April 24, 2024

Cryotherapy Market Size to Garner USD 17.18 Billion by 2032

The global cryotherapy market size was estimated to be around US$ 8.4 billion in 2022. It is projected to reach US$ 17.18 billion by 2032, indicating a  CAGR of 7.42% from 2023 to 2032.

Cryotherapy Market Size 2023 To 2032

Key Takeaways:

  • North America captured more than 44% of revenue share in 2022.
  • By therapy type, the cryosurgery segment shows notable growth in the cryotherapy market during the forecast period.
  • By device type, the cryochamber segment is expected to grow at a significant rate during the forecast period.
  • By end-user, the hospitals & specialty clinics segment is expected to share the maximum CAGR during the projection period.
  • By distribution channel, the hospital pharmacy segment dominated the global market.

The market research report on the Cryotherapy market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Cryotherapy products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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Cryotherapy Market Report Scope 

Report Coverage Details
Market Size in 2023 USD 9.02 Billion
Market Size by 2032 USD 17.18 Billion
Growth Rate from 2023 to 2032 CAGR of 7.42%
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Therapy Type, By Device Type, By Application, By End-User, and By Distribution Channel
Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa

Read More: Generative AI in Analytics Market Size to Garner USD 8,900.36 Million by 2032

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global Cryotherapy market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Cryotherapy market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Cryotherapy products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the Cryotherapy market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on Cryotherapy market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Cryotherapy market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Key Players

  • Brymill Cryogenic Systems
  • Metrum Cryoflex
  • Medtronic Medicale S.r.l.
  • Cryoalfa
  • Wallach Surgical Devices
  • Zimmer M CryoConcepts LP
  • Medtronic
  • Cortex Technology
  • edizinSysteme GmbH
  • CryoConcepts LP
  • Medtronic
  • Cortex Technology

Cryotherapy Market Segmentations

By Therapy Type

  • Cryosurgery
  • Icepack Therapy
  • Chamber Therapy

By Device Type

  • Tissue Spray Probes
  • Gas Cylinders
  • Cryogun
  • Cryo Probes
  • Tissue Contact Probes
  • Tissue Spray Probes
  • Gas Cylinders
  • Localized Cryotherapy Devices
  • Cryochambers

By Application

  • Surgical Applications
    • Oncology
    • Cardiology
    • Dermatology
  • Cold Storage
  • Pain Management
  • Beauty & Wellness
  • Fitness

By End-User

  • Hospitals & Specialty Clinics
  • Cryotherapy Centers
  • Spas & Fitness Centers

By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Cryotherapy Market 

5.1. COVID-19 Landscape: Cryotherapy Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Cryotherapy Market, By Therapy Type

8.1. Cryotherapy Market, by Therapy Type, 2023-2032

8.1.1. Cryosurgery

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Icepack Therapy

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Chamber Therapy

8.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Cryotherapy Market, By Device Type

9.1. Cryotherapy Market, by Device Type, 2023-2032

9.1.1. Tissue Spray Probes

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Gas Cylinders

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Cryogun

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Cryo Probes

9.1.4.1. Market Revenue and Forecast (2020-2032)

9.1.5. Tissue Contact Probes

9.1.5.1. Market Revenue and Forecast (2020-2032)

9.1.6. Tissue Spray Probes

9.1.6.1. Market Revenue and Forecast (2020-2032)

9.1.7. Gas Cylinders

9.1.7.1. Market Revenue and Forecast (2020-2032)

9.1.8. Localized Cryotherapy Devices

9.1.8.1. Market Revenue and Forecast (2020-2032)

9.1.9. Cryochambers

9.1.9.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Cryotherapy Market, By Application 

10.1. Cryotherapy Market, by Application, 2023-2032

10.1.1. Surgical Applications

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Cold Storage

10.1.2.1. Market Revenue and Forecast (2020-2032)

10.1.3. Pain Management

10.1.3.1. Market Revenue and Forecast (2020-2032)

10.1.4. Beauty & Wellness

10.1.4.1. Market Revenue and Forecast (2020-2032)

10.1.5. Fitness

10.1.5.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Cryotherapy Market, By End-User

11.1. Cryotherapy Market, by End-User, 2023-2032

11.1.1. Hospitals & Specialty Clinics

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. Cryotherapy Centers

11.1.2.1. Market Revenue and Forecast (2020-2032)

11.1.3. Spas & Fitness Centers

11.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Global Cryotherapy Market, By Distribution Channel

