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+1 217 636 3356 +44 20 3289 9440 sales@mobilityforesights.com Your Cart 0 Company Market Reports Consumer Research Advisory Services Exports - Imports Careers Contact Us Blog Your cart is empty Your Name Return to Shop Business Email Global Cryotherapy Devices Market 2024-2030 Country Phone Number +1 Company Name Single User License : $ 3,500 Your message Corporate User License : $ 6,000 By submitting this form, you are agreeing to Request Sample the Terms of Use and Privacy Policy. I'm not a robot reCAPTCHA Privacy - Terms BUY NOW DOWNLOAD SAMPLE DESCRIPTION TABLE OF CONTENTS CRYOTHERAPY DEVICES MARKET KEY FINDINGS The increasing global incidence of cancer, particularly skin cancer, is a key factor driving the growth of the market. The increasing incidence of melanoma in young adults and the use of cryotherapy for pre-cancerous conditions are driving market growth amid rising skin cancer rates globally. The market’s growth will be significantly influenced by increasing demand for minimally invasive therapies and technological advancements in cryotherapy equipment. Moreover, the expanding interest in wellness, beauty, and fitness sectors is poised to drive the growth of the cryotherapy market. The utilization of hazardous cryogenic gases in different cryotherapies and the lack of awareness regarding the benefits of cryotherapy are obstacles expected to impede market expansion. The stringent rules and regulations concerning product approval will pose a challenge to the cryotherapy market during the forecast period. North America leads the cryotherapy market due to major players, favorable reimbursement, advanced technology adoption, high healthcare spending, and well-developed healthcare infrastructure. Asia-Pacific is projected to expand in the forecast period driven by rising R&D activities, efforts by key players to ensure device availability, and increasing government support. Chamber therapy is anticipated to experience rapid growth as an application of cryotherapy across diverse sectors including beauty & wellness, fitness, and others. Its popularity is rising notably among athletes and sports professionals, driving its market expansion. INTRODUCTION TO CRYOTHERAPY DEVICES MARKET A process whereby aberrant tissue is frozen and destroyed using a cryoprobe or an extremely cold liquid. Liquid nitrogen, 0 liquid nitrous oxide, or compressed argon gas are used to chill cryoprobes. Some cancers and disorders that might develop into cancer may be treated using cryotherapy. also known as cryosurgery and cryoablation. The local or broad application of low temperatures in medical therapy is known as cryotherapy, sometimes referred to as cold Continue Shopping therapy. A number of tissue lesions can be treated by cryotherapy. The word is most commonly used to describe the surgical procedure known as cryosurgery or cryoablation. The most prevalent use of cryosurgery, which uses extremely low temperatures to eliminate aberrant or diseased tissue, is to treat skin diseases. After surgery or soft tissue injury, muscular soreness, sprains, and edoema are treated with cryotherapy in an effort to reduce these symptoms. It has been widely utilised for many years to quicken athletes’ post-workout recoveries. Cryotherapy lowers tissue surface temperatures to reduce muscular spasms, edoema buildup, and hypoxia cell death, all of which eventually reduce pain and inflammation. It can take many different forms, from the use of cold chambers to the application of ice packs or submersion in ice baths (often referred to as cold therapy). CRYOTHERAPY DEVICES MARKET SIZE AND FORECAST
