According to a market report, published by Sheer Analytics and Insights, The global back posture corrector market was valued at $1.03 billion in 2021 and it is expected to reach $2.08 billion at a CAGR of 6.4% between 2022 and 2032. A posture corrector often referred to as a posture aid, back brace, or posture supporter is a piece of equipment made to prevent progressive disorders from getting worse by limiting the movement of the spine in the event of a fracture. An article of clothing called a posture corrector is made to support the shoulders, neck, and back. Posture correctors come in a wide range of styles and dimensions to accommodate differences in age, weight, height, gender, and lifestyle. Additionally, the aging of the population and children's growing knowledge of the benefits of excellent posture have both had a favorable effect on the market for posture correctors. As an illustration, the Victoria State Government, the state-level entity for Victoria, Australia, offers measures to help people with their posture, including regular exercise and stretching, ergonomic furniture, and paying attention to how the body feels. Likewise, numerous businesses are working to address posture abnormalities, and governments are making efforts to increase awareness of several continuing issues through a range of media. The growing trend of naturally enhancing posture is one of the major factors driving market expansion.
The market for posture correctors has also benefited from an increase in the elderly population and a growth in children's knowledge of the advantages of good posture. Governments are attempting to raise public awareness about several persistent disorders through various media, and numerous businesses are working to correct posture deformities. One of the main forces for market expansion is the rising trend of naturally improving posture. Moreover, one of the main factors driving the expansion of posture correctors is the increase in back pain concerns. Another important element propelling the expansion of the posture corrector market is the growing elderly population. Therefore, these primary factors are expected to drive market growth over the forecast period from 2022 to 2032.
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Furthermore, many people believe that posture correctors are more of a medical help than a tool for daily use. The correctors are frequently used for medical purposes, particularly by individuals with shoulder, back, and neck problems. To avoid weakening the muscles and inducing atrophy, posture correctors should never be used for an extended period without consulting a doctor. In the future, the market's growth rate will be further accelerated by factors such as unhealthy individual lifestyles, rising internet penetration rates, an aging population base, a shift in consumer preference toward natural treatments, product development, and commercialization, and rising per capita health care spending. Hence, these rising factors are estimated to create more growth opportunities for the back posture corrector market in the future.
On the other side, some factors could hamper the market over the forecast period. For instance, the back posture corrector market is primarily constrained by the high cost of research & development and the lack of qualified experts. Additionally, the lack of technology adoption in underdeveloped nations and muscle wasting brought on by posture corrector use are impeding the market for back posture correctors.
Some new developments in the global back posture corrector market:
- On 17th November, 2022, the ground-breaking Smart Back Posture Corrector was unveiled by Mejent LTD. The action is a confirmation of the company's dedication to offering cutting-edge products that not only make life easier but also promote healthy behaviors in individuals of all sexes and ages.
- On 5th November, 2022, the innovative Hilipert Back Brace Posture Corrector can help people naturally correct their posture. The strap is made from premium materials and is intended to avoid posture problems. The Back Brace strap features a cozy design and can ease neck, back, and shoulder discomforts brought on by poor posture.
- On 24th November, 2022, Ultraviolette Introduces the F77 In Two Versions With A Wide Range Of Options. The F77, the first high-performance electric motorcycle in India, was commercially introduced by Ultraviolette today at an ex-showroom price of INR 3.8 lakh.
According to the study, key players dominating the global back posture corrector market are Acorn International (U.K), Aspen Medical Products (U.S), Bayer AG (Germany), BodyRite (U.S), BackJoy (U.S), Hexaforms Technologies (India), ITA-Med Co (U.S), Johnson and Johnson (U.S), MaraKym (U.S), Novartis AG (Switzerland), OttoBock (Germany), Restore Health Solutions (U.K), Super Ortho (Greece), Swedish Posture (Sweden), among others.
The Global Back Posture Corrector Market Has Been Segmented Into:
The Global Back Posture Corrector Market – by Product Type
- Posture Apparel
- Posture Seats
- Posture Wearable
- Others
The Global Back Posture Corrector Market – by End-User Type:
- Adults
- Geriatric People
- Kids
The Global Back Posture Corrector Market – by Distribution Type:
- Online
- Offline
- Others
The Global Back Posture Corrector Market – by Regions:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The U.K.
- France
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- Australia
- Rest of Asia Pacific
- LAMEA
- Middle East
- Saudi Arabia
- UAE
- Others
- Latin America
- Brazil
- Chile
- Others
- Africa
- South Africa
- Egypt
- Other
Browse the full report at https://www.sheeranalyticsandinsights.com/market-report-research/back-posture-corrector-market-21
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