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According to the new market research report “Cold Pain Therapy Market by Product (OTC (Gels, Creams, Patches, Wraps, Pads), Prescription Devices (Motorized, Non-Motorized), Applications (Musculoskeletal, Post Op, Sports Medicine), Distribution Channel(Hospital, Retail) – Global Forecasts to 2025“, published by MarketsandMarkets™, is projected to reach USD 2.0 billion by 2025 from USD 1.6 billion in 2020, at a CAGR of 4.4% during the forecast period.COVID-19 Impact on the global cold pain therapy market;The COVID-19 pandemic has significantly affected the pain therapy market.
Due to the pandemic, the market experienced short-term negative growth, which can be attributed to a sharp reduction in access to hospital and retail pharmacies and the temporarily shutdown of orthopedic clinics and rehabilitation centers.
The US witnessed a decline of 30–60% in hospital visits after the announcement of nationwide lockdown measures (Source: The Commonwealth Fund, 2020).
The restricted or limited access to rehabilitation clinics, temporary closure of gyms and fitness centers, restrictions on outdoor sporting activities, and social distancing measures resulted in a reduction in the number of trauma and sports injuries.
This further reduced the sales of cold pain therapy products.
With the reopening of hospitals, clinics, and sports institutions and relaxations in lockdown measures, growth in this market is expected to pick up pace in the coming months.Moreover, the improved access to cold therapy devices through online platforms and the growing number of patients opting for self-medication with over-the-counter cold therapy products (such as cold gel packs, ointments, and cold sprays) for pain management are some of the key factors likely to drive the long-term growth of the cold pain therapy market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55543905The Increasing prevalence of prevalence of arthritis & other musculoskletal disorders and growing awareness about the availability of cold therapy products are the key factors driving the growth of the market.Musculoskeletal Disorders accounted for the largest share of the cold pain therapy marketby application; The growing prevalence of musculoskeletal disorders globally and the demand for the cost effective pain relief products and the growing awareness about the availability of effective cold therapy products for the musculoskeletal disorders pain management and rise in the geriatric patient population are likely to fuel the growth of this segment during the forecast period.Retail Pharmacies accounted for the largest share of the cold pain therapy market,by Distribution channel; the segment accounted for the highest share owing to the increasing growing awareness about the availability of effective cold pain therapy products in retail pharmacies, increase in the expansion of retail pharmacies through collaboration with e-pharacies and the major focus on strengthening the brand connection among customer by widening their personal consultation services are some of the factors anticipated to preopel the growth of this segment.Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=55543905Asia Pacific likely to emerge as the fastest growing cold pain therapy market.Geographically, the emerging Asian countries, such as China, India, South Korea, Japan and Singapore, are offering high-growth opportunities for market players.
Distinctive market improvement activities and business methodologies utilized by industry players to beat macroeconomic conditions, including new thing/organization progression, joint undertakings, associations, unions and acquisitions, and so forth, are referred to in the report.
The association profiles for the Worldwide Brain implants Market contain a business diagram, thing/organization commitments, SWOT Analysis, part and full scale pay, gross edge, and percent piece of the general business.To clarify the moving toward adventure pockets, the assessment recalls for significance examination, most recent things, and future guesses of the Brain implants Market.
The parts that drive and limit the advancement of the Brain implants Market are altogether reviewed.
Porter’s Five Forces study complements the power of buyers and suppliers in aiding accomplices in making fundamental business decisions and choosing the level of industry force.
Expansive assessments of key mechanical areas help in understanding the different sorts of things and advances used in different bits of the world.In light of districts, the Brain implants Market report covers the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa (MEA) as a piece of the Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as an element of South America.Get a Sample Copy of the Report to understand the structure of the complete reporthttps://www.oneupbusinessinsights.com/request_sample.php?tname=316845Top key players: Medtronic, Boston Scientific Corporation, St. Jude Medical (Abbott), NeuroPace, Inc., Nevro Corporation, Synapse Biomedical Inc., and Aleva Neurotherapeutics SASegmentation of Brain implants Market:Product Type CoverageDeep Brain StimulationSpinal Cord StimulationVagus Nerve StimulationApplication CoverageChronic PainEpilepsyParkinson’s DiseaseDepressionEssential TremorAlzheimer’s DiseaseBrain implants Market: Regional Segment AnalysisMore Information:The report includes :1.)
The Asia Brain implants Market;3.)
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