Italy Cryotherapy Market Size & Outlook, 2023-2030
Italy cryotherapy market, 2018-2030 (US$M)
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Italy cryotherapy market highlights
- The Italy cryotherapy market generated a revenue of USD 243.4 million in 2023 and is expected to reach USD 359.3 million by 2030.
- The Italy market is expected to grow at a CAGR of 5.7% 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.
Cryotherapy market data book summary
| Market revenue in 2023 | USD 243.4 million |
| Market revenue in 2030 | USD 359.3 million |
| Growth rate | 5.7% (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, Italy accounted for 3.3% 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 |
|---|
Italy 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 Italy cryotherapy market based on cryosurgery, icepack therapy, chamber therapy covering the revenue growth of each sub-segment from 2018 to 2030.
This region has a high disposable income. Thus, people in this region spend high amounts on health & wellness treatments. Cryotherapy-based esthetics and beauty treatments are gaining popularity in the country.
Various beauty clinics, such as Nails & Beauty and Antonella Beauty Center, offer cryotherapy-based beauty treatments in Italy. Italy has the second-largest geriatric population in the world and the largest growing elderly population in Europe.
In 2021, Italy's aging population accounted for around 21.53% of the total population. To improve their aesthetic appeal, elderly and middle-aged women prefer antiaging treatments. Thus, some of the factors contributing to Italy's medical spa market are increasing esthetic consciousness, technological advancements, a rapidly aging population, and shorter procedure time.
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Target buyers of Italy 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 Italy cryotherapy market , including forecasts for subscribers. This country databook contains high-level insights into Italy cryotherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy cryotherapy market size, by therapy type, 2018-2030 (US$M)
Italy Cryotherapy Market Outlook Share, 2023 & 2030 (US$M)
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