4.6% CAGR for “Cold Pain Therapy Market” to 2023 – Led by Therapy, Sports Medicine, and Post-Trauma Therapy Applications
Cold pain therapy market report studies factors affecting market growth. It analyzes opportunities & challenges in market & provides details of competitive landscape for market leaders. Report analyzes micro markets with respect to their individual growth trends.
Pune, India – June 8, 2018 /MarketersMedia/ —
The global cold pain therapy market is projected to reach USD 2.12 Billion by 2023 from USD 1.69 Billion in 2018, at a CAGR of 4.6%. The increasing incidence of sports injuries and rising emphasis on exercise and gym activities, growing number of hip and knee surgeries across the globe, and growing need for safer pain management modalities as opposed to oral drug therapy are expected to drive the demand for cold pain therapy products during the study period.
Access Latest Sample Papers of Cold Pain Therapy Market spread across 273 Pages, Profiling 15 Companies and Supported with 106 Tables and 126 Figures is now available at http://www.reportsnreports.com/contacts/requestsample.aspx?name=718464 .
Cold pain therapy market is segmented into musculoskeletal disorders, post-operative therapy, sports medicine, and post-trauma therapy on the basis of application. In 2017, the musculoskeletal disorders segment is growing at the highest CAGR during the forecast period. The increasing incidence of arthritis, osteoarthritis, back pain, and joint pain; rising geriatric population; increasing trend of self care.
Stakeholders
• Cold pain therapy product manufacturers
• Healthcare service providers
• Distributors and suppliers
• Research laboratories and academic institutes
• Original equipment manufacturers (OEMs)
• Market research companies
Cold pain therapy market is categorized into OTC products and prescription products. In 2018, OTC products segment is expected to account for the largest share. The large share can be attributed to factors such as high patient preference for topical pharmaceuticals compared to oral medications owing to its lower side effects, fast pain relief, and convenience in use.
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Geographically, the cold pain therapy market is segmented into North America, Europe, Asia Pacific, and the RoW. APAC is projected to be the fastest-growing regional segment in the cold pain therapy market. The rising geriatric population, increasing incidence of arthritis, strong presence of major players in the cold pain therapy market with established product portfolios.
Competitive Landscape
1 Introduction
2 Market Share Analysis
3 Competitive Scenario
4 Recent Developments
5 New Product Launches
6 Agreements, Partnerships, and Contracts
7 Expansions
Some of the major players operating in the cold pain therapy market are Sanofi (France), DJO Finance (US), Pfizer (US), 3M (US), Hisamitsu Pharmaceutical (Japan), Johnson & Johnson (US), Medline Industries (US), Össur (Iceland), Performance Health (US), Beiersdorf (Germany), Rohto Pharmaceutical (US), Breg (US), Romsons Group of Industries (India), Custom Ice (US), and Unexo Life Sciences (India).
Click now for More Queries, Information and Discount on this study “Cold Pain Therapy Market by Product (OTC (Gels, Sprays, Patches, Cold Packs, Wraps, Pads, and Roll-Ons), Prescription-Based (Motorized, Non-Motorized Devices), Applications (Musculoskeletal Disorders, Post-Operative Therapy, Sports Medicine, and Post-Trauma Therapy) – Global Forecast to 2023” research at http://www.reportsnreports.com/contacts/discount.aspx?name=718464 .
Report studies the cold pain therapy market based on product, application, and region. The report also studies factors affecting market growth; it analyzes opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends.
Premium Insights
1 Key Drivers in the Cold Pain Therapy Market (2018-2023)
2 Global Cold Pain Therapy Market, By Product 2018 vs 2023 (USD Million)
3 Global Cold Pain Therapy Market: By Application (2018 vs 2023)
4 North America to Hold the Largest Market Share in the Cold Pain Therapy Market in 2018
5 Asia-Pacific to Register the Highest CAGR in Cold Pain Therapy Market
The report covers the cold pain therapy market across four major geographies, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is expected to command the largest share of the market in 2018.
Contact Info:
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Source: MarketersMedia
Release ID: 357464
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