12.1. Cryotherapy Market, by Distribution Channel, 2023-2032

12.1.1. Hospital Pharmacy

12.1.1.1. Market Revenue and Forecast (2020-2032)

12.1.2. Retail Pharmacy

12.1.2.1. Market Revenue and Forecast (2020-2032)

12.1.3. Online Pharmacy

12.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 13. Global Cryotherapy Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.1.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.1.3. Market Revenue and Forecast, by Application (2020-2032)

13.1.4. Market Revenue and Forecast, by End-User (2020-2032)

13.1.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.1.6.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.1.6.3. Market Revenue and Forecast, by Application (2020-2032)

13.1.6.4. Market Revenue and Forecast, by End-User (2020-2032)

13.1.6.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.1.7.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.1.7.3. Market Revenue and Forecast, by Application (2020-2032)

13.1.7.4. Market Revenue and Forecast, by End-User (2020-2032)

13.1.7.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.2.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.2.3. Market Revenue and Forecast, by Application (2020-2032)

13.2.4. Market Revenue and Forecast, by End-User (2020-2032)

13.2.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.2.6.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.2.6.3. Market Revenue and Forecast, by Application (2020-2032)

13.2.7. Market Revenue and Forecast, by End-User (2020-2032)

13.2.8. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.2.9.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.2.9.3. Market Revenue and Forecast, by Application (2020-2032)

13.2.10. Market Revenue and Forecast, by End-User (2020-2032)

13.2.11. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.2.12.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.2.12.3. Market Revenue and Forecast, by Application (2020-2032)

13.2.12.4. Market Revenue and Forecast, by End-User (2020-2032)

13.2.13. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.2.14.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.2.14.3. Market Revenue and Forecast, by Application (2020-2032)

13.2.14.4. Market Revenue and Forecast, by End-User (2020-2032)

13.2.15. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.3.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.3.3. Market Revenue and Forecast, by Application (2020-2032)

13.3.4. Market Revenue and Forecast, by End-User (2020-2032)

13.3.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.3.6.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.3.6.3. Market Revenue and Forecast, by Application (2020-2032)

13.3.6.4. Market Revenue and Forecast, by End-User (2020-2032)

13.3.7. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.3.8.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.3.8.3. Market Revenue and Forecast, by Application (2020-2032)

13.3.8.4. Market Revenue and Forecast, by End-User (2020-2032)

13.3.9. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.3.10.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.3.10.3. Market Revenue and Forecast, by Application (2020-2032)

13.3.10.4. Market Revenue and Forecast, by End-User (2020-2032)

13.3.10.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.3.11.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.3.11.3. Market Revenue and Forecast, by Application (2020-2032)

13.3.11.4. Market Revenue and Forecast, by End-User (2020-2032)

13.3.11.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.4.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.4.3. Market Revenue and Forecast, by Application (2020-2032)

13.4.4. Market Revenue and Forecast, by End-User (2020-2032)

13.4.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.4.6.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.4.6.3. Market Revenue and Forecast, by Application (2020-2032)

13.4.6.4. Market Revenue and Forecast, by End-User (2020-2032)

13.4.7. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.4.8.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.4.8.3. Market Revenue and Forecast, by Application (2020-2032)

13.4.8.4. Market Revenue and Forecast, by End-User (2020-2032)

13.4.9. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.4.10.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.4.10.3. Market Revenue and Forecast, by Application (2020-2032)

13.4.10.4. Market Revenue and Forecast, by End-User (2020-2032)

13.4.10.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.4.11.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.4.11.3. Market Revenue and Forecast, by Application (2020-2032)

13.4.11.4. Market Revenue and Forecast, by End-User (2020-2032)

13.4.11.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.5.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.5.3. Market Revenue and Forecast, by Application (2020-2032)

13.5.4. Market Revenue and Forecast, by End-User (2020-2032)

13.5.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.5.6.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.5.6.3. Market Revenue and Forecast, by Application (2020-2032)

13.5.6.4. Market Revenue and Forecast, by End-User (2020-2032)

13.5.7. Market Revenue and Forecast, by Distribution Channel (2020-2032)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Therapy Type (2020-2032)

13.5.8.2. Market Revenue and Forecast, by Device Type (2020-2032)

13.5.8.3. Market Revenue and Forecast, by Application (2020-2032)

13.5.8.4. Market Revenue and Forecast, by End-User (2020-2032)

13.5.8.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)

Chapter 14. Company Profiles

14.1. Brymill Cryogenic Systems

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Metrum Cryoflex

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Medtronic Medicale S.r.l.

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Cryoalfa

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Wallach Surgical Devices

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Zimmer M CryoConcepts LP

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Medtronic

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Cortex Technology

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. edizinSysteme GmbH

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. CryoConcepts LP

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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