NEW YORK, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Data Bridge Market Research completed a qualitative study titled "Heating Pad Market" with 100+ market data tables, pie charts, graphs, and figures spread across Pages and an easy-to-grasp full analysis. In the winning Heating Pad market survey report, industry trends have been explained on the macro level which makes it possible to summarize the market landscape and probable future issues. The report analyses and estimates general market drivers in the form of consumer demand, government policy, and demand which are related to consumer buying patterns and thereby market growth and development. This market analysis report contains a thorough analysis of the market and numerous related factors that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. The large-scale Heating Pad business report is also useful when launching a new product or expanding the business regionally or globally.
Data Bridge Market Research analyses that the heating pad market is expected to reach the value of USD 6,975,866.42 thousand by the year 2029, at a CAGR of 4.7% during the forecast period. 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 climate chain scenario.
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Market Overview:
Heat treatment has been traditionally used to heal pain and long-lasting aches. The use of heating pads improves the oxygen flow and nutrients to the muscle, thereby helping muscle recovery. A heating pad is used to provide secondary heat to parts of the body (necks, backs, and others) to relieve pain. Smearing heat can reduce pain, relax the strained muscles, and correct muscle contractions. The use of heating pads stimulates the sensual receptors and releases the physiques, thus helping to decline the difficulty and reinstating elasticity. Multiple types of chemical and electric heating pads, including microwavable, are available in the market with moist and dry heat choices.
Heat treatment has been traditionally used to heal pain and long-lasting aches. The use of heating pads improves the oxygen flow and nutrients to the muscle, thereby helping muscle recovery. A heating pad is used to provide secondary heat to parts of the body (necks, backs, and others) to relieve pain. Smearing heat can reduce pain, relax the strained muscles, and correct muscle contractions. The use of heating pads stimulates the sensual receptors and releases the physiques, thus helping to decline the difficulty and reinstating elasticity. Multiple types of chemical and electric heating pads, including microwavable, are available in the market with moist and dry heat choices.
Recent Development
- In September 2021, Walgreens Boots Alliance, Inc. and Shields Health Solutions announced that WBA, through its wholly-owned subsidiary, Walgreen Co., is making a majority investment in Shields, an industry leader in integrated, health system-owned specialty pharmacy care. This development is expected to help the company grow
The Global Market Is Analyzed in Depth in the Latest Study. Taking into account the current level of competition and its projected evolution over the next few years.
Rapidly increasing demands, a rise in industrialization, consumer awareness, growing sectors, and technical improvements are fueling the expansion of the global Heating Pad market. Sales and revenue in this sector have increased at an exponential rate. The market's size and growth are both expected to increase thanks to the factors driving the market's expansion over the projected period.
Leading businesses in the Heating Pad Industry are investing heavily in R&D in order to build a larger client base and expand their share of the market by reintroducing improved products to consumers. All of the companies' strategy, as well as their financial health, revenue, gross margin, and growth rate, are detailed in the study.
The Heating Pad Market is Dominated by Firms Such as
- Walgreen Co. (A Subsidiary of Walgreens Boots Alliance),
- Conair LLC,
- Etsy, Inc.,
- Sinocare,
- Sunbeam Products Inc.,
- Tynorindia,
- Drive DeVilbiss Healthcare,
- Xian Bellavie and Sunbright Group Co., Ltd,
- Dongguan Yongqi Electric Heat Products Co, Ltd.,
- Thermalon,
- Beurer,
- Pure Enrichment (A Subsidiary of Bear Down Brands, LLC. Company),
- BodyMed,
- Carex Health Brands (A Subsidiary of Compass Health Brands),
- CHATTANOOGA MEDICAL SUPPLY, INC,
- Nature Creation,
- Sunny-Bay,
- Sunrise Products,
- Odessey Products,
- THE HEAT COMPANY
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The investment made in the study would provide you access to information such as:
- Heating Pad Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Market Size
- Market Size by application/industry verticals
- Market Projections/Forecast
Key Market Segments Covered in Heating Pad Industry Research
By Product
- Microwavable Heating Pad
- Water Heating Pad
- Electric Heating Pad
- Chemical Heating Pad
- Infrared Heating Pad
By Application
- Medical
- Commercial
By Selling Channel
- Direct
- Indirect
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By Key Industry Drivers:
- Rising application of heating pad for reducing stiffness and restoring flexibility
Thermotherapy has been gaining much popularity nowadays owing to its numerous benefit to the human body. The application of heat through a heating pad increases blood flow within the vessels. This helps relax tight muscles, restore bodily movement, and reduce pain. Heat also eases stiffness after the inflammation has resolved.
