Cold Pain Therapy Market

Market Leader - Cold Pain Therapy Market

The global cold pain therapy market size is projected to reach USD 2.0 billion by 2025 from USD 1.6 billion in 2020, at a CAGR of 4.4% during the forecast period. Rising prevalence of arthritis & other musculoskletal disorders along with the increase in the number of sports injuries are the key factors fueling the demand for cold pain therapy products for the management of pain. The ease of application of cold pain therapy products and growing availibulity of cold therapy products are expected to drive product demand during the forecast period.

Some of the prominent players operating in the cold pain therapy market are Sanofi (France), Pfizer (US), Hisamitsu Pharmaceutical (Japan), ROHTO Pharmaceutical (Japan), Beiersdorf (Germany), Johnson & Johnson (US), Medline Industries (US), Össur (Iceland), Performance Health (US), Breg (US), Romsons Group of Industries (India), Unexo Life Sciences (India), and Bird & Cronin (US) are some of the major players in the cold pain therapy markets among others. The analysis of market developments between 2017 and 2020 revealed that several growth strategies such as, research collaborations and parternships were adopted by market players to strengthen their product portfolios and maintain a competitive position in the  cold pain therapy market

To know about the assumptions considered for the study download the pdf brochure

Sanofi is among the leading pharmaceutical companies in the world. It focuses on the research, development, manufacture, and commercialization of healthcare products (including medicines, vaccines, and therapeutic products). The company operates its business through three segments, namely, Pharmaceuticals, Vaccines, and Consumer Healthcare. Sanofi offers a wide range of cold pain therapy products, such as patches, creams, sprays, balms, and roll-ons,through its Consumer Healthcare segment and its subsidiary Chattem, Inc. (US),

Sanofi has a strong geographic presence in over 100 countries, with distribution networks across more than 170 countries across the globe

ROHTO Pharmaceutical is engaged in the development, manufacturing, and marketing of the manufacturing, development, and marketing of pharmaceutical products, cosmetics, and functional foods. The company operates through four business units, namely, Eye Care, Skincare, Internal Medicines & Food, and Others. The company commercializes its  cold pain therapy products and other OTC medicines (such as pain relievers) through its subsidiary Mentholatum Company, Inc.

The company has a strong geographical reach worldwide. It has a distribution network in 110 countries, business offices in Osaka and Tokyo, and factories and laboratories in Kyoto, Osaka, and Mie Prefecture. Its major subsidiaries are ROHTO USA, Inc., Mentholatum Company, Inc. (US), Mentholatum Company Ltd. (UK), Mentholatum (China) Pharmaceutical Co., Ltd., Mentholatum Taiwan Ltd., PT ROHTO Laboratories Indonesia, ROHTO-Mentholatum (Vietnam) Co., Ltd., ROHTO Pharma (India) Pvt. Ltd., and ROHTO-Mentholatum (Bangladesh) Co., Ltd.

Related Reports:

Cold Pain Therapy Market by Product (OTC (Gels, Creams, Patches, Wraps, Pads), Prescription Devices (Motorized, Non-Motorized), Applications (Musculoskeletal, Post Op, Sports Medicine), Distribution Channel(Hospital, Retail) - Global Forecasts to 2025

Contact:
Mr. Aashish Mehra
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[email protected]

Report Code
MD 4660
RI Published ON
2/25/2021
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