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Global Traction Beds Market: By Product: Spinal Traction, Skeletal Traction, Cervical Traction, Skin Traction; By Technology: 2-Fold Traction Bed, 3-Fold Traction Bed, Others; By End-User; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Traction Beds Market Outlook

The global traction beds market is expected to grow at a CAGR of 4.2% during the period 2022-2027.

 

Rising Number of Hospitalizations, Increased Orthopaedic and Spine Problems, Growing Number of Hospitals and Healthcare, Wellness and Physiotherapy Establishments, and Increased Disposable Income Expected to Drive the Global Traction Beds Market.

 

Global Traction Beds Market

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Europe and USA Expected to be Key Markets

In Europe, healthcare systems are confronted with a number of challenges, including the need to adapt to changing population health needs, the burden of chronic illness, and public expectation of more effective and efficient care. Thus, policymakers and healthcare organisations are under increasing pressure to improve care quality.

In the United States, low back pain is by far the most prevalent spinal complaint among adults. It occurs anywhere on the back between the ribs and above the legs. Overuse, strain, injury, compression fracture, age, and disorders like as arthritis and osteoporosis are all possible causes. Such patients are in greater need of traction/hospital beds. Thus, USA and Europe are expected to be significant markets for acute care hospital beds.

 

Growing need, Increased Income and Government Initiatives are Expected to Drive the Market in Countries Like India

Hospitals in India are in high demand from both foreign and domestic investors. The Government's intentions to expand public health spending to 2.5 percent of GDP by 2025 is  also expected to assist the hospital industry. There is an enormous demand for tertiary care hospitals, particularly speciality hospitals. At the moment, a significant gap exists between the number of available beds and the number of beds necessary.

India's hospital bed density is less than half that of the global average of three hospital beds per 1,000 inhabitants, meaning a need for an estimated 2.2 million additional beds over the next 15 years. Apart from metropolitan areas, health service demand is increasing in Tier 2 and Tier 3 regions throughout the country. The per-capita income in these areas has risen considerably in recent years. Additionally, these cities offer lower-cost inputs such as land and labour, and can serve the people of adjacent villages and towns. Thus, growing need, increased income and government initiatives are expected to drive the market in India.

Traction therapy involves the application of a longitudinal force to the axis of the spinal column. In other words, the spinal column is stretched (pulled in opposite directions) To steady or modify the position of injured parts of the spine. Spinal traction therapy could be either manual or mechanical. While in manual traction, a physical therapist would use their hands to deliver the therapy (put people in a state of traction), mechanical traction employs devices that stretch the spinal column and muscles. Both types of therapy usually require a traction table or bed. Traction beds have been found to be very effective for disc mobility and lower back pain alleviation. A 3D model analysis employing CT or MRI images can be used to determine the best angle for traction. The ideal angle will vary between patients and should be calculated on the basis of the intervertebral disc's decreased height, as well as the patient's weight and height.

Thus, the global traction beds market is likely to be driven by growing demand on account of rising number of hospitalizations, increased orthopaedic and spine problems, enhanced quality of beds, improved technology, rising number of hospitals and healthcare, wellness and physiotherapy establishments, and increased disposable income.

 

Global Traction Beds Market Segmentation

By product, the market is segmented as follows:

  • Spinal Traction
  • Skeletal Traction
  • Cervical Traction
  • Skin Traction

By technology, the market is classified into:

  • 2-Fold Traction Bed
  • 3-Fold Traction Bed
  • 4-Fold Traction Bed
  • Others

By end-user, the market is segmented into:

  • Hospitals
  • Clinics
  • Ambulatory Surgery Centres
  • Homecare Settings
  • Others

By region, the market is classified into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Key Industry Players in the Global Traction Beds Market

The report presents a detailed analysis of the key players in the market, and latest developments.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Technology, End-User, Region
Breakup by Product Spinal Traction, Skeletal Traction, Cervical Traction, Skin Traction
Breakup by Technology 2-Fold Traction Bed, 3-Fold Traction Bed, 4-Fold Traction Bed, Others
Breakup by End-User Hospitals, Clinics, Ambulatory Surgery Centres, Homecare Settings, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Traction Beds Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Traction Beds Historical Market (2017-2021) 
    8.3    Global Traction Beds Market Forecast (2022-2027)
    8.4    Global Traction Beds Market by Product
        8.4.1    Spinal Traction
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Skeletal Traction
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Cervical Traction
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Skin Traction
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
    8.5    Global Traction Beds Market by Technology
        8.5.1    2-Fold Traction Bed
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    3-Fold Traction Bed
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    4-Fold Traction Bed
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Others
    8.6    Global Traction Beds Market by End-User
        8.6.1    Hospitals
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Clinics
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Ambulatory Surgery Centres
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Homecare Settings
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    Others
    8.7    Global Traction Beds Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
12    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Traction Beds Market: Key Industry Highlights, 2017 and 2027
2.    Global Traction Beds Historical Market: Breakup by Product (USD Million), 2017-2021
3.    Global Traction Beds Market Forecast: Breakup by Product (USD Million), 2022-2027
4.    Global Traction Beds Historical Market: Breakup by Technology (USD Million), 2017-2021
5.    Global Traction Beds Market Forecast: Breakup by Technology (USD Million), 2022-2027
6.    Global Traction Beds Historical Market: Breakup by End-User (USD Million), 2017-2021
7.    Global Traction Beds Market Forecast: Breakup by End-User (USD Million), 2022-2027
8.    Global Traction Beds Historical Market: Breakup by Region (USD Million), 2017-2021
9.    Global Traction Beds Market Forecast: Breakup by Region (USD Million), 2022-2027
10.    North America Traction Beds Historical Market: Breakup by Country (USD Million), 2017-2021
11.    North America Traction Beds Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Europe Traction Beds Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Europe Traction Beds Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Asia Pacific Traction Beds Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Asia Pacific Traction Beds Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Latin America Traction Beds Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Latin America Traction Beds Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Middle East and Africa Traction Beds Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Middle East and Africa Traction Beds Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Global Traction Beds Market Structure

Key Questions Answered in the Report

The market is estimated to grow at a CAGR of 4.2% between 2022 and 2027.

The major drivers of the market include the increasing rate of hospitalisation, rising cases of chronic diseases, rising healthcare awareness, rapid development of hospitals, nursing homes, and ambulatory surgical centres, and rising disposable income.

The increasing healthcare expenditure, coupled with the expansion of both government and private hospitals is expected to be a key trend guiding the growth of the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Spinal traction, skeletal traction, cervical traction, and skin traction are the different products considered in the market report.

2-fold traction bed, 3-fold traction bed, and 4-fold traction bed, among others are the major technologies based on which the market has been segmented.

Hospitals, clinics, ambulatory surgery centres, and homecare settings, among others are the significant end-users of the product.

Analyst Review

The global traction beds market is being driven by the rising healthcare expenditure, rising hospitalisation rates, and growing prevalence of fatal chronic diseases. Aided by the rising investments to bolster the comfort of patients, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 4.2%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the market is divided into spinal traction, skeletal traction, cervical traction, and skin traction. On the basis of technology, the market is divided into 2-fold traction bed, 3-fold traction bed, and 4-fold traction bed, among others. The major end-users of the product include hospitals, clinics, ambulatory surgery centres, and homecare settings, among others. The major regional markets for traction beds are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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