Sound Therapy Market Size was valued at USD 2 Billion in 2022. The Sound Therapy market industry is projected to grow from USD 2.1 Billion in 2023 to USD 3.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.80% during the forecast period (2023 - 2032). Relieving both physical and psychological pain, getting relief from common ailments, and improving fetal development are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for sound therapy is driven by the rising relief from physical and psychological pain. Relaxation is sound therapy's main objective. Songs with slower transitions, lower frequencies, and deep melodies are ideal for soothing noises. Researchers at the University of California found that meditation using Tibetan bowls greatly decreased tensions and anger, especially in those new to the practice. Low-frequencies sound therapy was found to increase the number of times participants could sit and stand pain-free in another trial, including fibromyalgia patients.
Stress is a major cause of many ailments today, and sound therapy can help reduce these symptoms. Anxiety and stress can cause symptoms, including depression, joint pain, high blood pressure, and stomach discomfort. The sounds produce a therapeutic environment where the mind and body can heal in tandem. Sound therapy has been shown to improve sleep quality, reduce blood pressure and chronic pain, lower cholesterol, and reduce the risk of heart disease.
Additionally, Music stimulates a newborn's increased receptivity. In further research, Music has been shown to improve feeding rates, lower and maintain a steady heart rate, promote fetal weight gain, and promote deeper sleep. Music influences the positive behaviour of newborns. Moreover, excessive stress in pregnant women can stunt the growth of the fetus. Singing and Music have a calming impact on the pregnant woman and the unborn child, which helps the child grow up healthy and happy. All forms of Music encourage early brain development in the fetus because they stimulate the connections between neurons in the brain. As a result, it is anticipated that throughout the projection period, demand for sound therapy will increase due to the rising demand for relieving physical and psychological pain. Thus, driving the Sound Therapy market revenue.
The Sound Therapy Market segmentation, based on therapy type, includes guided meditation, neurologic music therapy, bonny method, nordoff-robbins, tuning fork, and brainwave entertainment. The brainwave entertainment segment dominated the market, accounting for the maximum market revenue. A method for synchronizing brain waves with a particular stimulus takes the shape of a pattern in sound or vision. Brain waves are synchronized with isochronic tones. Certain mental states are believed to be enhanced by isochronic tones and other types of brain wave entertainment. Brainwave development could help with several things, such as encouraging sound sleep, reducing tension and anxiety, and improving mood, pain perception, memory, meditation, and focus.
The Sound Therapy Market segmentation, based on application, includes Tinnitus & Hearing, Children & Learning, Emotional & Stress Relief, And Others. The tinnitus & hearing category generated the most income. A medical condition called tinnitus is characterized by sounds or ringing in one or both ears. Most people cannot hear the noise, and outside sounds do not produce it. Tinnitus is a prevalent problem. It is more common in older persons and affects 15% to 20% of the population. Over 50 million Americans suffer from tinnitus, with almost 20 million cases classified as chronic, according to the American Tinnitus Association. Since sound therapies successfully treat tinnitus, more people choose to use them, fostering the growth of the sound therapy business.
Figure 1: Sound Therapy Market, by Application, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Sound Therapy market will dominate this market, owing to an increase in awareness of the beneficial effects of sound therapy. In addition, the growing demand for sound therapy and fitness facilities will boost market growth in this region.
Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: SOUND THERAPY MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Sound Therapy market accounts for the second-largest market share due to the rising analysis of the effectiveness of sound therapies on individuals. Further, the German Sound Therapy market held the largest market share, and the UK Sound Therapy market was the fastest-growing market in the European region.
The Asia-Pacific Sound Therapy Market is expected to grow at the fastest CAGR from 2023 to 2032 due to expanding awareness of sound therapy and rising per capita disposable income. Moreover, China's Sound Therapy market held the largest market share, and the Indian Sound Therapy market was the fastest-growing market in the Asia-Pacific region.
