The global hydrotherapy equipment market size was exhibited at USD 3.25 billion in 2023 and is projected to hit around USD 4.63 billion by 2033, growing at a CAGR of 3.6% during the forecast period 2024 to 2033.
Report Coverage | Details |
Market Size in 2024 | USD 3.37 Billion |
Market Size by 2033 | USD 4.63 Billion |
Growth Rate From 2024 to 2033 | CAGR of 3.6% |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Segments Covered | Type, Application, End use, Region |
Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
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 |
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 2023, 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.
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.
The hydrotherapy pools segment led the overall market in 2023 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 2024 to 2033. Technological advancements and increasing applications of hydrotherapy in diverse applications is leading to innovation in hydrotherapy equipment. In November 2023, HydroWorx launched the rejuvenate line of plunges, majorly for use in athletic recovery programs.
The pain management segment dominated the market in 2023 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 2024 to 2033 due to rising usage of hydrotherapy for the treatment of cardiac patients.
The spas & wellness centers segment accounted for the largest share of over 51% in 2023. 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.
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.
North America led the market in 2023 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.
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the global hydrotherapy equipment market
Type
Application
End-use
Regional