Cold Pain Therapy Market by Product (OTC (Gels, Sprays, Patches, Cold Packs, Wraps, Pads, and Roll-Ons), Prescription-Based (Motorized, Non-Motorized Devices), Applications (Musculoskeletal Disorders, Post-Operative Therapy, Sports Medicine, and Post-Trauma Therapy) - Global Forecast to 2023
By: marketsandmarkets.com
Publishing Date: June 2018
Report Code: MD 4660
[273 Pages Report] The global cold pain therapy market was valued at USD 1.62 Billion in 2017 and is expected to reach USD 2.12 Billion by 2023, at a CAGR of 4.6% during the forecast period.
- Base Year: 2017
- Forecasted Year 2018
- Forecast Period: 2018 2023
Objectives of the study are:
- To define, describe, and forecast the global cold pain therapy market by product, application, and region
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the total market
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To forecast the revenue of the market segments with respect to four main regions, namely, North America (US & Canada), Europe (Germany, UK, France, Italy, Spain, and RoE), Asia Pacific (Japan, China, India, and RoAPAC), and the Rest of the World (Latin America and Middle East & Africa)
- To profile the key players and comprehensively analyze their market shares and core competencies
- To track and analyze competitive developments such as product launches; agreements, partnerships,; mergers and acquisitions; and R&D activities in the market
This research study involves the extensive usage of secondary sources, directories, and databases (such as Bloomberg Business and Factiva), to identify and collect information useful for this technical, market-oriented, and financial study of the cold pain therapy market. In-depth interviews were conducted with various primary respondents, including subject-matter experts (SMEs), C-level executives of key market players, and industry consultants to obtain and verify qualitative and quantitative information and to assess market prospects.
To know about the assumptions considered for the study, download the pdf brochure
As of 2017, the various product segments considered in cold pain therapy market was dominated by Sanofi (France), DJO Finance (US), and Pfizer (US). These companies accounted for a majority share of the global market in 2017. The other players involved in this market include 3M (US), Hisamitsu Pharmaceutical (Japan), Johnson & Johnson (US), Medline Industries (US), Φssur (Iceland), Performance Health (US), Beiersdorf (Germany), Rohto Pharmaceutical (US), Breg (US), Romsons Group of Industries (India), Custom Ice (US), and Unexo Life Sciences (India).
Stakeholders
- Cold pain therapy product manufacturers
- Healthcare service providers
- Distributors and suppliers
- Research laboratories and academic institutes
- Original equipment manufacturers (OEMs)
- Market research companies
Scope of the Report
This report categorizes the global cold pain therapy market into the following segments and subsegments:
Global Cold Pain Therapy Market, by Product
- OTC Products
- Pharmaceuticals
- Gels, Ointments, and Creams
- Sprays and Foams
- Patches
- Roll-ons
- Medical Devices
- Cooling Towels, Compresses, Wraps, and Pads
- Cold packs
- Pharmaceuticals
- Prescription Products
- Motorized Devices
- Non-motorized Devices
Global Cold Pain Therapy Market, by Application
- Musculoskeletal Disorders
- Sports Medicine
- Post-operative Therapy
- Post-trauma Therapy
Global Cold Pain Therapy Market, by Region
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe (RoE)
- Asia Pacific
- Japan
- China
- India
- Rest of Asia Pacific (RoAPAC)
- Rest of the World (RoW)
- Latin America
- Middle East and Africa
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the companys specific needs. The following customization options are available for the report:
Product Analysis
- Product matrix which gives a detailed comparison of the product portfolios of the top five companies
Company Information
- Detailed analysis and profiling of additional market players (Up to 5)
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Stakeholders
1.5 Currency
1.6 Scope of the Study
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Data
2.1.2 Primary Data
2.1.2.1 Key Data From Secondary Data
2.2 Market Size Estimation
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.5 Limitations
3 Executive Summary
4 Premium Insights
4.1 Key Drivers in the Market (2018-2023)
