Cryosauna And Cryochamber Market Size, Share & Trends Analysis Report By Product (Cryochambers, Cryosaunas), By Application (Beauty & Wellness, Fitness), By End-use, By Region, And Segment Forecasts, 2024 - 2030

Cryosauna And Cryochamber Market Trends

The global cryosauna and cryochamber market size was estimated at USD 196.14 million in 2023 and is projected to grow at a CAGR of 7.78% from 2024 to 2030. The rise in demand for cryotherapy by beauty & wellness clinics, fitness centers, and pain management facilities is expected to contribute to market growth. Increasing disposable income and the rising need to look presentable can further propel the market over the forecast period.

Athletes and celebrities are embracing cryotherapy as a new trend. It offers several advantages, many of which are factual. It is a quicker, more comfortable, and effective alternative to conventional ice baths. The rising awareness of the benefits of cryotherapy among professional athletes, sports teams, and fitness professionals has contributed to the growing demand for cryotherapy services in the sports & fitness sector. As more athletes experience positive results from incorporating cryotherapy into their training regimens, the trend has spread across various sports disciplines and fitness programs. The effectiveness of cryotherapy in accelerating recovery times and reducing muscle fatigue has led to its widespread adoption in the sports industry. For instance, the advantages of Whole-Body Cryotherapy (WBC) reach well beyond enhancing athletic performance. Although widely utilized in sports medicine to treat muscle injuries and expedite recovery, WBC plays a crucial role in helping muscles recuperate from the effects of overuse during training sessions, exercises, and competitions.

The wellness industry has observed a significant surge in the number of people seeking alternative treatments for various health conditions. One such treatment that has gained popularity in recent years is cryotherapy, which involves exposing the body to extremely cold temperatures for brief periods. This trend can be attributed to several factors, including the increasing prevalence of wellness disorders and the belief that cryotherapy offers numerous health benefits.

Technological developments in the beauty industry have increased the number of aesthetic enhancement procedures & services. As most customers in this market have become social media savvy, awareness about antiaging solutions has been rising. Hence, providing innovative and effective products & services has become imperative for market players. Rising demand for antiaging skincare and fat reduction solutions is a key driver of this market, and this trend will continue to grow as millennials age. Obesity is the most common issue across the globe. According to World Obesity Atlas 2023, the prevalence of obesity is expected to increase from 14% to 24% of the global population by 2035, impacting close to 2 billion individuals across adults, children, and adolescents. To utilize this opportunity, companies are offering various products in this segment, such as Cryohub offers Cryoskin, a noninvasive treatment for fat reduction. Owing to the growing demand for fat-reducing therapies globally, this cryolipolysis treatment is expected to trend in the coming years.

However, the lack of skilled professionals required to operate cryotherapy devices and the high cost of therapy are expected to hinder market growth in the coming years. To perform cryotherapy procedures, staff must be technically and medically trained, licensed, & qualified. For instance, cryotherapy sessions require the constant vigilance of professional technicians. High nitrogen vapors in enclosed spaces could lead to oxygen deprivation, which may cause loss of consciousness. Some adverse cases of cryotherapy have been observed in recent years. For instance, a cryotherapy center reported the death of a woman in the WBC chamber in Nevada, U.S. The article stated that the actual cause of death was not clear, but the center was found selling sessions for 30 minutes, which could have led to prolonged exposure to cold temperatures. Moreover, there was no proper vigilance by technicians during the session. Such cases result in public hesitancy regarding WBC, which may hamper market growth.

Market Concentration & Characteristics

The market is undergoing significant innovation, manufacturers are focused on creating equipment to deliver cryotherapy treatments with greater accuracy and efficiency, improving patient outcomes. Additionally, there is a growing trend towards integrating technology, such as AI and IoT, in cryotherapy devices. These technologies allow for better monitoring of treatment parameters, customized treatments based on individual needs, and remote control and monitoring capabilities. Furthermore, there is a continued emphasis on safety features in cryotherapy equipment to ensure patient well-being during treatments.

