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Global Spinal Decompression/ Traction Devices Market to Observe Growth at a Prominent CAGR by 2028, Estimates DelveInsight | DJO LLC, BTL, Vax-D Medical, CERT Health Sciences, Spinal Designs International, Spinetronics, Hill Laboratories

07-25-2023 06:59 AM CET | Health & Medicine

Press release from: DelveInsight Business Research LLP

Global Spinal Decompression/ Traction Devices Market

Las Vega (Nevada), United States - The global Spinal Decompression/ Traction Devices Market is expected to grow at a CAGR of 4.24% during the forecast period (2023 to 2028). The Spinal Decompression/ Traction Devices Market is expected to grow in the coming years owing to increasing incidence of spinal cord diseases and spinal cord trauma, the growing geriatric population that suffers from age-related spine-related ailments, advancing innovations in product development, and the significant awareness regarding these products, among others.

DelveInsight's "Spinal Decompression/ Traction Devices Market" research report provides the current and forecasted Spinal Decompression/ Traction Devices market size, share, and trends analysis for the next five years, upcoming innovations in the segment, and major market drivers & barriers. The report also covers the key competitors and emerging devices in the domain.

Spinal Decompression/ Traction Devices: Overview
Spinal decompression/Traction devices are medical devices designed to alleviate back pain and related symptoms by gently stretching the spine. These devices utilize the principle of traction, which involves applying a pulling force to the spine to create space between the vertebrae, relieve pressure on the discs, and promote spinal alignment. The goal of spinal decompression is to reduce pressure on compressed nerves, improve blood flow, and encourage the natural healing of spinal structures.

Spinal decompression/Traction devices are primarily used for the following conditions:
• Herniated Discs: When a disc in the spine bulges or ruptures, it can put pressure on nearby nerves, causing pain and discomfort. Spinal decompression can help create space in the affected area and reduce the pressure on the affected nerves.
• Degenerative Disc Disease: With age and wear and tear, the spinal discs can lose their water content and elasticity, leading to degenerative changes and narrowing of the disc spaces. Spinal decompression can relieve pressure on the degenerated discs and alleviate associated symptoms.
• Sciatica: Sciatica is a condition characterized by pain, tingling, or weakness that radiates along the sciatic nerve, which runs from the lower back down the legs. Spinal decompression can help relieve pressure on the sciatic nerve and improve symptoms.
• Spinal Stenosis: Spinal stenosis is a narrowing of the spinal canal that can put pressure on the spinal cord and nerves. Spinal decompression can open up the narrowed spaces and alleviate symptoms.
• Chronic Back Pain: Spinal decompression/traction devices are also used for chronic back pain that hasn't responded well to conservative treatments like medication and physical therapy.

Spinal Decompression/ Traction Devices Market - Key Takeaways
• The Spinal Decompression/Traction Devices Market is expected to grow exponentially owing to the rising prevalence of spinal conditions, growing preference for non-surgical treatments, advancements in device technology, increasing awareness and acceptance, and rise in chronic back pain cases, among others. Moreover, the growing aging population, changing lifestyles and occupational factors, changing lifestyles and occupational factors, rise in sports and physical activities, and patient preference for minimally invasive treatments, are other major factors driving the market.
• Stringent regulatory requirements for product approvals and the high cost of the devices may restrict the Spinal Decompression/Traction Devices market growth.
• In the by-type segment of the Spinal Decompression/Traction Devices Market, the Manual Spinal Traction category is expected to account for a significant revenue share in the upcoming years. This can be ascribed to their advantageous property that the pain intensity gets significantly reduced among other types of products.
• Among all the geographical regions, North America is predicted to have the largest market share for spinal decompression/traction devices. The market is predicted to expand favorably as a consequence of key growth drivers such as the aging population, expanding government initiatives regarding disease treatment awareness, and the rising occurrence of spinal cord disorders such scoliosis and spinal cord injuries. Additionally, a sophisticated healthcare system, high disposable income, the acceptance of innovative products, and rising awareness all contributed to the market expansion in this region.

