Asia Pacific Cryotherapy Market Size & Outlook, 2023-2030
Asia Pacific cryotherapy market, 2018-2030 (US$M)
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Asia Pacific cryotherapy market highlights
- The Asia Pacific cryotherapy market generated a revenue of USD 1,395.4 million in 2023.
- The market is expected to grow at a CAGR of 9.7% 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.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,395.4 million |
| Market revenue in 2030 | USD 2,675.7 million |
| Growth rate | 9.7% (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 |
| 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, Asia Pacific region accounted for 18.7% of the global cryotherapy market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,675.7 million by 2030.
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Cryotherapy Market Scope
Cryotherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 Asia Pacific cryotherapy market based on cryosurgery, icepack therapy, chamber therapy covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific market includes Japan, China, India, and other Asian countries. It is expected to exhibit a high growth rate due to the presence of untapped opportunities. The overall market is majorly driven by countries such as Japan and India.
This can be attributed to high awareness of antiaging treatments, easy availability of high-quality services, and increasing prevalence of cosmetic treatments in these countries. Furthermore, the demand for cryotherapy in China and India is expected to be driven by a large client pool and growing interest in esthetic treatments.
These treatments are being performed in beauty clinics and spas, mainly in urban areas of both countries. India, Thailand, and Indonesia are key emerging economies in the Asia-Pacific market. The presence of various large and small players and the strengthening presence of global players are factors anticipated to boost the cryotherapy market in Asia Pacific.
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Target buyers of Asia Pacific 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 continent-level data and insights on the Asia Pacific cryotherapy market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cryotherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific cryotherapy market size, by country, 2018-2030 (US$M)
Asia Pacific Cryotherapy Market Outlook Share, 2023 & 2030 (US$M)
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