Argentina Cryotherapy Market Size & Outlook, 2023-2030
Argentina cryotherapy market, 2018-2030 (US$M)
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Argentina cryotherapy market highlights
- The Argentina cryotherapy market generated a revenue of USD 35.9 million in 2023 and is expected to reach USD 72.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 10.6% from 2024 to 2030.
- In terms of segment, cryosurgery was the largest revenue generating therapy type in 2023.
- Chamber therapy is the most lucrative therapy type segment registering the fastest growth during the forecast period.
Cryotherapy market data book summary
| Market revenue in 2023 | USD 35.9 million |
| Market revenue in 2030 | USD 72.8 million |
| Growth rate | 10.6% (CAGR from 2023 to 2030) |
| Largest segment | Cryosurgery |
| Fastest growing segment | Chamber therapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cryosurgery, Icepack therapy, Chamber therapy |
| Key market players worldwide | Metrum Cryoflex, Medtronic PLC, Brymill Cryogenic Systems, CryoConcepts, Cortex Technology, Wallach Surgical Devices, Zimmer Medizinsysteme |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.5% of the global cryotherapy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil cryotherapy market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 72.8 million by 2030.
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Cryotherapy Market Scope
Cryotherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 53.2% in 2023. Horizon Databook has segmented the Argentina cryotherapy market based on cryosurgery, icepack therapy, chamber therapy covering the revenue growth of each sub-segment from 2018 to 2030.
The cryotherapy market is in the early growth phase in Argentina. There is a major opportunity for market players to address the untapped market. In addition, the country's GDP per capita and disposable income are moderately high. In 2021, GDP per capita was around USD 10,729.
These factors support the affordability of such therapies among individuals in the region. Rise in the incidence of sports injury is another factor driving the cryotherapy market in the country.
According to an NCBI report, in the Youth Olympic Summer Games, Argentina, around 15.5 injuries per 100 athletes over 13 days were reported. This rise in the incidence of sports injuries creates an opportunity for pain management cryotherapy treatment in the country.
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Target buyers of Argentina 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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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina cryotherapy market , including forecasts for subscribers. This country databook contains high-level insights into Argentina cryotherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina cryotherapy market size, by therapy type, 2018-2030 (US$M)
Argentina Cryotherapy Market Outlook Share, 2023 & 2030 (US$M)
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