South & Central America Cold Pain Therapy Market Forecast to 2028

According to Business Market Insights research, the South & Central America cold pain therapy market was valued at US$ 96.16 million in 2023 and is expected to reach US$ 135.19 million by 2028, registering a CAGR of 5.8% from 2022 to 2028. Increasing sports injuries and orthopedic surgeries and significant rise in elderly and obese population attributed to the South & Central America cold pain therapy market expansion.

A large population is opting for an active lifestyle, which has increased physical activities such as gymming and sports. This has led to a surge in sports-related injuries such as rotator cuff injuries, ligament tears, tendon rupture, sprains & strains, and swollen muscles. According to the Hopkins Medicine report, ~3.5 million sports injuries are reported in the US every year. As per Hospital for Special Surgery, rotator cuff injuries are highly common and affect 2-4 million people in the country every year. Rotator cuff conditions develop over time among athletes that can cause trauma. Thus, an increase in sports and physical activities is expected to cause pain, which is creating the demand for cold pain therapy. Further, the increasing geriatric population is highly prone to various orthopedic conditions such as joint disorders, joint replacement, osteoarthritis, and rheumatoid arthritis. According to The Center Orthopedic & Neurosurgical Care & Research, by 2030, total knee replacement surgeries are projected to grow by 673% to reach 3.5 million procedures per year. As a result, the number of orthopedic surgeries has increased, which creates the demand for cold pain therapy in pain management as postoperative care. Additionally, the rising prevalence of musculoskeletal disorders is expected to increase the need for cold pain therapy for various musculoskeletal disorders such as trauma, back pain, tendinitis, sarcopenia, osteopenia, and low back injuries. According to World Health Organization (WHO), the musculoskeletal disease affects ~1.71 billion people globally; low back pain is the leading cause of disability in 160 countries. Moreover, an increase in road accidents and trauma cases is contributing to a major share of orthopedic surgeries. Thus, the increase in sports and physical activities and the surge in orthopedic surgeries owing to sports injuries, a large geriatric population, and a high number of trauma cases are driving the South & Central America Cold pain therapy market growth.

On the contrary, lack of awareness, unfavourable reimbursement scenarios, and side effects of cold pain therapy hampers the South & Central America cold pain therapy market.

Based on application, the South & Central America cold pain therapy market is segmented into runner’s knee, tendonitis, sprains/sports sprain, arthritis pain, pain & swelling after a hip or knee replacement, pain & swelling under a cast or a splint, surgery recovery, lower back pain, and others. The surgery recovery segment held 27.7% share of South & Central America cold pain therapy market in 2022, amassing US$ 26.62 million. It is projected to garner US$ 38.79 million by 2028 to expand at 6.5% CAGR during 2022-2028.

Based on offering, the South & Central America cold pain therapy market is segmented into over the counter, prescription products, rehabilitation exercises, ice wraps & cold packs, pads, compression therapy, and others. The prescription products segment held 32.0% share of South & Central America cold pain therapy market in 2022, amassing US$ 30.76 million. It is projected to garner US$ 44.62 million by 2028 to expand at 6.4% CAGR during 2022-2028.

Based on end user, the South & Central America cold pain therapy market is segmented into hospitals, clinics, rehabilitation centers, ambulatory surgical centers, individuals, and others. The hospitals segment held 42.6% share of South & Central America cold pain therapy market in 2022, amassing US$ 40.95 million. It is projected to garner US$ 57.25 million by 2028 to expand at 5.7% CAGR during 2022-2028.

Based on country, the South & Central America cold pain therapy market has been categorized into the Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that the Rest of South & Central America captured 38.0% share of South & Central America cold pain therapy market in 2022. It was assessed at US$ 36.57 million in 2022 and is likely to hit US$ 50.44 million by 2028, exhibiting a CAGR of 5.5% during 2022-2028.

Key players operating in the South & Central America cold pain therapy market are DJO Global Inc, Ossur hf, Cardinal Health Inc, Johnson & Johnson Services Inc, and Beiersdorf, among others.