+1 By submitting this form, you are agreeing to the Terms of Use and Privacy Policy. The Global Cryotherapy devices market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030. CRYOTHERAPY DEVICES MARKET RECENT DEVELOPMENT AND INNOVATION Zemits, a US company that manufactures aesthetic equipment, has begun selling its CoolRestore cryotherapy device in the UK. Cryo mode and smart mode are the device’s two therapy modes. Cryotherapy, which Zemits describes as using cold therapy as low as -18 °C, can be applied to a single target location for anywhere between 15 and 30 minutes. According to the manufacturer, this enables the skin to cool to a temperature that facilitates fat burning and skin firming. Additionally, CoolRestore has a handpiece that can gauge the skin’s current temperature and display it on the device’s screen. This enables the operator to always be aware of the patient’s current temperature, according to Zemits. The smart treatment mode offers a pre-set procedure that alternates between two minutes of hot and cold therapy. The company claims that this process, known as shock thermal therapy, increases the efficiency of adipocyte removal. Handheld Cryotherapy Device, Cryo Success. It is the perfect handheld cryotherapy equipment for general practice, dermatology, podiatry, and minor surgery applications since it is straightforward and accurate in treating skin lesions. The safety design of CryoSuccess has been updated, allowing for simple on/off fitting of the cartridge. The tool can be kept in a drawer and is always available for use. Additionally, the cartridge may always be taken out for longer-term storage and quickly rejoined. For simple application and extremely precise application, utilize a pencil-style grip. freezes to a depth of 3mm at -89oC.The rate at which the button is depressed modifies the amount of cold produced.All of the liquid nitrogen storage and transportation issues can be resolved by using nitrous oxide cartridges. The Skin Cooling System,Cryo 6 – 30°C Cold Air, was created for Superficial Aesthetic Procedures. The Cryo 6 Cold Air Device is designed to reduce discomfort and thermal harm during laser and dermatological procedures as well as to provide brief relief from topical anesthesia during injections. The Cryo 6 can chill the epidermis before, during, and after laser energy has been administered without interfering with the laser beam, in contrast to conventional cooling techniques such contact cooling, cryogen spray, or ice packs. In order to reduce discomfort and heat harm during laser and dermatological treatments, the Cryo Mini Cold Air Device was created. With applications that have been shown to support the treatment of rheumatic diseases and improve surface skin health prior to laser treatments, cryo is transforming the modern beauty and wellness industries. Cryotherapy has recently gained popularity as a highly effective method for muscular relaxation, thanks in large part to MECOTEC’s incredibly effective cold air devices, which offer targeted chilling for professional athletes and others. This contemporary approach has been transformed by MECOTEC’s potent cold air therapy devices, which use the power of localized coldness to assist muscles relax after strenuous exercise or lessen joint discomfort from rheumatic conditions. CRYOTHERAPY DEVICES MARKET NEW PRODUCT LAUNCH The Cerene Cryotherapy Device will be used for the first endometrial ablation procedures in Europe, according to Channel Medsystems. The Cerene Cryotherapy Device was used for the first times in Europe to treat severe menstrual bleeding, according to a medical device firm whose purpose is to enable every woman to take charge of her health journey (HMB). The treatments were carried out by M.D. at Bergman Clinics in Amsterdam, the biggest network of clinics in the Netherlands offering dedicated medical specialists and their patients outpatient care and procedures. “Gynecologist and Director are extremely glad to have the chance to test the Cerene Cryotherapy Device for the treatment of severe menstrual bleeding,” said the director of science and innovation at Bergman Clinics and a gynaecologist. More patients and doctors will have access to this significant innovation’s in-office, minimum anaesthetic therapy, which will help more women find relief from uncomfortable menstrual symptoms. CRYOTHERAPY DEVICES MARKET NEW PRODUCT DEVELOPMENT Company Product Year Description IceCure ProSense the ProSense System is a minimally-invasive cryoablation technology that 2022 Medical Ltd system destroys tumors by freezing as an alternative to surgical tumor removal. Portable Hydrozid is a portable aerosol cryosurgery device, intended for topic use for the Medilink cryotherapy 2021 treatment of benign and premalignant skin lesions, including verruca (warts) by Hydrozid spraying a cryogen to freeze the compromised cells up to destruction.
