Discover trends, market shifts, and competitive outlooks for the cryotherapy industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What is the Anticipated CAGR of the Cryotherapy Market, and What Factors Will Drive It?

The expansion of the cryotherapy market has been swift in recent times, with projections showing its growth from $8.32 billion in 2024 to $9.21 billion in 2025, showcasing a compound annual growth rate (CAGR) of 10.7%. The historic growth can be traced back to increased cancer prevalence, a growing preference for less invasive methods, more widespread use of cryosurgery, a surge in the popularity of cryotherapy for sports and fitness purposes, and an increased inclination towards minimally or non-invasive procedures.

Expectations are high for the cryotherapy market as it is projected to experience accelerated growth in the coming years. By 2029, it’s anticipated to amass a worth of $13.77 billion with a compound annual growth rate (CAGR) of 10.6%. Factors contributing to the growth in this forecast period include the increase in non-invasive and minimally invasive procedures, the surge in product launches, affordability of cryotherapy equipment, increased utilization of cryotherapy devices, and an enlarged focus on broadening the applications of cryotherapy. Significant trends forecasted for this period incorporate technological innovations in cryotherapy equipment, introduction of new products, tech invasions in cryotherapy, and advancements in healthcare.

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What are the Fundamental Drivers and Innovations Shaping the Cryotherapy Market?

The surge in the number of non-invasive and minimally invasive procedures is anticipated to fuel the expansion of the cryotherapy market. These kinds of procedures are medical interventions aimed to diagnose, treat, or manage health conditions, causing minimal interruption to the body’s usual anatomy and function. The fact that they pose lower risks and complications, enable quicker recovery, and involve minimal downtime and less pain has increased the demand. Cryotherapy provides a non-invasive method to address a wide range of medical conditions and cosmetic issues, making it a desirable choice for patients looking for less invasive alternatives to conventional surgical procedures. For instance, The Aesthetic Society, a U.S.-based organization, reported that total minimally invasive cosmetic procedures in the USA jumped to 23.7 million in 2022, a 70% rise from 2021. Furthermore, Americans spent over $11.8 billion on aesthetic procedures in 2022, marking a 2% increase from the previous year. Therefore, the rising number of non-invasive and minimally invasive procedures is triggering the cryotherapy market’s growth.

How Is the Cryotherapy Market Segmented?

The cryotherapy market covered in this report is segmented –

1) By Therapy Type: Cryosurgery, Icepack Therapy, Chamber Therapy

2) By Device: Cryosurgery Device, Localized Cryotherapy Device, Cryochambers And Cryosaunas, Cryogun

3) By Application: Surgical Applications , Oncology, Dermatology, Cardiology

4) By End-user: Hospitals And Specialty Clinics, Cryotherapy Centers, Spas And Fitness Centers

Subsegments:

1) By Cryosurgery: Tumor Treatment, Skin Lesion Treatment, Cryoablation for Cardiac Arrhythmia, Cryoneurolysis For Pain Management, Cryosurgery For Eye Disorders

2) By Icepack Therapy: Cold Compress For Injury Recovery, Post-Surgical Ice Therapy, Sports Injury Treatment, Pain and Inflammation Reduction, Swelling Control

3) By Chamber Therapy: Whole-Body Cryotherapy, Localized Cryotherapy, Cryofacials, Cryotherapy for Muscle Recovery, Cryotherapy for Skin Rejuvenation, Cryotherapy For Pain Relief And Inflammation

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Which Regions Are Driving the Next Phase of the Cryotherapy Market Growth?

North America was the largest region in the cryotherapy market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cryotherapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What Key Trends Are Shaping the Future of the Cryotherapy Market?

Leading companies in the cryotherapy market are advancing their offerings with unique disposable cryocare devices, such as the Isolis cryoprobe, designed to meticulously freeze and destroy targeted tissues. The Isolis cryoprobe is a disposable, single-use device, scheduled to be replaced after a certain time period. In May 2023, for example, Varian Medical Systems, a medical device enterprise based in the US, introduced the Isolis cryoprobe, a one-time use, disposable device created for cryoCare systems to enhance procedural efficiency and precision in cryoablation. This new model of Isolis cryoprobe offers heightened control to interventional radiologists, alongside features that boost reliability, precision, and efficiency. It comes with a compact 2.1mm/14-gauge shaft and a pointed probe tip for straightforward and exact placement. Isolis is the pioneer cryoprobe to offer potential integration with the myNeedle Laser guidance system by Siemens Healthineers. It’s useful in a broad range of surgical processes, encompassing general surgery, urology, gynecology, oncology, neurology, dermatology, ENT, proctology, pulmonary surgery, and thoracic surgery, and facilitates the freezing and ablation of tissues at incredibly low temperatures.

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How Is the Cryotherapy Market Defined and What Are Its Core Parameters?

Cryotherapy is a therapeutic technique that involves exposing the body or specific body parts to extremely low temperatures for a brief period of time. It is commonly used to alleviate pain, reduce swelling, accelerate healing, improve recovery after exercise or injury, and enhance athletic performance.

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