Market Overview:
The global cold pain therapeutics market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of musculoskeletal disorders, post-operative therapy, sports medicine and post-traumatic therapy applications. In addition, the growing demand for over-the-counter (OTC) products and rising awareness about the benefits of cold pain therapies are also contributing to the growth of this market. However, patent expirations for certain key drugs and stringent regulatory approvals are restraining the growth of this market. On the basis of type, OTC products accounted for a major share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to their easy availability and low cost as compared with prescription products. On account of their high efficacy in treating various indications such as musculoskeletal disorders, postoperative therapy etc., prescription products are witnessing high adoption rates across regions worldwide.
Product Definition:
Cold pain therapeutics is a branch of medicine that specializes in the treatment of pain using cold temperatures. Cold therapy is one of the oldest and most versatile forms of treatment for pain. It can be used to treat acute and chronic pain, as well as post-operative pain. Cold therapy works by causing blood vessels in the treated area to constrict, which reduces inflammation and swelling.
OTC Products:
OTC products are over-the-counter drugs that are used for the treatment of cold and flu symptoms. The global OTC products market is expected to grow at a lucrative rate during the forecast period owing to factors such as increasing consumer awareness regarding self-health care, rising disposable income, and rapid urbanization in emerging economies.
Cold Packs:
Cold packs are pads or gel packs that are used to apply cold to the painful area. It helps in reducing pain and swelling, thus it is majorly used for arthritis pain, sprains, back ache and other joint pains. The product also aids in reducing nerve inflammation and swelling as well as assists with blood flow.
The market is segmented on the basis of type which includes gel pack type and liquid pack type.
Application Insights:
The musculoskeletal disorders segment dominated the global market in 2017. This is due to the rising prevalence of chronic diseases, such as rheumatoid arthritis, osteoarthritis and osteoporosis. Moreover, an increase in sports-related injuries has also propelled demand for cold pain therapeutics. According to a study published by NCBI in 2018, around 1 out of every 3 people aged between 15 and 64 have suffered from sports-related injuries during their lifetime. As per this same source, around 7 million U.S citizens were injured or disabled due to sport-related accidents between 2012 and 2016 (U.S National Injuries Database).
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced therapeutics, and favorable reimbursement policies are some factors attributing to its large share. Moreover, increasing incidence of sports injuries and rising number of patients with musculoskeletal disorders are expected to drive the regional market during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare facilities & infrastructure coupled with growing awareness about emerging technologies in developing countries such as China & India.
Growth Factors:
- Increasing prevalence of chronic pain conditions: The global prevalence of chronic pain is estimated to be around 20%, and this number is projected to grow in the coming years due to the aging population and rising rates of lifestyle-related diseases. This will create a large pool of patients who could benefit from cold pain therapies.
- Advances in technology: The development of new, more effective cold pain therapies will help drive growth in this market. For example, recent advances in cryotherapy have made it possible to target specific areas with extreme cold, providing relief from pain and inflammation.
- Growing awareness about the benefits of cold therapy: There is growing awareness among both healthcare professionals and patients about the benefits of using cold therapy for treating various types of pain conditions. This increased awareness will help boost demand for Cold Pain Therapeutics products worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cold Pain Therapeutics Market Research Report
By Type
OTC Products, Cold Packs, Cooling Towels, Prescription Products
By Application
Musculoskeletal Disorders, Post-Operative Therapy, Sports Medicine, Post-Trauma Therapy
By Companies
Sanofi, Pfizer, Hisamitsu Pharmaceutical, ROHTO Pharmaceutical, Beiersdorf, Johnson & Johnson, Medline Industries, Össur, Performance Health, Breg, Romsons Group of Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Cold Pain Therapeutics Market Report Segments:
The global Cold Pain Therapeutics market is segmented on the basis of:
Types
OTC Products, Cold Packs, Cooling Towels, Prescription Products
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Musculoskeletal Disorders, Post-Operative Therapy, Sports Medicine, Post-Trauma Therapy
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sanofi
- Pfizer
- Hisamitsu Pharmaceutical
- ROHTO Pharmaceutical
- Beiersdorf
- Johnson & Johnson
- Medline Industries
- Össur
- Performance Health
- Breg
- Romsons Group of Industries
Highlights of The Cold Pain Therapeutics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OTC Products
- Cold Packs
- Cooling Towels
- Prescription Products
- By Application:
- Musculoskeletal Disorders
- Post-Operative Therapy
- Sports Medicine
- Post-Trauma Therapy
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cold Pain Therapeutics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cold Pain Therapeutics is a clinical-stage biotechnology company focused on the development of novel therapeutics to address chronic pain. The company's lead product candidate, CPX-101, is an investigational drug that targets nerve pain and has been shown to be safe and effective in preclinical studies.