4.2 Global Market, By Product 2018 vs 2023 (USD Million)
4.3 Global Market: By Application (2018 vs 2023)
4.4 North America to Hold the Largest Market Share in the Cold Pain Therapy Market in 2018
4.5 Asia-Pacific to Register the Highest CAGR in Cold Pain Therapy Market During the Forecast Period (20182023)
5 Market Overview
5.1 Introduction
5.2 Key Market Drivers
5.2.1 Increasing Incidence of Sports Injuries and Rising Emphasis on Exercise and Gym Activities
5.2.2 Growing Number of Hip and Knee Surgeries Across the Globe
5.2.3 Growing Need for Safer Pain Management Modalities as Opposed to Oral Drug Therapy
5.2.4 Clinical Evidence in Favorof Menthol-Based Topical Analgesics
5.3 Key Market Restraints
5.3.1 High Usage of Low-Priced Analgesic Pills for Immediate Pain Relief
5.3.2 Lack of Reimbursement
5.3.3 Lack of Substantial Clinical Evidence in Favor of Cold Pain Therapy
5.3.4 Health Hazards and Discomfort Associated With Cold Pain Therapy Products
5.4 Key Market Opportunities
5.4.1 Growing Adoption of Analgesic Patches Because of the Advantages Associated With the Use of Them
5.4.2 Aging Population Sensitive to Traumatic Injuries
5.4.3 Growing Awareness Among Consumers Owing to Promotional Marketing Strategies
5.4.4 Growing Use of Cold Pain Therapy Among Middle-Aged Women
5.4.5 Increasing Regulatory Barriers for Oral Pain Medications
5.5 Key Market Challenges
5.5.1 Availability of Alternative Non-Drug/Device Pain Management Therapies
5.5.2 Stringent Regulations on Ammonium Nitrate Usage
6 Cold Pain Therapy Market, By Product
6.1 Introduction
6.2 OTC Products
6.2.1 Pharmaceuticals
6.2.1.1 Gels, Ointments, and Creams
6.2.1.2 Sprays and Foams
6.2.1.3 Patches
6.2.1.4 Roll-Ons
6.2.2 Medical Devices
6.2.2.1 Cold Packs
6.2.2.2 Cooling Towels, Compresses, Wraps, and Pads
6.3 Prescription Products
6.3.1 Motorized Devices
6.3.2 Non-Motorized Devices
7 Cold Pain Therapy Market, By Application
7.1 Introduction
7.2 Musculoskeletal Disorders
7.3 Post-Operative Therapy
7.4 Sports Medicine
7.5 Post-Trauma Therapy
8 Cold Pain Therapy Market, By Region
8.1 Global Market
8.2 North America
8.2.1 US
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Spain
8.3.5 Italy
8.3.6 Rest of Europe (RoE)
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.5 Rest of Asia Pacific (RoAPAC)
8.5 Rest of the World (RoW)
8.5.1 Latin America
8.5.2 Middle East and Africa
9 Competitive Landscape
9.1 Introduction
9.2 Market Share Analysis
9.3 Competitive Scenario
9.4 Recent Developments
9.4.1 New Product Launches
9.4.2 Agreements, Partnerships, and Contracts
9.4.3 Expansions
10 Company Profiles
10.1 Beiersdorf
10.2 Breg
10.3 Custom Ice
10.4 DJO Finance
10.5 Hisamitsu Pharmaceutical
10.6 Johnson & Johnson
10.7 Medline Industries
10.8 Φssur
10.9 Performance Health
10.1 Pfizer
10.11 Sanofi
10.13 Rohto Pharmaceutical
10.13 Romsons Group of Industries
10.14 Unexo Life Sciences
10.15 3M
11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Marketsandmarkets Subscription Portal
11.3 Marketsandmarkets Knowledge Store: Snapshot
11.4 Introducing RT: Real Time Market Intelligence
11.5 Available Customizations
11.6 Related Reports
List of Tables (106 Tables)
Table 1 Global Cold Pain Therapy Market, By Product, 20162023 (USD Million)
Table 2 Cold Pain Therapy Market for OTC Products, By Type, 20162023 (USD Million)
Table 3 Cold Pain Therapy Market for OTC Products, By Region, 20162023 (USD Million)
Table 4 Cold Pain Therapy Market Size for Pharmaceuticals, By Type 20162023 (USD Million)
Table 5 Cold Pain Therapy Market Size for Pharmaceuticals Market, By Region, 20162023 (USD Million)
Table 6 Cold Pain Therapy Market Size for Gels, Ointments, and Creams Market, By Region, 20162023 (USD Million)
Table 7 Cold Pain Therapy Market Size for Sprays & Foams Market, By Region, 20162023 (USD Million)
Table 8 Cold Pain Therapy Market Size Patches Market, By Region, 20162023 (USD Million)
Table 9 Cold Pain Therapy Market Size for Roll-Ons Market, By Region, 20162023 (USD Million)
Table 10 Cold Pain Therapy Market Size for Medical Devices Market, By Type, 20162023 (USD Million)
Table 11 Cold Pain Therapy Market Size for Medical Devices Market, By Region, 20162023 (USD Million)
Table 12 Cold Pain Therapy Market Size for Cold Packs Market, By Region, 20162023 (USD Million)
Table 13 Market Size for Cold Compresses, Wraps, and Pads Market, By Region, 20162023 (USD Million)
