The use of cryochambers has many benefits. The cold environment can reduce inflammation and improve sleep quality. Many people report feeling more rested and less stressed after undergoing cryotherapy. Cryotherapy is a relatively new procedure that has become a common treatment option for various conditions. The chambers are controlled to maintain the precise temperature required for the treatment. However, there are certain precautions and safety considerations when using cryochambers.
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.
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Europe Cryochambers Market: Drivers
Growing 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
Increasing focus on 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 projected 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.
Key Takeaways:
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. Growing number of non-invasive and minimally-invasive procedures performed every year is projected 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 projected 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.
Market Trends
Cryotherapy can be effective during knee replacement surgery to maintain the surgical area at the desired temperature. Moreover, postoperative cryotherapy can support 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
In 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
In 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
Segmentation
- By Product Type
- Individual Units/Cryopods
- Devices
- Services
- Cryochambers/Multiple person chambers
- Devices
- Services
- By Application
- Dermatology & Beauty Applications
- Sports Medicine & Pain Management
- Others
- By End User
- Fitness Center and Beauty Spa
- Cryotherapy Centers
- Sports Clubs and Athletes Clubs
- Others
- Individual Units/Cryopods
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The Study Objectives are:
✔ A comprehensive insight into key players operating in the Europe Cryochambers Market and their corresponding data.
✔ It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
✔ Regional analysis, which includes insight into the dominant market and corresponding market share.
✔ It also includes various socio-economic factors affecting the evolution of the market in the region.
✔ The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.
Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Europe Cryochambers Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Europe Cryochambers Industry Impact
Chapter 2 Europe Cryochambers Competition by Types, Applications, and Top Regions and Countries
2.1 Europe Cryochambers (Volume and Value) by Type
2.3 Europe Cryochambers (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Company Profiles and Key Figures in Europe Cryochambers Business
Chapter 5 Europe Cryochambers Market Forecast (2022-2028)
Chapter 6 Conclusions
Research Methodology
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