GLOBAL CRYOTHERAPY MARKET INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2016–2024 © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Global Cryotherapy Market Overview The Global Cryotherapy Market was valued at US$ 2,414.2 million in 2015 and is projected to expand at a CAGR of 8.5 % during the forecast period (2016–2024), as highlighted in a new report published by Coherent Market Insights. Increasing incidence of cancer and growing inclination of the populace towards maintaining beauty and wellness is expected to support growth of the global cryotherapy market over the forecast period. Increasing number of sports injuries is consequently leading to higher adoption of cryotherapy to aid faster recovery and decrease muscle pain. Thus, use of cryo chambers is increasing exponentially in developed regions such as the U.S., U.K., Australia, and Germany. For instance, the management of Wales rugby team decided to provide cryotherapy to the team in a six day turnover period between its games with Italy and England (February 2017). The team required a faster recovery considering the spree of matches ahead, for which the Welsh Rugby Union flew its team from Rome to Wales. However, high capital investment and dearth of trained professionals to handle the cryotherapy equipment inhibits growth of the cryotherapy market in emerging economies in Asia Pacific and Africa. Request Sample Copy of the Business Report: https://www.coherentmarketinsights.com/insight/request-sample/133 © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION A fast emerging application area of cryotherapy is in treatment of localized cancer. Though these claims are yet to be substantiated, increasing incidence of cancer and the quest to find a less painful treatment option for the same is expected to create a highly conducive environment for growth of the cryotherapy market. According to the World Health Organization (WHO), 14 million new cancer cases were diagnosed worldwide in 2012. The organization estimates that the incidence will increase by 70% over the following two decades. Moreover, according to WHO, cancer is the second leading cause of death worldwide. Increase in awareness about cryotherapy is expected to fuel the global cryotherapy market growth. Browse Press Release: https://www.coherentmarketinsights.com/pressrelease/cryotherapy-market-to-surpass-us-49-billion-by-2024-27 Cryotherapy involves application of extremely cold air, as cool as -264 degree Fahrenheit, to heal injuries in athletes. Moreover, cryotherapy is a very effective solution in alleviating pain. Localized cryotherapy is widely used to treat tumor cells located in any part of the body. Prostate cancer is one of the prominent condition being treated by cryotherapy in developed regions such as the North America, and Europe. Furthermore, popularity of cryotherapy in these regions, along with in Australia, Japan and New Zealand is leading to establishment of cryotherapy centers across these developed economies. © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Key takeaways of the market: • The global cryotherapy market is characterized by strategic research and development to establish evidence in the safe and effective use of cryotherapy in various disease conditions • The global cryotherapy market is expected to expand at a CAGR of 8.5% during the forecast period (2016–2024). Rising prevalence of caner and increasing demand for improving aesthetic appeal and wellness across the globe is expected to favor the market growth for cryotherapy over the forecast period. • The oncology application segment in the global cryotherapy market was estimated to be the largest in 2015 and is expected to retain its dominance in the market throughout the forecast period in terms of value. • In terms of product type, the cryogun product type segment is expected to expand at a significant CAGR of 9.0% during the forecast period, owing to • Some of the major players present in the global cryotherapy market include CryoConcepts LP, Wallach Surgical Devices, CooperSurgical, Inc., Cryoalfa, Medtronic PLC, US Cryotherapy, Metrum Cryoflex, Brymill Cryogenic Systems, Galil Medical, Inc., Special Medical Technology Co., Ltd., Zimmer MedizinSystems and Mectronic Medicale s.r.l. Request For Customization@ https://www.coherentmarketinsights.com/insight/request-customization/133 © Coherent market Insights. All Rights Reserved ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. 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All Rights Reserved KEY STATS RESEARCH SOLUTIONS 100+ FEASIBILITY STUDIES Insights Published Per Year GLOBAL REPORTS 150+ Consulting Projects Till Date COUNTRY ANALYSIS CONSULT PROJECTS 125+ Clients Worldwide Per Year 110+ SURVEY RESEARCH EXCEL FORECAST DATABASE CUSTOMIZED SOLUTIONS COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved
Cryotherapy is an alternative tumor treatment option, usually preferred in cases wherein removal of tumor using conventional surgery is not effective. Cryotherapy is also utilized in treating skin disorders, for anti-aging, muscle pain and recovery, and for muscle-related injuries. Cryotherapies are broadly classified as localized/surgical cryotherapy or cryosurgery and whole-body cryotherapy. Cryosurgery is used for treatment of skin conditions, cancer, and pain. Whole body cryotherapy (WBC) find applications in health and fitness, generally performed opted for by athletes and film personalities. Liquid nitrogen cooled sauna or cryotherapy chamber (exposed to fresh oxygenated cooled air) are some of the more non-conventional techniques employed in WBC. Cryotherapy chambers are usually preferred by cryotherapy centers or at home-facilities. Cryo-guns, cryo probes and gas cylinders are mainly used in hospitals and clinics for major cryotherapy procedures. Request Sample Copy of the Business Report: https://www.coherentmarketinsights.com/insight/request-sample/133
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