The global cryotherapy market size was USD 6.34 Billion in 2021 and is expected to register a revenue CAGR of 8.37% during the forecast period, according to latest analysis by Emergen Research. Increasing use of cryotherapy for treatment of non-cancerous dermal conditions is a crucial factor driving market revenue growth.
The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Cryotherapy market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Cryotherapy market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Medtronic plc, CryoConcepts LP, Cortex Technology ApS, CooperSurgical, Inc., Mectronic Medicale S.r.l., Kriosystem-Care Sp. z o.o., Metrum Cryoflex Sp. z o.o., Erbe USA, Incorporated, Brymill Cryogenic Systems, and Zimmer MedizinSysteme GmbH
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Emergen Research has segmented the global cryotherapy market based on services, devices, application, end-use, and region:
Services Outlook (Revenue, USD Billion; 2019-2030)
- Whole Body Cryotherapy
- Ice Pack Therapy
- Cold Water Immersion
- Partial Body Cryotherapy
- Cryosurgery
Devices Outlook (Revenue, USD Billion; 2019-2030)
- Cryochamber
- Cryogun
- Cryoprobes
- Tissue Spray Probes
- Tissue Contact Probes
- Others
Application Outlook (Revenue, USD Billion; 2019-2030)
- Skin Tags, Warts, and Dark Spots
- Cancer
- Cervical
- Prostate
- Liver
- Bone
- Retinoblastoma
- Carcinoma
- Pre-Cancerous Moles
- Pain Management
- Rheumatoid Arthritis
- Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Hospitals
- Cryotherapy Clinics
- Spas and Fitness Centers
- Others
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Cryotherapy Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Cryotherapy Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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