Global cryotherapy market size reached USD 214.9 Million in 2020 and is expected to register a revenue CAGR of 8.5%, during the forecast period, according to latest analysis by Emergen Research. Rapid technological advancements in cryotherapy devices and increasing use of cryotherapy to treat skin problems are some key factors driving global cryotherapy market revenue growth.
Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Cryotherapy business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Cryotherapy market growth assessed on both regional and global levels.
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Cryochambers and cryosaunas segment revenue is expected to expand at significantly steady CAGR during the forecast period. Growing demand for cryochambers in sports training centers, spas, and beauty parlors is expected to drive revenue growth of the segment.
Pain management segment is expected to register significantly steady revenue growth rate over the forecast period because of rising prevalence of joint and muscular pain among members of the elderly population as well as launch of advanced cryotherapy solutions for pain management.
Some major companies included in the global market 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
Global Cryotherapy Market – Overview:
The latest market intelligence report, titled ‘Global Cryotherapy Market’, is intended to provide the target audience with the necessary information about the global Cryotherapy industry. The report comprises a detailed analysis of the vital elements of the Cryotherapy market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects.Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Cryotherapy market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
Emergen Research has segmented the global cryotherapy market on the basis of product, therapy, application, end-use, and region:
Product Outlook (Revenue, USD Million; 2018–2028)
- Localized Cryotherapy Devices
- Cryosurgery Devices
- Cryogun
- Tissue Spray Probes
- Tissue Contact Probes
- Epidermal Subcutaneous Cryoablation Devices
- Cryochambers Cryosaunas
- Gas Cylinders
- Others
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Therapy Outlook (Revenue, USD Million; 2018–2028)
- Icepack Therapy
- Cryosurgery
- Chamber Therapy
Application Outlook (Revenue, USD Million; 2018–2028)
- Pain Management
- Surgical
- Cardiology
- Oncology
- Dermatology
- Health Beauty
End-Use Outlook (Revenue, USD Million; 2018–2028)
- Hospitals Clinics
- Spas Fitness Centers
- Cryotherapy Centers
Exhaustive coverage of the COVID-19 impact on the Cryotherapy industry is a major attraction of the report. The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 preparedness. The market intelligence report takes a closer view of the global market share, estimated growth rate, future market trends, entry-level barriers, fundamental market drivers, restraints, challenges, and opportunities. The report clearly defines the Cryotherapy market position on a global level. The detailed insights into the market’s geographical spectrum offered by the report make it an excellent source of knowledge about the Cryotherapy industry.
Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Cryotherapy market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Cryotherapy market size
2.2 Latest Cryotherapy market trends
2.3 Key growth trends - Competitive Landscape
3.1 Global Cryotherapy market key players
3.2 Global Cryotherapy size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Cryotherapy market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Key geographical areas:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Cryotherapy market.
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
Read More: https://www.emergenresearch.com/industry-report/cryotherapy-market
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