Overview and Scope
Cryochambers are therapeutic devices or facilities designed to expose the human body to extremely low temperatures for short periods for therapeutic purposes. These chambers utilize cryotherapy techniques to induce physiological responses, promoting various health benefits such as muscle recovery, pain management, and enhanced overall well-being.
Sizing and Forecast
The cryochambers market size has grown strongly in recent years. It will grow from $6.70 billion in 2023 to $7.30 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to research and development initiatives, sports and fitness industry adoption, rise in cryotherapy, demand for non-invasive therapies, and adoption in the sports and fitness industry.
The cryochambers market size is expected to see strong growth in the next few years. It will grow to $10.46 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to expansion into new markets, regulatory support and standards, expansion of applications in the medical field, increasing demand in sectors like healthcare, automotive, and consumer electronics, economic growth. Major trends in the forecast period include integration of AI and IoT, hybrid cryotherapy solutions, medical integration and validation, sustainable practices, focus on user experience, partnerships and collaborations.
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The cryochambers market covered in this report is segmented –
1) By Type: Individual Units Or Cryosauna, Multiple Person Units Or Cryochambers
2) By Therapy: Cryosurgery, Icepack Therapy, Chamber Therapy
3) By Application: Fitness Center And Beauty Spa, Cryotherapy Centers, Sports Clubs, Athletes Associations
North America was the largest region in the cryochambers market in 2023. The regions covered in the cryochambers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increasing number of sports and fitness injuries are expected to propel the growth of the cryochambers market going forward. Sports and fitness injuries refer to physical injuries or conditions resulting from participating in sports activities or fitness exercises. Sports and fitness injuries are rising due to intense training, lack of conditioning, improper technique, equipment issues, and environmental conditions. Athletes and sports professionals commonly use cryotherapy in their rehabilitation programs to help recover from injuries and enhance recovery after intense training sessions or competitions. Cryochamber sessions may help athletes recover more quickly from sports-related injuries such as strains, sprains, and muscle soreness, allowing them to return to training and competition sooner. For instance, according to the National Safety Council (NSC), a US-based nonprofit organization dedicated to promoting health and safety across various sectors, the number of people treated in emergency departments for injuries involving sports and recreational equipment was 3.6 million in 2022, an increase of 12% from 2021. Therefore, increasing sports and fitness injuries is driving the growth of the cryochambers market.
Key Industry Players
Major companies operating in the cryochambers market are Medtronic plc, Stryker Corporation, Air Products And Chemicals, Boston Scientific Corporation, Steris plc, CooperSurgical Inc., DJO LLC, Novotech, Zimmer MedizinSysteme, Pregna International Limited, METRUM CRYOFLEX Sp. z o.o., Mectronic Medicale S.r.l., CryoConcepts LP., Cortex Technology, CryoAction, KrioSystem, JUKA, Impact Cryotherapy, Cryosense, Advanced Monitors Corporation, Brymill Cryogenic Systems, Wallach Surgical Devices, Cryoswiss GmbH, CryoBuilt Inc., CRYO Science, C A Manufacturing Sp zoo, Cryoalfa
The cryochambers market report table of contents includes:
1. Executive Summary
2. Cryochambers Characteristics
3. Cryochambers Trends And Strategies
4. Cryochambers – Macro Economic Scenario
5. Global Cryochambers Size and Growth
…..
32. Global Cryochambers Competitive Benchmarking
33. Global Cryochambers Competitive Dashboard
34. Key Mergers And Acquisitions In The Cryochambers
35. Cryochambers Future Outlook and Potential Analysis
36. Appendix
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