Press release
Scoliosis Traction Chair Market is Projected to Reach US$ 184 Million by 2034, Growing at a 9.5% CAGR | Fact.MR Report
Global revenue from the scoliosis traction chairs market is projected to be US$ 74.24 million in 2024 and is estimated to grow at a CAGR of 9.5% to reach US$ 184 million by 2034.The (scoliosis traction chair) STC is a relatively new development in this field, specifically created to meet the rehabilitative needs of scoliosis patients. Scoliosis curvature is to be corrected or halted from worsening by the controlled traction it provides to the spine.
A one-of-a-kind therapy, the components of the chair are typically adjustable to suit the individual needs of each patient, such as traction force and angle.
Some of the major stakeholders in the scoliosis traction chair market include medical devices manufacturers, healthcare providers, rehabilitation centers, and academic institutions. In terms of ensuring traction chairs are medical-appropriate, convenient, safe, and comfortable, manufacturers are critical.
Medical professionals and rehabilitation centers use these chairs as part of complete treatment regimens for scoliosis. They offer a non-surgical healing alternative for patients that is in addition to other treatments, like braces or physical therapy.
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Key Takeaways from Market Study:
The Scoliosis Traction Chair Market is expected to reach a valuation of US$ 74.24 million in 2024, with significant growth anticipated over the next decade.
By 2034, the market is forecasted to expand to US$ 184 million, driven by increasing demand for advanced medical devices and improved healthcare infrastructure.
The global market is projected to grow at a CAGR of 9.5% from 2024 to 2034, reflecting the rising prevalence of scoliosis and the adoption of non-invasive treatment solutions.
The Latin American market is expected to grow at a CAGR of 6.9% during the forecast period, showcasing steady demand for scoliosis traction chairs across the region.
By 2034, East Asia is expected to hold a 10.2% market share, indicating a strong presence in the region due to advancements in medical technology and increased healthcare spending.
The hypermarket segment is anticipated to reach a value of US$ 51.75 million by 2034, highlighting the role of large retail chains in distributing scoliosis traction chairs to consumers.
Japan's market value for scoliosis traction chairs is projected to reach US$ 5.66 million by 2034, demonstrating moderate but consistent growth in the country's healthcare sector.
Leading Players Driving Innovation in the Scoliosis Traction Chair Market:
CLEAR Institute; Wuxi Diajshan Industrial; Pioneer Medical Equipment; Shengchang Medical Equipment; Xiongqing Medical; Xinnuo Medical
Market Development:
The market around the world is likely to depict robust growth throughout the forecast period with the rise in the prevalence of scoliosis. It is estimated by the National Scoliosis Foundation that the occurrence of scoliosis is nearly 2-3% worldwide. Scoliosis, though, is generally noticed in the population aged between 10 and 15 years. The largest player in manufacturing scoliosis traction chairs has aimed at extending its regional network by partnering with the local dealer.
The producers are also focusing on the manufacturing of highly altered scoliosis traction chairs that support all sorts of scoliosis patients. In terms of indication, structural scoliosis will receive the most traction since it is more common than non-structural scoliosis. Hospital pharmacies among all the end-users will control the market through the revenue share while the e-Commerce segment will increase at a higher growth rate during the forecasting period.
Geographically, the world market is divided into seven major regions namely North America, Latin America, Europe, Asia-Pacific excluding China, China, Middle East and Africa. The scoliosis traction chair market analysis believed that North America will lead the world market because of the high incidence of scoliosis. North America will be followed by Europe and APEC in terms of revenue.
Browse Full Report: https://www.factmr.com/report/1109/scoliosis-traction-chairs-market
More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the global scoliosis traction chairs market, presenting historical data for 2019 to 2023 and forecast statistics for 2024 to 2034.
The study reveals essential insights on the basis of the indication, distribution channel, and region. By indication, the market is divided into structural scoliosis and nonstructural scoliosis, addressing different forms of spinal curvature requiring specialized traction treatment. In terms of distribution channels, scoliosis traction chairs are available through hospital pharmacies, hypermarkets, and e-commerce platforms, ensuring accessibility through both medical institutions and retail networks.
Regionally, the market spans across North America, Western Europe, Eastern Europe, Latin America, East Asia, South Asia & Pacific, and the Middle East & Africa, reflecting the global demand for scoliosis treatment solutions across diverse healthcare landscapes.
Check out More Related Studies Published by Fact.MR Research:
Scoliosis Management Market- https://www.factmr.com/report/scoliosis-management-market
Specialty Medical Chairs Market - https://www.factmr.com/report/specialty-medical-chairs-market
Pseudarthrosis Treatment Market- https://www.factmr.com/report/pseudarthrosis-treatment-market
Spinal Stenosis Implant Market- https://www.factmr.com/report/spinal-stenosis-implant-market
Ligament Stabilizers Market- https://www.factmr.com/report/ligament-stabilizers-market
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