China Cryotherapy (cryosauna And Cryochamber) Market Size & Outlook
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China cryotherapy (cryosauna and cryochamber) market highlights
- The China cryotherapy (cryosauna and cryochamber) market generated a revenue of USD 6.2 million in 2023 and is expected to reach USD 13.6 million by 2030.
- The China market is expected to grow at a CAGR of 12% from 2024 to 2030.
- In terms of segment, cryochambers was the largest revenue generating product in 2023.
- Cryosaunas is the most lucrative product segment registering the fastest growth during the forecast period.
Cryotherapy (cryosauna and cryochamber) market data book summary
| Market revenue in 2023 | USD 6.2 million |
| Market revenue in 2030 | USD 13.6 million |
| Growth rate | 12% (CAGR from 2024 to 2030) |
| Largest segment | Cryochambers |
| Fastest growing segment | Cryosaunas |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cryochambers, Cryosaunas |
| Key market players worldwide | Impact Cryotherapy, Mecotec, CRYO Holdings, Cryo Innovations, CryoBuilt, CRYONiQ LLC |
Other key industry trends
- In terms of revenue, China accounted for 3.1% of the global cryotherapy (cryosauna and cryochamber) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan cryotherapy (cryosauna and cryochamber) market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 13.6 million by 2030.
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Cryotherapy (Cryosauna and Cryochamber) Market Scope
Cryotherapy (Cryosauna and Cryochamber) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CRYONiQ LLC | View profile | 11-50 | Wilmington, Delaware, United States, North America | http://www.cryoniq.com |
| CryoBuilt | View profile | 11-50 | Sacramento, California, United States, North America | https://www.cryobuilt.com |
| Cryo Innovations | View profile | 11-50 | Newport Beach, California, United States, North America | https://www.cryoinnovations.com/ |
| CRYO Holdings | View profile | 11-50 | Dubai, Dubai, United Arab Emirates, Asia | http://cryo.com/ |
| Mecotec | View profile | 101-250 | Gembloux, Namur, Belgium, Europe | https://www.mecotec.be |
| Impact Cryotherapy | View profile | 11-50 | Atlanta, Georgia, United States, North America | https://www.impactcryo.com |
China cryotherapy (cryosauna and cryochamber) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cryotherapy (cryosauna and cryochamber) market will help companies and investors design strategic landscapes.
Cryochambers was the largest segment with a revenue share of 58.06% in 2023. Horizon Databook has segmented the China cryotherapy (cryosauna and cryochamber) market based on cryochambers, cryosaunas covering the revenue growth of each sub-segment from 2018 to 2030.
Compared to developed economies such as the U.S., where antiaging treatments are more popular, younger consumers account for the majority of the demand in China, owing to rising social media usage and a booming livestreaming economy, which have increased the desire to look young & attractive.
Rising disposable income in the country is expected to further improve market penetration. The per capita disposable income in China increased to USD 4,961 in 2020, more than double the number in 2010.
Meanwhile, China's significantly lower penetration rate highlights its tremendous growth potential. Thus, the growing demand for noninvasive esthetic procedures and increasing awareness about self-care & antiaging services are anticipated to drive China's cryotherapy market during the forecast period.
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Our clientele includes a mix of cryotherapy (cryosauna and cryochamber) market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China cryotherapy (cryosauna and cryochamber) market , including forecasts for subscribers. This country databook contains high-level insights into China cryotherapy (cryosauna and cryochamber) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China cryosauna and cryochamber market size, by product, 2018-2030 (US$M)
China Cryotherapy (Cryosauna and Cryochamber) Market Outlook Share, 2023 & 2030 (US$M)
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