Massage Equipment Statistics - Forecast and Analysis 2023-2027
The massage equipment market has potential to grow at a projected CAGR of 10.54% during the forecast period 2022-2027 by Technavio research analysis. This market research report further predicts the market size growth statistics and according to that, market will grow by USD 17,294.31 million. With such a positive growth projection, market gets a positive outlook, and it further boosts the investors and vendors as well. Thus, it will help vendors strengthen position in the massage equipment market.
The given statistic deduced some factors that will drive the market during forecast period. These factors are known as market drivers and one of them is the growing number of physiotherapy clinics and massage parlors and it helps in the massage equipment market growth. Although some market challenges are there, and they can hamper the market growth such as growing interest toward traditional massage therapies.
Increasing awareness of using portable massage equipment is becoming a major trend in the market. Advance technology used in such massage equipment makes it more desirable among people. Therefore, it increases the revenue of portable massage equipment segment. There are many vendors offering such cutting-edge technology enabled massage equipment. Some are listed below:
- Beurer GmbH
- Human Touch LLC
- Bodyfriend Inc.
- Fujita Massage Chair
- Conair Corp.
- Casada International GmbH
- Luraco Technologies
- Family Inada Co. Ltd.
- HoMedics LLC
- JSB Health and Fitness Pvt. Ltd.
Massage equipment statistics precisely explains the required data analysis however you can also avail the lifetime subscription to cutting-edge market intelligent services and access to thousands of market reports. Don’t miss out on the latest updates and upcoming trends related to the market.
