PUBLISHER: The Business Research Company | PRODUCT CODE: 1597040
PUBLISHER: The Business Research Company | PRODUCT CODE: 1597040
Contrast therapy units are devices used in physical therapy and rehabilitation that deliver both hot and cold temperatures to targeted areas of the body. They are equipped with specialized technology to precisely control and regulate the temperature. Many contrast therapy units come with programmable settings, allowing for customization based on the patient's specific needs.
The primary types of contrast therapy units are portable and stationary. Portable units are compact, mobile devices designed to offer alternating hot and cold treatments for therapeutic purposes. These units are utilized in various areas such as pain management, rehabilitation, and sports medicine, and are employed by a range of end-users, including hospitals, physiotherapy clinics, sports facilities, and home care environments.
The contrast therapy units market research report is one of a series of new reports from The Business Research Company that provides contrast therapy units market statistics, including contrast therapy units industry global market size, regional shares, competitors with a contrast therapy units market share, detailed contrast therapy units market segments, market trends, and opportunities, and any further data you may need to thrive in the contrast therapy units industry. This contrast therapy units research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The contrast therapy units market size has grown strongly in recent years. It will grow from $12.97 billion in 2023 to $14.14 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth during the historical period can be attributed to the rising number of individuals engaging in fitness programs, the increase in lifestyle-related disorders and chronic pain conditions, the expansion of the home healthcare sector, growing investments in healthcare infrastructure and physiotherapy centers, and the rising demand for rehabilitation solutions.
The contrast therapy units market size is expected to see strong growth in the next few years. It will grow to $21.12 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The projected growth during the forecast period can be attributed to the rising number of individuals participating in fitness programs, the increase in lifestyle-related disorders and chronic pain conditions, the expansion of the home healthcare sector, growing investments in healthcare infrastructure and physiotherapy centers, and the increasing demand for rehabilitation solutions. Key trends expected during this period include the integration of smart technology, advancements in therapeutic technologies, innovations in temperature control, the use of smart temperature sensors, and the adoption of infrared heating technology.
The growing demand for rehabilitation solutions is anticipated to drive the expansion of the contrast therapy unit market. Rehabilitation solutions encompass a variety of interventions and services aimed at helping individuals recover, maintain, or improve their functional abilities following health challenges, injuries, or disabilities. This rising demand is fueled by demographic changes, increasing health conditions, and evolving public perceptions. Contrast therapy units, which alternate between hot and cold therapies, provide an effective approach to enhancing recovery, reducing inflammation, and improving mobility, making them a crucial tool for patient rehabilitation. For example, in December 2023, statistics from the UK's Office for Health Improvement & Disparities reported that the number of individuals starting treatment for powder cocaine issues grew by 10% from 2022 to 2023, rising from 21,298 to 23,529. Consequently, the increasing demand for rehabilitation solutions is contributing to the growth of the contrast therapy unit market.
Leading companies in the contrast therapy unit market are focusing on developing innovative products, such as contrast therapy tubs, to improve therapeutic outcomes, enhance patient comfort, and offer more versatile, user-friendly treatments. Contrast therapy tubs are specialized devices used to alternate between hot and cold water immersion, which aids in reducing inflammation, improving circulation, and promoting healing. For instance, in September 2024, Wind River Spas, a US-based luxury spa company, introduced the Contrast8 Contrast Therapy Tub. This tub is designed for alternating hot and cold water therapy, a technique known as contrast therapy. The Contrast8 tub is recognized for its ability to alleviate pain, swelling, and inflammation while enhancing circulation and muscle recovery. By alternating temperatures, it stimulates the autonomic nervous system, helping to improve mobility and reduce muscle soreness.
In August 2024, Plunge, a US-based provider of cold therapy products, formed a partnership with SweatHouz (SWTHZ) to increase the availability and accessibility of contrast therapy and cold plunge treatments. This collaboration aims to leverage the resources and expertise of both companies to expand the adoption of these therapies. SweatHouz (SWTHZ) is a US-based company that specializes in contrast therapy units.
Major companies operating in the contrast therapy units market are Avanos Medical Inc., Breg Inc., Zynex Medical Inc., Hyperice Inc., Therabody, Kinex Medical Company LLC, Shock Doctor Inc., ThermoTek Inc., Zimmer MedizinSysteme GmbH, Mettler Electronics Corp., BioCompression Systems Inc., Vive Health, Polar Products Inc., Kelvi, H3Pelvic Therapy Systems Inc., Naugramedical, TruMedical Solutions LLC, Medco Sports Medicine, Opton Medical, Nagem Orthopedics and Recovery LLC
North America was the largest region in the contrast therapy units market in 2023. The regions covered in the contrast therapy units market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the contrast therapy units market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The contrast therapy units market consists of sales of portable cryotherapy and heat units, and air compression therapy units. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Contrast Therapy Units Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on contrast therapy units market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for contrast therapy units ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The contrast therapy units market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.