polarismarketresearch.com added Cryotherapy Market Report provides an analytical assessment of the prime challenges faced by this Market currently and in the coming years, which helps Market participants in understanding the problems they may face while operating in this Market over a longer period of time.
The global cryotherapy market size is set to achieve 6.72 billion by 2026 at a CAGR of 9.8% according to a new study published by Polaris Market Research. The key players in Cryotherapy market include CryoConcepts LP, Medtronic plc, Brymill Cryogenci Systems, Cortex Technoologies, Cooper Surgical, Inc., and Zimmer Medizin Systems.
Cryotherapy is known in medical science as an application of low temperature for treating malignant tissues and malignant tissue damage called lesions. Cryotherapy finds common applications in treating muscle pain, sprains, swelling, soft tissue damage and postoperative swelling.
Cryotherapy known as cryoablation is a non-invasive therapy that is useful in pain reduction, abnormal skin treatment and treating local tumors. Cryosurgery is directing extreme cold to diseased tissues to destroy them. Then, ice pack therapy is administered to an injured area of body. It is for no small reason that cryotherapy devices market is considered the most potent treatment for cancer. Rising incidences of cancer will give growth to phenomenal strides in market. Cryotherapy, also called cryoablation, is a non-invasive therapy used for alleviating pain, treating abnormal skin, and treating localized tumors. It can be administered locally or on whole body.
The key factors driving cryotherapy market include high prevalence of cancer, increasing demand for minimally invasive procedures, technological prowess in cryotherapy equipment and growing popularity in fitness, wellness and beauty industries. Uncertainty over traditional methods still exist because use of argon gas and crypto probes are not definitive standards and have to seek approval by the regulatory body. Safety and effectiveness have a long way to go. Hence lack of clinical evidences is limiting factors to growth of cryotherapy units market.
High-risk cryogenic gases and strict regulatory approvals for the gases could be defining restraints for the market. On the other hand, success factors for cryosurgery are that it scores over traditional surgery, marked by few complications, negligible scars, less pain and shorter hospitals stay. These factors will bolster market.
Do you have questions or special requirements? Ask our industry experts: https://www.polarismarketresearch.com/industry-analysis/cryotherapy-market/speak-to-analyst
Polaris Market Research has segmented the global cryotherapy market on the basis of product type, application, therapy, end-user and region:
Cryotherapy Product Type Outlook (Revenue USD Million 2015-2026)
- Gas Cylinders
- Gas Pressure Gauges
- Thermocouple Devices
Cryotherapy Application Outlook (Revenue USD Million 2025-2026)
- Pain Management
Cryotherapy Therapy Type Outlook (Revenue USD Million 2015-2026)
- Icepack therapy
- Cryo chamber therapy
Polaris Market Research