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Hydrotherapy Equipment Market Share, Growth Report 2022 - 2030
Global hydrotherapy equipment market size is expected to be worth roughly USD 4.6 billion by 2030, growing at a CAGR of more than 4% during the projected timeframe of 2022-2030, according to Ameco ResearchThe hydrotherapy equipment market size is anticipated to expand in the coming few years as the use of hydrotherapy in physical treatment and rehabilitation increases, as does the rising trend of aquatic fitness and exercise. Factors such as an aging population, an increase in the incidence of chronic illnesses, and an increase in the desire for non-invasive therapies are further driving the hydrotherapy equipment market growth.
Hydrotherapy, also referred to as therapy or aquatic therapy, involves the use of water for the rehabilitation or treatment of physical diseases or injuries. Hydrotherapy equipment comprises a wide range of devices used in hydrotherapy practice, such as exercise treadmills, pool lifts, resistance jets, buoyancy belts, and other specialized aquatic therapy devices.
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Global Hydrotherapy Equipment Market Trends
The demand for hydrotherapy equipment is predicted to be driven by the aging population, as older people are more likely to be suffering from chronic illnesses that may be addressed with hydrotherapy. The increased incidence of chronic illnesses such as obesity, arthritis, and diabetes will fuel the desire for hydrotherapy equipment. Since hydrotherapy is a non-invasive form of therapy, the growth of the market for it is predicted to boost the demand for hydrotherapy equipment. The increasing popularity of water fitness and exercise is likely to fuel interest in hydrotherapy equipment. The growing popularity of hydrotherapy in emerging nations is likely to boost the hydrotherapy equipment market value. The development of new and enhanced hydrotherapy equipment is projected to open up new business prospects. Opportunities for growth in the market are anticipated due to the rising demand for home hydrotherapy equipment.
Aside from that, the high cost of hydrotherapy equipment is a key market barrier. Furthermore, the industry is constrained by the scarcity of expert professionals who can successfully operate hydrotherapy equipment.
Hydrotherapy Equipment Market Market Companies
Some of the most notable worldwide hydrotherapy equipment market players are Prime Pacific Health Innovations, BTL, Stas Doyer, HydroWorx, Technomex, Transcom, Hydro Physio, EWAC, and Others. These companies provide a diverse range of hydrotherapy equipment for a variety of uses such as physical treatment, rehabilitation, as well as fitness and exercise.
Hydrotherapy Equipment Market Segmentation
Ameco Research has fragmented the global hydrotherapy equipment market by application, type, and end use. By application, the industry is sub-divided into dermatology, pain management, cardiology, and others. The cardiology segment is expected to witness a significant market share in the coming years. Hydrotherapy equipment can be utilized to treat and rehabilitate patients with cardiovascular diseases. Aquatic exercise has been demonstrated to provide various cardiovascular health advantages, including increased cardiovascular endurance, lower blood pressure, and improve cholesterol levels.
In term of type, the market is classified into hydrotherapy pools, hydrotherapy tub/bath, chambers/tanks, underwater treadmill, and others. The hydrotherapy pool segment is expected to grow significantly in the market over the coming years. Hydrotherapy pools are specialized pools used for hydrotherapy, often known as water therapy. These pools are constructed with physical interventions and treatments in mind, including adjustable depth of water, constructed jets or waterfalls, as well as non-slip surfaces. Physical treatment, rehab, training and fitness, and hydrodynamic therapy for youngsters who have developmental delays or other disorders are all possible uses for hydrotherapy pools. Hydrotherapy pools are found in hospitals, rehabilitation institutes, fitness centers, and private homes. Some hydrotherapy pools are movable and can be put up in a number of settings.
Based on the end use, the market is divided into hospitals & rehabilitation centers, spa & wellness centers, and others. According to the hydrotherapy equipment market forecast, the hospitals & rehabilitation centers sector segment is expected to grow extensively in the global market over the next few years.
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Hydrotherapy Equipment Market Regional Outlook
The global hydrotherapy equipment market is divided into several geographical regions: North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa. According to the hydrotherapy equipment industry analysis, North America is expected to experience significant expansion in the coming few years. The region's need for hydrotherapy equipment is being driven by factors such as an aging population, an increase in the prevalence of chronic illnesses, and a rise in the demand for non-invasive therapies. Furthermore, the rising trend of water fitness and exercise is contributing to the expansion of the North American hydrotherapy equipment market share. The United States is the most significant market for hydrotherapy equipment in North America, due to the high incidence of chronic health conditions as well as the growing adoption of hydrotherapy in the nation. Moreover, Canada is a sizable market for hydrotherapy equipment in the area because of the rising desire for non-invasive therapies and the expanding popularity of water exercise and fitness.
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