The market is characterized by a moderate level of merger and acquisition (M&A) activity. Key trends include market consolidation as larger firms acquire smaller ones to expand their product lines and customer base. Companies are merging to pool resources for technological advancements and to offer integrated wellness services. There is also a push for geographical expansion through acquisitions to enter new markets. Additionally, firms are joining forces to better navigate regulatory requirements, sharing expertise and resources to comply with health and safety standards efficiently.

Regulatory bodies in various countries are working towards establishing guidelines and standards for the operation of cryotherapy facilities, the qualifications of personnel administering treatments, and the equipment used in cryotherapy procedures. For instance, Nevada’s Bureau of Health Care Quality and Compliance assumed responsibility for investigating complaints related to cryotherapy after a tragic incident in a cryospa. These regulations aim to address concerns related to treatment protocols, hygiene standards, equipment maintenance, and overall safety measures to protect individuals undergoing cryotherapy sessions. Additionally, regulatory trends also encompass aspects such as data privacy and patient consent, ensuring that individuals are fully informed about the risks and benefits associated with cryotherapy treatments.

Epigenetics-based oxygenative topical treatments and bilberry-based skin therapy products are common substitutes for cryotherapy. Some alternatives, such as home remedies with antioxidants, may be substitutes for cryotherapy in certain cases.

Regional expansion plays a significant role in shaping the competitive landscape of the market, allowing companies to expand their product portfolios, enter new markets, and achieve economies of scale. Companies are establishing partnerships or distribution agreements with local firms to penetrate new markets and adapt products to meet regional preferences and regulatory requirements. Increasing globalization and cross-border trade facilitate the expansion of cryosauna and cryochamber manufacturers into new territories, focusing on regions experiencing demographic shifts, rising disposable incomes, and growing awareness of natural healthcare solutions.

In terms of product expansion such devices are not regulated for medical purposes, leading to complexities in product approval and market entry. Moreover, safety concerns related to cryotherapy procedures, such as the risk of frostbite or other adverse reactions, may deter potential users & hinder market expansion.

Product Insights

The cryochambers segment held the largest revenue share of 51.96% in 2023. This can be attributed to the rise in number of cryotherapy centers and rapid adoption by beauty clinics & fitness centers. This segment is witnessing significant advancements and innovation, driven by increased demand across various sectors, including wellness, sports, & medical fields. Companies such as MECOTEC GmbH and CryoBuilt are among the key players in the development of cryochambers, continuously improving their capabilities and features to enhance user experience and safety.

MECOTEC GmbH, a pioneer in ultra-low refrigeration technologies since 2000, introduced its cryo:one+ chamber in April 2024. It combines safety, efficiency, and user comfort, representing a significant advancement in cryotherapy. The cryo:one+ chamber's purely electrical operation caters to the upscale needs of hotels, clinics, and sports facilities. This is particularly evident in its adoption by high-profile sports teams and in prestigious locations across the U.S. and Europe.

Cryosaunas is expected to grow at the fastest CAGR of 8.34% from 2024 to 2030, owing to advantages such as compact design, better affordability over cryochambers, and technological advancements.The market has demonstrated substantial growth in recent years, driven by the expanding wellness and recovery industry. A cryosauna is a device specifically designed for whole-body cryogenic treatments, and its adoption is fueled by its unique features and increasing demand for efficient, space-saving, & user-friendly wellness solutions.

In November 2023, iCRYO, a prominent player in the cryotherapy market, held its second annual Elevate conference in Houston, Texas. This event highlighted the company's accomplishments and paved the way for further growth. The company's entry into Canada was a significant milestone, as it sold almost 100 territories in 2023, including 20 in New York. This expansion demonstrates the rising popularity of cryosaunas. iCRYO aims to breakthrough in Europe in 2024 while continuing its rapid expansion in the U.S.

