Cold Compression Therapy Market Overview

The report is titled as ‘Compression Therapy Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the cold compression therapy market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The cold compression therapy market is expected to grow at a significant rate in the near future.

The global cold compression therapy market in 2020 is estimated for more than US$ 3.7 Bn and expected to reach a value of US$ 5.4 Bn by 2028 with a significant CAGR of 4.8%.

Cold Compression Therapy Market Dynamics

Cold compression therapy refers to the application of cold materials to relieve pain. Ice packs are often used to reduce pain and swelling and can be directly applied to inflammations.

An upsurge in hip and knee surgeries coupled with the developing need for safer pain management modalities as opposed to oral drug therapy and the availability of clinical evidence favoring menthol-based topical analgesics also anticipates the cold compression therapy market growth.

Cold Compression Therapy Market Dynamics

The growing elderly population suffering from joint diseases is the primary factor responsible for propelling the growth of the cold compression therapy market during the next decade. Other factors like the elevated count of injuries due to road accidents, technical advancements in cold compression therapy, and the shift of youngsters towards gyming and exercising activities also boost the demand for such therapies, resulting in market growth.

However, the augmented consumption of oral drugs with the increasing demand for low-priced analgesic pills for immediate pain relief, and the unfavorable reimbursement policies are likely to restrict the market growth during the forecast years. Additionally, the low awareness about compression therapy and the availability of alternative therapies serve to be the restraining factors for this market.

Market opportunities are further created by the increasing count of orthopedic processes, adoption of analgesic patches, and the marketing strategies associated with cold compression therapies. Stringent regulatory barriers for the approval of oral pain medications and the upcoming advancements in cold compression therapies serve to be the key trends favoring the market growth.

Cold Compression Therapy Market Segmentation

The cold compression therapy market is segmented on the basis of product, injury type, end-user, and by region.

By Product:

    Cold Packs

    Patches

    Gels

    Sprays

    Wraps

    Pads

    Roll-Ons

By Injury Type:

     Wrist

    Foot and Ankle

    Shoulder

    Spine

    Other

By End-User:

    Hospitals

    Specialty Clinics

    Homecare Settings

    Other

By Region:

    North America

    Europe

    Asia Pacific

    Latin America

    Middle East

    Africa

Cold Compression Therapy Market Competitive Landscape

Key players operating in the global cold compression therapy market include DJO Global Inc., Berg, Sanofi, Pfizer, 3M, Johnson & Johnson, Cool Systems Inc., Hisamitsu Pharmaceutical, Ossur, Medline Industries, Performance Health, Rohto Pharmaceutical, Beiersdorf, Custom Ice, Romsons Group of Industries, and Unexo Life Sciences.

Regional Segmentation

On the basis of region, the cold compression therapy market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

MMC Overview on Compression Therapy Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.

A research report on the Compression Therapy market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

•    New product designs and launches

•    Current product compliance

•    Reimbursement

•    Concerns for use of Compression Therapy

•    Advantages of Compression Therapy 

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.

1.    Global Cold Compression Therapy Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Cold Compression Therapy Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Cold Compression Therapy Market Snapshot

2.4.    Global Cold Compression Therapy Market Size and Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Cold Compression Therapy Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Cold Compression Therapy Market, By Product

