Industry Outlook
The cold compression devices market will achieve a stable growth with a CAGR of 4.8% during the forecast period from 2018 to 2026. Cold compression therapy popularly known as hilotherapy follows the fundamentals of rest, ice, compression and elevation (RICE). It is beneficial in reducing inflammation, swelling, edema and reduction in pain by promoting vasoconstriction on the site of injury and numbing pain by reducing the nerve conduction velocity. It has a faster onset of action and minimal side effects in comparison to NSAIDS.
Market Synopsis
Availability of diverse varieties and immense popularity among physiotherapists drive the pads and wraps market growth
Presently pads and wraps together are reigning the products segment for cold compression devices market. Wraps have gained immense popularity due to its availability in different form fitting pertaining to shoulder, elbow, wrist, hip, knee and ankles 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 preferred for minor injuries such as tendinitis, bruises and whiplash etc. They are available as gel sacks which turns into ice packs on freezer and some instantly turn cold on squeezing. Pads are effective in reducing edema and numbing pain. Topical analgesics are being formulated as gels and sprays for cold therapy treatment of sprains, strains, and muscle spasm by decreasing nerve conduction velocity and promote vasoconstriction eventually decreasing inflammation and edema.
Rising popularity of pain relieving sessions and affordable reimbursement scenario drive the hospital and clinics market growth
Hospitals and clinics are leading the end-user segment for cold compression devices market. The major attributes responsible for its impressive growth are rising popularity of pain relieving sessions in patient’s recently undergone surgical procedure and affordable reimbursement scenario for pain management of acute injury. Sports science has gained immense popularity as a career opportunity to young aspiring athletes from different sporting disciplines. Increasing demand for performance enhancement and stiff completion has resulted in number injuries to athletes during practice session and competition. Fractures, ligament swelling, joint instability etc. are treated with cold compression devices for promising results and minimal side effects in comparison to painkillers and inflammation reducing drugs.
\
Increasing cases of trauma & 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 for cold compression devices market. 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. Existence of key players such as DJO Global, Inc., Coolsystems, Inc., Hyperice, Inc., and 3M Healthcare etc., cater to the requirements of patients availing pain therapy and management in North America region. Increasing geriatric population and growing incidence of domestic accidents resulting in fractures, joint instability, swelling and edema propel the cold compression devices market growth in Europe. Asia Pacific is set to register good growth during the forecast period from 2018 to 2026 on account of 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 outlet and subsidiaries.
Historical & Forecast Period
2016 – Historical Year
2017 – Base Year
2018-2026 – Forecast Period
This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.
Report Scope by Segments
In the scope of the report the market is segmented as follows:
By Product (2016–2026; US$ Mn)
By End-User (2016–2026; US$ Mn)
Geography Segment (2016–2026; US$ Mn)
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 answered in this report
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 Cold Compression Devices Market Portraiture
2.2. Global Cold Compression Devices Market, by Product, 2017 (US$ Mn)
2.3. Global Cold Compression Devices Market, by End-User, 2017 (US$ Mn)
2.4. Global Cold Compression Devices Market, by Geography, 2017 (US$ Mn)
Chapter 3. Cold Compression Devices 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 Cold Compression Devices Market, by Key Players, 2017
Chapter 4. Global Cold Compression Devices 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 Market, by End-User
5.1. Overview
5.2. Hospital & Clinics
5.3. Sports Team
Chapter 6. Global Cold Compression Devices Market, by Geography
6.1. Overview
6.2. North America Cold Compression Devices Market Analysis, 2016 – 2026
6.2.1. North America Cold Compression Devices Market, by Product, 2016 – 2026 (US$ Mn)
6.2.2. North America Cold Compression Devices Market, by End-User, 2016 – 2026 (US$ Mn)
6.2.3. North America Cold Compression Devices Market, by Country, 2016 – 2026 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe Cold Compression Devices Market Analysis, 2016 – 2026
6.3.1. Europe Cold Compression Devices Market, by Product, 2016 – 2026 (US$ Mn)
6.3.2. Europe Cold Compression Devices Market, by End-User, 2016 – 2026 (US$ Mn)
6.3.3. Europe Cold Compression Devices 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 Cold Compression Devices Market Analysis, 2016 – 2026
6.4.1. Asia Pacific Cold Compression Devices Market, by Product, 2016 – 2026 (US$ Mn)
6.4.2. Asia Pacific Cold Compression Devices Market, by End-User, 2016 – 2026 (US$ Mn)
6.4.3. Asia Pacific Cold Compression Devices 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 Cold Compression Devices Market Analysis, 2016 – 2026
6.5.1. Latin America Cold Compression Devices Market, by Product, 2016 – 2026 (US$ Mn)
6.5.2. Latin America Cold Compression Devices Market, by End-User, 2016 – 2026 (US$ Mn)
6.5.3. Latin America Cold Compression Devices 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 Cold Compression Devices Market Analysis, 2016 – 2026
6.6.1. MEA Cold Compression Devices Market, by Product, 2016 – 2026 (US$ Mn)
6.6.2. MEA Cold Compression Devices Market, by End-User, 2016 – 2026 (US$ Mn)
6.6.3. MEA Cold Compression Devices 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
FIG. 1 Cold Compression Devices Market: Research Methodology
FIG. 2 Cold Compression Devices: Market Segmentation
FIG. 3 Global Cold Compression Devices Market, by Product, 2017 (US$ Mn)
FIG. 4 Global Cold Compression Devices Market, by End-User, 2017 (US$ Mn)
FIG. 5 Global Cold Compression Devices Market, by Geography, 2017 (US$ Mn)
FIG. 6 Attractive Investment Proposition: by Geography, 2017
FIG. 7 Competitive Analysis: Global Cold Compression Devices 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. Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
FIG. 18 Canada Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
FIG. 19 U.K. Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
FIG. 20 Germany Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
FIG. 21 Rest of Europe Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
FIG. 22 China Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
FIG. 23 Japan Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
FIG. 24 Rest of Asia Pacific Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
FIG. 25 Brazil Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
FIG. 26 Mexico Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
FIG. 27 Rest of Latin America Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
FIG. 28 GCC Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
FIG. 29 Rest of MEA Cold Compression Devices Market, 2016 – 2026 (US$ Mn)
TABLE 1 Global Cold Compression Devices Market Portraiture
TABLE 2 Global Cold Compression Devices Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 3 Global Cold Compression Devices Market , by End-User, 2016 – 2026 (US$ Mn)
TABLE 4 Global Cold Compression Devices Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 5 North America Cold Compression Devices Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 6 North America Cold Compression Devices Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 7 North America Cold Compression Devices Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 8 Europe Cold Compression Devices Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 9 Europe Cold Compression Devices Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 10 Europe Cold Compression Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 11 Asia Pacific Cold Compression Devices Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 12 Asia Pacific Cold Compression Devices Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 13 Asia Pacific Cold Compression Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 14 Latin America Cold Compression Devices Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 15 Latin America Cold Compression Devices Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 16 Latin America Cold Compression Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 17 Middle East and Africa Cold Compression Devices Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 18 Middle East and Africa Cold Compression Devices Market, by End-User, 2016 – 2026 (US$ Mn)
TABLE 19 Middle East and Africa Cold Compression Devices 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)