Application Insights

The beauty and wellness segment held the largest revenue share of 32.53% in 2023. Its dominance can be attributed to the increasing awareness about the benefits of cryotherapy in the beauty & wellness industry. The rapid adoption of advanced aesthetic treatments is likely to be pivotal in segment growth.In the beauty and wellness sector, the rising demand for cryotherapy-based skin treatments and products is driven by technological advancements. Whole-body cryotherapy (WBC) stands out as a popular therapy offered by beauty clinics, enhancing skin quality by reducing wrinkles, tightening skin, and improving tone. Technological advancements have made WBC chambers more effective and cost-efficient, with cryosaunas gaining traction due to their compact size, reduced power consumption, & lower maintenance costs. This trend is expected to fuel market growth as beauty and wellness clinics find cryosaunas more feasible to invest in.

Fitness is expected to grow with the fastest CAGR of 8.63% from 2024 to 2030.Cryotherapy is increasingly becoming a sought-after practice in the fitness industry, especially in developed countries, where its utilization is rising. This surge in demand is primarily due to its ability to accelerate the body's natural healing mechanisms and offer rapid pain relief, making it an attractive option for fitness enthusiasts looking to enhance their recovery process.

Research studies have highlighted the effectiveness of cryotherapy in the fitness domain, particularly in addressing Delayed Onset Muscle Soreness (DOMS), a common discomfort experienced after intense workouts. DOMS, characterized by muscle pain, stiffness, & tenderness, can impede workout routines and hinder overall fitness progress. Cryotherapy, particularly Partial Body Cryotherapy (PBC) administered at temperatures as low as -110°C, has demonstrated notable improvements in muscle recovery post-exercise, as evidenced by scientific findings.

End-use Insights

The cryotherapy centers segment held the largest revenue share of 49.24% in 2023. This can be attributed to a rise in awareness about various cryotherapy applications, such as in beauty & aesthetics, pain management, and mental wellness. There has been an increase in the launch of dedicated cryotherapy centers across the globe. Developed economies, such as the U.S. and Canada, have a substantial number of cryotherapy centers.

Spas & Fitness Centers is expected to grow with the fastest CAGR from 2024 to 2030. The integration of cryotherapy into spas and fitness centers continues to be a key trend within the wellness industry. This movement is driven by the growing recognition of cryotherapy's benefits, which include enhanced recovery times, reduced inflammation, and improved overall wellness. As more individuals seek these health advantages, fitness clubs and wellness spas increasingly incorporate cryotherapy facilities into their offerings.

Several wellness centers and fitness clubs have recently introduced cryotherapy services. For instance, in August 2020, APMI Wellness Center launched a new Chevy Chase, Maryland facility featuring a dedicated cryotherapy unit This trend continued with the opening of Complete Cryotherapy in a fitness center in Aiken in March 2023. The center offered initial sessions at competitive pricing, highlighting the market's potential for growth through accessible pricing strategies.

Regional Insights

North America cryosauna and cryochamber market held the largest share of 57.75% in 2023 and is expected to witness significant growth from 2024 to 2030 due to increasing awareness about the benefits of cryotherapy treatment and high disposable & per capita income. This region has a significant number of cryotherapy centers. Cryotherapy services are used for reducing aging signs, improving skin's contour, and fat reduction & muscle recovery. Moreover, face and body treatments to improve aesthetic appearance have applications not only in middle-aged women but also in young men & women. The easy availability of different services and products for various aesthetic procedures in the U.S. and Canada is expected to further boost the market. According to International Spa Association (ISPA), in the U.S., an average of around 179 million people visit spas annually. Some key market players in this region are Novique Medical Aesthetics, Brymill Cryogenic Systems, and Cortex Technology.

U.S. Cryosauna And Cryochamber Market Trends

The cryosauna and cryochamber market in the U.S. is driven by several factors such as high disposable income, increasing prevalence of obesity & wellness disorders, and various strategic initiatives by key market players. According to the World Bank, the GDP per capita of the U.S. increased from USD 63,528.6 in 2020 to USD 76,329.6 in 2022. The individuals in the country have high disposable income and thus invest more in personal well-being.

