Market Overview:
Cryotherapy is a treatment that uses very cold temperatures to destroy or damage cells. This can be done for medical reasons, such as to treat cancer or reduce pain, or for cosmetic reasons, such as to improve the appearance of skin. The global cryotherapy market is expected to grow at a CAGR of 7.5% during the forecast period 2018-2030.
Product Definition:
Cryotherapy is the use of cold temperatures to treat injuries or other medical conditions. It can be used to reduce pain, inflammation, and swelling.
Cryosurgical:
Cryosurgical is a minimally invasive surgical procedure that involves the use of extremely cold temperatures to freeze and destroy targeted tissue. Cryotherapy or cryo surgery is used for treating cancer, arthritis, pain management, cataract surgery and other eye diseases.
Cryotherapy Chamber:
Cryotherapy chamber is used in cryotherapy process which is mainly used for the treatment of cancer. Cryo therapy or cold therapy involves the use of extremely low temperatures to destroy cancer cells. The temperature usually ranges from -50°C to -150°C. Cryotherapy chamber holds and maintains constant temperature during the process, it also provides precise control over a large range as well as allows easy monitoring of cell destruction by providing visual and audible indicators.
Application Insights:
Oncology was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Increasing cancer cases have created a demand for cryotherapy as an effective treatment method. According to data published by WHO, around 1 in 6 women and 1 in 5 men are estimated to develop cancer during their lifetime. Cryotherapy is also used for treating other diseases related to sports injuries such as tennis elbow, runner's knee, hip bursitis & osteoarthritis, golfers elbow & shoulder pain and basketball player's knee among others.
Regional Analysis:
North America dominated the global market in 2017 owing to an increase in the prevalence of chronic diseases, such as cancer and cardiac disorders. In addition, growing adoption of cryotherapy for non-invasive cosmetic procedures is expected to drive regional growth over the forecast period. Europe accounted for a significant share in terms of revenue due to high demand from countries such as Germany and France. The presence of major players with wide distribution networks also contributed toward regional growth.
Asia Pacific is anticipated to witness lucrative CAGR during the forecast period due to rising disposable income coupled with increasing healthcare expenditure by governments across emerging economies including China and India. Moreover, favorable regulatory policies are likely boost CryoCare’s sales across this region over next eight years as it has been approved by Therapeutic Goods Administration (TGA) for sale/supply into Australia, New Zealand, Hong Kong and Taiwan regions since 2012 (now TGA approval no: 0957).
Growth Factors:
- Increasing awareness about the benefits of cryotherapy among consumers.
- Rising demand for cryotherapy services from athletes and celebrities.
- Growing number of health and fitness centers offering cryotherapy services.
- Increasing research on the benefits of cryotherapy for various medical conditions.
- Proliferation of home-use cryotherapy devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Cryotherapy Market Research Report
By Type
Cryosurgical, Cryotherapy Chamber, Others
By Application
Oncology, Cardiology, Health & Beauty, Pain Management, Others,
By Companies
JUKA, MECOTEC, Zimmer MedizinSysteme, Cryomed, KRION, Asperia Group, METRUM, HakoMed, Kriosystem Life, TIME, Titan Cryo, US Cryotherapy, CRYO Science, Impact Cryotherapy, Grand Cryo, Cryonic Medical, Kriomedpol, Cryo Manufacturing,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Cryotherapy Market Report Segments:
The global Cryotherapy market is segmented on the basis of:
Types
Cryosurgical, Cryotherapy Chamber, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oncology, Cardiology, Health & Beauty, Pain Management, Others,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JUKA
- MECOTEC
- Zimmer MedizinSysteme
- Cryomed
- KRION
- Asperia Group
- METRUM
- HakoMed
- Kriosystem Life
- TIME
- Titan Cryo
- US Cryotherapy
- CRYO Science
- Impact Cryotherapy
- Grand Cryo
- Cryonic Medical
- Kriomedpol
- Cryo Manufacturing
Highlights of The Cryotherapy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cryosurgical
- Cryotherapy Chamber
- Others
- By Application:
- Oncology
- Cardiology
- Health & Beauty
- Pain Management
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cryotherapy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cryotherapy is a treatment that uses very cold temperatures to treat pain and inflammation. Cryotherapy is most commonly used to treat injuries, such as sports injuries, but it can also be used for other conditions like arthritis.
