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.

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 2016 to 2024. The said research study covers in-depth analysis of multiple market segments based on 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
  • U.K.
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • Rest of Asia Pacific
• Latin America
  • Mexico
  • Brazil
  • Rest of LATAM
• Middle East and Africa

Market size and forecast for these regional and country level markets are presented in this study for the period 2014-2024. 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 better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global hot and cold therapy packs market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global hot and cold therapy packs market. This report concludes with company profiles section that highlights major information about the key players engaged in 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 packs segment currently dominates the overall hot and cold therapy packs market, as it is the first line of treatment for injuries and most effective pain relief treatment. It is used to relieve pain, inflammation and swelling due to the injury or other condition. 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 is the fastest growing market, due to factors such as ease of use, portability, use of electrical power to regulate the temperature and competitive costs.

For the purpose of 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 aging population, advanced sports medicine practices and initiatives in the U.S. and Canada. Asia Pacific was observed as the attractive market in hot and cold therapy packs market due to swift development of healthcare infrastructure, rising awareness about the non-surgical pain management techniques and rising disposable income in the countries like China, India, Australia, Philippines, etc.

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 packs segment currently dominates the overall hot and cold therapy packs market, as it is the first line of treatment for injuries and most effective pain relief treatment. It is used to relieve pain, inflammation and swelling due to the injury or other condition. 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 is the fastest growing market, due to factors such as ease of use, portability, use of electrical power to regulate the temperature and competitive costs.

For the purpose of 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 aging population, advanced sports medicine practices and initiatives in the U.S. and Canada. Asia Pacific was observed as the attractive market in hot and cold therapy packs market due to swift development of healthcare infrastructure, rising awareness about the non-surgical pain management techniques and rising disposable income in the countries like China, India, Australia, Philippines, etc.