North America Cold Compression Therapy Market to Reach US$ 1,221.18 Mn at CAGR of 4.9% in 2027 | The Insight Partners

North America Cold Compression Therapy Market to 2027 - Regional Analysis and Forecasts By Product Type (Cold Compression Pumps, Cold Packs, Patches, Gels, Sprays, Wraps, Pads, Roll-Ons); Injury Type (Shoulder, Wrist, Foot and Ankle, Spine and Others); End User (Hospitals, Specialty Clinics, Homecare Settings, Others) and Country

Publication Month: Jul 2019 | Report Code: TIPRE00006277 | No. of Pages: 94 | Category: Medical Device | Status: Published

The North America cold compression therapy market is anticipated to reach US$ 1,221.18 Mn in 2027 from US$ 798.41 Mn in 2018. The market is projected to grow with a CAGR of 4.9% from 2019-2027.

 

The growth in North America is characterized by growing healthcare industry, growing geriatric population, increasing prevalence of arthritis, and increasing number of sports injuries. In addition, technological advancements in the healthcare industry has led to development of innovative therapies in the regions and is likely to stimulate the growth of cold compression therapy market in North America.

 

The road accidents are the major driving cause of death by injury and the tenth-leading cause of all deaths across the world. Many of the people are injured in the road accidents occupy 30% - 70% of the orthopedic beds in the hospitals of countries across the world. According to the national safety council, in 2018, estimated 40,000 people lost their lives due to car crashes and approximately 4.5 million people were seriously injured due to crashes. The council also stated that 40,000 deaths due to car crashes in 2018 is 14% higher than 2014.  The road accidents injuries causes the deformities, amputations of limbs, fractures of bone and sever pain in the different parts of the body. Therefore to support the injured and damaged parts, cold compression therapy is used. The demand for cold compression therapy have increased in the developed as well as developing countries.

 

In addition, during the year 2016 to 2019, various companies have made organic and inorganic growth strategies in the market there are operating. Some of the activities undertaken by the company, which have promoted its growth are, product launches, acquisition and partnership. The organic development strategy has been implemented widely that have helped the growth of the companies and in turn have brought about various changes in the market. For instance, in March 2019, Performance health recently has expanded its product portfolio with the launch of the Biofreeze Pain Relief Patch. Biofreeze patches are wrapped for convenient grab-and-go and are made of flexible fabric for superior performance and comfort.

 

Mexico is expected to witness growth during the forecast owing to the factors such as rise in the medical tourism and the facilities available at cheaper cost is likely to enhance the growth of cold compression therapy market during the forecast period.


 

NORTH AMERICA COLD COMPRESSION THERAPY – MARKET SEGMENTATION

 

North America Cold Compression Therapy Market – By Product Type

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

North America Cold Compression Therapy Market – By Injury Type

  • Wrist
  • Foot and Ankle
  • Shoulder
  • Spine
  • Others 

North America Cold Compression Therapy Market – By End User

  • Hospitals
  • Specialty Clinics
  • Homecare Settings
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico

Company Profiles

  • Össur Americas
  • 3M
  • Breg, Inc
  • Beiersdorf
  • Performance Health
  • Thermotek Inc
  • Bio Compression Systems, Inc
  • Johnson and Johnson
  • Unexo Lifesciences
  • Arjo

1.             Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1       North America Cold Compression Therapy Market – By Product Type

1.3.2       North America Cold Compression Therapy Market – By Injury Type

1.3.3       North America Cold Compression Therapy Market – By End User

1.3.4       North America Cold compression therapy market – By Country

2.             North America Cold Compression Therapy Market –  Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             North America Cold Compression Therapy Market Landscape

