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- Global Cryotherapy Market – Size, Outlook, Trends and Forecast (2023 – 2030)
Cryotherapy is a minimally invasive procedure and is preferred over open surgeries owing to its benefits such a less pain, fewer scars and complications as well as less hospital stay. Global cryotherapy market was valued at approximately $180.2 Million in 2017 and is expected to generate revenue of around $285.5 Million by the end of 2024, growing at a CAGR of around 8.9% between 2017 and 2024. Increasing popularity of the beauty, wellness, and fitness industries and growing demand for minimally invasive procedures are the factors enhancing the growth of the market. Limited availability of cryotherapy techniques and lack of awareness and hazardous effects of cryogenic gases are the factors which hamper the market growth. Opportunities in emerging economies and growing research on unexplored medical conditions will propel the market during the forecast period.
Research Study Objectives:
- Define, estimate, and forecast the Cryotherapy market statistics by application, product, end user and regions concerning the individual growth drivers, market trends and their contribution toward the Cryotherapy market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Cryotherapy Market Analysis
- Analysis and conclusions on the future Cryotherapy market outlook.
Top-down and bottom-up approaches are used to validate the Cryotherapy Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Cryotherapy Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Cryotherapy market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Cryotherapy market segmentation is as follows:
By Product
- Cryosurgery devices
- Localized cryotherapy devices
- Cryochambers & cryosaunas
By Application
- Surgical applications
- Pain management
- Recovery, health, and beauty
By End User
- Cryotherapy centres
- Hospitals & speciality clinics
- Spas & fitness centres
Geographical Analysis:
Cryotherapy Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Cryotherapy Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Cryotherapy Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Cryotherapy market players, such as
- Medtronic plc.
- Wallach Surgical Devices Inc.
- PHYSIOMED ELEKTROMEDIZIN AG.
- Special Medical Technology Co., Ltd.
- US Cryotherapy.
- Along with these companies, many other companies are considered in the report while analysing the Global Cryotherapy competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
CHAPTER 1. INTRODUCTION
1.1. Market Definition
1.2. Executive Summary
1.3. The Scope of the Study
CHAPTER 2. RESEARCH METHODOLOGY
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
CHAPTER 3. MARKET ANALYSIS
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Degree of Competition
3.3. PESTLE Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analysis
CHAPTER 4. MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Growing popularity in the beauty, wellness, and fitness industries
4.1.2. Increasing demand for minimally invasive procedures
4.1.3. Rising incidence of cancer and cardiac conditions
4.1.4. Technological advancements in cryotherapy equipment
4.2. Market Restraints & Challenges
4.2.1. Limited availability of cryotherapy techniques and lack of awareness
4.2.2. Hazardous effects of cryogenic gases
4.3. Market Opportunities
4.3.1. Opportunities in emerging economies
4.3.2. Growing research on unexplored medical conditions
CHAPTER 5. GLOBAL CRYOTHERAPY MARKET – BY PRODUCT
5.1. Introduction
5.2. Cryosurgery devices
5.2.1. Tissue spray probes
5.2.2. Epidermal and subcutaneous cryoablation devices
5.2.3.Tissue contact probes
5.3. Localized cryotherapy devices
5.4. Cryochambers & cryosaunas
CHAPTER 6. GLOBAL CRYOTHERAPY MARKET – BY APPLICATION
6.1. Introduction
6.2. Surgical applications
6.2.1. Oncology
6.2.2. Cardiology
6.2.3. Dermatology
6.2.4. Other surgical applications
6.3. Pain management
6.4. Recovery, health, and beauty
CHAPTER 7. GLOBAL CRYOTHERAPY MARKET – BY END USER
7.1. Introduction
7.2. Cryotherapy centres
7.3. Hospitals & speciality clinics
7.4. Spas & fitness centres
CHAPTER 8. GLOBAL CRYOTHERAPY MARKET – BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.2.4. Costa Rica