In addition, the country has a high adoption of technologically advanced products. A substantial number of key players operate in the country, which is anticipated to drive market growth. Some of the companies are Zimmer MedizinSysteme GmbH, Brymill Cryogenic Systems, Metrum Cryoflex, and Physiomed Elektromedizin AG, which have dedicated cryotherapy products. According to a news article published in the Insurance Business, in 2021, there were over 3,000 cryotherapy centers in the country. In addition, due to high disposable income, individuals in the U.S. tend to spend more on aesthetic products & treatments as well as skin wellness. Thus, there is a significant presence of beauty & skin wellness clinics and fitness centers across the country.

Europe Cryosauna And Cryochamber Market Trends

The Europe cryosauna and cryochamber market is expected to grow at a lucrative rate over the forecast period. Germany, France, and Italy are among the major markets in Europe. Emerging Eastern European economies, such as Russia and Poland, are expected to create growth opportunities in the market. The European Spas Association is a federation of 20 European nations. There are about 1,400 medical spas and health resorts in Europe, which are medically acknowledged health institutions and are part of several nations' health system services. Such well-regulated and accredited spas are expected to support the high adoption of cryotherapy devices in the region.

The cryosauna and cryochamber market in the UK is growing attributed to rising awareness about the benefits of cryotherapy such as applications in pain management, sports recovery, beauty treatments, and overall wellness, media coverage, celebrity endorsements, and advancements in technology are driving the growth of the cryotherapy market in the UK. The population in the UK is becoming increasingly health conscious and there is a growing demand for noninvasive therapies to address various health concerns, including pain, inflammation, stress, and fatigue.

The France cryosauna and cryochamber market has observed that patients begin to use antiaging and minimally invasive treatments at a relatively early age and opt for additional invasive procedures to preserve their youthful appearance. Furthermore, increasing disposable income has led to a rise in demand for aesthetic procedures, boosting market growth. For instance, according to Our World in Data, the disposable household income per capita in France increased from USD 20,949.88 in 2020 to USD 21,007.38 in 2023.

The growth of cryosauna and cryochamber market in Germany is attributed to rapidly aging population, growing incidence of obesity, increasing urbanization, rising disposable income, and technological advancements are some of the factors boosting the market in Germany. Urbanization is leading to lifestyle changes and increasing aesthetic consciousness.

Asia Pacific Cryosauna And Cryochamber Market Trends

The Asia Pacific cryosauna and cryochamber market has witnessed significant growth and promising developments in recent years. Some key factors contributing to this growth are high awareness about antiaging treatments, easy availability of high-quality services, and increasing usage of cosmetic treatments, and rapid technological advancements. Furthermore, the demand for cryotherapy (cryosauna and cryochamber) in countries such as China and India is expected to grow owing to a large client pool and rising interest in aesthetic treatments. These treatments are being performed in beauty clinics and spas, mainly in urban areas in both countries. India, Thailand, and Indonesia are some emerging countries in the Asia Pacific market. The presence of various large & small players and an increasing presence of global players are among the factors anticipated to promote the growth of cryotherapy market in the Asia Pacific region.

The cryosauna and cryochamber market in India has high potential and has been undergoing significant development in recent years. A large young consumer base, growing disposable income, and increasing medical tourism are some of the major factors contributing to the growth of the cryotherapy market in India. Moreover, several nonsurgical procedures in the country have emerged as preferable treatment options for pain management, beauty, and wellness.  

China cryosauna and cryochamber market compared to developed countries such as the U.S., where antiaging treatments are more popular, younger consumers account for most of the demand, owing to rising social media usage and the booming live streaming economy, which have increased the desire to look young and attractive. Thus, the growing demand for noninvasive aesthetic procedures and increasing awareness about self-care & antiaging services are among the factors anticipated to drive the growth of China's cryotherapy market during the forecast period.

