Market Overview:
The global medical traction devices 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 bone fractures, muscle contractures, and bone deformities across the globe. In addition, technological advancements in medical traction devices are also contributing to the growth of this market. The global medical traction devices market is segmented on the basis of type into skeletal traction devices and skin traction devices. The skeletal traction device segment is further sub-segmented into manual skeletal traction device and powered skeletal traction device. The skin traction device segment is further sub-segmented into adhesive plaster skin tractions and weights & pulleys skin tractions. On the basis of application, the global medical Traction Devices Market is divided into muscle contracture, bone fractures, and bone deformities segments. Geographically, North America dominates the global medical Traction Devices Market followed by Europe due States owing to rising geriatric population base in these regions coupled with increasing prevalence rates for various orthopedic disorders such as muscle contracture (elderly), bone fracture (accidents), etc., Asia Pacific region is projected to witness highest CAGR over next 10 years owing growing awareness about benefits associated with use of thesedevices along with improving healthcare infrastructure in countries such as Chinaand India .
Product Definition:
Medical traction devices are used to correct and stabilize spinal alignment, treat pain, and improve mobility. They work by applying a controlled force to the spine, which pulls it into alignment. This can help relieve pressure on the nerves and restore function.
Skeletal Traction Devices:
Skeletal traction devices are used to provide external support for the body part in order to facilitate the healing process. The most commonly used skeletal traction devices include crutches, walkers, canes, and sticks. These are mostly preferred by patients who have undergone surgery or suffered from an injury and require rehabilitation therapy.
The global skeletal traction devices market is expected to grow at a significant rate owing to increasing incidences of orthopedic conditions such as ligament injuries.
Skin Traction Devices:
Skin traction devices are used in medical traction devices to provide a secure hold on the skin for performing cosmetic or reconstructive procedures. The most common use of this device is during breast augmentation, liposuction, and tummy tuck surgeries.
The global Skin Traction Devices and it's usage in Medical Traction Devices market size was valued at USD 1.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The muscle contracture segment dominated the global medical traction devices market in 2017. This is attributed to an increase in the prevalence of conditions such as myopathies, which result in muscles becoming stiff and contracted. For instance, there are approximately 2 million people suffering from muscular dystrophy across the globe. According to estimates by Muscular Dystrophy Association (MDA), around 60% of these patients are living with a disability that prevents them from working or participating fully in daily activities due to their illness.
In addition, according to research studies performed by National Center for Biotechnology Information (NCBI) and others, around 1% of total population falls prey to this condition each year globally while it is 0.5-1% among Asian population.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure, high adoption rate of advanced medical devices, and rising number of trauma centers & hospitals are some factors driving the regional demand. Moreover, increasing road accidents and sports injuries are also contributing to the growth of this region. According to a study published by Journal Of American Medical Association (JAMA), around 1 million people in U.S suffer from nonfatal traumatic brain injuries related to sports or recreation activities every year which is approximately 2% - 3% of all injuries suffered annually in U.S.
Growth Factors:
- Increasing incidence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. According to a study by the World Health Organization (WHO), non-communicable diseases such as heart disease, stroke, cancer, and diabetes accounted for 63% of all deaths in 2012. This number is expected to rise to 73% by 2030. This presents a huge opportunity for medical traction devices market players as these devices can help in the treatment and management of chronic diseases.
- Growing geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive demand for medical traction devices in the coming years. By 2020, there will be more than 1 billion people aged 60 or above worldwide, accounting for nearly 16% of the global population. Elderly patients are more susceptible to injuries and musculoskeletal disorders due to their weak bones and muscles so they require special care which can be provided through medical traction devices .
