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Spinal Traction Market to Perceive Momentous Accruals With 4.3% CAGR By 2023

Spinal Traction Market to Perceive Momentous Accruals With 4.3% CAGR By 2023

Market Research Future
The study report worldwide Spinal Traction Market covers the market analysis for the regions – North America, Europe, Asia Pacific/ Southeast Asia and Row and country analysis of China, Japan, and India focusing on top manufacturers in world market and the market share they hold including their contribution to the market growth

The Global Spinal Traction Market is growing with the rapid pace; mainly due to the rising incidents of Mobile Malware, SMS Spam, Cyber Applications, illegal taping of voice call, phishing and SMS phishing, or smishing etc. According to a recent study report published by the Market Research Future, The global market of Spinal Traction is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR of 4.3% during the anticipated period (2016 – 2022).

Market Research Future published new report, titled “Spinal Traction Market -Research Report: Global Forecast till 2022”.

Major Key Players: DJO Global, STOLL Medizintechnik GmbH, RS Medical, Hill Laboratories Company, Mettler Electronics Corp, and Antalgic-Trak, Medtronic are some of the prominent players profiled in MRFR Analysis and are competing in the Global Spinal Traction Market.

Spinal Traction Market – Overview

Spinal traction market research report is a procedure of decompression therapy that releases pressure on the spine. It can be executed manually or mechanically. Spinal Traction treatment is anticipated to progress immensely in the near future. Growing technology in the healthcare industry plays a major role in the growth of this market as new techniques have been evolved for the treatment of spinal diseases which are more effective and efficient, which makes these treatments more popular and the demand for these treatments will grow eventually. The Spinal Traction market is accruing and expected to gain further prominence over the forecast period.

Rising per-capita healthcare expenditure, increasing prevalence spinal diseases and growing geriatric population are key factors which are driving the growth of the global spinal traction market. Increasing prevalence of disorders such as slipped discs, bone spurs etc. is adding to the growth of the market. Further factors such as the risks involved in the treatment and high costs related to the treatment are hindering the growth of the market.

There are two types of methods Spinal Traction can be applied by; Manual Traction which is performed by the physiotherapist using patient’s hands to apply the traction force to the spinal joints. Whereas, Mechanical Traction is applied or performed by a machine or decompression machine. Mechanical Traction is often used when a specific force and a longer duration of traction is needed.

Spinal traction market research report offers quadrupled effects such as – Decreasing compression forces and help distract vertebral bodies. This way helping to mobilize the facet joints in the spine. This can also increase the (intervertebral) space where the spinal nerves exit out of the spine and help decrease irritation of these nerves, Enhance nourishment of the disc and nerve, Decrease muscle spasm, Decrease the sensitivity and pain in the joints of the spine etc. Spinal Traction also helps in Nerve pain and weakness down the arm and legs from disc and nerve injuries; radiculopathies, Advanced degenerative changes in the spine, stenosis and Biomechanical joint stiffness in the spine.

As the healthcare sector evolves, physicians strive for additional treatments that are cost effective and provide the best possible outcome for all patients. Physicians try their best to provide patient satisfaction and patients are in need of additional solutions that will keep them moving and slow the decline of Spinal Disorders.

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Spinal Traction Market – Competitive Analysis

Characterized by the presence of several well-established and small players, the global Market of Spinal traction market research report appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market and to maintain their market position. These key players compete based upon pricing and reputation.  The Market demonstrates high growth potential which is likely to attract several new entrant in the market. Further resulting in intensified competition. Top players are investing heavily in R&D and clinical trials to develop effective therapies to treat Spinal Disorders. Top players are holding the largest market share while other small and medium size companies are also growing. They are researching and developing innovative therapeutic approaches that help make a difference to people’s lives. These companies strive to discover innovative treatments that can improve the quality of life for patients. These companies also focus on therapeutic areas with a high unmet medical need, areas that require further innovation despite the progress that has been made.

Spinal Traction Market – Segments

The Spinal traction market research report is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation By Types: Comprises Manual Spinal Traction, Mechanical Spinal Traction and other.

Segmentation By Devices: Comprises Continuous Traction, Gravity-Dependent Traction, Manual Traction, and other.

Segmentation By Application: Comprises Slipped Discs, Bone Spurs, Degenerative Disc Disease, Herniated Discs, Facet Disease, Sciatica, Foramina Stenosis, Pinched Nerves, and other.

Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World. Anticonvulsant medication holds the largest share of the Spinal Traction market.

Spinal Traction Market – Regional Analysis

Globally North America is the largest market for spinal traction and holds a substantial market share. Europe is the second-largest market holding a considerable market share.  On the other hand, Asia Pacific is expected to grow at a rapid rate and is estimated to be the major revenue pocket for the global Spinal Traction market

…CONTINUED

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