Cold Pain Therapy Market to Witness Steady Expansion During 2021 2025| Says Kenneth Research

The report further consists of an in-depth evaluation of the company profiles and the business strategies adopted by the key market players who are operating at a global level. Further, the report also consists the SWOT (strengths, weakness, opportunities and threats) analysis of all the key players operating in the market. The leading companies included in the report are Cold Pain Therapy Market.

The global Cold Pain Therapy Market was valued at USD 850.43 million in 2016 and is projected to reach USD 1294.63 million by 2025, growing at a CAGR of 4.78% from 2017 to 2025.

Cold Pain Therapy Market is currently expanding due to number of factors such as neglecting the oral pain relieve medicines, increasing number of injuries and accidents rising the demand of pain free treatment.

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Market Dynamics:
1. Market Drivers
1.1 Increasing incidences of sport injuries
1.2 Growing demand for safer pain management modalities against oral drug therapy
1.3 Growing customer awareness due to promotional marketing
1.4 Increasing emphasis on exercise and gym activities to maintain good health
1.5 Rising regulatory barriers for oral pain medications

2. Market Restraints
2.1 Reimbursement Risks
2.2 Health hazards and risks

Market Segmentation:
1. Global Cold Pain Therapy Market, by Application:
1.1 Musculoskeletal Disorders
1.2 Post-Operative Therapy
1.3 Sport Medicines
1.4 Post-Trauma
1.5 Physical Therapy

2. Global Cold Pain Therapy Market, by Product:
2.1 OTC Based products
2.1.1 Pharmaceuticals Gels, Ointments, and Creams Sprays and Foams Patches Roll-On
2.1.2 Medical devices Cold Packs Cooling Towels, Compresses, Wraps, and Pads
2.2 Prescription Based
2.2.1 Motorized devices
2.2.2 Non-Motorized Devices

3. Global Cold Pain Therapy Market, by Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Hisamitsu Pharmaceutical Co., Inc.
2. Johnson & Johnson
3. Sanofi
4. Rohto Pharmaceutical Co., Ltd.
5. 3M Company
6. Medline Industries, Inc.
7. Beiersdorf AG
8. Breg, Inc.
9. Ã-ssur HF
10. DJO Finance LLC

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Research study on the Cold Pain Therapy Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.

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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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