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Hot And Cold Therapy Packs Market By Product (Hot Packs, Moist Therapy Packs, Localized Heating And Cooling Pads) – Growth, Share, Opportunities & Competitive Analysis, 2016 – 2024

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Published: | Report ID: 7187 | Report Format : PDF

Market Insights

Hot and cold therapy packs are medical products that provide comfort from pain arising from injury or other causes. The global market for hot and cold therapy packs is driven by increased injury incidences resulting in pain, a rise in the geriatric population, and a preference for non-invasive pain management methods. Development in manufacturing technologies and online vending have also facilitated the growth of this market. The future growth of the hot and cold packs market will be determined by the need for safer pain management modalities against pharmaceuticals. In addition, growth in chronic and restricting illnesses is another prime driver of this market. Populous countries form the largest markets for these products.

The report titled “Hot and Cold Therapy Packs Market – Growth, Future Prospects, and Competitive Analysis, 2016–2024” offers strategic insights into the overall hot and cold therapy packs market along with the market size and estimates for the duration of 2016 to 2024. The said research study covers an in-depth analysis of multiple market segments based on the type of product and different geographies. The product type segment studied for analyzing the overall global hot, and cold therapy packs market is majorly segmented into hot packs, cold packs, moist therapy packs, localized heating, and cooling pads.

Geographically, the global hot and cold therapy packs market is studied for the following regional markets:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Market size and forecast for these regional and country-level markets are presented in this study for 2014-2024. In addition, market growth rates for the forecast period 2016-2024 are also included in this report, considering 2015 as the base year.

Along with quantitative information, qualitative information sets and assessment tools are provided in this study for a better analysis of the overall market scenario and prospects. Information such as market inclination insights and drivers, challenges, and opportunities assists the readers in understanding the ongoing trends in the global hot and cold therapy packs market. Furthermore, tools such as market positioning of key players and attractive investment propositions provide the readers with insights into the competitive scenario of the global hot and cold therapy packs market. This report concludes with a company profiles section highlighting major information about the key players engaged in the Global Hot and Cold Therapy Packs market. In-depth competitive environment analysis and historical years (2014) market size data are also provided in the report.

Based on the type of product, the Global Hot and Cold Therapy Packs Market is segmented as follows:

  • Hot Packs
  • Cold Packs
  • Moist Therapy Packs
  • Localized Heating and Cooling Pads

The cold pack segment currently dominates the overall hot and cold therapy packs market, as it is the first line of treatment for injuries and the most effective pain relief treatment. It relieves pain, inflammation, and swelling due to an injury or other condition. Moist heat therapy is preferred over dry heat therapy due to its advantages over dry therapy, such as increased tissue elasticity, less skin irritation, and deep penetration into the skin. Localized heating and cooling pads are the fastest growing market due to ease of use, portability, use of electrical power to regulate the temperature, and competitive costs.

For this study, the global hot and cold therapy packs market is geographically categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

North America was observed as the largest market for hot and cold therapy packs in the base year 2015. North America dominated the market due to the aging population, advanced sports medicine practices, and initiatives in the U.S. and Canada. On the other hand, Asia Pacific was observed as an attractive hot and cold therapy pack market due to the swift development of healthcare infrastructure, rising awareness about non-surgical pain management techniques, and rising disposable income in the countries like China, India, Australia, the Philippines, etc.

Chapter 1 Preface 9
1.1 Report Description 9
1.1.1 Purpose of the Report 9
1.1.2 Target Audience 9
1.1.3 USP and Key Offerings 9
1.2 Research Scope 10
1.3 Research Methodology 11
1.3.1 Phase I – Secondary Research 11
1.3.2 Phase II – Primary Research 12
1.3.3 Phase III – Expert Panel Review 12
1.3.4 Assumptions 13

Chapter 2 Executive Summary 14
2.1 Hot and Cold Therapy Packs Market Portraiture 14
2.2 Hot and Cold Therapy Packs Market, by Product Type, 2015 (US$ Mn) 15
2.3 Hot and Cold Therapy Packs Market, by Geography, 2015 (Value %) 16

