A cold compression is refer as which helps in to lower the temperature in a certain part of the body while reducing pain and swelling. cold compression devices are the one which helps in providing cold compression. It basically helps in relieve pain and swelling or cool a fever. The market of cold compression device is growing due to the factor like growing incidences of sports injuries and accidents while some of the factors like adoption of alternative therapies is hindering the market growth.This growth is primarily driven by Presence of A Large Target Patient Population, Increasing Incidence of Sports Injuries and Accidents and Increasing Number of Orthopedic Procedures.
Globally, a noticeable market trend is evident Clinical Evidence Favoring the Adoption of Compression Therapy in the Management of Target Diseases. Major Players, such as DJO Global (United States), Coolsystems (Game Ready) (United States), BREG (United States), Össur (Iceland), ThermoTek (United States), PowerPlay (United States), Bio Compression Systems (United States), Polar Products (United States) and HyperIce (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Presence of A Large Target Patient Population
- Increasing Incidence of Sports Injuries and Accidents
- Increasing Number of Orthopedic Procedures
- Clinical Evidence Favoring the Adoption of Compression Therapy in the Management of Target Diseases
- Lack of Universally Accepted Standards for Cold Compression Products
- Low Patient Compliance for Compression Garments
Growth Potential Offered By Emerging Markets and Rising Patient Awareness Regarding the Benefits of Cold Compression Products in Target Disease Management
Significant Adoption of Alternative Therapies for Specific Target Indications
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