Table 14 Market Size for Prescription Products, By Type, 20162023 (USD Million)
Table 15 Market for Prescription Products, By Region, 20162023 (USD Million)
Table 16 Market Size for Motorized Devices Market, By Region, 20162023 (USD Million)
Table 17 Market Size for Non-Motorized Devices Market, By Region, 20162023 (USD Million)
Table 18 Market, By Application, 20162023 (USD Million)
Table 19 Market for Musculoskeletal Disorders, By Region, 20162023 (USD Million)
Table 20 Market for Post-Operative Therapy, By Region, 20162023 (USD Million)
Table 21 Market for Sports Medicine, By Region, 20162023 (USD Million)
Table 22 Market for Post-Trauma Therapy, By Region, 20162023 (USD Million)
Table 23 Market, By Region, 20162023 (USD Million)
Table 24 North America: Cold Pain Therapy Market, By Country, 20162023 (USD Million)
Table 25 North America: Market, By Product, 20162023 (USD Million)
Table 26 North America: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 27 North America: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 28 North America: Cold Pain Therapy Market for Prescription Products, By Type, 20162023 (USD Million)
Table 29 North America: Market, By Application, 20162023 (USD Million)
Table 30 US: Market, By Product, 20162023 (USD Million)
Table 31 US: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 32 US: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 33 US: Cold Pain Therapy Market for Prescription Products, By Type, 20162023 (USD Million)
Table 34 Canada: Market, By Product, 20162023 (USD Million)
Table 35 Canada: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 36 Canada: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 37 Canada: Cold Pain Therapy Market for Prescription Products, 20162023 (USD Million)
Table 38 Europe: Market, By Country, 20162023 (USD Million)
Table 39 Europe: Market, By Product, 20162023 (USD Million)
Table 40 Europe: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 41 Europe: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 42 Europe: Cold Pain Therapy Market for Prescription Products, By Type, 20162023 (USD Million)
Table 43 Europe: Market, By Application, 20162023 (USD Million)
Table 44 Germany: Market, By Product, 20162023 (USD Million)
Table 45 Germany: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 46 Germany: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 47 Germany: Cold Pain Therapy Market for Prescription Products, By Type, 20162023 (USD Million)
Table 48 UK: Market, By Product, 20162023 (USD Million)
Table 49 UK: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 50 UK: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 51 UK: Cold Pain Therapy Market for Prescription Products, By Type, 20162023 (USD Million)
Table 52 France: Market, By Product, 20162023 (USD Million)
Table 53 France: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 54 France: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 55 France: Cold Pain Therapy Market for Prescription Products, By Type, 20162023 (USD Million)
Table 56 Spain: Market, By Product, 20162023 (USD Million)
Table 57 Spain: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 58 Spain: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 59 Spain: Cold Pain Therapy Market for Prescription Products, By Type, 20162023 (USD Million)
Table 60 Italy: Market, By Product, 20162023 (USD Million)
Table 61 Italy: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 62 Italy: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 63 Italy: Cold Pain Therapy Market Size for Prescription Products, By Type, 20162023 (USD Million)
Table 64 RoE: Market Size, By Product, 20162023 (USD Million)
Table 65 RoE: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 66 RoE: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 67 RoE: Market for Prescription Products, By Type, 20162023 (USD Million)
Table 68 Asia Pacific: Cold Pain Therapy Market, By Country, 20162023 (USD Million)
Table 69 Asia Pacific: Cold Pain Therapy Market, By Product, 20162023 (USD Million)
Table 70 Asia Pacific: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 71 Asia Pacific: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 72 Asia Pacific: Cold Pain Therapy Market for Prescription Products, By Type, 20162023 (USD Million)
Table 73 Asia Pacific: Market, By Application, 20162023 (USD Million)
