Traction Therapy Market Revenue, Growth Factors, Trends, Key Companies, Forecast To 2028

The global spinal traction market size was significantly large in 2020, and is expected to continue to register a rapidly inclining revenue CAGR between 2021 and 2028.

Providing a thorough analysis of the market, Reports and Data's new report on the global Traction Therapy market enables users and investors to comprehend market trends and make informed investment decisions. Details on market revenue growth, market size, market drivers, market restrictions, market limits, growth opportunities, and leading businesses are provided in the study. The paper also emphasises current partnerships between market participants and manufacturing and production. The study was created after extensive primary and secondary research, and it has been approved by professionals and experts in the field. Charts, graphs, tables, figures, and other graphical presentations are used to effectively depict the data.

Our market experts conducted quantitative and qualitative market research for the study. The market revenue growth possibilities and trends are highlighted in the Traction Therapy industry analysis. Additionally, the report provides essential details on industry statistics as well as a wide range of dynamic factors, such as supply and demand ratios, production and manufacturing capacities, sales and distribution networks, cost and demand volatility, import/export ratios, profit margins, macro-economic and micro-economic factors, drivers, restraints, risks, challenges, and threats. Using cutting-edge analytical tools like Porter's Five Forces Analysis, SWOT analysis, and investment evaluation, our market researchers established the current financial positions of the major industry competitors in the report.

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Market Overview:

The global Traction Therapy market has significantly grown over the recent past and is expected to register rapid growth over the forecast period. The pharma and healthcare sector is rapidly evolving with innovations in technology, increasing healthcare spending and improving healthcare facilities and systems. Many hospitals, ambulatory surgical care centers and clinics across the globe are adopting advanced devices and equipment. Revenue growth of the global Traction Therapy market is significantly driven by factors such as increasing prevalence of chronic diseases, rapid advancements in healthcare and medical sector, high adoption of latest tools and techniques and growing funds by several public and private sectors. In addition, rising focus on drug development, increasing demand for precision medicine, high adoption of home care settings and point-of-care diagnostics, increasing investments in research and development activities are expected to drive global market revenue growth during the forecast period. 

Competitive Outlook of the Global Traction Therapy Market

The globla Traction Therapy market study focuses on the revenue growth trajectories of the leading companies in this market. This section of the report throws light on the highly competitive landscape of the Traction Therapy market, pointing out the major players. The report further discusses the strategic initiatives undertaken by each of these market players, including mergers acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.

Top Companies Profiled in the Report:

Saunders Group, Inc., Scrip, Inc., BTL, Stoll Medizintechnik GmbH, Hill Laboratories Company, North American Medical (NAM) Corporation, Spinetronics, LLC, Dentsply International, Medtronic, Inc., SpineRx Technology, Spinal Designs International, Inc., CERT Health Sciences, LLC, and VAX-D Medical Technologies, LLC.

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The report is inclusive of product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competitive overview.

Traction Therapy Market Segmentation:

Type Outlook (Revenue, USD Billion; 2018-2028)

  • Manual Traction Therapy
  • Mechanical Traction Therapy

Application Outlook (Revenue, USD Billion; 2018-2028)

  • Slipped Discs
  • Bone Spurs
  • Degenerative Disc Disease
  • Herniated Discs
  • Facet Disease
  • Sciatica
  • Foraminal Stenosis
  • Pinched Nerves

Devices Outlook (Revenue, USD Billion; 2018-2028)

  • Continuous Traction
  • Gravity-dependent Traction
  • Manual Traction

Geographic Segment Covered in the Report:

The Traction Therapy report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

  • North America (USA and Canada)

  • Europe (UK, Germany, France and the rest of Europe)

  • Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)

  • Latin America (Brazil, Mexico, and the rest of Latin America)

  • Middle East and Africa (GCC and rest of the Middle East and Africa)

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