Description

Global Cryotherapy Market:

The global cryotherapy market estimated to be valued US$ XX. Mn in 2019 and poised to grow at significant CAGR over 2020-2026 owing to rising prevalence of cancer and increasing incidence of skin disorders and is also an alternative to minimally invasive surgical treatments and radiation treatment for the prostate cancer treatment are expected to drive the growth of the market. Moreover, growing popularity in the beauty, wellness and fitness industries and advancements in technology and favorable reimbursement policies fuels the growth of the market. However, hazardous effects of cryogenic gases and lack of evidence to support the claims of whole body cryotherapy are expected to hamper the growth of the market.

 

Rising Applications for Cryosurgery in Cancer Treatment

In 2018, the cancer burden across the globe is estimated to have risen to 18.1 Mn new cases and 9.6 Mn deaths. Almost 1 in 5 men and one in 6 women develop cancer worldwide during their lifetime. Cryosurgery is a proven minimally invasive alternative to surgical treatments and radiation treatment for the prostate cancer treatment. The increasing application of cryosurgery in oncology and advancements in technology for cryotherapy equipment and growing preference towards minimally invasive techniques enhances the growth of the market over the forecast years.

 

North America Accounts for Larger Market Revenue Share in Global Cryotherapy Market

North America accounted for larger revenue share in global cryotherapy market with significant CAGR owing to rising adoption of whole body cryotherapy and for cancers and other skin disorders and presence of good number of skilled professionals. Moreover, Cryotherapy is also an advantageous for the patients who cannot be operated and are non-responsive to the treatment. In addition, launch of new products and growing number of surgical procedures carried out in the region enhances the growth of the market.  Asia Pacific is expected to grow at highest CAGR over the forecast due to increase in incidence rate of cancer and adoption of minimally invasive surgeries coupled with medical tourism in the region fuels the growth of the market.

 

Competition Assessment

Key player’s profiles in the global cryotherapy market include:

  • CryoConcepts LP
  • Medtronic
  • Impact Cryotherapy
  • Zimmer MedizinSystems
  • Metrum Cryoflex
  • Brymill Cryogenic Systems
  • <span”>Cooper Surgical
  • <span”>Galil Medical, Inc.
  • <span”>Erbe Elektromedizin GmbH
  • <span”>Wallach Surgical Devices

 

Global cryotherapy market is surging owing to increased approvals and strategic collaborations among the market players to strengthen their position different regions of the globe. For instance, in June 2017, Channel Medsystems received CE Mark Approval for the Cerene Cryotherapy Device for endometrial ablation procedures.

 

Key Findings of the Report:

  • Global cryotherapy market expanding at significant CAGR over 2020 to 2026 owing to rising adoption of cryotherapy in wellness and fitness industries.
  • Based on application area, oncology segment cryotherapy accounted for larger market revenue share in 2019 and projected to gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global cryotherapy market

 

Global Cryotherapy Market Report Description:

Global cryotherapy market report gives comprehensive outlook on cryotherapy across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global cryotherapy market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application, end user, and region. This report studies global cryotherapy market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global cryotherapy market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global cryotherapy market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global cryotherapy market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global cryotherapy products.

 

Detailed Segmentation

 

By Product Type

  • Cryosurgery Devices
  • Tissue Contact Probes
  • Tissue Spray Probes
  • Epidermal and Subcutaneous Cryoablation Devices
  • Localized Cryotherapy Devices
  • Cryochambers & Cryosaunas

 

By Application Area

  • Surgical Applications
  • Oncology
  • Cardiology
  • Dermatology
  • Other Surgical Applications
  • Pain Management
  • Recovery, Health, and Beauty

 

By End User

  • Hospitals & Specialty Clinics
  • Cryotherapy Centers
  • Others

 

Geography

 

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

 

Key Features of the Report:

  •  The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market


Location

GEOGRAPHY

PBI Location Map

Competition Assessment

Key player’s profiles in the global cryotherapy market include:

  • CryoConcepts LP
  • Medtronic
  • Impact Cryotherapy
  • Zimmer MedizinSystems
  • Metrum Cryoflex
  • Brymill Cryogenic Systems
  • Cooper Surgical
  • Galil Medical, Inc.
  • Erbe Elektromedizin GmbH
  • Wallach Surgical Devices

1. Executive Summary

2. Global Cryotherapy Market Introduction

2.1. Global Cryotherapy Market – Taxonomy

2.2. Global Cryotherapy Market –Definitions

2.2.1. By Product Type

2.2.2. By Application Area

2.2.3. By End User

3. Global Cryotherapy Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Global Cryotherapy Market Dynamics – Factors Impact Analysis

