Emergen Research has recently published a detailed report on the global Cold Pain Therapy Market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Cold Pain Therapy Market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the Cold Pain Therapy Market and contains a detailed analysis of the key elements influencing the growth of the market in the region. The research study also contains historical, current, and forecast estimations for each sector, segment, sub-segment, and regions.
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. 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.
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Rising regulatory approvals and government funding for neurodegenerative diseases are contributing significantly to the market revenue growth. For instance, Food and Drug Administration (FDA) is steadily approving new treatments that significantly improve the lives of patients with a wide range of diseases. The FDA has increased the number of medications it has approved in recent years that help patients with devastating and, in some cases, fatal diseases live better, longer lives, or even cure them. In 2020, the Center for Drug Evaluation and Research (CDER) approved 53 novel drugs, 40% of which were first-in-class approvals, either as New Molecular Entities (NMEs) under New Drug Applications (NDAs) or as new biological products under Biologics License Applications (BLAs).
Global Cold Pain Therapy Market Report – Table of Contents:
Chapter 1 includes the global Cold Pain Therapy market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Cold Pain Therapy market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Cold Pain Therapy market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Cold Pain Therapy industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
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Emergen Research has segmented the global cold pain therapy market on the basis of product, therapy type, application, distribution channel, and region:
Product Outlook (Revenue, USD Billion; 2019-2030)
- OTC-based Product
- Pharmaceuticals
- Roll-ons
- Prescription Products
- Others
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
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- Hospitals
- Retail pharmacy
- E-commerce
Competitive Outlook:
The global Cold Pain Therapy market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Cold Pain Therapy market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Some of the key participants in this industry include:
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.
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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Regional Outlook of Cold Pain Therapy Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Valuable Market Insights:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Cold Pain Therapy market.
The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
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