Global hydrotherapy chairs market is estimated to be valued at USD 239.2 Mn in 2024 and is expected to reach USD 368.7 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
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Rising prevalence of arthritis, neurological disorders and musculoskeletal conditions is expected to boost demand for hydrotherapy chairs. Growing geriatric population who are more prone to such chronic conditions can also drive the market growth. Significant advancements in hydrotherapy chairs technology makes it more effective and comfortable for patients, thus, boosting the popularity of hydrotherapy chairs. Manufacturers are focusing on development of app-based and sensor-enabled hydrotherapy chairs to expand their product portfolio. Increasing healthcare investments and expenditure across major countries can boost adoption of hydrotherapy chairs. However, high costs associated with hydrotherapy equipment and lack of awareness about benefits of hydrotherapy in some regions can hamper the market growth.
Increasing Product Launches by Key Market Players
Increasing adoption of organic growth strategies such as product launches by key market players is expected to drive the market growth over the forecast period. For instance, in May 2021, Arogya Health Care, the most prestigious brand of ARG HEALTH CARE, a company that deals in CE certified personal health care products, launched a wide range of automatic luxury massage chairs coupled with leg and foot massagers in India. Automatic Luxury Massage Chairs launched by Arogya Health Care revolutionizes the massaging mechanism with 3D massage, Infrared Heating, Bluetooth Function and Built-in Control panel. These altogether present a complex technological solution for several direct health benefits such as reduced anxiety and stress with increased blood flow that boosts energy.
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Rising Awareness for Wellness ProductsGrowing awareness about the importance of wellness and preventive healthcare among people can boost demand for hydrotherapy chairs globally. More individuals now understand the significance of relaxing their body and mind on a regular basis to reduce stress levels and boost overall wellness. Long working hours, extensive use of digital devices, and pressures of modern living have made work-life balance challenging for many people, and this has encouraged many people to look for effective solutions to relax their muscles and healing therapies at home itself. Hydrotherapy chairs provide a convenient means for people to indulge in mineral-rich hot water circulation therapy from the comfort of their homes. The therapy relaxes sore muscles, increases blood circulation and reduces stress levels, all of which contribute to wellness. Several studies show how such hydrotherapy sessions help to lower anxiety & improve mood. For instance, in 2021, according to a study published by the World Health Organization (WHO), nearly one billion people globally reported suffering from mental health issues, with stress and anxiety being the most common. This has prompted many people to try natural healing methods like hydrotherapy to cope with such issues.
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