Table 74 Japan: Market, By Product, 20162023 (USD Million)
Table 75 Japan: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 76 Japan: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 77 Japan: Market for Prescription Products, By Type, 20162023 (USD Million)
Table 78 China: Market, By Product, 20162023 (USD Million)
Table 79 China: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 80 China: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 81 India: Market, By Product, 20162023 (USD Million)
Table 82 India: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 83 India: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 84 India: Market for Prescription Products, By Type, 20162023 (USD Million)
Table 85 Rest of Asia Pacific: Cold Pain Therapy Market, By Product, 20162023 (USD Million)
Table 86 Rest of Asia Pacific: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 87 Rest of Asia Pacific: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 88 Rest of Asia Pacific: Market for Prescription Products, By Type, 20162023 (USD Million)
Table 89 RoW: Market, By Country, 20162023 (USD Million)
Table 90 RoW: Market, By Product, 20162023 (USD Million)
Table 91 RoW: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 92 RoW: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 93 RoW: Cold Pain Therapy Market for Prescription Products, By Type, 20162023 (USD Million)
Table 94 RoW: Cold Pain Therapy Market, By Application, 20162023 (USD Million)
Table 95 Latin America: Market, By Product, 20162023 (USD Million)
Table 96 Latin America: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 97 Latin America: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 98 Latin America: Market for Prescription Products, By Type, 20162023 (USD Million)
Table 99 Middle East and Africa: Market, By Product, 20162023 (USD Million)
Table 100 Middle East and Africa: OTC Products Market for Pharmaceuticals, By Type, 20162023 (USD Million)
Table 101 Middle East and Africa: OTC Products Market for Medical Devices, By Type, 20162023 (USD Million)
Table 102 Middle East and Africa: Market for Prescription Products, By Type, 20162023 (USD Million)
Table 103 New Product Launches (20142018)
Table 104 Agreements, Partnerships, and Contracts (20142018)
Table 105 Acquisitions (2014-2018)
Table 106 Expansions (20142018)
List of Figures (126 Figures)
Figure 1 Research Design
Figure 2 Top-Down Approach
Figure 3 Top Down Approach
Figure 4 Bottom-Up Approach
Figure 5 Market Share, By Product (2018)
Figure 6 OTC Market Size for Pharmaceuticals Market, By Type, USD Million (2018)
Figure 7 Market Size for Medical Devices, By Product, USD Million (2018)
Figure 8 Market Share for Prescription Products, By Type (2018)
Figure 9 Market Share, By Application (2018)
Figure 10 Global Market to Offer Significant Growth Opportunities to Major Stakeholders During the Next Decade
Figure 11 OTC Products to Dominate the Cold Pain Therapy Market in 2018
Figure 12 Musculoskeletal Disorders Application Segment to Dominate the Cold Pain Therapy Market in 2018
Figure 13 North America to Hold the Largest Market Share in the Cold Pain Therapy Market in 2018
Figure 14 Asia Pacific to Register the Highest Growth Rate During the Forecast Period
Figure 15 Number of Hip and Knee Replacement Surgeries, By Country (2015)
Figure 16 Number of Deaths Due to Overdose of Opioid Pain Relievers in the US (20102015)
Figure 17 Global Cold Pain Therapy Market, By Product (2018)
Figure 18 Market Share for OTC Products, By Type (2018)
Figure 19 Market Share for OTC Products, By Region (2018)
Figure 20 Market Share for Pharmaceuticals, By Type 20162023 (USD Million)
Figure 21 Market Share for Pharmaceuticals Market, By Region (2018)
Figure 22 Market Share for Gels, Ointments, and Creams Market, By Region (2018)
Figure 23 Market Share for Sprays & Foams Market, By Region (2018)
Figure 24 Market Share Patches Market, By Region (2018)
Figure 25 Market Share for Roll-Ons Market, By Region (2018)
Figure 26 Market Share for Medical Devices Market, By Type (2018)
Figure 27 Market Share for Medical Devices Market, By Region, 2018
Figure 28 Market Share for Cold Packs Market, By Region (2018)
Figure 29 Market Share for Cold Compresses, Wraps, and Pads Market, By Region (2018)
Figure 30 Market Share for Prescription Products, By Type (2018)
Figure 31 Market Share for Prescription Products, By Region (2018)
