Seattle, WA -- (SBWIRE) -- 11/07/2019 -- Heat and cold therapy helps in relaxing muscles, enhancing blood circulation, and mitigating swelling. This non-invasive and non-addictive pain relief therapy is productive, cheap, and offers quick relief from pain. Swelling and inflammation is caused due to various types of injuries. Applying ice can reduce blood flow to the injured part, which helps to reduce swelling and inflammation. On the other hand, heat therapy promotes blood flow and enhances the supply of nutrients and oxygen. This in turn in relaxation of ligaments and muscles. Electric or microwave heating pads and hot water bath or gel packs are used in heat therapy. Ice or cold gel packs are used in cold therapy. Heat and cold therapy helps in the treatment of strains, sprains, and bruises.
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Increasing incidents of minor accidents is expected to boost growth of the global hot and cold therapy packs market. For instance, according to the World Health Organization (WHO) 2015, approximately 8 million individuals face minor accidents, every day. Moreover, according to the Arthritis Foundation, cold packs are best for severe pain in body parts whereas, heat treatment such as warm baths and heating pads are likely to aid in relaxing stiff joints and muscles.
High accessibility of pain and injury relief therapies and increasing expenditure on personal healthcare is also expected to contribute to the market growth. Furthermore, increasing preference for non-surgical pain solutions and wound management for pain relief is boosting growth of the market. For instance, according to a study conducted by University of Leiden in 2015, majority of surgeons recommended non-surgical treatments such as physical therapy or acetaminophen therapy for the treatment of osteoarthritis. Increasing adoption of non-pharmacological treatment for pain relive especially in geriatric population is boosting r growth of the market. Geriatric population vulnerable to chronic illness such as osteoporosis and arthritis prefer home care such as hot and cold therapy packs over hospital visit or consuming drugs as the approach is safer and easier compared to drugs and physiotherapy treatment.
North America is expected to account for the largest market share over the forecast period. This is attributed to increasing prevalence of arthritis or bone-related diseases. For instance, according to the Centers for Disease Control and Prevention (CDC) 2016, approximately 53 million people in the U.S. are affected by arthritis or bone-related disease due to small injuries and physical stress. Increasing launch of novel products such as reusable therapy packs and online promotion and sales of therapy packs products is also expected to propel growth of the market.
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The market in Asia Pacific is expected to witness the fastest growth, owing to increasing awareness about home care and high availability of cost-effective therapy packs. Furthermore, increasing adoption of non-surgical pain and injury management solutions in China, India, and Japan is also expected to contribute to the market growth in the market.
Key players operating in the global hot and cold therapy packs market include, Breg, Inc., Corso Enterprises, Inc., Covidien plc., 3M, Caldera International Inc., Cardinal Health, Chattanooga Group Inc., Halyard Health, Inc., Beiersdorf Australia Ltd., Bruder Healthcare Company, Inc., Thermionics Corp., Carex Health Brands, Core Products International, Inc., DJO Global, Inc., Kobayashi Pharmaceutical Co., Ltd., and Medline Industries, Inc.