Cryotherapy Market - Global Industry Analysis

Cryotherapy Market - By Product (Cryotherapy Devices, Cryosurgery Devices, and Cryochambers & Cryosaunas), By Application (Surgical Applications, Pain Management, Recovery, and Health & Beauty), By End-User (Hospitals and Cryotherapy Units), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 18-Oct-2021 Category: Healthcare Report Format : PDF Pages: 165 Report Code: ZMR-6524 Status : Published

The global Cryotherapy Market accrued earnings worth approximately 4.1 (USD Billion) in 2020 and is predicted to gain revenue of about 8.7 (USD Billion) by 2028, is set to record a CAGR of nearly 10.5% over the period from 2021 to 2028.

Description

The global Cryotherapy Market accrued earningsworth approximately 4.1 (USD Billion) in 2020 and is predicted togain revenue of about 8.7 (USD Billion) by 2028, is set to record aCAGR of nearly 10.5% over the period from 2021 to 2028. The reportoffers assessment and analysis of the CryotherapyMarket on a global and regional level. The study offers acomprehensive assessment of the market competition, constraints,revenue estimates, opportunities, evolving trends, andindustry-validated data. The report provides historical data from2018 to 2020 along with a forecast from 2021 to 2028 based onrevenue (USD Billion).

Cryotherapy Market: Overview

Cryotherapy reduces edema, discomfort, inflammation, tissuedamage, metabolism, hematoma formation, hypoxic cell death, andpain. During rehabilitation period, cryotherapy helps the patientin developing strength and mobility in an injured area havingnominal inflammation and discomfort. Additionally, cryotherapy isdefined as cold therapy used as physical intervention for treatingtissue lesions as well as musculoskeletal damages along withfreezing & removing abnormal tissues. Furthermore, it is aminimally invasive treatment that helps in removing damaged tissuesoccurring due to medical conditions. Cryotherapy does not requireany kind of open surgery and large number of individuals recoverspost treatment with a little pain.

Cryotherapy Market: Growth Factors

Rise in occurrence of chronic ailments including arthritis aswell as many of skin conditions such as warts & skin tags willdrive growth of cryotherapy market. Apart from this, ability ofcryotherapy for reducing numbs nerve irritation, arthritic pain,and treating mood fluctuations will spur expansion of cryotherapyindustry. Additionally, cryotherapy can also treat migrainesymptoms, atopic dermatitis, and low-risk tumors. It helps inrelieving of muscle pains, muscle spasms, sprains, muscle soreness,and swelling post soft tissue damage. Furthermore, large-scale useof cryotherapy for improving recovery in athletes after extensiveworkout has created enormous opportunities of growth forcryotherapy market. In addition to this, it is also used forenhancing functions of skin joints along with facilitatingrehabilitation of sportspersons and ensuring their wellness.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Moreover, cryotherapy helps in minimizing weight loss inindividuals as well as reducing depression & anxiety. It also aidsreduction of eczema symptoms and utilized for treating solarkeratosis on skin dermis as well as moles on skin. All theseaforementioned aspects are projected to steer growth of cryotherapyindustry. However, complications of cryotherapy including nervedamage, cold-induced urticarial, frostbite, decelerated woundhealing, and Raynaud Phenomenon can curtail industryprogression.

Regional Landscape

North American Market To Register Huge Proceeds OverForecast Timespan

Growth of cryotherapy industry in North America over forecasttimespan is subject to rise in application of whole bodycryotherapy and acceptance of minimally invasive therapies incountries such as the U.S. In addition to this, favorablecompensation policies and presence of strong healthcareinfrastructure in region will drive regional business trends. Apartfrom this, increase in organization of sports events insub-continent along with occurrence of sports related injuriesduring these sports activities will steer size of cryotherapymarket in North America. Growing awareness pertaining to health,fitness, and wellness resulting in setting up of new gym centers inthe region will prompt expansion of regional market.

Competitive Landscape

Key players influencing growth of cryotherapy market andprofiled in report are CooperSurgical, Inc., ERBE ElektromedizinGmbH, Special Medical Technology Co., Ltd., Brymill CryogenicSystems, Cryoalfa, Cortex Technology, Medtronic, CryoConcepts LP,Metrum Cryoflex Sp. z oo, Sp., and Mectronic Medicale S.r.l.

