Back stretchers help relax stiff back muscles and provide gentle traction to improve mobility and reduce back pain. They come in a variety of designs including door frames, roller bars, hammocks, wheels and straps to provide full body support during stretching. People experiencing back pain commonly use back stretchers to treat conditions like slipped discs, spondylolisthesis, herniated discs and muscle strains.
The Back Stretchers market is estimated to be valued at US$ 162.2 Mn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
Increasing prevalence of back pain drives the demand for back stretchers. As per The American Academy of Orthopaedic Surgeons, around 80% of Americans experience low back pain at some point in their lives. Rising geriatric population also contributes as elderly people are more vulnerable to back problems. Furthermore, advancements in designs such as the use of gravity boots providing 360 degree inversion therapy enhance product utility and appeal to customers. Some back stretchers also employ heat therapy to provide pain relief. However, availability of alternative treatments involving medication and surgery can hamper market growth to some extent.
SWOT Analysis
Strength: Back stretchers have various health benefits for users. They help relieve back pain and improve posture. Many back stretchers are portable and easy to use anywhere.
Weakness: Some back stretchers can be expensive which limits their adoption. Using poor-quality back stretchers for extended periods can do more harm than good to the back.
Opportunity: Rising health awareness and growing geriatric population prone to back issues have increased demand for back pain relief products. Technologies integration in back stretchers allow customized stretching sessions and monitor progress.
Threats: Alternative therapies like yoga and physiotherapy can reduce reliance on back stretchers. Stiff competition from local players could limit price and profit of prominent brands.
Key Takeaways
The global back stretchers market is expected to witness high growth, exhibiting CAGR of 4.6% over the forecast period, due to increasing prevalence of sedentary lifestyle and back problems. According to reports, the market was valued at US$ 162.2 Mn in 2023 and is projected to reach US$ 235.3 Mn by 2030.
The North America region currently dominates the back stretchers market owing to rising health awareness and frequency of backpack related issues. Europe holds the second largest market share on account of growing elderly population prone to back pain. The Asia Pacific region is anticipated to exhibit the fastest growth in the forthcoming years largely due to changing lifestyle habits and economic development of countries like India and China.
Key players operating in the back stretchers market are Nubax, Backbridge, Nayoya Wellness, Theraband, Chirp, LumbarTrac, Teeter Hang Ups, Zen Health, DJO Global, Fit for Life LLC, OPTP, Gaiam, AmazonBasics, ProsourceFit, and Stamina Products Inc. These companies are focusing on incorporating new technologies and features in their products to provide customizable stretching sessions and monitor progress of users.
