The North America cold compression therapy market is anticipated to reach US$ 1,221.18 Mn in 2027 from US$ 798.41 Mn in 2018. The market is projected to grow with a CAGR of 4.9% from 2019-2027. The growth of the cold compression therapy market is primarily attributed due to technological developments in cold compression therapy, rising incidences of orthopedic injuries, sports injuries and road accidents, and increasing geriatric population across the region. However, the market is likely to get impacted by the risk factor such as increasing consumption of pain relief oral drugs during the forecast period. The growing elderly population is the major cause of the joint diseases.The joint diseases are mostly prevalent in the elderly people due to cartilage degeneration and the role of excessive levels of reactive oxygen species.
The general aging factors cause changes in the joint tissues that results in the development of osteoarthritis.Osteoarthritis (OA) is age-related disease and causes degradation and loss of the articular cartilage.
Factors responsible for OA are obesity, joint injury, genetics, and anatomical abnormalities.In the aging population, there is loss in the ability of the human body to maintain homeostasis under stressful conditions.
Thus, excessive mechanical stress results in the development of the disease. Moreover, the elder population with joint injury develop osteoarthritis more rapidly. According to the data published in 2018 by Centers for Disease Control and Prevention it is estimated that by 2060 the number of US adults aged 65 and over 65 years is expected to reach 98 million. Cold compression therapies are very effective in treating diseases like arthritis. Hence, the rising geriatric population and the increased susceptibility to joint diseases is expected to fuel the growth of the cold compression therapy market during the coming years. In 2018, the cold compression pumps segment held a largest market share of 20.55% of the Cold Compression Therapy Market, by product type. The pumps segment is also expected to dominate its market share in 2027 as treatment offered by the pumps is safe and controlled. On the other hand, pumps segment is also anticipated to witness the fastest growth rate of 5.7% during the forecast period, 2019 to 2027 owing to majority of the companies working towards developing cold compression solutions. Similarly, in 2018 the shoulders segment held a largest market share of 40.8% of the cold compression therapy market, by injury type. The foot and ankle segment is also expected to grow at the fastest growth rate of 5.3% during the forecast period. Furthermore, the hospitals segment held a largest market share of 39.9% of the cold compression therapy market, by treatment site in 2018. This segment is also expected to dominate the market in 2027 as it is the primary care center for most of the population. Some of the major primary and secondary sources for endodontic devices included in the report are, Centers for Disease Control and Prevention, American Orthopaedic Society for Sports Medicine (AOSSM), Department of Orthopaedics and Rehabilitation, USA, National Safety Council and United States Census Bureau among others.
Our reports have been used by over 10K customers, including:
The global medical engineered materials market size is projected to reach USD 29.1 billion by 2025 from USD 15.8 billion in 2020, at a CAGR of 13.0%. This growth is attributed to the increasing healthcare expenses in emerging economies, and rising geriatric population increasing need of advanced medical technologies and devices. Also, innovations...
Doctor’s orders: Greater public heath funding has supported strong demand for the industry Abstract Online Medical Supplies Sales in Australia Industry retailers sell medical supplies online. These supplies include equipment and tools used in health care for diagnosis, therapy or surgery. Industry operators...
The ostomy care market projected to grow at a CAGR of 4.4% over the forecast period of 2020-2025. The ostomy care market is projected to reach USD 3.5 billion by 2025 from USD 2.8 billion in 2020, at a CAGR of 4.4% during the forecast period. Globally, the population of individuals aged 60 years and above is expected to increase from 962...
Market Overview The market for medical electrodes is being driven by factors such as the increasing prevalence of cardiovascular and neurological diseases, increasing investment for technological advancements by biopharmaceutical companies and rising focus towards minimally invasive surgeries. The rising population...
North America Surgical Generators Market Outlook to 2023
GlobalData’s new report, "North America Surgical Generators Market Outlook to 2023", provides key market data on the North America Surgical Generators market. The report provides value, in millions of US dollars, volume (in units) and and average prices...
MediPoint: Electrosurgical Devices - Global Analysis and Market Forecasts
Electrosurgical generators and instruments have become indispensable tools in cutting, sealing, and coagulating tissue during a variety of open and laparoscopic procedures. Electrosurgical devices are experiencing steady growth across...
Electrosurgical Devices - US Analysis and Market Forecasts
Electrosurgical generators and instruments have become indispensable tools in cutting, sealing, and coagulating tissue during a variety of open and laparoscopic procedures. Radiofrequency equipment has been the mainstay in the operating room since the...
144 pages •
By Infiniti Research Limited
• Jun 2017
About Medical Disposables Medical disposables are single-use products that help to reduce HAIs. To improve patient care, many hospitals in developed and developing countries are using such products. To increase patient safety, end-users such as hospitals, ambulatory surgery centers (ASCs), clinics, home care centers, and physicians’...
On the mend: The aging population and new technologies will spur slow but steady growth Abstract Medical Supplies Wholesaling in New York The Medical Supplies Wholesaling industry in New York has grown steadily over the past five years. For this industry, growth has been faster in New...
Private Health Insurance
Research And Development
Supply Chain Management
Number Of Enterprises
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.