Chapter 3 Global Hot and Cold Therapy Packs Market Analysis 17
3.1 Global Hot and Cold Therapy Packs Market Overview 17
3.2 Market Dynamics 17
3.2.1 Market Drivers 17
3.2.1.1 Increasing incidences of pain inducing injuries 17
3.2.1.2 Rise in geriatric population 18
3.2.2 Challenges 19
3.2.2.1 Fragmented market and lack of product innovation 19
3.2.3 Opportunities 19
3.2.3.1 Increasing preference for home based pain management 19
3.2.3.2 Online marketing and sale of the hot and cold packs are assisting the market growth 19
3.3 Attractive Investment Proposition 20
3.4 Competitive Analysis: Global Hot and Cold Therapy Packs Market, 2015 (Value %) 22

Chapter 4 Global Hot and Cold Therapy Packs Market, By Product Type 23
4.1 Overview 23
4.2 Hot Packs 24
4.3 Cold Packs 25
4.4 Moist Therapy Packs 26
4.5 Localized Heating and Cooling Pads 27

Chapter 5 Company Profiles 29
5.1 3M Company 29
5.2 Beiersdorf Australia Ltd. 30
5.3 Breg, Inc. 31
5.4 Bruder Healthcare Company, Inc. 32
5.6 Caldera International, Inc. 33
5.7 Cardinal Health 34
5.7 Carex Health Brands 35
5.8 Chattanooga Group, Inc. 36
5.9 Core Products International, Inc. 37
5.10 Corso Enterprises, Inc. 38
5.11 Covidien plc. 39
5.12 DJO Global, Inc. 40
5.13 Employ+Ability, Inc. 41
5.14 Halyard Health, Inc. 42
5.15 Kobayashi Pharmaceutical Co., Ltd. 43
5.16 Medline Industries, Inc. 44
5.17 Modular Thermal Technologies, Inc. 45
5.18 Pfizer, Inc. 46
5.19 The Mentholatum Company 47
5.20 Thermionics Corp. 48

List Of Figure

FIG. 1 Hot and Cold Therapy Packs Market: Research Methodology 11
FIG. 2 Hot and Cold Therapy Packs Market, by Type of Device, 2015 (US$ Mn) 15
FIG. 3 Hot and Cold Therapy Packs Market, by Geography, 2015 (Value %) 16
FIG. 4 Attractive Investment Proposition 20
FIG. 5 Competitive Analysis: Global Hot and Cold Therapy Packs Market, 2015 (Value %) 22
FIG. 6 Global Hot Therapy Packs Market (US$ Mn), 2014-2024 24
FIG. 7 Global Cold Therapy Packs Market (US$ Mn), 2014-2024 25
FIG. 8 Global Moist Therapy Packs Market (US$ Mn), 2014-2024 26
FIG. 9 Global Localized Heating and Cooling Pads Market (US$ Mn), 2014-2024 28

List Of Table

TABLE 1 Global Hot and Cold Therapy Packs Market, By Type (US$ Mn), 2014 – 2024 (Value) 23
TABLE 2 3M Company: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 29
TABLE 3 Beiersdorf Australia Ltd.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 30
TABLE 4 Breg, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 31
TABLE 5 Bruder Healthcare Company, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 32
TABLE 6 Caldera International, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 33
TABLE 7 Cardinal Health: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 34
TABLE 8 Carex Health Brands: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 35
TABLE 9 Chattanooga Group, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 36
TABLE 10 Core Products International, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 37
TABLE 11 Corso Enterprises, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 38
TABLE 12 Covidien plc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 39
TABLE 13 DJO Global, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 40
TABLE 14 Employ+Ability, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 41
TABLE 15 Halyard Health, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 42
TABLE 16 Kobayashi Pharmaceutical Co., Ltd.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 43
TABLE 17 Medline Industries, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 44
TABLE 18 Modular Thermal Technologies, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 45
TABLE 19 Pfizer, Inc.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 46
TABLE 20 The Mentholatum Company: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 47
TABLE 21 Thermionics Corp.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage) 48

Frequently Asked Questions :

What is the size of Hot And Cold Therapy Packs Market?

The market for Hot And Cold Therapy Packs Market is expected to reach US$ XX Bn by 2024.

What is the Hot And Cold Therapy Packs Market CAGR?

The Hospital Acquired Disease Testing Market is expected to see significant CAGR growth over the coming years, at XX%.

What is the Forecast period considered for Hot And Cold Therapy Packs Market?

The report is forecasted from 2016-2024.

What is the base year considered for Hot And Cold Therapy Packs Market?

The base year of this report is 2015.

Who are the major players in this market?

3M Company 29, Beiersdorf Australia Ltd. 30, Breg, Inc. 31, Bruder Healthcare Company, Inc. 32, Caldera International, Inc. 33 are some of the major players in the global market.

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