Global Hot Packs Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

The global hot packs market is anticipated to grow at a CAGR of nearly 5.0% during the forecast period (2022-2028). Hot packs are a part of hold and cold therapy packs so as to relieve pain and inflammation in different parts of the body. Hot packs include using hot gel or moist packs (such as damp clay packs) supports in dilating blood vessels. This further results in improving the blood flow and supply of oxygen to the damaged cells. Thus, this damaged area on being heated speeds up the healing process by controlling the muscle spasms and sprains and provides relaxation. The major factors attributing to the growth of the market include the growth in the number of sports injuries, trauma, and surgery cases. Adding to this, a huge geriatric population base requiring efficient pain management therapy owing to a rise in the number of cases of diabetes, are anticipated to augment the market growth.

For instance, as per the International Diabetes Federation report, in 2019, about 48 million adults in North America were living with diabetes, among which more than half of the patients were over the age of 65 and are expected to continue in the future. Therefore, a rise in neuropathic pain, such as diabetic neuropathy and peripheral neuropathy, are expected to result in higher demand for the hot packs. Additionally, the increased number of sports injuries is also boosting the global hot packs market. For instance, Accident and Emergency statistics in 2019, recorded about 24.8 million sports-injuries were recorded in the UK with an increase of 2% compared with 2018. Thus, increased demand for hot and cold therapy packs is likely to drive the growth of the global hot packs market.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By Application

• Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape: 3M Co., Cardinal Health, Inc., and DJO Global, Inc., among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Hot Packs Market is available at:
https://orionmarketreports.com/global-hot-packs-market/97238/

Global Hot Packs Market Report by Segment

By Type
• Disposable
• Reusable

By Application
• Arthritis
• Joint Pain
• Chronic Pain
• Muscle Spasm
• Others

Global Hot Packs Market Report by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa

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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.