Brazil Cryotherapy Market Size & Outlook, 2023-2030

The cryotherapy market in Brazil is expected to reach a projected revenue of US$ 186.6 million by 2030. A compound annual growth rate of 8.4% is expected of Brazil cryotherapy market from 2024 to 2030.
Revenue, 2023 (US$M)
$106.1
Forecast, 2030 (US$M)
$186.6
CAGR, 2024 - 2030
8.4%
Report Coverage
Brazil

Brazil cryotherapy market highlights

  • The Brazil cryotherapy market generated a revenue of USD 106.1 million in 2023 and is expected to reach USD 186.6 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 8.4% 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 2023USD 106.1 million
Market revenue in 2030USD 186.6 million
Growth rate8.4% (CAGR from 2023 to 2030)
Largest segmentCryosurgery
Fastest growing segmentChamber therapy
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCryosurgery, Icepack therapy, Chamber therapy
Key market players worldwideMetrum Cryoflex, Medtronic PLC, Brymill Cryogenic Systems, CryoConcepts, Cortex Technology, Wallach Surgical Devices, Zimmer Medizinsysteme


Other key industry trends

  • In terms of revenue, Brazil accounted for 1.4% 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 Companies

Name Profile # Employees HQ Website

Brazil 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 53.16% in 2023. Horizon Databook has segmented the Brazil cryotherapy market based on cryosurgery, icepack therapy, chamber therapy covering the revenue growth of each sub-segment from 2018 to 2030.


Brazil’s cryotherapy market is anticipated to witness significant growth over the forecast period owing to factors such as new product launches for athletes and local research initiatives that support the clinical effectiveness of cryotherapy. 

In February 2020, a study was conducted to determine the effects of immersion cryotherapy on muscle strength, according to the Brazilian Journal of Exercise Physiology. The outcomes demonstrated that the method is more effective in recovering isometric strength than active rest. 

Immersion cryotherapy should only be used sparingly to speed up recovery during brief intervals, as it may not improve the athlete's performance. Key players are engaged in introducing their product offerings in the market to strengthen their geographical footprints in developing economies.

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Target buyers of Brazil cryotherapy market databook

  • Our clientele includes a mix of cryotherapy market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 Brazil cryotherapy market , including forecasts for subscribers. This country databook contains high-level insights into Brazil cryotherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil cryotherapy market size, by therapy type, 2018-2030 (US$M)

Brazil Cryotherapy Market Outlook Share, 2023 & 2030 (US$M)

Brazil cryotherapy market size, by therapy type, 2018-2030 (US$M)

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