June 18, 2024
Hydrotherapy Chairs Market

The Growing Hydrotherapy Chairs Market Driven by Rising Health Awareness Among Consumers

The hydrotherapy chairs market involves products used to provide hydrotherapy treatment through water jets. These chairs have attached water outlets and jets for therapeutic massages. They are widely used in physiotherapy centers, spas, and homes for conditions like muscle pain, stress relief, backache treatment, and rehabilitation.

The global hydrotherapy chairs market is estimated to be valued at US$ 368.7 Mn in 2024 and is expected to exhibit a CAGR of 6.4% over the forecast period 2024 to 2031.

Key players operating in the hydrotherapy chairs market are ProMed Products, EWAC B.V., Reval Group, TruMedical Solutions, Focus Technology Co., Ltd., Aetna Inc., Grayline Medical, Advantage Medical, Invacare Corporation, Medex Supply, Design for Leisure Ltd., HydroMassage, and HydroWorx. These companies offer a wide variety of hydrotherapy chairs with adjustable positions, water jet controls, and portability features. The increasing demand for physiotherapy and pain management treatments due to rising health awareness is a major factor driving the need for hydrotherapy chairs across various end-use industries.

Key Takeaways

Key players: Key players operating in the hydrotherapy chairs market are ProMed Products, EWAC B.V., Reval Group, TruMedical Solutions, Focus Technology Co., Ltd., Aetna Inc., Grayline Medical, Advantage Medical, Invacare Corporation, Medex Supply, Design for Leisure Ltd., HydroMassage, and HydroWorx.

Key opportunities: The growing deployment of hydrotherapy chairs in hospitals, physiotherapy centers, rehabilitation clinics, nursing homes, and spas is creating widespread opportunities for market players. Additionally, the rising awareness about therapeutic benefits and cost-effectiveness of hydromassage is fueling market revenue.

Global expansion: Leading manufacturers are focused on expanding their global footprint through new product launches, collaborations, and acquisitions. For instance, ProMed Products recently acquired HydroWorx to strengthen its market presence in North America. Meanwhile, Invacare Corporation is targeting Asian markets.

Market drivers: The major market driver is the increasing adoption of alternative treatment methods and rising popularity of wellness tourism. Hydrotherapy chairs are gaining prominence for their effectiveness in relieving stress, improving blood circulation, relaxing muscles, and speeding up recovery from injuries or surgeries. The overall economic benefits offered make them highly attractive.

PEST Analysis

Political: The Hydrotherapy Chairs Market Demand is influenced by regulations concerning healthcare facilities and medical device approvals. Changes in healthcare policies and reimbursement scenario may impact demand.

Economic: Increasing discretionary spending on wellness and healthcare has been driving sales of hydrotherapy chairs. Economic growth has enabled more consumers and institutions to invest in advanced therapeutic and rehabilitation equipment.

Social: Growing elderly population and prevalence of orthopedic conditions is raising social awareness about therapeutic options like hydrotherapy. More people are accepting hydrotherapy as an alternative treatment for pain relief and rehabilitation.

Technological: Manufacturers are focusing on infrared and chromotherapy features, app-controlled operation, and improved ergonomics in new products. Advances in material sciences allow for lightweight yet durable designs suited for both commercial and home settings.

The geographical regions where the hydrotherapy chairs market in terms of value is concentrated includes North America and Western Europe. The availability of advanced healthcare infrastructure along with high adoption of hydrotherapy among the population helps drive market revenues.

The Asia Pacific region is projected to be the fastest growing market for hydrotherapy chairs during the forecast period. Factors such as the rising geriatric population, increasing healthcare expenditure, growing awareness about hydrotherapy benefits, and improving access to modern medical technologies are fueling regional market demand.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it