Global Cryotherapy Market 2018-2022 - Growing Popularity in the Beauty, Wellness, and Fitness Industries is Driving the $274.8 Million Market - ResearchAndMarkets.com

DUBLIN--()--The "Cryotherapy Market by Product (Cryosurgery Devices, Localized Cryotherapy Devices, Cryochambers), Application (Surgical Applications, Pain Management, Recovery), End User (Hospitals, Cryotherapy Centers), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The global cryotherapy market is projected to reach USD 274.8 Million by 2022 from USD 180 Million in 2017, at a CAGR of 8.8% during the forecast period.

The growth of this market is majorly driven by factors such as growing incidence of cancer and cardiac conditions; increasing demand for minimally invasive procedures; technological advancements in cryotherapy equipment; and growing popularity in the beauty, wellness, and fitness industries.

North America is expected to account for the largest share of the market in 2017. The large share of this region can be attributed to the increasing popularity of cryosaunas and rising prevalence of CVDs and cancer in the US, along with the increasing number of cardiac arrest cases in Canada.

Hazardous effects of cryogenic gases and stringent regulatory approvals could be challenging factors for this market.

Medtronic (Ireland), Galil Medical (US), CooperSurgical (US), Impact Cryotherapy (US), and Zimmer MedizinSysteme (Germany) are the key players in the cryotherapy market. Other players involved in this market are Metrum CryoFlex (Poland), Erbe Elektromedizin (Germany), Brymill Cryogenic Systems (US), CryoConcepts (US), US Cryotherapy (US), Professional Products (US), and Kriosystem Life (Poland).

Market Dynamics

Drivers

  • Increasing Demand for Minimally Invasive Procedures
  • Growing Incidence of Cancer and Cardiac Conditions
  • Technological Advancements in Cryotherapy Equipment
  • Growing Popularity in the Beauty, Wellness, and Fitness Industries

Restraint

  • Hazardous Effects of Cryogenic Gases

Opportunity

  • Growing Research on Unexplored Medical Conditions

Challenges

  • Limited Availability of Cryotherapy Techniques and Lack of Awareness
  • Regulatory Approvals

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Cryotherapy Market, by Product

7 Cryotherapy Market, by Application

8 Cryotherapy Market, by End User

9 Cryotherapy Market, by Region

10 Competitive Landscape

11 Company Profiles

  • Brymill Cryogenic Systems
  • CooperSurgical (A Subsidiary of the Cooper Companies)
  • CryoConcepts LP
  • ERBE Elektromedizin
  • Galil Medical (A Subsidiary of BTG Plc)
  • Impact Cryotherapy
  • Kriosystem Life
  • Medtronic
  • Metrum CryoFlex
  • Professional Products
  • US Cryotherapy
  • Zimmer Medizinsysteme

For more information about this report visit https://www.researchandmarkets.com/research/qv5xgf/global?w=4

Contacts

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Related Topics: Healthcare Services

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Healthcare Services