The global cryotherapy market size is set to achieve 6.72 billion by 2026 at a CAGR of 9.8% according to this new study. The report Cryotherapy Market Size, Share, Trends, Industry Analysis Report By Device Type (Cryoguns, Cryoprobes, Gas Cylinders, Cryochambers, Gas Pressure Gauges, Thermocouple devices); By Therapy Type (Cryosurgery, Icepack Therapy, Chamber Therapy); By Application Type and By Regions-Segment Forecast 2020-2026 provides an in-depth analysis of present and future market trends.
Cryotherapy is known in medical science as an application of low temperature for treating malignant tissues and malignant tissue damage called lesions. Cryotherapy finds common applications in treating muscle pain, sprains, swelling, soft tissue damage and postoperative swelling.
Cryotherapy known as cryoablation is a non-invasive therapy that is useful in pain reduction, abnormal skin treatment and treating local tumors. Cryosurgery is directing extreme cold to diseased tissues to destroy them. Then, ice pack therapy is administered to an injured area of body. It is for no small reason that cryotherapy devices market is considered the most potent treatment for cancer. Rising incidences of cancer will give growth to phenomenal strides in market. Cryotherapy, also called cryoablation, is a non-invasive therapy used for alleviating pain, treating abnormal skin, and treating localized tumors. It can be administered locally or on whole body.
The key factors driving cryotherapy market include high prevalence of cancer, increasing demand for minimally invasive procedures, technological prowess in cryotherapy equipment and growing popularity in fitness, wellness and beauty industries. Uncertainty over traditional methods still exist because use of argon gas and crypto probes are not definitive standards and have to seek approval by the regulatory body. Safety and effectiveness have a long way to go. Hence lack of clinical evidences is limiting factors to growth of cryotherapy units market.
High-risk cryogenic gases and strict regulatory approvals for the gases could be defining restraints for the market. On the other hand, success factors for cryosurgery are that it scores over traditional surgery, marked by few complications, negligible scars, less pain and shorter hospitals stay. These factors will bolster market.
The cryotherapy market in North America and Europe is boosted by increasing demand from athletes and film actors to recover from injury faster and prevent aging. Companies are constantly on the look-out to develop innovative products for cryotherapy in order to gain larger user base in emerging economies such as India, China, and Brazil. North America stands out over other regions with its market domination.
Cryosurgery therapy type segment soars over other types of therapies owing to minimally invasive surgery holding sway. Cryosurgery helps repair damaged tissues without bringing any harm to healthy tissues in the body. Negligible side effects and faster recoveries will bring forth market success during forecast period. A whole-body cryotherapy (WBC) is useful in improving athletes’ performance and reduces his downtime by helping him recover early from muscular injuries and pain.
Oncology dominates market segment with 80% market share. This is due to rising number of patients being targeted by cancer with increasing mortality rates. Cryotherapy is advantageous, more so as it offers a turnaround solution to patients who are non-treatable, non-operable and those who are unresponsive to treatment. Cryotherapy also is used in skin treatment and for treating eye lesions. The uniqueness of the method lies in applying liquid nitrogen using a cotton swab or a spraying device.
The key players in Cryotherapy market include CryoConcepts LP, Medtronic plc, Brymill Cryogenci Systems, Cortex Technoologies, Cooper Surgical, Inc., and Zimmer Medizin Systems.
The publisher has segmented the global cryotherapy market on the basis of product type, application, therapy, end-user and region:
Cryotherapy Product Type Outlook (Revenue USD Million 2015-2026)
Cryogun
Cryoprobes
Gas Cylinders
Gas Pressure Gauges
Thermocouple Devices
Cryotherapy Application Outlook (Revenue USD Million 2025-2026)
Oncology
Cardiology
Dermatology
Pain Management
Gynecology
Cryotherapy Therapy Type Outlook (Revenue USD Million 2015-2026)
Cryosurgery
Icepack therapy
Cryo chamber therapy
Cryotherapy Regional Outlook (Revenue USD Million 2015-2026)
North America
US
Canada
Europe
UK
France
Germany
Italy
Spain
Asia Pacific
China
Japan
India
Latin America
Mexico
Brazil
Middle East and Africa
Cryotherapy is known in medical science as an application of low temperature for treating malignant tissues and malignant tissue damage called lesions. Cryotherapy finds common applications in treating muscle pain, sprains, swelling, soft tissue damage and postoperative swelling.
