The global hydrotherapy appliances market is anticipated to grow on account of rising geriatric population coupled with growing demand for rehabilitation therapies. However, lack of standardized reimbursement schemes, dearth of trained individuals, and high costs for hydrotherapy appliances is anticipated to challenge market growth over the forecast period.
The global hydrotherapy appliances market is categorized based on type, application, and end-use. In 2020, the hydrotherapy pools segment dominated the global market, accounting for over 35% of the global market share. The industry is categorized into chambers/tanks, ponds, tubs/baths, aquatic treadmills, and others based on their types. Over the forecast period, hydrotherapy pools are expected to be the largest category segment in terms of market share. The hydrotherapy tub/bath section, on the other hand, is projected to rise at the fastest pace from 2020 to 2028. In 2019, the pain management sector led the industry, accounting for over 30 percent of overall market share. Throughout the forecast period, the segment is expected to maintain its leading position.
Region wise, North America was the largest market in 2020 owing to the presence of major players and flexible reimbursement scenarios. However, Asia Pacific is anticipated to witness the highest CAGR over the forecast period owing to rising awareness along with increasing healthcare expenditure across the region. Additionally, the regional growth is attributed to increasing spinal cord & orthopedic injuries.
Key segments of the global hydrotherapy appliances market
Type Overview, 2018-2028 (USD Million)
- Hydrotherapy Pools
- Hydrotherapy Tub/Bath
- Underwater Treadmill
Application Overview, 2018-2028 (USD Million)
- Pain Management
End-Use Overview, 2018-2028 (USD Million)
- Hospitals & Rehabilitation Centers
- Spa & Wellness Centers
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Rest of Middle East and Africa
Important Companies in Global Hydrotherapy Appliances Market
- Prime Pacific Health Innovations
- Hydro Physio
- Stas Doyer
- Jacuzzi Inc.
- Accord Medical Products
- Kohler Co.
- Sidmar Manufacturing Inc.
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global Hydrotherapy Appliances industry
- The overall segmentation of hydrotherapy appliances market, especially key segments are thoroughly studied.
- Presence of major players and their wide product portfolio across developed countries is anticipated to further boost the growth of hydrotherapy appliances market
What does the report include?
- The study on the global hydrotherapy appliances market includes analysis of qualitative market indicators such as drivers, restraints, challenges, and opportunities
- Additionally, the market competition has been evaluated using the Porter’s five forces analysis
- The study covers qualitative and quantitative analysis of the market segmented based on applications, product, technology, and end user. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the considered segments
- The study includes the profiles of key players in the market with a significant global and/or regional presence
Who should buy this report?
- The report on the global hydrotherapy appliances market is suitable for all the players across the value chain including raw material suppliers, Hydrotherapy Appliances providers, medical device manufacturers, distributors, suppliers, and retailers
- Venture capitalists and investors looking for more information on the outlook of the global hydrotherapy appliances market
Consultants, analysts, researchers, and academicians looking for insights shaping the global hydrotherapy appliances market