The Cold Pain Therapy Market size in 2019 is estimated to be $ 1,690 million, growing at a CAGR of 4% during the forecast period 2021-2027.
Cold therapy is also called cryotherapy. By reducing blood flow to certain areas, you can significantly reduce the inflammation and swelling that causes pain, especially around the joints or tendons. Cold therapy temporarily reduces nerve activity and relieves pain. Cold remedies should be used at once to prevent damage to nerves, tissues, and skin. These products include creams, gels, ointments, sprays, cold packs, rolls, cooling towels, and electric and non-powered devices.
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Market Segments
By Product
- OTC Products
- Cold Packs
- Cooling Towels, Compresses, Wraps, and Pads
- Prescription Products
By Application
- Musculoskeletal Disorders
- Post-Operative Therapy
- Sports Medicine
- Post-Trauma Therapy
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- E-Pharmacies
Key Players
Sanofi (France), Pfizer (US), Hisamitsu Pharmaceutical (Japan), ROHTO Pharmaceutical (Japan), Beiersdorf (Germany), Johnson & Johnson (US), Medline Industries (US), Össur (Iceland), Performance Health (US), Breg (US), Romsons Group of Industries (India), Unexo Life Sciences (India), and Bird & Cronin (US)
Scope of the Report
The research study analyzes the global Cold Pain Therapy industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cold Pain Therapy Market Report
1. What was the Cold Pain Therapy Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Cold Pain Therapy Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Cold Pain Therapy Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Cold Pain Therapy market.
- The market share of the global Cold Pain Therapy market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Cold Pain Therapy market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Cold Pain Therapy market.
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