The global demand for Cold Pain Therapy Market is presumed to reach the market size of nearly USD 10.54 BN by 2030 from USD 5.6 BN in 2022 with a CAGR of 8.22% under the study period 2023 - 2030.
Cold pain therapy treats pain that is caused by injuries by using cold relief. Cold pain therapy applies to injuries like sprained ligaments, muscles, and severe bruises. This treatment is also used to treat chronic overuse or tissue fatigue injuries. Pharmaceuticals, medical equipment, and OTC products are all used in cold pain therapy.
The growing incidences of musculoskeletal disorders, post-traumatic pain, and advancements to provide fast pain relief is expected to drive the market growth of cold pain therapy. The availability of a broad range of cold pain relief products like patches, gels, sprays, and roll-ons may accelerate the market growth of cold pain therapy. The rise in the prevalence of sports-related injuries may fuel the market growth for cold pain therapy. Also, the growing number of the elderly population who are more prone to joint pain problems may boost the market growth of cold pain therapy. Additionally, the decline in medication costs for cold pain therapy is anticipated to support the market growth. However, the increase in the use of painkillers and their side effects, the need for more awareness about cold pain treatments, and alternative pain relief treatments may hamper the expansion of cold pain therapy.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cold pain therapy. The growth and trends of cold pain therapy industry provide a holistic approach to this study.
This section of the cold pain therapy market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
By Application
By Distribution Channel
This section covers the regional outlook, which accentuates current and future demand for the Cold Pain Therapy market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cold pain therapy market include Beiersdorf, Breg Inc., DJO Global, Hisamitsu Pharmaceutical Co. Inc., Johnson & Johnson, ÖssurCorporate, Performance Health, Pfizer Inc., DeRoyal Industries Inc., Romsons Group of Industries. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Avail customized purchase options to meet your exact research needs: