Traction Beds Market Size, Share and Global Trend By Product (Spinal Traction, Skeletal Traction, Cervical Traction, Skin Traction), By Technology (2-Fold Traction Bed, 3-Fold Traction Bed, 4-Fold Traction Bed, Others), By End User (Hospitals, Clinics, Ambulatory Surgery Centres, Homecare Settings, Others)and Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
Traction, in medical terminology, refers to the practice of slowly and gently pulling a fractured or dislocated body part of arms, legs, neck and the backbone by using ropes, pulleys, and weights. Traction beds of variable sizes are used for the same purpose. Traction beds are used in medical conditions such as muscle spasms, slipped discs, degenerative disc disease, reduced cervical curve, osteophyte encroachment, severe osteoporosis, disc bulge or herniation, rheumatoid arthritis, and many others. According to the International Osteoporosis Foundation, osteoporosis affects approximately 70 million Chinese over the age of 50 each year.
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The growth in global traction beds market is being driven by the increase in the prevalence of orthopedic diseases, increase in geriatric population and technological advancements in the global traction beds market during the forecast period.
However, lack of awareness among people for emerging & novel technologies in the traction beds is projected to restrain the expansion of traction beds market during 2019-2026.
Key Players Covered
Some of the major companies that are present in the global traction bed market are Armedica Manufacturing Corporation, Anyang Xiangyu Medical Equipment Co., Ltd. Access Heath, OPC Health, Zimmer Biomet, Active Medical Supplies, R-Slimming Medical Systems, Fister Inc. and Others.
SEGMENTATION
SEGMENTATION | DETAILS |
By Product | · Spinal Traction · Skeletal Traction · Cervical Traction · Skin Traction |
By Technology | · 2-Fold Traction Bed · 3-Fold Traction Bed · 4-Fold Traction Bed · Others |
By End-User | · Hospitals · Clinics · Ambulatory Surgery Centres · Homecare Settings · Others |
By Geography | · North America (the USA and Canada) · Europe (UK, Germany, France, Italy, Spain, Scandinavia, and Rest of Europe) · Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific) · Latin America (Brazil, Mexico, and Rest of Latin America) · Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa) |
Among the segmentation, spinal traction followed by skeletal traction is anticipated to hold a higher proportion of the market in product type during the forecast period, owing to increase in the prevalence of spinal and orthopedic disorders among the elderly population.
Key Insights
- Overview of the prevalence of orthopedic diseases in key countries
- Overview of technological advancements in traction beds
- Pricing analysis
- Key mergers and acquisitions
Regional Analysis
Geographically the global traction bed market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to have a major portion of the market by 2026, owing to the increase in lifestyle-related bone disorders in the U.S. & Canada. According to the Centres for Disease Control and Prevention in the year 2017, 54.4 million U.S. adults suffered from arthritis which equates almost 25% of the U.S. population, and by 2040, an estimated 78 million of U.S. population aged 18 years and above are projected to be diagnosed with arthritis. The global traction beds market is anticipated to expand in the Asia Pacific owing to the high ratio of the geriatric population. According to the International Osteoporosis Foundation, 50% of all the hip problems are expected to occur in Asia by 2050.
Key Industry Developments
- In November 2018, Dr. Jeff Fisher invented and patented FISHER TRACTION, which is powered by negative G-force technology. It enables people with neck and/or lower back pain to benefit from Spinal Decompression virtually anywhere at any time.
- In April 2016, VerteCore Technologies developed VERTECORE LIFT a U.S.FDA cleared device that provides affordable, comfortable, convenient, and mobile spinal decompression for people suffering from chronic lower back pain.
- Ongoing
- 2023
- 2019-2022
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