Cryotherapy known as cryoablation is a non-invasive therapy that is useful in pain reduction, abnormal skin treatment and treating local tumors. Cryosurgery is directing extreme cold to diseased tissues to destroy them. Then, ice pack therapy is administered to an injured area of body. It is for no small reason that cryotherapy devices market is considered the most potent treatment for cancer. Rising incidences of cancer will give growth to phenomenal strides in market. Cryotherapy, also called cryoablation, is a non-invasive therapy used for alleviating pain, treating abnormal skin, and treating localized tumors. It can be administered locally or on whole body.
The key factors driving cryotherapy market include high prevalence of cancer, increasing demand for minimally invasive procedures, technological prowess in cryotherapy equipment and growing popularity in fitness, wellness and beauty industries. Uncertainty over traditional methods still exist because use of argon gas and crypto probes are not definitive standards and have to seek approval by the regulatory body. Safety and effectiveness have a long way to go. Hence lack of clinical evidences is limiting factors to growth of cryotherapy units market.
High-risk cryogenic gases and strict regulatory approvals for the gases could be defining restraints for the market. On the other hand, success factors for cryosurgery are that it scores over traditional surgery, marked by few complications, negligible scars, less pain and shorter hospitals stay. These factors will bolster market.
The cryotherapy market in North America and Europe is boosted by increasing demand from athletes and film actors to recover from injury faster and prevent aging. Companies are constantly on the look-out to develop innovative products for cryotherapy in order to gain larger user base in emerging economies such as India, China, and Brazil. North America stands out over other regions with its market domination.
Cryosurgery therapy type segment soars over other types of therapies owing to minimally invasive surgery holding sway. Cryosurgery helps repair damaged tissues without bringing any harm to healthy tissues in the body. Negligible side effects and faster recoveries will bring forth market success during forecast period. A whole-body cryotherapy (WBC) is useful in improving athletes’ performance and reduces his downtime by helping him recover early from muscular injuries and pain.
Oncology dominates market segment with 80% market share. This is due to rising number of patients being targeted by cancer with increasing mortality rates. Cryotherapy is advantageous, more so as it offers a turnaround solution to patients who are non-treatable, non-operable and those who are unresponsive to treatment. Cryotherapy also is used in skin treatment and for treating eye lesions. The uniqueness of the method lies in applying liquid nitrogen using a cotton swab or a spraying device.
The key players in Cryotherapy market include CryoConcepts LP, Medtronic plc, Brymill Cryogenci Systems, Cortex Technoologies, Cooper Surgical, Inc., and Zimmer Medizin Systems.
