Cold Pain Therapy Market 2020 (COVID-19 Impact Analysis) Biggest Innovation to Boost Global Growth, Share, Segments Breakdown, Top Key Players And Forecast 2026

The scope of this Cold Pain Therapy market report includes exhaustive insights of global and regional markets with the sense given for variation in the growth of the Healthcare industry in certain regions. The report contains information about the competitive situation among the market vendors and company profile. Besides, this report also provides market price analysis & value chain features. Global Cold Pain Therapy market research report offers information on production development, market sales, regional trade, investment calculation, investment opportunity, trade outlook, policy, regional market and other significant characteristic of the market.

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The large scale Cold Pain Therapy market analysis document contains company profiling of key players in the market, carefully analyzing their core competencies & drawing a competitive landscape for the market. It provides precious data which is prepared by understanding the needs of client. Moreover, the report has been kept efficient with respect to the market requirement changes. This market report comprises categorization by companies, region, type & end-use industry. Cold Pain Therapy market research report endows with the plentiful insights and business solutions that will support to stay ahead of the competition.

Market Analysis: Global Cold Pain Therapy Market

Global cold pain therapy market is expected to rise gradually registering a substantial CAGR of 5.3% in the forecast period of 2019-2026. This rise in market value can be attributed to Increase in the number of injuries caused during sports activities, rise in emphasis on exercise and gym activities to maintain health, growth in health care expenditure due to physical injuries caused by obesity or lack of activity and stringent regulatory approval process for oral pain medicines during the forecast period .

Key Market Competitors:

Some of the major players operating in global cold pain therapy market are Sanofi, 3M, Rohto Pharmaceutical Co., Ltd., DJO Global, Medline Industries.  Inc., Unexo Laboratories Pvt. Ltd.,  Bruder Healthcare, Hot and Cold Company, Polar Products Inc., FrozenPeaz Inc., Medichill UK, Romsons, MeyerDC, Hisamitsu Pharmaceutical Co., Breg, Inc., Rgis, Llc., Rapid Aid, Performance Health, Össur Corporate, Medtronic among others.

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The increase in market value can be attributed to rise in the number of injuries due to sports activities, increase in geriatric population, exercise and gym activities for health maintenance, increase in health care expenditure due to obesity and supportive initiative of the government is flourishing the market growth.

Market Definition: Global Cold Pain Therapy Market

Cold therapy also known as cryotherapy uses cold material for relieving local pain, myofascial pain and pain due to muscle spasm. It reduces the blood flow to a particular area, which help in reducing the inflammation and swelling around joints. This cold treatment slows down the blood flow to the injury and hence reducing the swelling and pain. The use of ice packs is most widely used as a primary analgesic in relieving pain. Mainly the injuries caused due to the sports activity, gym activities are the major drivers for the growth of this market.

Segmentation: Global Cold Pain Therapy Market

Cold Pain Therapy Market : By Product

OTC Products
Prescription Products

Cold Pain Therapy Market : By Application

Musculoskeletal Disorders
Sports Medicine
Post-Operative Therapy
Post-Trauma Therapy

Cold Pain Therapy Market : By Therapy:

 Icepack Therapy
 Chamber Therapy
 Cryosurgery

Cold Pain Therapy Market : By Distribution Channel

Hospitals Pharmacies
Online Pharmacies
Retail Pharmacies

Cold Pain Therapy Market : By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

Key Developments in the Market:

In June 2018, Halyard Health, Inc. in Alpharetta announced a definitive agreement to acquire Cool Systems, Inc., marketed as Game Ready, a provider of cold therapy and compression therapy systems. This would help in broadening the orthopedic footprint and would provide innovative non-opioid therapies that reduce or eliminate the usage of opioids for surgical patients

In April 2019, Pacira BioSciences, Inc.  announced its acquisition with MyoScience, Inc. (“MyoScience”), which will advance the non-opioid pain management by adding the FDA-approved iovera system to the Pacira commercial offering. This would help patients and healthcare providers to fight the opioid crisis by offering innovative therapies to decrease or eliminate the need for opioids

Cold Pain Therapy Market Drivers :

Increase in geriatric population is enhancing the market growth
Increase in demand of cold pain therapy mainly in the field of sports injury is a driving factor for the market growth
Availability of several products for pain relief in the market is accelerating the growth in the market
Growing awareness among consumers owing to promotional marketing strategies
Supportive initiative of the government is flourishing the market growth

Cold Pain Therapy Market Restraints :

Side effects due to use of cold pain therapies coupled with various discomforts is a restraint in the market growth
The clinical evidence for the medication of cold pain therapy is also hampering the market growth

Reasons to Purchase this Report:

Current and future of global cold pain therapy market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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