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Cold Pain Therapy Market 2023: Global Size, Share, Industry Growth, Trends, Opportunity Analysis And Forecast To 2032
Cold Pain Therapy Market
Cold Pain Therapy Market Size, Growth Rate, And Forecast
The global cold pain therapy market size is expected to grow from $1.55 billion in 2022 to $1.65 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cold pain therapy market is expected to grow to $2.09 billion in 2027 at a CAGR of 6.1%.
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Cold Pain Therapy Market Drivers
The increased importance of gym activities is significantly contributing to the growth of the cold pain therapy market. Gym activities are increasing due to the need to improve brain health, help manage weight, lower the risk of disease, strengthen bones and muscles, and improve the ability to do everyday tasks. Cold pain therapy products alleviate pain caused by musculoskeletal injuries that occur in gym activities.
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Cold Pain Therapy Market Segments
1) By Product: OTC Products, Prescription Products
2) By Distribution Channel: Retail Pharmacies, Hospital Pharmacies, E- Pharmacies
3) By Application: Musculoskeletal Disorders, Post-operative Therapy, Sports Injuries, Post-trauma Therapy
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cold Pain Therapy Market.
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Cold Pain Therapy Market Key Players
Major competitors in the Cold Pain Therapy Market include Unexo Lifesciences Pvt. Ltd., Össur Corporate, Hisamitsu Pharmaceutical Co., Inc., Johnson & Johnson, Pfizer Inc., Sanofi S.A., Rohto Pharmaceutical Co., Ltd., 3M, Cardinal Health Inc., Compass Health Brands, Breg Inc., Medline Industries, Performance Health, Romsons Group of Industries, Beiersdorf AG, and DJO Global Inc
The Business Research Company's "Global Cold Pain Therapy Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Cold Pain Therapy Market Include:
1. Executive Summary
2. Cold Pain Therapy Market Characteristics
3. Cold Pain Therapy Market Trends And Strategies
4. Cold Pain Therapy Market - Macro Economic Scenario
5. Cold Pain Therapy Market Size And Growth
.....
26. Africa Cold Pain Therapy Market
27. Cold Pain Therapy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cold Pain Therapy Market
29. Cold Pain Therapy Market Future Outlook and Potential Analysis
30. Appendix
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