Global Back Therapy Kits Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Back Therapy Kits Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global back therapy Kits market report has been segmented as per product type, connectivity, end user, and region.
Global Back Therapy Kits Market: Overview
Back therapy kits are a medical device that is mainly used for lower back pain management. The vibration of back therapy kits relief muscles strain which results in back pain reduction. The back therapy kits mostly used to get relief from the lower back pain which occurs due to exercise, muscle strain, and other activities.
Global Back Therapy Kits Market: Dynamics
Growing demand for back therapy kits among individuals due to the rising number of back pain patients across the globe is a key factor fueling growth of the global back therapy kits market. In addition, increasing hectic lifestyle and busy work schedules across the globe and the rising number of sitting job joiners in developed and developing countries are major factors projected to boost growth of the target market over the forecast period.
Expanding healthcare industry across the globe and increasing health consciousness among individuals resulting in growing demand for back therapy kits across the globe are some other factors expected to propel growth of the global market. In addition, increasing adoption of back therapy kits across the globe due to rising back pain and other health issues among athlete is another factor expected to drive growth of the target market.
Furthermore, increasing technological advancements in back therapy kits and rising various product promotional strategies by major back therapy kits manufacturers across the globe are other factors anticipated to fuel growth of the global market in the upcoming years.
However, less awareness about of back therapy kits positive results is a key factor anticipated to hamper growth of the global back therapy kits market. Also, the high cost associated with back therapy kits is a challenging factor and can hamper the target market growth.
Global Back Therapy Kits Market: Segment Analysis
Increasing adoption of the strap back therapy kits across the globe due to rising back pain incidences among individuals is the primary factor driving revenue growth of the strap back therapy kits segment among the product type segments.
Among the connectivity segments, the wired back therapy kits segment is estimated to register significant growth in the target market, owing to raising awareness about several benefits associated with it.
Global Back Therapy Kits Market: Region Analysis
North America and Europe back therapy kits markets accounted for the highest revenue share and are anticipated to dominate the target market over the forecast period. High facilities provided by healthcare sector and high spending on healthcare in countries such as Canada, US, France, Germany, UK, and Italy in this region. The market in the Asia Pacific is expected to register the fastest growth in the global market, owing to the rapid adoption of back therapy kits among individuals due to increasing lower back pain incidences in countries such as China, Japan, and India in this region. The market in Latin America and Middle East & Africa are estimated to register moderate growth in the global market, due to rising awareness about various back therapy solutions in countries such as Brazil and Saudi Arabia in these regions.
Global Back Therapy Kits Market Segmentation:
Segmentation by Product Type:
- Strapless Back Therapy Kits
- Strap Back Therapy Kits
Segmentation by Connectivity:
- Battery Operated Back Therapy Kits
- Wired Back Therapy Kits
Segmentation by End User:
- Rehabilitation Centers
- Orthopedic Clinics
- Homecare Settings
- Long Term Care Centers
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- BackJoy Orthotics, LLC
- Tynor Orthotics Private Limited
- Nervomatrix Ltd.
- Bayer HealthCare AG
- Sanofi SA
- Polar Products, Inc.
- Brooks Life Science Systems
- Captiva Spine, Inc.
- Globus Medical, Inc.
- Alliance Spine & Pain Centers, P.C.
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