Cold therapy is a homecare treatment that is used to provide relief from arthritis pain, knee pain, sprains, lower back pain, and is even known to calm down the swelling. Cold therapy is also known as cryotherapy and is applied by placing an ice-covered towel or cloth on the injured area for about 10 to 20 minutes. Throughout this process, the skin must be checked frequently for sensation to ensure the tissues are not damaged. R.I.C.E. Rest, ice, compression, and elevation is considered as one of the simplest techniques for pain management and usually provided with the aid of whirlpools, coolant sprays, ice massage, ice packs, etc.
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Various factors such as a rise in obesity issues, arthritis among the elderly population, knee pain, etc. are propelling the demand for the global cold pain therapy market. Additionally, the high risk of musculoskeletal disorders in sports injuries and the prevalence of cold therapy among the masses are contributing to the further progress of this market. The convenience and availability of products such as cold packs, patches, roll-ons, gels, and sprays are boosting the development of the market.
Some of the key insights about the global cold pain therapy market are given below:
- The global cold pain therapy market has five key regions viz. Europe, Latin America, North America, Middle East and Africa, and Asia Pacific that provide us with a better understanding of its working dynamics. Currently, the market is expected to be dominated by the North America region owing to the prevalence of obese population and orthopedic diseases in the region.
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- In December 2020, Sanofi renewed its 20-year-old partnership with World Health Organization (WHO) to eradicate sleeping sickness and combat some of the neglected diseases. This partnership supports in screening, management, and treatment of sleeping sickness, which is among the most neglected tropical diseases. Sanofi provides financial aid that enables drug donations, disease management, campaigns, etc.
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