, Housecare, Other), and region (North America, Asia Pacific, Middle East, Africa, Australia, and Europe). Market players include Meditrac, Trulife, Compass Health, Advanced Orthopaedics, Disc Disease Solutions, Jiangsu Folee. Regulatory and legal factors specific to market conditions include government regulations on medical devices, product approval processes, and patent laws. However, the market growth is further fueled by technological advancements, an increase in healthcare spending, and rising geriatric population.
Collars Meditrac
Trulife Compass
Health Advanced
Orthopaedics Disc
Disease Solutions
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Cervical Traction Collars Market Segment Analysis The target market for cervical traction collars primarily includes individuals suffering from neck pain, cervical radiculopathy, spondylosis, and herniated discs, among other cervical spine-related ailments. Moreover, the market includes healthcare facilities, such as hospitals, rehabilitation centers, and physical therapy clinics, for the treatment of cervical spine injuries. The increasing incidence of cervical spine injuries globally is a major factor driving revenue growth in the cervical traction collars market.
Cervical traction collars are gaining widespread popularity among healthcare professionals due to their effectiveness in treating cervical spine-related disorders. Furthermore, technological advancements have led to the development of advanced cervical traction collars, which provide better support, comfort, and improved mobility to patients. These factors have also contributed to the increasing adoption of cervical traction collars, thereby driving revenue growth.
The latest trends in the cervical traction collars market include the increasing demand for non-invasive treatment options and the growing popularity of home-care treatment options. Furthermore, the rising trend of online sales platforms is also expected to fuel market growth in the coming years.
Despite the significant growth prospects, the cervical traction collars market is facing major challenges, including the high cost of cervical traction collars and the lack of awareness among individuals regarding cervical spine-related disorders. Moreover, the presence of alternative treatment options for cervical spine-related disorders, such as surgery, is also hindering market growth.