- Prevalence of diseases such as arthritis and numerous extensive neurological disorders
Using a heating pad for heat therapy and treatment may help in healing from various chronic conditions like fibromyalgia, arthritis, lower back pain, and various other neurological disorders. Applying a heated compress is one of the oldest, cheapest, and safest forms of heat therapy in curing such disorders. This heat treatment can loosen stiff joints and relieve achy muscles, easing up bodily movement.
- Increasing incidence of sports injuries
Treating sports injuries with the use of a heating pad has been the old way of giving first aid to athletes or sportspeople as providing heat with the help of a heating pad dilates the nerves in the body area instantly and promotes a good supply of blood, easing up the pain and provide instant relief. Moreover, heat application over a larger time has been very effective in dealing with old sports injuries as well. In addition, applying a heating pad is easy and can be used on the spot where an injury has taken place.
- High prevalence of chronic pain due to sedentary lifestyle and obesity
Various clinical studies and research have reported the effective use of heat therapy to reduce pain, anxiety, nausea, and heart rate in patients suffering from numerous chronic health conditions. Some examples include pain from gallstones (Kober et al 2003a), abdominal pain from renal colic (Kober et al 2003b), pelvic pain from cystitis, urolithiasis, appendicitis, colitis, and rectal trauma among others (Bertalanffy et al 2006).
Heating Pad Market Regional Analysis/Insights:
Some of the countries covered in the heating pad market report are the U.S., Canada, and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia & New Zealand, Thailand, Indonesia, Hong Kong, Taiwan, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa.
Asia-Pacific is expected to dominate the global heating pad market because of the high disposable income of consumers. Middle East & Africa is followed by Europe and is expected to witness significant growth during the forecast period of 2022 to 2029 due to the growing demand for heating pads for homecare settings in the region. Europe is followed by Asia-Pacific and is expected to grow significantly owing to the high prevalence of chronic pain due to sedentary lifestyle and obesity.
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It's in your best interest to take this report into consideration because:
- Strong and extensive research methods were used to construct this study. The thoroughness and precision of the market reports produced by Data Bridge Market Research have earned them a great reputation.
- A complete picture of the competitive scenario of Heating Pad market is depicted by this report.
- The wide range of research on how these innovations may affect market expansion in the future.
- The report's findings are presented in an approachable format, with accompanying visuals (such as histograms, bar graphs, pie charts, etc.) that make the data readily digestible.
- The potential, threats, and difficulties in the Heating Pad market, as well as the factors driving and restraining it, are discussed at length.
- It gives an all-encompassing evaluation of the anticipated conduct of the future market and the changing market condition.
- This Heating Pad Study provides a number of strategic business approaches to assist you in making educated business decisions.
Challenges faced by the Global Heating Pad Market
- Availability of counterfeit products
The growth of the global heating pad market has been facing problems due to the availability of counterfeit products in the market, such as hot water bottles or pain killers. Generally, these counterfeit products offer the same advantages that a genuine and branded heating pad offers but lack the required standards and quality that a heating pad should offer. Hence, these products are available at a lower price than the original ones. However, owing to their cheap price, the majority of the consumer prefer buying these counterfeit products.
- Side-effects of the heating pad during pregnancy and other related health issues
Using a heating pad for pregnant women and consumers with ailments such as diabetes can cause serious ill effects on one's body. During pregnancy, women have to go through pain and cramps and start using heating pads regularly to reduce the pain. However, using the heating pad regularly directly affects their child in the development process, which increases the risk of miscarriage in women.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Heating Pad Market: Regulations
- Market Overview
- Global Heating Pad Market, By Product
- Global Heating Pad Market, By Application
- Global Heating Pad Market, By Selling Channel
- Global Heating Pad Market, By Region
- Global Heating Pad Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-heating-pad-market
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