Figure 32 Market Share for Motorized Devices Market, By Region (2018)
Figure 33 Market Share for Non-Motorized Devices Market, By Region (2018)
Figure 34 Market Share, By Application (20182023)
Figure 35 Market Share for Musculoskeletal Disorders, By Region (2018)
Figure 36 Market Share for Post-Operative Therapy, By Region (2018)
Figure 37 Market Share for Sports Medicine, By Region (2018)
Figure 38 Market Share for Post-Trauma Therapy, By Region (2018)
Figure 39 Market Share, By Region (2018)
Figure 40 North America: Cold Pain Therapy Market: Expected Trends (2018 vs 2023)
Figure 41 North America: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 42 North America: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 43 North America: Market Share for Prescription Products, By Type (2018)
Figure 44 North America: Market Share, By Application (2018)
Figure 45 US: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 46 US: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 47 US: Market Share for Prescription Products, By Type (2018)
Figure 48 Canada: Cold Pain Therapy Market Share, By Product (2018)
Figure 49 Canada: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 50 Canada: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 51 Canada: Market Share for Prescription Products, By Type (2018)
Figure 52 European Market: Expected Trends (2018 vs 2023)
Figure 53 Europe: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 54 Europe: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 55 Europe: Market Share for Prescription Products, By Type (2018)
Figure 56 Europe: Market Share, By Application (2018)
Figure 57 Germany: Market Share, By Product (2018)
Figure 58 Germany: OTC Products Market for Pharmaceuticals, By Type (2018)
Figure 59 Germany: OTC Products Market for Medical Devices, By Type (2018)
Figure 60 Germany: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 61 UK: Market Share, By Product (2018)
Figure 62 UK: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 63 UK: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 64 UK: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 65 France: Market Share, By Product (2018)
Figure 66 France: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 67 France: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 68 France: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 69 Spain: Market Share, By Product (2018)
Figure 70 Spain: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 71 Spain: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 72 Spain: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 73 Italy: Market Share, By Product (2018)
Figure 74 Italy: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 75 Italy: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 76 Italy: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 77 RoE: Market Share, By Product (2018)
Figure 78 RoE: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 79 RoE: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 80 RoE: Cold Pain Therapy Market Share for Prescription Products (2018)
Figure 81 Asia Pacific: Cold Pain Therapy Products Market (2018 vs 2023)
Figure 82 Asia Pacific: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 83 Asia Pacific: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 84 Asia Pacific: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 85 Asia Pacific: Market Share, By Application (2018)
Figure 86 Japan: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 87 Japan: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 88 Japan: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 89 China: Market Share, By Product (2018)
Figure 90 China: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 91 China: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 92 China: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 93 India: Market Share, By Product (2018)
Figure 94 India: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 95 India: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 96 India: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 97 RoAPAC: Market Share, By Product (2018)
Figure 98 Rest of Asia Pacific: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 99 Rest of Asia Pacific: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 100 Rest of Asia Pacific: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 101 RoW Cold Pain Therapy Products Market (2018 vs 2023)
