Global Cryotherapy Market - Regional Analysis
Among regions, North America is estimated to hold a dominant position in the global cryotherapy market over the forecast period. North America is estimated to hold 33.5% of the market share in 2023. The global cryotherapy market is expected to witness significant growth in the coming years, driven by the high prevalence of cancer, cardiovascular diseases, and dermatologic disorders. Increasing use of cryotherapy for pain management is contributing to the growth of the global cryotherapy market in the North America region. For instance, in June 2021, a report was published by National Center for Biotechnology Information (NCBI), which stated that cryotherapy is the superficial application of cold as a therapeutic agent. One of its most common uses is to alleviate chronic pain in specific areas through local application or more broadly through non-local application.
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