According to a recent research report titled ” Cryotherapy Market (By Therapy Type: Cryosurgery, Icepack Therapy, Chamber Therapy; By Device Type: Tissue Spray Probes, Gas Cylinders, Cryogun, Cryo Probes, Tissue Contact Probes Tissue Spray Probes, Gas Cylinders, Localized Cryotherapy Devices, Cryochambers; By Application: Surgical Applications, Cold Storage, Pain Management, Beauty & Wellness Fitness; By End-User; By Distribution Channel) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032″ published by Precedence Research, the global cryotherapy market size is projected to touch around USD 17.18 billion by 2032 and growing at a CAGR of 7.42% over the forecast period 2023 to 2032. This comprehensive study examines various factors and their impact on the growth of the CRYOTHERAPY market.
Key Takeaways:
- North America captured more than 44% of revenue share in 2022.
- By therapy type, the cryosurgery segment shows notable growth in the cryotherapy market during the forecast period.
- By device type, the cryochamber segment is expected to grow at a significant rate during the forecast period.
- By end-user, the hospitals & specialty clinics segment is expected to share the maximum CAGR during the projection period.
- By distribution channel, the hospital pharmacy segment dominated the global market.
The report primarily focuses on the volume and value of the CRYOTHERAPY market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.
Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.
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The research also highlights significant progressions in both organic and inorganic growth strategies within the global cryotherapy market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the cryotherapy market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.
Report Scope of the Cryotherapy Market:
| Report Coverage | Details |
| Market Size in 2023 | USD 9.02 Billion |
| Market Size by 2032 | USD 17.18 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 7.42% |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Therapy Type, By Device Type, By Application, By End-User, and By Distribution Channel |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
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Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Market Key Players
The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the cryotherapy market.
Some of the prominent players in the cryotherapy market include
- Brymill Cryogenic Systems
- Metrum Cryoflex
- Medtronic Medicale S.r.l.
- Cryoalfa
- Wallach Surgical Devices
- Zimmer M CryoConcepts LP
- Medtronic
- Cortex Technology
- edizinSysteme GmbH
- CryoConcepts LP
- Medtronic
- Cortex Technology
Market Segmentations
By Therapy Type
- Cryosurgery
- Icepack Therapy
- Chamber Therapy
By Device Type
- Tissue Spray Probes
- Gas Cylinders
- Cryogun
- Cryo Probes
- Tissue Contact Probes
- Tissue Spray Probes
- Gas Cylinders
- Localized Cryotherapy Devices
- Cryochambers
By Application
- Surgical Applications
- Oncology
- Cardiology
- Dermatology
- Cold Storage
- Pain Management
- Beauty & Wellness
- Fitness
By End-User
- Hospitals & Specialty Clinics
- Cryotherapy Centers
- Spas & Fitness Centers
By Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Why should you invest in this report?
This report presents a compelling investment opportunity for those interested in the global cryotherapy market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for cryotherapy. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.
Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.
Some of the key questions answered in this report:
- What is the size of the overall Cryotherapy market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities and challenges of the Cryotherapy market and how they are expected to impact the market?
- What are the attractive investment opportunities within the Cryotherapy market?
- What is the Cryotherapy market size at the regional and country-level?
- Who are the key market players and their key competitors?
- What are the strategies for growth adopted by the key players in Cryotherapy market?
- What are the recent trends in Cryotherapy market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Cryotherapy market growth?
- What are the key market trends impacting the growth of Cryotherapy market?
Table of Content:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Cryotherapy Market
5.1. COVID-19 Landscape: Cryotherapy Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Cryotherapy Market, By Therapy Type
8.1. Cryotherapy Market, by Therapy Type, 2023-2032
8.1.1. Cryosurgery
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Icepack Therapy
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Chamber Therapy
8.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Cryotherapy Market, By Device Type
9.1. Cryotherapy Market, by Device Type, 2023-2032
9.1.1. Tissue Spray Probes
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Gas Cylinders
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Cryogun
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Cryo Probes
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Tissue Contact Probes
9.1.5.1. Market Revenue and Forecast (2020-2032)
9.1.6. Tissue Spray Probes
9.1.6.1. Market Revenue and Forecast (2020-2032)
9.1.7. Gas Cylinders
9.1.7.1. Market Revenue and Forecast (2020-2032)
9.1.8. Localized Cryotherapy Devices
9.1.8.1. Market Revenue and Forecast (2020-2032)
9.1.9. Cryochambers
9.1.9.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Cryotherapy Market, By Application
10.1. Cryotherapy Market, by Application, 2023-2032
10.1.1. Surgical Applications
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Cold Storage
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Pain Management
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Beauty & Wellness
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Fitness
10.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Cryotherapy Market, By End-User
11.1. Cryotherapy Market, by End-User, 2023-2032
11.1.1. Hospitals & Specialty Clinics
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Cryotherapy Centers
11.1.2.1. Market Revenue and Forecast (2020-2032)
11.1.3. Spas & Fitness Centers
11.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Cryotherapy Market, By Distribution Channel
12.1. Cryotherapy Market, by Distribution Channel, 2023-2032
