The benefits of aquatic therapy for post-op patients are creating a vast scope of cumulative growth opportunities for stakeholders in the hydrotherapy / aquatic therapy – pool and plunge tank equipment market. It has been found that, early aquatic therapy is highly recommended for post-op patients. As such, the application of aquatic therapy devices for orthopedics is predicted to account for a substantial part of the production in the hydrotherapy / aquatic therapy – pool and plunge tank equipment market, with an estimated output of ~9,000 units by the end of 2027. Thus, companies in the landscape are increasing their efforts to meet the needs of post-op patients.
Companies in the hydrotherapy / aquatic therapy – pool and plunge tank equipment market are paving the way for exponential growth with the introduction of innovative hydrotherapy techniques and products that are extremely safe and reliable for early intervention post-ops. Since patients are always wary of the possibility of their wounds getting infected, companies are educating healthcare providers about appropriate wound waterproofing techniques. They are also educating healthcare providers about regulating water chemistry levels in aquatic therapy pools. Companies in the hydrotherapy / aquatic therapy – pool and plunge tank equipment market are laying emphasis on the routine checks and treatment of water to avoid any risks of waterborne pathogen transmission.
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Ideation of Innovative Pool Design Concepts Play Key Role in Attracting Customers
Innovations in hydrotherapy pool room designs are making the competition fierce in the hydrotherapy / aquatic therapy – pool and plunge tank equipment market. As such, hydrotherapy pools are projected to account for the second-highest revenue amongst all products in the hydrotherapy / aquatic therapy – pool and plunge tank equipment market, with a value of ~US$ 80 million by the end of 2027. Hence, companies are introducing novel pool designs that are equipped with robust filtration systems and environmental control. For instance, Kohler Waters Spa – a provider of hydrotherapy treatments, announced the launch of a new spa in Chicago, which is built with intricate design elements to provide customers with a therapeutic and rejuvenating experience.
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Increase in Incidences of Sports Injuries to Drive Market
- Sports injuries occur while performing exercises or during sports, and hydrotherapy / aquatic therapy is a treatment that helps sportspersons or athletes recover from these injuries. Various factors can lead to sports injuries, which include insufficient warm-up and accidents. These water-based treatments or therapeutic intent, in particular, are meant for relaxation, fitness, and physical rehabilitation, and this is anticipated to be a driving factor for the hydrotherapy / aquatic therapy – pool and plunge tank equipment market.
- According to the National Institute of Arthritis and Musculoskeletal and Skin Diseases (NIAMS), nearly 2.6 million children aged below 19 years of age are treated each year for sports and recreation-related injuries in the U.S.
- Sedentary lifestyles and unhealthy diets are leading to increased rates of obesity and diabetes, besides pediatric, chronic, orthopedics, accident injuries, and other conditions, globally. These factors are expected to drive the hydrotherapy / aquatic therapy – pool and plunge tank equipment market during the forecast period.
Rise in Number of Private Hospitals, Wellness Centers, and Clinics to Create Lucrative Opportunities
- Investments in building private hospitals, wellness centers, rehabilitation centers, clinics, etc., are increasing rapidly in developing economies. In developing countries, patients are relying on private healthcare organizations for health-related issues due to the rise in the standard of living and proper facilities provided by private hospitals and rehabilitation centers. This is anticipated to create lucrative opportunities for manufacturers in the hydrotherapy / aquatic therapy – pool and plunge tank equipment market in the near future.
- Continuous increase in awareness about the health benefits of hydrotherapy / aquatic therapy across the globe is expected to create huge opportunities for manufacturers in the hydrotherapy / aquatic therapy – pool and plunge tank equipment market during the forecast period. Hydrotherapy can support the restoration of functions in several areas of sports medicine, joint arthroplasty, orthopedics, work conditioning, and back injury rehabilitation programs.
- The hydrotherapy / aquatic therapy – pool and plunge tank equipment market is still untapped in Asia Pacific and the Middle East & Africa. Several expansion opportunities exist for manufacturers in the hydrotherapy / aquatic therapy – pool and plunge tank equipment market to cater to these untapped markets.
High Cost of Hydrotherapy / Aquatic Therapy – Pool and Plunge Tank Equipment: A Key Restraint
- The high cost of hydrotherapy / aquatic therapy – pool and plunge tank equipment such as full body immersion tanks and pools remains a major concern, especially in developing economies. Hence, high expenditure on the installation of hydrotherapy / aquatic therapy – pool and plunge tank equipment acts as a major barrier in the adoption of hydrotherapy / aquatic therapy.
Hydrotherapy / Aquatic Therapy – Pool and Plunge Tank Equipment Market: Competition Landscape
- Key players operating in the hydrotherapy / aquatic therapy – pool and plunge tank equipment market include
- SwimEx
- Hydroworx
- Hudson Aquatic Systems LLC
- EWAC Medical
- Endless Pools
- Narang Medical Limited
- Natare Pool Corporation
- Niva Medical Oy
- Preston Pools
- Technomex
- Accord Medical Products Pvt. Ltd.
- Aqua Product Corporation
- Aquasure UK
- BTL Corporate
- Hydro Physio
- Jacuzzi Inc.
- Meden-Inmed
- Master Spas.
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