Middle East & Africa Cryotherapy Market Size & Outlook
Middle East & Africa cryotherapy market, 2018-2030 (US$M)
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MEA cryotherapy market highlights
- The MEA cryotherapy market generated a revenue of USD 268.8 million in 2023.
- The market is expected to grow at a CAGR of 6.9% 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, Egypt is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 268.8 million |
| Market revenue in 2030 | USD 428.1 million |
| Growth rate | 6.9% (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, MEA region accounted for 3.6% 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 |
|---|
Middle East & Africa 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 Middle East & Africa cryotherapy market based on cryosurgery, icepack therapy, chamber therapy covering the revenue growth of each sub-segment from 2018 to 2030.
Middle Eastern countries, such as Saudi Arabia, Qatar, UAE, Kuwait, and Oman, are prospering economies. Advancements in esthetics and wellness are expected to increase the demand for cryotherapy in this region. Esthetic procedures were considered taboo in this region until recent times.
However, with growing westernization, these treatments are gaining popularity among people aged 30 and above. The market is driven by declining cultural stigma pertaining to esthetic improvements among Saudi women, while exposure to social media is leading to increase in adoption by millennials.
Men constitute almost 25% of the total population undergoing these treatments, indicating growing consciousness about appearance among them. Trends and Demographic Characteristics of Saudi Cosmetic Surgery Patients, body contouring, liposuction, and facelifts are some of the most common surgeries performed in the region.
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Target buyers of Middle East & Africa 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 Middle East & Africa cryotherapy market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa cryotherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA cryotherapy market size, by country, 2018-2030 (US$M)
Middle East & Africa Cryotherapy Market Outlook Share, 2023 & 2030 (US$M)
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