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Traction Devices Market Research Report
By Type
Skeletal Traction Devices, Skin Traction Devices
By Application
Muscle Contracture, Bone Fractures, Bone Deformities
By Companies
The Saunders Group, Chattanooga Group, North American Medical, Spinetronics, Dentsply International, Medtronic, Spinal Designs International, Cert Health Sciences, Vax-D Medical Technologies, Essity, Mölnlycke Health Care, Gpc Medical, Biocare Group
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Medical Traction Devices Market Report Segments:
The global Medical Traction Devices market is segmented on the basis of:
Types
Skeletal Traction Devices, Skin Traction Devices
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
Muscle Contracture, Bone Fractures, Bone Deformities
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:
- The Saunders Group
- Chattanooga Group
- North American Medical
- Spinetronics
- Dentsply International
- Medtronic
- Spinal Designs International
- Cert Health Sciences
- Vax-D Medical Technologies
- Essity
- Mölnlycke Health Care
- Gpc Medical
- Biocare Group
Highlights of The Medical Traction Devices 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:
- Skeletal Traction Devices
- Skin Traction Devices
- By Application:
- Muscle Contracture
- Bone Fractures
- Bone Deformities
- 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 Traction Devices 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.
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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 traction devices are devices that help to reduce the amount of pressure on a person's injured foot or ankle. They can be used in combination with other treatments, such as crutches or a walker.
Some of the key players operating in the medical traction devices market are The Saunders Group, Chattanooga Group, North American Medical, Spinetronics, Dentsply International, Medtronic, Spinal Designs International, Cert Health Sciences, Vax-D Medical Technologies, Essity, M¶lnlycke Health Care, Gpc Medical, Biocare Group.
The medical traction devices 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 Traction Devices 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 Traction Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Traction Devices 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 Traction Devices 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 Traction Devices Market Size & Forecast, 2018-2028
4.5.1 Medical Traction Devices Market Size and Y-o-Y Growth
4.5.2 Medical Traction Devices Market Absolute $ Opportunity
Chapter 5 Global Medical Traction Devices 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 Traction Devices Market Size Forecast by Type
5.2.1 Skeletal Traction Devices
5.2.2 Skin Traction Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Traction Devices 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 Traction Devices Market Size Forecast by Applications
6.2.1 Muscle Contracture
6.2.2 Bone Fractures
6.2.3 Bone Deformities
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Traction Devices 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 Traction Devices 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 Traction Devices Analysis and Forecast
9.1 Introduction
9.2 North America Medical Traction Devices 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 Traction Devices Market Size Forecast by Type
9.6.1 Skeletal Traction Devices
9.6.2 Skin Traction Devices
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 Traction Devices Market Size Forecast by Applications
9.10.1 Muscle Contracture
9.10.2 Bone Fractures
9.10.3 Bone Deformities
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 Traction Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Traction Devices 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 Traction Devices Market Size Forecast by Type
10.6.1 Skeletal Traction Devices
10.6.2 Skin Traction Devices
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 Traction Devices Market Size Forecast by Applications
10.10.1 Muscle Contracture
10.10.2 Bone Fractures
10.10.3 Bone Deformities
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 Traction Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Traction Devices 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 Traction Devices Market Size Forecast by Type
11.6.1 Skeletal Traction Devices
11.6.2 Skin Traction Devices
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 Traction Devices Market Size Forecast by Applications
11.10.1 Muscle Contracture
11.10.2 Bone Fractures
11.10.3 Bone Deformities
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 Traction Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Traction Devices 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 Traction Devices Market Size Forecast by Type
12.6.1 Skeletal Traction Devices
12.6.2 Skin Traction Devices
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 Traction Devices Market Size Forecast by Applications
12.10.1 Muscle Contracture
12.10.2 Bone Fractures
12.10.3 Bone Deformities
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 Traction Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Traction Devices 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 Traction Devices Market Size Forecast by Type
13.6.1 Skeletal Traction Devices
13.6.2 Skin Traction Devices
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 Traction Devices Market Size Forecast by Applications
13.10.1 Muscle Contracture
13.10.2 Bone Fractures
13.10.3 Bone Deformities
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 Traction Devices Market: Competitive Dashboard
14.2 Global Medical Traction Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Saunders Group
14.3.2 Chattanooga Group
14.3.3 North American Medical
14.3.4 Spinetronics
14.3.5 Dentsply International
14.3.6 Medtronic
14.3.7 Spinal Designs International
14.3.8 Cert Health Sciences
14.3.9 Vax-D Medical Technologies
14.3.10 Essity
14.3.11 Mölnlycke Health Care
14.3.12 Gpc Medical
14.3.13 Biocare Group
