Hot And Cold Therapy Packs Market
Hot and Cold Therapy Packs - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Hot and Cold Therapy Packs Market is accounted for $1237.38 million in 2018 and is expected to reach $2917.67 million by 2027 growing at a CAGR of 10.0% during the forecast period. Rise in inclination for non-invasive pain management approaches, and, increase in the geriatric population vulnerable to chronic illnesses are the major factors propelling the market growth. However, factors such as growing adoption of herbal and reusable packs, and lack of product innovation are hampering the market growth.
Hot and cold therapies are one of the effective, easiest, and least expensive treatment to relieve swelling and pain in different parts of the body. These are rational, passive, non-invasive forms of therapy to manage pain. Heat therapy leads to vasodilation, which in turn increases the blood flow in the affected tissues. The increase in blood flow in the target area provides required oxygen and other nutrients, thus accelerating the healing process, while the heat reduces muscle spasm and relaxes stretched muscles leading to pain relief. Heat or thermotherapy is generally used to treat chronic pain such as low back pain, spinal, neck pain, neuropathic pain, and other muscular spasms. Cold therapy or cryotherapy calms down damaged tissues, causes vasoconstriction, which reduces blood circulation and also numbs the nerves decreasing inflammation, pain, and muscle spasm. Cold or cryotherapy is generally used to treat acute pain caused due to injuries such as runner’s knee and freshly pulled muscle.
Based on the type, the cold packs segment is going to have a lucrative growth during the forecast period as it is the first line of treatment for injuries and the most effective pain relief treatment. Cold packs are good for sprains, bumps, strains and bruises that occur in sports or during physical training sessions.
By geography, North America is going to have a lucrative growth during the forecast period due to the well-established healthcare infrastructure in the region, high adoption of hot & cold therapy packs for sports injuries as well as presence of large populace suffering from chronic pain. Moreover, increasing number of innovative product launches is also contributed from North America acting as a driver for the region to dominate the global market.
Some of the key players profiled in the Hot and Cold Therapy Packs Market include 3M Company, Breg, Inc, Cardinal Health, Inc, Carex Health Brands, Halyard Health, Medline Industries, Inc, Medtronic plc, Pfizer, Inc, Bruder Healthcare Company, Inc, Core Products International, Modular Thermal Technologies, Inc, The Mentholatum Company, and Thermionics Corp.
Types Covered:
• Hot Packs
• Cold Packs
• Moist Therapy Packs
• Localized Heating and Cooling Pads
• Gel Packs
• Instant Packs
• Bottle System
• Patches
• Wraps
• Spray
• Cream
Applications Covered:
• Accidents
• Injury
• Mastitis
• Pain Management
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Hot and Cold Therapy Packs Market, By Type
5.1 Introduction
5.2 Hot Packs
5.3 Cold Packs
5.4 Moist Therapy Packs
5.5 Localized Heating and Cooling Pads
5.6 Gel Packs
5.7 Instant Packs
5.8 Bottle System
5.9 Patches
5.10 Wraps
5.11 Spray
5.12 Cream
6 Global Hot and Cold Therapy Packs Market, By Application
6.1 Introduction
6.2 Accidents
6.3 Injury
6.4 Mastitis
6.5 Pain Management
6.5.1 Muscle Spasms
6.5.2 Joint Stiffness
6.5.3 Low Back Pain
6.5.4 Muscle Aches
7 Global Hot and Cold Therapy Packs Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 3M Company
9.2 Breg, Inc
9.3 Cardinal Health, Inc
9.4 Carex Health Brands
9.5 Halyard Health
9.6 Medline Industries, Inc
9.7 Medtronic plc
9.8 Pfizer, Inc
9.9 Bruder Healthcare Company, Inc
9.10 Core Products International
9.11 Modular Thermal Technologies, Inc
9.12 The Mentholatum Company
9.13 Thermionics Corp
