Telehealth Is Fastest Growing Segment Fueling The Growth Of The Global Back Stretchers Market

 

Back stretchers provide relief from back pain through gentle traction and lumbar support. They help improve posture, relieve pressure on the spinal discs, and stretch tight muscles. With the rising prevalence of back pain and musculoskeletal disorders, there is an increasing demand for back stretching devices for pain management and rehabilitation.

The global Back Stretchers Market is estimated to be valued at US$ 162.2 Million 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 key trends:
One of the key trends in the back stretchers market is the growing adoption of telehealth and online platforms for therapeutic treatments. With social distancing measures during the pandemic, many physiotherapy and pain management practices moved their consultation and treatment services online. This includes providing guidance to patients on performing back stretches and range of motion exercises at home using devices like back stretchers. Virtual therapy sessions helped maintain continuity of care while alleviating patient concerns over hospital visits. The shift towards telehealth is expected to continue in the post pandemic era, thereby supporting online sales of back stretching devices.

Segment Analysis
The global back stretchers market is segmented by type, end-user, and distribution channel. Based on type, the market is divided into folding back stretcher and non-folding back stretcher. The folding back stretcher segment dominated the market in 2023 and is expected to continue its dominance over the forecast period. Folding back stretchers are portable and space-saving, making them ideal for both home and commercial use.

Key Takeaways
The global back stretchers market size is expected to reach US$ 162.2 Mn in 2023, expanding at a CAGR of 4.6% during the forecast period of 2023 to 2030. Rising prevalence of back pain and work-related musculoskeletal disorders is driving the market growth.

Regional analysis - North America currently dominates the global back stretchers market. The region accounts for around 35% share of the total market revenue. High awareness regarding health and growing demand for physiotherapy equipment are major factors contributing to the large market size of North America. Asia Pacific is expected to witness highest growth during the forecast period. Increasing disposable incomes and growing healthcare expenditure in developing countries such as India and China offer lucrative opportunities for market players in the region.

Key players - 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 account for a significant share of the global market. Their majority revenue comes from folding back stretchers due to their high demand from home users and physiotherapy clinics.

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