1. Introduction
1.1 Scope of the Study
1.2 The Research Team Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Cold Pain Therapy Market – By Application
1.3.2 South & Central America Cold Pain Therapy Market – By Offering
1.3.3 South & Central America Cold Pain Therapy Market – By End User
1.3.4 South & Central America Cold Pain Therapy Market – By Country
2. South & Central America Cold Pain Therapy Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Cold Pain Therapy Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 South & Central America- PEST Analysis
4.2.2 Expert Opinion
5. South & Central America Cold Pain Therapy Market- Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Sports Injuries and Orthopaedic Surgeries
5.1.2 Significant Rise in Geriatric and Obese Population
5.2 Market Restraints
5.2.1 Lack of Awareness, Unfavourable Reimbursement Scenarios, and Side Effects of Cold Pain Therapy
5.3 Market Opportunities
5.3.1 High Adoption of Cold Pain Therapy in Emerging Economies
5.4 Future Trends
5.4.1 Increase in R&D Investments and Product Launches
5.5 Impact Analysis
6. Cold Pain Therapy Market- South & Central America Analysis
6.1 South & Central America Cold Pain Therapy Market Revenue Forecast & Analysis
7. South & Central America Cold Pain Therapy Market Analysis – By Application
7.1 Overview
7.2 South & Central America Cold Pain Therapy Market, By Application 2021 & 2028 (%)
7.3 Runner’s Knee
7.3.1 Overview
7.3.2 Runner’s Knee Market Revenue and Forecast to 2028 (US$ Mn)
7.4 Tendonitis
7.4.1 Overview
7.4.2 Tendonitis Market Revenue and Forecast to 2028 (US$ Mn)
7.5 Sprains/Sports Sprains
7.5.1 Overview
7.5.2 Sprains/Sports Sprains Market Revenue and Forecast to 2028 (US$ Mn)
7.6 Arthritis Pain
7.6.1 Overview
7.6.2 Arthritis Pain Market Revenue and Forecast to 2028 (US$ Mn)
7.7 Pain & Swelling After a Hip or Knee Replacement
7.7.1 Overview
7.7.2 Pain & Swelling After a Hip or Knee Replacement Market Revenue and Forecast to 2028 (US$ Mn)
7.8 Surgery Recovery
7.8.1 Overview
7.8.2 Surgery Recovery Market Revenue and Forecast to 2028 (US$ Mn)
7.9 Lower Back Pain
7.9.1 Overview
7.9.2 Lower Back Pain Market Revenue and Forecast to 2028 (US$ Mn)
7.10 Others
7.10.1 Overview
7.10.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
8. South & Central America Cold Pain Therapy Market Analysis and Forecasts To 2028 – By Offering
8.1 Overview
8.2 South & Central America Cold Pain Therapy Market, By Offering 2021 & 2028 (%)
8.3 Over the Counter
8.3.1 Overview
8.3.2 Over-the-Counter Market Revenue and Forecast to 2028 (US$ Mn)
8.3.3 Creams
8.3.3.1 Overview
8.3.3.2 Creams Market Revenue and Forecast to 2028 (US$ Mn)
8.3.4 Gel/Sprays/Roll-On
8.3.4.1 Overview
8.3.4.2 Gel/Sprays/Roll-On Market Revenue and Forecast to 2028 (US$ Mn)
8.3.5 Patches
8.3.5.1 Overview
8.3.5.2 Patches Market Revenue and Forecast to 2028 (US$ Mn)
8.3.6 Others
8.3.6.1 Overview
8.3.6.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
8.4 Prescription Products
8.4.1 Overview
8.4.2 Prescription Products Market Revenue and Forecast to 2028 (US$ Mn)
8.4.3 Medications
8.4.3.1 Overview
8.4.3.2 Medications Market Revenue and Forecast to 2028 (US$ Mn)
8.4.4 Medical Devices
8.4.4.1 Overview
8.4.4.2 Medical Devices Market Revenue and Forecast to 2028 (US$ Mn)
8.5 Rehabilitation Exercises
8.5.1 Overview
8.5.2 Rehabilitation Exercises Market Revenue and Forecast to 2028 (US$ Mn)
8.6 Ice Wraps & Cold Packs
8.6.1 Overview
8.6.2 Ice Wraps & Cold Packs Market Revenue and Forecast to 2028 (US$ Mn)
8.7 Pads
8.7.1 Overview
8.7.2 Pads Market Revenue and Forecast to 2028 (US$ Mn)
8.7.3 Standard Pads
8.7.3.1 Overview
8.7.3.2 Standard Pads Market Revenue and Forecast to 2028 (US$ Mn)
8.7.4 Half Size Pads
8.7.4.1 Overview
8.7.4.2 Half Size Pads Market Revenue and Forecast to 2028 (US$ Mn)
8.7.5 Cervical Pads
8.7.5.1 Overview
8.7.5.2 Cervical Pads Market Revenue and Forecast to 2028 (US$ Mn)
8.7.6 Tri-Versal Pads
8.7.6.1 Overview
8.7.6.2 Tri-Versal Pads Market Revenue and Forecast to 2028 (US$ Mn)
8.7.7 Others
8.7.7.1 Overview
8.7.7.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
8.8 Compression Therapy
8.8.1 Overview
8.8.2 Compression Therapy Market Revenue and Forecast to 2028 (US$ Mn)
8.9 Ice Buckets Without Compression Therapy
8.9.1 Overview
8.9.2 Ice Buckets Without Compression Therapy Market Revenue and Forecast to 2028 (US$ Mn)
8.10 Others
8.10.1 Overview
8.10.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
9. South & Central America Cold Pain Therapy Market Analysis and Forecasts To 2028 – By End User
9.1 Overview
9.2 South & Central America Cold Pain Therapy Market, By End User 2021 & 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals Market Revenue and Forecast to 2028 (US$ Mn)
9.4 Clinics
9.4.1 Overview
9.4.2 Clinics Market Revenue and Forecast to 2028 (US$ Mn)
9.5 Rehabilitation Centres
9.5.1 Overview
9.5.2 Rehabilitation Centres Market Revenue and Forecast to 2028 (US$ Mn)
9.6 Ambulatory Surgical Centres
9.6.1 Overview
9.6.2 Ambulatory Surgical Centres Market Revenue and Forecast to 2028 (US$ Mn)
9.7 Individuals
9.7.1 Overview
9.7.2 Individuals Market Revenue and Forecast to 2028 (US$ Mn)
9.8 Others
9.8.1 Overview
9.8.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
10. South & Central America Cold Pain Therapy Market Revenue and Forecasts to 2028 – Country Analysis
10.1 South and Central America: South & Central America Cold Pain Therapy Market
10.1.1 Overview
10.1.2 South and Central America: South & Central America Cold Pain Therapy Market, by Country, 2021 & 2028 (%)
10.1.2.1 Brazil: South & Central America Cold Pain Therapy Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.1 Brazil: South & Central America Cold Pain Therapy Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.2 Brazil: South & Central America Cold Pain Therapy Market, by Application – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.3 Brazil: South & Central America Cold Pain Therapy Market, by Offering – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.3.1 Brazil: South & Central America Cold Pain Therapy Market, by Offering for Over the Counter- Revenue and Forecast to 2028 (USD Million)
10.1.2.1.3.2 Brazil: South & Central America Cold Pain Therapy Market, by Offering for Prescription Products – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.3.3 Brazil: South & Central America Cold Pain Therapy Market, by Offering for Pads – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.4 Brazil: South & Central America Cold Pain Therapy Market, by End User – Revenue and Forecast to 2028 (USD Million)
10.1.2.2 Argentina: South & Central America Cold Pain Therapy Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.1 Argentina: South & Central America Cold Pain Therapy Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.2 Argentina: South & Central America Cold Pain Therapy Market, by Application – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.3 Argentina: South & Central America Cold Pain Therapy Market, by Offering – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.3.1 Argentina: South & Central America Cold Pain Therapy Market, by Offering for Over the Counter – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.3.2 Argentina: South & Central America Cold Pain Therapy Market, by Offering for Prescription Products – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.3.3 Argentina: South & Central America Cold Pain Therapy Market, by Offering for Pads – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.4 Argentina: South & Central America Cold Pain Therapy Market, by End User – Revenue and Forecast to 2028 (USD Million)
10.1.2.3 Rest of South and Central America: South & Central America Cold Pain Therapy Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.1 Rest of South and Central America: South & Central America Cold Pain Therapy Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.2 Rest of South and Central America: South & Central America Cold Pain Therapy Market, by Application – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.3 Rest of South and Central America: South & Central America Cold Pain Therapy Market, by Offering – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.3.1 Rest of South and Central America: South & Central America Cold Pain Therapy Market, by Offering for Over the Counter – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.3.2 Rest of South and Central America: South & Central America Cold Pain Therapy Market, by Offering for Prescription Products – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.3.3 Rest of South and Central America: South & Central America Cold Pain Therapy Market, by Offering for Pads – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.4 Rest of South and Central America: South & Central America Cold Pain Therapy Market, by End User – Revenue and Forecast to 2028 (USD Million)
11. South & Central America Cold Pain Therapy Market-Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 DJO Global Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Ossur hf
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Cardinal Health Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Johnson & Johnson
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Beiersdorf AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary of Terms