Some of the key players operating in the cryotherapy market are JUKA, MECOTEC, Zimmer MedizinSysteme, Cryomed, KRION, Asperia Group, METRUM, HakoMed, Kriosystem Life, TIME, Titan Cryo, US Cryotherapy, CRYO Science, Impact Cryotherapy, Grand Cryo, Cryonic Medical, Kriomedpol, Cryo Manufacturing.
The cryotherapy market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cryotherapy Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cryotherapy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cryotherapy Market - Supply Chain
4.5. Global Cryotherapy Market Forecast
4.5.1. Cryotherapy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cryotherapy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cryotherapy Market Absolute $ Opportunity
5. Global Cryotherapy Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cryotherapy Market Size and Volume Forecast by Type
5.3.1. Cryosurgical
5.3.2. Cryotherapy Chamber
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cryotherapy Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cryotherapy Market Size and Volume Forecast by Application
6.3.1. Oncology
6.3.2. Cardiology
6.3.3. Health & Beauty
6.3.4. Pain Management
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cryotherapy Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cryotherapy Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cryotherapy Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cryotherapy Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cryotherapy Demand Share Forecast, 2019-2026
9. North America Cryotherapy Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cryotherapy Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cryotherapy Market Size and Volume Forecast by Application
9.4.1. Oncology
9.4.2. Cardiology
9.4.3. Health & Beauty
9.4.4. Pain Management
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cryotherapy Market Size and Volume Forecast by Type
9.7.1. Cryosurgical
9.7.2. Cryotherapy Chamber
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cryotherapy Demand Share Forecast, 2019-2026
10. Latin America Cryotherapy Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cryotherapy Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cryotherapy Market Size and Volume Forecast by Application
10.4.1. Oncology
10.4.2. Cardiology
10.4.3. Health & Beauty
10.4.4. Pain Management
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cryotherapy Market Size and Volume Forecast by Type
10.7.1. Cryosurgical
10.7.2. Cryotherapy Chamber
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cryotherapy Demand Share Forecast, 2019-2026
11. Europe Cryotherapy Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cryotherapy Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cryotherapy Market Size and Volume Forecast by Application
11.4.1. Oncology
11.4.2. Cardiology
11.4.3. Health & Beauty
11.4.4. Pain Management
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cryotherapy Market Size and Volume Forecast by Type
11.7.1. Cryosurgical
11.7.2. Cryotherapy Chamber
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cryotherapy Demand Share, 2019-2026
12. Asia Pacific Cryotherapy Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cryotherapy Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cryotherapy Market Size and Volume Forecast by Application
12.4.1. Oncology
12.4.2. Cardiology
12.4.3. Health & Beauty
12.4.4. Pain Management
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cryotherapy Market Size and Volume Forecast by Type
12.7.1. Cryosurgical
12.7.2. Cryotherapy Chamber
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cryotherapy Demand Share, 2019-2026
13. Middle East & Africa Cryotherapy Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cryotherapy Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cryotherapy Market Size and Volume Forecast by Application
13.4.1. Oncology
13.4.2. Cardiology
13.4.3. Health & Beauty
13.4.4. Pain Management
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cryotherapy Market Size and Volume Forecast by Type
13.7.1. Cryosurgical
13.7.2. Cryotherapy Chamber
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cryotherapy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cryotherapy Market: Market Share Analysis
14.2. Cryotherapy Distributors and Customers
14.3. Cryotherapy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. JUKA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MECOTEC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zimmer MedizinSysteme
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cryomed
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. KRION
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Asperia Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. METRUM
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HakoMed
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kriosystem Life
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TIME
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Titan Cryo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. US Cryotherapy
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CRYO Science
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Impact Cryotherapy
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Grand Cryo
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Cryonic Medical
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Kriomedpol
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Cryo Manufacturing
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19.
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook