The Global Cryotherapy Market report offers in-depth knowledge and insights into the Cryotherapy Market regarding market size, market share, factors influencing growth, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the Global Cryotherapy Market validated and verified by industry experts and professionals. The global cryotherapy market report contains historic, current, and forecast revenue generation and profit estimates for each segment and sub-segment of the cryotherapy market in each key region of the world. The report further sheds light on the emerging growth opportunities in the field of business that are expected to support the growth of the market.
Rapid technological advancements in cryotherapy devices and increasing use of cryotherapy to treat skin problems are key factors driving the market revenue growth
Cryotherapy Market Size – USD 214.9 Million in 2020, Market Growth – at a CAGR of 8.5%, Market Trends – Rising Use of Cryotherapy for the Treatment of Mood Disorders
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COVID-19 impact analysis:
This report is the latest document encompassing the massive changes that have taken place in the cryotherapy market following the emergence of the COVID-19 pandemic. Pandemic has drastically affected the global economic landscape, thereby disrupting the working mechanism of Cryotherapy market. The severe global crisis has prompted organizations to respond effectively to the rapidly changing business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with particular focus on the relevant industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future assessment of the impact of the pandemic on the cryotherapy industry. Therefore, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively under extreme economic uncertainties.
However, cryotherapy is not widely available in developing and underdeveloped countries, which is expected to hamper the growth of the global cryotherapy market to some extent during the forecast period. Cryotherapy is not widely available in some developing countries and in all underdeveloped countries. Additionally, lack of cryotherapy awareness and concerns about cryotherapy side effects are factors that are expected to restrain the market revenue growth between 2021 and 2028.
Rapid technological advancements in cryotherapy devices and increasing use of cryotherapy to treat skin problems are key factors driving the revenue growth of the global cryotherapy market. The growing use of cryotherapy for the treatment of mood disorders is also expected to significantly boost the market revenue growth. Whole body cryotherapy involves the use of ultra-cold temperatures which can induce physiological hormonal responses and cause the release of adrenaline, norepinephrine and endorphins
The pain management segment is expected to register a stable and significant revenue growth rate during the forecast period due to the increasing prevalence of joint and muscle pain in the elderly as well as the launch of advanced cryotherapy solutions for pain management.
The North America market is expected to register a significantly faster revenue CAGR than other regional markets owing to the rapid development of healthcare infrastructure and rising prevalence of skin cancer in countries across the region.
Some major companies included in the global market report are Medtronic plc, CryoConcepts LP, Cortex Technology ApS, CooperSurgical, Inc., Mectronic Medicale Srl, Kriosystem-Care Sp. z oo, Metrum Cryoflex Sp. z oo, Erbe USA, Incorporated , Brymill Cryogenic Systems and Zimmer MedizinSysteme GmbH
In November 2021, Medtronic Private Limited, which is a wholly owned subsidiary of Medtronic plc, announced the introduction of the Arctic Forward Cardiac Cryoablation Catheter System, India’s first ever cryoballoon catheter approved by the Central Drugs Standard Control Organization (CDSCO ) for the treatment of atrial fibrillation (AF).
Presentation of the report
1.1 Scope of research
1.2 Key Segments of the Cryotherapy Market
1.3 Main actors
1.4 Market Analysis by Product
1.5 Market Analysis by Application
1.6 Chronology of the report
Global Growth Trends
2.1 Global Cryotherapy Market Size
2.2 Latest Cryotherapy Market Trends
2.3 Key Growth Trends
3.1 Global Cryotherapy Market Key Players
3.2 Global Cryotherapy Size by Manufacturers
3.3 Major Players Products
3.4 Barriers to Entry into the Cryotherapy Market
3.5 Mergers, acquisitions, joint ventures and strategic alliances
Learn more: https://www.emergenresearch.com/industry-report/cryotherapy-market
Emergen Research has segmented the global cryotherapy market based on product, therapy, application, end-use, and region:
Product Outlook (Revenue, USD Million; 2018-2028)
- Localized cryotherapy devices
- Cryosurgery devices
- Tissue spray probes
- Tissue contact probes
- Epidermal and subcutaneous cryoablation devices
- Cryochambers & Cryosaunas
- gas cylinders
Therapeutic Outlook (Revenue, USD Million; 2018-2028)
- Ice pack therapy
- Room therapy
Application Outlook (Revenue, USD Million; 2018-2028)
- pain management
- Health beauty
End-Use Outlook (Revenue, USD Million; 2018-2028)
- Hospitals & Clinics
- Spas and fitness centers
- Cryotherapy centers
Key questions addressed in the report:
What are the key factors driving the global cryotherapy market?
Who are the major manufacturers in this market space?
Who are the distributors, traders and resellers in this market?
What are the market opportunities and risks affecting vendor performance in the global Cryotherapy market?
What are the sales and revenue estimates of the major manufacturers in this market over the forecast period?
Elucidate the competitive landscape of the Global cryotherapy market:
The global Cryotherapy market report offers viable insights into the competitive spectrum of the Cryotherapy business sphere.
The report systematically presents the company information of each market player.
It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.
The study presents the extensive product portfolios of the major competitors in the market.
It offers critical data and insights into the product scope and end-user landscape.
The study provides important insights into the pricing models of the products offered by these companies. Additionally, it determines the gross profits and losses they have incurred throughout their tenures in the market.
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