Cold Pain Therapy Market: By Product, By Therapy, By Application, By End User and Geography

Cold Pain Therapy Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Gels, Sprays, Patches, Cold Packs, Wraps, Pads, Roll-Ons), By Therapy (Icepack Therapy, Chamber Therapy, Cryosurgery), By Application (Musculoskeletal Disorders, Post-Operative Therapy, Sports Medicine, Post-Trauma Therapy), By End User (Hospitals and Clinics, Sports Person, Adults Others) and Region

Cold Pain Therapy Market size was valued at US$ 2,628.1 million in 2023 and is poised to grow at a 5.7% CAGR over 2024 to 2030. Cold therapy is also known as cryotherapy. It works by reducing blood flow to a particular area, which can significantly reduce inflammation and swelling that causes pain, especially around a joint or a tendon. It can temporarily reduce nerve activity, which can also relieve pain. The Sprays segment anticipated to grow at significant CAGR over the forecast years. The epidermal layer of the skin at the site of inflammation or pain is treated with topical painkillers sprays.

Topical pain relievers spray work primarily at the targeted site and in the central nervous system by administering drugs through the skin to the affected area. These Formulations are anaesthetic or analgesic medications that are applied directly to the painful area or close by. The aim is to offer a slow and gradual release of pain relief medication into the bloodstream by keeping the blood levels relatively constant for a certain period. Furthermore, the market players are focusing on launching and aquation of new product into the market to maintain the growth in the forecasting market. For instance, In August 2018 Sun Pharma launches pain relief spray Volini Maxx. Increasing number of hip and knee surgeries, increasing adoption of analgesic patches, growing number of injuries sustained while participating in athletics and gym exercises are a few factors driving the industry's growth over the forecasting period.

Key Developments

  • In June 2021, Hisamitsu Pharmaceutical CO., Inc. (Japan) launched Air Salonpas Z, an analgesic and anti-inflammatory spray for muscle pain, bruises, and sprains, among other conditions.
  • In November 2020, Beiersdorf AG (Germany) invested US$ 72.9 million (EUR 60 million) in Hamburg to develop technological centers for strengthening its R&D unit.

Cold Pain Therapy Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.7%

Largest Market

North America

Fastest Growing Market

North America

Cold Pain Therapy Market Dynamics

The usage of cold pain treatment also has the additional benefit of temporarily decreasing nerve signals, which lessens pain. The main factors propelling the expansion of the cold pain therapy market are the rising number of injuries incurred when engaging in sports and gym workouts, as well as the rising health care expenditures associated with injuries sustained while participating in sports activity. Market expansion, nevertheless, may be limited by issues such as a shortage of remuneration, a shortage of clinical indications for the drug for cold pain treatment, as well as the misery related to the treatment, among others.

Cold Pain Therapy Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 2,628.1 million

Market CAGR

5.7%

By Product

  • Gels
  • Sprays
  • Patches
  • Cold Packs
  • Wraps
  • Pads
  • Roll-Ons

By Therapy

  • Icepack Therapy
  • Chamber Therapy
  • Cryosurgery

By Application

  • Musculoskeletal Disorders
  • Post-Operative Therapy
  • Sports Medicine
  • Post-Trauma Therapy

By End User

  • Hospitals and Clinics
  • Sports Person
  • Adults
  • Others

By Region

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Key Features of the Report

  • The cold pain therapy market report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

Cold pain therapy market size is valued at US$ 2,628.1 million in 2023 and is projected to grow at a CAGR of 5.7% from 2024-2030.

DJO Global, Inc. (US), Hisamitsu Pharmaceutical Co., Inc. (Japan), Össur (Iceland), Johnson & Johnson (US), Pfizer (US), Sanofi (France), Rohto Pharmaceutical (Japan)

