Global cryotherapy market accounted for US$ 196 million in 2019. It is anticipated to grow at a CAGR of approximately 8.9% from 2019 to 2030.
Cryotherapy is ‘cold therapy’, a technique where the patient’s body is exposed to very cold temperature for few minutes. This therapy can be delivered in targeted area we all or also for the entire body. Localized cryotherapy can be delivered in multiple ways like through ice packs, coolant spray, ice massage, probes delivered into the tissue, and also ice baths. The basic principle of the treatment is immersing the body or the targeted area in the highly cold air for some minutes, through which the patient receivers multiple health benefits. The patient will have to stand in closed compartment that surrounds the body with opening at the head on the top.
This significant market growth can be attributed tothe increasingadoption of minimally invasive surgical procedures resulting in fewer scars, less pain, and fewer complications.Also,rising incidences of sports injuries, cardiac diseases & cancers, arthritis, malignant & benign tissue damage, andrheumatoid conditions are some of the key factors thatwillboostmarketgrowth.Moreover, the increasing popularity of beauty, fitness, and wellness industries will also propel marketgrowth.
The prominent players in the global cryotherapy market are Medtronic Plc, Galil Medical, Cooper SurgicalInc, Zimmer Medizin System GmbH, METRUM CRYOFLEX, Brymill Cryogenic Systems, ErbeElektromedizin GmbH, CryoConcepts, US CRYOTHERAPY, Kriosystem-Care and others.
Get SAMPLE of the Global Cryotherapy Market Research Report with COVID-19 impact, here: @
Various technological innovations &advancements in cryotherapy equipment, including cryosurgery units and accessories, will further contribute to market growth. Cryotherapy is widely used in the treatment of inflammation, rheumatoid arthritis, and pain management, as well as general beauty & wellness therapies. Additionally, the increasing demand for minimally invasive therapies is generating immense opportunitiesfor market growth globally. Moreover, rising cases of skin diseases, as well as tumors within the liver, kidneys, bones, lungs, breasts,and others, are the major factors that willfurther drive growth of the cryotherapy market.
The growing popularity of cryotherapy in treating various types of cancers and musculoskeletal conditions, such as rheumatic conditions, arthritis, and fibromyalgia, is another major factor that will facilitate market growth. The growing popularity of this procedure in dermatology for beauty treatments will alsoboost the cryotherapy market.
Cryotherapy remains limited to very few geographic regions. The extent of cryotherapy practices is majorly limited to North America and Europe, with few other countries like Japan, China, and Australia witnessing advances in this field, mainly due to lack of awareness. This therapy is safe, lesspainful and highly recommended as compared to invasive surgical treatments.Moreover, the lack of accessibility to advanced cryotherapy procedures in emerging countries may hinder the market growth during the forecast timeframe.
Get Interesting Discount @ https://www.marketindustryreports.com/discount/293
North America is estimated to account for the highest CAGR in the cryotherapymarket over theforecast period.The presence of a well-established healthcare systemand massive healthcare expenditure by government in the region will boost marketgrowth. Moreover, theavailability of cryotherapy products is expected tocreate lucrative growth opportunitiesinthis region. Furthermore, the presence ofadependablehealthcare infrastructure and high per-capita expenditure in the U.S.will drive the application of cryogenic gases for therapeutic purposes. The availability of cryogens, cryoprobes, and other devices isexpected to further propel thedemand.TheAPAC region is expected to witness significant growth in the coming years owing factors such as increasing awareness regarding the use of cryotherapy, observed market growth, latent market potential, and constant growth in healthcare expenditure.
Table of Contents
- Market Definition
- Market Classification
- Geographic Scope
- Years Considered for the Study: Historical Years – 2017 & 2018; Base Year – 2019; Forecasted Years – 2020 to 2030
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Methodology
- Bottom Up Approach
- Top Down Approach
- Data Validation and Triangulation
- Market Forecasting Model
- Limitations/Assumptions of the Study
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESSMENT
- GLOBAL CRYOTHERAPY MARKET – ANALYSIS & FORECAST, BY PRODUCT
- Localized Cryotherapy Devices
- Cryosurgery Devices
- Cryochambers & Cryosaunas
- GLOBAL CRYOTHERAPY MARKET – ANALYSIS & FORECAST, BY APPLICATION
- Pain Management
- Surgical Applications
- Recovery, Health, and Beauty Applications
- GLOBAL CRYOTHERAPY MARKET – ANALYSIS &FORECAST, BY END USER
- Hospitals &Specialty Clinics
- Spas & Fitness Centers
- Cryotherapy Centers
Have Anay Query? Inquire Here @
In the end, Cryotherapy Market Market industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
About Market Industry Reports:
Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
Phone: + 91 8956767535