PUBLISHER: Acute Market Reports | PRODUCT CODE: 1180650

PUBLISHER: Acute Market Reports | PRODUCT CODE: 1180650

Hot And Cold Therapy Packs Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030

PUBLISHED: August 22, 2022

PAGES: 120 Pages

DELIVERY TIME: 1-2 business days

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Hot and cold therapy packs market is expected to grow at 10.0% by 2030. Hot and cold therapy packs are medical products that provide comfort from pain arising through injury or other causes. The global market for hot and cold therapy packs is driven by growth in injury incidences resulting in pain, rise in geriatric population, and 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 hot and cold packs market will be determined by the need for safer pain management modalities as against pharmaceuticals. Growth in chronic and restricting illnesses is another prime driver of this market. Populous countries form the largest markets for these products.

Cold Packs are Dominating the Market

The cold packs 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 is used to relieve pain, inflammation, and swelling due to injury or other conditions. Moist heat therapy is preferred over dry heat therapy due to advantages over dry therapy such as increase in the tissue elasticity and less skin irritation and deep penetration into the skin. Localized heating and cooling pads are the fastest-growing market, due to factors such as ease of use, portability, use of electrical power to regulate the temperature and competitive costs.

The largest market holder: North America

North America was observed as the largest market for hot and cold therapy packs in the base year 2021. North America dominated the market due to aging population, advanced sports medicine practices, and initiatives in the U.S. and Canada. Asia Pacific was observed as an attractive market in the hot and cold therapy packs market due to emerging healthcare infrastructure, rising awareness about the non-surgical pain management techniques and rising disposable income in the countries like China, India, and Australia.

Market Competition Assessment:

The leading key players in the hot and cold therapy packs market are Caldera International, Inc. Cardinal Health, Kobayashi Pharmaceutical Co. Ltd. Halyard Health, Chattanooga Group, Inc. 3M Company, and others.

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Hot And Cold Therapy Packs market are as follows:

Research and development budgets of manufacturers and government spending

Revenues of key companies in the market segment

Number of end users and consumption volume, price and value.

Geographical revenues generate by countries considered in the report:

Micro and macro environment factors that are currently influencing the Hot And Cold Therapy Packs market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Product Type

Hot Packs

Cold Packs

Moist Therapy Packs

Localized Heating and Cooling Pads

Region Segment (2020-2030; US$ Million)

North America

U.S.

Canada

Rest of North America

UK and European Union

Germany

Spain

Italy

France

Rest of Europe

Asia Pacific

China

Japan

India

Australia

South Korea

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East and Africa

GCC

Africa

Rest of Middle East and Africa

Global Impact of COVID-19 Segment (2020-2021; US$ Million )

Pre COVID-19 situation

Post COVID-19 situation

Key questions answered in this report:

What are the key micro and macro environmental factors that are impacting the growth of Hot And Cold Therapy Packs market?

What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?

Estimated forecast and market projections up to 2030.

Which segment accounts for the fastest CAGR during the forecast period?

Which market segment holds a larger market share and why?

Are low and middle-income economies investing in the Hot And Cold Therapy Packs market?

Which is the largest regional market for Hot And Cold Therapy Packs market?

What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?

Which are the key trends driving Hot And Cold Therapy Packs market growth?

Who are the key competitors and what are their key strategies to enhance their market presence in the Hot And Cold Therapy Packs market worldwide?

Product Code: 136835-08-22

1. Preface

1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted

2. Executive Summary

2.1. Market Snapshot: Global Hot And Cold Therapy Packs Market
2.2. Global Hot And Cold Therapy Packs Market, By Product Type, 2021 (US$ Million)
2.3. Global Hot And Cold Therapy Packs Market, By Geography, 2021 (US$ Million)
2.4. Attractive Investment Proposition by Geography, 2021

3. Hot And Cold Therapy Packs Market: Competitive Analysis

3.1. Market Positioning of Key Hot And Cold Therapy Packs Market Vendors
3.2. Strategies Adopted by Hot And Cold Therapy Packs Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2021 Versus 2030

