Massage Equipment Market Poised to Grow at a CAGR of 5.9% by 2024

Massage Equipment Market Poised to Grow at a CAGR of 5.9% by 2024


Infinium Global Research has added a new report on Massage Equipment Market. The report presents analysis of global as well as regional markets of massage equipment market over the period of 2016 to 2024.

Massage is regarded as a mainstream therapy and is now been increasingly recommended by doctors and medical professionals .It is also been recognized as overall wellness program. Pain in back and neck & shoulder are some of the common type of pains found in all ages due to improper sleeping position and poor posture of work. The back, followed by neck & shoulder parts of the body are the most beneficial from massage. Massage therapist are expensive and consumes more time due to hour long appointment. Thus in order to reap massage benefits at one’s own convenient time, massage equipment’s have been developed. Massage equipment includes back massager, neck & shoulder massager, leg & foot massager, eye massager and hand-held massager. These massagers relieves muscle tension & pain, improves sleep, reduces stress & anxiety and decreases inflammation.

 

The global market size of massage equipment market was worth USD XX million and it is projected to reach to USD XX million by 2024. Massage equipment helps in reducing muscle tension and pain that is caused mainly due to tightening of muscles caused during a rigorous workout or due to sitting at desk all day long.  Massage stimulates the circulation of blood and help to bring oxygen-rich blood and nutrients to the muscles and other major organs of the body. It also helps in improving sleep and reduces stress & anxiety levels caused mainly due to work pressure in organizations. Furthermore massage equipment saves time and money, as one does not have to set some time apart from their busy schedule, to book an appointment with therapist. Massage equipment comes in wide range of application that is suitable for people with all ages and can be shared by multiple people. Owing to aforementioned factors, massage equipment market is growing at a steady rate. However, high cost of massager and non-availability of diverse massage equipment’s in developing countries is likely to hinder the growth of the massage equipment market.

 

Development and adoption of handheld massager, owing to its features such as portability and flexibility to create growth opportunities in future for massage equipment market.

Among the geographies, North America held the largest market share in 2017 and is expected to dominate the massage equipment market. U.S is majorly driving the North America market mainly due to presence of massage equipment manufacturers, increased adoption of massage equipment and high disposable income of U.S citizen. Asia Pacific region is expected to grow at the highest CAGR owing to increase manufacturing of handheld electric massager in China. These hand-held massager are being widely adopted primarily due to features like flexibility & portability and it costs less than other massage equipment.

 

Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global massage equipment market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global massage equipment market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1315

 

The recent report identified that North America dominated the global massage equipment market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the massage equipment market worldwide.

 

The report segments the global massage equipment market on the basis of Product Type and End-User.

 

Global Massage Equipment Market by Product Type

·         Back Massager

·         Hand-Held Massager

·         Neck & Shoulder Massager

·         Leg & Foot Massager

·         Eye Care Massager

 

Global Massage Equipment Market by End-User

·         Commercial

·         Residential

 

Companies Profiled in the Report

·         JSB Healthcare

·         OSIM International

·         Panasonic

·         Prospera

·         Beurer

·         Deemark Healthcare

·         HoMedics

·         OMRON

·         International Electro Medical

·         Healthmate Forever

 

About Infinium Global Research

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