Title: Cold Pain Therapy Market - Forecast(2021 - 2026)
1Cold Pain Therapy Market - Forecast(2021 -
2026)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
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- The cold pain therapy market posted a market
value of 1.8 billion in the year 2020, and will
continue to progress at a CAGR of 2.5 during the
forecast period 2021-2026. Cold Therapy has been
in use for a variety of purposes. To begin with,
cryosurgery as a medical procedure has been
adopted to treat cancer and tumours. - It works by using extremely cold liquid nitrogen
to freeze the cancer cells, which will ultimately
be absorbed by the body. Cryotherapy is been used
for centuries, its application is to reduce the
blood flow to a particular region by making the
tissues and cells temperature go below the
desired. Cryoablation is also used as a technique
to get rid of abnormal tissues. Cold pain therapy
in products can be availed from pharmacies of
various kinds.
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Key Takeaways
- North America took the majority stake in the cold
pain therapy market for the year 2020. Owing to
the rising prevalence of cancer cases, and the
increase in the incidents of obesity. - Asia-Pacific poses to grow at a lucrative growth,
owing to fresh investments across the medical
fraternity that will, in turn, support the cold
pain therapy market. - Strength, Weaknesses, Opportunities and Threats
would be provided in the premium report.
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- By Distribution Channel- Segment Analysis
- The market is segmented into two categories,
namely- OTC products while the other is
Prescription Products. OTC segmented held the
largest share and dominated the market in the
year 2020. Based on the distribution channel, the
market can be conjugated into two segments
namely- E Commerce Pharmacies and the other
Conventional Retail Pharmacies. North America
provided a market share of 35.9 for the year
2020 that was the highest amongst all the
regions. The surge within the region is
attributed to the rise of cancer cases, which can
be cured by using cryosurgery. Apart from the use
in curing cancer, it is used in treating the pain
associated with arthritis.
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- Cold Pain Therapy Market
- Industry Outlook
- Breg Inc.
- DJO Global.
- Hisamitsu Pharmaceutical Co Inc.
- Johnson Johnson.
- Össur Corporate.
- Performance Health.
- Pfizer Inc.
- De Royal Industries Inc.
- Romsons Group of Industries.
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Cold Pain Therapy Market - Forecast(2021 -
2026)Learn More About the Report _at_
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n-therapy-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
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