Categories: Market Research

Hydrotherapy Equipment Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies

The Hydrotherapy Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Hydrotherapy Equipment Global Market Report 2024, 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.

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.

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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

Technological advancements are a key trend gaining popularity in the hydrotherapy equipment market. Companies operating in the hydrotherapy market are adopting new technologies to sustain their position in the market. For instance, in January 2023, Hydro Physio, a UK-based manufacturer of aquatic therapy treadmills, launched the new ACTIVE hydrotherapy trainer, designed to rehabilitate patients who are recovering from an injury or operation. The system offers an ideal solution for specific, hygienic aquatic therapy spaces. It comprises a treadmill chamber, an entrance foyer, and combined water management equipment. It is easy to use and effortlessly accessible for those with limited agility. This system is unique as it is designed to help with osteoarthritis, post-surgery rehabilitation, weight reduction, pain and stress alleviation, overall health, and reducing load bearing on problematic joints. Hydrotherapy aids patients in regaining or enhancing physical wellness in a warm, relaxing atmosphere by combining hands-on pool-based physiotherapy techniques with customized exercises under the supervision of physiotherapists.

The hydrotherapy equipment market report table of contents includes: