Global Cryotherapy Market By Product Type (Cryosurgery Devices (Tissue Contact Probes, Tissue Spray Probes, Epidermal and Subcutaneous Cryoablation Devices), Localized Cryotherapy Devices Cryochambers & Cryosaunas), By Application (Cardiology, Dermatology, Oncology, Pain Management, Recovery, Health, and Beauty), By End User (Hospitals & Specialty Clinics, Cryotherapy Centers, Others), and Geography

 

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cryotherapy market owing to rising prevalence of cancer and increasing incidence of skin disorders and is also an alternative to minimally invasive surgical treatments and radiation treatment for the prostate cancer treatment are expected to drive the growth of the market. Moreover, growing popularity in the beauty, wellness and fitness industries and advancements in technology and favorable reimbursement policies fuels the growth of the market. However, hazardous effects of cryogenic gases and lack of evidence to support the claims of whole body cryotherapy are expected to hamper the growth of the market. Global cryotherapy market is surging owing to increased approvals and strategic collaborations among the market players to strengthen their position different regions of the globe. For instance, in June 2017, Channel Medsystems received CE Mark Approval for the Cerene Cryotherapy Device for endometrial ablation procedures.

 

Global Cryotherapy Market Summary

Study Period

2023-29

Base Year

2022

CAGR

X%

Largest Market

North America

Fastest Growing Market

Asia-Pacific
Growth

In 2018, the cancer burden across the globe is estimated to have risen to 18.1 Mn new cases and 9.6 Mn deaths. Almost 1 in 5 men and one in 6 women develop cancer worldwide during their lifetime. Cryosurgery is a proven minimally invasive alternative to surgical treatments and radiation treatment for the prostate cancer treatment. The increasing application of cryosurgery in oncology and advancements in technology for cryotherapy equipment and growing preference towards minimally invasive techniques enhances the growth of the market over the forecast years.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2016 to 2021) and forecast (2022 to 2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Global Cryotherapy Market Segmentation

Product Type
  • Cryosurgery Devices
  • Tissue Contact Probes
  • Tissue Spray Probes
  • Epidermal and Subcutaneous Cryoablation Devices
  • Localized Cryotherapy Devices
  • Cryochambers & Cryosaunas
Application Area
  • Surgical Applications
  • Oncology
  • Cardiology
  • Dermatology
  • Other Surgical Applications
  • Pain Management
  • Recovery, Health, and Beauty
End User
  • Hospitals & Specialty Clinics
  • Cryotherapy Centers
  • Others
Geography
North America
  • US
  • Canada
Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe
Asia-Pacific
  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific
Latin America
  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America
Middle East and Africa (MEA)
  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA
LOCATION

Geography

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

1. Executive Summary 2. Global Cryotherapy Market Introduction 2.1. Global Cryotherapy Market – Taxonomy 2.2. Global Cryotherapy Market –Definitions 2.2.1. By Product Type 2.2.2. By Application Area 2.2.3. By End User 3. Global Cryotherapy Market Dynamics 3.1. Drivers 3.2. Restraints 3.3. Opportunities/Unmet Needs of the Market 3.4. Trends 3.5. Global Cryotherapy Market Dynamics – Factors Impact Analysis 4. Global Cryotherapy Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 4.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) 4.3. Market Opportunity Analysis 5. Global Cryotherapy Market Forecast, By Product Type, 2015 - 2019 and Forecast, 2020 - 2026 5.1. Cryosurgery Devices 5.1.1. Tissue Contact Probes 5.1.1.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.1.1.3. Market Opportunity Analysis 5.1.2. Tissue Spray Probes 5.1.2.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.1.2.3. Market Opportunity Analysis 5.1.3. Epidermal and Subcutaneous Cryoablation Devices 5.1.3.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.1.3.3. Market Opportunity Analysis 5.2. Localized Cryotherapy Devices 5.2.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.2.3. Market Opportunity Analysis 5.3. Cryochambers & Cryosaunas 5.3.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.3.3. Market Opportunity Analysis 6. Global Cryotherapy Market Forecast, By Application Area, 2015 - 2019 and Forecast, 2020 - 2026 6.1. Surgical Applications 6.1.1. Oncology 6.1.1.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 6.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 6.1.1.3. Market Opportunity Analysis 6.1.2. Cardiology 6.1.2.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 6.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 6.1.2.3. Market Opportunity Analysis 6.1.3. Dermatology 6.1.3.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 6.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 6.1.3.3. Market Opportunity Analysis 6.1.4. Other Surgical Applications 6.1.4.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 6.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 6.1.4.3. Market Opportunity Analysis 6.2. Pain Management 6.2.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 6.2.3. Market Opportunity Analysis 6.3. Recovery, Health, and Beauty 6.3.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 6.3.3. Market Opportunity Analysis 7. Global Cryotherapy Market Forecast, By End User, 2015 - 2019 and Forecast, 2020 - 2026 7.1. Hospitals & Specialty Clinics 7.1.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 7.1.3. Market Opportunity Analysis 7.2. Cryotherapy Centers 7.2.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 7.2.3. Market Opportunity Analysis 7.3. Others 7.3.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 7.3.3. Market Opportunity Analysis 8. Global Cryotherapy Market Forecast, By Region, 2015 - 2019 and Forecast, 2020 - 2026 8.1. North America 8.1.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 8.1.3. Market Opportunity Analysis 8.2. Europe 8.2.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 8.2.3. Market Opportunity Analysis 8.3. Asia Pacific 8.3.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 8.3.3. Market Opportunity Analysis 8.4. Latin America 8.4.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 8.4.3. Market Opportunity Analysis 8.5. The Middle East & Africa 8.5.1. Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 (Revenue, USD Mn) 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 8.5.3. Market Opportunity Analysis 8.6. Global Cryotherapy Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Region, 2020 - 2026 9. North America Cryotherapy Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 9.1. Product Type Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 9.1.1. Cryosurgery Devices 9.1.1.1. Tissue Contact Probes 9.1.1.2. Tissue Spray Probes 9.1.1.3. Epidermal and Subcutaneous Cryoablation Devices 9.1.2. Localized Cryotherapy Devices 9.1.3. Cryochambers & Cryosaunas 9.2. Application Area Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 9.2.1. Surgical Applications 9.2.1.1. Oncology 9.2.1.2. Cardiology 9.2.1.3. Dermatology 9.2.1.4. Other Surgical Applications 9.2.2. Pain Management 9.2.3. Recovery, Health, & Beauty 9.3. End User Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 9.3.1. Hospitals & Specialty Clinics 9.3.2. Cryotherapy Centers 9.3.3. Others 9.4. Country Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) 9.4.1. U.S. 9.4.2. Canada 9.5. North America Cryotherapy Market - Opportunity Analysis Index, By Product Type, By Application Area, By End User, and Country, 2020 - 2026 9.6. North America Cryotherapy Market Dynamics – Trends 10. Europe Cryotherapy Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 10.1. Product Type Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 10.1.1. Cryosurgery Devices 10.1.1.1. Tissue Contact Probes 10.1.1.2. Tissue Spray Probes 10.1.1.3. Epidermal and Subcutaneous Cryoablation Devices 10.1.2. Localized Cryotherapy Devices 10.1.3. Cryochambers & Cryosaunas 10.2. Application Area Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 10.2.1. Surgical Applications 10.2.1.1. Oncology 10.2.1.2. Cardiology 10.2.1.3. Dermatology 10.2.1.4. Other Surgical Applications 10.2.2. Pain Management 10.2.3. Recovery, Health, & Beauty 10.3. End User Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 10.3.1. Hospitals & Specialty Clinics 10.3.2. Cryotherapy Centers 10.3.3. Others 10.4. Country Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) 10.4.1. U.K. 10.4.2. Germany 10.4.3. France 10.4.4. Italy 10.4.5. Spain 10.4.6. Russia 10.4.7. Rest of Europe 10.5. Europe Cryotherapy Market - Opportunity Analysis Index, By Product Type, By Application Area, By End User, and Country, 2020 - 2026 10.6. Europe Cryotherapy Market Dynamics – Trends 11. Asia Pacific Cryotherapy Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 11.1. Product Type Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 11.1.1. Cryosurgery Devices 11.1.1.1. Tissue Contact Probes 11.1.1.2. Tissue Spray Probes 11.1.1.3. Epidermal and Subcutaneous Cryoablation Devices 11.1.2. Localized Cryotherapy Devices 11.1.3. Cryochambers & Cryosaunas 11.2. Application Area Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 11.2.1. Surgical Applications 11.2.1.1. Oncology 11.2.1.2. Cardiology 11.2.1.3. Dermatology 11.2.1.4. Other Surgical Applications 11.2.2. Pain Management 11.2.3. Recovery, Health, & Beauty 11.3. End User Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 11.3.1. Hospitals & Specialty Clinics 11.3.2. Cryotherapy Centers 11.3.3. Others 11.4. Country Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) 11.4.1. China 11.4.2. Japan 11.4.3. India 11.4.4. ASEAN Counties 11.4.5. Philippines 11.4.6. Rest of Asia Pacific 11.5. Asia Pacific Cryotherapy Market - Opportunity Analysis Index, By Product Type, By Application Area, By End User, and Country, 2020 - 2026 11.6. Asia Pacific Cryotherapy Market Dynamics – Trends 12. Latin America Cryotherapy Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 12.1. Product Type Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 12.1.1. Cryosurgery Devices 12.1.1.1. Tissue Contact Probes 12.1.1.2. Tissue Spray Probes 12.1.1.3. Epidermal and Subcutaneous Cryoablation Devices 12.1.2. Localized Cryotherapy Devices 12.1.3. Cryochambers & Cryosaunas 12.2. Application Area Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 12.2.1. Surgical Applications 12.2.1.1. Oncology 12.2.1.2. Cardiology 12.2.1.3. Dermatology 12.2.1.4. Other Surgical Applications 12.2.2. Pain Management 12.2.3. Recovery, Health, & Beauty 12.3. End User Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 12.3.1. Hospitals & Specialty Clinics 12.3.2. Cryotherapy Centers 12.3.3. Others 12.4. Country Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) 12.4.1. Mexico 12.4.2. Brazil 12.4.3. Argentina 12.4.4. Chile 12.4.5. Rest of Latin America 12.5. Latin America Cryotherapy Market - Opportunity Analysis Index, By Product Type, By Application Area, By End User, and Country, 2020 - 2026 12.6. Latin America Cryotherapy Market Dynamics – Trends 13. Middle East and Africa Cryotherapy Market Analysis, 2015 - 2019 and Forecast, 2020 - 2026 13.1. Product Type Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 13.1.1. Cryosurgery Devices 13.1.1.1. Tissue Contact Probes 13.1.1.2. Tissue Spray Probes 13.1.1.3. Epidermal and Subcutaneous Cryoablation Devices 13.1.2. Localized Cryotherapy Devices 13.1.3. Cryochambers & Cryosaunas 13.2. Application Area Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 13.2.1. Surgical Applications 13.2.1.1. Oncology 13.2.1.2. Cardiology 13.2.1.3. Dermatology 13.2.1.4. Other Surgical Applications 13.2.2. Pain Management 13.2.3. Recovery, Health, & Beauty 13.3. End User Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) 13.3.1. Hospitals & Specialty Clinics 13.3.2. Cryotherapy Centers 13.3.3. Others 13.4. Country Analysis (2015 - 2019) and Forecast (2020 - 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) 13.4.1. GCC Countries 13.4.2. South Africa 13.4.3. Saudi Arabia 13.4.4. Turkey 13.4.5. Rest of MEA 13.5. Middle East and Africa Cryotherapy Market - Opportunity Analysis Index, By Product Type, By Application Area, By End User, and Country, 2020 - 2026 13.6. Middle East and Africa Cryotherapy Market Dynamics – Trends 14. Competition Landscape 14.1. Strategic Dashboard of Top Market Players 14.2. Company Profiles (Introduction, Financial Analysis, Key Developments, Strategies, and SWOT Analysis) 14.2.1. CryoConcepts LP 14.2.2. Medtronic 14.2.3. Impact Cryotherapy 14.2.4. Zimmer MedizinSystems 14.2.5. Metrum Cryoflex 14.2.6. Brymill Cryogenic Systems 14.2.7. Cooper Surgical 14.2.8. Galil Medical, Inc. 14.2.9. Erbe Elektromedizin GmbH 14.2.10. Wallach Surgical Devices 15. Research Methodology 16. Key Assumptions and Acronyms

Competition Assessment

Key player’s profiles in the global cryotherapy market include:
  • CryoConcepts LP
  • Medtronic
  • Impact Cryotherapy
  • Zimmer MedizinSystems
  • Metrum Cryoflex
  • Brymill Cryogenic Systems
  • Cooper Surgical
  • Galil Medical, Inc.
  • Erbe Elektromedizin GmbH
  • Wallach Surgical Devices