Cold Pain Therapy Market Poised To Augment The Industry At $ 2.3 Billion By 2026 : Grand View Research Inc.
San Francisco, 18 September 2019: The Report Cold Pain Therapy Market Size, Share & Trends Analysis Report By Product (OTC, Prescription-based), By Application, By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, E-commerce), And Segment Forecasts, 2019 – 2026 The global cold pain therapy market size is expected to reach USD 2.3 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 4.9%. Rising incidence of orthopedic diseases has led to high growth of the market. CDC estimated that nearly 78 million people in the U.S., aged 18 years or above, are expected to be diagnosed with arthritis by 2040. Rising number of road accidents and traumatic injuries is leading to a high growth of the market. According to WHO data, every year nearly 10 million people suffer injuries in road accidents or incur a disability as a result of injuries in head, chest, arms, and legs. Thus, with the increasing number of road accidents, the demand fo