4. Hot And Cold Therapy Packs Market: Macro Analysis & Market Dynamics

4.1. Introduction
4.2. Global Hot And Cold Therapy Packs Market Value, 2020 - 2030, (US$ Million)
4.3. Market Dynamics
- 4.3.1. Market Drivers
- 4.3.2. Market Restraints
- 4.3.3. Key Challenges
- 4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis

5. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)

5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
- 5.3.1. Hot Packs
- 5.3.2. Cold Packs
- 5.3.3. Moist Therapy Packs
- 5.3.4. Localized Heating and Cooling Pads

6. North America Hot And Cold Therapy Packs Market, 2020-2030, USD (Million)

6.1. Market Overview
6.2. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
6.3.Hot And Cold Therapy Packs Market: By Region, 2020-2030, USD (Million)
- 6.3.1.North America
  - 6.3.1.1. U.S.
    - 6.3.1.1.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 6.3.1.2. Canada
    - 6.3.1.2.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 6.3.1.3. Rest of North America
    - 6.3.1.3.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)

7. UK and European Union Hot And Cold Therapy Packs Market, 2020-2030, USD (Million)

7.1. Market Overview
7.2. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
7.3.Hot And Cold Therapy Packs Market: By Region, 2020-2030, USD (Million)
- 7.3.1.UK and European Union
  - 7.3.1.1. UK
    - 7.3.1.1.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 7.3.1.2. Germany
    - 7.3.1.2.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 7.3.1.3. Spain
    - 7.3.1.3.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 7.3.1.4. Italy
    - 7.3.1.4.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 7.3.1.5. France
    - 7.3.1.5.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 7.3.1.6. Rest of Europe
    - 7.3.1.6.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)

8. Asia Pacific Hot And Cold Therapy Packs Market, 2020-2030, USD (Million)

8.1. Market Overview
8.2. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
8.3.Hot And Cold Therapy Packs Market: By Region, 2020-2030, USD (Million)
- 8.3.1.Asia Pacific
  - 8.3.1.1. China
    - 8.3.1.1.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 8.3.1.2. Japan
    - 8.3.1.2.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 8.3.1.3. India
    - 8.3.1.3.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 8.3.1.4. Australia
    - 8.3.1.4.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 8.3.1.5. South Korea
    - 8.3.1.5.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 8.3.1.6. Rest of Asia Pacific
    - 8.3.1.6.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)

9. Latin America Hot And Cold Therapy Packs Market, 2020-2030, USD (Million)

9.1. Market Overview
9.2. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
9.3.Hot And Cold Therapy Packs Market: By Region, 2020-2030, USD (Million)
- 9.3.1.Latin America
  - 9.3.1.1. Brazil
    - 9.3.1.1.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 9.3.1.2. Mexico
    - 9.3.1.2.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 9.3.1.3. Rest of Latin America
    - 9.3.1.3.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)

10. Middle East and Africa Hot And Cold Therapy Packs Market, 2020-2030, USD (Million)

10.1. Market Overview
10.2. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
10.3.Hot And Cold Therapy Packs Market: By Region, 2020-2030, USD (Million)
- 10.3.1.Middle East and Africa
  - 10.3.1.1. GCC
    - 10.3.1.1.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 10.3.1.2. Africa
    - 10.3.1.2.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)
  - 10.3.1.3. Rest of Middle East and Africa
    - 10.3.1.3.1. Hot And Cold Therapy Packs Market: By Product Type, 2020-2030, USD (Million)

