Market revenue in 2023 | USD 0.7 million |
Market revenue in 2030 | USD 1.1 million |
Growth rate | 6.3% (CAGR from 2023 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 |
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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 57.14% in 2023. Horizon Databook has segmented the Saudi Arabia cryotherapy (cryosauna and cryochamber) market based on cryochambers, cryosaunas covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is a lucrative market for players owing to factors such as high disposable income and prevalence of wellness disorders. In 2021, the GDP per capita income in Saudi Arabia was USD 23,586. The country has a high prevalence of obesity.
According to the Global Obesity Observatory, in 2021, among adults, the percentage of obesity was about 20.5% and around 38.4% adults were overweight. Such factors support the market growth in the country. Key market players are undertaking strategic initiatives to expand their presence in the global market.
Recently, a Dubai-based cryotherapy firm—Cryo Holdings—announced that it is planning to expand its whole-body cryotherapy center in multiple new locations. This includes four centers in India and three centers in Saudi Arabia, with an investment of USD 7 million. Such strategic initiatives are expected to propel market growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia cryotherapy (cryosauna and cryochamber) market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia cryotherapy (cryosauna and cryochamber) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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