Get a more Detailed Overview of the Major Trends and Key Dynamics Shaping the Market Outlook @
https://www.delveinsight.com/report-store/spinal-decompression-traction-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=rpr

Spinal Decompression/ Traction Devices Market - Key Developments and Breakthroughs
Over the years, the Spinal Decompression/ Traction Devices market has evolved significantly owing to the active participation of global companies and technological advancements in the domain. Some of the major advancements in recent years in the Spinal Decompression/ Traction Devices market are -
• In October 2021, Bioventus announced its complete acquisition of Misonix for an undisclosed amount. The acquisition will accelerate the adoption of its recently launched neXus platform for ultrasonic procedures across spinal decompression using the BoneScalpel, SonaStar for tumor ablation in the cranium, and SonicOne for tissue debridement in chronic wounds.
• In September 2018, Teeter, manufacturer of the best-known inversion tables launched the most innovative inversion table ever: the Teeter FitSpine LX9. The new FitSpine series introduces an 8-point suspension system supporting the patented FlexTech™ Bed to enhance spinal decompression and back pain relief.

As per DelveInsight, the ongoing clinical & commercial development activities and research in the domain will contribute immensely to the Spinal Decompression/ Traction Devices Market growth in the coming years.

Key Companies in the Spinal Decompression/ Traction Devices Market
The leading giants in the Spinal Decompression/ Traction Devices market include DJO LLC (Colfax Corporation), BTL, Vax-D Medical Technologies, CERT Health Sciences, LLC, Spinal Designs International, Inc., North American Medical Corporation, Spinetronics, LLC, Hill Laboratories Company, Chattanooga, v2uhealth, SEERS Medical Limited, gbo Medizintechnik AG, Bıçakcılar, CHINESPORT S.p.a, Manumed, OG Wellness Technologies Co., Ltd., CORE Medical Equipment, LLC, Satisform, SpineMED Group, Mettler Electronics Corp. and others. As per DelveInsight, due to the high growth rate and positive return, several new players are expected to enter the Spinal Decompression/ Traction Devices market in the coming years. The entry of new players and the launch of emerging products will immensely drive market growth.

Learn How New Players' Entries Will Transform the Market Dynamics in the Coming Years @
https://www.delveinsight.com/report-store/spinal-decompression-traction-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=rpr

Scope of the Spinal Decompression/ Traction Devices Market Report:
• Study Period - 2020-2028
• Geography Covered - Global (North America, Europe, Asia-Pacific, and the Rest of the World)
• Spinal Decompression/ Traction Devices Market By Type - Manual Spinal Traction, Mechanical Spinal Traction
• Spinal Decompression/ Traction Devices Market By Application - Slipped Discs, Degenerative Disc Disease, Herniated Discs, Others
• Spinal Decompression/ Traction Devices Market By End-User - Hospitals, Ambulatory Surgical Centers, and Others
• Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View

DelveInsights' Remark: The "Spinal Decompression/ Traction Devices Market" is anticipated to grow at a significant CAGR of 4.24% till 2028. North America is expected to dominate the Global Spinal Decompression/ Traction Devices Market.

Learn More About the Ongoing Clinical, Commercial, And Regulatory Developments in the Market @
https://www.delveinsight.com/sample-request/spinal-decompression-traction-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=rpr

Table of Content
1. Report Introduction
2. Executive summary
3. Regulatory and Patent Analysis
4. Spinal Decompression/ Traction Devices Market Key factors analysis
5. Spinal Decompression/ Traction Devices Porter's Five Forces Analysis
6. COVID-19 Impact Analysis on Spinal Decompression/ Traction Devices Market
7. Spinal Decompression/ Traction Devices Market Layout
8. Spinal Decompression/ Traction Devices Global Company Share Analysis
9. Spinal Decompression/ Traction Devices Product Profiles and Key Companies
10. Project Approach
11. KOL Views
12. DelveInsight Capabilities
13. Disclaimer
14. About DelveInsight

Download the Sample PDF to Get Detailed Insights About the Report's Offerings @
https://www.delveinsight.com/sample-request/spinal-decompression-traction-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=rpr

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About DelveInsight
DelveInsight is a leading Business Consultant and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing comprehensive end-to-end solutions to improve their performance.

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