List of Tables
1 Global Hot and Cold Therapy Packs Market Outlook, By Region (2017-2027) ($MN)
2 Global Hot and Cold Therapy Packs Market Outlook, By Type (2017-2027) ($MN)
3 Global Hot and Cold Therapy Packs Market Outlook, By Hot Packs (2017-2027) ($MN)
4 Global Hot and Cold Therapy Packs Market Outlook, By Cold Packs (2017-2027) ($MN)
5 Global Hot and Cold Therapy Packs Market Outlook, By Moist Therapy Packs (2017-2027) ($MN)
6 Global Hot and Cold Therapy Packs Market Outlook, By Localized Heating and Cooling Pads (2017-2027) ($MN)
7 Global Hot and Cold Therapy Packs Market Outlook, By Gel Packs (2017-2027) ($MN)
8 Global Hot and Cold Therapy Packs Market Outlook, By Instant Packs (2017-2027) ($MN)
9 Global Hot and Cold Therapy Packs Market Outlook, By Bottle System (2017-2027) ($MN)
10 Global Hot and Cold Therapy Packs Market Outlook, By Patches (2017-2027) ($MN)
11 Global Hot and Cold Therapy Packs Market Outlook, By Wraps (2017-2027) ($MN)
12 Global Hot and Cold Therapy Packs Market Outlook, By Spray (2017-2027) ($MN)
13 Global Hot and Cold Therapy Packs Market Outlook, By Cream (2017-2027) ($MN)
14 Global Hot and Cold Therapy Packs Market Outlook, By Application (2017-2027) ($MN)
15 Global Hot and Cold Therapy Packs Market Outlook, By Accidents (2017-2027) ($MN)
16 Global Hot and Cold Therapy Packs Market Outlook, By Injury (2017-2027) ($MN)
17 Global Hot and Cold Therapy Packs Market Outlook, By Mastitis (2017-2027) ($MN)
18 Global Hot and Cold Therapy Packs Market Outlook, By Pain Management (2017-2027) ($MN)
19 Global Hot and Cold Therapy Packs Market Outlook, By Muscle Spasms (2017-2027) ($MN)
20 Global Hot and Cold Therapy Packs Market Outlook, By Joint Stiffness (2017-2027) ($MN)
21 Global Hot and Cold Therapy Packs Market Outlook, By Low Back Pain (2017-2027) ($MN)
22 Global Hot and Cold Therapy Packs Market Outlook, By Muscle Aches (2017-2027) ($MN)
23 North America Hot and Cold Therapy Packs Market Outlook, By Country (2017-2027) ($MN)
24 North America Hot and Cold Therapy Packs Market Outlook, By Type (2017-2027) ($MN)
25 North America Hot and Cold Therapy Packs Market Outlook, By Hot Packs (2017-2027) ($MN)
26 North America Hot and Cold Therapy Packs Market Outlook, By Cold Packs (2017-2027) ($MN)
27 North America Hot and Cold Therapy Packs Market Outlook, By Moist Therapy Packs (2017-2027) ($MN)
28 North America Hot and Cold Therapy Packs Market Outlook, By Localized Heating and Cooling Pads (2017-2027) ($MN)
29 North America Hot and Cold Therapy Packs Market Outlook, By Gel Packs (2017-2027) ($MN)
30 North America Hot and Cold Therapy Packs Market Outlook, By Instant Packs (2017-2027) ($MN)
31 North America Hot and Cold Therapy Packs Market Outlook, By Bottle System (2017-2027) ($MN)
32 North America Hot and Cold Therapy Packs Market Outlook, By Patches (2017-2027) ($MN)
33 North America Hot and Cold Therapy Packs Market Outlook, By Wraps (2017-2027) ($MN)
34 North America Hot and Cold Therapy Packs Market Outlook, By Spray (2017-2027) ($MN)
35 North America Hot and Cold Therapy Packs Market Outlook, By Cream (2017-2027) ($MN)
36 North America Hot and Cold Therapy Packs Market Outlook, By Application (2017-2027) ($MN)
37 North America Hot and Cold Therapy Packs Market Outlook, By Accidents (2017-2027) ($MN)
38 North America Hot and Cold Therapy Packs Market Outlook, By Injury (2017-2027) ($MN)
39 North America Hot and Cold Therapy Packs Market Outlook, By Mastitis (2017-2027) ($MN)
40 North America Hot and Cold Therapy Packs Market Outlook, By Pain Management (2017-2027) ($MN)
41 North America Hot and Cold Therapy Packs Market Outlook, By Muscle Spasms (2017-2027) ($MN)
42 North America Hot and Cold Therapy Packs Market Outlook, By Joint Stiffness (2017-2027) ($MN)
43 North America Hot and Cold Therapy Packs Market Outlook, By Low Back Pain (2017-2027) ($MN)
44 North America Hot and Cold Therapy Packs Market Outlook, By Muscle Aches (2017-2027) ($MN)