CryoPop is a cryotherapy device that uses solid carbon dioxide (dry ice) at temperatures below -50°C to treat precancerous cervical lesions. It’s a CO2- Pregna CryoPop 2021 based intrauterine device (IUD) that doesn’t require a cable during operation and uses less gas for cooling. +1 By submitting this form, you are agreeing to the Terms of Use and Privacy Policy. CRYOTHERAPY DEVICES MARKET GEOGRAPHY OVERVIEW North America The North American market, particularly the USA, will be one of the prime markets for (Cryotherapy Devices Market) due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements. The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive. Europe The European market, particularly Western Europe, is another prime market for (Cryotherapy Devices Market) due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive. In Western Europe, the margins for (Cryotherapy Devices Market) are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period. Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe. There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of (Cryotherapy Devices Market) in the region. Asia Asia will continue to be the global manufacturing hub for (Cryotherapy Devices Market) over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region. There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries. There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon. Africa Africa is expected to see the largest growth in (Cryotherapy Devices Market) over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations. Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape. RoW
Latin America and the Oceania region will showcase growth over the forecast period in (Cryotherapy Devices Market). In Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which is supported by foreign investments in the region. This will be across industries mainly automotive and medical devices. There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to growth of other industries in the region. CRYOTHERAPY DEVICES MARKET MARGIN COMPARISON +1 Margin Comparison Region Remarks (Highest to lowest) By submitting this form, you are agreeing to the Terms of Use and Privacy Policy. The supply chain demands and the purchasing power in the region enable suppliers to 1 Europe extradite a larger margin from this region than other regions. This is for both locally manufactured as well as imported goods and services in the region. Due to the high spending power in this region, the margins are higher compared to the rest North of the world, but they are lower than Europe as there is higher competition in this region. All 2 America the suppliers of goods and services target USA as a main market thereby decreasing their margins compared to Europe Lower purchasing power, coupled with higher accessibility of services in this regions doesn’t 3 Asia enable suppliers to charge a high margin making it lower than Europe and North America. The quality of goods and services are also affected due to this aspect in the region Africa The margins are the lowest in this region, except for Australia and New Zealand as the 4 and countries in this region don’t have much spending power and a large portion of the products ROW and services from this area is exported to other parts of the world CRYOTHERAPY DEVICES MARKET INNOVATION INVESTMENTS BY REGION USA – $210 billion is allocated to federal R&D with main focus on health research, clean energy, semiconductor manufacturing, sustainable textiles, clean energy, and advanced manufacturing. Investments by private players are mainly focused on technological development including 5G infrastructure and AI in the region. Europe – EIC is investing €1 billion to innovative companies in sectors like AI, biotechnology, and semiconductors. There is also a focus on developing the ecosystem in the continent as well as improving the infrastructure for developing industries such as electric vehicles and sustainable materials. Private players are targeting data centers, AI, battery plants, and high end technological R&D investments. Asia – There are investments to tackle a range of scientific and technological advancements in this region mainly coming in from China, India, South Korea, and Japan. This will include artificial intelligence, 5G, cloud computing, pharmaceutical, local manufacturing, and financial technologies. Many countries are aiming to be digital hubs including Saudi Arabia. Africa – Investments in the region are focused on improving the technological capabilities in the region along with socio- economic development and growth. Private participants of investments in this region is venture capital dominated who are targeting the various growth elements of the region as social stability improves. The major industries are fintech, easier lending, and manufacturing. Latin America – The focus in the region is for fintech, e-commerce, and mobility sectors. There are also investments in improving manufacturing in the region. Local investments is focused on improving the healthcare, and transportation infrastructure in the region. The region is attracting foreign investments to improve their ability to utilize the natural resources present in the region. Rest of the World – The investments in this region are focused on clean energy, green metals, and sustainable materials. Funds in Australia are focused on solar energy and battery technologies, along with high end futuristic areas such as quantum computing. The main countries of private investment in ROW will be Australia, Canada, and New Zealand. CRYOTHERAPY DEVICES MARKET COMPANY PROFILES Impact Cryotherapy Quantum Cryogenics CryoConcepts LP. Zimmer MedizinSysteme GmbH Boston Scientific Corporation CRYOTHERAPY DEVICES MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS 1. How many Cryotherapy devices are manufactured per annum globally? Who are the sub-component suppliers in different regions? 2. Cost breakup of a Global Cryotherapy devices and key vendor selection criteria 3. Where are the Cryotherapy devices manufactured? What is the average margin per unit? 4. Market share of Global Cryotherapy devices manufacturers and their upcoming products 5. Cost advantage for OEMs who manufacture Global Cryotherapy devices in-house 6. 5 key predictions for next 5 years in Global Cryotherapy devices market 7. Average B-2-B Cryotherapy devices price in all segments 8. Latest trends in Cryotherapy devices market, by every market segment 9. The market size (both volume and value) of the Cryotherapy devices in 2024-2030 and every year in between? 10. Production breakup of Cryotherapy devices by suppliers and their OEM relationship RELATED REPORTS
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