Denmark Cryotherapy Market Size & Outlook, 2023-2030
Denmark cryotherapy market, 2018-2030 (US$M)
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Denmark cryotherapy market highlights
- The Denmark cryotherapy market generated a revenue of USD 94.0 million in 2023 and is expected to reach USD 141.1 million by 2030.
- The Denmark market is expected to grow at a CAGR of 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 94.0 million |
| Market revenue in 2030 | USD 141.1 million |
| Growth rate | 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, Denmark accounted for 1.3% 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 Europe, France cryotherapy market is projected to lead the regional market in terms of revenue in 2030.
- Norway is the fastest growing regional market in Europe and is projected to reach USD 60.0 million by 2030.
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Cryotherapy Market Scope
Cryotherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Denmark 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 53.19% in 2023. Horizon Databook has segmented the Denmark cryotherapy market based on cryosurgery, icepack therapy, chamber therapy covering the revenue growth of each sub-segment from 2018 to 2030.
Rise in cryogenic applications in various treatments, such as fat reduction & wellness treatments, and the active involvement of market players in the country are among the factors expected to drive market growth. Denmark has a high obesity rate; in 2021, 16.5% of adults were obese and 34% were overweight.
This creates a lucrative opportunity for cryoclinics for cryolipolysis procedures in the country. With technological advancements and rise in awareness, cryotherapy has become vital for pain management. It has various benefits over other pain management alternatives such as opioid-based drug therapies.
Thus, various facilities in the country offer cryotherapy. For instance, Cryo Centre Copenhagen provides dedicated cryotherapy-based pain treatment in the country. The center also offers unique solutions such as cryo-neurolysis, which has effective results in pain management. The Danish Health Authority approved all these cryotherapy-based pain management treatments in the country.
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Target buyers of Denmark 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 country-level data and insights on the Denmark cryotherapy market , including forecasts for subscribers. This country databook contains high-level insights into Denmark cryotherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark cryotherapy market size, by therapy type, 2018-2030 (US$M)
Denmark Cryotherapy Market Outlook Share, 2023 & 2030 (US$M)
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