Global Traction Equipment Market Growth 2023-2029

Global Traction Equipment Market Growth 2023-2029

Traction equipment is used on the pelvis, backbone, neck, legs, and arms. The equipment comes in handy when one needs to treat long-duration muscle spasms, dislocations, and fractures. it also prevents or corrects certain deformities.

LPI (LP Information)' newest research report, the “Traction Equipment Industry Forecast” looks at past sales and reviews total world Traction Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Traction Equipment sales for 2023 through 2029. With Traction Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Traction Equipment industry.

This Insight Report provides a comprehensive analysis of the global Traction Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Traction Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Traction Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Traction Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Traction Equipment.

The global Traction Equipment market size is projected to grow from US$ 291 million in 2022 to US$ 328.2 million in 2029; it is expected to grow at a CAGR of 328.2 from 2023 to 2029.

United States market for Traction Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Traction Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Traction Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Traction Equipment players cover DJO Global, Inc., Yuwell, Manuel García 1880, Fisiotech, ITO Co., Ltd., BTL International, Physiomed Elektromedizin, CHINESPORT S.p.a. and Shanghai Xiboy Electronic & Technology Co., Ltd, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Traction Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Cervical traction device
Lumbar traction device

Segmentation by application
Residental
Hospitals & Clinics

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DJO Global, Inc.
Yuwell
Manuel García 1880
Fisiotech
ITO Co., Ltd.
BTL International
Physiomed Elektromedizin
CHINESPORT S.p.a.
Shanghai Xiboy Electronic & Technology Co., Ltd
OG Wellness Technologies Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Traction Equipment market?

What factors are driving Traction Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Traction Equipment market opportunities vary by end market size?

How does Traction Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.