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.
As per industry analysts, the Cold Pain Therapy industry is currently reeling from the pandemics gripping effects, and remarkable changes have been observed in the market dynamics and demand trends over recent months. The financial strains being suffered by each business organization in this industry have significantly slowed down their progress. Additionally, the report assesses the pandemics overall impact on the global market growth and involves a future COVID-19 impact assessment to help readers make prudent business decisions.
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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 Segmentation:
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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