Massage Equipment Market Size, Share | Industry Report, 2022-2028|OGAWA, Inada

 

Massage equipment refers to the integration of traditional Chinese massage and high-tech devices. It developed a machine that can simulate the circulation of blood and help to bring oxygen-rich blood and nutrients to the muscles and other major organs of the body.
Highlights
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Massage Equipment market is projected to reach US$ 41190 million by 2028 from an estimated US$ 21550 million in 2022, at a CAGR of 11.4% during 2023 and 2028.
Global Massage Equipment key players include OGAWA, Inada, BODYFRIEND, Panasonic, OSIM International, etc. Global top five manufacturers hold a share about 15%.
Asia-Pacific is the largest market, with a share about 55%, followed by Europe and North America, both have a share over 35 percent

In terms of product, Massage Chaire is the largest segment, with a share about 40%. And in terms of application, the largest application is Residential, followed by Commercial.

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Complete study of the global Massage Equipment market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenario of the global Massage Equipment industry. Research techniques like PESTLE and Porter's Five Forces analysis have been deployed by the researchers. They have also provided accurate data on Massage Equipment production, capacity, price, cost, margin, and revenue to help the players gain a clear understanding of the overall existing and future market situation.

 
Segmental Analysis

The report has classified the global Massage Equipment industry into segments including product type and application. Every segment is evaluated based on growth rate and share. Besides, the analysts have studied the potential regions that may prove rewarding for the Massage Equipment manufacturers in the coming years. The regional analysis includes reliable predictions on value and volume, thereby helping market players to gain deep insights into the overall Massage Equipment industry.

Global Massage Equipment Market Segment By Type:

Back Massager
Hand-Held Massager
Neck & Shoulder Massager
Leg & Foot Massager
Eye Care Massager
Massage Chair
Others

Global Massage Equipment Market Segment By Application:

Commercial
Residential

Competitive Landscape

It is important for every market participant to be familiar with the competitive scenario in the global Massage Equipment industry. In order to fulfill the requirements, the industry analysts have evaluated the strategic activities of the competitors to help the key players strengthen their foothold in the market and increase their competitiveness.

Key companies operating in the global Massage Equipment market include: OGAWA, Inada, BODYFRIEND, Panasonic, OSIM International, Rotai, Daito-THRIVE, HoMedics, Casada, Beurer, Human Touch, HealthmateForever, JSB Healthcare
 
Key questions answered in the report:

What is the growth potential of the Massage Equipment market?
Which product segment will grab a lion's share?
Which regional market will emerge as a frontrunner in the coming years?
Which application segment will grow at a robust rate?
What are the growth opportunities that may emerge in the Massage Equipment industry in the years to come?
What are the key challenges that the global Massage Equipment market may face in the future?
Which are the leading companies in the global Massage Equipment market?
Which are the key trends positively impacting the market growth?
Which are the growth strategies considered by the players to sustain their hold in the global Massage Equipment market?
 
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This release was published on openPR.