Global Cryotherapy Market 2019-2023

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

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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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