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 of the cold compression therapy market is primarily attributed due to technological developments in cold compression therapy, rising incidences of orthopedic injuries, sports injuries and road accidents, and increasing geriatric population across the region. However, the market is likely to get impacted by the risk factor such as increasing consumption of pain relief oral drugs during the forecast period.
The growing elderly population is the major cause of the joint diseases. The joint diseases are mostly prevalent in the elderly people due to cartilage degeneration and the role of excessive levels of reactive oxygen species. The general aging factors cause changes in the joint tissues that results in the development of osteoarthritis. Osteoarthritis (OA) is age-related disease and causes degradation and loss of the articular cartilage. Factors responsible for OA are obesity, joint injury, genetics, and anatomical abnormalities. In the aging population, there is loss in the ability of the human body to maintain homeostasis under stressful conditions. Thus, excessive mechanical stress results in the development of the disease. Moreover, the elder population with joint injury develop osteoarthritis more rapidly. According to the data published in 2018 by Centers for Disease Control and Prevention it is estimated that by 2060 the number of US adults aged 65 and over 65 years is expected to reach 98 million. Cold compression therapies are very effective in treating diseases like arthritis. Hence, the rising geriatric population and the increased susceptibility to joint diseases is expected to fuel the growth of the cold compression therapy market during the coming years.
In 2018, the cold compression pumps segment held a largest market share of 20.55% of the Cold Compression Therapy Market, by product type. The pumps segment is also expected to dominate its market share in 2027 as treatment offered by the pumps is safe and controlled. On the other hand, pumps segment is also anticipated to witness the fastest growth rate of 5.7% during the forecast period, 2019 to 2027 owing to majority of the companies working towards developing cold compression solutions.
Similarly, in 2018 the shoulders segment held a largest market share of 40.8% of the cold compression therapy market, by injury type. The foot and ankle segment is also expected to grow at the fastest growth rate of 5.3% during the forecast period.
Furthermore, the hospitals segment held a largest market share of 39.9% of the cold compression therapy market, by treatment site in 2018. This segment is also expected to dominate the market in 2027 as it is the primary care center for most of the population.
Some of the major primary and secondary sources for endodontic devices included in the report are, Centers for Disease Control and Prevention, American Orthopaedic Society for Sports Medicine (AOSSM), Department of Orthopaedics and Rehabilitation, USA, National Safety Council and United States Census Bureau among others.
TABLE OF CONTENTS
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
Summary: Get latest Market Research Reports on North America Cold Compression Therapy. Industry analysis & Market Report on North America Cold Compression Therapy is a syndicated market report, published as 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. It is complete Research Study and Industry Analysis of North America Cold Compression Therapy market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.