Global Hydrotherapy Appliances Market By Product Type (Hydrotherapy Chambers, Hydrotherapy Tanks, Whirl Pool Baths, Others), Applications (Oncology, Cardiology, Dermatology, Pain Management, Others), End-User (Hospitals, Physiotherapy & Specialty Clinics, Rehabilitation & Fitness Centers, Beauty Spas, Home-Care, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Hydrotherapy Appliances Market
Global hydrotherapy appliances market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the growing levels of physical accidents requiring various physiotherapy methods for rehabilitation purposes.
Market Definition: Global Hydrotherapy Appliances Market
Hydrotherapy appliances are the various equipments and devices designed to apply hydrotherapy mode of treatment for patients. This mode of treatment involves flow of liquids, solids and vapor on the patient in a variety of temperatures, time period and areas of application to cause pain relief. This treatment mode is commonly provided as a part of naturopathy.
- Rapid growth of geriatric population worldwide is driving the market growth
- Increase in the levels of various applicable disorders for these equipments; this factor is expected to propel the market growth
- High demands for rehabilitation therapies after various treatment procedures such as surgeries, chemotherapies and radiation will also boost the market growth
- Lack of standardized reimbursement schemes and policies is restricting the market growth
- Dearth of trained individuals required for the utilization and maintenance of these equipments; this factor is expected to hinder the growth of the market
- High costs for these equipments is expected to act as a restraint for the growth of the market
Segmentation: Global Hydrotherapy Appliances Market
By Product Type
- Hydrotherapy Chambers
- Hydrotherapy Tanks
- Whirl Pool Baths
- Pain Management
- Physiotherapy & Specialty Clinics
- Rehabilitation & Fitness Centers
- Beauty Spas
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Rest of South America
- Middle East and Africa
- South Africa
- Saudi Arabia
- Rest of Middle East and Africa
Key Developments in the Market:
- In September 2018, HydroWorx announced that they had acquired HydroTrack which will help the company in providing expanded levels of product offerings in relation to hydrotherapy therapeutic segment with limited product offerings and solutions currently present in the market. This acquisition will act as a valuable complement for the existing product offerings of HydroWorx helping provide innovative hydrotherapy solutions to provide pain-free environment
- In October 2019, Cleaswell Hill School announced the inauguration of their latest hydrotherapy pool which is expected to have a significant impact on the lifestyle of children of the region suffering from various physical disabilities. The pool includes modernized lighting technologies, pressure and temperature modifying capabilities helping deliver a highly safe therapeutic environment for pupils
Global hydrotherapy appliances market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of hydrotherapy appliances market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global hydrotherapy appliances market are Prime Pacific Health Innovations; Lifestream; MTI Baths; Westcoast Hydrotherapy Ltd; EWAC; BTL; Dynatronics Corporation; Narang Medical Limited; HydroWorx; Whitehall Manufacturing among others.
Research Methodology: Global Hydrotherapy Appliances Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
- Current and future of global hydrotherapy appliances market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)