11. Company Profile

11.1. 3M Company
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Portfolio
- 11.1.4. Strategic Initiatives
11.2. Beiersdorf Australia Ltd.
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Portfolio
- 11.2.4. Strategic Initiatives
11.3. Breg, Inc.
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Portfolio
- 11.3.4. Strategic Initiatives
11.4. Bruder Healthcare Company, Inc.
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Portfolio
- 11.4.4. Strategic Initiatives
11.5. Caldera International, Inc.
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Portfolio
- 11.5.4. Strategic Initiatives
11.6. Cardinal Health
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Portfolio
- 11.6.4. Strategic Initiatives
11.7. Carex Health Brands
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Portfolio
- 11.7.4. Strategic Initiatives
11.8. Chattanooga Group, Inc.
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Portfolio
- 11.8.4. Strategic Initiatives
11.9. Core Products International, Inc.
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Portfolio
- 11.9.4. Strategic Initiatives
11.10. Corso Enterprises, Inc.
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Portfolio
- 11.10.4. Strategic Initiatives
11.11. Covidien plc.
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Portfolio
- 11.11.4. Strategic Initiatives
11.12. DJO Global, Inc.
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Portfolio
- 11.12.4. Strategic Initiatives
11.13. Employ+Ability, Inc.
- 11.13.1. Company Overview
- 11.13.2. Financial Performance
- 11.13.3. Product Portfolio
- 11.13.4. Strategic Initiatives
11.14. Halyard Health, Inc.
- 11.14.1. Company Overview
- 11.14.2. Financial Performance
- 11.14.3. Product Portfolio
- 11.14.4. Strategic Initiatives
11.15. Kobayashi Pharmaceutical Co., Ltd.
- 11.15.1. Company Overview
- 11.15.2. Financial Performance
- 11.15.3. Product Portfolio
- 11.15.4. Strategic Initiatives
11.16. Medline Industries, Inc.
- 11.16.1. Company Overview
- 11.16.2. Financial Performance
- 11.16.3. Product Portfolio
- 11.16.4. Strategic Initiatives
11.17. Modular Thermal Technologies, Inc.
- 11.17.1. Company Overview
- 11.17.2. Financial Performance
- 11.17.3. Product Portfolio
- 11.17.4. Strategic Initiatives
11.18. Pfizer, Inc.
- 11.18.1. Company Overview
- 11.18.2. Financial Performance
- 11.18.3. Product Portfolio
- 11.18.4. Strategic Initiatives
11.19. The Mentholatum Company
- 11.19.1. Company Overview
- 11.19.2. Financial Performance
- 11.19.3. Product Portfolio
- 11.19.4. Strategic Initiatives
11.20. Thermionics Corp.
- 11.20.1. Company Overview
- 11.20.2. Financial Performance
- 11.20.3. Product Portfolio
- 11.20.4. Strategic Initiatives

Product Code: 136835-08-22

List of Tables

TABLE 1 Global Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 2 North America Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 3 U.S. Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 4 Canada Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 5 Rest of North America Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 6 UK and European Union Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 7 UK Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 8 Germany Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 9 Spain Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 10 Italy Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 11 France Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 12 Rest of Europe Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 13 Asia Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 14 China Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 15 Japan Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 16 India Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 17 Australia Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 18 South Korea Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 19 Latin America Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 20 Brazil Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 21 Mexico Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 22 Rest of Latin America Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 23 Middle East and Africa Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 24 GCC Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 25 Africa Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)
TABLE 26 Rest of Middle East and Africa Hot And Cold Therapy Packs Market By Product Type, 2020-2030, USD (Million)

List of Figures

FIG. 1 Global Hot And Cold Therapy Packs Market: Market Coverage
FIG. 2 Research Methodology and Data Sources
FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
FIG. 4 Global Hot And Cold Therapy Packs Market: Quality Assurance
FIG. 5 Global Hot And Cold Therapy Packs Market, By Product Type, 2021
FIG. 6 Global Hot And Cold Therapy Packs Market, By Geography, 2021
FIG. 7 Market Geographical Opportunity Matrix - Global Hot And Cold Therapy Packs Market, 2021
FIG. 8 Market Positioning of Key Hot And Cold Therapy Packs Market Players, 2021
FIG. 9 Global Hot And Cold Therapy Packs Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
FIG. 10 Global Hot And Cold Therapy Packs Market, By Product Type, 2021 Vs 2030, %
FIG. 11 U.S. Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 12 Canada Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 13 Rest of North America Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 14 UK Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 15 Germany Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 16 Spain Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 17 Italy Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 18 France Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 19 Rest of Europe Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 20 China Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 21 Japan Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 22 India Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 23 Australia Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 24 South Korea Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 25 Rest of Asia Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 26 Brazil Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 27 Mexico Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 28 Rest of Latin America Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 29 GCC Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 30 Africa Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030
FIG. 31 Rest of Middle East and Africa Hot And Cold Therapy Packs Market (US$ Million), 2020 - 2030