CMI published a business research report on “Europe Cryochambers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2021–2026”. Europe Cryochambers with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The information is gathered based on modern floats and requests identified with the administrations and items.
Cryochambers are used to induce a whole body cryotherapeutic response. According to the WHO nomenclature of medical devices, cryosurgical units for general purpose are covered under UMDNS code 11-067, 18-051.
Europe Cryochambers market is estimated to account for US$ 53.1 Mn in terms of value in 2019 and is expected to reach US$ 76.5 Mn by the end of 2027.
Europe Cryochambers Market: Drivers
Increasing number of cryotherapy establishments is expected to boost growth of Europe cryochambers market over the forecast period. For instance, Glass House Retreat, a purpose-built spa, detox and weight loss retreat in the U.K, houses a cryotherapy chamber.
Europe Cryochambers Market: Opportunities
Development of novel sensors to monitor the depth of frozen skin tissue is expected to offer a lucrative growth opportunities for players in the market. For instance, in February 2020, researchers at University of Ioannina, Greece, reported development of an optical fiber-array sensor to monitor the depth of frozen skin tissue during freezing–thawing cycles in cryosurgery.
Europe Cryochambers Market: Restraints
Adverse effects of cryotherapy are expected to hamper growth of Europe cryochambers market. Modern cryogenic chambers use mixture of 21% oxygen and 79% nitrogen to achieve and maintain the near-cryogenic temperatures in the system. However, this exposes patients to variety of risks and physiological hazards of evaporation of tissue water and oxygen deficiency. Exposure to sub-zero temperatures in cryochambers may lead to hypothermia, inert gas asphyxiation, frostbites (cold burn), numbness & irritation of the skin, nerve damage, eye injury from the extreme low temperatures or even death in rare cases.
Cryochambers segment in Europe Cryochambers market was valued at US$ 31.3 Mn in 2018 and is expected to reach US$ 49.4 Mn by 2027 at a CAGR of 5.4% during the forecast period. Increasing number of non-invasive and minimally-invasive procedures performed every year is expected to be the major driving force for the segment growth in the near future. Factors such as presence of established cryotherapy companies, presence of skilled professionals, and increasing awareness about the therapy is expected to support growth of the segment.
The Dermatology & Beauty Applications segment held dominant position in Europe cryochambers market in 2018, accounting for 46.7% share in terms of value, followed by Sports Medicine & Pain Management and Others, respectively. The demand for non-invasive and minimally invasive procedures is increasing exponentially owing to increasing consumer preference on enhancing one’s physically features, and treating skin problems. The incidence of both non-melanoma and melanoma skin cancers has been increasing over the past decades. According to the World Health Organization’s 2018 health statistics, around 2 to 3 million cases of non-melanoma skin cancers, and 132,000 melanoma skin cancers occur globally each year.
Cryotherapy can be effective during knee replacement surgery to maintain the surgical area at the desired temperature. Moreover, postoperative cryotherapy can aid in reducing pain, bleeding, length of stay, analgesic requirement and swelling after total knee arthroplasty.
Use of whole-body cryotherapy can aid reducing blood levels of asprosin in menopausal women. Moreover, cryotherapy does not significantly affect insulin concentration or insulin resistance.
Europe Cryochambers Market: Competitive Landscape
Major players in Europe cryochambers include, Zimmer MedizinSysteme GmbH, KrioSystem Sp. z.o.o, Air Products and Chemicals, Inc., CSA Medical, Inc., METRUM CRYOFLEX Sp. z o.o., Sp. K., Novotech S.R.O, CryoAction Limited, JUKA SP. Z.O.O. SP.K., Cryosense, and CRYO Science.
Europe Cryochambers Market: Key Developments
August 2019: BTG International Canada Inc., a part of BTG plc., a global specialist healthcare company, received a medical device license from Health Canada for the ICEfx Cryoablation System
January 2019: CRYO Science, in partnership with Canopy Environmental, announced that the U.S. Air Force’s special tactical unit incorporated the CRYO Arctic Whole Body Cryotherapy Chamber into their squadron at Joint Base Lewis-McChord, Washington
Reasons to Purchase this Report
• Current and future of global Europe Cryochambers market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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- By Product Type
- Individual Units/Cryopods
- Cryochambers/Multiple person chambers
- Individual Units/Cryopods
- By Application
- Dermatology & Beauty Applications
- Sports Medicine & Pain Management
- By End User
- Fitness Center and Beauty Spa
- Cryotherapy Centers
- Sports Clubs and Athletes Clubs
- By Country
- Czech Republic
- Rest of Europe
Major Point Answered in Europe Cryochambers Market Research Study are: –
• What will the market growth rate, Overview and Analysis by Type of Europe Cryochambers market in 2026?
• What are the key factors driving, Analysis by Applications and Countries Europe Cryochambers market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Manufacturers Profiles of Europe Cryochambers market?
• Who are Opportunities, Risk and Driving Force of Europe Cryochambers market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
• Who are the key vendors in Europe Cryochambers market space? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Europe Cryochambers market opportunities and threats faced by the vendors in the market?
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