Cold compression therapy combines two elements of the first aid technique, RICE (Rest, Ice, Compression, Elevation); active pneumatic compression with cryotherapy (also referred to as cold therapy). Cold compression therapy works by distributing alternating pressure (this removes edema and reduces swelling which can be eliminated by the lymphatic system). Also, the improved circulation with the intermittent pressure promotes and accelerates tissue healing and tissue quality. Additionally, the decrease in temperature reduces pain by constricting blood flow to the injury.
North America is projected to be the predominant regional sector accounting for the largest market, about 50% share globally, primarily due to its advanced healthcare infrastructure.
Europe also plays important roles in global cold compression therapy devices market, with market size of 31 million USD in 2016 and will reach 39 million USD in 2022.
Asia Pacific is expected to witness the highest growth rate due to untapped opportunities in this region and high patient cognizance of cold compression therapy, coupled with the rapidly developing healthcare infrastructure in the emerging Asian countries.
The players are increasingly focused on advanced product designing and development. This supports the companies in strengthening their product repertoire and in earning maximum revenue share for long-term growth in this sector. The major players catering to the cold compression therapy devices market are Coolsystems (Game Ready), DJO Global, BREG, Össur, ThermoTek, PowerPlay, Bio Compression Systems, Polar Products, HyperIce and Xiangyu Medical. There are various small and large manufacturers, offering products for cold compression therapy devices, resulting in intense competition among vendors.
The report offers detailed coverage of Cold Compression Devices industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Cold Compression Devices by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Cold Compression Devices market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Cold Compression Devices market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Coolsystems (Game Ready)
DJO Global
BREG
Össur
ThermoTek
PowerPlay
Bio Compression Systems
Polar Products
HyperIce
Xiangyu Medical
At the same time, we classify Cold Compression Devices according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Motorized Devices
Non-Motorized Devices
Market by Application
Hospitals & Clinics
Rehabilitation Center
Sports Team
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Cold Compression Devices market for the forecast period 2021 - 2025?
• What are the driving forces in the Cold Compression Devices market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Cold Compression Devices industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?