Hydrotherapy Equipment Market Size, Share & Trends Report

Hydrotherapy Equipment Market Size, Share & Trends Analysis Report By Type (Pools, Tub/Bath), By Application (Cardiology, Pain Management), By End Use, By Region, And Segment Forecasts, 2020 - 2027

  • Published Date: May, 2020
  • Base Year for Estimate: 2019
  • Report ID: GVR-4-68038-682-0
  • Format: Electronic (PDF)
  • Historical Data: 2016 - 2018
  • Number of Pages: 100

Report Overview

The global hydrotherapy equipment market size was valued at USD 2.8 billion in 2019 and is expected to register a compound annual growth rate (CAGR) of 4.2% over the forecast period from 2020 to 2027. Rising cases of spinal cord injuries and applications in rehabilitation services and sports training are expected to drive market growth. According to a study published by the Journal of Education, Health, and Sports, in 2019, hydrotherapy reduces pain, the clinical symptoms of the nervous system diseases, and improves the quality of life. The study also states that the therapy is omnidirectional in its mechanism; among other things, it improves autonomic nervous system activities, induces muscle relaxation, and exhibits positive effects on segmental spine mechanisms.

U.S. hydrotherapy equipment market size

The adoption of hydrotherapy is increasing, which boosts the demand for hydrotherapy equipment. The equipment manufacturers are expanding their global presence and diversifying their product portfolio to cater to the rising demand. For instance, in June 2017, Jacuzzi acquired BathWraps and Hydropool Hot Tubs Inc., which helped Jacuzzi in diversifying its product portfolio and increasing global presence.

Some regions have set guidelines regarding the regulation and use of these equipment. For instance, in the U.S., the Healthcare Infection Control Practices Advisory Committee (HICPAC) and CDC’s Division of Healthcare Quality Promotion provide guidelines regarding disinfection and cleaning practices to be followed while providing hydrotherapy for patients with burns, wounds, and other non-intact skin conditions.

The manufacturers have undertaken activities for the promotion of hydrotherapy, which, in turn, boosts their business. For instance, EWAC conducts workshops to provide training and education regarding hydrotherapy to increase the sales of its products.

Type Insights

The hydrotherapy pools segment led the overall market in 2019 accounting for over 38% of the global share. Based on types, the market is divided into chambers/tanks, pools, tub/bath, underwater treadmill, and others. Hydrotherapy pools is estimated to be the largest type segment, in terms of revenue share, over the forecast period.

On the other hand, the hydrotherapy tub/bath segment is expected to witness the fastest growth rate from 2020 to 2027. Technological advancements and increasing applications of hydrotherapy in diverse applications is leading to innovation in hydrotherapy equipment. In November 2019, HydroWorx launched the rejuvenate line of plunges, majorly for use in athletic recovery programs.

Application Insights

The pain management segment dominated the market in 2019 and accounted for 33.9% of the total share. The segment is projected to retain its leading position throughout the forecast period. Increasing awareness has resulted in the adoption of hydrotherapy in pain management for the treatment of various indications.

The aquatic environment is ideal for athletic training as it imparts less fatigue and joint stress as compared to land-based training. However, the cardiology segment is expected to witness the fastest CAGR from 2020 to 2027 due to rising usage of hydrotherapy for the treatment of cardiac patients.

End Use Insights

The spas & wellness centers segment accounted for the largest share of over 51% in 2019. On the basis of end use, the market has been divided into hospitals & rehabilitation centers, spa & wellness centers, and others. The spas & wellness centers provide treatments for pain relief and overall health improvement.

Global hydrotherapy equipment market share

On the other hand, hospitals & rehabilitation centers segment is anticipated to witness the fastest CAGR over the forecast period as these centers provide targeted hydrotherapies for various medical conditions. The property of water enables patients to conduct intense workouts with less joint pressure and stress and helps improve the range of motion. Hence, therapy is gaining popularity as a rehabilitation procedure.

Regional Insights

North America led the market in 2019 and held a share of 39% in the same year. The positive reimbursement scenario along with lesser hydrotherapy expenditure as compared to other prevalent treatment options is likely to boost the region’s growth. Increasing awareness regarding the health benefits of aquatic therapy for injured and disabled people is likely to drive the market.

On the other hand, Asia Pacific is estimated to witness the maximum CAGR over the forecast period. Rising awareness regarding hydrotherapy equipment along with increasing healthcare expenditure is expected to contribute to the market growth in this region.

Key Companies & Market Share Insights

The equipment manufacturers are adopting strategies, such as product launch and mergers and acquisitions, to strengthen their foothold in the global market. To increase the customer base, manufacturers are partnering with hydrotherapy service providers for the supply of equipment. Some of the prominent players in the hydrotherapy equipment market include:

  • EWAC

  • HydroWorx

  • Prime Pacific Health Innovations

  • BTL

  • Hydro Physio

  • Technomex

  • Stas Doyer

  • Transcom

  • Sidmar Manufacturing, Inc.

  • SwimEx

  • Kohler Co.

  • Narang Medical Ltd.

  • Jacuzzi, Inc.

  • Accord Medical Products

Hydrotherapy Equipment Market Report Scope

Report Attribute

Details

Market size value in 2020

USD 2.9 billion

Revenue forecast in 2027

USD 3.8 billion

Growth Rate

CAGR of 4.2% from 2020 to 2027

Base year for estimation

2019

Historical data

2016 - 2018

Forecast period

2020 - 2027

Quantitative units

Revenue in USD Million and CAGR from 2020 to 2027

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Type, application, end use, region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Japan; China; India; Brazil; Mexico; South Africa

Key companies profiled

EWAC; HydroWorx; Prime Pacific Health Innovations; BTL; Hydro Physio; Technomex; Stas Doyer; Transcom; Sidmar Manufacturing, Inc.; SwimEx; Kohler Co.; Narang Medical Ltd.; Jacuzzi, Inc.; Accord Medical Products

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options


Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the subsegments from 2016 to 2027. For the purpose of this study, Grand View Research has segmented the global hydrotherapy equipment market report based on type, application, end use, and region:

  • Type Outlook (Revenue, USD Million, 2016 - 2027)

    • Chambers/Tanks

    • Hydrotherapy Pools

    • Hydrotherapy Tub/Bath

    • Underwater Treadmill

    • Others

  • Application Outlook (Revenue, USD Million, 2016 - 2027)

    • Cardiology

    • Dermatology

    • Pain Management

    • Others

  • End-use Outlook (Revenue, USD Million, 2016 - 2027)

    • Hospitals & Rehabilitation Centers

    • Spa & Wellness Centers

    • Others

  • Regional Outlook (Revenue, USD Million, 2016 - 2027)

    • North America

      • The U.S.

      • Canada

    • Europe

      • The U.K.

      • Germany

      • France

      • Italy

      • Spain

    • Asia Pacific

      • Japan

      • China

      • India

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa

      • South Africa

Frequently Asked Questions About This Report

Pricing & Purchase Options

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified