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Heating Pad Market: Business Strategies, Emerging Technology, Top-Countries Data, Players Analysis, Demand Status and Forecast 2026

Report Ocean presents a new report on Heating Pads Market size, share, growth, industry trends, and forecast 2026, covering various industry elements and growth trends helpful for predicting the market’s future. Heating Pads Market to witness Steady Growth and Reach USD 118 Million by 2026

Heating Pad Market size is anticipated to reach USD 118.64 million by 2026 from USD 92 million in 2019, at a CAGR of 3.7 %, over the projection period.

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The request for heating pad market is expected to grow, given lifestyle changes, lack of workout as well as growing occurrence of pain in neck and back. Besides, the number of people suffering from obesity and sedentary lifestyles is also increasing over time. Obese people with extra fat on the middle part usually pull the pelvis forward, creating pressure on the lower back, augmenting the risk of back pain. Sitting in office chairs for hours, at a stretch, causes lower back pain or deteriorate the existing pain. Over time, improper sedentary posture and poor office ergonomics contribute to repeated episodes of back pain.

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 a pad used for heating of parts of the body (necks, backs, etc.) 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. Two types of pads are available- standard heating pad and an infrared heating pad. The standard heating pad uses heat with variable settings on a control pad, whereas the infrared heating pads utilize infrared heat and is used in cases of chronic pain. Multiple types of chemical and electric heating pads, including microwavable, are available in the market with humid and dry heat choices.

COVID-19 Impact

The COVID-19 pandemic in 2019 engulfed the world. It caused a worldwide halt. The entire global economy was affected. In addition, many people have also lost their lives. Around 252,297,094 cases and 5,091,465 deaths have been reported worldwide so far for COVID-19. The pandemic spread to almost every country in the world. In most industries, the pandemic resulted in some form of loss. As a result of the pandemic, the Heating Pads Market also experienced a slowdown. Statista estimates that the Heating Pads Market total worldwide revenue stood at approximately US$ 3.94 trillion in 2019. In 2014, the Heating Pads Market generated revenues of US$ 5.4 trillion at a record high.

The degree of competition among prominent global companies has been developed by analyzing several leading competitors operating globally. In addition, specialist analysts examine various aspects of the Heating Pads Market, including market competition, market share, the most recent advancements in the industry, innovative product launches, partnerships, mergers, and acquisitions by leading companies.

Global Heating Pad Market is segmented based on Type and Application. Based on Type of the Product, the Global Heating Pad Market is divided into Microwavable Heating Pads, Electric Heating Pads, and Chemical Heating Pads. Based on application, it is subdivided into Home use, Medical use, Commercial use and Other use.
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“The Key Driver of the Heating Pads Market is the prevalence of Chronic Pain due to Sedentary Lifestyle and Obesity.”

The request for heating pad market is expected to grow due to the increasing rate of chronic pain in different body parts due to sedentary lifestyle and obesity. The number of obese people and working professionals with the sedentary lifestyle is increasing world over, indicating the enormous potential need and subsequent use of heating pads in the forthcoming period.

“North America dominates the Heating Pads Market.”

The market in North America is anticipated to secure significant market share as usual during the forthcoming period due to the expanding use of heating pads among working and obese population. The Asia Pacific market is expected to witness substantial growth with high CAGR driven by demand for heating pads populated emerging countries like India, China, Japan, South Korea and other South Asian Countries. South Asian Countries have more inclination towards heat treatment for body aches. The growing prevalence of shoulder and back pain among increasing people contribute to the rapid development of the market.
China supplies most of the heating pads used in the world but lags in use. The promotional activities can play a critical role in tapping this market, given the huge population and occurrence of chronic pain.

“The leading players” in the market are Sunbeam, Carex, Walgreens, PureRelief, Thermalon, Milliard, Nature Creation, Drive Medical, Kaz, Beady Heat Therapy, BodyMed, Chattanooga Medical Supply, Sunny Bay, Thrive, Beurer, Conair, Dongguan Yu Xin Electronic, Dongguan Yongqi and others.

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The in-depth analysis of the report provides the growth potential, upcoming trends, and statistics of the Global Heating Pad Market size & forecast. The report promises to provide state-of-the-art technology of Global Heating Pad Market and industry insights, which help decision-makers to make sound strategic decisions. Furthermore, the report also analyzes the market drivers, challenges, and competitive dynamics.

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What are the aspects of this report that relate to regional analysis?

The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
How are the key players in the market assessed?
This report provides a comprehensive analysis of leading competitors in the market.
The report includes information about the key vendors in the market.
The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

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Updated : 2022-05-25 18:48 GMT+08:00