Why the Cold Pain Therapy is a Growing Payer Opportunity?



Cold pain therapy is a therapeutic application of cold, used in the treatment of acute soft tissue injuries and to reduce the pain in post-operative condition in orthopedic surgeries, treatment of benign and malignant lesions, and in pain management. Cryotherapy can be applied topically (on the skin surface), surgically or percutaneously. This can also be used to treat various skin conditions such as oral mucositis and tumors in the liver, kidney, bones, breasts and lungs, skin tumors, skin tags, pre-cancerous skin moles, and injuries.


Cryosurgery procedure involves use of extreme cold, produced with help of liquid nitrogen (or argon gas) to destroy abnormal tissues. According to the National Cancer Institute (NCI), cryosurgery is used for treatment of several types of cancers and some non-cancerous conditions. It is reported to be effective for treatment in early stage skin cancer, retinoblastoma, actinic keratosis, and cervical intraepithelial neoplasia. According to a study published in Journal of the National Cancer Institute, in October 2017, it was observed that cryotherapy was effective in controlling the side effects of chemotherapy induced peripheral neuropathy.


Recent developments in the cold pain therapy market:


In July 2017, CSA Medical, Inc. received FDA clearance to expand truFreeze catheter offering to include Rapid AV Spray Kit. truFreeze system is used in cryosurgical procedures for application in gynecology, dermatology, general surgery, and in the removal of malignant lesions. Moreover, the addition of rapid AV Spray kit with truFreeze catheter is expected to reduce the surgical time thereby, reducing overall patient treatment time. 


In January 2017, PENTAX Medical — a company engaged in manufacturing, development and R&D activities in endoscopic product and services — acquired the C2 Therapeutics. C2 Therapeutics manufactures C2 CryoBalloon Ablation System for endoscopic ablation of tissue. Moreover, the acquisition enabled PENTAX Medial to strengthen its therapeutic endoscopy products and service portfolio.


Key players in the cold pain therapy market:


Some of the key players in the cold pain therapy market are CryoConcepts LP, Metrum Cryoflex, Brymill Cryogenic Systems, Mectronic Mediccale S.r.l., Sanarus, Wallach Surgical Devices, Zimmer MedizinSystems, CooperSurgical Inc., CSA Medical, Inc., Cortex Technology, Erbe Elektromedizin, GmbH, Special Medical Technology Co., Ltd, Medtronic plc, Galil Medical, Inc., and PHYSIOMED AG.
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Cold Pain Therapy Market Taxonomy:


On the basis of product, cold pain therapy market segmented into:
• OTC-based products
◦ Pharmaceuticals
▪ Gels, ointment and creams
▪ Patches
▪ Spray and foams
▪ Roll-ons
◦ Medical devices
▪ Cold packs
▪ Cooling pads, wraps and pads
◦ Prescription-based products
▪ Motorized cryotherapy devices
▪ Non-motorized cryotherapy devices
On the basis of therapy type, cold pain therapy market segmented into:
• Cryosurgery
• Icepack therapy
• Chamber therapy


On the basis of device type, cold pain therapy market segmented into:
• Spray cryogun
• Dipstick applicator
• Cryoprobe
• Other devices


On the basis of application, cold pain therapy market segmented into:
• Dermatology
• Oncology
• Musculoskeletal disorder
• Pain management
• Sport medicine
• Physical therapy
• Ophthalmology
• Post-operative
• Post-trauma


On the basis of distribution channel, cold pain therapy market segmented into:
• Online pharmacies
• Retail pharmacies
• Hospital pharmacies


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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.




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