The Global Cryotherapy Market size was valued at USD 3.8 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 10% from 2021 to 2027.
Cryotherapy is used to reduce or manage pain by freezing localized lesions. Cryotherapy is also used to treat local cancers such as prostate cancer. Cryotherapy can be administered to the affected area or to the whole body. Topical cryotherapy is provided through ice packs, coolant sprays, ice massages, ice baths, and probes. Athletes, sportsmen, and others have used cryotherapy to treat orthopedic injuries and numb pain.
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Market Segments
By Product
- Cryosurgery Devices
- Localized Cryotherapy Devices
- Cryochambers & Cryosaunas
By Application
- Surgical Applications
- Pain Management
- Recovery, Health, and Beauty
By End-user
- Hospitals & Specialty Clinics
- Cryotherapy Centers
- Spas & Fitness Centers
Key Players
- Zimmer MedizinSysteme GmbH
- Erbe Elektromedizin GmbH
- Impact Cryotherapy Inc.
- KrioSystem Sp. z.o.o
- The Cooper Companies Inc.
- Air Products and Chemicals, Inc.
- METRUM CRYOFLEX Sp. z o.o., Sp. K.
- Novotech S.R.O
Scope of the Report
The research study analyzes the global Cryotherapy industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cryotherapy Market Report
1. What was the Cryotherapy Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Cryotherapy Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Cryotherapy Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Cryotherapy market.
- The market share of the global Cryotherapy market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Cryotherapy market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Cryotherapy market.
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