Table 1. Brazil South & Central America Cold Pain Therapy Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 2. Brazil South & Central America Cold Pain Therapy Market, by Offering – Revenue and Forecast to 2028 (USD Million)
Table 3. Brazil South & Central America Cold Pain Therapy Market, by Offering for Over the Counter – Revenue and Forecast to 2028 (USD Million)
Table 4. Brazil South & Central America Cold Pain Therapy Market, by Offering for Prescription Products – Revenue and Forecast to 2028 (USD Million)
Table 5. Brazil South & Central America Cold Pain Therapy Market, by Offering for Pads – Revenue and Forecast to 2028 (USD Million)
Table 6. Brazil South & Central America Cold Pain Therapy Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 7. Argentina South & Central America Cold Pain Therapy Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 8. Argentina South & Central America Cold Pain Therapy Market, by Offering – Revenue and Forecast to 2028 (USD Million)
Table 9. Argentina South & Central America Cold Pain Therapy Market, by Offering for Over the Counter – Revenue and Forecast to 2028 (USD Million)
Table 10. Argentina South & Central America Cold Pain Therapy Market, by Offering for Prescription Products – Revenue and Forecast to 2028 (USD Million)
Table 11. Argentina South & Central America Cold Pain Therapy Market, by Offering for Pads – Revenue and Forecast to 2028 (USD Million)
Table 12. Argentina South & Central America Cold Pain Therapy Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 13. Rest of South and Central America South & Central America Cold Pain Therapy Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 14. Rest of South and Central America South & Central America Cold Pain Therapy Market, by Offering – Revenue and Forecast to 2028 (USD Million)
Table 15. Rest of South and Central America South & Central America Cold Pain Therapy Market, by Offering for Over the Counter – Revenue and Forecast to 2028 (USD Million)
Table 16. Rest of South and Central America South & Central America Cold Pain Therapy Market, by Offering for Prescription Products – Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of South and Central America South & Central America Cold Pain Therapy Market, by Offering for Pads – Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of South and Central America South & Central America Cold Pain Therapy Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 19. Organic Developments Done by Companies
Table 20. Inorganic Developments Done by Companies
Table 21. Glossary of Terms