4. Global Cryotherapy Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026

4.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

5. Global Cryotherapy Market Forecast, By Product Type, 2015 – 2019 and Forecast, 2020 – 2026

5.1. Cryosurgery Devices

5.1.1. Tissue Contact Probes

5.1.1.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.1.3. Market Opportunity Analysis

5.1.2. Tissue Spray Probes

5.1.2.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.2.3. Market Opportunity Analysis

5.1.3. Epidermal and Subcutaneous Cryoablation Devices

5.1.3.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3.3. Market Opportunity Analysis

5.2. Localized Cryotherapy Devices  

5.2.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. Cryochambers & Cryosaunas  

5.3.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

6. Global Cryotherapy Market Forecast, By Application Area, 2015 – 2019 and Forecast, 2020 – 2026

6.1. Surgical Applications

6.1.1. Oncology

6.1.1.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

6.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.1.3. Market Opportunity Analysis

6.1.2. Cardiology

6.1.2.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

6.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.2.3. Market Opportunity Analysis

6.1.3. Dermatology

6.1.3.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

6.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3.3. Market Opportunity Analysis

6.1.4. Other Surgical Applications

6.1.4.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

6.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.4.3. Market Opportunity Analysis

6.2. Pain Management

6.2.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

6.3. Recovery, Health, and Beauty

6.3.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market Opportunity Analysis

7. Global Cryotherapy Market Forecast, By End User, 2015 – 2019 and Forecast, 2020 – 2026

7.1. Hospitals & Specialty Clinics

7.1.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Cryotherapy Centers

7.2.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Others

7.3.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.3.3. Market Opportunity Analysis

8. Global Cryotherapy Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026

8.1. North America

8.1.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.1.3. Market Opportunity Analysis

8.2. Europe

8.2.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.2.3. Market Opportunity Analysis

8.3. Asia Pacific

8.3.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.3.3. Market Opportunity Analysis

8.4. Latin America

8.4.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.4.3. Market Opportunity Analysis

8.5. The Middle East & Africa

8.5.1. Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)

8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.5.3. Market Opportunity Analysis

8.6. Global Cryotherapy Market – Opportunity Analysis Index, By Product Type, By Application, By End User, and Region, 2020 – 2026

9. North America Cryotherapy Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026

9.1. Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.1.1. Cryosurgery Devices

9.1.1.1. Tissue Contact Probes

9.1.1.2. Tissue Spray Probes

9.1.1.3. Epidermal and Subcutaneous Cryoablation Devices

9.1.2. Localized Cryotherapy Devices

9.1.3. Cryochambers & Cryosaunas

9.2. Application Area Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.2.1. Surgical Applications

9.2.1.1. Oncology

9.2.1.2. Cardiology

9.2.1.3. Dermatology

9.2.1.4. Other Surgical Applications

9.2.2. Pain Management

9.2.3. Recovery, Health, & Beauty

9.3. End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.3.1. Hospitals & Specialty Clinics

9.3.2. Cryotherapy Centers

9.3.3. Others

9.4. Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

9.4.1. U.S.

9.4.2. Canada

9.5. North America Cryotherapy Market – Opportunity Analysis Index, By Product Type, By Application Area, By End User, and Country, 2020 – 2026

9.6. North America Cryotherapy Market Dynamics – Trends

10. Europe Cryotherapy Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026

10.1. Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1. Cryosurgery Devices

10.1.1.1. Tissue Contact Probes

10.1.1.2. Tissue Spray Probes

10.1.1.3. Epidermal and Subcutaneous Cryoablation Devices          

10.1.2. Localized Cryotherapy Devices

10.1.3. Cryochambers & Cryosaunas

10.2. Application Area Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.2.1. Surgical Applications

10.2.1.1. Oncology

10.2.1.2. Cardiology

10.2.1.3. Dermatology

10.2.1.4. Other Surgical Applications           

10.2.2. Pain Management

10.2.3. Recovery, Health, & Beauty

10.3. End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.3.1. Hospitals & Specialty Clinics

10.3.2. Cryotherapy Centers

10.3.3. Others

10.4. Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

10.4.1. U.K.

10.4.2. Germany

10.4.3. France

10.4.4. Italy

10.4.5. Spain

10.4.6. Russia

10.4.7. Rest of Europe

10.5. Europe Cryotherapy Market – Opportunity Analysis Index, By Product Type, By Application Area, By End User, and Country, 2020 – 2026

