Market Overview:
The global thermal cryotherapy machine market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for thermal cryotherapy machines for various applications such as sport recovery, beauty and wellness, and others. Additionally, the growing awareness about the benefits of thermal cryotherapy is also contributing to the growth of this market.
Product Definition:
A Thermal Cryotherapy Machine is a device that administers low-temperature therapy to the body. This therapy can be used to treat a variety of conditions, including pain, inflammation, and swelling. The machine works by exposing the target area to cold temperatures for short periods of time. This causes the blood vessels in the area to constrict, which reduces inflammation and pain.
Intelligent:
Intelligent is a new technology that has been used by few companies but now it's time for the industry to move on and use more advanced technologies. Intelligent helps in reducing cost, improving quality & increasing efficiency of the process. It reduces human intervention which makes it self-operating and increases safety factor as there is no risk of operator error.
Non-intelligent:
Non-intelligent is a term used for the cryotherapy machines that do not have any sensors or controls. These are usually used in cases of cancer and other diseases where the patient’s body temperature needs to be lowered to kill off the disease causing microorganisms. The most common ways of using non-intelligent devices include placing patients in ice water, dry ice, or liquid nitrogen vapor chambers for an extended time period.
Application Insights:
The others application segment held the largest market share of over 30% in 2017. The segment includes medical applications such as pain management, fat reduction, and muscle recovery. Increasing number of spas and beauty parlors offering these services is expected to drive the demand for the global thermal cryotherapy machine market during the forecast period.
The sport recovery application segment is anticipated to witness significant growth with a CAGR of XX% from 2018 to 2030 owing to increasing number of athletes participating in sports and recreational activities across various regions including North America, Europe, Asia Pacific and Middle East & Africa. Moreover, growing popularity among athletes for physical rehabilitation after injury or surgery is also expected to boost industry growth during the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The increasing number of sports events, coupled with rising consumer awareness regarding fitness and health, is expected to drive the regional demand for thermal therapy machines over the forecast period. In addition, growing popularity of cryotherapy as a treatment for various medical conditions is anticipated to further fuel market growth during the forecast period.
Asia Pacific region accounted for a revenue share of more than 20% in 2017 owing to high prevalence of obesity and other associated health issues such as joint pain and arthritis among others in countries such as Japan, China, India and Australia (JIA). Moreover, increasing disposable income levels are expected to boost demand over the coming years. Growing interest from local manufacturers & service providers along with government support are likely to favor regional market growth during future years. For instance; CryoLife was established by Australian company KRYO-SEAL Pty Ltd.
Growth Factors:
- Increasing demand for non-invasive and painless treatments: The increasing demand for non-invasive and painless treatments is one of the key growth drivers for the thermal cryotherapy machine market. This is because thermal cryotherapy machines offer a number of benefits such as no downtime, less discomfort, and shorter treatment time when compared to other treatment options.
- Growing awareness about the benefits of thermal cryotherapy: The growing awareness about the benefits of thermal cryotherapy is another key growth driver for this market. Thermal cryotherapy has been found to be beneficial in a number of ways such as reducing inflammation, improving blood circulation, and relieving pain. As a result, more people are becoming aware of these benefits and are opting for this treatment option over others.
- Technological advancements: The technological advancements in the field of thermal cryotherapy are another key growth driver for this market. With new technologies being developed constantly, manufacturers are able to offer better machines that provide enhanced performance and results. This is helping to drive the adoption rateofthermalcryotherapymachinesamongconsumersandislikelytosustainthegrowthofthesubmarketinthefutureaswell..
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Cryotherapy Machine Market Research Report
By Type
Intelligent, Non-intelligent
By Application
Sport Recovery, Beauty and Wellness, Others
By Companies
Cryostar, Vacuactivus, Cryo Innovations, Cryosense, MedStarCom, Cryosauna, Titan Cryo, MECOTEC, Cryomed, CRYO Science, Cryostar, KRION, Zimmer MedizinSysteme
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Cryotherapy Machine Market Report Segments:
The global Thermal Cryotherapy Machine market is segmented on the basis of:
Types
Intelligent, Non-intelligent
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
Sport Recovery, Beauty and Wellness, 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:
- Cryostar
- Vacuactivus
- Cryo Innovations
- Cryosense
- MedStarCom
- Cryosauna
- Titan Cryo
- MECOTEC
- Cryomed
- CRYO Science
- Cryostar
- KRION
- Zimmer MedizinSysteme
Highlights of The Thermal Cryotherapy Machine 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:
- Intelligent
- Non-intelligent
- By Application:
- Sport Recovery
- Beauty and Wellness
- 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 Thermal Cryotherapy Machine 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
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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?