The publisher has segmented the global cryotherapy market on the basis of product type, application, therapy, end-user and region:
Cryotherapy Product Type Outlook (Revenue USD Million 2015-2026)
Cryogun
Cryoprobes
Gas Cylinders
Gas Pressure Gauges
Thermocouple Devices
Cryotherapy Application Outlook (Revenue USD Million 2025-2026)
Oncology
Cardiology
Dermatology
Pain Management
Gynecology
Cryotherapy Therapy Type Outlook (Revenue USD Million 2015-2026)
Cryosurgery
Icepack therapy
Cryo chamber therapy
Cryotherapy Regional Outlook (Revenue USD Million 2015-2026)
North America
US
Canada
Europe
UK
France
Germany
Italy
Spain
Asia Pacific
China
Japan
India
Latin America
Mexico
Brazil
Middle East and Africa
Frequently Asked Questions about the Cryotherapy Market
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| Report Attribute | Details |
|---|---|
| No. of Pages | 110 |
| Published | May 2020 |
| Forecast Period | 2020 - 2026 |
| Estimated Market Value ( USD | $ 3.51 Billion |
| Forecasted Market Value ( USD | $ 6.72 Billion |
| Compound Annual Growth Rate | 11.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
Table of Contents
1. Overview and Scope1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-aways
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Industry Insights
3.1. Cryotherapy Market – Industry snapshot
3.2. Cryotherapy Market – Ecosystem analysis
3.3. Cryotherapy Market – Market dynamics
3.3.1. Cryotherapy Market – Market Forces
3.3.1.1. Cryotherapy Market- Market driver analysis
3.3.1.2. Cryotherapy Market - Market restraint/challenges analysis
3.3.1.3. Cryotherapy Market - Market opportunity analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Cryotherapy Market PEST analysis, 2019
