Market Overview:
The global heat therapy pumps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for heat therapy pumps for various applications such as orthopedic surgery, skin trauma, and other medical conditions. In addition, the growing awareness about the benefits of using heat therapy pumps is also contributing to the growth of this market.
Product Definition:
Heat Therapy pumps are devices used to deliver heat to a specific area of the body. This heat can help reduce inflammation, improve blood flow, and relieve pain. Heat therapy pumps are often used to treat conditions such as arthritis, muscle pain, and carpal tunnel syndrome.
Tap Water:
Water is one of the most important and basic materials on earth. It is necessary for all life forms, including plants, animals, humans and bacteria. Water plays an essential role in maintaining a healthy body as well as helps in cooling down the body temperature during heat stroke or fever. The human body needs water to survive but when it's too much so that it can lead to several health issues such as muscle spasms, cramps or chills and headache among others.
Pure Water:
Pure water is a clear, odorless and tasteless liquid that contains no additives or minerals. It can be obtained from various natural sources such as plants, animals or even manmade processes like the distillation process. Pure water has been used by humans for thousands of years to hydrate themselves and maintain optimum health.
Application Insights:
The other medical condition segment dominated the global heat therapy pumps market in 2017, accounting for over 60% of the overall revenue share. The segment is expected to witness significant growth owing to rising incidences of chronic diseases such as cardiovascular, respiratory and diabetes. Moreover, increasing cases of trauma due to road accidents and sports injuries are also anticipated to boost industry growth during the forecast period.
On the other hand, skin trauma is expected to be one of the fastest-growing segments during forecast years due largely on increased incidence rates associated with road accidents and sports injuries coupled with advanced wound treatment procedures using HTT equipment in hospitals across various regions including North America and Europe Pacific countries such as Japan. In addition; increasing number of cosmetic surgeries also contribute significantly towards segment growth globally owing on aesthetic enhancement services offered by clinics around the globe especially in developed economies like U.S.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing number of sports activities and high adoption of heat therapy for various medical conditions. In addition, growing awareness about body temperature regulation is also expected to drive demand over the forecast period.
Asia Pacific is expected to be one of the fastest-growing regional markets due to rising healthcare expenditure by governments and private organizations, improving infrastructure facilities, and increasing patient pool due to a rise in disposable income levels. Moreover, an increase in chronic diseases such as cardiovascular disorders will boost demand for heat therapy pumps over the forecast period.
Growth Factors:
- Increasing demand for heat therapy pumps in the medical sector for pain relief and other therapeutic treatments.
- Growing popularity of portable and wearable heat therapy pumps among consumers for on-the-go use.
- Rising number of chronic diseases that can be treated with heat therapy pumps, such as arthritis, fibromyalgia, and chronic pain syndromes.
- Advances in technology that have led to the development of more efficient and user-friendly heat therapy pumps products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Therapy Pumps Market Research Report
By Type
Tap Water, Pure Water
By Application
Orthopedic Surgery, Skin Trauma, Other Medical Condition
By Companies
Harvard Apparatus, Adroit Medical Systems, Stryker, Richmar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Heat Therapy Pumps Market Report Segments:
The global Heat Therapy Pumps market is segmented on the basis of:
Types
Tap Water, Pure Water
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Orthopedic Surgery, Skin Trauma, Other Medical Condition
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Harvard Apparatus
- Adroit Medical Systems
- Stryker
- Richmar
Highlights of The Heat Therapy Pumps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tap Water
- Pure Water
- By Application:
- Orthopedic Surgery
- Skin Trauma
- Other Medical Condition
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heat Therapy Pumps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heat therapy pumps are medical devices that use heat to treat a variety of conditions. They work by circulating warm air or water around the body, which can help to relieve pain and inflammation. Heat therapy pumps can be used in a number of different ways, including for treatment of back pain, arthritis, and other conditions.
Some of the major players in the heat therapy pumps market are Harvard Apparatus, Adroit Medical Systems, Stryker, Richmar.
The heat therapy pumps market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heat Therapy Pumps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Heat Therapy Pumps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heat Therapy Pumps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Heat Therapy Pumps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Heat Therapy Pumps Market Size & Forecast, 2020-2028
4.5.1 Heat Therapy Pumps Market Size and Y-o-Y Growth
4.5.2 Heat Therapy Pumps Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Tap Water
5.2.2 Pure Water
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Orthopedic Surgery
6.2.2 Skin Trauma
6.2.3 Other Medical Condition
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Therapy Pumps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Heat Therapy Pumps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Tap Water
9.6.2 Pure Water
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Orthopedic Surgery
9.10.2 Skin Trauma
9.10.3 Other Medical Condition
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Tap Water
10.6.2 Pure Water
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Orthopedic Surgery
10.10.2 Skin Trauma
10.10.3 Other Medical Condition
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Tap Water
11.6.2 Pure Water
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Orthopedic Surgery
11.10.2 Skin Trauma
11.10.3 Other Medical Condition
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Tap Water
12.6.2 Pure Water
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Orthopedic Surgery
12.10.2 Skin Trauma
12.10.3 Other Medical Condition
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Tap Water
13.6.2 Pure Water
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Orthopedic Surgery
13.10.2 Skin Trauma
13.10.3 Other Medical Condition
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Heat Therapy Pumps Market: Competitive Dashboard
14.2 Global Heat Therapy Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Harvard Apparatus
14.3.2 Adroit Medical Systems
14.3.3 Stryker
14.3.4 Richmar
