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The growth of the global cryotherapy market is being driven by the rising prevalence of the rapidly advancing wellness sector across the globe. The market attained a value of about of around USD 276.89 million in 2023. The market value is anticipated to grow at a CAGR of 8.5% during the forecast period of 2024-2032 to attain a value of USD 577.00 million by 2032.
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Cryotherapy, also known as cold therapy, is a treatment which is used to remove or destroy tissues from your body that carry any infection or are impaired in any way. It can be used to cure numerous skin conditions and some cancers as well. Cancers like prostate and liver cancer are curable with the help of this therapy. It can cure tissues, both on the inside and outside of the body. This treatment is also known as cryoablation or cryosurgery.
This therapy is used in minimally invasive therapies and is usually performed without any open surgeries. Even the recovery from this therapy is quick. These therapies are usually painless. The cancers in which this therapy is mostly used include bone cancer, cervical cancer, liver cancer, and prostate cancer. This therapy can also cure or treat the precancerous cells in skin and cervix which can potentially convert into cancer.
The conditions other than cancers for which this therapy can be used include the following:
In this therapy, extreme cold is generated with the help of nitrogen or argon gas, which then targets the problematic cells or tissues. These problematic cells or tissues are killed by this procedure as they are frozen to death. The tissues that are frozen, kill the cells after they thaw. Similarly, tissues that were frozen inside the body gets dissolved, tissued frozen on the outside form a slough over the affected area which falls off later, as the affected area heals. This therapy can be performed in two ways, internal and external.
For the affected areas that are on the surface of skin, doctors may use cotton swabs or a spraying equipment, depending upon the need. For the areas underneath the skin, doctors use an equipment called Cryoprobe. This cryoprobe could be inserted into the skin during a surgery, and then the argon or nitrogen gas is passed through it and then the doctor targets the affected cell or tissue and eventually kill it by this procedure. There are times when more than a single cryoprobe is required to perform this treatment therapy. Doctors use ultrasounds and MRIs to take the cryoprobe to the exact spot so that the neighbouring healthy cells do not get affected by this cryotherapy. There are five types of cryotherapies that could be suitable for specific conditions a person is going through. The types are as follows:
Hence, consultation from a doctor is advisable prior to the cryotherapy session.
The market can be categorised on the basis of product, therapy type, application, end user, therapeutic market, and major regions.
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Market Breakup by Product
Market Breakup by Therapy Type
Cryotherapy Market Breakup by Application
Market Breakup by End User
Market Breakup by Region
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The market has been on a rise ever since the global healthcare and wellness sector has started to advance, and it is expected to keep rising in future as well. The healthcare and wellness sector has been introducing new techniques and technologies, in order to make their consumer’s lives easier.
Due to the increasing demand of this new therapy, businesses are exponentially growing. People are making a huge sum out of this business while helping other people to overcome their problems. Hence, some major suppliers of the equipment and machines that are used to setup a cryotherapy facility are playing a huge role in expanding the global market.
The report gives an in-depth analysis of the key players involved in the market. The companies included in the market are as follows:
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Therapy Type |
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| Breakup by Application |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The cryotherapy market attained a value of USD 276.89 million in 2023.
The cryotherapy market is expected to grow at a CAGR of 8.5% during the forecast period of 2024-2032 to attain a value of USD 577.00 million by 2032.
Cryotherapy is a treatment in which extreme cold is generated with the help of nitrogen gas, argon gas, or nitrous oxide to freeze the targeted tissues or cells in human body, which eventually leads to their death.
One cryotherapy session can cost anywhere from USD 60-USD 100 per session.
A person will normally recover within a week of taking the session but depending upon the body part or the age of the person it could take a bit longer.
The major regional markets include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The products in the market include tissue contact probe, tissue spray probe, epidermal and subcutaneous cryoablation, localized cryotherapy devices, and cryochambers and cryosaunas.
The therapy types include cryosurgery and chamber therapy.
Cryotherapy finds application in surgical application, pain management, recovery, health, and beauty applications.
The end-users of cryotherapy include hospitals and speciality clinics, cryotherapy centres, spas and fitness centres.
The key players in the market include Medtronic, Impact Cryotherapy, Zimmer, Medizinsysteme, Metrum Cryoflex, Brymill Cryogenic Systems, Galil Medical (A Subsidiary of BTG Plc), Cooper Surgical (A Subsidiary of Cooper Companies), Kriosystem Life, Kriosystem Life, US Cryotherapy, CryoConcepts LP, and Erbe Elektromedizin.
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Australia
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+61 448 06 17 27
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+91-858-608-1494
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United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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