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Why the Traction Beds Market is set to explode? Top Companies: Andover Healthcare, Inc., Anyang Xiangyu Medical Equipment Co., Ltd , Access Heath, OPC Health and more

08-06-2019 12:16 PM CET | Health & Medicine

Press release from: Fortune Business Insights

Why the Traction Beds Market is set to explode? Top Companies:

Increasing prevalence of orthopedic diseases is driving the global traction beds market says Fortune Business Insights in a report, titled “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 Geography Forecast Till 2026.” Rising geriatric population and growing technological advancements are factors predicted to encourage growth of the global traction beds market.

Browse Complete Report Details at https://www.fortunebusinessinsights.com/industry-reports/traction-beds-market-100844

Some of the major companies that are present in the Global Traction Bed Market are

• Andover Healthcare, Inc.
• Anyang Xiangyu Medical Equipment Co., Ltd.
• Access Heath
• OPC Health
• Zimmer Biomet
• Active Medical Supplies
• R-Slimming Medical Systems
• Fister Inc. and Others.

Launch of Vertecore Lift Will Enable Growth

VerteCore Technologies, LLC, a medical device development company launched its brand new VerteCore Lift for people suffering from chronic lower back pain, herniated discs and other spine conditions. The launch of VerteCore Lift is likely to fuel demand for traction machine with bed owing to the effectiveness of the device to treat different forms of low back pain including sacroiliac joint dysfunction, herniated discs, functional scoliosis, sciatica, spinal lumbar stenosis, bulging and degenerative disc disease. Further, the development of advanced traction technology is predicted to stimulate the global traction beds revenue. For instance, 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.

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Increasing Cases of Orthopedic Diseases Will Encourage Growth

The increasing cases of orthopedic diseases around the world is fostering the growth of the global traction beds market. Traction beds have their applications in conditions such as slipped discs, reduced cervical disc, degenerative disc, muscle spasms, severe osteoporosis, osteophyte encroachment, rheumatoid arthritis, herniation and others. The rising geriatric population is also a factor likely to contribute to the global traction beds shares. According to the International Osteoporosis Foundation, osteoporosis affects approximately 70 million Chinese over the age of 50 each year. Further, the growing technological advancements in traction machine with bed is also predicted to aid growth to the global traction beds market during the forecast period. For instance, the innovation of cervical traction used for the treatment of neck pains and related injuries; advantages of cervical traction such as muscle relax and pain relieve are benefiting the patients. Nonetheless, lack of awareness among people about latest innovations and technologies is predicted to hamper the traction beds growth during the forecast period.

Surge in Lifestyle-Related Bone Disorders Will Facilitate Growth in North America

Geographically the global traction bed market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is predicted to dominated the global transaction beds market due to increasing lifestyle-related bone disorders in countries such as Canada &U.S. According to the Centers for Disease Control and Prevention in 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. Asia Pacific is expected to grow at a slightly higher CAGR during the forecast period owing to the rising geriatric population in the Asia pacific countries.
According to the International Osteoporosis Foundation, 50% of all the hip problems are expected to occur in Asia by 2050. This trend will in turn boost the traction beds growth in the forthcoming year.

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Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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