Hydrotherapy Equipment Market

Hydrotherapy Equipment Market - Global Industry Analysis, Size, Growth, Trends and Forecast 2017 - 2025

Hydrotherapy is the external or internal application of water in liquid, solid, and vapor (water, ice, and steam) forms at various temperatures, duration, and sites for treatment of diseases. Hydrotherapy, a part of naturopathy, is also known as water cure and is used for pain relief. Hydrotherapy can be used in the treatment of different types of soft tissue and bone injuries, and neuromuscular conditions. This therapy is beneficial in various conditions such as pain relief, muscle spasm reduction, musculoskeletal conditions, and head injuries.

The global hydrotherapy equipment market is projected to experience steady growth during the forecast period. Increase in the number of spinal cord injuries is one of the major factors driving the market. High patient preference for non-invasive pain management therapies has increased demand for hydrotherapy equipment. Rapid adoption of the equipment by sports and athletes associations, favorable reimbursement scenarios, and captivating product features such as versatile and more convenient to use for surgeons and physicians are the other factors expected to drive the global market from 2017 to 2025. Furthermore, favorable regulations by government, increase in the number of sports injuries, rise in unhealthy lifestyles, technologically advanced equipment such as portable devices, and surge in geriatric population vulnerable to pain are the major factors likely to propel the global hydrotherapy equipment market during the forecast period. Increase in pricing pressure is one of the factors likely to restrain the global hydrotherapy equipment market.

The global hydrotherapy equipment market can be segmented based on product type, application, end-user, and region. In terms of product type, the global market can be categorized into hydrotherapy chambers, hydrotherapy tanks, whirl pool baths, and others. Based on application, the global hydrotherapy equipment market can be divided into oncology, cardiology, dermatology, pain management, and others. Cardiology is anticipated to be the fastest growing segment owing to high prevalence of cardiovascular conditions. In terms of end-user, the global market can be classified into hospitals, home care settings, specialty clinics, fitness centers, and beauty spas. The specialty clinics segment is expected to capture significant share of the global market during the forecast period due to usage of therapies in different applications.

Surge in Incidence of Sports Injuries to Propel Hydrotherapy Equipment Market

The worldwide hydrotherapy equipment market is expected to rise steadily during the forecast period. One of the primary factors driving the global hydrotherapy equipment market is the rising incidence of sports injuries caused by sporting activities. As a result, various sports associations are quickly adopting this equipment, boosting the hydrotherapy equipment market throughout the forecast period. According to a paper published in the Journal of Education, Health, and Sports in 2019, hydrotherapy reduces discomfort, clinical symptoms of neurological illnesses, and improves the quality of life. According to the study, the therapy's mechanism is omnidirectional, as it enhances autonomic nervous system functions, causes muscular relaxation, and has a great impact on segmental spine processes. Furthermore, the expanding geriatric population worldwide is anticipated to propel the hydrotherapy equipment market during the projected period.

In addition, continued technological advances in the product, as well as an increase in the number of awareness campaigns to educate people about hydrotherapy, particularly in developed countries, are anticipated to bolster market expansion in the future years. Several organizations are launching projects to promote treatment awareness and uptake by providing public access to hydrotherapy pools. Associations like the Climatotherapy (FEMTEC) and the World Federation of Hydrotherapy hold events such as symposiums and conferences to bring the healthcare community together to promote hydrotherapy.

North America is expected to hold a substantial share of the worldwide hydrotherapy equipment market during the forecast period. The United States is anticipated to be the largest revenue generator in hydrotherapy equipment market in North America. This is due to the United States' high health spending among other developed areas of the world. Furthermore, the high frequency of musculoskeletal problems in the United States is likely to drive regional market growth over the projection period. Asia Pacific, on the other hand, is expected to develop rapidly throughout the forecast period due to the region's growing senior population, with Japan having the world's largest geriatric population. Moreover, growing government spending on enhancing healthcare services is expected to boost the hydrotherapy equipment market throughout the projected period.

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