Figure 102 RoW: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 103 RoW: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 104 RoW: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 105 RoW: Market Share, By Application (2018)
Figure 106 Latin America: Market Share, By Product (2018)
Figure 107 Latin America: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 108 Latin America: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 109 Latin America: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 110 Middle East and Africa: Market Share, By Product (2018)
Figure 111 Middle East and Africa: OTC Products Market Share for Pharmaceuticals, By Type (2018)
Figure 112 Middle East and Africa: OTC Products Market Share for Medical Devices, By Type (2018)
Figure 113 Middle East and Africa: Cold Pain Therapy Market Share for Prescription Products, By Type (2018)
Figure 114 New Product Launches Was the Most Widely Adopted Growth Strategy
Figure 115 Cold Pain Therapy Pharmaceuticals Market Share, By Key Player (2017)
Figure 116 Ranking of Key Players in the Prescription Cold Pain Therapy Medical Devices Market (2017)
Figure 117 Ranking of Key Players in the Cold Pain Therapy Medical Devices Market (2017)
Figure 118 Beiersdorf Company Snapshot (2017)
Figure 119 DJO Finance: Company Snapshot (2017)
Figure 120 Hisamitsu Pharmaceutical: Company Snapshot (2017)
Figure 121 Johnson & Johnson: Company Snapshot (2017)
Figure 122 Φssur: Company Snapshot (2017)
Figure 123 Pfizer: Company Snapshot (2017)
Figure 124 Sanofi: Company Snapshot (2017)
Figure 125 Rohto Pharmaceutical: Company Snapshot (2017)
Figure 126 3M: Company Snapshot (2017)
The global cold pain therapy market is projected to reach USD 2.12 Billion by 2023 from USD 1.69 Billion in 2018, at a CAGR of 4.6%. The increasing incidence of sports injuries and rising emphasis on exercise and gym activities, growing number of hip and knee surgeries across the globe, and growing need for safer pain management modalities as opposed to oral drug therapy are expected to drive the demand for cold pain therapy products during the study period.
This report broadly segments the cold pain therapy market into product, application, and region.
On the basis of product, the market is categorized into OTC products and prescription products. In 2018, OTC products segment is expected to account for the largest share. The large share can be attributed to factors such as high patient preference for topical pharmaceuticals compared to oral medications owing to its lower side effects, fast pain relief, and convenience in use.
Based on application, the market is segmented into musculoskeletal disorders, post-operative therapy, sports medicine, and post-trauma therapy. The musculoskeletal disorders segment is expected to be the fastest-growing segment of the market during the forecast period. OTC pharmaceuticals such as patches, creams, gels, and sprays are among the most commonly used cold pain therapy products for the treatment and management of musculoskeletal disorders. The increasing incidence of arthritis, osteoarthritis, back pain, and joint pain; rising geriatric population; increasing trend of self-care; and the growing preference for topical analgesics to manage musculoskeletal pain are some of the major factors driving the growth of this market segment.
The report covers the cold pain therapy market across four major geographies, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is expected to command the largest share of the market in 2018. The strong market position of North America in the market is mainly due to the growing geriatric population, increasing incidence of arthritis and sport injuries, product launches, stringent government regulations related to medical use of opioid analgesics, increasing adoption of pain relief patches, and growing brand promotion activities are expected to drive the growth of the North American market.
The major players of the market include Sanofi (France), DJO Finance (US), Pfizer (US), 3M (US), Hisamitsu Pharmaceutical (Japan), Johnson & Johnson (US), Medline Industries (US), Φssur (Iceland), Performance Health (US), Beiersdorf (Germany), Rohto Pharmaceutical (US), Breg (US), Romsons Group of Industries (India), Custom Ice (US), and Unexo Life Sciences (India).
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