Press release
Hydrotherapy Equipment Market to Record an Exponential CAGR by 2025
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Although a fairly new concept that needs further harnessing, a fresh business publication released by Transparency Market Research (TMR) has projected the demand in the global hydrotherapy equipment market to expand at a profitable compound annual growth rate (CAGR) during the forecast period of 2017 to 2025.
As a part of naturopathy that is also sometime termed as water cure, hydrotherapy has proven its worth in treating various types of injuries pertaining to soft tissues and bone as well as neuromuscular conditions. As the awareness grows regarding the benefits of hydrotherapy as well as the lack of side effects in terms of curing against pain, muscle spasm reduction, and head injuries, the demand is expected to surge in the near future. Moreover, with increased disposable income across emerging economies, sports professionals are now being advised to hydrotherapy for their rehabilitation programs.
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On the back of favorable reimbursement policies, expanding usage, and captivating product features that can mix as a leisure time, the demand in the hydrotherapy equipment market is poised for a profitable future. On the other hand, strong lack of awareness among substantial prospected consumers, the market is taking a negative effect. However, the analyst of the report highlights the increasing population of geriatrics as a niche that is emerging. Geriatrics generally struggle from mobility issues as they are highly prone to orthopedic disorders. With time in hand, these populations can formulate an important segment for the market players.
The U.S. key country-wide hydrotherapy equipment market
Based on product type, the hydrogen equipment market can be segmented into iodine-grine therapy, balneotherapy, swiss shower, hot roman bath, Jacuzzi, hot tub, mineral bath, cold plunge, and others. Application-wise, the market can be bifurcated into pain management, dermatology, cardiology, oncology, and others. In the coming years, cardiology segment is expected to generate significant opportunities over the course of the aforementioned forecast period. In terms of end users, the market can be classified into home care, hospitals, specialty clinics and rehabilitation centers, beauty spas, and fitness centers. Geographically, the U.S. is turning North America as the region with maximum demand potential.
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There as multiple prominent hydropathic centers across the United States, such as Cleveland Water Cure Establishment, which was established more than a century and half ago. Since baby boomers, currently the U.S. is having a major population of geriatrics and thereby, prevalence of arthritis, obesity, and orthopedic diseases is expanding and generating substantial demands.
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