Over-the-counter (OTC) drugs or non-prescribed drugs held a momentous share as of
2016, due to their convenience, ease-of-use, availability of pharmaceuticals such as
cooling sprays, creams and patches along with rising preference for self-care for
treating minor ailments and associated pain stimulating the overall industry growth in
the future. Prescription-based drugs will grow at a rapid pace owing to the mounting
usage of motorized cold therapy modalities to decrease post-operative pain and
swelling in eldering patients.
Based on applicability, musculoskeletal disorders market will witness a significant
growth in 2016 owing to increasing geriatric patient pool suffering from chronic
ailments such as osteoporosis and arthritis along with soaring demand to alleviate pain,
swelling and speed up recovery post-surgical procedures.
U.S. will drive the North America cold pain therapy market owing to the presence of
well-established players along with growing number of emergency visits due to sports
and recreational injuries among children in the country propelling demand for cold
patches, gels, wraps, and ointments in the future. Japan shall witness significant growth
rate in the coming years owing to increasing number of baby boomers who are more
prone to suffer from chronic diseases and face problems such as inability to swallow
tablets and pills give an opportunity for topical analgesics over the forecast period.
.
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