4.1       Overview

4.2       PEST Analysis

4.3       Expert Opinions

4.4       US Reimbursement Scenario

4.4.1       US Reimbursement Scenario - Payer/Provider

4.4.2       US Reimbursement Scenario – Public/Private

4.4.3       Workers Compensation Reimbursement Scenario in the US

4.5       Overview of Cold Compression Therapy Equipment Leasing in the US

5.             North America Cold Compression Therapy Market –  Key Industry Dynamics

5.1       Key Market Drivers

5.1.1       Rising Geriatric Population Coupled With Joint Diseases

5.1.2       Injuries due to Road Accidents

5.1.3       Growing Prevalence Of Orthopedic And Sports Injuries

5.2       Key Market Restraints

5.2.1       Increased Consumption of Oral Drugs for Immediate Pain Relief

5.3       Key Market Opportunities

5.3.1       Rising Number Of Orthopaedic Procedures

5.4       Key Market Trends

5.4.1       Advancements in the Cold Compression Therapy

5.5       Impact Analysis of Drivers and Restraints

6.             Cold Compression Therapy Market – North America Analysis

6.1       North America Cold Compression Therapy Market - Overview

6.2       North America Cold Compression Therapy Market – Revenue Forecasts and Analysis

6.3       Positioning of Key Players

7.             North America Cold Compression Therapy Market Analysis And Forecasts To 2027 – Product Type

7.1       Overview

7.2       Cold Compression Therapy Market Share By Product Type 2018 & 2027 (%)

7.3       Cold Compression Pumps

7.3.1       Overview

7.3.2       Cold Compression Pumps Market Revenue and Forecast to 2027 (US$ Mn)

7.4       Cold Packs

7.4.1       Overview

7.4.2       Cold Packs Market Revenue and Forecast to 2027 (US$ Mn)

7.5       Patches

7.5.1       Overview

7.5.2       Patches Market Revenue and Forecast to 2027 (US$ Mn)

7.6       Gels

7.6.1       Overview

7.6.2       Gels Market Revenue and Forecast to 2027 (US$ Mn)

7.7       Sprays

7.7.1       Overview

7.7.2       Sprays Market Revenue and Forecast to 2027 (US$ Mn)

7.8       Wraps

7.8.1       Overview

7.8.2       Wraps Market Revenue and Forecast to 2027 (US$ Mn)

7.9       Pads

7.9.1       Overview

7.9.2       Pads Market Revenue and Forecast to 2027 (US$ Mn)

7.10    Roll-Ons

7.10.1    Overview

7.10.2    Roll-Ons Market Revenue and Forecast to 2027 (US$ Mn)

8.             North America Cold Compression Therapy Market Analysis And Forecasts To 2027 – Injury Type

8.1       Overview

8.2       North America Cold Compression Therapy Market Share By Injury Type 2018 & 2027 (%)

8.3       Wrist

8.3.1       Overview

8.3.2       Wrist Market Revenue and Forecasts to 2027 (US$ Mn)

8.4       Foot and Ankle

8.4.1       Overview

8.4.2       Foot and Ankle Market Revenue and Forecasts to 2027 (US$ Mn)

8.5       Shoulder

8.5.1       Overview

8.5.2       Shoulder Market Revenue and Forecasts to 2027 (US$ Mn)

8.6       Spine

8.6.1       Overview

8.6.2       Spine Market Revenue and Forecasts to 2027 (US$ Mn)

8.7       Other

8.7.1       Overview

8.7.2       Other Market Revenue and Forecasts to 2027 (US$ Mn)

9.             North America Cold Compression Therapy Market Analysis And Forecasts To 2027 – End User

9.1       Overview

9.2       North America Cold Compression Therapy Market Share By End User 2018 & 2027 (%)

9.3       Hospitals

9.3.1       Overview

9.3.2       Hospitals Market Revenue and Forecasts to 2027 (US$ Mn)

9.4       Specialty Clinics

9.4.1       Overview

9.4.2       Specialty Clinics Market Revenue and Forecasts to 2027 (US$ Mn)

9.5       Homecare Settings

9.5.1       Overview

9.5.2       Homecare Settings Market Revenue and Forecasts to 2027 (US$ Mn)

9.6       Other

9.6.1       Overview

9.6.2       Other Market Revenue and Forecasts to 2027 (US$ Mn)

10.          Cold Compression Therapy Market– Country Analysis

10.1    North America Cold Compression Therapy market Revenue And Forecasts To 2027