Figure 1. South & Central America Cold Pain Therapy Market Segmentation
Figure 2. South & Central America Cold Pain Therapy Market Segmentation, By Country
Figure 3. South & Central America Cold Pain Therapy Market Overview
Figure 4. The Prescription products Segment Held Largest Share of Offering Segment in South & Central America Cold Pain Therapy Market
Figure 5. Brazil Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. South & Central America PEST Analysis
Figure 7. South & Central America Expert Opinion
Figure 8. South & Central America Cold Pain Therapy Market Impact Analysis of Drivers and Restraints
Figure 9. South & Central America Cold Pain Therapy Market – Revenue Forecast and Analysis – 2020- 2028
Figure 10. South & Central America Cold Pain Therapy Market, by Application 2021 & 2028 (%)
Figure 11. Runner’s Knee Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. Tendonitis Market Revenue and Forecasts To 2028 (US$ MN)
Figure 13. Sprains/Sports Sprains Market Revenue and Forecasts To 2028 (US$ MN)
Figure 14. Arthritis Pain Market Revenue and Forecasts To 2028 (US$ MN)
Figure 15. Pain & Swelling After a Hip or Knee Replacement Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. Surgery Recovery Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. Lower Back Pain Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. South & Central America Cold Pain Therapy Market, by Offering 2021 & 2028 (%)
Figure 20. Over-the-Counter Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. Creams Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 22. Gel/Sprays/Roll-On Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. Patches Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. Prescription Products Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 26. Medications Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 27. Medical Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 28. Rehabilitation Exercises Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 29. Ice Wraps & Cold Packs Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 30. Pads Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 31. Standard Pads Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 32. Half Size Pads Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 33. Cervical Pads Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 34. Tri-Versal Pads Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 35. Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 36. Compression Therapy Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 37. Ice Buckets Without Compression Therapy Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 38. Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 39. South & Central America Cold Pain Therapy Market, by End User 2021 & 2028 (%)
Figure 40. Hospitals Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 41. Clinics Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 42. Rehabilitation Centers Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 43. Ambulatory Surgical Centers Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 44. Individuals Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 45. Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 46. South and Central America: South & Central America Cold Pain Therapy Market, by Key Country – Revenue (2021) (USD Million)
Figure 47. South and Central America: South & Central America Cold Pain Therapy Market, by Country, 2021 & 2028 (%)
Figure 48. Brazil: South & Central America Cold Pain Therapy Market – Revenue and Forecast to 2028 (USD Million)
Figure 49. Argentina: South & Central America Cold Pain Therapy Market – Revenue and Forecast to 2028 (USD Million)
Figure 50. Rest of South and Central America: South & Central America Cold Pain Therapy Market – Revenue and Forecast to 2028 (USD Million)
Figure 51. Growth Strategies Done by the Companies in the Market (%)