COLD PAIN THERAPY MARKET ANALYSIS

Cold Pain Therapy MarketSize and Trends

Increasing prevalence of skin, prostate, retinoblastoma, cervical cancer, and others and increasing rate of accidental and sport injuries are the major driving factors affecting growth of the cold pain therapy market. For instance, according to the Centers for Disease Control and Prevention (CDC), 12,578 women in the U.S. were diagnosed with cervical cancer while 4,115 women in the U.S. died from cervical cancer in 2014. In addition, according to the Cancer Research UK, 3,224 new cases of cervical cancer were reported in 2014, in the U.K., alone.

Moreover, increasing workplace related injuries and sport injuries is expected to boost growth of the cold pain therapy market. For instance, according to the Health and Safety Executive (HSE), 0.6 million non-fatal injuries at workplace were accounted in 2016. Moreover, new cases of work-related illness in the U.K. accounted for loses of US$ 12.4 billion in 2016. Furthermore, according to the U.S. Bureau of Labor Statistics 2016, around 2.9 million non-fatal workplace injuries and illness were reported by private industry employees in 2016.

Cold Pain Therapy Market Taxonomy:

On the basis of product, cold pain therapy market segmented into:

• OTC-based products
  • Pharmaceuticals
    • Gels, ointment and creams
    • Patches
    • Spray and foams
    • Roll-ons
  • Medical devices
    • Cold packs
    • Cooling pads, wraps and pads
  • Prescription-based products
    • Motorized cryotherapy devices
    • Non-motorized cryotherapy devices

On the basis of therapy type, cold pain therapy market segmented into:

• Cryosurgery
• Icepack therapy
• Chamber therapy

On the basis of device type, cold pain therapy market segmented into:

• Spray cryogun
• Dipstick applicator
• Cryoprobe
• Other devices

On the basis of application, cold pain therapy market segmented into:

• Dermatology
• Oncology
• Musculoskeletal disorder
• Pain management
• Sport medicine
• Physical therapy
• Ophthalmology
• Post-operative
• Post-trauma

On the basis of distribution channel, cold pain therapy market segmented into:

• Online pharmacies
• Retail pharmacies
• Hospital pharmacies