North America is the fastest-growing region for cold pain therapy market

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1.Executive Summary
2.Global Cold Pain Therapy Market Introduction 
2.1.Global Cold Pain Therapy Market  - Taxonomy
2.2.Global Cold Pain Therapy Market  - Definitions
2.2.1.Product
2.2.2.Therapy
2.2.3.Application
2.2.4.End User
2.2.5.Region
3.Global Cold Pain Therapy Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Cold Pain Therapy Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Cold Pain Therapy Market  By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Gels
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Sprays
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Patches
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Cold Packs
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Wraps
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Pads
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Roll-Ons
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
6.Global Cold Pain Therapy Market  By Therapy, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Icepack Therapy
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Chamber Therapy
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Cryosurgery
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Cold Pain Therapy Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Musculoskeletal Disorders
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Post-Operative Therapy
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Sports Medicine
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Post-Trauma Therapy
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8.Global Cold Pain Therapy Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Hospitals and Clinics
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Sports Person
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Adults
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Others
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
9.Global Cold Pain Therapy Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10.North America Cold Pain Therapy Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Gels
10.1.2.Sprays
10.1.3.Patches
10.1.4.Cold Packs
10.1.5.Wraps
10.1.6.Pads
10.1.7.Roll-Ons
10.2.  Therapy Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Icepack Therapy
10.2.2.Chamber Therapy
10.2.3.Cryosurgery
10.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Musculoskeletal Disorders
10.3.2.Post-Operative Therapy
10.3.3.Sports Medicine
10.3.4.Post-Trauma Therapy
10.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Hospitals and Clinics
10.4.2.Sports Person
10.4.3.Adults
10.4.4.Others
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11.Europe Cold Pain Therapy Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Gels
11.1.2.Sprays
11.1.3.Patches
11.1.4.Cold Packs
11.1.5.Wraps
11.1.6.Pads
11.1.7.Roll-Ons
11.2.  Therapy Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Icepack Therapy
11.2.2.Chamber Therapy
11.2.3.Cryosurgery
11.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Musculoskeletal Disorders
11.3.2.Post-Operative Therapy
11.3.3.Sports Medicine
11.3.4.Post-Trauma Therapy
11.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Hospitals and Clinics
11.4.2.Sports Person
11.4.3.Adults
11.4.4.Others
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12.Asia Pacific (APAC) Cold Pain Therapy Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Gels
12.1.2.Sprays
12.1.3.Patches
12.1.4.Cold Packs
12.1.5.Wraps
12.1.6.Pads
12.1.7.Roll-Ons
12.2.  Therapy Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Icepack Therapy
12.2.2.Chamber Therapy
12.2.3.Cryosurgery
12.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Musculoskeletal Disorders
12.3.2.Post-Operative Therapy
12.3.3.Sports Medicine
12.3.4.Post-Trauma Therapy
12.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Hospitals and Clinics
12.4.2.Sports Person
12.4.3.Adults
12.4.4.Others
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Cold Pain Therapy Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Gels
13.1.2.Sprays
13.1.3.Patches
13.1.4.Cold Packs
13.1.5.Wraps
13.1.6.Pads
13.1.7.Roll-Ons
13.2.  Therapy Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Icepack Therapy
13.2.2.Chamber Therapy
13.2.3.Cryosurgery
13.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Musculoskeletal Disorders
13.3.2.Post-Operative Therapy
13.3.3.Sports Medicine
13.3.4.Post-Trauma Therapy
13.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Hospitals and Clinics
13.4.2.Sports Person
13.4.3.Adults
13.4.4.Others
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14.Latin America Cold Pain Therapy Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Gels
14.1.2.Sprays
14.1.3.Patches
14.1.4.Cold Packs
14.1.5.Wraps
14.1.6.Pads
14.1.7.Roll-Ons
14.2.  Therapy Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Icepack Therapy
14.2.2.Chamber Therapy
14.2.3.Cryosurgery
14.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Musculoskeletal Disorders
14.3.2.Post-Operative Therapy
14.3.3.Sports Medicine
14.3.4.Post-Trauma Therapy
14.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Hospitals and Clinics
14.4.2.Sports Person
14.4.3.Adults
14.4.4.Others
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Beiersdorf AG (Germany)
15.2.2.DJO Global Inc (US)
15.2.3.Hisamitsu Pharmaceutical Co Inc (Japan)
15.2.4.Össur (Iceland)
15.2.5.Johnson & Johnson (US)
15.2.6.Pfizer (US)
15.2.7.Sanofi (France)
15.2.8.Rohto Pharmaceutical (Japan)
15.2.9.3M (US)
15.2.10.Cardinal Health Inc (US)
15.2.11.Bird & Cronin (US)
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Beiersdorf AG
  • DJO Global Inc
  • Hisamitsu Pharmaceutical Co Inc
  • Össur (Iceland)
  • Johnson & Johnson
  • Pfizer
  • Sanofi (France)
  • Rohto Pharmaceutical
  • 3M
  • Cardinal Health Inc
  • Bird & Cronin

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