Industry Background:
The products which are used as the temporary pain relievers are known as heating pads. These heating pads don’t work in the long lasting pain also it is not preferred to use the heating pads for long term injuries. Initially the heating pads were also known as heating bags where any chemical lubricant or water are used as the source of heat. After the introduction to the infrared as well as electronic heating pads the applications in minor injuries have boosted across the globe. Hence, the global heating pad market will grow significantly in the upcoming years.
This growth is primarily driven by Reduces Pain without Introduction to any Intravenous Treatments and Comparatively Safer Treatment with Negligible Side effects.
Globally, a noticeable market trend is evident Improved Durability as well as Quality for the Newly Manufactured Heating Pads
. Major Players, such as Sunbeam Products, Inc. (United States), Carex Health Brands (United States), Walgreen Co. (United States), PureRelief (United States), Thermalon (United States), Milliard (United States), Nature Creation (United States), Medical Depot, Inc. (United States), Kaz Incorporated (United States) and Beady Heat Therapy (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Regulatory Insights:
The Underwriters Laboratory’s (UL) 130 standard identifies three pad failure modes i.e. fire, electric shock, and skin burns. The historic strength of Underwriters Laboratory in the first two areas i.e. fire and shock is manifest throughout UL 130 where interventions are fully developed in the form of specifications, suggestions, requirements, and test protocols. Indeed, accident statistics reflect the efficacy of the standard; less than eight death cases a year are caused by fires associated with electric heating pads. The Consumer Product Safety Commission (CPSC) has estimated that most of the yearly 1600 electric heating pad accidents treated in hospital emergency rooms are caused by thermal burns not caused by fire.
Market Drivers
- Reduces Pain without Introduction to any Intravenous Treatments
- Comparatively Safer Treatment with Negligible Side effects
Market Trend
- Improved Durability as well as Quality for the Newly Manufactured Heating Pads
- Introduction to Compact and Light Weight Heating Pads
Restraints
- Vulnerable to Electrical Sparks and might Catch Fire Easily
- Some of the Cleaning Pads are too Complex to Clean or Wash
Opportunities
Introduction to Heating Pads with Chemical Lubricants inside to Maintain the Heating Pad Temperature Higher and Growing Demand for Electric Heating Pads in the Household Healthcare Applications
Challenges
Threat of Simple Ointment and Spraying Substitutes and Use of Heating Pads couldn’t Directly Heal Long Term Injuries, it only minimizes the pain for Sometime
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Heating Pad Study Sheds Light on
The Heating Pad Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Heating Pad industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Heating Pad industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.