Cold Pain Therapy market crossed the US$ 1.0 billion mark in 2022 and is expected to hit US$ 3.0 billion by 2030, recording a CAGR of 5.0% during the forecast period.
Cold pain therapy is used along with compression, elevation, and bracing to treat acute injuries. For example, non-steroidal anti-inflammatory drugs (NSAIDs) can produce a similar effect to cold pain therapy. However, NSAID therapy may delay the healing of acute injuries. But cold pain therapy with the utility of ice and heat can provide effective benefits. Business Market Insights Cold Pain Therapy Market report 2030, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Cold Pain Therapy Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Cold Pain Therapy Market is based on company profiles and their efforts on increasing product value and production.
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Kay Players :
- Breg, Inc.
- DJO, LLC
- Hisamitsu Pharmaceutical Co., Inc.
- Johnson & Johnson Services, Inc.
- DeRoyal Industries, Inc.
- Romsons Group of Industries
- Sanofi
- UNEXO LIFE SCIENCES PVT. LTD.
- Mueller Sports Medicine, Inc.
- Brownmed, Inc.
Recent strategic developments in the cold pain therapy market
The cold pain therapy market has undergone several significant developments, and a few of these have been mentioned below:
- In June 2021, Hisamitsu Pharmaceutical CO., Inc. announced the launching of a new product namely, “Air Salonpas Z” an analgesic and anti-inflammatory spray intended for treating muscle pain, bruises, and sprains.
- In January 2022, Ember Technologies, Inc. (Ember), announced a partnership with Cardinal Health for offering the world’s first self-refrigerated, cloud-based shipping box namely, the “Ember Cube”. Through this collaboration, it will enhance to deliver of a cold chain solution ensuring product integrity and security throughout the supply chain for temperature-sensitive medicine.
Target audience for the report:
- Cold pain therapy service providers
- Cold pain therapy related associations, organizations, forums, and alliances
- Government bodies, such as regulating authorities and policy makers
- Venture capitalists, private equity firms, and start-up companies
- End users of Cold pain therapy
- Research institutes, organizations, and consulting companies
Scope of the report:
In this report, the market has been segmented on the basis of:
- Product:
- OTC Products
- Sprays & Foams
- Gels, Ointments, & Creams
- Patches
- Cold Packs
- Roll-Ons
- Others
- OTC Products
- Prescription Products
- Non-motorized Devices
- Motorized Devices
Application
- Post-operative Therapy
- Orthopedic Conditions
- Post-Trauma Therapy
- Sports Medicine
- Distribution Channel:
- Hospital Pharmacy
- Retail Pharmacy
- E-Commerce
- Region
- North America
- Europe
- Asia Pacific (APAC)
- South & Central America
- Middle East & Africa
Cold Pain Therapy Market research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers, and challenges.
The final report will add the analysis of the Impact of Covid-19 in this report Cold Pain Therapy Market.
Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Cold Pain Therapy Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Cold Pain Therapy Market is analyzed and depicted in the report.
Some of the companies competing in the Cold Pain Therapy Market are
The report scrutinizes different business approaches and frameworks that pave the way for success in businesses. The report used expert techniques for analyzing the Cold Pain Therapy Market; it also offers an examination of the global market. To make the report more potent and easy to understand, it consists of infographics and diagrams. Furthermore, it has different policies and development plans which are presented in summary. It analyzes the technical barriers, other issues, and cost-effectiveness affecting the market.
Cold Pain Therapy Market Research Report 2030 carries in-depth case studies on the various countries which are involved in the Cold Pain Therapy Market. The report is segmented according to usage wherever applicable and the report offers all this information for all major countries and associations. It offers an analysis of the technical barriers, other issues, and cost-effectiveness affecting the market. Important contents analyzed and discussed in the report include market size, operation situation, and current & future development trends of the market, market segments, business development, and consumption tendencies. Moreover, the report includes the list of major companies/competitors and their competition data that helps the user to determine their current position in the market and take corrective measures to maintain or increase their share holds.
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What questions does the Cold Pain Therapy Market report answer about the regional reach of the industry
The report claims to split the regional scope of the Cold Pain Therapy Market.
- How do the sales figures look at present How does the sales scenario look for the future
- Considering the present scenario, how much revenue will each region attain by the end of the forecast period
- How much is the market share that each of these regions has accumulated presently
- How much is the growth rate that each topography will depict over the predicted timeline
The scope of the Report:
The report segments the Cold Pain Therapy Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the Cold Pain Therapy Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Reasons for buy this Report
- Highlights key business priorities to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Cold Pain Therapy market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest to components, type, and end-users.
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