Cold Pain Therapy Market by Product, Application, Distribution Channel, and Region

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Global Cold Pain Therapy Market

Global Cold Pain Therapy Market

Global Cold Pain Therapy Market

Dublin, Oct. 31, 2022 (GLOBE NEWSWIRE) — The “Cold Pain Therapy Market by Product (OTC (Gels, Creams, Patches, Wraps, Pads), Prescription (Motorized, Non-Motorized)), Application (Musculoskeletal, Post-Op, Sports Injuries), Sales Channel distribution (hospital, retail, E-Pharmacy) – Global forecasts to 2027″ report has been added to from ResearchAndMarkets.com offer.

The global cold pain therapy market is expected to reach USD 2.4 billion by 2027, from USD 1.8 billion in 2022, growing at a CAGR of 5.1% during the forecast period. The growth of this market is mainly driven by the increasing incidence of arthritis and the availability of cold pain products at an affordable cost.

The over-the-counter segment accounted for the highest growth rate in the cold pain therapy market, by product, during the forecast period.

The cold pain therapy market is segmented into over-the-counter products and product-based prescription products. In 2021, the over-the-counter segment accounted for the highest growth rate in the cold pain therapy market. The growth of the market can be largely attributed to the ease of access to OTC products in retail and online pharmacies.

The e-pharmacy segment accounted for the highest CAGR.

Based on distribution channel, the cold pain therapy market has been segmented into hospital pharmacies, retail pharmacies, and online pharmacies. In 2021, the e-pharmacy segment represented the highest growth rate. This can be attributed to ease of access to drugs coupled with additional discounts.

Asia-Pacific: Fastest growing cold pain therapy market in the region.

The global cold pain therapy market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The Asia-Pacific region is expected to register the highest CAGR during the forecast period. Factors such as the increase in the geriatric population coupled with the increasing prevalence of arthritis and other musculoskeletal disorders.

Main topics covered:

1. Introduction

2 Research methodology

3 Executive summary

4 premium previews
4.1 Cold Pain Therapy Market Overview
4.2 Cold Pain Therapy Market Share, by Product, 2022 vs. 2027
4.3 Cold Pain Therapy Market Share, by Application, 2022 vs. 2027
4.4 Cold Pain Therapy Market Share, by Distribution Channel, 2022 vs. 2027
4.5 Cold Therapy Market: Geographic Growth Opportunities

5 Market Overview
5.1 Presentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Incidence of Sports Injuries and Increased Emphasis on Exercise and Gymnastics Activities
5.2.1.2 Growing Number of Hip and Knee Surgeries Worldwide
5.2.1.3 Increase in geriatric population and subsequent increase in prevalence of bone disease and trauma
5.2.1.4 Growing need for safer pain management modalities versus oral pharmacotherapy
5.2.1.5 Clinical evidence in favor of topical menthol analgesics
5.2.2 Constraints
5.2.2.1 Wide Use of Cheap Analgesic Pills for Immediate Pain Relief
5.2.2.2 Lack of Substantial Clinical and Reimbursement Evidence for Cold Pain Therapy
5.2.2.3 Health Risks and Discomfort Associated with Cold Pain Treatment Products
5.2.3 Opportunities
5.2.3.1 Growing Adoption of Pain Relief Patches
5.2.3.2 Growing use of cold pain therapy among middle-aged women
5.2.3.3 Rising Regulatory Barriers for Oral Analgesics
5.2.4 Challenges
5.2.4.1 Availability of other non-drug therapies/pain management devices
5.2.5 Impact of COVID-19 on the Cold Pain Therapy Market
5.3 Price Analysis
5.4 Patent Analysis
5.5 Value chain analysis
5.6 Supply Chain Analysis
5.7 Ecosystem/market map
5.8 Porter’s Five Forces Analysis
5.9 Regulatory landscape
5.10 Business Analysis
5.11 Technological analysis
5.12 Key Conferences and Events in 2022-2023
5.13 Trends/disruptions affecting customer business
5.13.1 Revenue streams are shifting towards safer pain management due to the COVID-19 pandemic
5.14 Key Stakeholders and Purchase Criteria
5.15 Case studies

