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
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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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
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Market Players Covered
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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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Market Opportunities
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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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