Some of the major players in the cold pain therapeutics market are Sanofi, Pfizer, Hisamitsu Pharmaceutical, ROHTO Pharmaceutical, Beiersdorf, Johnson & Johnson, Medline Industries, –ssur, Performance Health, Breg, Romsons Group of Industries.
The cold pain therapeutics market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cold Pain Therapeutics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cold Pain Therapeutics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cold Pain Therapeutics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cold Pain Therapeutics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cold Pain Therapeutics Market Size & Forecast, 2018-2028
4.5.1 Cold Pain Therapeutics Market Size and Y-o-Y Growth
4.5.2 Cold Pain Therapeutics Market Absolute $ Opportunity
Chapter 5 Global Cold Pain Therapeutics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cold Pain Therapeutics Market Size Forecast by Type
5.2.1 OTC Products
5.2.2 Cold Packs
5.2.3 Cooling Towels
5.2.4 Prescription Products
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cold Pain Therapeutics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cold Pain Therapeutics Market Size Forecast by Applications
6.2.1 Musculoskeletal Disorders
6.2.2 Post-Operative Therapy
6.2.3 Sports Medicine
6.2.4 Post-Trauma Therapy
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cold Pain Therapeutics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cold Pain Therapeutics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cold Pain Therapeutics Analysis and Forecast
9.1 Introduction
9.2 North America Cold Pain Therapeutics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cold Pain Therapeutics Market Size Forecast by Type
9.6.1 OTC Products
9.6.2 Cold Packs
9.6.3 Cooling Towels
9.6.4 Prescription Products
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cold Pain Therapeutics Market Size Forecast by Applications
9.10.1 Musculoskeletal Disorders
9.10.2 Post-Operative Therapy
9.10.3 Sports Medicine
9.10.4 Post-Trauma Therapy
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cold Pain Therapeutics Analysis and Forecast
10.1 Introduction
10.2 Europe Cold Pain Therapeutics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cold Pain Therapeutics Market Size Forecast by Type
10.6.1 OTC Products
10.6.2 Cold Packs
10.6.3 Cooling Towels
10.6.4 Prescription Products
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cold Pain Therapeutics Market Size Forecast by Applications
10.10.1 Musculoskeletal Disorders
10.10.2 Post-Operative Therapy
10.10.3 Sports Medicine
10.10.4 Post-Trauma Therapy
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cold Pain Therapeutics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cold Pain Therapeutics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cold Pain Therapeutics Market Size Forecast by Type
11.6.1 OTC Products
11.6.2 Cold Packs
11.6.3 Cooling Towels
11.6.4 Prescription Products
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cold Pain Therapeutics Market Size Forecast by Applications
11.10.1 Musculoskeletal Disorders
11.10.2 Post-Operative Therapy
11.10.3 Sports Medicine
11.10.4 Post-Trauma Therapy
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cold Pain Therapeutics Analysis and Forecast
12.1 Introduction
12.2 Latin America Cold Pain Therapeutics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cold Pain Therapeutics Market Size Forecast by Type
12.6.1 OTC Products
12.6.2 Cold Packs
12.6.3 Cooling Towels
12.6.4 Prescription Products
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cold Pain Therapeutics Market Size Forecast by Applications
12.10.1 Musculoskeletal Disorders
12.10.2 Post-Operative Therapy
12.10.3 Sports Medicine
12.10.4 Post-Trauma Therapy
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cold Pain Therapeutics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cold Pain Therapeutics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cold Pain Therapeutics Market Size Forecast by Type
13.6.1 OTC Products
13.6.2 Cold Packs
13.6.3 Cooling Towels
13.6.4 Prescription Products
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cold Pain Therapeutics Market Size Forecast by Applications
13.10.1 Musculoskeletal Disorders
13.10.2 Post-Operative Therapy
13.10.3 Sports Medicine
13.10.4 Post-Trauma Therapy
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cold Pain Therapeutics Market: Competitive Dashboard
14.2 Global Cold Pain Therapeutics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sanofi
14.3.2 Pfizer
14.3.3 Hisamitsu Pharmaceutical
14.3.4 ROHTO Pharmaceutical
14.3.5 Beiersdorf
14.3.6 Johnson & Johnson
14.3.7 Medline Industries
14.3.8 Össur
14.3.9 Performance Health
14.3.10 Breg
14.3.11 Romsons Group of Industries