3.6. Value Chain Analysis
3.7. Cryotherapy Market Industry trends
4. Cryotherapy Market Size and Forecast by Device Type
4.1. Key findings
4.2. Cryoguns
4.2.1. Global market estimates and forecasts, 2015 - 2026
4.3. Cryo Probes
4.3.1. Global market estimates and forecasts, 2015 - 2026
4.4. Gas Cylinders
4.4.1. Global market estimates and forecasts, 2015 - 2026
4.5. Cryo Chambers
4.5.1. Global market estimates and forecasts, 2015 - 2026
4.6. Gas Pressure Gauges
4.6.1. Global market estimates and forecasts, 2015 - 2026
4.7. Thermocouple Devices
4.7.1. Global market estimates and forecasts, 2015 - 2026
5. Cryotherapy Market Size and Forecast by therapy type
5.1. Key Findings
5.2. Cryosurgery
5.2.1. Global market estimates and forecasts, 2015 - 2026
5.3. Icepack Therapy
5.3.1. Global market estimates and forecasts, 2015 - 2026
5.4. Chamber Therapy
5.4.1. Global market estimates and forecasts, 2015 - 2026
6. Cryotherapy Market Size and Forecast by Application Type
6.1. Key Findings
6.2. Oncology
6.2.1. Global market estimates and forecasts, 2015 - 2026
6.3. Cardiology
6.3.1. Global market estimates and forecasts, 2015 - 2026
6.4. Dermatology
6.4.1. Global market estimates and forecasts, 2015 - 2026
6.5. Pain Management
6.5.1. Global market estimates and forecasts, 2015 - 2026
6.6. Ophthalmology
6.6.1. Global market estimates and forecasts, 2015 - 2026
6.7. Gynecology
6.7.1. Global market estimates and forecasts, 2015 - 2026
7. Cryotherapy Market Size and Forecast by Regions
7.1. Key findings
7.2. North America
7.2.1. Cryotherapy Market by Device, 2015 - 2026
7.2.2. Cryotherapy Market by Therapy, 2015 - 2026
7.2.3. Cryotherapy Market by Application, 2015 - 2026
7.2.4. U.S.
7.2.4.1. Cryotherapy Market by Device, 2015 - 2026
7.2.4.2. Cryotherapy Market by Therapy, 2015 - 2026
7.2.4.3. Cryotherapy Market by Application, 2015 - 2026
7.2.5. Canada
7.2.5.1. Cryotherapy Market by Device, 2015 - 2026
7.2.5.2. Cryotherapy Market by Therapy, 2015 - 2026
7.2.5.3. Cryotherapy Market by Application, 2015 - 2026
7.3. Europe
7.3.1. Cryotherapy Market by Device, 2015 - 2026
7.3.2. Cryotherapy Market by Therapy, 2015 - 2026
7.3.3. Cryotherapy Market by Application, 2015 - 2026
7.3.4. Germany
7.3.4.1. Cryotherapy Market by Device, 2015 - 2026
7.3.4.2. Cryotherapy Market by Therapy, 2015 - 2026
7.3.4.3. Cryotherapy Market by Application, 2015 - 2026
7.3.5. UK
7.3.5.1. Cryotherapy Market by Device, 2015 - 2026
7.3.5.2. Cryotherapy Market by Therapy, 2015 - 2026
7.3.5.3. Cryotherapy Market by Application, 2015 - 2026
7.4. Asia Pacific
7.4.1. Cryotherapy Market by Device, 2015 - 2026
7.4.2. Cryotherapy Market by Therapy, 2015 - 2026
7.4.3. Cryotherapy Market by Application, 2015 - 2026
7.4.4. China
7.4.4.1. Cryotherapy Market by Device, 2015 - 2026
7.4.4.2. Cryotherapy Market by Therapy, 2015 - 2026
7.4.4.3. Cryotherapy Market by Application, 2015 - 2026
7.4.5. India
7.4.5.1. Cryotherapy Market by Device, 2015 - 2026
7.4.5.2. Cryotherapy Market by Therapy, 2015 - 2026
7.4.5.3. Cryotherapy Market by Application, 2015 - 2026
7.4.6. Japan
7.4.6.1. Cryotherapy Market by Device, 2015 - 2026
7.4.6.2. Cryotherapy Market by Therapy, 2015 - 2026
7.4.6.3. Cryotherapy Market by Application, 2015 - 2026
7.5. Latin America
7.5.1. Cryotherapy Market by Device, 2015 - 2026
7.5.2. Cryotherapy Market by Therapy, 2015 - 2026
7.5.3. Cryotherapy Market by Application, 2015 - 2026
7.5.4. Brazil
7.5.4.1. Cryotherapy Market by Device, 2015 - 2026
7.5.4.2. Cryotherapy Market by Therapy, 2015 - 2026
7.5.4.3. Cryotherapy Market by Application, 2015 - 2026
7.6. Middle East & Africa
7.6.1. Cryotherapy Market by Device, 2015 - 2026
7.6.2. Cryotherapy Market by Therapy, 2015 - 2026
7.6.3. Cryotherapy Market by Application, 2015 - 2026
8. Company Profiles
8.1. CryoConcepts LP
8.1.1. Overview
8.1.2. Financials
8.1.3. Product Type Benchmarking
8.1.4. Recent Developments
8.2. Medtronic plc.
8.2.1. Overview
8.2.2. Financials
8.2.3. Product Type Benchmarking
8.2.4. Recent Developments
8.3. Brymill Cryogenic Systems
8.3.1. Overview
8.3.2. Financials
8.3.3. Product Type Benchmarking
8.3.4. Recent Developments
8.4. Cortex Technologies
8.4.1. Overview
8.4.2. Financials
8.4.3. Product Type Benchmarking
8.4.4. Recent Developments
8.5. CooperSurgical, Inc.
8.5.1. Overview
8.5.2. Financials
8.5.3. Product Type Benchmarking
8.5.4. Recent Developments
8.6. Galil, Medical, Inc.
8.6.1. Overview
8.6.2. Financials
8.6.3. Product Type Benchmarking
8.6.4. Recent Developments
8.7. Mectronic Medicale, S.r.l.
8.7.1. Overview
8.7.2. Financials
8.7.3. Product Type Benchmarking
8.7.4. Recent Developments
8.8. Wallach Surgical Device
8.8.1. Overview
8.8.2. Financials
8.8.3. Product Type Benchmarking
8.8.4. Recent Developments
8.9. Zimmer MedizinSystems.
8.9.1. Overview
8.9.2. Financials
8.9.3. Product Type Benchmarking
8.9.4. Recent DevelopmentsList of Tables
Table 1. North America Cryotherapy Market, by Country,2015 - 2026 (USD Million)
