Press release
Spinal Traction Market 2018 Global Major Key Players: Saunders Group, Inc., Scrip, Inc., BTL, Stoll Medizintechnik GmbH, Hill Laboratories Company, North American Medical (NAM) Corporation
Market Synopsis of the Global LabSpinal traction devices are used to decompress and stabilize the spine to treat various spine disorders or orthopaedic conditions such as muscle contracture, bone fractures, bone deformities such as oliosis, kyphosis and lordosis, etc. The spinal traction devices are also used in the treatment of muscle spasms and low back pain. Spinal decompression uses negative intradiscal pressure to promote retraction or repositioning of the herniated or bulging spinal disc. The spinal traction devices are also used to prepare the patient for surgical procedures such as endoscopic spine surgery, vertebral compression fracture repair, interspinous fixation, and interbody fixation.
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The global spinal traction devices market is driven by growing geriatric population, rising cases of spinal cord diseases and trauma, rising number of spinal surgery, increasing awareness and screening, and developing healthcare. However, lack of experimental clinical data in the support of traction devices in medical treatment, high cost of devices, demand for minimally invasive procedures, risks associated with surgery such as pain, risk of infection and damage to the spine may hamper the market growth over the review period.
Innovation remains the best strategy for the global spinal traction devices with many companies focusing more on developing new devices offering better diagnostics and treatment to various spine conditions. Wireless sensor technology is the latest research area with advanced products have been connected to external devices for further analysis of the problem and the healing progress.
The global spinal traction market is expected to reach USD 6.0 billion by 2023 at a CAGR of ~ 7.7 % during the forecast period 2017-2023.
Intended Audience
Global spinal traction manufacturers & suppliers
Research and development (R&D) companies
Hospitals and clinics
Academic institutes and universities
Segments
The global spinal traction market has been segmented on the basis of types, diagnosis, treatment, and end user.
Based on the types, the market has been segmented as manual spinal traction, and mechanical spinal traction.
Based on the applications, the market has been segmented as slipped discs, bone spurs, degenerative disc disease, herniated discs, facet disease, sciatica, foramina stenosis, and pinched nerves.
Based on the devices, the market has been segmented as continuous traction, gravity-dependent traction, and manual traction.
Table Of Content
1. Report Prologue
2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
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Key Players in the Global Spinal traction Market
Some of the key players profiled in the report are 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., and others.
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