Hydrotherapy / Aquatic Therapy - Pool and Plunge Tank Equipment Market to Grow with a CAGR of 7.25% through 2028

Increasing chronic health conditions and rising aging population are factors driving the Global Hydrotherapy / Aquatic Therapy - Pool and Plunge Tank Equipment Market in the forecast period 2024-2028.

According to TechSci Research report, “Hydrotherapy / Aquatic Therapy - Pool and Plunge Tank Equipment Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Hydrotherapy / Aquatic Therapy - Pool and Plunge Tank Equipment Market stood at USD 441.14 million in 2022 and is anticipated to grow with a CAGR of 7.25% in the forecast period, 2024-2028. Hydrotherapy, or aquatic therapy, has been used for centuries to promote physical and mental well-being. In recent years, this ancient practice has seen a resurgence in popularity, driven by a growing global awareness of the importance of holistic health and wellness. As a result, the global market for hydrotherapy and aquatic therapy equipment, including pool and plunge tank equipment, has experienced significant growth.

One of the primary drivers behind the growth of the hydrotherapy and aquatic therapy equipment market is the increasing emphasis on health and wellness. People are becoming more conscious of the importance of preventive healthcare, maintaining physical fitness, and managing stress. Hydrotherapy offers a unique approach to wellness by combining physical activity with relaxation, making it an attractive option for individuals seeking a holistic approach to health.

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The global population is aging rapidly, with the elderly population growing at an unprecedented rate. As people age, they often face mobility issues, joint pain, and other health challenges. Hydrotherapy provides a low-impact, effective means of rehabilitation and pain management, making it an ideal choice for older adults. The aging population's need for hydrotherapy services has driven the demand for equipment such as hydrotherapy pools and plunge tanks. The prevalence of chronic health conditions, such as obesity, diabetes, and cardiovascular diseases, is on the rise. Aquatic therapy has proven to be highly effective in managing and preventing these conditions. As healthcare providers and individuals alike recognize the benefits of hydrotherapy, the demand for equipment in clinical and home settings has surged.

Athletes and sports enthusiasts are increasingly turning to hydrotherapy for injury rehabilitation and performance enhancement. The buoyancy and resistance offered by water make aquatic therapy an excellent choice for professional athletes and fitness enthusiasts. This has driven the demand for specialized hydrotherapy equipment in sports training facilities and rehabilitation centres.

The Global Hydrotherapy / Aquatic Therapy - Pool and Plunge Tank Equipment Market is segmented into product type, application, end user and company.

Based on product type, the Hydrotherapy Chambers segment has emerged as the predominant market leader. Hospitals and clinics are undeniably central players in the global Hydrotherapy / Aquatic Therapy - Pool and Plunge Tank Equipment market. Modern hydrotherapy chambers come equipped with advanced features, including adjustable water temperature, pressure, and even integrated massage and sensory therapy options. This customization attracts both consumers and healthcare facilities seeking a diverse range of hydrotherapy experiences. As more people become aware of the benefits of hydrotherapy, its acceptance and demand have grown. Physicians and therapists often recommend hydrotherapy as part of holistic treatment plans, further fueling its dominance in the market.

Based on region, North America segment is expected to grow during the forecast period.  North America's leadership in the global hydrotherapy and aquatic therapy pool and plunge tank equipment market is a result of a confluence of factors, including its robust healthcare infrastructure, technological advancements, and increasing demand for holistic treatment options. As the global population continues to age and the awareness of hydrotherapy's benefits spreads, North America's dominance is likely to persist. This trend bodes well for patients and healthcare providers alike, as it ensures the availability of top-quality hydrotherapy equipment and services in the region.

The Asia Pacific region is experiencing rapid market growth. The region’s universities and research institutions have been actively involved in studying the benefits of hydrotherapy. Their research has supported the efficacy of aquatic therapy in numerous medical applications, thereby encouraging its adoption by healthcare professionals.

Major companies operating in Global Hydrotherapy / Aquatic Therapy - Pool and Plunge Tank Equipment Market are:

• SwimEx Inc.
• Hudson Aquatic Systems LLC
• Narang Medical Limited
• Natare Corporation
• Niva Medical Oy
• Accord Medical Products Pvt. Ltd.
• Aqua Product Corporation
• Aquasure UK
• BTL Corporate
• Jacuzzi Brands LLC
• Meden-Inmed Sp. z o.o.
  
  

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“The Global Hydrotherapy/Aquatic Therapy - Pool and Plunge Tank Equipment Market is on an upward trajectory, with a diverse set of drivers propelling its expansion. As the world becomes more health-conscious, the aging population seeks rehabilitation options, and awareness of the physical and mental health benefits of hydrotherapy grows, the demand for aquatic therapy equipment is set to continue rising. With technological advancements and a broadening end-user base, the market is poised for continued growth, making hydrotherapy equipment a significant player in the wellness and healthcare industry.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Hydrotherapy / Aquatic Therapy - Pool and Plunge Tank Equipment Market By Product Type (Hydrotherapy Chambers, Whirlpool Baths, Hydrotherapy Tanks (Full-Body Immersion Tanks, Stainless Tanks, Butterfly Bath), Hydrotherapy Pools), By Application (Pain Management, Cardiology, Dermatology, Oncology, Orthopedics, Pediatrics, Neurology, Bariatrics, Geriatrics), By End user (Hospitals & Clinics, Home Care Setting, Fitness Centers & Beauty Spas, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Hydrotherapy / Aquatic Therapy - Pool and Plunge Tank Equipment Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Hydrotherapy / Aquatic Therapy - Pool and Plunge Tank Equipment Market.

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