Cold Pain Therapy Market Regional Analysis, Share, Growth Factor and Forecast till 2026| Rohto Pharmaceutical Co., Ltd., DJO Global, Medline Industries. Inc., Unexo Laboratories Pvt. Ltd., Bruder Healthcare

Competitive analysis performed in this Cold Pain Therapy Market report puts forth the moves of the key players in the Medical Devices industry such as new product launches, expansions, agreements, joint ventures, partnerships, and recent acquisitions. Two of the most widely used techniques namely SWOT analysis and Porter's Five Forces Analysis have been applied while preparing this market report. This gathered data and information is characterized very neatly with the help of most appropriate graphs, charts or tables in the whole report. In this swiftly transforming industry, market research or secondary research is the best way to collect information quickly where this Cold Pain Therapy Market research report is vital.

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Global Cold Pain Therapy Market By Product (OTC-based products {Pharmaceuticals, Medical Devices}, Prescription Based Products), Application (Musculoskeletal Disorder, Sport Medicine, Post-Operative, Post-trauma, Physical Therapy), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026

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.

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 .

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.

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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

Segmentation: Global Cold Pain Therapy Market

Cold Pain Therapy Market By Product

OTC Products
Pharmaceuticals
Gels, Ointments and Creams
Sprays and Foams
Patches
Roll-ons
Medical Devices
Cooling Towels
Compresses
Wraps
Pads
Cold packs
Prescription Products       
Motorized Devices
Non-motorized Devices          

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
U.S.
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa

Key Developments in the Cold Pain Therapy 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

Competitive Analysis:

Global cold pain therapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cold pain therapy market for global Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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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