Cold Pain Therapy MarketPosted by Mayuri Kathade. on August 30th, 2019 Cold Pain Therapy Market is expected to reach US$ 2.40 Bn by 2024 from US$ 1.67 Bn in 2017 at a CAGR of 4.6% during forecast period. Global Cold Pain Therapy Market comprehends the utilization of gelid elements in pain palliation. It decelerates blood flow to the injury which reduces pain & swelling with a decrease in muscle spasm, inflammation, and cold pain. Ice packs are effective, inexpensive, and drugless methods to relieve pain from sprains, strains, bruises, tendinitis, and swelling caused due to trauma to superficial tissues. One of the major driving factors for the growth of the global cold pain therapy market is an aging population in the world. Increase in acceptance of the analgesic patches and self-care preferences are anticipated to further contribute to in the global cold pain therapy market growth in the future. However, lack of reimbursement, clinical evidence for the medication for cold pain therapy, side effects, lack of financial assistance, and discomfort associated with the treatment are factors restraining the cold pain therapy market. Global Cold Pain Therapy Market Global Cold Pain Therapy Market is segmented by product, application, and region. Based on product, OTC products are anticipated to grow at the highest CAGR during the forecast period. The high patient preference for topical pharmaceuticals as compared to oral medications, owing to their lower side effects, fast pain relief, and convenience, is estimated to drive the growth of the OTC products segment in the next few years. On the basis of application, musculoskeletal disorders segment is the prominent application segment that accounted for the largest market share in the global market, owing to increasing geriatric patient pool suffering from chronic ailments such as osteoporosis and arthritis along with soaring demand to alleviate pain, swelling and speed up recovery post-surgical procedures. In terms of region, North America accounted for the largest share of the market in 2017. Europe is followed by North America in cold pain therapy market. Due to increased emphasis on maintenance of physical health with exercise and increased healthcare services in the Asia Pacific, the Asia Pacific is a lucrative market for cold pain therapy in the forecast period. The major player in the Global Cold Pain Therapy Market are Hisamitsu Pharmaceutical Co., Inc., 3M Company, Breg Inc., Johnson & Johnson, Ossur hf, ROHTO Pharmaceutical Co., Ltd., Sanofi, DJO Finance LLC, Beiersdorf AG, and Medline Industries Inc., Custom Ice (US), and Unexo Life Sciences (India). For more Information Visit @: https://www.maximizemarketresearch.com/market-report/global-cold-pain-therapy-market/10908/ Scope Of Global Cold Pain Therapy Market Global Cold Pain Therapy Market By Product
o Pharmaceuticals Gels, Ointments, and Creams Sprays and Foams Patches Roll-ons o Medical Devices Cooling Towels, Compresses, Wraps, and Pads Cold packs
o Motorized Devices o Non-motorized Devices Global Cold Pain Therapy Market By Application
Global Cold Pain Therapy Market By Geography
Key Players operating in Global Cold Pain Therapy Market
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