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Product

3.1.2.    BPS Analysis, By Product

3.2.    Market Revenue (US$Mn) Forecast, By Product

3.2.1.    Cold Packs

3.2.2.    Patches

3.2.3.    Gels

3.2.4.    Sprays

3.2.5.    Wraps

3.2.6.    Pads

3.2.7.    Roll-Ons

3.3.    Global Cold Compression Therapy Market Attractiveness Index, By Product

4.    Global Cold Compression Therapy Market, By Injury Type

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By Injury Type

4.1.2.    BPS Analysis, By Injury Type

4.2.    Market Revenue (US$Mn) Forecast, By Injury Type

4.2.1.    Wrist

4.2.2.    Foot and Ankle

4.2.3.    Shoulder

4.2.4.    Spine

4.2.5.    Other

4.3.    Global Cold Compression Therapy Market Attractiveness Index, By Injury Type

5.    Global Cold Compression Therapy Market, By End-user

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By End-user

5.1.2.    BPS Analysis, By End-user

5.2.    Market Revenue (US$Mn) Forecast, By End-user

5.2.1.    Hospitals

5.2.2.    Specialty Clinics

5.2.3.    Homecare Settings

5.2.4.    Other

5.3.    Global Cold Compression Therapy Market Attractiveness Index, By End-user

6.    Global Cold Compression Therapy Market, By Region

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Region

6.1.2.    BPS Analysis, By Region

6.2.    Market Revenue (US$Mn) Forecast, By Region

6.2.1.    North America

6.2.2.    Latin America

6.2.3.    Europe

6.2.4.    Asia Pacific

6.2.5.    Middle East

6.2.6.    Africa

6.3.    Global Cold Compression Therapy Market Attractiveness Index, By Region

7.    North America Cold Compression Therapy Market Analysis and Forecast, 2020–2028

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Country

7.1.2.    BPS Analysis, By Country

7.2.    Market Revenue (US$Mn) Forecast, By Country

7.2.1.    U.S. Cold Compression Therapy Market

7.2.2.    Canada Cold Compression Therapy Market

7.3.    North America Cold Compression Therapy Market, By Product

7.3.1.    Cold Packs

7.3.2.    Patches

7.3.3.    Gels

7.3.4.    Sprays

7.3.5.    Wraps

7.3.6.    Pads

7.3.7.    Roll-Ons

7.4.    North America Cold Compression Therapy Market, By Injury Type

7.4.1.    Wrist

7.4.2.    Foot and Ankle

7.4.3.    Shoulder

7.4.4.    Spine

7.4.5.    Other

7.5.    North America Cold Compression Therapy Market, By End-user

7.5.1.    Hospitals

7.5.2.    Specialty Clinics

7.5.3.    Homecare Settings

7.5.4.    Other

7.6.    North America Cold Compression Therapy Market Attractiveness Index

7.6.1.    By Country

7.6.2.    By Product

7.6.3.    By Injury Type

7.6.4.    By End-user

8.    Latin America Cold Compression Therapy Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market (US$Mn) Forecast, By Country

8.2.1.    Brazil Cold Compression Therapy Market

8.2.2.    Mexico Cold Compression Therapy Market

8.2.3.    Argentina Cold Compression Therapy Market

8.2.4.    Rest of Latin America Cold Compression Therapy Market

8.3.    Latin America Cold Compression Therapy Market, By Product

8.3.1.    Cold Packs

8.3.2.    Patches

8.3.3.    Gels

8.3.4.    Sprays

8.3.5.    Wraps

8.3.6.    Pads

8.3.7.    Roll-Ons

8.4.    Latin America Cold Compression Therapy Market, By Injury Type

8.4.1.    Wrist

8.4.2.    Foot and Ankle

8.4.3.    Shoulder

8.4.4.    Spine

8.4.5.    Other

8.5.    Latin America Cold Compression Therapy Market, By End-user

8.5.1.    Hospitals

8.5.2.    Specialty Clinics

8.5.3.    Homecare Settings

8.5.4.    Other

8.6.    Latin America Cold Compression Therapy Market Attractiveness Index

8.6.1.    By Country

8.6.2.    By Product

8.6.3.    By Injury Type

8.6.4.    By End-user

9.    Europe Cold Compression Therapy Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) Forecast, By Country

9.2.1.    U.K. Cold Compression Therapy Market

9.2.2.    Germany Cold Compression Therapy Market

9.2.3.    Italy Cold Compression Therapy Market

9.2.4.    France Cold Compression Therapy Market

9.2.5.    Spain Cold Compression Therapy Market

9.2.6.    Russia Cold Compression Therapy Market

9.2.7.    Poland Cold Compression Therapy Market

9.2.8.    BENELUX Cold Compression Therapy Market

9.2.9.    NORDIC Cold Compression Therapy Market

9.2.10.    Rest of Europe Cold Compression Therapy Market

9.3.    Europe Cold Compression Therapy Market, By Product

9.3.1.    Cold Packs

9.3.2.    Patches

9.3.3.    Gels

9.3.4.    Sprays

9.3.5.    Wraps

9.3.6.    Pads

9.3.7.    Roll-Ons

9.4.    Europe Cold Compression Therapy Market, By Injury Type

9.4.1.    Wrist

9.4.2.    Foot and Ankle

9.4.3.    Shoulder

9.4.4.    Spine

9.4.5.    Other

9.5.    Europe Cold Compression Therapy Market, By End-user

9.5.1.    Hospitals

9.5.2.    Specialty Clinics

9.5.3.    Homecare Settings

9.5.4.    Other

9.6.    Europe Cold Compression Therapy Market Attractiveness Index

9.6.1.    By Country

9.6.2.    By Product

9.6.3.    By Injury Type

9.6.4.    By End-user

10.    Asia Pacific Cold Compression Therapy Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    China Cold Compression Therapy Market

