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Global Cryotherapy Market 2019-2023

  • Published: Nov 2018
  • Pages: 116
  • SKU: IRTNTR30118
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The global cryotherapy market size will grow by USD 289.05 million during 2019-2023. This industry research report provides a detailed analysis of the market based on product (cryosurgery devices, localized cryotherapy devices, and cryochambers and cryosaunas), application (surgical applications, pain management, and recovery, health, and beauty) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several cryotherapy providers including Brymill Cryogenic Systems, CryoConcepts, Impact Cryotherapy, Medtronic, Metrum Cryoflex, and Zimmer Medizinsysteme.

Below are some of the key findings from this cryotherapy market analysis report

Cryotherapy Market

 

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Global cryotherapy industry overview

The growing popularity of beauty, wellness, and fitness industries are driving the global cryotherapy market. The demand for cryotherapy in beauty, wellness, and fitness industry is growing because it helps to minimize the effects of aging and various skin conditions by increasing the cell rejuvenation and collagen levels in the skin. The introduction of new and smart cryotherapy such as, Cool Lifting launched by CryoConcepts helps to reduce the signs of wrinkles by creating strong CO2 gas and a facial solution, which is then applied to the face at very low temperature. The growing popularity of cryotherapy in beauty, wellness, and fitness industries is driving market expansion.

Also, the technological advancements in cryotherapy equipment are positively impacting the market. The innovative cryotherapy equipment enables the visualization of the cryotherapy experience with thermal imaging and provides a dynamic view of the body, thereby delivering an optimal experience. Moreover, the technologically advanced cryotherapy equipment also provides real-time skin temperatures and helps in reducing the morbidity rates significantly. The growing popularity in beauty, wellness, and fitness industries coupled with the technological advancements in cryotherapy equipment is driving the cryotherapy market growth at a CAGR of more than 8% during the forecast period.

Top cryotherapy companies covered in this market research report

The global cryotherapy market is highly fragmented. The market is in the growth phase and the competition is expected to become more intense by the end of the forecast period. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this cryotherapy industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a detailed analysis of several leading cryotherapy companies including:

  • Brymill Cryogenic Systems
  • CryoConcepts
  • Impact Cryotherapy
  • Medtronic
  • Metrum Cryoflex
  • Zimmer Medizinsysteme

 Cryotherapy market segmentation based on product

  • Cryosurgery devices
  • Localized cryotherapy devices
  • Cryochambers and cryosaunas

The dominating product of the global cryotherapy market in 2018 was the cryosurgery devices. The market share of this segment will increase, and it will continue to dominate the market throughout the next five years.

Cryotherapy market segmentation based on region

  • The Americas
  • APAC
  • EMEA

The Americas accounted for the largest cryotherapy market share in 2018. This region will witness a decrease in its market share but will remain the market leader for the next five years.

Key highlights of the global cryotherapy market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the cryotherapy market during the next five years
  • Precise estimation of the global cryotherapy market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cryotherapy industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of cryotherapy companies

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Table of Contents

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Cryosurgery devices - Market size and forecast 2018-2023
  • Localized cryotherapy devices - Market size and forecast 2018-2023
  • Cryochambers and cryosaunas - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Surgical applications - Market size and forecast 2018-2023
  • Pain management - Market size and forecast 2018-2023
  • Recovery, health, and beauty - Market size and forecast 2018-2023
  • Market opportunity by application

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Americas - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Brymill Cryogenic Systems
  • CryoConcepts
  • Impact Cryotherapy
  • Medtronic
  • Metrum Cryoflex
  • Zimmer Medizinsysteme

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations

PART 16: EXPLORE TECHNAVIO

 

 

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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