North American Market Forecast
North America industry is estimated to account for largest revenue share of 40% by 2037. The people in this region are switching from opioids to non-pharmacologic therapies such as hydrotherapy for pain relief. Demand for hydrotherapy equipment in the region is expected to grow to meet the growing need for non-pharmacologic therapy. Besides, the North American region has a well-established healthcare infrastructure, including hospitals, rehabilitation centers, and wellness facilities. Hydrotherapy is utilized majorly in the healthcare sector for physical therapy, rehabilitation, and pain management. As per a recent analysis, there are more than 6,000 hospitals in the United States, as of 2023
APAC Market Statistics
The Asia Pacific hydrotherapy equipment market is poised to grow at a notable rate, resulting in around 23% share by the end of 2037. Market growth is likely to be driven by increasing investment in healthcare. For example, many countries are investing in health care, including Vietnam, which has invested heavily in its public health system, resulting in a significant and rapid increase in health spending across the Asia-Pacific region.
Moreover, the market in the region is predicted to be influenced by the rising popularity of therapeutic hydrotherapy, particularly after post-operative or cardiovascular operations. To raise knowledge and acceptance of treatment, a number of organizations are launching projects by making hydrotherapy pools accessible to the general public in the region.
Author Credits: Dhruv Bhatia
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