Cold Pain Therapy Market Global Industry Insights, Trends, Outlook and Opportunity Analysis, 2022-2028

 

Cold Pain Therapy Market

Cryotherapy is another name for cold therapy. It works by decreasing blood flow to a specific area, which can significantly reduce inflammation and swelling that causes pain, particularly around a joint or tendon. Cold therapy reduces nerve activity and temporarily relieves pain. To avoid nerve, tissue, and skin damage, use cold therapy at the same time. Creams, gels, ointments, sprays, cold packs, rolls, cooling towels, and motorised and non-motorized devices are examples of these products.

The rapid growth of emerging economies, as well as technological advancement in the development of more effective products, are expected to create additional growth opportunities for cold pain therapy product manufacturers. However, the high cost of prescription-based products, lack of reimbursement, and health risks associated with the use of cold therapy products are the major factors impeding global market growth.

Because of increased awareness and easy access to advanced technologies such as motorised and non-motorized devices, North America has been the largest geographical market for cold pain therapy. Furthermore, the increasing prevalence of musculoskeletal conditions drives market growth in the region. The United States contributed the most revenue to the North American and global cold pain therapy market. The presence of a large pool of patients suffering from back pain, muscular pain, and arthritis is the primary driving factor in the cold pain therapy market in the United States.