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

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.

Frequently asked questions :

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

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

The report is forecasted from 2016-2024.

The base year of this report is 2015.

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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Published Date:  Feb 2017
Category:  Medical Devices
Report ID:   57841
Report Format:   PDF
Pages:   120
Rating:    4.8 (80)
Delivery Time: 24 Hours to 48 Hours   
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