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Cryotherapy Market Forecast Covering Growth Inclinations & Development Strategies until 2024

The global cryotherapy market was valued at US$ 2,414.2 million in 2015 and is expected to witness a moderate CAGR of 8.5% during the forecast period (2016 – 2024).
Cryotherapy Market Size, Share, Growth,
Outlook, Future Analysis And Synthesis
By 2024
Cryotherapy is an alternative tumor treatment option, usually preferred in cases wherein removal of
tumor using conventional surgery is not effective. Cryotherapy is also utilized in treating skin disorders,
for anti-aging, muscle pain and recovery, and for muscle-related injuries. Cryotherapies are broadly
classified as localized/surgical cryotherapy or cryosurgery and whole-body cryotherapy. Cryosurgery is
used for treatment of skin conditions, cancer, and pain. Whole body cryotherapy (WBC) find applications
in health and fitness, generally performed opted for by athletes and film personalities. Liquid nitrogen
cooled sauna or cryotherapy chamber (exposed to fresh oxygenated cooled air) are some of the more
non-conventional techniques employed in WBC. Cryotherapy chambers are usually preferred by
cryotherapy centers or at home-facilities. Cryo-guns, cryo probes and gas cylinders are mainly used in
hospitals and clinics for major cryotherapy procedures.
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Market Dynamics
The global cryotherapy market growth is expected to be mainly driven by increasing incidence of cancer
and high prevalence of skin disorders. According to WCRF International, 1.1 million new cases of
prostate cancer among men were diagnosed in 2012. Incidence rates are especially high in Australia,
New Zealand, North America, and in Western and Northern European countries.
Moreover, the global cryotherapy market is characterized by varied end users such as hospitals,
cryotherapy centers, fitness centers, and specialty clinics. Use of cryotherapy as a mode of
alleviating muscular pain is increasing rapidly with the advent of cryotherapy chambers.
Exposure to fresh oxygenated cooled air rather than liquid nitrogen, which poses threat to life
if exposed for long time, is driving attention for cryotherapy chambers among consumers
intending to reduce pain by cryotherapy. Although, treatment has been beneficial in many
cancer cases, more studies are required to establish safety and effectiveness as opposed to
chemotherapy, surgery, and radiation therapy.
Report includes chapters which deeply display the following deliverable about industry :
• Cryotherapy Market Research Objective and Assumption
• Cryotherapy Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Cryotherapy Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Cryotherapy Market, By Regions
• Cryotherapy Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Cryotherapy Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Cryotherapy Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Cryotherapy Market Forecast including Production, Consumption, Import and Export Forecast
by Type, Applications and Region.
• Research Findings and Conclusion
Market Major Players
Major players operating in the global cryotherapy market include CryoConcepts LP, Wallach Surgical
Devices, CooperSurgical, Inc., Cryoalfa, Medtronic PLC, US Cryotherapy, Metrum Cryoflex,
Brymill Cryogenic Systems, and Galil Medical, Inc.
Market Taxonomy
This report segments the global cryotherapy market on the basis of product type, application, therapy
type, end user, and geography. On the basis of product type, the global cryotherapy market is
categorized into cryo-gun, cryo probes, gas cylinders, and others. On the basis of application, the
market is segmented into oncology, cardiology, dermatology, pain management, and others. On the basis
of therapy type, the global cryotherapy market is segmented into cryosurgery, ice-pack and cryo
chamber therapy. The end user segment is divided into hospitals, fitness centers, specialty clinics and
cryotherapy centers. For comprehensive understanding of market dynamics, the global cryotherapy
market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin
America, Africa, and Middle East. Each of these regions is analyzed on basis of market findings across
major countries in these regions for a macro-level understanding of the market.
Detailed Segmentation:
Global Cryotherapy Market, By Product Type:
• Cryogun
• Cryo Probes
• Gas Cylinders
• Others (Cryochambers, thermocouple device, etc.)
Global Cryotherapy Market, By Application:
• Oncology
• Cardiology
• Dermatology
• Pain Management
• Other
Global Cryotherapy Market, By End User:
• Hospitals
• Specialty Clinics
• Fitness centers
• Cryotherapy centers
Global Cryotherapy Market, By Geography:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa
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