Cryotherapy Market, by Product Type (Cryosurgery Devices (Cryo Probes and Cryoablation Devices), Localized Cryotherapy Devices, and Cryochambers & Cryosaunas), by Application (Cancer, Cardiovascular Diseases, Dermatologic Disorders, Pain Management, and O

Cryotherapy Market, by Product Type (Cryosurgery Devices (Cryo Probes and Cryoablation Devices), Localized Cryotherapy Devices, and Cryochambers & Cryosaunas), by Application (Cancer, Cardiovascular Diseases, Dermatologic Disorders, Pain Management, and Others), by End User (Hospitals & Specialty Clinics, Cryotherapy Clinics, and Spas & Fitness Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Cryotherapy is the local or general use of low temperatures in medical therapy. Cryotherapy is specially known as pain management treatment that employs targeted freezing temperatures to destroy an irritated nerve, aberrant skin cells, or specific regions. In addition, it is also used for treatment of various cancers such as prostate cancer and skin cancer. This treatment involves inserting a probe into the tissue close to the afflicted nerve to freeze it. The freezing inactivates the nerve, hence relieving painful nerve irritation. Various gases are used to create the intense cold in cryotherapy. Liquid nitrogen, liquid nitrous oxide, and argon gas are some of the gases used in cryotherapy treatment. One of the most commonly used device for cryotherapy includes cryochambers. These chambers are of two types such as the Partial-Body Cryotherapy (PBC) and the whole body cryotherapy (WBC). These Partial-Body Cryotherapy (PBC) operates using nitrogen gas to decrease the temperature. This cryochamber is a tube-shape, which surrounds a person's body and has an open top to maintain the head at ambient temperature. Electricity is used in whole body cryotherapy (WBC) to lower the temperature within the chamber. In contrast to the first, the person enters the electrically powered chamber completely. Cryotherapy can be used to treat conditions that involve irritation of an isolated nerve that include nerve irritation between the ribs (intercostal neuralgia), cluneal nerve entrapment, hypogastric neuromas, and ilioinguinal neuroma.
Market Dynamics
Key market players are focusing on inorganic strategies such as partnership, which is expected to drive the cryotherapy market growth during the forecast period. For instance, in August 2021, Rutherford & Titan and Impact Cryotherapy, the leading manufacturer of liquid nitrogen Cryosauna, announced a partnership that names Rutherford & Titan as the official installation, service, support and training partner for Impact Cryotherapy’s electric and nitrogen based Cryosaunas in North America.
Key features of the study:
This report provides an in-depth analysis of the global cryotherapy market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global cryotherapy market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, strategies
Key companies covered as a part of this study include Zimmer MedizinSystems, Boston Scientific Corporation, Mectronic Medicale S.r.l., Impact Cryotherapy, CryoAction Limited, Cortex Technology, CooperSurgical Inc., Brymill Cryogenic Systems, Stryker, Cryoalfa, CryoConcepts LP, Medtronic PLC., Metrum Cryoflex, and CryoBuilt, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global cryotherapy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have an ease in decision-making through various strategy matrices used in analyzing the global cryotherapy market
Detailed Segmentation:
Global Cryotherapy Market, By Product Type:
Cryosurgery Devices
Cryo Probes
Cryoablation Devices
Localized Cryotherapy Devices
Cryochambers & Cryosaunas
Global Cryotherapy Market, By Application:
Cancer
Cardiovascular Diseases
Dermatologic Disorders
Pain Management
Others
Global Cryotherapy Market, By End User:
Hospitals and Specialty Clinics
Cryotherapy Clinics
Spas & Fitness Centers
Global Cryotherapy Market, By Region:
North America
By Product Type
Cryosurgery Devices
Cryo Probes
Cryoablation Devices
Localized Cryotherapy Devices
Cryochambers & Cryosaunas
By Application
Cancer
Cardiovascular Diseases
Dermatologic Disorders
Pain Management
Others
By End User
Hospitals and Specialty Clinics
Cryotherapy Clinics
Spas & Fitness Centers
By Country
U.S.
Canada
Latin America
By Product Type
Cryosurgery Devices
Cryo Probes
Cryoablation Devices
Localized Cryotherapy Devices
Cryochambers & Cryosaunas
By Application
Cancer
Cardiovascular Diseases
Dermatologic Disorders
Pain Management
Others
By End User
Hospitals and Specialty Clinics
Cryotherapy Clinics
Spas & Fitness Centers
By Country
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Product Type
Cryosurgery Devices
Cryo Probes
Cryoablation Devices
Localized Cryotherapy Devices
Cryochambers & Cryosaunas
By Application
Cancer
Cardiovascular Diseases
Dermatologic Disorders
Pain Management
Others
By End User
Hospitals and Specialty Clinics
Cryotherapy Clinics
Spas & Fitness Centers
By Country
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type
Cryosurgery Devices
Cryo Probes
Cryoablation Devices
Localized Cryotherapy Devices
Cryochambers & Cryosaunas
By Application
Cancer
Cardiovascular Diseases
Dermatologic Disorders
Pain Management
Others
By End User
Hospitals and Specialty Clinics
Cryotherapy Clinics
Spas & Fitness Centers
By Country
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Product Type
Cryosurgery Devices
Cryo Probes
Cryoablation Devices
Localized Cryotherapy Devices
Cryochambers & Cryosaunas
By Application
Cancer
Cardiovascular Diseases
Dermatologic Disorders
Pain Management
Others
By End User
Hospitals and Specialty Clinics
Cryotherapy Clinics
Spas & Fitness Centers
By Country
GCC
Israel
Rest of Middle East
Africa
By Product Type
Cryosurgery Devices
Cryo Probes
Cryoablation Devices
Localized Cryotherapy Devices
Cryochambers & Cryosaunas
By Application
Cancer
Cardiovascular Diseases
Dermatologic Disorders
Pain Management
Others
By End User
Hospitals and Specialty Clinics
Cryotherapy Clinics
Spas & Fitness Centers
By Country/Region
South Africa
Central Africa
North Africa
Company Profiles
Zimmer MedizinSystems *
Company Highlights
Products Portfolio
Key Highlights
Financial Performance
Strategies
Boston Scientific Corporation
Mectronic Medicale S.r.l.
Impact Cryotherapy
CryoAction Limited
Cortex Technology
CooperSurgical Inc.
Brymill Cryogenic Systems
Stryker
Cryoalfa
CryoConcepts LP
Medtronic PLC.
Metrum Cryoflex, and
CryoBuilt, Inc.
“*” marked represents similar segmentation in other categories in the respective section.