Spain Cryotherapy Market Size & Outlook, 2023-2030

The cryotherapy market in Spain is expected to reach a projected revenue of US$ 209.5 million by 2030. A compound annual growth rate of 6% is expected of Spain cryotherapy market from 2024 to 2030.

Revenue, 2023 (US$M)
$139.3
Forecast, 2030 (US$M)
$209.5
CAGR, 2024 - 2030
6%
Report Coverage
Spain

Spain cryotherapy market highlights

  • The Spain cryotherapy market generated a revenue of USD 139.3 million in 2023 and is expected to reach USD 209.5 million by 2030.
  • The Spain market is expected to grow at a CAGR of 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 139.3 million
Market revenue in 2030USD 209.5 million
Growth rate6% (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, Spain accounted for 1.9% 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 Companies

Name Profile # Employees HQ Website

Spain 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 53.19% in 2023. Horizon Databook has segmented the Spain cryotherapy market based on cryosurgery, icepack therapy, chamber therapy covering the revenue growth of each sub-segment from 2018 to 2030.


Market players, such as CET CryoSpas, provide a dedicated cryotherapy product range for athletes and health clubs in Spain. CET CryoSpas cryotherapy product range includes CryoSpa Sport, ContrastSpa Duo, CoolSpa, ColdSpa Inflatable, and CryoSpa Mini. 


According to an NCBI 2020 report on Spanish Inline Hockey players, around 67% of injuries were reported during the game and about 32% during practice. The most common injuries include sprains (~26%) and fractures (~28%). 


All these factors are expected to increase the demand for cryotherapy over the forecast period. Spain has a high adoption rate of beauty esthetic services. According to the Spanish Society of Aesthetic Medicine, in 2020, around 36% of individuals in Spain used esthetic treatments. 

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Target buyers of Spain 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain cryotherapy market , including forecasts for subscribers. This country databook contains high-level insights into Spain cryotherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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