Global Hot and Cold Therapy Packs Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2013 to 2024

Dublin, April 27, 2017 -- Research and Markets has announced the addition of the "Global Hot and Cold Therapy Packs Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2013 to 2024" report to their offering.

Hot and Cold Therapy Packs Market - Growth, Future Prospects and Competitive Analysis, 2016 - 2024, the global hot and cold therapy packs market was valued at US$ 687.0 Mn in 2015, and is expected to reach US$ 1,354.7 Mn by 2024, expanding at a CAGR of 7.8% from 2016 to 2024.

The global hot and cold therapy packs market is segmented by product type into hot packs, cold packs, moist therapy packs and 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 the most effective pain relief treatment

North America was identified 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 is the most attractive market for introducing advanced hot and cold therapy packs due to the rapid development of healthcare infrastructure, increasing awareness about the non-surgical pain management techniques and rising disposable income in the countries like China, India, Australia and others.

Key Market Movements:

• There is an increase in incidence of injuries associated with pain observed in different age group due to varied reason. Pain is linked with a varied range of injuries and diseases and sometimes disease in itself. The use of the hot and cold therapy packs is preferred as safer option over pharmaceuticals.
• Rise in awareness of sports and other sports related activities, we have observed significant increase in incidences of sports related injuries to name a few such as golf elbow (medial epicondylitis), jumper's knee (patellar tendonitis), little league elbow or shoulder, spondylolysis, tennis elbow (lateral epicondylitis) etc.
• With increase in age, the incidence and prevalence of pain also increases especially chronic pain, along with neuralgias and joint pain. There is preference of non-invasive and non-addictive therapies, which act as important driving factor of the market.

Key players in the Hot and Cold Therapy Packs market are

• 3M Company
• Beiersdorf Australia Ltd.
• Breg, Inc.
• Bruder Healthcare Company, Inc.
• Caldera International, Inc.
• Cardinal Health
• Carex Health Brands
• Chattanooga Group, Inc.
• Core Products International, Inc.
• Corso Enterprises, Inc.
• Covidien plc.
• DJO Global, Inc.
• Employ+Ability, Inc.
• Halyard Health, Inc.
• Kobayashi Pharmaceutical Co., Ltd.
• Medline Industries, Inc.
• Modular Thermal Technologies, Inc.
• Pfizer, Inc.
• The Mentholatum Company
• Thermionics Corp.
  

For more information about this report visit http://www.researchandmarkets.com/research/k4j7pf/global_hot_and

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