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Global Heating Pad Market – Industry Trends and Forecast to 2030

  • FMCG
  • Upcoming Report
  • Jan 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Heating Pad Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 48920.16 Million
Diagram Market Size (Forecast Year) USD 73386.10 Million
Diagram CAGR %

Global Heating Pad Market, By Product (Microwavable, Water, Electric, Chemical, Infrared, and Others), Application (Home, Medical, Commercial, and Others), End Use (Homecare, Diagnostic Centres, Hospitals, Clinics, Others), Distribution Channel (Direct, and Indirect) – Industry Trends and Forecast to 2030.

Heating Pad Market Analysis and Size

The sedentary lifestyles and growing prevalence of chronic pain in body parts such as neck, back and knees enhance the market growth. Also, growing number of obesity people across all age is anticipated to increase the need for the heating pad. The “microwavable heating pad” is expected to be the fastest-growing product segment during the forecast period. Microwavable heating pads are normally filled with grains such as wheat, flaxseed and buckwheat and made out of thick insulated cloth.

Data Bridge Market Research analyses that the heating pad market is expected to reach USD 73386.10 million by 2030, which is USD 48,920.16 million in 2022, registering a CAGR of 5.20% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.     

Heating Pad Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product (Microwavable, Water, Electric, Chemical, Infrared, and Others), Application (Home, Medical, Commercial, and Others), End Use (Homecare, Diagnostic Centres, Hospitals, Clinics, Others), Distribution Channel (Direct, and Indirect) 

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Nature Creation (U.S.), Beurer (Germany), Medical Depot Inc, (U.S.), Dongguan Yongqi Electric Heat Products Co. Ltd. (China), Sunny-Bay (U.S.), Vee Kay Industries (India), Rani Herbals (India), Renuconic (India), Jindal Medical & Scientific Instruments Company (Pvt.) Ltd. (India), Dhaara Healthcare (India), Senso Medi Systems (India), Apex International (India), United Medicare (India)

Market Opportunities

  • Increasing Integration of advanced technology with traditional heating pads
  • High prevalence of chronic pain owing to obesity and sedentary lifestyle

Market Definition

Heat treatment has been used to heal long-lasting aches and pain. The use of heating pads increases the nutrients and oxygen flow to the muscle, thus helping in muscle recovery. A heating pad is used to deliver secondary heat to parts of the body such as backs, necks, and others to relieve pain. Furthermore, it can be modified with many different settings and also has voluntary auto-shutoff.

Heating Pad Market Dynamics

Drivers

  • Increasing application of heating pad for restoring flexibility and reducing stiffness

Nowadays, thermotherapy has been gaining more popularity due to its several benefits to the human body. The application of heat with the help of heating pad increases the blood flow within the vessels. This helps to restore bodily movement, relax tight muscles, and reduce pain. Heat also comforts the stiffness after the inflammation has resolved. Therefore, increasing application of heating pad for restoring flexibility and reducing stiffness is anticipated to drive the market growth rate.

  • Growing incidence of sports injuries

Heating pads are widely used for the treatment of sports injuries. It has been the old method of giving first aid to sportspeople or athletes because these heating pads provide heat and dilates the nerves in the body area rapidly and maintain a supply of blood. Furthermore, heat application over a larger time has been very effective for treating sports injuries. Furthermore, applying a heating pad is simple and easy and can be used in an area where injury occurs.

Opportunities

  • Increasing Integration of advanced technology with traditional heating pads

The increasing integration of new and advanced technology such as infrared technology in heating pads, delivers a better user experience because it penetrates more intensely into the skin and provides an enhanced healing effect in minimum time than traditional heating pads. The effects of infrared healing pads last for longer period of time. These heating pads are very small in size and can be easily moved from one place to another place. For instance, the infrared heating pads, mainly smaller ones, come with cases or carrying handles so they can be taken. Therefore, the increasing demand for technologically advanced heating pads that are portable and small in size will create lucrative opportunities for the growth of the market during the forecast period.

Restraints/ Challenges

  • Risks associated with the usage of heating pad

Every positive aspect also has a negative aspect, in case of heating pads, these pads cannot be used during the period of pregnancy and muscle strains which will hamper the market growth. Sometimes, abnormal body thermoregulation is experienced by using heating pads which acts as major restraint for the market growth. Furthermore, heating pads also emit heat, making them more dangerous when used incorrectly. For instance, heating pad can get hot more which can further cause severe burns.

This heating pad market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the heating pad market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In 2021, Shields Health Solutions and Walgreens Boots Alliance, Inc. announced that it is making a majority investment in Shields which is an industry leader in integrated with health system-owned specialty pharmacy care. This growth is anticipated to help the company to grow.

 Global Heating Pad Market Scope

The heating pad market is segmented on the basis of product, application, end use and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Microwavable
  • Water
  • Electric
  • Chemical
  • Infrared
  • Others

Application

  • Home
  • Medical
  • Commercial
  • Others

End Use

  • Homecare
  • Diagnostic Centres
  • Hospitals
  • Clinics
  • Others

 Distribution Channel

  • Direct
  • Indirect

Heating Pad Market Regional Analysis/Insights

The heating pad market is analyzed and market size insights and trends are provided by country, product, application, end use and distribution channel as referenced above.

The countries covered in the heating pad market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the heating pad market in terms of revenue and market share owing to the increasing demand for heating pads for homecare settings in this region. Furthermore, high prevalence of chronic pain owing to obesity and sedentary lifestyle will further boost the market growth.

North America is expected to be the fastest developing region during the forecast period of 2023-2030 due to the increasing population along with the prevalence of shoulder pain and back because of long working hours in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Heating Pad Market Share Analysis

The heating pad market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to heating pad market.

Some of the major players operating in the heating pad market are:

  • Nature Creation (U.S.)
  • Beurer (Germany)
  • Medical Depot Inc, (U.S.)
  • Dongguan Yongqi Electric Heat Products Co. Ltd. (China)
  • Sunny-Bay (U.S.)
  • Vee Kay Industries (India)
  • Rani Herbals (India)
  • Renuconic (India)
  • Jindal Medical & Scientific Instruments Company (Pvt.) Ltd. (India)
  • Dhaara Healthcare (India)
  • Senso Medi Systems (India)
  • Apex International (India)
  • United Medicare (India)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The heating pad market size will be worth USD 73386.10 million by 2030.
The growth rate of the heating pad market is 5.20% during the forecast period by 2030.
Increasing application of heating pads for restoring flexibility and reducing stiffness & Growing incidence of sports injuries are the growth drivers of the heating pad market.
Product, application, end-use, and distribution channel are the factors on which the heating pad market research is based.
Major companies in the heating pad market are Nature Creation (U.S.), Beurer (Germany), Medical Depot Inc, (U.S.), Dongguan Yongqi Electric Heat Products Co. Ltd. (China), Sunny-Bay (U.S.), Vee Kay Industries (India), Rani Herbals (India), Renuconic (India), Jindal Medical & Scientific Instruments Company (Pvt.) Ltd. (India), Dhaara Healthcare (India), Senso Medi Systems (India), Apex International (India), United Medicare (India).
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