Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
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.
Scope of the Report:
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 worldwide market for Cold Compression Devices is expected to grow at a CAGR of roughly 4.5% over the next five years, will reach 160 million US$ in 2024, from 130 million US$ in 2019, according to a new WMR study.
This report focuses on the Cold Compression Devices in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Coolsystems (Game Ready)
Bio Compression Systems
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Hospitals & Clinics
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Cold Compression Devices product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Cold Compression Devices, with price, sales, revenue and global market share of Cold Compression Devices in 2017 and 2018.
Chapter 3, the Cold Compression Devices competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Cold Compression Devices breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Cold Compression Devices market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Cold Compression Devices sales channel, distributors, customers, research findings and conclusion, appendix and data source.