North America Cold Pain Therapy Market

The North America cold pain therapy market in is expected to grow from US$ 1,025.57 million in 2022 to US$ 1,367.59 million by 2028. It is estimated to record a CAGR of 4.9% from 2022 to 2028.

Increasing Cases of Sports Injuries and Orthopaedic Surgeries Drive the North America Cold Pain Therapy Market

A large population is opting for an active lifestyle, which has increased physical activities such as gym and sports. This has led to a surge in sports-related injuries such as rotator cuff injuries, ligament tears, tendon rupture, sprains & strains, and swollen muscles. According to the Hopkins Medicine report, ~3.5 million sports injuries are reported in the US every year. As per Hospital for Special Surgery, rotator cuff injuries are highly common and affect 2–4 million people in the country every year. Rotator cuff conditions develop over time among athletes that can cause trauma. Thus, an increase in sports and physical activities is expected to surge injury and pain cases, which is creating the demand for cold pain therapy.

The increasing geriatric population is highly prone to various orthopedic conditions such as joint disorders, joint replacement, osteoarthritis, and rheumatoid arthritis. According to The Center Orthopedic & Neurosurgical Care & Research, by 2030, total knee replacement surgeries are projected to grow by 673% to reach 3.5 million procedures per year. The increasing number of orthopedic surgeries creates the demand for cold pain therapy in pain management as postoperative care. Additionally, in the coming years, the rising prevalence of musculoskeletal disorders is expected to increase the need for cold pain therapy for various musculoskeletal disorders such as trauma, back pain, tendinitis, sarcopenia, osteopenia, and low back injuries. Low back pain is the leading cause of disability in maximum countries. Moreover, an increase in road accidents and trauma cases is contributing to a major share of orthopedic surgeries. As per the US Department of Transportation, more than 6 million car accidents occur every year in the US. In Florida, more than 350,000 drivers are involved in road accidents, accounts for 200,000 injuries every year, including spine injuries, knee injuries, and others.

Thus, the increase in sports and physical activities and the surge in orthopedic surgeries owing to sports injuries, a large geriatric population, and a high number of trauma cases are driving the growth of the North America cold pain therapy market.  

North America Cold Pain Therapy Market Overview

The North America cold pain therapy market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2021. The rising incidence of sports injuries and the increasing number of orthopedic procedures create the demand for cold pain therapies. Moreover, the growing prevalence of chronic diseases and orthopedic ailments, especially among the aging population, propels the North America cold pain therapy market growth.

The growth of the US cold pain therapy market is primarily driven by the increasing aging population in the country, the growing prevalence of arthritis, and the increasing number of sports injury cases. Furthermore, the presence of major market players in the region such as DJO Global; Cardinal Health; and ThermoTek, Inc along with various strategic collaboration taking place in the market are further expected to contribute the overall market growth in the coming years. Enovis announced a strategic partnership with Kelvi, an innovator of digital hot and cold therapy products, to deliver industry-leading heating and cooling therapies for rehabilitation, recovery and performance enhancement to patients and athletes of all abilities. As part of Enovis, DJO, LLC agreed with Kelvi and will become the exclusive distributor in the orthopedic market of Kelvi’s heating and cooling therapy products. Thus, the above-mentioned factors are expected to contribute to the growth of the cold pain therapy market across the country in the coming years.

North America Cold Pain Therapy Market Revenue and Forecast to 2028 (US$ Million)

North America Cold Pain Therapy Strategic Insights

Strategic insights for the North America Cold Pain Therapy provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Cold Pain Therapy Report Scope

North America Cold Pain Therapy Regional Insights

The geographic scope of the North America Cold Pain Therapy refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

North America Cold Pain Therapy Market Segmentation

The North America cold pain therapy market is segmented on the basis of application, offering, end user, and country. Based on application, the market is segmented into Runner's knee, tendonitis, sprains/sports sprain, arthritis pain, pain & swelling after a hip or knee replacement, pain & swelling under a cast or a splint, surgery recovery, lower back pain, and others. The surgery recovery segment held the largest market share in 2022.

Based on offering, the North America cold pain therapy market is segmented into over-the-counter, prescription products, rehabilitation exercises, ice wraps & cold packs, pads, compression therapy, ice buckets without compression, and others. The over-the-counter segment held the largest market share in 2022.

Based on end user, the North America cold pain therapy market is segmented into hospitals, clinics, rehabilitation centers, ambulatory surgical centers, individuals, and others. The hospitals segment held the largest share of the market in 2022.   

Based on country, the North America cold pain therapy market is segmented into the US, Canada, and Mexico. The US dominated the market in 2022.

Advanced Therapeutics of LI LLC, Battle Creek Equipment Co, Brownmed Inc, Bruder Healthcare Co LLC, Cardinal Health Inc, DJO Global Inc, Ossur hf, ThermoTek Inc, and Vive Health LLC are among the leading companies operating in the North America cold pain therapy market.