Mexico Cryotherapy Market Size & Outlook, 2023-2030

The cryotherapy market in Mexico is expected to reach a projected revenue of US$ 111.5 million by 2030. A compound annual growth rate of 8.6% is expected of Mexico cryotherapy market from 2024 to 2030.
Revenue, 2023 (US$M)
$62.4
Forecast, 2030 (US$M)
$111.5
CAGR, 2024 - 2030
8.6%
Report Coverage
Mexico

Mexico cryotherapy market highlights

  • The Mexico cryotherapy market generated a revenue of USD 62.4 million in 2023 and is expected to reach USD 111.5 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 8.6% 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 2023USD 62.4 million
Market revenue in 2030USD 111.5 million
Growth rate8.6% (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, Mexico accounted for 0.8% 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

Mexico 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 53.21% in 2023. Horizon Databook has segmented the Mexico cryotherapy market based on cryosurgery, icepack therapy, chamber therapy covering the revenue growth of each sub-segment from 2018 to 2030.


Mexico’s market is expected to witness significant growth over the forecast period owing to the local presence of key players, such as Cryob, Cryo Zone Mx, and Fisio Care, which provide cryotherapy procedures in their medical spas. 

Moreover, these players are engaged in activities to raise awareness in the population, which may contribute to market growth. In February 2022, Cryob participated in the 20th International Congress of Advances in Medicine to showcase its product portfolio. 

Such healthcare conventions and campaigns are excellent platforms for a company to increase its customer base & generate increased revenue.

Reasons to subscribe to Mexico cryotherapy market databook:

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Target buyers of Mexico 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.).
  • 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 Mexico cryotherapy market , including forecasts for subscribers. This country databook contains high-level insights into Mexico cryotherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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