Slovakia Cryotherapy Market Size & Outlook, 2024-2030
Slovakia cryotherapy market, 2018-2030 (US$M)
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Slovakia cryotherapy market highlights
- The Slovakia cryotherapy market generated a revenue of USD 98.3 million in 2023 and is expected to reach USD 149.4 million by 2030.
- The Slovakia market is expected to grow at a CAGR of 6.2% 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 98.3 million |
| Market revenue in 2030 | USD 149.4 million |
| Growth rate | 6.2% (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, Slovakia 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 |
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Slovakia 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 2024. Horizon Databook has segmented the Slovakia cryotherapy market based on cryosurgery, icepack therapy, chamber therapy covering the revenue growth of each sub-segment from 2018 to 2030.
The country has a moderately high disposable income, which provides affordability to individuals for cryotherapy procedures and treatment. Cryotherapy is steadily gaining popularity in professional sports, for the treatment of sports injuries.
In 2019, Slovakia's national ice hockey team installed a Cryomed Cryosauna cryotherapy system in the team's locker room for faster recovery of players. Such a rise in the popularity of cryotherapy is expected to drive market growth in the coming years. Some of the market players in the country are Cryomed s.r.o., CRYONiQ s.r.o., KRYO KOŠICE, and Auguste Cryogenics Slovakia s. r. o., and CryoChem Slovakia s.r.o.
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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 Slovakia cryotherapy market , including forecasts for subscribers. This country databook contains high-level insights into Slovakia cryotherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Slovakia Cryotherapy Market Outlook Share, 2024 & 2030 (US$M)
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