Market Overview:
The global medical neck braces market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of neck injuries and disorders, rising awareness about the benefits of using medical neck braces, and technological advancements in medical neck brace designs. The global medical neck braces market is segmented on the basis of type into soft neck braces and rigid neck braces. The softneck brace segment is expected to account for a larger share of the global medicalneck braces market than the rigidneck brace segment duringthe forecast period from 2018to 2030. This can be attributedto their easeof useand comfort levels as compared torigidneckbraces.Onthe basisof application, themarketis dividedinto adultand children’s applications.
Product Definition:
A medical neck brace is a device that is used to support and protect the neck. It is typically worn after an injury to the neck or following surgery. A medical neck brace can help to reduce pain and swelling, and may also help to prevent further injury.
Soft Neck Braces:
A soft neck brace is a type of cervical collar that is used to provide support and stability to the patient's neck. It helps in reducing pain caused by stiff necks, also known as cervical spondylosis or arthritis of the neck. The product consists of two parts-a headband and an elastic band which are both made up of comfortable fabric such as cotton & foam based fabrics.
Rigid Neck Braces:
Rigid neck braces are used to correct deformities in the neck. They help in stabilizing and supporting the head and cervical spine region. The product is available as disposable or reusable products, depending on the type of deformity correction required by an individual patient.
Application Insights:
The adult segment held the largest share of over 70.0% in 2017. The application of neck braces for adults is mainly driven by the growing incidence of cervical and lumbar spinal disorders, which often require surgical intervention to treat them. According to a study published in NCBI, it is estimated that around 250,000 people above 60 years suffer from low back pain every year in U.S., while around 2-5 million older adults are suffering from chronic pain due to various causes including arthritis and cancer related problems.
In addition, an increase in road traffic accidents worldwide has increased the demand for medical neck braces for treatment purposes as well as protection against further injuries during rehabilitation period or hospitalization procedures.
Regional Analysis:
North America dominated the global market in 2017 owing to high product demand for sports injuries and car accidents. The region is expected to maintain its dominance over the forecast period due to increasing cases of chronic pain, neurological disorders, and other musculoskeletal problems. Moreover, rising healthcare expenditure by governments coupled with growing awareness about available treatment options are some factors that can be attributed for this dominance.
The Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare infrastructure in emerging economies such as India and China along with rising medical tourism activities by various government agencies including Department of Health & Family Welfare (DoHFW) & Ministry of Tourism (MoT). These factors are projected to boost product demand in this region during the forecast period. In addition, an increase in road accidents has also led authorities concerned about stiff neck braces requirements which will further propel market growth during the estimated time span from 2018-2030 (see Table 1).
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increase in demand for medical neck braces, as they are used for treating various age-related conditions such as arthritis, osteoporosis, and cervical spondylosis.
- Rising incidence of neck injuries: There has been a rise in the incidence of neck injuries due to road accidents, sports activities, and other causes. This is leading to an increased demand for medical neck braces as preventive and post-injury treatment devices.
- Technological advancements: The development of new technologies has led to the introduction of innovative medical neck braces that are more comfortable and provide better support than traditional braces. This is resulting in an increase in their adoption by patients worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Neck Braces Market Research Report
By Type
Soft Neck Braces, Rigid Neck Braces
By Application
Adult, Children
By Companies
Ambu, Ossur, Thuasne, Bird & Cronin, B.u.W. Schmidt, Red Leaf, Ferno, Biomatrix, Laerdal Medical, ME.BER., Oscar Boscarol
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Medical Neck Braces Market Report Segments:
The global Medical Neck Braces market is segmented on the basis of:
Types
Soft Neck Braces, Rigid Neck Braces
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adult, Children
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ambu
- Ossur
- Thuasne
- Bird & Cronin
- B.u.W. Schmidt
- Red Leaf
- Ferno
- Biomatrix
- Laerdal Medical
- ME.BER.
- Oscar Boscarol
Highlights of The Medical Neck Braces Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soft Neck Braces
- Rigid Neck Braces
- By Application:
- Adult
- Children
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Neck Braces Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical neck braces are a type of medical device that is worn around the neck to help support the head and prevent or reduce cervical spine (neck) injuries.
Some of the major companies in the medical neck braces market are Ambu, Ossur, Thuasne, Bird & Cronin, B.u.W. Schmidt, Red Leaf, Ferno, Biomatrix, Laerdal Medical, ME.BER., Oscar Boscarol.
The medical neck braces market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Neck Braces Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Neck Braces Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Neck Braces Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Neck Braces Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Neck Braces Market Size & Forecast, 2018-2028
4.5.1 Medical Neck Braces Market Size and Y-o-Y Growth
4.5.2 Medical Neck Braces Market Absolute $ Opportunity
Chapter 5 Global Medical Neck Braces Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Medical Neck Braces Market Size Forecast by Type
5.2.1 Soft Neck Braces
5.2.2 Rigid Neck Braces
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Neck Braces Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Medical Neck Braces Market Size Forecast by Applications
6.2.1 Adult
6.2.2 Children
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Neck Braces Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Neck Braces Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Medical Neck Braces Analysis and Forecast
9.1 Introduction
9.2 North America Medical Neck Braces Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Medical Neck Braces Market Size Forecast by Type
9.6.1 Soft Neck Braces
9.6.2 Rigid Neck Braces
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Medical Neck Braces Market Size Forecast by Applications
9.10.1 Adult
9.10.2 Children
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Medical Neck Braces Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Neck Braces Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Medical Neck Braces Market Size Forecast by Type
10.6.1 Soft Neck Braces
10.6.2 Rigid Neck Braces
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Medical Neck Braces Market Size Forecast by Applications
10.10.1 Adult
10.10.2 Children
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Medical Neck Braces Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Neck Braces Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Medical Neck Braces Market Size Forecast by Type
11.6.1 Soft Neck Braces
11.6.2 Rigid Neck Braces
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Medical Neck Braces Market Size Forecast by Applications
11.10.1 Adult
11.10.2 Children
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Medical Neck Braces Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Neck Braces Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Medical Neck Braces Market Size Forecast by Type
12.6.1 Soft Neck Braces
12.6.2 Rigid Neck Braces
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Medical Neck Braces Market Size Forecast by Applications
12.10.1 Adult
12.10.2 Children
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Medical Neck Braces Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Neck Braces Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Medical Neck Braces Market Size Forecast by Type
13.6.1 Soft Neck Braces
13.6.2 Rigid Neck Braces
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Medical Neck Braces Market Size Forecast by Applications
13.10.1 Adult
13.10.2 Children
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Neck Braces Market: Competitive Dashboard
14.2 Global Medical Neck Braces Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ambu
14.3.2 Ossur
14.3.3 Thuasne
14.3.4 Bird & Cronin
14.3.5 B.u.W. Schmidt
14.3.6 Red Leaf
14.3.7 Ferno
14.3.8 Biomatrix
14.3.9 Laerdal Medical
14.3.10 ME.BER.
14.3.11 Oscar Boscarol
