Traction Units Market Growth The Traction Units Market is expected to grow from USD 920.00 Million in 2022 to USD 1780.03 Million by 2030, at a CAGR of 8.60% during the forecast period.
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Traction Units Market Size Traction Units are devices designed to mechanically apply traction force to the spine or other parts of the body to address musculoskeletal problems. The Traction Units market research report segments the market based on type (Cervical Traction Unit, Lumbar Traction Unit), application (Hospital, Clinic, Rehabilitation Centers, Nursing Homes, Other), and region (North America, Asia Pacific, Middle East, Africa, Australia, and Europe). The major market players include Chattanooga Group, Fisiotech, V2U Healthcare, BTL, PHYSIOMED ELEKTROMEDIZIN AG, ITO, Chinesport, OG Wellness Technologies, MINATO MEDICAL SCIENCE, Mettler Electronics Corp., Bird & Cronin, Huntex Corporation, DeRoyal Industries, and Orthoservice. The report also highlights regulatory and legal factors specific to the market conditions.
Traction Units Market Key Players Mazor Key Player is listed in the Traction Units
Chattanooga Group
Fisiotech V2U Healthcare
BTL PHYSIOMED ELEKTROMEDIZIN AG
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Traction Units Market Segment Analysis The Traction Units market targets patients suffering from musculoskeletal disorders and spine-related injuries. This market comprises healthcare professionals, hospitals, physiotherapy clinics, and home care settings. The major factors driving revenue growth of the Traction Units market are an increase in the number of spine-related injuries, the rising prevalence of musculoskeletal disorders, and the growing geriatric population. Furthermore, advancements in technology and the advent of digital traction units have led to significant growth in this market.
The latest trends in the Traction Units market are the adoption of portable Traction Units that can be used in-home care settings and the development of digital traction units that provide visual feedback during treatment. Moreover, increasing demand for non-invasive treatment options and a rise in patient preference for home-based healthcare services are driving growth in the Traction Units market.
The major challenges faced by the Traction Units market are the high cost of traction units, low awareness of the benefits of traction therapy, and safety concerns associated with traction therapy. Additionally, inadequate insurance coverage for traction therapy and a shortage of skilled healthcare professionals can impede the growth of the market.
The report's main findings indicate that the Traction Units market is projected to grow rapidly in the coming years due to an increasing prevalence of musculoskeletal disorders and spine-related injuries. The market's growth is also driven by technological advancements and the introduction of digital traction units. The report recommends focusing on developing affordable, portable, and effective traction units that can be used in-home care settings. Additionally, increasing awareness about the benefits of traction therapy and addressing safety concerns associated with the therapy can help to overcome challenges in the market. Lastly, expanding insurance coverage for traction therapy and investing in training healthcare professionals can accelerate the growth of the Traction Units market.
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