Table 2. North America Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 3. North America Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 4. North America Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 5. North America Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 6. U.S. Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 7. U.S. Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 8. Canada Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 9. Canada Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 10. Canada Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 11. Europe Cryotherapy Market, by Country,2015 - 2026 (USD Million)
Table 12. Europe Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 13. Europe Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 14. Europe Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 15. Germany Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 16. Germany Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 17. Germany Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 18. UK Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 19. UK Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 20. UK Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 21. Asia Pacific Cryotherapy Market, by Country,2015 - 2026 (USD Million)
Table 22. Asia Pacific Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 23. Asia Pacific Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 24. Asia Pacific Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 25. Japan Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 26. Japan Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 27. Japan Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 28. China Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 29. China Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 30. China Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 31. India Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 32. India Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 33. India Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 34. Latin America Cryotherapy Market, by Country,2015 - 2026 (USD Million)
Table 35. Latin America Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 36. Latin America Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 37. Latin America Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 38. Brazil Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 39. Brazil Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 40. Brazil Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 41. Mexico Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 42. Mexico Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 43. Mexico Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 44. MEA Cryotherapy Market, by Country,2015 - 2026 (USD Million)
Table 45. MEA Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 46. MEA Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 47. MEA Cryotherapy Market, by Application,2015 - 2026 (USD Million)
Table 48. South Africa Cryotherapy Market, by Therapy,2015 - 2026 (USD Million)
Table 49. South Africa Cryotherapy Market, by Device Type,2015 - 2026 (USD Million)
Table 50. South Africa Cryotherapy Market, by Application,2015 - 2026 (USD Million)
List of Figures
Figure 1. Market research process
Figure 2. Information procurement
Figure 3. Primary research pattern
Figure 4. Market research approaches
Figure 5. Value chain based sizing & forecasting
Figure 6. Market share assessment
Figure 7. Cryotherapy market summary
Figure 8. Market trends & outlook
Figure 9. Market segmentation & scope
Figure 10. Market driver relevance analysis (Current & future impact)
Figure 11. Key opportunities prioritized
Figure 12. Cryotherapy Market – Porter’s Analysis
Figure 13. SWOT Analysis, By Factor (political & legal, economic and technological)
Figure 14. Competitive Landscape: Market Position Analysis
Figure 15. Cryotherapy market therapy outlook key takeaways
Figure 16. Cryotherapy market: Therapy movement analysis
Figure 17. Cryosurgery Market,2015 - 2026 (USD Million)
Figure 18. Icepack therapy market,2015 - 2026 (USD Million)
Figure 19. Chamber therapy market,2015 - 2026(USD Million)
Figure 20. Cryotherapy market device type outlook key takeaways
Figure 21. Cryotherapy market: Device type movement analysis
Figure 22. Cryogun market,2015 - 2026 (USD Million)
Figure 23. Cryoprobe market,2015 - 2026 (USD Million)
Figure 24. Gas cylinder market,2015 - 2026 (USD Million)
Figure 25. Cryo Chamber market,2015 - 2026 (USD Million)
Figure 26. Gas pressure gauge market,2015 - 2026 (USD Million)
Figure 27. Thermocouple devicemarket,2015 - 2026 (USD Million)
Figure 28. Cryotherapy market application outlook key takeaways
Figure 29. Cryotherapy market: Application movement analysis
Figure 30. Oncology market,2015 - 2026 (USD Million)
Figure 31. Cardiology market,2015 - 2026 (USD Million)
Figure 32. Dermatology market,2015 - 2026 (USD Million)
Figure 33. Pain management market,2015 - 2026 (USD Million)
Figure 34. Ophthalmology market,2015 - 2026 (USD Million)
Figure 35. Gynecology market,2015 - 2026 (USD Million)
Figure 36. Regional market place: Key takeaways
Figure 37. Regional outlook, 2019 & 2026
Companies Mentioned
- Cryo Concepts LP
- Medtronic plc
- Brymill Cryogenci Systems
- Cortex Technologies
- Cooper Surgical Inc.
- Cortex Technologies
- Galil Medical Inc.
- Mectronic Medicale
- S.r.l
- Wallach Surgical Dvice
- Zimmer Medizin System
