Research Nester has released a report titled “United States Massage Chair Market – Regional Demand Analysis & Opportunity Outlook 2027” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.
U.S. Department of Health and Human Services, in one of its statistics, stated that in the year 2017 in the United States, around 17.3 million adults or 7.1% of all U.S. adults were estimated to have at least one major depressive episode. Moreover, the World Health Organization, in one of its statistics, stated that stress is anticipated to be the second leading cause among the total list of health issues by the year 2020.
The statistics portray the rising concern for various health issues faced by the working professionals on the back of increasing work-related stress. Growing occurrences of health diseases, for instance high blood pressure, depression, poor blood circulation and anxiety amongst others is raising the need amongst the working class to follow a healthy lifestyle by using products that promote good health, such as, massage chairs. Massage chairs are known to relieve stress and anxieties, the key drivers behind the increasing health diseases. Additionally, numerous benefits provided by the massage chairs on the back of rising technological advancements that provides the recipient enhanced experience are some of the factors anticipated that are driving the growth of the U.S. massage chair market.
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The market is anticipated to record a CAGR of 6.1% during the forecast period, i.e. 2019-2027. The U.S. massage chair market is further slated to achieve USD 1745.0 million by 2027 from USD 1040.1 million in 2018 and a Y-o-Y growth rate of 6.61% in the year 2027 as compared to previous year. The U.S. massage chair market is segmented by type into traditional and robotic. Among these segments, the robotic segment is anticipated to hold the largest market share and is anticipated to achieve a CAGR of 7.0% during the forecast period owing to the benefits shared by the robotic massage chair, which makes the device a preferred choice amongst the massage recipients. Robotic massage chairs are equipped with pre-program massage techniques and provide an easy to use interface to the user. Further, the massage recipient can also use the robotic massage chairs at their own convenience. All such factors are anticipated to contribute significantly towards the growth of the segment in the U.S. massage chair market.
However, concerns for high product cost thereby impacting the sales of the product is estimated to act as a barrier to the growth of the U.S. massage chair market over the forecast period.
This report also studies existing competitive scenario of some of the key players of the United States massage chair market, which includes profiling of Daiwa Massage Chair, Kahuna Massage Chair, Luraco, Human Touch, Infinity Massage Chairs, Cozzia USA, RELAXONCHAIR, Family Inada Co., Ltd., Titan Chair LLC, HoMedics USA LLC, FUJIIRYOKI, and Johnson Health Tech (SYNCA) (TPE: 1736).
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The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “United States Massage Chair Market – Regional Demand Analysis & Opportunity Outlook 2027”, analyses the overall United States massage chair industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the United States massage chair market in the near future.
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