Cold Pain Therapy Market Research Report: Industry Size and Forecast


Posted February 23, 2024 by delvens123

The global Cold Pain Therapy Market is anticipated to reach USD 1.8 billion in 2021 growing at a CAGR of 4.7% during the forecasting period, 2021-2028.

 
Cold Pain Therapy Market, by Product (OTC (Gels, Creams, Patches, Wraps, Pads), Prescription Devices (Motorized, Non-Motorized), Applications (Musculoskeletal, Post Op, Sports Medicine), Distribution Channel (Hospital, Retail) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Cold Pain Therapy Market Overview
The global Cold Pain Therapy Market is anticipated to reach USD 1.8 billion in 2021 growing at a CAGR of 4.7% during the forecasting period, 2021-2028.
Cold therapy also known as cryotherapy is a pain-relieving therapy that acts by reducing the blood flow to the affected part and thus leads to a reduction in swelling and inflammation. This is extremely useful if the affected part is a joint or a tendon. It also tends to cut down the nerve functionality so thus also reduce the pain. There is major 4 types of cryotherapies namely 1. Cryotherapy products 2. Cryostreching 3. Cryokinetics 4. Ice baths.
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With people becoming more gym cautious there are increased cases of knees and hip injuries and moreover people have started to avoid pain killers due to their harmful effects are some of the factors that have supported long-term expansion for the cold pain therapy industry.
Key Findings
Global Cold Pain Therapy Market is segmented into product, application, end-user, and geography.
Product segment is segmented into Implants, Plates, Screw, Wires, Internal Fixators, Braces, and Prosthesis
Application segment is segmented into Rheumatoid Arthritis, Osteoporosis, and Hammertoe
End-User segment is segmented into Hospital and Ambulatory Surgical Centres
Geographically, Global Cold Pain Therapy Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America and insights are provided for each region and major countries within the regions
Cold Pain Therapy Market Competitive Landscape
Key players
• DePuy Synthes Companies (US)
• Stryker Corporation (US)
• Zimmer Biomet Holdings Inc (US)
• Smith & Nephew plc (UK)
• Arthrex Inc (US)
• Integra LifeSciences Holdings Corporation (US)
• DJO Finance LLC (US)
• CONMED Corporation (US)
• Össur HF (Iceland)
• Orthofix Medical Inc. (US)
• Medartis AG (Switzerland)
• Acumed LLC (US)
• Extremity Medical (US)
• aap Implantate AG (Germany)
• Ottobock SE & Co. KGaA (Germany)
• Ortho Solutions UK Ltd. (UK)
• Vilex in Tennessee Inc. (US)
• Advanced Orthopaedic Solutions (US)
• Fillauer LLC (US)
• Groupe FH Ortho (France)
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Reasons to Acquire in the Cold Pain Therapy Market
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
• Gain authentic and granular data access for the Global Cold Pain Therapy Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth pattern
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Frequently Asked Questions
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Last Updated February 23, 2024