Cold Pain Therapy Market: A View of the Current State and Future Outlook

Market Size – USD 1.70 Billion in 2021, Market Growth – at a CAGR of 5.1%, Market Trends Increased incidence of accidents from sports activities.

The global cold pain therapy market size reached USD 1.70 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of bone diseases, growing number of knee and joint surgeries, and rising number of sports and gym activities are some of the key factors increasing revenue growth of the cold pain therapy market. In addition, government agencies have also started investing to support this therapy, which is expected to rise the demand for this product.

This report is the latest document encompassing the massive changes that took place in the Cold Pain Therapy market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Cold Pain Therapy market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the Cold Pain Therapy industry. Hence, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively in extreme economic uncertainties.

 

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Competitive Outlook: The leading companies operating in the Cold Pain Therapy market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Cold Pain Therapy Market and Profiled in the Report are:

Pfizer Inc., Sanofi, Johnson Johnson Private Limited,  Polar Products Inc.,  DJO, LLC, Hisamitsu Pharmaceutical Co., Inc., Mueller Sports Medicine, Inc., Romsons, Bruder Healthcare Company LLC., ThermoTek

Objectives of the Report:

Study of the global Cold Pain Therapy market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Cold Pain Therapy market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Cold Pain Therapy market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Cold Pain Therapy market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Product Outlook (Revenue, USD Billion; 2019-2030)

    • OTC-based Product
    • Pharmaceuticals
    • Roll-ons
    • Prescription Products
  • Therapy Type Outlook (Revenue, USD Billion; 2019-2030)

    • Icepack Therapy
    • Cryosurgery
    • Chamber Therapy
  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Oncology
    • Musculoskeletal Disorders
    • Sports Medicine

Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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