Global Cold Pain Therapy OTC Products Market Growth (Status and Outlook) 2024-2030

Global Cold Pain Therapy OTC Products Market Growth (Status and Outlook) 2024-2030

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.

The global Cold Pain Therapy OTC Products market size is projected to grow from US$ 1358 million in 2024 to US$ 1839 million in 2030; it is expected to grow at a CAGR of 5.2% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Cold Pain Therapy OTC Products Industry Forecast” looks at past sales and reviews total world Cold Pain Therapy OTC Products sales in 2022, providing a comprehensive analysis by region and market sector of projected Cold Pain Therapy OTC Products sales for 2023 through 2029. With Cold Pain Therapy OTC Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cold Pain Therapy OTC Products industry.

This Insight Report provides a comprehensive analysis of the global Cold Pain Therapy OTC Products landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Cold Pain Therapy OTC Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cold Pain Therapy OTC Products market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cold Pain Therapy OTC Products and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cold Pain Therapy OTC Products.

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 presents a comprehensive overview, market shares, and growth opportunities of Cold Pain Therapy OTC Products market by product type, application, key players and key regions and countries.

Segmentation by Type:
Creams
Gels
Patches
Others

Segmentation by Application:
Hospitals Pharmacies
Retail Pharmacies
Online Pharmacies

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Creams
Gels
Patches
Others

Segmentation by Application:
Hospitals Pharmacies
Retail Pharmacies
Online Pharmacies

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Romsons Group
Hisamitsu Pharmaceutical Co.,Inc
Sanofi
ThermoTek Inc
3M Company
Bruder Healthcare Company LLC
Beiersdorf AG
Össur
Medline Industries
LP
Cardinal Health Inc.

Please note: The report will take approximately 2 business days to prepare and deliver.