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Cold Compression Devices Market By Product (Patches, Cold Packs, Wraps, Pads, Roll-Ons, Gels and Sprays), By End-User (Hospital & Clinics and Sports Team) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

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Published: | Report ID: 3878 | Report Format : PDF

Industry Outlook

The cold compression devices market will achieve stable growth with a CAGR of 4.8% during the forecast period from 2018 to 2026. Cold compression therapy, popularly known as “halotherapy,” follows the fundamentals of rest, ice, compression, and elevation (RICE). It helps to reduce inflammation, swelling, edema, and pain by promoting vasoconstriction at the site of injury and numbing pain by slowing nerve conduction velocity. It has a faster onset of action and minimal side effects in comparison to NSAIDs.

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Market Synopsis

The availability of diverse varieties and immense popularity among physiotherapists drive the pads and wrap market’s growth.

Presently, pads and wraps together are the dominant products in the cold compression devices market. Wraps have gained immense popularity due to their availability in different fittings pertaining to the shoulder, elbow, wrist, hip, knee, ankle, etc. The large surface area is helpful in providing deep penetration of cold therapy at the injury site, thereby reducing swelling and pain. Pads are better suited for minor injuries such as tendinitis, bruises, whiplash, etc. They are available as gel sacks, which turn into ice packs in the freezer, and some instantly turn cold upon squeezing. Pads are effective in reducing edema and numbing pain. Topical analgesics are formulated as gels and sprays for cold therapy treatment of sprains, strains, and muscle spasms by decreasing nerve conduction velocity and promoting vasoconstriction, eventually decreasing inflammation and edema.

The rising popularity of pain-relieving sessions and an affordable reimbursement scenario drive the hospital and clinic market’s growth.

Hospitals and clinics are leading the end-user segment for the cold compression devices market. The major attributes responsible for its impressive growth are the rising popularity of pain-relieving sessions in patients who have recently undergone surgical procedures and an affordable reimbursement scenario for the pain management of acute injuries. Sports science has gained immense popularity as a career opportunity for young aspiring athletes from different sporting disciplines. Increasing demand for performance enhancement and stiff competition has resulted in a number of injuries to athletes during practice sessions and competitions. Fractures, ligament swelling, joint instability, etc., are treated with cold compression devices for their promising results and minimal side effects in comparison to painkillers and inflammation-reducing drugs.

Increasing cases of trauma and accidents and rapidly growing sports science drive the cold compression devices market in North America.

In the current scenario, North America is dominating the regional segment of the market for cold compression devices. Increasing cases of trauma and rapidly growing sports science are major factors that provide a positive thrust to the market growth of cold compression devices in North America. The existence of key players such as DJO Global, Inc., Coolsystems, Inc., Hyperice, Inc., and 3M Healthcare, etc., catering to the requirements of patients availing of pain therapy and management in the North American region. The growing geriatric population and the increasing incidence of domestic accidents resulting in fractures, joint instability, swelling, and edema drive the European cold compression devices market. Asia Pacific is set to register good growth during the forecast period from 2018 to 2026 on account of a developing sports industry and increasing public health awareness regarding cold therapy. It serves as a potential market for major players to promote business expansion by establishing retail outlets and subsidiaries.

Periods of History and Forecast

This research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2018 to 2026.

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Report Scope by Segments

In the scope of the report, the market is segmented as follows:

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 questions are answered in this report.

  • Who are the medical device companies providing cold compression devices?
  • How are the latest market trends determined, and market size and CAGR predicted?
  • What is the hunting reaction, and how is it applied in cold compression therapy?
  • What is the performance of various products on the market for cold compression devices?
  • What is the performance of different end-users enlisted in the cold compression devices market?
  • What are the factors responsible for the global dominance of North America in the cold compression devices market?

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-down Approach
1.3.5. Bottom-up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global CCD Market Portraiture
2.2. Global CCD Market, by Product, 2017 (US$ Mn)
2.3. Global CCD Market, by End-User, 2017 (US$ Mn)
2.4. Global CCD Market, by Geography, 2017 (US$ Mn)

Chapter 3. Cold Compression Devices (CCD) Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global CCD Market, by Key Players, 2017

Chapter 4. Global Cold Compression Devices (CCD) Market, by Product
4.1. Overview
4.2. Patches
4.3. Cold Packs
4.4. Wraps
4.5. Pads
4.6. Roll-Ons
4.7. Gels
4.8. Sprays

Chapter 5. Global Cold Compression Devices (CCD) Market, by End-User
5.1. Overview
5.2. Hospital & Clinics
5.3. Sports Team

Chapter 6. Global Cold Compression Devices (CCD) Market, by Geography
6.1. Overview
6.2. North America CCD Market Analysis, 2016 – 2026
6.2.1. North America CCD Market, by Product, 2016 – 2026 (US$ Mn)
6.2.2. North America CCD Market, by End-User, 2016 – 2026 (US$ Mn)
6.2.3. North America CCD Market, by Country, 2016 – 2026 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe CCD Market Analysis, 2016 – 2026
6.3.1. Europe CCD Market, by Product, 2016 – 2026 (US$ Mn)
6.3.2. Europe CCD Market, by End-User, 2016 – 2026 (US$ Mn)
6.3.3. Europe CCD Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. Rest of Europe
6.4. Asia Pacific CCD Market Analysis, 2016 – 2026
6.4.1. Asia Pacific CCD Market, by Product, 2016 – 2026 (US$ Mn)
6.4.2. Asia Pacific CCD Market, by End-User, 2016 – 2026 (US$ Mn)
6.4.3. Asia Pacific CCD Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.4.3.1. China
6.4.3.2. Japan
6.4.3.3. Rest of Asia Pacific
6.5. Latin America CCD Market Analysis, 2016 – 2026
6.5.1. Latin America CCD Market, by Product, 2016 – 2026 (US$ Mn)
6.5.2. Latin America CCD Market, by End-User, 2016 – 2026 (US$ Mn)
6.5.3. Latin America CCD Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East and Africa CCD Market Analysis, 2016 – 2026
6.6.1. MEA CCD Market, by Product, 2016 – 2026 (US$ Mn)
6.6.2. MEA CCD Market, by End-User, 2016 – 2026 (US$ Mn)
6.6.3. MEA CCD Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA

Chapter 7. Company Profiles
7.1. Breg, Inc.
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. News Coverage
7.2. Bio Compression Systems, Inc.
7.3. Coolsystems, Inc.
7.4. DJO Global, Inc.
7.5. Hyperice, Inc.
7.6. 3M Healthcare
7.7. Kinetic Medical Products UK., Ltd.
7.8. Össur Global
7.9. Polar Products, Inc.
7.10. ThermoTek

List of Figures

FIG. 1 Cold Compression Devices (CCD) Market: Research Methodology
FIG. 2 CCD Market Segmentation
FIG. 3 Global CCD Market, by Product, 2017 (US$ Mn)
FIG. 4 Global CCD Market, by End-User, 2017 (US$ Mn)
FIG. 5 Global CCD Market, by Geography, 2017 (US$ Mn)
FIG. 6 Attractive Investment Proposition: by Geography, 2017
FIG. 7 Competitive Analysis: Global CCD Market, by Key Players, 2017
FIG. 8 Global Patches Market for Cold Compression Devices, 2016 – 2026 (US$ Mn)
FIG. 9 Global Cold Packs Market for Cold Compression Devices, 2016 – 2026 (US$ Mn)
FIG. 10 Global Wraps Market for Cold Compression Devices, 2016 – 2026 (US$ Mn)
FIG. 11 Global Pads Market for Cold Compression Devices, 2016 – 2026 (US$ Mn)
FIG. 12 Global Roll-Ons Market for Cold Compression Devices, 2016 – 2026 (US$ Mn)
FIG. 13 Global Gels Market for Cold Compression Devices, 2016 – 2026 (US$ Mn)
FIG. 14 Global Sprays Market for Cold Compression Devices, 2016 – 2026 (US$ Mn)
FIG. 15 Global Hospital and Clinics Market for Cold Compression Devices, 2016 – 2026 (US$ Mn)
FIG. 16 Global Sports Team Market for Cold Compression Devices, 2016 – 2026 (US$ Mn)
FIG. 17 U.S. CCD Market, 2016 – 2026 (US$ Mn)
FIG. 18 Canada CCD Market, 2016 – 2026 (US$ Mn)
FIG. 19 U.K. CCD Market, 2016 – 2026 (US$ Mn)
FIG. 20 Germany CCD Market, 2016 – 2026 (US$ Mn)
FIG. 21 Rest of Europe CCD Market, 2016 – 2026 (US$ Mn)
FIG. 22 China CCD Market, 2016 – 2026 (US$ Mn)
FIG. 23 Japan CCD Market, 2016 – 2026 (US$ Mn)
FIG. 24 Rest of Asia Pacific CCD Market, 2016 – 2026 (US$ Mn)
FIG. 25 Brazil CCD Market, 2016 – 2026 (US$ Mn)
FIG. 26 Mexico CCD Market, 2016 – 2026 (US$ Mn)
FIG. 27 Rest of Latin America CCD Market, 2016 – 2026 (US$ Mn)
FIG. 28 GCC CCD Market, 2016 – 2026 (US$ Mn)
FIG. 29 Rest of MEA CCD Market, 2016 – 2026 (US$ Mn)

List of Tables

TABLE 1 Global Cold Compression Devices (CCD) Market Portraiture
TABLE 2 Global CCD Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 3 Global CCD Market , by End-User, 2016 – 2026 (US$ Mn)
TABLE 4 Global CCD Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 5 North America CCD Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 6 North America CCD Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 7 North America CCD Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 8 Europe CCD Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 9 Europe CCD Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 10 Europe CCD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 11 Asia Pacific CCD Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 12 Asia Pacific CCD Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 13 Asia Pacific CCD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 14 Latin America CCD Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 15 Latin America CCD Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 16 Latin America CCD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 17 Middle East and Africa CCD Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 18 Middle East and Africa CCD Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 19 Middle East and Africa CCD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 20 Breg, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 Bio Compression Systems, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Coolsystems, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 DJO Global, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 Hyperice, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 25 3M Healthcare: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 26 Kinetic Medical Products UK., Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 Össur Global: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 Polar Products, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 29 ThermoTek: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)

Frequently Asked Questions

What is the size of Cold Compression Devices Market?

The market for Cold Compression Devices Market is expected to reach US$ XX Mn by 2026.

What is the Cold Compression Devices Market CAGR?

The Cold Compression Devices Market is expected to see significant CAGR growth over the coming years, at 4.8%.

What is the Forecast period considered for Cold Compression Devices Market?

The report is forecasted from 2018-2026.

What is the base year considered for Cold Compression Devices Market?

The base year of this report is 2017.

Who are the major players in this market?

Breg, Inc., Bio Compression Systems, Inc., DJO Global, Inc., Hyperice, Inc., 3M Healthcare, Kinetic Medical Products UK, Ltd., Ossur Global, Polar Products, Inc. are some of the major players in the global market.

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