Global Cold Pain Therapy OTC Products Market 2024 by Company, Regions, Type and Application, Forecast to 2030
Cryotherapy means cold therapy. Cold therapy can be applied in different ways. That can include ice packs, coolant sprays, ice massage, whirlpools, and ice baths. When used to treat injuries at home, cold therapy refers to therapy with ice or gel packs that are usually kept in the freezer until needed. These are one of the simplest, time-tested remedies for managing pain and swelling. It works by reducing blood flow to a particular area, which can significantly reduce inflammation and swelling that causes pain, especially around a joint or a tendon. It can temporarily reduce nerve activity, which can also relieve pain.
According to our (Global Info Research) latest study, the global Cold Pain Therapy OTC Products market size was valued at US$ 1353 million in 2023 and is forecast to a readjusted size of USD 1901 million by 2030 with a CAGR of 4.9% during review period.
Cold pain therapy plays a major role in managing the pain caused due to musculoskeletal disorder or sports related injuries. Thus, a rise in the number of sports-related injuries is anticipated to fuel the demand for cold pain therapy products that boost the growth of the cold pain therapy market size. For instance, according to data published by the National Safety Council in 2022 following a record low number of sports and recreational injuries reported in 2020, injuries increased 20% in 2021 and now have increased another 12% in 2022. In 2022, 3.6 million people were treated in emergency departments for injuries involving sports and recreational equipment. The activities most frequently associated with injuries are exercise, cycling, and basketball. Thus, the rise in the number of sports injuries is expected to cintribute significantly in the cold pain therapy market growth.
This report is a detailed and comprehensive analysis for global Cold Pain Therapy OTC Products market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Cold Pain Therapy OTC Products market size and forecasts, in consumption value ($ Million), 2019-2030
Global Cold Pain Therapy OTC Products market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Cold Pain Therapy OTC Products market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Cold Pain Therapy OTC Products market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Cold Pain Therapy OTC Products
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Cold Pain Therapy OTC Products market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Romsons Group, Hisamitsu Pharmaceutical Co.,Inc, Sanofi, ThermoTek Inc, 3M Company, Bruder Healthcare Company LLC, Beiersdorf AG, Össur, Medline Industries, LP, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Cold Pain Therapy OTC Products market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Cold Pain Therapy OTC Products market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Creams
Gels
Patches
Others
Market segment by Application
Hospitals Pharmacies
Retail Pharmacies
Online Pharmacies
Market segment by players, this report covers
Romsons Group
Hisamitsu Pharmaceutical Co.,Inc
Sanofi
ThermoTek Inc
3M Company
Bruder Healthcare Company LLC
Beiersdorf AG
Össur
Medline Industries
LP
Cardinal Health Inc.
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Cold Pain Therapy OTC Products product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Cold Pain Therapy OTC Products, with revenue, gross margin, and global market share of Cold Pain Therapy OTC Products from 2019 to 2024.
Chapter 3, the Cold Pain Therapy OTC Products competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Cold Pain Therapy OTC Products market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Cold Pain Therapy OTC Products.
Chapter 13, to describe Cold Pain Therapy OTC Products research findings and conclusion.