The global Cryotherapy Market is segmented as follows:

By Product

  • Cryotherapy Devices
  • Cryochambers & Cryosaunas
  • Cryosurgery Devices

By End-User

  • Hospitals
  • Cryotherapy Units

By Application

  • Surgical Applications
  • Pain Management
  • Health & Beauty
  • Recovery

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Cryotherapy Market, 2018–2028(USD Billion)
    • 2.2. Cryotherapy Market: Snapshot
  • Chapter 3. Global Cryotherapy Market– Industry Analysis
    • 3.1. Cryotherapy Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Rise in incidences of chronic disorders such as arthritis and skin conditions like warts & skin tags will trigger growth of cryotherapy market.
      • 3.2.2. Need of cryotherapy for reducing numbs nerve irritation, arthritic pain, and treatment of mood fluctuations will establish positive correlation between cryotherapy and the aforementioned disorders, thereby driving industry trends.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Product
      • 3.4.2. Market attractiveness analysis By Application
      • 3.4.3. Market attractiveness analysis By End-User
  • Chapter 4. Global Cryotherapy Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Cryotherapy Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Cryotherapy Market– Product Analysis
    • 5.1. Global Cryotherapy Market overview: By Product
      • 5.1.1. Global Cryotherapy Market share, By Product, 2020 and 2028
    • 5.2. Cryotherapy Devices
      • 5.2.1. Global Cryotherapy Market by Cryotherapy Devices, 2018–2028(USD Billion)
    • 5.3. Cryochambers & Cryosaunas
      • 5.3.1. Global Cryotherapy Market by Cryochambers & Cryosaunas, 2018–2028(USD Billion)
    • 5.4. Cryosurgery Devices
      • 5.4.1. Global Cryotherapy Market by Cryosurgery Devices, 2018–2028(USD Billion)
  • Chapter 6. Global Cryotherapy Market– Application Analysis
    • 6.1. Global Cryotherapy Market overview: By Application
      • 6.1.1. Global Cryotherapy Market share, By Application, 2020 and 2028
    • 6.2. Surgical Applications
      • 6.2.1. Global Cryotherapy Market by Surgical Applications , 2018–2028(USD Billion)
    • 6.3. Pain Management
      • 6.3.1. Global Cryotherapy Market by Pain Management, 2018–2028(USD Billion)
    • 6.4. Health & Beauty
      • 6.4.1. Global Cryotherapy Market by Health & Beauty, 2018–2028(USD Billion)
    • 6.5. Recovery
      • 6.5.1. Global Cryotherapy Market by Recovery, 2018–2028(USD Billion)
  • Chapter 7. Global Cryotherapy Market overview: By End-User
    • 7.1. Global Cryotherapy Market share, By End-User, 2020 and 2028
    • 7.2. Hospitals
      • 7.2.1. Global Cryotherapy Market by Hospitals , 2018–2028(USD Billion)
    • 7.3. Cryotherapy Units
      • 7.3.1. Global Cryotherapy Market by Homecare & Automotive, 2018–2028(USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. CooperSurgical, Inc.
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfulio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. ERBE Elektromedizin GmbH
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfulio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Special Medical Technulogy Co., Ltd.
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfulio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Development
    • 8.4. Brymill Cryogenic Systems
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfulio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Development
    • 8.5. Cryoalfa
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfulio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. Cortex Technulogy
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfulio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. Medtronic
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfulio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. CryoConcepts LP
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product Portfulio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. Metrum Cryoflex Sp. z oo
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product Portfulio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. Mectronic Medicale S.r.l.
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product Portfulio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development

Table Of Figures

List of Figures

1. Market research Type
2. Market research methodology
3. Global Cryotherapy Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Cryotherapy Marketattractiveness, By Product
6. Global Cryotherapy Marketattractiveness, By Application
7. Global Cryotherapy Marketattractiveness, By End-User
8. Global Cryotherapy Marketshare by Product ,2020 and 2028 (USD Billion)
9. Global Cryotherapy Marketby Cryotherapy Devices, 2018–2028(USD Billion)
10. Global Cryotherapy Marketby Cryochambers & Cryosaunas, 2018–2028(USD Billion)
11. Global Cryotherapy Marketby Cryosurgery Devices, 2018–2028(USD Billion)
12. Global Cryotherapy Marketshare by Application ,2020 and 2028 (USD Billion)
13. Global Cryotherapy Marketby Surgical Applications,  2018–2028(USD Billion)
14. Global Cryotherapy Marketby Pain Management, 2018–2028(USD Billion)
15. Global Cryotherapy Marketby Health & Beauty, 2018–2028(USD Billion)
16. Global Cryotherapy Marketby Recovery, , 2018–2028(USD Billion)
17. Global Cryotherapy Marketshare by End-User ,2020 and 2028 (USD Billion)
18. Global Cryotherapy Marketby Hospitals,  2018–2028(USD Billion)
19. Global Cryotherapy Marketby Cryotherapy Units, 2018–2028(USD Billion)
20. Global Cryotherapy Marketshare, by Region, 2020 and 2028
21. North America Cryotherapy Market, 2018–2028(USD Billion)
22. Europe Cryotherapy Market, 2018–2028(USD Billion)
23. Asia Pacific Cryotherapy Market, 2018–2028(USD Billion)
24. Latin America Cryotherapy Market, 2018–2028(USD Billion)
25. The Middle East and Africa Cryotherapy Market, 2018–2028(USD Billion)


