Cold Pain Therapy Market Size, Share, Growth, Trends 2021

Cold Pain Therapy Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2021 Market Research Report to It’s a Database.

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The global cold pain therapy market is estimated to grow at a CAGR of 5.0% from 2016 to 2021 to reach USD 1,087.7 million by 2021. The adoption of cold pain therapy products is rising across the globe due to the growing adoption of analgesic patches, increasing aging population, growing use of cold pain therapy among middle-aged women, and the rising preference for self-care. However, a lack of reimbursement for cold pain therapy, absence of clinical evidence in the favor of cold pain therapy, and significant health hazards and discomfort related to cold pain therapy products are restraining the growth of this market.

The global cold pain therapy market has been segmented on the basis of products into OTC [pharmaceuticals (gels, ointments, and creams, sprays and foams, patches, and roll-ons) and medical devices (cold packs, cooling towels, compress, wraps, and pads)] and prescription-based devices (motorized and non-motorized devices); application (musculoskeletal disorders, sport medicine, post-operative, post-trauma, and physical therapy); and region (North America, Europe, Asia-Pacific, and the Rest of the World).

The musculoskeletal disorders application segment is expected to account for the largest market share in 2016 and projected to grow at the fastest CAGR during the study period. The availability of a large number of OTC pain management products for musculoskeletal disorders, instant pain relief provided by cold therapy products, and increasing trend of self-care are some factors driving the growth of the musculoskeletal disorders market.

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Key Points From Table Of Content :

Company Profiles:

(Overview, Financials, Products & Services, Strategy, and Developments)*
• Top Market Players and Their Top Selling Brand: 2016
• Hisamitsu Pharmaceutical Co., Inc.
• Johnson & Johnson
• Sanofi
• Rohto Pharmaceutical Co., Ltd.
• 3M Company
• Medline Industries, Inc.
• Beiersdorf AG
• Breg, Inc.
• Össur HF
• DJO Finance LLC

Premium Insights:

• Market Opportunities for Growth in Market (2016-2021)
• Global Market, By Pharmaceutical and Medical Device (2016 vs 2021)
• Gels, Ointments, Creams, and Cold Packs to Dominate Market in 2016
• North America and Europe to Hold Majority Share of Cold Pain Therapy Products Market in 2016
• Asia-Pacific to Grow at the Highest CAGR in Market During the Forecast Period

Report Coverage:

This report studies cold pain therapy market based on product and application. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyzes opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends, future prospects, and contributions to the total market. The report forecasts the revenue of the market segments with respect to four main regions.
This report strategically profiles key players involved in the manufacturing and commercialization of cold pain therapy products and comprehensively analyze their market shares and core competencies. The report tracks and analyzes competitive developments such as new product launches, contracts, and agreements in the market.

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