June 13, 2024
Hydrotherapy Chairs Market

Hydrotherapy Chairs Market is Estimated to Witness High Growth Owing to Rising Application in Physiotherapy and Rehabilitative Care

The global hydrotherapy chairs market is gaining traction owing to increasing application in physiotherapy and rehabilitative care. Hydrotherapy chairs allow therapists to treat patients with a wide range of musculoskeletal conditions by combining water flow and traction. Rising cases of arthritis, joint disorders, and back pain have boosted demand for hydrotherapy chairs as they effectively provide heat therapy, massage, traction, and range of motion without pain or discomfort.

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 Takeaways

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., and HydroWorx.
The key opportunities in the market include rising geriatric population, advancement in therapeutic care, and growing demand from home care settings and hospitals. Technological developments such as motorized chairs, digital flow control, and adjustable hydro-pulses are enhancing hydrotherapy effectiveness.

Market Drivers

Rising prevalence of musculoskeletal disorders is a key driver for the Hydrotherapy Chairs Market Share. According to WHO, low back pain is among the leading causes of disability worldwide and accounts for over 33% of all musculoskeletal disorders. Hydrotherapy’s non-invasive nature and pain-free healing process is increasing its adoption in treating such disorders. Moreover, favorable reimbursement policies and increasing healthcare expenditure are expected to propel the market during the forecast period.

Current challenges in Hydrotherapy Chairs Market:

The hydrotherapy chairs market is facing various challenges like growing demand for multifunctional healthcare equipment, high cost associated with hydrotherapy equipment and therapies and lack of skilled professionals. Hydrotherapy requires skilled therapists or technicians to operate the equipment and conduct therapy sessions. Shortage of trained staff poses difficulty for facilities to provide optimal hydrotherapy services. Furthermore, the high cost of hydrotherapy equipment and sessions makes it inaccessible for many. This prohibits faster market growth rate.

SWOT Analysis

Strength: Hydrotherapy chairs offer non-invasive treatment option for a variety of health conditions like back pain, arthritis etc. They providerelaxation and pain relief without use of drugs.
Weakness: High equipment and maintenance cost of hydrotherapy chairs limits its adoption. Lack of reimbursement coverage in many countries is another weakness.
Opportunity: Rising geriatric population worldwide increases need for pain relief therapies. Growing awareness about hydrotherapy benefits presents opportunities.
Threats: Stiff competition from other pain relief alternatives like massage, spa therapy poses threats. Economic slowdowns can negatively impact market growth.

Geographical Regions

North America currently holds the largest share of hydrotherapy chairs market due to higher healthcare spending and presence of major players. Growing obesity rates and awareness levels support regional market growth. Asia Pacific is expected witness fastest growth over forecast period. Rising medical tourism in India and China along with improving healthcare infrastructure will drive regional demand.

Fastest growing region for Hydrotherapy Chairs market is Asia Pacific owing to rapidly developing healthcare facilities, increasing healthcare investments, growing geriatric population and medical tourism in countries like India and China. Economic growth and rising chronic disease prevalence in the region provides impetus to regional market expansion.

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