Cervical Pillow Market Trends, Growth, Demand, opportunities, Scope & Forecast period
Neck discomfort is currently one of the most common ailments. The spine, nerves, and muscles are all in sync with the neck. When neck discomfort lasts for a long time, it can lead to headaches, shoulder pain, and arm pain. Furthermore, if neck pain is not managed, it is likely to develop persistent. According to the National Center for Biotechnology Information, roughly 20.3 percent of the world's population complained from neck pain in early 2017.
Neck
discomfort is currently one of the most common ailments. The spine, nerves, and
muscles are all in sync with the neck. When neck discomfort lasts for a long
time, it can lead to headaches, shoulder pain, and arm pain. Furthermore, if
neck pain is not managed, it is likely to develop persistent. According to the
National Center for Biotechnology Information, roughly 20.3 percent of the
world's population complained from neck pain in early 2017.
Furthermore,
as people's disposable money rises, they are able to access better healthcare
facilities and treatments. According to the Office for National Statistics,
disposable income in the United Kingdom has climbed by 2.2 percent during 2015,
which has resulted in increased healthcare spending. According to Consumer News
and Business Channel statistics, overall healthcare spending climbed by 4.6
percent in 2015. (CNBC).
In 2016, the
global cervical pillow market was worth USD 3.24 billion. During the projection
period, it is expected to grow at a CAGR of 5.10 percent. Neck pain is becoming
more common, healthcare spending is increasing, and disposable income is
rising, all of which are driving market expansion.
The market
is divided into three types: standard, roll, and water-based. In 2016, the
standard category had a dominant share of slightly over 39.0 percent. Standard
cervical pillows come in a variety of styles to ensure the optimal fit. For
example, Custom Craftworks, Inc.'s Omni Cervical Relief Pillow has a contoured
design that relieves cervical pain while also relaxing the head, shoulders, and
back.
In 2016,
North America led the market. This can be related to longer work hours, which
cause neck tension and poor sitting posture, as well as the increased use of
electronic devices. Cervical pillows are in significant demand in this region
due to the rising prevalence of neck pain and high disposable income.
Mediflow,
Coop Home Goods, Custom Craftworks, Malouf, Snuggle Pedic, and Innocor, Inc.
are among of the market's major participants. To maintain their market
position, these companies are employing a variety of competitive and market
penetration techniques, such as attractive service contracts and specialised
product offerings.

Comments
Post a Comment