6 Cold Pain Therapy Market, By Product
6.1 Presentation
6.2 OTC Products
6.2.1 Over-the-Counter Pharmaceuticals
6.2.1.1 Gels, ointments and creams
6.2.1.1.1 Gels, ointments and creams offer effective orthopedic pain management
6.2.1.2 Aerosols and foams
6.2.1.2.1 Procedural benefits offered by sprays and foams to increase their adoption by athletes
6.2.1.3 Fixes
6.2.1.3.1 Ability to Deliver Consistent Medication Dose Compared to Topical Creams, Leading to Greater Consumption of Cold Pain Patches
6.2.1.4 Bearings
6.2.1.4.1 Inconsistent drug delivery and the need for repeated use on the skin are expected to hinder the adoption of roll-ons
6.2.2 Over-the-counter medical devices
6.2.2.1 Cold compresses
6.2.2.1.1 Cold compresses are among the widely used medical devices for the treatment of pain with cold
6.2.2.2 Cooling pads, compresses, wraps and tampons
6.2.2.2.1 Growing availability of cooling jackets and cooling pads to drive the growth of this market segment
6.3 Prescription products
6.3.1 Motorized devices
6.3.1.1 Patient preference for motorized devices is increasing
6.3.2 Non-motorized devices
6.3.2.1 Non-motorized devices cost less than motorized devices

7 Cold Pain Therapy Market, by Application
7.1 Presentation
7.2 Musculoskeletal disorders
7.2.1 Rising prevalence of musculoskeletal disorders to drive the growth of this market segment
7.3 Postoperative therapy
7.3.1 Increase in Orthopedic Surgical Procedures to Drive Segment Growth
7.4 Post-traumatic therapy
7.4.1 Increasing Incidence of Trauma to Propel Segment Growth
7.5 Sports injuries
7.5.1 Increase in Sports Injuries to Drive Segment Growth

8 Cold Pain Therapy Market, By Distribution Channel
8.1 Presentation
8.2 Retail pharmacies
8.2.1 Retail Pharmacies Are the Largest Distribution Channel for Cold Pain Treatment Products
8.3 Hospital pharmacies
8.3.1 Improve Healthcare Infrastructure to Drive Segment Growth
8.4 E-pharmacies
8.4.1 e-Pharmacy Segment to Witness the Highest Growth over the Forecast Period

9 Cold Pain Therapy Market, by Region

10 Competitive Landscape
10.1 Overview
10.2 Key Player Strategies/Right to Win
10.2.1 Overview of Strategies Deployed by Cold Pain Therapy Market Players
10.3 Major Market Players Revenue Share Analysis
10.4 Market Share Analysis
10.4.1 Cold Pain Therapy Market
10.4.2 Europe: Cold Therapy Players Market Share
10.4.3 Europe: List of Key Players (2021)
10.5 Business Evaluation Matrix
10.5.1 List of evaluated suppliers
10.5.2 Stars
10.5.3 Emerging Leaders
10.5.4 Ubiquitous Players
10.5.5 Participants
10.6 Competitive Leadership Mapping for Startups/SMEs (2021)
10.6.1 Progressive companies
10.6.2 Starting Blocks
10.6.3 Sensitive businesses
10.6.4 Dynamic companies
10.7 Competitive Benchmarking
10.7.1 Product and Regional Footprint Analysis
10.8 Competitive Scenario
10.8.1 Product Launches
10.8.2 Offers

11 company profiles
11.1 Key Players
11.1.1 Beiersdorf AG
11.1.2 Djo Global, Inc.
11.1.3 Hisamitsu Pharmaceutical Co. Inc.
11.1.4 Ossur
11.1.5 Johnson & Johnson
11.1.6 Pfizer
11.1.7 Sanofi
11.1.8 Rohto Pharmaceutical
11.1.9 3M
11.1.10 Cardinal Health, Inc.
11.2 Other Players
11.2.1 Breg, Inc.
11.2.2 Medline Industries, Inc.
11.2.3 Performance Health
11.2.4 Romsons Industry Group
11.2.5 Unexo Life Sciences Pvt. ltd.
11.2.6 Bird & Cronin LLC
11.2.7 Polar Products Inc.
11.2.8 Rapid Aid Corp.
11.2.9 Mueller Sports Medicine, Inc.
11.2.10 Image Solution
11.2.11 Bruder Healthcare Company
11.2.12 Brownmed Inc.
11.2.13 Medihill
11.2.14 Compass Health Brands
11.2.15 Thermotek, Inc.

12 Appendix

For more information on this report, visit https://www.researchandmarkets.com/r/6f9g1g

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