Overview and Scope
Hydrotherapy (aqua therapy) equipment refers to an equipment used in aquatic exercises to aid in the healing and rehabilitation of patients who have undergone strenuous exercise or sustained serious injuries. Hydrotherapy refers to the use of water to treat certain medical conditions. The equipment’s are used to relieve pain and muscle spasms, gain relaxation, maintain or increase the range of joint movement, re-educate paralyzed muscles, and have other therapeutic uses.
Sizing and Forecast
The hydrotherapy equipment market size has grown strongly in recent years. It will grow from $2.83 billion in 2023 to $3 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to aging population and health concerns, sports and fitness industry growth, hospital and rehabilitation center adoption, increased investment in wellness centers, government initiatives promoting wellness.
The hydrotherapy equipment market size is expected to see strong growth in the next few years. It will grow to $3.65 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to rising demand for aquatic exercise, focus on mental health and wellness, expansion of spa and resort industry, promotion of hydrotherapy in fitness centers, global health and wellness tourism. Major trends in the forecast period include digital health and telehealth trends, customization and personalization in healthcare, collaborations with physical therapy practices, technological advancements, integration with digital health platforms.
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Segmentation & Regional Insights
The hydrotherapy equipment market covered in this report is segmented –
1) By Type: Chambers Or Tanks, Hydrotherapy Pools, Hydrotherapy Tub Or Bath, Underwater Treadmill
2) By Application: Pain Management, Dermatology, Cardiology, Other Applications
3) By End User: Spa And Wellness Centers, Hospitals, Rehabilitation Centers, Other End-Users
North America was the largest region in the hydrotherapy equipment market in 2023. The regions covered in the hydrotherapy equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The high number of spinal cord injuries is expected to propel the growth of the hydrotherapy equipment market going forward. A spinal cord injury refers to damage to any part of the spinal cord or nerves at the end of the spinal canal which often causes changes in strength, feeling, and other body functions. Hydrotherapy therapy for spinal cord injury rehabilitation is an effective way to develop balance, strength, and movement patterns as it is a safe and often engaging form of physical therapy for survivors when supervised by a trained physical therapist. For instance, in July 2022, according to United Spinal Association, a US-based disability rights, and veterans service organization, every year approximately 17,700 Americans acquire a spinal cord injury where roughly 78% are men. Therefore, the high number of spinal cord injuries is driving the growth of the hydrotherapy equipment market going forward.
Key Industry Players
Major companies operating in the hydrotherapy equipment market report are HydroWorx International Inc., Prime Pacific Health Innovations Corporation, Hydro Physio Ltd., Technomex, Stas Doyer, Transcom SL, Sidmar Manufacturing Inc., SwimEx Inc., Jacuzzi Inc. (Investindustrial Advisors Limited), Accord Medical Products Pvt. Ltd., EWAC Medical, Kohler Co., BTL Corporate, Master Spas, Dotolo Europe, Niva Medical Oy, Hudson Aquatic Systems, Aquasure, Narang Medical Limited, Preston Pools, Dimension One Spas, Dynasty Spas, Econo Spas, Endless Pools, FreeFlow Spas, Bodyguard Spas, Marquis Spas, Premium Leisure LLC, Aqua Therapy Corp., Aquatic Technologies Group LLC
The hydrotherapy equipment market report table of contents includes:
1. Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
…………
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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