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Chile
8.3.4. Columbia
8.3.5. Others
8.4. Europe
8.4.1. U.K.
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Russia
8.4.7. Netherlands
8.4.8. Switzerland
8.4.9. Poland
8.4.10. Others
8.5. APAC
8.5.1. China
8.5.2. Japan
8.5.3. India
8.5.4. South Korea
8.5.5. Australia & New Zealand
8.5.6. Malaysia
8.5.7. Singapore
8.5.8. Others
8.6. Middle East & Africa
8.6.1. UAE
8.6.2. Saudi Arabia
8.6.3. Iran
8.6.4. Iraq
8.6.5. Qatar
8.6.6. South Africa
8.6.7. Algeria
8.6.8. Morocco
8.6.9. Nigeria
8.6.10. Egypt
8.6.11. Others
CHAPTER 9. GLOBAL CRYOTHERAPY MARKET – COMPANY PROFILES
9.1. CryoConcepts LP.
9.2. Medtronic plc
9.3. Zimmer Medizin Systems
9.4. Cortex Technology ApS
9.5. Brymill cryogenic systems.
9.6. Erbe Elektromedizin GmbH.
9.7. Mectronic Medicale S.R.L.
9.8. Metrum cryoflex.
9.9. CooperSurgical, Inc.
9.10. Galil Medical, Inc.
9.11. PHYSIOMED ELEKTROMEDIZIN AG.
9.12. Sanarus Technologies
9.13. Special Medical Technology Co., Ltd.
9.14. Wallach Surgical Devices Inc.
9.15. US Cryotherapy
CHAPTER 10. GLOBAL CRYOTHERAPY MARKET – COMPETITIVE LANDSCAPE
10.1. Market Share Analysis
10.2. Strategies adopted by top companies
10.3. Mergers, Acquisitions, Collaborations & Agreements
CHAPTER 11. MARKET INSIGHTS
11.1. Industry Experts Insights
11.2. Analysts Opinions
11.3. Investment Opportunities
CHAPTER 12. APPENDIX
12.1. List of Tables
12.2. List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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Additional information
Report Type | Extensive Report, Miniature report, Snapshot Report |
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Licence | Single User License, Team License, Corporate License |
Cryotherapy is a minimally invasive procedure and is preferred over open surgeries owing to its benefits such a less pain, fewer scars and complications as well as less hospital stay. Global cryotherapy market was valued at approximately $180.2 Million in 2017 and is expected to generate revenue of around $285.5 Million by the end of 2024, growing at a CAGR of around 8.9% between 2017 and 2024. Increasing popularity of the beauty, wellness, and fitness industries and growing demand for minimally invasive procedures are the factors enhancing the growth of the market. Limited availability of cryotherapy techniques and lack of awareness and hazardous effects of cryogenic gases are the factors which hamper the market growth. Opportunities in emerging economies and growing research on unexplored medical conditions will propel the market during the forecast period.
Research Study Objectives:
- Define, estimate, and forecast the Cryotherapy market statistics by application, product, end user and regions concerning the individual growth drivers, market trends and their contribution toward the Cryotherapy market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Cryotherapy Market Analysis
- Analysis and conclusions on the future Cryotherapy market outlook.
Top-down and bottom-up approaches are used to validate the Cryotherapy Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Cryotherapy Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Cryotherapy market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Cryotherapy market segmentation is as follows:
By Product
- Cryosurgery devices
- Localized cryotherapy devices
- Cryochambers & cryosaunas
By Application
- Surgical applications
- Pain management
- Recovery, health, and beauty
By End User
- Cryotherapy centres
- Hospitals & speciality clinics
- Spas & fitness centres
Geographical Analysis:
Cryotherapy Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Cryotherapy Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Cryotherapy Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Cryotherapy market players, such as
- Medtronic plc.
- Wallach Surgical Devices Inc.
- PHYSIOMED ELEKTROMEDIZIN AG.
- Special Medical Technology Co., Ltd.
- US Cryotherapy.