10.2.2.    India Cold Compression Therapy Market

10.2.3.    Japan Cold Compression Therapy Market

10.2.4.    Australia and New Zealand Cold Compression Therapy Market

10.2.5.    South Korea Cold Compression Therapy Market

10.2.6.    ASEAN Cold Compression Therapy Market

10.2.7.    Rest of Asia Pacific Cold Compression Therapy Market

10.3.    Asia Pacific Cold Compression Therapy Market, By Product

10.3.1.    Cold Packs

10.3.2.    Patches

10.3.3.    Gels

10.3.4.    Sprays

10.3.5.    Wraps

10.3.6.    Pads

10.3.7.    Roll-Ons

10.4.    Asia Pacific Cold Compression Therapy Market, By Injury Type

10.4.1.    Wrist

10.4.2.    Foot and Ankle

10.4.3.    Shoulder

10.4.4.    Spine

10.4.5.    Other

10.5.    Asia Pacific Cold Compression Therapy Market, By End-user

10.5.1.    Hospitals

10.5.2.    Specialty Clinics

10.5.3.    Homecare Settings

10.5.4.    Other

10.6.    Asia Pacific Cold Compression Therapy Market Attractiveness Index

10.6.1.    By Country

10.6.2.    By Product

10.6.3.    By Injury Type

10.6.4.    By End-user

11.    Middle East Cold Compression Therapy Market, By Region

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    GCC Countries Cold Compression Therapy Market

11.2.2.    Israel Cold Compression Therapy Market

11.2.3.    Oman Cold Compression Therapy Market

11.2.4.    Rest of Middle East Cold Compression Therapy Market

11.3.    Middle East Cold Compression Therapy Market, By Product

11.3.1.    Cold Packs

11.3.2.    Patches

11.3.3.    Gels

11.3.4.    Sprays

11.3.5.    Wraps

11.3.6.    Pads

11.3.7.    Roll-Ons

11.4.    Middle East Cold Compression Therapy Market, By Injury Type

11.4.1.    Wrist

11.4.2.    Foot and Ankle

11.4.3.    Shoulder

11.4.4.    Spine

11.4.5.    Other

11.5.    Middle East Cold Compression Therapy Market, By End-user

11.5.1.    Hospitals

11.5.2.    Specialty Clinics

11.5.3.    Homecare Settings

11.5.4.    Other

11.6.    Middle East Cold Compression Therapy Market Attractiveness Index

11.6.1.    By Country

11.6.2.    By Product

11.6.3.    By Injury Type

11.6.4.    By End-user

12.    Africa Cold Compression Therapy Market, By Region

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    South Africa Cold Compression Therapy Market

12.2.2.    Egypt Cold Compression Therapy Market

12.2.3.    North Africa Cold Compression Therapy Market

12.2.4.    Rest of Africa Cold Compression Therapy Market

12.3.    Africa Cold Compression Therapy Market, By Product

12.3.1.    Cold Packs

12.3.2.    Patches

12.3.3.    Gels

12.3.4.    Sprays

12.3.5.    Wraps

12.3.6.    Pads

12.3.7.    Roll-Ons

12.4.    Africa Cold Compression Therapy Market, By Injury Type

12.4.1.    Wrist

12.4.2.    Foot and Ankle

12.4.3.    Shoulder

12.4.4.    Spine

12.4.5.    Other

12.5.    Africa Cold Compression Therapy Market, By End-user

12.5.1.    Hospitals

12.5.2.    Specialty Clinics

12.5.3.    Homecare Settings

12.5.4.    Other

12.6.    Africa Cold Compression Therapy Market Attractiveness Index

12.6.1.    By Country

12.6.2.    By Product

12.6.3.    By Injury Type

12.6.4.    By End-user

13.    Recommendation

13.1.    Market Strategy

14.    Competitive Landscape

14.1.    Competition Dashboard

14.2.    List and Company Overview of Global Key Players

14.3.    Company Profiles

14.3.1.    DJO Global Inc.

14.3.1.1.    Company Overview

14.3.1.2.    Financial Overview

14.3.1.3.    Product Portfolio

14.3.1.4.    Key Developments

14.3.1.5.    Business Strategies

14.3.2.    Berg

14.3.3.    Sanofi

14.3.4.    Pfizer

14.3.5.    3M

14.3.6.    Johnson & Johnson

14.3.7.    Cool Systems Inc.

14.3.8.    Hisamitsu Pharmaceutical

14.3.9.    Ossur, Medline Industries

14.3.10.    Performance Health

14.3.11.    Rohto Pharmaceutical

14.3.12.    Beiersdorf

14.3.13.    Custom Ice

14.3.14.    Romsons Group of Industries

14.3.15.    Unexo Life Sciences.

15.    Acronyms