Germany Cryotherapy Market Size & Outlook, 2023-2030
Germany cryotherapy market, 2018-2030 (US$M)
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Germany cryotherapy market highlights
- The Germany cryotherapy market generated a revenue of USD 324.9 million in 2023 and is expected to reach USD 480.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, icepack therapy 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 324.9 million |
| Market revenue in 2030 | USD 480.0 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Icepack therapy |
| 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, Germany accounted for 4.4% 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 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 |
|---|
Germany 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.
Icepack therapy was the largest segment with a revenue share of 65.74% in 2023. Horizon Databook has segmented the Germany cryotherapy market based on cryosurgery, icepack therapy, chamber therapy covering the revenue growth of each sub-segment from 2018 to 2030.
A rapidly aging population, growing incidence of obesity, increasing urbanization, rising disposable income, and technological advancements are some of the factors boosting the market in Germany. Urbanization is leading to lifestyle changes and increasing esthetic consciousness.
According to ISAPS, the number of nonsurgical cosmetic procedures increased from 647,188 in 2019 to 731,883 in 2020 in Germany. Moreover, two-thirds of men (67%) and half of the women (53%) in Germany are overweight. Thus, these factors are boosting the demand for wellness centers, spas, and fitness services.
Furthermore, according to the Wellness Trends Report, the number of people taking wellness breaks in Germany for a few days or more has increased. One in three Germans now considers a wellness holiday as an attractive travel option.
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Target buyers of Germany 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 Germany cryotherapy market , including forecasts for subscribers. This country databook contains high-level insights into Germany cryotherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany cryotherapy market size, by therapy type, 2018-2030 (US$M)
Germany Cryotherapy Market Outlook Share, 2023 & 2030 (US$M)
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