Personalizing Pain Relief: Customization Trends in the Back Stretchers Market

Comments · 36 Views

The Global Back Stretchers Market is Rising due to Increased Usage to Relieve Back Pain

The global back stretchers market enables users to effectively relieve back pain through usage of stretching devices that facilitate targeted spinal extension and traction. Back stretchers are flexible lumbar supports designed to gently pull the spine back into alignment while assisting muscles to relax away from painful spasms or strains. They provide passive stretching without aggressive manipulation and help open vertebral discs, ligaments and muscles to improve mobility, posture and reduce discomfort.

The Global Back Stretchers Market is estimated to be valued at US$ 162.2 Mn in 2024 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030.

Key Takeaways

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. The growing prevalence of back pain disorders amongst middle-aged and elderly population is driving increased demand for back care accessories like stretchers. Additionally, manufacturers are expanding their global footprint in developing regions to tap the emerging low-cost production and untapped markets. The global back stretchers market is also witnessing expansion through online retail platforms that offer superior shopping experience and convenience to customers.

Market Key Trends

Portability is a key trend gaining traction in the back stretchers market. Manufacturers are designing compact, lightweight stretchers that are travel-friendly and easy to use anywhere without being tied to a fixed location at home or clinic. Some products feature foldable or roll-up designs for supreme portability. This allows users to relieve back pain on the go during travel or office breaks. The focus on portability is expected to further propel the back stretchers market growth especially in developed regions with active mobile lifestyles.


Porter’s Analysis

Threat of new entrants: Back stretchers market has high threat of new entrants as there is no patent barriers and low production cost.

Bargaining power of buyers: Buyers in back stretchers market have high bargaining power due to availability of multiple brands and low switching costs.

Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to availability of substitute raw material suppliers.

Threat of new substitutes: Back stretchers market faces threat from substitute products like yoga mats, resistance bands, inversion tables etc.

Competitive rivalry: Back stretchers market witnesses high competition due to presence of established players.

Geographical Regions

North America region dominates the global back stretchers market in terms of value. The U.S. accounts for largest share owing to increasing health awareness among population in the country.

Asia Pacific is projected to grow fastest in global back stretchers market during forecast period. Countries like India and China are expected to witness highest growth on back of growing middle class population, rising disposable income and changing lifestyle.

Comments
Free Download Share Your Social Apps