45 Europe Hot and Cold Therapy Packs Market Outlook, By Country (2017-2027) ($MN)
46 Europe Hot and Cold Therapy Packs Market Outlook, By Type (2017-2027) ($MN)
47 Europe Hot and Cold Therapy Packs Market Outlook, By Hot Packs (2017-2027) ($MN)
48 Europe Hot and Cold Therapy Packs Market Outlook, By Cold Packs (2017-2027) ($MN)
49 Europe Hot and Cold Therapy Packs Market Outlook, By Moist Therapy Packs (2017-2027) ($MN)
50 Europe Hot and Cold Therapy Packs Market Outlook, By Localized Heating and Cooling Pads (2017-2027) ($MN)
51 Europe Hot and Cold Therapy Packs Market Outlook, By Gel Packs (2017-2027) ($MN)
52 Europe Hot and Cold Therapy Packs Market Outlook, By Instant Packs (2017-2027) ($MN)
53 Europe Hot and Cold Therapy Packs Market Outlook, By Bottle System (2017-2027) ($MN)
54 Europe Hot and Cold Therapy Packs Market Outlook, By Patches (2017-2027) ($MN)
55 Europe Hot and Cold Therapy Packs Market Outlook, By Wraps (2017-2027) ($MN)
56 Europe Hot and Cold Therapy Packs Market Outlook, By Spray (2017-2027) ($MN)
57 Europe Hot and Cold Therapy Packs Market Outlook, By Cream (2017-2027) ($MN)
58 Europe Hot and Cold Therapy Packs Market Outlook, By Application (2017-2027) ($MN)
59 Europe Hot and Cold Therapy Packs Market Outlook, By Accidents (2017-2027) ($MN)
60 Europe Hot and Cold Therapy Packs Market Outlook, By Injury (2017-2027) ($MN)
61 Europe Hot and Cold Therapy Packs Market Outlook, By Mastitis (2017-2027) ($MN)
62 Europe Hot and Cold Therapy Packs Market Outlook, By Pain Management (2017-2027) ($MN)
63 Europe Hot and Cold Therapy Packs Market Outlook, By Muscle Spasms (2017-2027) ($MN)
64 Europe Hot and Cold Therapy Packs Market Outlook, By Joint Stiffness (2017-2027) ($MN)
65 Europe Hot and Cold Therapy Packs Market Outlook, By Low Back Pain (2017-2027) ($MN)
66 Europe Hot and Cold Therapy Packs Market Outlook, By Muscle Aches (2017-2027) ($MN)
67 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Country (2017-2027) ($MN)
68 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Type (2017-2027) ($MN)
69 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Hot Packs (2017-2027) ($MN)
70 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Cold Packs (2017-2027) ($MN)
71 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Moist Therapy Packs (2017-2027) ($MN)
72 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Localized Heating and Cooling Pads (2017-2027) ($MN)
73 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Gel Packs (2017-2027) ($MN)
74 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Instant Packs (2017-2027) ($MN)
75 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Bottle System (2017-2027) ($MN)
76 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Patches (2017-2027) ($MN)
77 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Wraps (2017-2027) ($MN)
78 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Spray (2017-2027) ($MN)
79 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Cream (2017-2027) ($MN)
80 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Application (2017-2027) ($MN)
81 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Accidents (2017-2027) ($MN)
82 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Injury (2017-2027) ($MN)
83 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Mastitis (2017-2027) ($MN)
84 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Pain Management (2017-2027) ($MN)
85 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Muscle Spasms (2017-2027) ($MN)
86 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Joint Stiffness (2017-2027) ($MN)
87 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Low Back Pain (2017-2027) ($MN)
88 Asia Pacific Hot and Cold Therapy Packs Market Outlook, By Muscle Aches (2017-2027) ($MN)
89 South America Hot and Cold Therapy Packs Market Outlook, By Country (2017-2027) ($MN)
90 South America Hot and Cold Therapy Packs Market Outlook, By Type (2017-2027) ($MN)
