(MENAFN- America News Hour) Research Nester published a report titled “ hydrotherapy equipment market : Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global hydrotherapy equipment market in terms of market segmentation by type, application, end user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global hydrotherapy equipment market is estimated to occupy a sizeable revenue by growing at a CAGR of ~4% during the forecast period, i.e., 2022 – 2031, ascribing to the rising occurrence of spinal cord injuries worldwide, and ongoing technological advancements related to the product. Along with these, increasing applications of hydrotherapy in sports training and rehabilitation services, and surge in the number of elderly people across the globe are also expected to drive the growth of the market in the forthcoming years.
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The market is segmented by type, application and end user. Based on application, the pain management segment is anticipated to acquire the largest share during the forecast period in view of the mounting awareness regarding the benefits of hydrotherapy for pain management. Additionally, by end user, the spa & wellness centers segment is projected to grab the largest share over the forecast period attributing to the increasing availability of treatments that offer pain relief and overall health improvement in a wellness facility.
Geographically, the global
hydrotherapy equipment market size
is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. Asia Pacific is evaluated to witness noteworthy growth in the market during the forecast period attributing to the escalating healthcare spending in the region. Moreover, the market in North America is assessed to acquire the largest share over the forecast period on the back of the presence of well-established healthcare infrastructure, and growing preference of people to opt for hydrotherapy for pain management in the region.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players' competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Growing Application of the Products in Sports Training and Rehabilitation Services to Bolster Market Growth
Over the last few years, the popularity of hydrotherapy in rehabilitation services and sports training has witnessed a notable surge owing to its benefits, such as promotion of muscle relaxation with decreased muscle spasm, and increased ease of joint motion. This in turn is predicted to drive market growth significantly in the near future.
However, expensiveness of hydrotherapy equipment is expected to operate as key restraint to the growth of the global hydrotherapy equipment market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global hydrotherapy equipment market which includes company profiling of Jacuzzi, Inc., Kohler Co., Narang Medical Ltd., Sidmar Manufacturing, Inc., HydroWorx International, Inc., Prime Pacific Health Innovations Corporation, TECHNOMEX, SYSPAL Ltd, Stas Doyer, Raysut Cement Company, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global hydrotherapy equipment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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