Global Cold Pain Therapy Market Is Expected To Reach Around USD 2.2 Billion By 2025

11-Feb-2019 | Zion Market Research

Zion Market Research has published a new report titled “Cold Pain Therapy Market by Product (OTC Products and Prescription Products), by Application (Musculoskeletal Disorders, Sports Injuries, Post-Operative Therapy, and Post-Trauma Therapy), and by Distribution Channel (Online Pharmacies, Retail Pharmacies, Hospital Pharmacies, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global cold pain therapy market was valued at approximately USD 1.6 billion in 2018 and is expected to generate around USD 2.2 billion by 2025, at a CAGR of around 4.8% between 2019 and 2025.

Cold pain therapy, also known as cryotherapy, involves the application of cold materials to relieve pain or decrease the pain due to injuries. Cold compression generally slows the blood flow, which, in turn, reduces pain, muscle spasm, and inflammation. The growing prevalence of musculoskeletal disorders and other bone- and muscle-related disorders are likely to fuel the growth of the global cold pain therapy market in the future.

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The global market for cold pain therapy is divided on the basis of application, product, and distribution channel. By product, the market for cold pain therapy is segmented into prescription products and OTC products. The OTC products segment is sub-segmented into medical devices and pharmaceuticals. The pharmaceuticals segment includes sprays and foams, roll-ons, patches, and ointments, gels, and creams. The medical devices segment includes cold packs and compressors, pads, wraps, and cooling towels. Prescription products are further divided into non-motorized devices and motorized devices. OTC products are anticipated to dominate the cold pain therapy market globally in the years ahead, owing to the rising use of pharmaceuticals for pain related to bones or injuries and the growing use of patches and cold packs by sports personalities. By application, the cold pain therapy market includes sports injuries, post-operative therapy, musculoskeletal disorders, and post-trauma therapy. The growing prevalence of musculoskeletal disorders due to the increasing geriatric population and the rising number of accidents is likely to drive the musculoskeletal disorders application segment in the years ahead. The distribution channel segment is divided into hospital pharmacies, online pharmacies, retail pharmacies, and others. Hospital pharmacies are likely to dominate the cold pain therapy market globally in the future, owing to the presence of a large patient pool in the hospitals.

Browse the full “Cold Pain Therapy Market by Product (OTC Products and Prescription Products), by Application (Musculoskeletal Disorders, Sports Injuries, Post-Operative Therapy, and Post-Trauma Therapy), and by Distribution Channel (Online Pharmacies, Retail Pharmacies, Hospital Pharmacies, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/cold-pain-therapy-market

Global Cold Pain Therapy Market

By region, North America is projected to dominate the global cold pain therapy market in the future. This can be attributed to the high prevalence of musculoskeletal disorders among the regional population. The Asia Pacific cold pain therapy market is anticipated to show the highest growth rate over the forecast time period due to the rise in the number of accidents, which may cause bone and muscular pain or disorders and require cold pain therapy treatment. The rise in the baby boomers population in the Asia Pacific region suffering from various bone or muscle disorders is also likely to fuel the growth of the region’s cold pain therapy market in the upcoming years.

Some key players of the global cold pain therapy market players are Sanofi, DJO Global, 3M, Pfizer Inc., Johnson & Johnson, Ossur, Performance Health, Medline Industries, Beiersdorf, and Custom Ice.

This report segments the global cold pain therapy market into:

Global Cold Pain Therapy Market: Product Analysis

  • OTC Products
    • Pharmaceuticals
      • Gels, Ointments, and Creams
      • Sprays and Foams
      • Patches
      • Roll-Ons
    • Medical Devices
      • Cooling Towels, Compresses, Wraps, and Pads
      • Cold Packs
  • Prescription Products
    • Motorized Devices
    • Non-Motorized Devices

Global Cold Pain Therapy Market: Application Analysis

  • Musculoskeletal Disorders
  • Sports Injuries
  • Post-Operative Therapy
  • Post-Trauma Therapy

Global Cold Pain Therapy Market: Distribution Channel Analysis

  • Online Pharmacies
  • Retail Pharmacies
  • Hospital Pharmacies
  • Others

Global Cold Pain Therapy Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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