10.1.1    Overview

10.2    North America Cold Compression Therapy Market Revenue and Forecasts to 2027 (US$ Mn)

10.3    North America Cold Compression Therapy market Revenue And Forecasts to 2027, By Product type  (US$ Mn)

10.4    North America Cold Compression Therapy Market Revenue And Forecasts to 2027, By Injury Type  (US$ Mn)

10.5    North America Cold Compression Therapy Market Revenue And Forecasts to 2027, By End User  (US$ Mn)

10.6    North America Cold Compression Therapy market Revenue And Forecasts to 2027, By Country (%)

10.7    US Cold Compression Therapy Market Revenue and Forecasts to 2027 (US$ Mn)

10.7.1    US Cold Compression Therapy Market Revenue and Forecasts to 2027 (US$ Mn)

10.7.2    US Cold Compression Therapy Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)

10.7.3    US Cold Compression Therapy Market Revenue And Forecasts to 2027, By Injury Type (US$ Mn)

10.7.4    US Cold Compression Therapy Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.8    Canada Cold Compression Therapy Market Revenue and Forecasts to 2027 (US$ Mn)

10.8.1    Canada Cold Compression Therapy Market Revenue and Forecasts to 2027 (US$ Mn)

10.8.2    Canada Cold Compression Therapy Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)

10.8.3    Canada Cold Compression Therapy Market Revenue And Forecasts to 2027, By Injury Type (US$ Mn)

10.8.4    Canada Cold Compression Therapy Market Revenue And Forecasts to 2027, By End User (US$ Mn)

10.9    Mexico Cold Compression Therapy Market Revenue and Forecasts to 2027 (US$ Mn)

10.9.1    Mexico Cold Compression Therapy Market Revenue and Forecasts to 2027 (US$ Mn)

10.9.2    Mexico Cold Compression Therapy Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)

10.9.3    Mexico Cold Compression Therapy Market Revenue And Forecasts to 2027, By Injury Type (US$ Mn)

10.9.4    Mexico Cold Compression Therapy Market Revenue And Forecasts to 2027, By End User (US$ Mn)

11.          Cold Compression Therapy Market– Industry Landscape

11.1    Overview

11.2    Growth Strategies In The Cold Compression Therapy Market, 2016-2019

11.3    Organic Growth Strategies

11.4    Inorganic Growth Strategies

12.          Cold Compression Therapy Market – Key Company Profiles

12.1    ThermoTek Inc.

12.1.1    Key Facts

12.1.2    Business Description

12.1.3    Financial Overview

12.1.4    Product Portfolio

12.1.5    SWOT Analysis

12.1.6    Key Developments

12.2    Össur Corporate

12.2.1    Key Facts

12.2.2    Business Description

12.2.3    Financial Overview

12.2.4    Product Portfolio

12.2.5    SWOT Analysis

12.2.6    Key Developments

12.3    Johnson & Johnson

12.3.1    Key Facts

12.3.2    Business Description

12.3.3    Financial Overview

12.3.4    Product Portfolio

12.3.5    SWOT Analysis

12.3.6    Key Developments

12.4    Breg, Inc.

12.4.1    Key Facts

12.4.2    Business Description

12.4.3    Financial Overview

There are no recent developments made by the company in Cold compression market in recent years

12.4.4    Product Portfolio

12.4.5    SWOT Analysis

12.4.6    Key Developments

12.5    Bio Compression Systems, Inc.

12.5.1    Key Facts

12.5.2    Business Description

12.5.3    Financial Information

There are no recent developments made by the company in Cold compression market in recent yearsProduct Portfolio

12.5.4    SWOT Analysis

12.5.5    Key Developments

There are no recent developments made by the company in Cold compression market in recent years Performance Health

12.5.6    Key Facts

12.5.7    Business Description

12.5.8    Financial Overview

12.5.9    Product Portfolio

12.5.10 SWOT Analysis

12.5.11 Key Developments

12.6    Unexo Life Sciences Pvt. Ltd

12.6.1    Key Facts

12.6.2    Business Description

12.6.3    Financial Overview

There are no recent developments made by the company in Cold compression market in recent years

