Global Cryotherapy Market Size & Outlook, 2023-2030
Global cryotherapy market, 2018-2030 (US$M)
Related Markets
Global cryotherapy market highlights
- The global cryotherapy market generated a revenue of USD 7,449.6 million in 2023 and is expected to reach USD 11,992.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7% by 2030.
- In terms of segment, cryosurgery accounted for a revenue of USD 3,844.8 million in 2023.
- Chamber therapy is the most lucrative therapy type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Switzerland is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 7,449.6 million |
| Market revenue in 2030 | USD 11,992.9 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Cryosurgery |
| Fastest growing segment | Chamber therapy |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cryosurgery, Icepack therapy, Chamber therapy |
Other key industry trends
- In terms of revenue, the North America accounted for 42.6% of the global cryotherapy market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Switzerland is the fastest growing regional market and is projected to reach USD 145.2 million by 2030.
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Cryotherapy Market Scope
Cryotherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cryotherapy 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 market will help companies and investors design strategic landscapes.
Cryosurgery was the largest segment with a revenue share of 51.61% in 2023. Horizon Databook has segmented the Global cryotherapy market based on cryosurgery, icepack therapy, chamber therapy covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cryotherapy Therapy Type Outlook (Revenue, USD Million, 2018-2030)
- Cryosurgery
- Icepack therapy
- Chamber therapy
- Global Cryotherapy Device Type Outlook (Revenue, USD Million, 2018-2030)
- Cryogun
- Cryo probe
- Gas cylinder
- Cryo chamber
- Localized Cryotherapy Devices
- Other devices
- Global Cryotherapy Application Outlook (Revenue, USD Million, 2018-2030)
- Oncology
- Cardiology
- Ophthalmology
- Gynecology
- Pain management
- Beauty and Wellness
- Fitness
- Cold Storage
- Other applications
- Dermatology
- Global Cryotherapy End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Speciality Clinics
- Cryotherapy Centers
- Spa & Fitness Centers
- Others
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Target buyers of Global cryotherapy market databook
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Our clientele includes a mix of cryotherapy market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global cryotherapy market , including forecasts for subscribers. This global databook contains high-level insights into Global cryotherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global cryotherapy market size, by regions, 2018-2030 (US$M)
Top 10 countries: Cryotherapy market size, 2023 (US$M)
Global cryotherapy market share, by therapy type, 2023 & 2030 (%, US$M)
Cryotherapy market: Opportunity assessment by country
Global cryotherapy market, by region, 2023 (US$M)
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Related regional statistics
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