Title: Global Ice Therapy Machines Market Expected to Reach USD 367.8 Million by 2027, With a CAGR Of 3.2% | Growth Market Reports
PUNE, India, Aug. 6, 2021 /PRNewswire/ -- According to a recent market study published by Growth Market Reports, titled, "Global Ice Therapy Machines Market By Types (Automatic and Manual), End-Users (Rehabilitation Center, Hospitals & Clinics, Sports Centers, and Others), Distribution Channels (Online and Offline), and Region: Size, Share, Trends and Opportunity Analysis, 2017-2027", the market was valued at USD 289.3 Million in 2019 and is expected to grow at a healthy growth rate of 3.2% by the year 2027. The global ice therapy machines market is anticipated to grow owing to the rising occurrence of sports injuries that require ice therapy or cold therapy drives the global ice therapy machines market. This is ultimately resulting in the surge in demand for ice therapy machines globally.
Key Market Players Profiled in the Report
- Össur
- Polar Products Inc.
- Hebei Ruinuo Medical Instrument Co. Ltd.
- DJO LLC
- Cryomed s.r.o
- Breg Inc.
- AGM Overseas
- Cryomed s.r.o.
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Download PDF Sample here: https://growthmarketreports.com/request-sample/1254
This report also includes a complete analysis of industry players that cover their latest developments, product portfolio, pricing, mergers, acquisitions, and collaborations. Moreover, it provides crucial strategies that are helping them to expand their market share.
Highlights on the segments of the Ice Therapy Machines Market
On the basis of Types, the global Ice Therapy Machines market is categorized as automatic and manual. The growth of the automatic segment is attributed to the fact that it enables a controlled treatment by fixing time durations for safe and uniform ice therapy without requiring the need for human intervention. The automatic segment is expected to hold a key share of the global ice therapy machines market, as the advancements such as smart designs such as liter per minute (LPM) feature and ease of control for monitoring boost the sales of the ice therapy machine.
In terms of End-Users, the market is segmented into rehabilitation center, hospitals & clinics, sports centers, and others. The dedicated stores segment is anticipated to expand at a considerable CAGR during the forecast period owing to the number of sports related injuries such as sprains, ligament tears, and post-workout recovery are increasing, which in turn, increases the need to install ice therapy machines at sports centers. The hospitals & clinics segment accounted for a substantial share of the market, in terms of revenue in 2019, and is anticipated to expand at a high CAGR during the forecast period.
Based on Distribution Channels, the global ice therapy machines market is bifurcated into online and offline segments. Search engine optimization (SEO) and search engine marketing (SEM) are estimated to drive targeted customers and improve the visibility of ice therapy machines, which is, in turn, propelling the online segment globally.
Based on Regions, the ice therapy machines market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe accounts for a key share of the global market due to high adoption rate of ice therapy machines among geriatric population. Convenience of online delivery of ice therapy machines increased consumer preference during the pandemic period in the region. The US-based companies are penetrating in the market in Mexico and Rest of Latin America, which in turn, is projected to fuel the market in these countries over the forecast period.
To Buy the Complete Report: https://growthmarketreports.com/report/ice-therapy-machines-market-global-industry-analysis
Key Takeaways from the Study:
- The competitive rivalry between market players is due to rising prices, and expansion in untapped markets to increase consumer base. Ice therapy machines are extensively adopted in various emerging economies due to increasing customer purchasing power, which in turn, is boosting the market across the globe.
- Ice therapy machines decrease acute swelling, relieve pain, and help soft tissue healing by reducing the temperature, improving circulation of blood vessels on the applied area; increasing their use in hospitals & clinics, thus fueling the segment.
- Rising customer awareness regarding e-commerce platforms for purchasing ice therapy machines is propelling the online segment globally.
- Asia Pacific is estimated to be a lucrative region of the global ice therapy machines market owing to rising increasing presence of and investments by major manufacturers and suppliers in countries such as India and China.
Read 167 Pages Research Report with Detailed ToC on "Global Ice Therapy Machines Market By Types (Automatic and Manual), End-Users (Rehabilitation Center, Hospitals & Clinics, Sports Centers, and Others), Distribution Channels (Online and Offline), and Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028"
For Any Questions on This Report: https://growthmarketreports.com/enquiry-before-buying/1254
Key Segments Covered
By Types
- Automatic
- Manual
By End-Users
- Rehabilitation Center
- Hospitals & Clinics
- Sports Centers
- Others
By Distribution Channels
- Online
- Offline
By Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Other Trending Reports:
- Global Enzyme Replacement Market by Route of Administration (Oral, Parenteral), Therapeutic Conditions (Gaucher Disease, Fabry Disease, Pompe Disease, SCID, MPS, Other Disease), and Regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa)
- Central Nervous System Therapeutic Market by Disease (Neurovascular Diseases, CNS Trauma, Mental Health [Anxiety Disorders, Epilepsy, Mood Disorders, Psychotic Disorders, and Others], Neurodegenerative Diseases [Alzheimer's Disease, Parkinson's Disease, Multiple Sclerosis, Huntington's Disease, Amyotrophic Lateral Sclerosis, and Others], Infectious Diseases, CNS Cancer, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
- Hormone Replacement Therapy Market by Products (Estrogen, Human Growth, Thyroid, and Testosterone), Routes of Administration (Oral, Parenteral, Transdermal, and Others), Types of Diseases (Menopause, Hypothyroidism, Male Hypogonadism, Growth Hormone Deficiency, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
- Global Traveler's Diarrhea Therapeutics Market by Type (Immunization, Non-antibiotic Agents, Antibiotics, Anti-Motility Agents, Other), By Application (Adult Traveler's Diarrhea, Children Traveler's Diarrhea) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
- Cryotherapy Market By Products (Cryosurgery Devices, Localized Cryotherapy Devices, And Cryochambers & Cryosaunas), Therapies (Cryosurgery, Chamber Therapy, And Icepack Therapy), Applications (Oncology, Cardiology, Dermatology, Pain Management, Gynecology, And Ophthalmology), End-Users (Hospitals & Specialty Clinics, Cryotherapy Clinics, And Spas & Fitness Centers), And Regions (Asia Pacific, North America, Latin America, Europe, And Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, And Forecast 2021 – 2028
About Growth Market Reports:
Growth Market Reports provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Industry Intelligence Solutions". Growth Market Reports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, and secondary research & consumer surveys.
Contact:
Alex Mathews
1st Floor, Kalpavruksha Office No 1,
GK Lane Number 3,
Ingawale Nagar, Pimple Nilakh, Pune,
Maharashtra 411027
Phone: +1 909 414 1393
Email: [email protected]
Web: https://growthmarketreports.com
SOURCE Growth Market Reports
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article