Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Cold Pain Therapy is the treatment ideally recommended for the homecare of many injuries basically caused by the sports. It helps to reduce the swelling, further reducing sensitivity to pain. It is particularly effective for managing pain with swelling around a joint or tendon. The growing cases of sports injuries in the region is the key factor boosting the demand for the United States cold pain therapy market
The United States cold pain therapy market is driven by growing awareness among consumers, increasing prevalence of arthritis and rise in geriatric population which is fuelling the demand for the market at huge extend. Also, supporting initiative of the government is playing an important role for the development of the United States cold pain therapy market. In addition, awareness about the availability of cost-effective and launch of the innovative product lines is expected drive the growth highest pace. Besides, demand for cold pain therapy in the sports injury is key factor for the growth of United States cold pain therapy market.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the United States cold pain therapy market. In addition, complete analysis of changes on the United States cold pain therapy market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. Due to COVID-19 the market was affected moderately due to slow production and disruption of the supply chain for months. However, post COVID-19 the market is expected to rise in significant pace.
The cold pain therapy market is segmented based on by product, therapy, application, and distribution channel.
The cold pain therapy market is available in different product type like otc products, prescription products. OTC Products is segmented into pharmaceuticals and medical devices whereas prescription products includes motorized devices and non-motorized devices .Besides, pharmaceuticals is bifurcated to gels, ointments and creams, patches, roll-ons, sprays and foams and Medical devices including cooling towels, compresses, cold packs, pads and wraps. OTC products is anticipated to lead in the United States cold pain therapy market. The growth factor like switching from prescription medication to OTC. Also, majorly of the adults population have self-management medication to treat common injuries. In addition, prescription products is expected to grow at significant pace during the estimated timeframe.
The cold pain therapy market comprises of therapy like icepack therapy, chamber therapy and cryosurgery. Icepack therapy is leading segment in the market attributing to its potential features for reducing the extent of inflammatory reaction, to resolve intraarticular swelling, extraarticular swelling, resolving of swelling, normalizing the movement is the key factor driving the growth of segment thereby fuelling the demand for the United States cold pain therapy market.
The cold pain therapy market finds application in musculoskeletal disorders, sports medicine, post-operative therapy, and post-trauma therapy. Sports medicine followed by musculoskeletal disorders are the leading segment in the United States cold pain therapy market. Increasing sports injuries and Medical sports centers in the country has accelerated the demand for the cold pain therapy market in country. Also, rising burden of musculoskeletal disorders in country and increasing requirement for therapy has fuelled the demand for the United States cold pain therapy market.
The cold pain therapy market has its distribution channel like hospitals pharmacies, online pharmacies, and retail pharmacies. Retail pharmacies is expected to witness emerging growth in the United States cold pain therapy market. The increasing supply chain to these retail pharmacies due to rising demand for the cold pain therapy market with new products is driving the market growth. Also, online pharmacies is anticipated to grow at highest pace during the forecast period.
The key players in United States cold pain therapy market are Sanofi, 3M, Medtronic, Pfizer, Hisamitsu Pharmaceutical, Rohto Pharmaceutical, Beiersdorf, Johnson & Johnson, Medline Industries, Ossur, Performance Health, Breg, Romsons Group of Industries, Unexo Life Sciences, Bird & Cronin, DJO Global, DeRoyal Industries, Inc., Performance Health, Bruder Healthcare, Hot and Cold Company and Polar Products Inc among others.
The report analyses the United States cold pain therapy market based on by product, therapy, application, distribution channel. The cold pain therapy market is available in different product type like otc products, prescription products. OTC products is anticipated to lead in the United States cold pain therapy market .The cold pain therapy market comprises of therapy like icepack therapy, chamber therapy and cryosurgery. Icepack therapy is leading segment in the market attributing to its potential features for reducing the extent of inflammatory reaction. The market finds application in musculoskeletal disorders, sports medicine, post-operative therapy, and post-trauma therapy. Sports medicine followed by musculoskeletal disorders are the leading segment in the United States cold pain therapy market .The market has its distribution channel like hospitals pharmacies, online pharmacies, and retail pharmacies. Retail pharmacies is expected to witness emerging growth in the United States cold pain therapy market.
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