Sound Therapy Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Sound Therapy market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Sound Therapy industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Sound Therapy industry to benefit clients and increase the market sector. In recent years, the Sound Therapy industry has offered some of the most significant advantages to physical and mental ailments. Major players in the Sound Therapy market, including Soundscape, Sound Therapy HK, Red Doors Studio, Ikigai, Soul Sanctuaries, The Singing Bowl Gallery, Alchemie Boutique, White Space Wellness Studio, Fivelements Pte Ltd., SUNU, Mind Body Music Center, Rooted in Sound, and others, are attempting to increase market demand by investing in research and development operations.
Spoke World Ltd. is a live company that was incorporated on April 15, 2019, and its registered office is in London, Greater London. For four years, Spoke World Ltd. has been in operation. As of March 1, 2023, the most recent confirmation statement produced, there are three active directors. On its platform, Music is combined with mindfulness. This therapeutic approach encourages people to accept and acknowledge their thoughts, feelings, and physical sensations while focusing on awareness of the present moment. The organization wants to teach more musicians how to make Music that can improve the next generation's mental health. In February 20222, Spoke, which has developed a music therapy app for Generation Z, received $1.5 million in a round led by Ada Ventures. A new piece of software called Spoke produces Music with "mindfulness advantages". The app, which combines Music with mindfulness prompts, is the product of 18 months of study and development with contemporary musicians and scientific advisors. It is especially targeted at Gen Z, or people under the age of 25, who are frequently turned off by more "middle-aged" mindfulness apps and movements.
The Great Northern Telegraph Company was established in Denmark in June 1869. It was formed by the amalgamation of three newly founded telegraph firms, which Carl Fredrik Tietgen, the Danish industrial entrepreneur, had started. The corporation's goal was to establish a global telegraph company. GN Store Nord A/S and GN Audio A/S make up the GN Group. GN creates and produces smart audio, video, gaming, and hearing products. In more than 100 markets worldwide, GN's products are markets under the names ReSound, Jabra, SteelSeries, Interton, Danavox, and FalCom. In August 2022, the launch of ReSound OMNIA, which offers much improved hearing in noisy surroundings, maximum comfort, and a seamless connection to the devices, was announced by GN Hearing, a global leader in intelligent audio solutions.
Key Companies in the Sound Therapy market include
Sound Therapy Industry Developments
October 2022: Coworth Park unveiled a brand-new Hebridean sound treatment. With the use of sound therapy- which is meant to be calming, soothing, and euphoric-the treatment offers a brief period of recovery.
January 2021: Vscan Air TM, a state-of-the-art wireless pocket-sized ultrasound with crystal-clear image quality, whole-patient scanning capabilities, and user-friendly software, will be distributed to US veterinary practices by GE HealthCare and Sound Technologies, the leading global veterinary imaging provider.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 2 Billion |
| Market Size 2023 | USD 2.1 Billion |
| Market Size 2032 | USD 3.9 Billion |
| Compound Annual Growth Rate (CAGR) | 7.80% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Therapy Type, Application, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Soundscape, Sound Therapy HK, Red Doors Studio, Ikigai, Soul Sanctuaries, The Singing Bowl Gallery, Alchemie Boutique, White Space Wellness Studio, Fivelements Pte Ltd, SUNU, Mind Body Music Center, Rooted In Sound |
| Key Market Opportunities | · Increasing global population · Awareness regarding Sound Therapy |
| Key Market Dynamics | · Relief in both physical and psychological pain · Growing fetal development |
Frequently Asked Questions (FAQ) :
The Sound Therapy Market size was valued at USD 2 Billion in 2022.
The global market is projected to grow at a CAGR of 7.80% during the forecast period, 2023-2032.
North America had the largest share of the global market
The key players in the market are Soundscape, Sound Therapy HK, Red Doors Studio, Ikigai, Soul Sanctuaries, The Singing Bowl Gallery, Alchemie Boutique, White Space Wellness Studio, Fivelements Pte Ltd, SUNU, Mind Body Music Center, Rooted In Sound.
The brainwave entertainment category dominated the market in 2022.
Tinnitus & hearing had the largest share in the global market.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Assistant Manager He holds an experience of about 7+ years in market research and business consulting, working under the spectrum of life sciences and healthcare domains. rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. his expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. in addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
