EUROPE CRYOCHAMBERS MARKET ANALYSIS

Europe Cryochambers MarketSize and Trends

The Europe Cryochambers Market is estimated to be valued at US$ 64.8 million in 2023 and is expected to exhibit a CAGR of 5.5% during the forecast period (2023-2030).

Europe Cryochambers Market – Driver

Wide application of cryotherapy

Wide application of cryotherapy is expected to propel the growth of Europe cryochambers market over the forecast period. For instance, an article published in the National Library of Medicine, in December 2020, reported cryotherapy can be used in the treatment of migraines, nerve irritation, mood disorders, arthritic pain, low-risk tumors, dementia and Alzheimer’s disease, and atopic dermatitis and other skin conditions.

Increasing adoption of cryotherapy by athletes

Increasing adoption of cryotherapy by athletes is also expected to aid in the growth of the market. For instance, in February 2020, RANGERS FC, a professional football club in Europe, chose CryoAction as its official cryotherapy supplier for the European Premier League.

Europe Cryochambers Market: Key Trends

Majority of the players in the market are providing mobile cryotherapy services to end users such as sports clubs and hospitals

Majority of the players in the market are providing mobile cryotherapy services to end users such as sports clubs and hospitals which will boost the market growth over the forecast period. For instance, in December 2021, Mobile cryotherapy, a spa and health club in Europe, announced its whole body cryosauna is manufactured in the U.S. with edge technology and innovative design to deliver unmatched safety, comfort and reliability. It uses the technology that represents the next generation of holistic wellness for athletic recovery, pain relief/ injury and beauty.