openPR Logo
Press release

Heat Therapy Market to Surpass Valuation of US$ 1.7 BN by 2031 | Projected to Expand at a CAGR of ~4%

05-04-2021 05:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Heat Therapy Market

Heat Therapy Market to Surpass Valuation of US$ 1.7 BN by 2031 |

According to the report, the global heat therapy market was valued at US$ 1.1 Bn in 2020. It is projected to expand at a CAGR of ~4% from 2021 to 2031. North America held a major share of the global heat therapy market in 2020, due to high prevalence of musculoskeletal disorders and rise in geriatric population in the region. According to the Population Reference Bureau, geriatric population in the U.S. is projected to nearly double from 52 million in 2018 to 95 million by 2060. The heat therapy market in Asia Pacific is expected to expand at a high CAGR of 5.2% from 2021 to 2031 due to an increase in healthcare expenditure in the region.

Get Free Sample Copy of the Report to Understand the Structure of the Complete Report @

global heat therapy market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2021 to 2031. The report provides revenue of the global heat therapy market for the period 2017–2031, considering 2020 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global heat therapy market during the forecast period.

The report has been prepared after primary and secondary researches. Primary research involved bulk of research efforts, wherein analysts carried out interviews with industry leaders and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global heat therapy market.

Secondary research also included Internet sources, statistical data from government agencies, websites, company presentations, sales data, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various phenomenon in the global heat therapy market.

Request Discount on This Report:

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Furthermore, the report sheds light on the changing competitive dynamics in the global heat therapy market. These indices serve as valuable tools for existing market players as well as for entities interested in entering the global heat therapy market.

The report delves into the competitive landscape of the global heat therapy market. Key players operating in the global heat therapy market have been identified, and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the global heat therapy market that have been profiled in this report.

Key Questions Answered in Heat Therapy Market Report

What are the major drivers, restraints, and opportunities in the market?
What will be the Y-o-Y growth of the global heat therapy market between 2021 and 2031?
What are the revenue share projections of key segments of the global heat therapy market during the forecast period?
Will North America continue to be the most profitable market for heat therapy treatment?
Which factors are anticipated to hamper the global heat therapy market during the forecast period?
Which are the leading companies in the global heat therapy market?

Inquire More About This Report:

Research Methodology

A unique methodology has been utilized by TMR to conduct comprehensive research on the growth of the global heat therapy market and arrive at conclusions on its growth prospects. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.

Secondary research sources referred to by analysts during the production of the global heat therapy market report include statistics from company annual reports, SEC filings, company websites, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of TMRs study on the heat therapy market as primary methods.

These primary research respondents have provided exclusive information during interviews, which serves as a validation from the heat therapy market leaders. Access to an extensive internal repository and external proprietary databases enabled this report to address specific details and questions about the global heat therapy market with accuracy. The study also uses the top-down approach to assess the revenue of each segment and the bottom-up approach to counter-validate them. This has helped in reaching TMRs estimates on future prospects of the global heat therapy more reliably and accurately.


Heat Therapy Market
Heat Therapy Market Share
Demand for Heat Therapy
Sales of Heat Therapy
Heat Therapy Sales Demand
Heat Therapy Market Forecast
Heat Therapy Sales Forecast
Heat Therapy Demand forecast
US Heat Therapy Market
Canada Heat Therapy Market
Europe Heat Therapy Market
Middle East Heat Therapy market

Companies Mentioned

Thermo Tek Inc
Cardinal Health
CarexHealth Brands, Inc.
The Mentholatum Company
Medline Industries, Inc.
Halyard Worldwide, Inc.
Kobayashi Pharmacuticalco., Ltd

Countries Covered

North America
Asia Pacific
Latin America
Middle East & Africa

Browse Detailed TOC, Tables, Figures, Charts @

As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Top Trending Reports

US Furniture Retailing Market -

Block Paving Market -

About ResearchMoz

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.


This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Heat Therapy Market to Surpass Valuation of US$ 1.7 BN by 2031 | Projected to Expand at a CAGR of ~4% here

News-ID: 2279753 • Views: 137

More Releases for America

Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles ( and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the