91 South America Hot and Cold Therapy Packs Market Outlook, By Hot Packs (2017-2027) ($MN)
92 South America Hot and Cold Therapy Packs Market Outlook, By Cold Packs (2017-2027) ($MN)
93 South America Hot and Cold Therapy Packs Market Outlook, By Moist Therapy Packs (2017-2027) ($MN)
94 South America Hot and Cold Therapy Packs Market Outlook, By Localized Heating and Cooling Pads (2017-2027) ($MN)
95 South America Hot and Cold Therapy Packs Market Outlook, By Gel Packs (2017-2027) ($MN)
96 South America Hot and Cold Therapy Packs Market Outlook, By Instant Packs (2017-2027) ($MN)
97 South America Hot and Cold Therapy Packs Market Outlook, By Bottle System (2017-2027) ($MN)
98 South America Hot and Cold Therapy Packs Market Outlook, By Patches (2017-2027) ($MN)
99 South America Hot and Cold Therapy Packs Market Outlook, By Wraps (2017-2027) ($MN)
100 South America Hot and Cold Therapy Packs Market Outlook, By Spray (2017-2027) ($MN)
101 South America Hot and Cold Therapy Packs Market Outlook, By Cream (2017-2027) ($MN)
102 South America Hot and Cold Therapy Packs Market Outlook, By Application (2017-2027) ($MN)
103 South America Hot and Cold Therapy Packs Market Outlook, By Accidents (2017-2027) ($MN)
104 South America Hot and Cold Therapy Packs Market Outlook, By Injury (2017-2027) ($MN)
105 South America Hot and Cold Therapy Packs Market Outlook, By Mastitis (2017-2027) ($MN)
106 South America Hot and Cold Therapy Packs Market Outlook, By Pain Management (2017-2027) ($MN)
107 South America Hot and Cold Therapy Packs Market Outlook, By Muscle Spasms (2017-2027) ($MN)
108 South America Hot and Cold Therapy Packs Market Outlook, By Joint Stiffness (2017-2027) ($MN)
109 South America Hot and Cold Therapy Packs Market Outlook, By Low Back Pain (2017-2027) ($MN)
110 South America Hot and Cold Therapy Packs Market Outlook, By Muscle Aches (2017-2027) ($MN)
111 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Country (2017-2027) ($MN)
112 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Type (2017-2027) ($MN)
113 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Hot Packs (2017-2027) ($MN)
114 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Cold Packs (2017-2027) ($MN)
115 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Moist Therapy Packs (2017-2027) ($MN)
116 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Localized Heating and Cooling Pads (2017-2027) ($MN)
117 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Gel Packs (2017-2027) ($MN)
118 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Instant Packs (2017-2027) ($MN)
119 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Bottle System (2017-2027) ($MN)
120 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Patches (2017-2027) ($MN)
121 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Wraps (2017-2027) ($MN)
122 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Spray (2017-2027) ($MN)
123 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Cream (2017-2027) ($MN)
124 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Application (2017-2027) ($MN)
125 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Accidents (2017-2027) ($MN)
126 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Injury (2017-2027) ($MN)
127 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Mastitis (2017-2027) ($MN)
128 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Pain Management (2017-2027) ($MN)
129 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Muscle Spasms (2017-2027) ($MN)
130 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Joint Stiffness (2017-2027) ($MN)
131 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Low Back Pain (2017-2027) ($MN)
132 Middle East & Africa Hot and Cold Therapy Packs Market Outlook, By Muscle Aches (2017-2027) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
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