The global cold compression devices market is set to expand at a CAGR of 4.8% from 2018 to 2026.
Market Insights:
Cold compression therapy is a mixture of cryotherapy and static pressure, which is widely used for the treatment of pain and inflammation occurring during muscle spasm, fracture, sprain, strain, and soft tissue damage etc. It promotes the draining of edema through the lymphatic system by causing vasoconstriction at the site of injury. Research studies have identified the occurrence of hunting reaction during application of cold compression therapy which is helpful in slowing cell death and limiting tissue damage in accident and trauma conditions.
Pads and wraps are reigning the product segment for cold compression devices market. Due to large surface area and custom made joint fitting both these products promote effective vasoconstriction and excellent reduction in swelling, edema and pain. Gels and sprays employed in cold therapy are helpful in deep tissue penetration of topical analgesics resulting in decreased nerve velocity and numbing of pain.
Hospitals and clinics are currently dominating the end-user segment for cold compression devices market. Increasing demand for pain-relieving sessions and affordable reimbursement scenario for patients opting pain management and treatment for acute injuries. Sports management is undergoing tremendous change with an increasing number of young aspiring athletes arduously competing to enhance performance and gain prominent recognition in their respective sporting events. Stringent competition frequently results in soft tissue injuries which need to be addressed immediately.
North America is currently leading the geographical segment for cold compression devices market. Major factors responsible for its overwhelming growth are increasing cases of domestic trauma and accidents. As per the latest research citing of Center for Disease Control and Prevention (CDC), annually 3.2 million U.S. citizens of age group 5 to 14 years suffer from a sports injury. The existence of market leaders such as DJO Global, Breg, Inc. 3M Healthcare etc. cater to the pain therapy and management requirement in the North America region. Europe market is flourishing on account of its increasing geriatric population and an increasing number of patients opting for post-surgery pain management. The Asia Pacific will be the fastest growing market during the forecast period 2018 to 2026 owing to the rapidly growing physiotherapy clinics specializing in pain management. Sports science is growing at a rapid pace with aspiring athletes competing diligently to enhance their performance often resulting in soft tissue injuries with swelling and excruciating pain.
Medical device manufacturers providing cold compression devices are Breg, Inc., Bio Compression Systems, Inc., DJO Global, Inc., Hyperice, Inc., 3M Healthcare, Kinetic Medical Products UK., Ltd., Ossur Global, Polar Products, Inc., and Thermotek.
Key Market Movements:
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Market Insights:
Cold compression therapy is a mixture of cryotherapy and static pressure, which is widely used for the treatment of pain and inflammation occurring during muscle spasm, fracture, sprain, strain, and soft tissue damage etc. It promotes the draining of edema through the lymphatic system by causing vasoconstriction at the site of injury. Research studies have identified the occurrence of hunting reaction during application of cold compression therapy which is helpful in slowing cell death and limiting tissue damage in accident and trauma conditions.
Pads and wraps are reigning the product segment for cold compression devices market. Due to large surface area and custom made joint fitting both these products promote effective vasoconstriction and excellent reduction in swelling, edema and pain. Gels and sprays employed in cold therapy are helpful in deep tissue penetration of topical analgesics resulting in decreased nerve velocity and numbing of pain.
Hospitals and clinics are currently dominating the end-user segment for cold compression devices market. Increasing demand for pain-relieving sessions and affordable reimbursement scenario for patients opting pain management and treatment for acute injuries. Sports management is undergoing tremendous change with an increasing number of young aspiring athletes arduously competing to enhance performance and gain prominent recognition in their respective sporting events. Stringent competition frequently results in soft tissue injuries which need to be addressed immediately.
North America is currently leading the geographical segment for cold compression devices market. Major factors responsible for its overwhelming growth are increasing cases of domestic trauma and accidents. As per the latest research citing of Center for Disease Control and Prevention (CDC), annually 3.2 million U.S. citizens of age group 5 to 14 years suffer from a sports injury. The existence of market leaders such as DJO Global, Breg, Inc. 3M Healthcare etc. cater to the pain therapy and management requirement in the North America region. Europe market is flourishing on account of its increasing geriatric population and an increasing number of patients opting for post-surgery pain management. The Asia Pacific will be the fastest growing market during the forecast period 2018 to 2026 owing to the rapidly growing physiotherapy clinics specializing in pain management. Sports science is growing at a rapid pace with aspiring athletes competing diligently to enhance their performance often resulting in soft tissue injuries with swelling and excruciating pain.
Medical device manufacturers providing cold compression devices are Breg, Inc., Bio Compression Systems, Inc., DJO Global, Inc., Hyperice, Inc., 3M Healthcare, Kinetic Medical Products UK., Ltd., Ossur Global, Polar Products, Inc., and Thermotek.
Key Market Movements:
- An increasing number of trauma and accident cases resulting in joint dislocation, fracture, strain, and sprains
- Availability of diverse varieties of cold compression devices and accessories as per joint fitting
- Rapidly increasing sports science and stringent competition among athletes to increase their performance resulting in acute injuries
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Table of Contents
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Cold Compression Devices Market: Dynamics and Future Outlook
Chapter 4. Global Cold Compression Devices Market, by Product
Chapter 5. Global Cold Compression Devices Market, by End-User
Chapter 6. Global Cold Compression Devices Market, by Geography
Chapter 7. Company Profiles
List of Figures
List of Tables
Companies Mentioned
- Breg, Inc.
- Bio Compression Systems, Inc.
- Coolsystems, Inc.
- DJO Global, Inc.
- Hyperice, Inc.
- 3M Healthcare
- Kinetic Medical Products UK., Ltd.
- Össur Global
- Polar Products, Inc.
- ThermoTek