Cryotherapy Market 2019-2024: Focus on Product (Cryosurgery Devices, Localized Cryotherapy Devices, Cryosaunas), Application (Surgical Application, Pain Management, Health & Beauty) - ResearchAndMarkets.com

DUBLIN--()--The "Cryotherapy Market by Product (Cryosurgery Devices, Localized Cryotherapy Devices, Cryosaunas), Application (Surgical Application, Pain Management, Health & Beauty), End User (Hospitals & Specialty Clinics, Spas) - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The cryotherapy market is projected to reach USD 318.8 million by 2024 from USD 206.3 million in 2019, at a CAGR 9.1%.

Growth in this market is driven by the increasing demand for minimally invasive procedures; increasing incidence of sports injuries, cardiac conditions, and cancers; technological advancements in cryotherapy equipment; and growing popularity in the beauty, wellness, and fitness industries.

However, the limited access to cryotherapy and lack of awareness are expected to limit market growth to a certain extent during the forecast period.

Prominent players in this market are Medtronic (Ireland), Galil Medical (US), and CooperSurgical (US). These players adopted strategies such as product launches & approvals, acquisitions, partnerships, and collaborations to increase their market shares and strengthen their product portfolios and geographical presence in the cryotherapy market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Cryotherapy: Market Overview

4.2 Europe: Cryotherapy Market, By Product (2018)

4.3 Market Share, By Application, 2019 vs 2024

4.4 Market Share, By Product, 2019 vs 2024

4.5 Cryotherapy Market Share, By End User, 2019 vs 2024

4.6 Geographical Snapshot of the Market

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Increasing Demand for Minimally Invasive/Non-Invasive Procedures

5.2.1.2 Growing Incidence of Sports Injuries, Cancer, and Cardiac Conditions

5.2.1.3 Technological Advancements in Cryotherapy Equipment

5.2.1.4 Growing Popularity in the Beauty, Wellness, and Fitness Industries

5.2.2 Restraints

5.2.2.1 Limited Access to Cryotherapy and Lack of Awareness

5.2.3 Opportunities

5.2.3.1 Growing Focus on Expanding Cryotherapy Applications

5.2.4 Challenges

5.2.4.1 Hazardous Effects of Cryogenic Gases

5.2.4.2 Lack of Evidence for the Efficacy of Whole-Body Cryotherapy

6 Cryotherapy Market, By Product

6.1 Introduction

6.2 Cryosurgery Devices

6.2.1 Tissue Contact Probes

6.2.1.1 Safety and Effectiveness of Tissue Contact Probes have Driven Their Use

6.2.2 Tissue Spray Probes

6.2.2.1 Ability to Treat Surgically Inoperable Tumors is Driving the Use of Spray Probes

6.2.3 Epidermal & Subcutaneous Cryoablation Devices

6.2.3.1 Anesthetic Properties of Epidermal & Subcutaneous Probes are Supporting Market Growth

6.3 Localized Cryotherapy Devices

6.3.1 Simplicity and Ease of Application have Popularized Localized Cryotherapy

6.4 Cryochambers & Cryosaunas

6.4.1 Chambers and Saunas are Widely Used in Sports

7 Cryotherapy Market, By Application

7.1 Introduction

7.2 Surgical Applications

7.2.1 Oncology

7.2.1.1 Increasing Cancer Incidence Will Propel Market Growth

7.2.2 Dermatology

7.2.2.1 The Use of Cryotherapy in Dermatology has Risen in Recent Years

7.2.3 Cardiology

7.2.3.1 Rising Research Into the Use of Cryotherapy and Growing Demand for Cvd Treatment Will Ensure Market Growth

7.2.4 Other Surgical Applications

7.3 Pain Management

7.3.1 Establishment of Cryotherapy Centres for Pain Management Will Contribute to Patient Demand

7.4 Recovery, Health, and Beauty Applications

7.4.1 Advantages of Cryotherapy have Resulted in Its Wide Adoption in These Fields

8 Cryotherapy Market, By End User

8.1 Introduction

8.2 Hospitals & Specialty Clinics

8.2.1 Hospitals & Specialty Clinics are the Major End Users of the Cryotherapy Market

8.3 Cryotherapy Centers

8.3.1 Cryotherapy Centers Offer Cryo Services to Enhance Wellness and Aid Recovery

8.4 Spas & Fitness Centers

8.4.1 Spas & Fitness Centers Offer Cryotherapy Services for Enhancing the Beauty and Overall Wellness of the Body

9 Cryotherapy Market, By Region

Companies Mentioned

  • 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

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press 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