12.1.1. Hospital Pharmacy
12.1.1.1. Market Revenue and Forecast (2020-2032)
12.1.2. Retail Pharmacy
12.1.2.1. Market Revenue and Forecast (2020-2032)
12.1.3. Online Pharmacy
12.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 13. Global Cryotherapy Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.1.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.1.3. Market Revenue and Forecast, by Application (2020-2032)
13.1.4. Market Revenue and Forecast, by End-User (2020-2032)
13.1.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.1.6.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.1.6.3. Market Revenue and Forecast, by Application (2020-2032)
13.1.6.4. Market Revenue and Forecast, by End-User (2020-2032)
13.1.6.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.1.7. Rest of North America
13.1.7.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.1.7.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.1.7.3. Market Revenue and Forecast, by Application (2020-2032)
13.1.7.4. Market Revenue and Forecast, by End-User (2020-2032)
13.1.7.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.2.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.2.3. Market Revenue and Forecast, by Application (2020-2032)
13.2.4. Market Revenue and Forecast, by End-User (2020-2032)
13.2.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.2.6.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.2.6.3. Market Revenue and Forecast, by Application (2020-2032)
13.2.7. Market Revenue and Forecast, by End-User (2020-2032)
13.2.8. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.2.9.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.2.9.3. Market Revenue and Forecast, by Application (2020-2032)
13.2.10. Market Revenue and Forecast, by End-User (2020-2032)
13.2.11. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.2.12.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.2.12.3. Market Revenue and Forecast, by Application (2020-2032)
13.2.12.4. Market Revenue and Forecast, by End-User (2020-2032)
13.2.13. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.2.14.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.2.14.3. Market Revenue and Forecast, by Application (2020-2032)
13.2.14.4. Market Revenue and Forecast, by End-User (2020-2032)
13.2.15. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.3.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.3.3. Market Revenue and Forecast, by Application (2020-2032)
13.3.4. Market Revenue and Forecast, by End-User (2020-2032)
13.3.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.3.6.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.3.6.3. Market Revenue and Forecast, by Application (2020-2032)
13.3.6.4. Market Revenue and Forecast, by End-User (2020-2032)
13.3.7. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.3.8.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.3.8.3. Market Revenue and Forecast, by Application (2020-2032)
13.3.8.4. Market Revenue and Forecast, by End-User (2020-2032)
13.3.9. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.3.10.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.3.10.3. Market Revenue and Forecast, by Application (2020-2032)
13.3.10.4. Market Revenue and Forecast, by End-User (2020-2032)
13.3.10.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.3.11.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.3.11.3. Market Revenue and Forecast, by Application (2020-2032)
13.3.11.4. Market Revenue and Forecast, by End-User (2020-2032)
13.3.11.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.4.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.4.3. Market Revenue and Forecast, by Application (2020-2032)
13.4.4. Market Revenue and Forecast, by End-User (2020-2032)
13.4.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.4.6.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.4.6.3. Market Revenue and Forecast, by Application (2020-2032)
13.4.6.4. Market Revenue and Forecast, by End-User (2020-2032)
13.4.7. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.4.8.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.4.8.3. Market Revenue and Forecast, by Application (2020-2032)
13.4.8.4. Market Revenue and Forecast, by End-User (2020-2032)
13.4.9. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.4.10.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.4.10.3. Market Revenue and Forecast, by Application (2020-2032)
13.4.10.4. Market Revenue and Forecast, by End-User (2020-2032)
13.4.10.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.4.11.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.4.11.3. Market Revenue and Forecast, by Application (2020-2032)
13.4.11.4. Market Revenue and Forecast, by End-User (2020-2032)
13.4.11.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.5.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.5.3. Market Revenue and Forecast, by Application (2020-2032)
13.5.4. Market Revenue and Forecast, by End-User (2020-2032)
13.5.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.5.6.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.5.6.3. Market Revenue and Forecast, by Application (2020-2032)
13.5.6.4. Market Revenue and Forecast, by End-User (2020-2032)
13.5.7. Market Revenue and Forecast, by Distribution Channel (2020-2032)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Therapy Type (2020-2032)
13.5.8.2. Market Revenue and Forecast, by Device Type (2020-2032)
13.5.8.3. Market Revenue and Forecast, by Application (2020-2032)
13.5.8.4. Market Revenue and Forecast, by End-User (2020-2032)
13.5.8.5. Market Revenue and Forecast, by Distribution Channel (2020-2032)
Chapter 14. Company Profiles
14.1. Brymill Cryogenic Systems
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Metrum Cryoflex
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Medtronic Medicale S.r.l.
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Cryoalfa
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Wallach Surgical Devices
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Zimmer M CryoConcepts LP
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Medtronic
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Cortex Technology
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. edizinSysteme GmbH
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. CryoConcepts LP
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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