Market Overview:
Cervical traction collars are neck braces used to provide gentle traction to the neck and relieve neck pain. They help stabilize the neck and alleviate pressure on the cervical spine. Cervical traction collars offer comfort and support to the neck while allowing for range of motion. They are commonly used to treat conditions such as herniated discs, degenerative disc disease, spinal injuries, and whiplash.

Market Dynamics:
Rising incidence of sports injuries and workplace accidents leading to neck injuries is expected to drive the global cervical traction collars market growth over the forecast period. Sports such as rugby, football and extreme sports involve high risk of neck injuries due to collisions and falls. Prolonged sitting and improper posture at workstations also add to the neck problems. Moreover, growing geriatric population who are more prone to bone and muscle degeneration in the neck region also contributes to market growth. Additionally, technological advancements in designing more comfortable and adjustable cervical collars catering to individual needs augurs well for the market. However, alternative treatment options such as physiotherapy and painkillers may limit the market growth.

SWOT Analysis

Strength: Cervical traction collars offer pain relief for patients suffering from neck and cervical pain. They help relieve pressure on the cervical discs and spine by gently extending the neck. Traction collars allow patients mobility while relieving pain. They are convenient to use at home and portable.

Weakness: Traction collars require patients to wear them for long periods to be effective which can cause discomfort. Some patients may find them restrictive and inconvenient. There is a lack of strong clinical evidence that proves their long term effectiveness for all conditions.

Opportunity: The growing geriatric population is increasing the cases of arthritis and cervical disorders worldwide. This provides an opportunity to increase the adoption of traction collars for pain management in the elderly. Developing innovativeCollar designs that are more comfortable to use for long hours can boost market demand.

Threats: Alternative non-invasive treatments like physiotherapy and chiropractic treatments are rising in popularity. This poses a threat to the traction collars market. Economic slowdowns can negatively impact discretionary healthcare spending on pain relief devices.

The global Cervical Traction Collars Market Demand is estimated to be valued at US$ 2.53 Bn or Mn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Key Takeaways 

The global Cervical Traction Collars market is expected to witness high growth, exhibiting CAGR of 8.4% over the forecast period, due to increasing prevalence of cervical spondylosis and disc disorders. Rise in sedentary lifestyle and obesity is contributing to musculoskeletal problems in the neck and back.

Regional analysis:

North America dominated the cervical traction collars market in 2023 due to robust healthcare infrastructure and increasing adoption of non-surgical treatments for pain relief. Asia Pacific exhibits highest growth potential for collars driven by growing medical tourism, healthcare reforms and unmet needs in populous nations like India and China.

Key players:

Key players operating in the cervical traction collars market are Meditrac, Trulife, Everyway Medical Instruments Co. LTD, Enovis (DJO, LLC), Orthoservice AG, Aurora Health & Beauty Inc., Compass Health, Advanced Orthopaedics, Disc Disease Solutions, Inc., Jiangsu Folee, Baker Medical., Tynorindia, SCOLIOLIFE, and Pettibon System. These established manufacturers are investing in new product development and regional expansion to strengthen market share.

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