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The global market for cold pain therapy is estimated to have significant CAGR of XX% during the forecast period. The market is mainly driven due to increasing hip and knee replacement surgeries coupled with the aging population across the globe.
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Orion Market Research Cold pain Therapy Market, Size, Share, Analysis Report & Forecast to 2025 Request a Free Sample of our Cold pain Therapy Market: https://www.omrglobal.com/request- sample/cold-pain-therapy-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The increasing sports-related injuries coupled with growing sports and recreating activities further encourage cold pain therapy that further contributes to market growth. According to the American Orthopaedic Society for Sports Medicine, the trend towards participation in organized sports has been reported. In the US, approximately, 30 million adolescents and children participate in youth sports. Each year, over 3.5 million kids under the age of 14 receive medical treatment for sports injuries. Moreover, children under the age group of 5 to 14 account for approximately 40% of all the sports-related injuries that are treated in hospitals. The rate and severity of injury rise with the age of the child. A full Report of Cold pain Therapy Market is Available at: https://www.omrglobal.com/industry- reports/cold-pain-therapy-market Furthermore, among athletes under the age group of 5-14, 28% of football players, 22% of soccer players, 12% of softball players, 15% of basketball players and, 25% of baseball players were injured while playing their respective sports. There has been a five-fold rise in the severe shoulder and elbow injuries among softball and baseball players, since 2000. This rising number of sports injuries is fueling the demand for medical bandages to manage joint pain, reduce swelling and providing protection and support to the management of wounds. With the rising prevalence of various cardiovascular diseases, people are adopting a healthy lifestyle by indulging in physical activities. With increasing sports activities, the market for cold therapy is estimated to grow at a substantial rate. Emerging economies likely to account significant contribution in the cold pain therapy market The improvement in the economic conditions of emerging economies such as China and India are expected to support the market’s growth. The prime factor for this is a rapidly growing Indian population and a significant share of the middle-class population that cannot afford the western medicines. Moreover, changing healthcare scenarios across India is creating opportunities for an increase in demand for cold pain therapy after knee and hip replacement surgeries. The other factors such as increasing incidences of sports injuries, growing number of surgeries and surge in recreating activities such as exercise, running and gym training raising the demand for cold pain therapy. Rising medical tourism and growth in the aging population are estimated to support market growth in the Asia- Pacific market. Request a Free Sample of our Cold pain Therapy Market: https://www.omrglobal.com/request- sample/cold-pain-therapy-market Moreover, the prevalence of hip fractures is also significant in Argentina. According to the International Osteoporosis Foundation, every year 34,000 people suffer from hip fractures in Argentina. Moreover, the lifetime prevalence of fractures for people of age above 50 years in Brazil was estimated to be 37.5%. According to the International Osteoporosis Foundation, Iran accounts for 12.4% of the overall burden of hip fracture in the Middle East region. Jordan is another country in which prevalence is significantly high. It is projected that there were 1,008 hip fractures per day in Jordan. Moreover, the International Osteoporosis Foundation estimates 36,000 daily hip fractures in Turkey. As the prevalence of such surgeries increases in the region, it is estimated to increase the demand for hip replacement surgeries, thereby increasing the application of cold pain therapy in the emerging market. Global Cold pain therapy Market Segmentation
By Type Prescription products OTC products By Application Sports Medicine Post-Trauma Therapy Musculoskeletal Disorders Post-Operative Therapy Global Cold pain therapy Market – Segment by Region North America United States Canada Europe Germany United Kingdom France Spain Italy Rest of Europe Asia-Pacific China Japan India Rest of Asia-Pacific Rest of the World Company Profiles Beiersdorf AG Breg, Inc. Bruder Healthcare Co. DJO Global, Inc. Erchonia Corp. Terran, LLC (IceWraps.)
Hisamitsu Pharmaceutical Co.,Inc. Johnson & Johnson Services, Inc. Kinex Medical Company, LLC Medline Industries, Inc. Össur Performance Health Holding, Inc. Pfizer Inc. Sanofi S.A Rohto Pharmaceutical Co., Ltd. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/cold-pain-therapy-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404