Global Cryotherapy Market 2019-2023

Global Cryotherapy Market 2019-2023

About Cryotherapy

Cryotherapy is a cold therapy and used for the treatment of pain by using freezing temperatures on a localized region of the body to eliminate an irritated nerve. Cryotherapy is also being increasingly adopted by dermatologists to treat abnormal skin cells.

Technavio’s analysts forecast the Global Cryotherapy Market to grow at a CAGR of 8.45% during the period 2019-2023.

Covered in this report

The report covers the present scenario and the growth prospects of the cryotherapy market. To calculate the market size, the report considers the revenue generated from application of cryotherapy across the globe.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, cryotherapy market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

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

Market driver

• Growing incidence of cancer and cardiac conditions
• For a full, detailed list, view our report

Market challenge

• Stringent regulatory approvals
• For a full, detailed list, view our report

Market trend

• Technological advances in cryotherapy equipment
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2023 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

PRESS RELEASE

Technavio Announces the Publication of its Research Report - Global Cryotherapy Market 2019-2023

Technavio recognizes the following companies as the key players in the global cryotherapy market: Brymill Cryogenic Systems, CryoConcepts, Impact Cryotherapy, Medtronic, Metrum Cryoflex, and Zimmer Medizinsysteme.

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market are the technological advances in cryotherapy equipment. Manufacturers are focusing on technological advances setting the trend in the cryotherapy market, which has allowed the development of local cryotherapy that provides decreased morbidity rates.”

According to the report, one driver influencing this market is the growing incidence of cancer and cardiac conditions. The growing population is expected to increase the number of cancers that generally develops among the elderly population, which is likely to add substantially to the growth of the global cryotherapy market.

Further, the report states that one challenge affecting this market are the stringent regulatory approvals. Stringent regulations and delayed approvals are expected to hamper the growth of the global cryotherapy market.

Companies Mentioned

Brymill Cryogenic Systems

CryoConcepts

Impact Cryotherapy

Medtronic

Metrum Cryoflex

Zimmer Medizinsysteme