Product Code: RP-ID-10079118 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Healthcare & Pharmaceuticals |
Report ID: 10079118
Market Overview:
Cold Pain Therapy Industry By Application (Musculoskeletal Disorders, Post-Operative Therapy, Sports Medicine, Post-Trauma Therapy), and By Product (OTC Products, Prescription Products) - Global Market Opportunity and Current Growth Analysis 2019-2025
Global Cold Pain Therapy Industry was valued at USD 1.69 Billion in the year 2018. Global Cold Pain Therapy Industry is further estimated to grow at a CAGR of 4.48% from 2019 to reach USD 2.29 Billion by the year 2025. In the global Cold Pain Therapy Industry, by region, North America holds the highest Industry share in 2018 and Asia Pacific is considered as the fastest growing Industry in the forecasted period. At the country level, U.S, Japan and China are the major markets and holds a substantial Industry share in 2018 and it is projected to grow at a gradual pace in the coming years. The growth is attributed due to growing awareness and rising geriatric population.
The Cold Pain Therapy Industry is segmented on the basis of products, application, and region. By product, the Industry is categorized into OTC product and prescription product of which OTC product was the largest type segment of the Cold Pain Therapy Industry in 2018 and is expected to grow with XX% CAGR in coming years. Based on application, it is classified into musculoskeletal disorders, post-operative therapy, sports medicine, and post-trauma therapy of these musculoskeletal disorders is expected to hold the highest Industry share in 2018.
Major market players in Cold Pain Therapy Industry are Beiersdorf, Breg, Sanofi, DJO Finance, Hisamitsu Pharmaceutical, Johnson & Johnson, Medline Industries, Össur, Performance Health, Pfizer, and Other 8 more companies detailed information is provide in the report.
SWOT analysis of Cold Pain Therapy Industry
Strength:
Growing number of injury cases caused by sports activities
Growth in health care expenditure
Weakness:
Side effects, and discomfort related with the treatment
Opportunities:
Inflexible regulatory approval process for oral pain medicines
Growing Awareness Among Consumers
Threats:
Lack of reimbursement
Cold Pain Therapy Industry Segmentation:
Cold Pain Therapy Industry Overview, By Product
• OTC Products
o Pharmaceuticals
o Medical Devices
• Prescription Products
o Motorized Devices
o Non-Motorized Devices
Cold Pain Therapy Industry Overview, By Application
• Musculoskeletal Disorders
• Post-Operative Therapy
• Sports Medicine
• Post-Trauma Therapy
Cold Pain Therapy Industry Overview, By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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Proof of Quality & Reliability
