Heating Bags Market by Product (Rubber Hot Water Bags and Electric Heating Bags), Demand for electric heating bags is expected to grow at a CAGR of 3.3% over the forecast period
Industry: Healthcare
Published Date: February-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 250
Report ID: PMRREP33352
The Global Heating Bags Market recorded a valuation of US$ 224 million in 2021 and is expected to reach US$ 311 million by the end of 2032, expanding at a CAGR of 3% from 2022 to 2032. North America is the leading regional market and accounted for a revenue share of 38.2% in 2021.
Heat therapy has long been used to alleviate moderate or chronic pain. Heating bags enhance the delivery of nutrients and oxygen to the muscle, which helps in muscle repair. To relieve pain, heating bags are used to apply secondary heat to various body areas, including the neck, back, and others. Applying heat to the affected area can ease the discomfort of tense muscles and stop muscle contractions.
Heating bags aid in decreasing difficulty in mobility and restoring elasticity by stimulating the body's sensory receptors and releasing tension. Many different kinds of rubber and electric heating bags are available in the market with options for ease of therapy to customers.
Attribute | Key Insights |
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Heating Bags Market Size (2021) | US$ 224 Million |
Estimated Market Value (2022) | US$ 231.7 Million |
Forecasted Market Value (2032) | US$ 311 Million |
Global Market Growth Rate (2022 to 2032) | 3% CAGR |
Market Share of Top 5 Countries | 54.4% |
The Market for Heating Bags expanded at a CAGR of 3.1% from 2012 to 2021, mainly due to the increasing number of chronic diseases among the world’s population.
One of the factors that are anticipated to increase the demand for heating bags in the market is the growing use of these products for restoring flexibility and reducing stiffness in conditions like arthritis and other neurological conditions.
Due to several advantages of thermotherapy for the human body, it is becoming more popular day by day. The application of heat by a heating bag enhances blood flow inside vessels. This restores physical motion and relaxes tense muscles. Also, heating bags are used to reduce inflammation and stiffness. Thus, sales of heating bags are expected to increase during the forecasted period.
Heat therapy and treatment utilizing heating bags may aid in the recovery from several chronic diseases, including fibromyalgia, arthritis, lower back pain, and different neurological problems. One of the oldest, most affordable, and most secure methods of treatment for these conditions is the use of heating bags.
This heat therapy can ease sore muscles and release stiff joints, facilitating easier movement of the body. During the projection period, an increase in the prevalence of orthopedic disorders such as arthritis is anticipated to fuel the demand for heat therapy.
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Owing to the above-mentioned factors, the global heating bags market is forecasted to expand at a CAGR of 3.0% from 2022 to 2032.
An increase in sports-related activities and awareness about a healthy lifestyle increases people’s participation in sports and hence it leads to a rise in the number of sports injuries. Using heating bags to treat sports injuries has been a traditional method of administering first aid to athletes and sports people because applying heat rapidly dilates the local nerves and encourages a healthy blood supply, which reduces discomfort and offers immediate relief.
Using heat over a longer period has proven to be quite successful in treating previous sports injuries. A heating bag can also be used directly on the site of an injury and it is simple to administer. Thus, the rise in sports injuries increases the demand for heating bags.
With the presence of counterfeit goods like hot water bottles and painkillers in the market, the expansion of the global heating bags market has been experiencing difficulties. These knockoff items typically provide the same benefits that real, branded heating bags provide, but they fall short in terms of standards and quality. As a result, these products are less expensive than their original counterparts. However, consumers prefer to purchase these alternative goods because of their low prices.
For people who are pregnant or suffer from medical conditions like diabetes, using heating bags might have detrimental repercussions on their bodies. Women experience pain and cramps throughout their pregnancy, and they start using heating bags frequently to ease the discomfort. However, the constant use of heating bags has an impact on the development of their child, which raises the chance of miscarriage in women.
To alleviate pain in the shoulders, back, neck, and legs throughout the winter, electric heating bags are becoming more and more popular. However, sales are being affected by several drawbacks, including hazards for blood pressure (BP) patients and injury to inner muscles. To prevent the break of the inner lining of muscles and increase the blood flow in the veins of patients, companies in the heat therapy industry are raising awareness about avoiding the excessive use of electric heating bags.
What Makes the United Kingdom a Highly Lucrative Market for Heating Bag Suppliers?
The United Kingdom held 20.7% share of the European market in 2021 and is projected to expand at a CAGR of 2.5% during the forecast period.
The need for heat therapy units is expanding quickly in the United Kingdom because of an increase in electro-surgeries and a rise in the use of pain management techniques at home. Therefore, to meet the growing demand in this region, leading companies are concentrating on launching unique products and creating awareness about the proper use of heating bags.
Due to the presence of local and international competitors as well as the rising demand for heating bags in the region, the market in the United Kingdom is predicted to expand rapidly.
Why is Demand for Heating Bags High in the United States?
The United States dominated the North American region with a market share of 89.5% in 2021, which is anticipated to grow during the projection period.
Increasing incidences of chronic pain and arthritis among several people are the two main factors driving the market in the United States
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What is the Stance of India in the Heating Bags Market?
The market in India is set to exhibit a CAGR of nearly 29.8% over the next ten years.
Rising demand for heat therapy treatment, the accessibility and affordability of heating bags owing to their reusability, and expanding public awareness of home care treatment due to COVID-19 are the main factors driving the market expansion.
Which Type of Heating Bag Accounts for High Revenue Generation?
Demand for electric heating bags is expected to grow at a CAGR of 3.3% over the forecast period, with a global market share of 51.2% in 2021. These provide relief from pain and give comfort to patients. With the ease of recharging and the applicability of different heat settings, the growth in the adoption of electric heating bags is expected to increase.
Which Application of Heating Bags is Most Prominent?
Musculoskeletal disorders held a revenue share of 22.0% in 2021 and are expected to grow gradually at a CAGR of 2.8% through 2032. During the projected period, the segment is anticipated to be driven by an increase in the prevalence of musculoskeletal illnesses.
Key manufacturers of heating bags are concentrating on product launches, acquisitions, and collaborations to boost their sales in the target market. Companies are focusing on technological developments to make heating bags more advanced and reliable.
Attribute | Details |
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Forecast Period | 2022 to 2032 |
Historical Data Available for | 2012 to 2021 |
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Pricing | Available upon Request |
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The global heating bags market reached US$ 224 million in 2021 and is set to expand 1.3X over the next 10 years.
Sales of heating bags are expected to reach US$ 311 million by 2032, registering 3% CAGR.
Key market factors are increase in the prevalence of musculoskeletal diseases, growing elderly population, and an increase in accidents.
The U.S., China, the U.K., Japan, and Germany account for the most sales of heating bags.
The United States accounted for 89.5% share of the North American market in 2021.
Demand for heating bags in Europe is predicted to increase at a CAGR of 2.9% over the next ten years.
The United States, China, and the United Kingdom are prominent manufacturers of heating bags.