12.6.4    Product Portfolio

12.6.5    SWOT Analysis

12.6.6    Key Developments

12.7    Beiersdorf

12.7.1    Key Facts

12.7.2    Business Description

12.7.3    Financial Overview

12.7.4    Product Portfolio

12.7.5    SWOT Analysis

12.7.6    Key Developments

12.8    3M Company

12.8.1    Key Facts

12.8.2    Business Description

12.8.3    Financial Information

12.8.4    Product portfolio

12.8.5    SWOT ANALYSIS

12.8.6    Key Developments

12.9    Arjo

12.9.1    Key Facts

12.9.2    Business Description

12.9.3    Financial Information

12.9.4    Product portfolio

12.9.5    SWOT Analysis

12.9.6    Key Developments

13.          Appendix

13.1    About The Insight Partners

13.2    Glossary of Terms

LIST OF TABLES

Table 1.            North America Cold Compression Therapy Market Revenue And Forecasts to 2027, By product type (US$ Mn)

Table 2.            North America Cold Compression Therapy Market Revenue And Forecasts to 2027, By product type (US$ Mn)

Table 3.            North America Cold Compression Therapy market Revenue And Forecasts to 2027, By End User (US$ Mn)

Table 4.            US: Sports Injuries, 2017

Table 5.            US Cold Compression Therapy Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)

Table 6.            US Cold Orthopedic Injuries Market Revenue And Forecasts to 2027, By Injury Type (US$ Mn)

Table 7.            US Cold Compression Therapy market Revenue And Forecasts to 2027, By End User (US$ Mn)

Table 8.            Canada: Hospitalizations Due To Sports Injuries, 2016-2017

Table 9.            Canada Cold Compression Therapy Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)

Table 10.         Canada Cold Orthopedic Injuries Market Revenue And Forecasts to 2027, By Injury Type (US$ Mn)

Table 11.         Canada Cold Compression Therapy Market Revenue And Forecasts to 2027, By End User (US$ Mn)

Table 12.         Mexico Cold Compression Therapy Market Revenue And Forecasts to 2027, By Product Type (US$ Mn)

Table 13.         Mexico Cold Orthopedic Injuries Market Revenue And Forecasts to 2027, By Injury Type (US$ Mn)

Table 14.         Mexico Cold Compression Therapy market Revenue And Forecasts to 2027, By End User (US$ Mn)

Table 15.         Glossary of Terms, Cold Compression Therapy Market

LIST OF FIGURES

Figure 1.          Cold Compression Therapy Market Segmentation

Figure 2.          US Cold Compression Therapy Market, Revenue (US$ Mn), 2018 & 2027

Figure 3.          Cold Compression Therapy Market By Product Type, Market Share (%), 2018

Figure 4.          Cold Compression Therapy Market By Injury Type, Market Share (%), 2018

Figure 5.          Cold Compression Therapy Market By End User, Market Share (%), 2018

Figure 6.          North America PEST Analysis

Figure 7.          Cold Compression Therapy Market Impact Analysis of Drivers and Restraints

Figure 8.          North America Cold Compression Therapy Market – Revenue Forecasts and Analysis – 2018- 2027

Figure 9.          Market Positioning in the Cold Compression Therapy Market

Figure 10.       Cold Compression Therapy Market Share By Product Type 2018 & 2027 (%)

Figure 11.       Cold Compression Pumps Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 12.       Cold Packs Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 13.       Patches Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 14.       Gels Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 15.       Sprays Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 16.       Wraps Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 17.       Pads Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 18.       Roll-Ons Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 19.       North America Cold Compression Therapy Market Share By Injury Type 2018 & 2027 (%)

Figure 20.       Wrist Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 21.       Foot and Ankle Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 22.       Shoulder Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 23.       Spine Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 24.       Other Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 25.       North America Cold Compression Therapy Market Share By End User 2018 & 2027 (%)

Figure 26.       Hospitals Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 27.       Specialty Clinics Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 28.       Homecare Settings Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 29.       Other Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 30.       North America Cold Compression Therapy Market Revenue Overview, by Country (2018) (US$ Mn)

Figure 31.       North America Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 32.       North America Cold Compression Therapy Market Revenue And Forecasts to 2027, By Country (%)

Figure 33.       US Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 34.       Canada Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 35.       Mexico Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 36.       Growth Strategies in the Cold Compression Therapy Market, 2016-2019

 

The List of Companies

  1. Össur Americas
  2. 3M
  3. Breg, Inc
  4. Beiersdorf
  5. Performance Health
  6. Thermotek Inc
  7. Bio Compression Systems, Inc
  8. Johnson and Johnson
  9. Unexo Lifesciences
  10. Arjo