Table Of Tables

List of Tables

1. Global Cryotherapy Market: snapshot
2. Drivers of the Cryotherapy Market: impact analysis
3. North America Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
4. North America Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
5. North America Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
6. The U.S. Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
7. The U.S. Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
8. The U.S. Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
9. Rest of North America Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
10. Rest of North America Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
11. Rest of North America Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
12. Europe Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
13. Europe Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
14. Europe Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
15. UK Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
16. UK Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
17. UK Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
18. France Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
19. France Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
20. France Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
21. Germany Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
22. Germany Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
23. Germany Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
24. Rest of Europe Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
25. Rest of Europe Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
26. Rest of Europe Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
27. Asia Pacific Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
28. Asia Pacific Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
29. Asia Pacific Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
30. China Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
31. China Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
32. China Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
33. Japan Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
34. Japan Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
35. Japan Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
36. India Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
37. India Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
38. India Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
39. Rest of Asia Pacific Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
40. Rest of Asia Pacific Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
41. Rest of Asia Pacific Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
42. Latin America Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
43. Latin America Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
44. Latin America Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
45. Brazil Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
46. Brazil Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
47. Brazil Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
48. Rest of Latin America Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
49. Rest of Latin America Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
50. Rest of Latin  America Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
51. The Middle East and Africa Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
52. The Middle East and Africa Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
53. The Middle East and Africa Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
54. Saudi Arabia Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
55. Saudi Arabia Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
56. Saudi Arabia Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
57. South Africa Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
58. South Africa Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
59. South Africa Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)
60. Rest of the Middle East & Africa Cryotherapy Market revenue, By Product  ,2018–2028(USD Billion)
61. Rest of the Middle East & Africa Cryotherapy Market revenue, By Application  ,2018–2028(USD Billion)
62. Rest of the Middle East & Africa Cryotherapy Market revenue, By End-User ,2018–2028(USD Billion)


 
 

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Rise in occurrence of chronic ailments including arthritis as well as many of skin conditions such as warts & skin tags will drive growth of cryotherapy market. Apart from this, ability of cryotherapy for reducing numbs nerve irritation, arthritic pain, and treating mood fluctuations will spur expansion of cryotherapy industry. Additionally, cryotherapy can also treat migraine symptoms, atopic dermatitis, and low-risk tumors. It helps in relieving of muscle pains, muscle spasms, sprains, muscle soreness, and swelling post soft tissue damage. Furthermore, large-scale use of cryotherapy for improving recovery in athletes after extensive workout has created enormous opportunities of growth for cryotherapy market. In addition to this, it is also used for enhancing functions of skin joints along with facilitating rehabilitation of sportspersons and ensuring their wellness. Moreover, cryotherapy helps in minimizing weight loss in individuals as well as reducing depression & anxiety. It also aids reduction of eczema symptoms and utilized for treating solar keratosis on skin dermis as well as moles on skin. All these aforementioned aspects are projected to steer growth of cryotherapy industry.

According to Zion market research report, the global Cryotherapy Market accrued earnings worth approximately 4.1 (USD Billion) in 2020 and is predicted to gain revenue of about 8.7 (USD Billion) by 2028, is set to record a CAGR of nearly 10.5% over the period from 2021 to 2028.

North America will contribute lucratively towards the regional market size over the estimated timeline. The regional market surge is subject to rise in application of whole body cryotherapy and acceptance of minimally invasive therapies in countries such as the U.S. In addition to this, favorable compensation policies and presence of strong healthcare infrastructure in region will drive regional business trends. Apart from this, increase in organization of sports events in sub-continent along with occurrence of sports related injuries during these sports activities will steer size of cryotherapy market in North America. Growing awareness pertaining to health, fitness, and wellness resulting in setting up of new gym centers in the region will prompt expansion of regional market.

The key market participants include CooperSurgical, Inc., ERBE Elektromedizin GmbH, Special Medical Technology Co., Ltd., Brymill Cryogenic Systems, Cryoalfa, Cortex Technology, Medtronic, CryoConcepts LP, Metrum Cryoflex Sp. z oo, Sp., and Mectronic Medicale S.r.l.

 

 

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