Home > Healthcare > Medical Devices > Medical Equipment > Cryotherapy Market

Cryotherapy Market Size

  • Report ID: GMI2488
  • Published Date: Jul 2023
  • Report Format: PDF

Cryotherapy Market Size

Cryotherapy Market size was valued to be USD 282.6 million in 2023 and is anticipated to reach USD 589.5 million in 2032 with a CAGR of 8.5% from 2024 to 2032. Some of the major factors propelling the growth of market includes the increasing prevalence of chronic diseases, increasing popularity of cryotherapy for sports and fitness applications, growing preference for minimally/ non-invasive procedures, and increasing demand for wellness and cosmetic procedures.

 

Cryotherapy is a non-invasive therapy used to treat localized tumours, abnormal skin, and discomfort. It involves the application of cold temperatures for the treatment of cancer-related lesions and malignant tissues. Cryotherapy is widely used for treating soft tissue damage, postoperative swelling, oedema, muscle pain, and sprains. The cold temperature causes blood vessels to constrict, which reduces the quantity of inflammatory cytokines responsible for causing extensive pain. Cryotherapy offers a myriad of benefits in the field of beauty and wellness such as activation of metabolism and circulation, allowing skin rejuvenation.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The cryotherapy industry size was valued at USD 282.6 million in 2023 and is anticipated to reach USD 589.5 million by 2032, owing to increasing popularity of cryotherapy for sports & fitness applications.

In 2022, the cryosurgery segment held the largest market share of 51.6% due to the increasing awareness and demand for minimally invasive procedures.

North America cryotherapy industry is expected to reach USD 228.6 million by 2032, due to the high disposable income, technologically advanced healthcare infrastructure, and high medical expenditure in the U.S.

Galil Medical, CooperSurgical, Medtronic Plc, Impact Cryotherapy, Brymill Cryogenic Systems, Zimmer MedizinSysteme GmbH, Quantum Cryogenics, Erbe Elektromedizin GmbH, US Cryotherapy, Cortex Technology, Boston Scientific Corporation, Kriosystem Life, and Metrum Cryoflex.

Cryotherapy Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 387
  • Countries covered: 21
  • Pages: 222
 Download Free Sample