The cryosauna and cryochamber market in Japan is primarily driven by increasing awareness about technologically advanced products and high disposable income are expected to fuel market growth in the coming years. Japan has the highest percentage of geriatric population in the world. For instance, according to the National Institute of Population and Social Security Research, the 65+ age group is expected to account for 34.8% of the population by 2040.

Latin America Cryosauna And Cryochamber Market Trends

Latin America’s cryosauna and cryochamber market is primarily driven by the high demand for aesthetic treatment in Brazil, Mexico, and Argentina. In addition to local consumers, medical tourism for wellness services is driving the market in this region. The price of noninvasive treatment is lower in Latin America compared to the U.S. and other developed regions, encouraging young & older adults to avail beauty treatments in this region. The lack of defined regulatory guidelines has increased the availability of spas, leading to competitive pricing. Thus, large corporations provide complementary services to sustain their position in the growing competition. Brazil dominated the market in Latin America in 2023 and is expected to maintain its position during the forecast period.

The cryosauna and cryochamber market in Brazil is anticipated to witness significant growth over the forecast period owing to various factors such as the introduction of new products for athletes and research initiatives supporting the region's clinical effectiveness. In addition, cryotherapy helps reduce inflammation and nourishes the muscles with oxygen-rich & nutrient-dense blood. Key players are introducing their product offerings in the market to strengthen their geographic footprint in developing nations.

MEA Cryosauna And Cryochamber Market Trends

The MEA cryosauna and cryochamber market is expected to grow steadily in the coming years. The growing number of beauty clinics & spas, rising demand for aesthetic procedures, and increasing requirement for pain management are some of the major factors contributing to the market growth. Moreover, the growing number of services offered is anticipated to boost the market growth. Furthermore, less competition between companies in underdeveloped countries of the region is attracting various startups, resulting in regional market growth.

The cryosauna and cryochamber market in Saudi Arabia held the highest share of the MEA market in 2023, which can be attributed to the increasing number of cryotherapy service offerings, growing awareness about the benefits of cryosauna & cryochamber services, and the rising presence of market players. The market in Saudi Arabia is expected to gain substantial benefits over the forecast period with the growing prevalence of diseases and expanding market presence.

Key Cryosauna And Cryochamber Company Insights

Various small- and large-scale manufacturers offer products for cryosurgery & other cold therapies, resulting in intense competition among players. Market players such as Art of Cryo, MECOTEC, and CA Manufacturing Sp z.o.o., leverage these strategies to increase their production capabilities & strengthen their geographic presence. Moreover, players such as CryoBuilt, Inc. leverage these strategies to increase their production capabilities and strengthen their geographic presence.

Recent Developments

• In April 2024, Art of Cryo designed a novel 12-person walkthrough cryotherapy chamber at Cryo Center Coolzone Madeira, promoted as the world's largest cold therapy treatment facility.

• In April 2024, MECOTEC introduced its newest cryotherapy innovation known as “the cryo:one+ chamber.” This innovative chamber is designed with advanced technology to provide LED lighting experience.

• In February 2023, CryoBuilt, MECOTEC, and CRYOScience announced the launch of a joint international initiative, The Cryo Chamber Manufacturers (CCM) Initiative. This initiative aims to enhance awareness, comprehension, and standards in cryotherapy.

Cryosauna And Cryochamber Market Report Scope

Global Cryosauna And Cryochamber Market Report Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global cryosauna and cryochamber market report based on product, application, end-use, and region:

•  Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Cryochambers

  • Cryosaunas

• Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Pain Management

  • Beauty & Wellness

  • Fitness

  • Other

• End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Cryotherapy (Cryosauna and Cryochamber) Centers

  • Spas & Fitness Centers

  • Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Norway

    • Sweden

    • Denmark

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Thailand

  • Latin America

    • Brazil

    • Argentina

  • Middle East and Africa (MEA)

    • South Africa

    • South Arabia

    • UAE

    • Kuwait