by 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.
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 |
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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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