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 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 (2021–2028), considering 2020 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
- 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.