10.6. Europe Cryotherapy Market Dynamics – Trends

11. Asia Pacific Cryotherapy Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026

11.1. Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.1.1. Cryosurgery Devices

11.1.1.1. Tissue Contact Probes

11.1.1.2. Tissue Spray Probes

11.1.1.3. Epidermal and Subcutaneous Cryoablation Devices          

11.1.2. Localized Cryotherapy Devices

11.1.3. Cryochambers & Cryosaunas

11.2. Application Area Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.2.1. Surgical Applications

11.2.1.1. Oncology

11.2.1.2. Cardiology

11.2.1.3. Dermatology

11.2.1.4. Other Surgical Applications           

11.2.2. Pain Management

11.2.3. Recovery, Health, & Beauty

11.3. End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.3.1. Hospitals & Specialty Clinics

11.3.2. Cryotherapy Centers

11.3.3. Others

11.4. Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

11.4.1. China

11.4.2. Japan

11.4.3. India

11.4.4. ASEAN Counties

11.4.5. Philippines

11.4.6. Rest of Asia Pacific

11.5. Asia Pacific Cryotherapy Market – Opportunity Analysis Index, By Product Type, By Application Area, By End User, and Country, 2020 – 2026

11.6. Asia Pacific Cryotherapy Market Dynamics – Trends

12. Latin America Cryotherapy Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026

12.1. Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.1.1. Cryosurgery Devices

12.1.1.1. Tissue Contact Probes

12.1.1.2. Tissue Spray Probes

12.1.1.3. Epidermal and Subcutaneous Cryoablation Devices          

12.1.2. Localized Cryotherapy Devices

12.1.3. Cryochambers & Cryosaunas

12.2. Application Area Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.2.1. Surgical Applications

12.2.1.1. Oncology

12.2.1.2. Cardiology

12.2.1.3. Dermatology

12.2.1.4. Other Surgical Applications           

12.2.2. Pain Management

12.2.3. Recovery, Health, & Beauty

12.3. End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.3.1. Hospitals & Specialty Clinics

12.3.2. Cryotherapy Centers

12.3.3. Others

12.4. Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

12.4.1. Mexico

12.4.2. Brazil

12.4.3. Argentina

12.4.4. Chile

12.4.5. Rest of Latin America

12.5. Latin America Cryotherapy Market – Opportunity Analysis Index, By Product Type, By Application Area, By End User, and Country, 2020 – 2026

12.6. Latin America Cryotherapy Market Dynamics – Trends

13. Middle East and Africa Cryotherapy Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026

13.1. Product Type Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

13.1.1. Cryosurgery Devices

13.1.1.1. Tissue Contact Probes

13.1.1.2. Tissue Spray Probes

13.1.1.3. Epidermal and Subcutaneous Cryoablation Devices          

13.1.2. Localized Cryotherapy Devices

13.1.3. Cryochambers & Cryosaunas

13.2. Application Area Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

13.2.1. Surgical Applications

13.2.1.1. Oncology

13.2.1.2. Cardiology

13.2.1.3. Dermatology

13.2.1.4. Other Surgical Applications           

13.2.2. Pain Management

13.2.3. Recovery, Health, & Beauty

13.3. End User Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

13.3.1. Hospitals & Specialty Clinics

13.3.2. Cryotherapy Centers

13.3.3. Others

13.4. Country Analysis (2015 – 2019) and Forecast (2020 – 2026) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

13.4.1. GCC Countries

13.4.2. South Africa

13.4.3. Saudi Arabia

13.4.4. Turkey

13.4.5. Rest of MEA

13.5. Middle East and Africa Cryotherapy Market – Opportunity Analysis Index, By Product Type, By Application Area, By End User, and Country, 2020 – 2026

13.6. Middle East and Africa Cryotherapy Market Dynamics – Trends

14. Competition Landscape

14.1. Strategic Dashboard of Top Market Players

14.2. Company Profiles (Introduction, Financial Analysis, Key Developments, Strategies, and SWOT Analysis)

14.2.1. CryoConcepts LP

14.2.2. Medtronic

14.2.3. Impact Cryotherapy

14.2.4. Zimmer MedizinSystems

14.2.5. Metrum Cryoflex

14.2.6. Brymill Cryogenic Systems

14.2.7. Cooper Surgical

14.2.8. Galil Medical, Inc.

14.2.9. Erbe Elektromedizin GmbH

14.2.10. Wallach Surgical Devices

15. Research Methodology

16. Key Assumptions and Acronyms

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