- Along with these companies, many other companies are considered in the report while analysing the Global Cryotherapy competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
CHAPTER 1. INTRODUCTION
1.1. Market Definition
1.2. Executive Summary
1.3. The Scope of the Study
CHAPTER 2. RESEARCH METHODOLOGY
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
CHAPTER 3. MARKET ANALYSIS
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Degree of Competition
3.3. PESTLE Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analysis
CHAPTER 4. MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Growing popularity in the beauty, wellness, and fitness industries
4.1.2. Increasing demand for minimally invasive procedures
4.1.3. Rising incidence of cancer and cardiac conditions
4.1.4. Technological advancements in cryotherapy equipment
4.2. Market Restraints & Challenges
4.2.1. Limited availability of cryotherapy techniques and lack of awareness
4.2.2. Hazardous effects of cryogenic gases
4.3. Market Opportunities
4.3.1. Opportunities in emerging economies
4.3.2. Growing research on unexplored medical conditions
CHAPTER 5. GLOBAL CRYOTHERAPY MARKET – BY PRODUCT
5.1. Introduction
5.2. Cryosurgery devices
5.2.1. Tissue spray probes
5.2.2. Epidermal and subcutaneous cryoablation devices
5.2.3.Tissue contact probes
5.3. Localized cryotherapy devices
5.4. Cryochambers & cryosaunas
CHAPTER 6. GLOBAL CRYOTHERAPY MARKET – BY APPLICATION
6.1. Introduction
6.2. Surgical applications
6.2.1. Oncology
6.2.2. Cardiology
6.2.3. Dermatology
6.2.4. Other surgical applications
6.3. Pain management
6.4. Recovery, health, and beauty
CHAPTER 7. GLOBAL CRYOTHERAPY MARKET – BY END USER
7.1. Introduction
7.2. Cryotherapy centres
7.3. Hospitals & speciality clinics
7.4. Spas & fitness centres
CHAPTER 8. GLOBAL CRYOTHERAPY MARKET – BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.2.4. Costa Rica
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Chile
8.3.4. Columbia
8.3.5. Others
8.4. Europe
8.4.1. U.K.
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Russia
8.4.7. Netherlands
8.4.8. Switzerland
8.4.9. Poland
8.4.10. Others
8.5. APAC
8.5.1. China
8.5.2. Japan
8.5.3. India
8.5.4. South Korea
8.5.5. Australia & New Zealand
8.5.6. Malaysia
8.5.7. Singapore
8.5.8. Others
8.6. Middle East & Africa
8.6.1. UAE
8.6.2. Saudi Arabia
8.6.3. Iran
8.6.4. Iraq
8.6.5. Qatar
8.6.6. South Africa
8.6.7. Algeria
8.6.8. Morocco
8.6.9. Nigeria
8.6.10. Egypt
8.6.11. Others
CHAPTER 9. GLOBAL CRYOTHERAPY MARKET – COMPANY PROFILES
9.1. CryoConcepts LP.
9.2. Medtronic plc
9.3. Zimmer Medizin Systems
9.4. Cortex Technology ApS
9.5. Brymill cryogenic systems.
9.6. Erbe Elektromedizin GmbH.
9.7. Mectronic Medicale S.R.L.
9.8. Metrum cryoflex.
9.9. CooperSurgical, Inc.
9.10. Galil Medical, Inc.
9.11. PHYSIOMED ELEKTROMEDIZIN AG.
9.12. Sanarus Technologies
9.13. Special Medical Technology Co., Ltd.
9.14. Wallach Surgical Devices Inc.
9.15. US Cryotherapy
CHAPTER 10. GLOBAL CRYOTHERAPY MARKET – COMPETITIVE LANDSCAPE
10.1. Market Share Analysis
10.2. Strategies adopted by top companies
10.3. Mergers, Acquisitions, Collaborations & Agreements
CHAPTER 11. MARKET INSIGHTS
11.1. Industry Experts Insights
11.2. Analysts Opinions
11.3. Investment Opportunities
CHAPTER 12. APPENDIX
12.1. List of Tables
12.2. List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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