Thermal cryotherapy machine is a medical device that uses cold temperatures to treat various conditions. The machine applies a controlled amount of cold air to the skin, which causes the body's temperature to drop below freezing. This process helps reduce inflammation and pain, and can be used in conjunction with other treatments such as massage or acupuncture.
Some of the key players operating in the thermal cryotherapy machine market are Cryostar, Vacuactivus, Cryo Innovations, Cryosense, MedStarCom, Cryosauna, Titan Cryo, MECOTEC, Cryomed, CRYO Science, Cryostar, KRION, Zimmer MedizinSysteme.
The thermal cryotherapy machine market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermal Cryotherapy Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Thermal Cryotherapy Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermal Cryotherapy Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Thermal Cryotherapy Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Thermal Cryotherapy Machine Market Size & Forecast, 2018-2028
4.5.1 Thermal Cryotherapy Machine Market Size and Y-o-Y Growth
4.5.2 Thermal Cryotherapy Machine Market Absolute $ Opportunity
Chapter 5 Global Thermal Cryotherapy Machine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Thermal Cryotherapy Machine Market Size Forecast by Type
5.2.1 Intelligent
5.2.2 Non-intelligent
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermal Cryotherapy Machine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Thermal Cryotherapy Machine Market Size Forecast by Applications
6.2.1 Sport Recovery
6.2.2 Beauty and Wellness
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermal Cryotherapy Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Thermal Cryotherapy Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Thermal Cryotherapy Machine Analysis and Forecast
9.1 Introduction
9.2 North America Thermal Cryotherapy Machine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Thermal Cryotherapy Machine Market Size Forecast by Type
9.6.1 Intelligent
9.6.2 Non-intelligent
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Thermal Cryotherapy Machine Market Size Forecast by Applications
9.10.1 Sport Recovery
9.10.2 Beauty and Wellness
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Thermal Cryotherapy Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Thermal Cryotherapy Machine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Thermal Cryotherapy Machine Market Size Forecast by Type
10.6.1 Intelligent
10.6.2 Non-intelligent
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Thermal Cryotherapy Machine Market Size Forecast by Applications
10.10.1 Sport Recovery
10.10.2 Beauty and Wellness
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Thermal Cryotherapy Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermal Cryotherapy Machine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Thermal Cryotherapy Machine Market Size Forecast by Type
11.6.1 Intelligent
11.6.2 Non-intelligent
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Thermal Cryotherapy Machine Market Size Forecast by Applications
11.10.1 Sport Recovery
11.10.2 Beauty and Wellness
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Thermal Cryotherapy Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermal Cryotherapy Machine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Thermal Cryotherapy Machine Market Size Forecast by Type
12.6.1 Intelligent
12.6.2 Non-intelligent
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Thermal Cryotherapy Machine Market Size Forecast by Applications
12.10.1 Sport Recovery
12.10.2 Beauty and Wellness
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Thermal Cryotherapy Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermal Cryotherapy Machine Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Thermal Cryotherapy Machine Market Size Forecast by Type
13.6.1 Intelligent
13.6.2 Non-intelligent
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Thermal Cryotherapy Machine Market Size Forecast by Applications
13.10.1 Sport Recovery
13.10.2 Beauty and Wellness
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Thermal Cryotherapy Machine Market: Competitive Dashboard
14.2 Global Thermal Cryotherapy Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cryostar
14.3.2 Vacuactivus
14.3.3 Cryo Innovations
14.3.4 Cryosense
14.3.5 MedStarCom
14.3.6 Cryosauna
14.3.7 Titan Cryo
14.3.8 MECOTEC
14.3.9 Cryomed
14.3.10 CRYO Science
14.3.11 Cryostar
14.3.12 KRION
14.3.13 Zimmer MedizinSysteme
