The global Cryotherapy market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Cryotherapy sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals
Increasing usage of cryotherapy for treating mood disorders are also expected to boost revenue growth of the market to a significant extent. Whole-body cryotherapy entails use of ultra-cold temperatures that can cause physiological hormonal responses, and causes release of adrenaline, noradrenaline, and endorphins. This has the potential to benefit those suffering from mood disorders such as anxiety as well as depression. According to studies, whole-body cryotherapy proved beneficial in short-term treatments for both.
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However, cryotherapy is not widely available in developing and underdeveloped countries, which is expected to hamper growth of the global cryotherapy market to some extent over the forecast period. Cryotherapy is not widely available in some developing and any underdeveloped countries. In addition, lack of awareness regarding cryotherapy and concerns regarding side effects of cryotherapy are factors projected to restrain revenue growth of the market between 2021 and 2028.
Some Key Highlights from the Report
Cryochambers and cryosaunas segment revenue is expected to expand at significantly steady CAGR during the forecast period. Growing demand for cryochambers in sports training centers, spas, and beauty parlors is expected to drive revenue growth of the segment.
Pain management segment is expected to register significantly steady revenue growth rate over the forecast period because of rising prevalence of joint and muscular pain among members of the elderly population as well as launch of advanced cryotherapy solutions for pain management.
North America market is expected to register considerably faster revenue CAGR than other regional markets owing to rapid development of healthcare infrastructure and increasing prevalence of skin cancer in countries in the region.
Some major companies included in the global market report are Medtronic plc, CryoConcepts LP, Cortex Technology ApS, CooperSurgical, Inc., Mectronic Medicale S.r.l., Kriosystem-Care Sp. z o.o., Metrum Cryoflex Sp. z o.o., Erbe USA, Incorporated, Brymill Cryogenic Systems, and Zimmer MedizinSysteme GmbH
In November 2021, Medtronic Private Limited, which is a fully owned subsidiary of Medtronic plc, announced the introduction of the arctic front cardiac cryoablation catheter system, India\'s very first cryoballoon catheter approved by Central Drugs Standard Control Organization (CDSCO) for the treatment of Atrial Fibrillation (AF).
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Regional Analysis of the Cryotherapy Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Rapid Business Growth Factors
In addition, the market is growing at a fast pace and the report shows us that there are a couple of key factors behind that. The most important factor that’s helping the market grow faster than usual is the tough competition.
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Emergen Research has segmented the global cryotherapy market on the basis of product, therapy, application, end-use, and region:
Product Outlook (Revenue, USD Million; 2018–2028)
- Localized Cryotherapy Devices
- Cryosurgery Devices
- Cryogun
- Tissue Spray Probes
- Tissue Contact Probes
- Epidermal Subcutaneous Cryoablation Devices
- Cryochambers Cryosaunas
- Gas Cylinders
- Others
Therapy Outlook (Revenue, USD Million; 2018–2028)
- Icepack Therapy
- Cryosurgery
- Chamber Therapy
Application Outlook (Revenue, USD Million; 2018–2028)
- Pain Management
- Surgical
- Cardiology
- Oncology
- Dermatology
- Health Beauty
End-Use Outlook (Revenue, USD Million; 2018–2028)
- Hospitals Clinics
- Spas Fitness Centers
- Cryotherapy Centers
Key Points of Cryotherapy Market:
Extensive coverage of the analysis of the Cryotherapy market
Key insights into the regional spread of the industry in key geographies
Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Cryotherapy market
Complete data about the key manufacturers and vendors in the Cryotherapy market
Read More: https://www.emergenresearch.com/industry-report/cryotherapy-market
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