Home / Medical Devices / Cryotherapy Devices Market By Type (Cryosurgery Devices, Whole Body Cryotherapy Devices (Cyrochambers), Partial Body Cryotherapy Devices), By Application (Pain Management, Surgical Applications, Others) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Cryotherapy Devices Market By Type (Cryosurgery Devices, Whole Body Cryotherapy Devices (Cyrochambers), Partial Body Cryotherapy Devices), By Application (Pain Management, Surgical Applications, Others) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Published: Dec 2018 | Report Code: 59469-12-18

Industry Outlook

Growing adoption of minimally invasive procedures and enhanced safety profile of cryoablation and cryotherapy are the key factors that are determining the overall trends in the global cryotherapy devices market. These factors have led to increased adoption of cryotherapy devices in cardiology, renal conditions, pain management and tumor removal. Cryotherapy mainly involved administration through very low temperatures in surgery and chambers. Agents such as carbon dioxide, argon, liquid nitrogen and dimethyl ether propane are extensively employed in cryotherapy applications. Increasing popularity of cryotherapy in treatment of several cancers, musculoskeletal conditions, chronic pain and cosmetic treatments is also witnessed in the market, where critically high emphasis is observed in dermatology and beauty treatments.

Market Synopsis

Cryotherapy Devices Market

Cryosurgery Devices to Dominate the Global Market

The global cryotherapy devices market, by product types is segmented into cryosurgery devices whole body cryotherapy devices and partial body cryotherapy devices. Cryosurgery devices segment is further classified as contact probes, spray probes and epidermal and subcutaneous cryoablation devices. At present, cryosurgery devices command the global market and is expected to retain its dominance through the forecast period. Cryosurgery involves minimally invasive procedure and is therefore in high demand in the global markets. Treatment of cardiovascular diseases and tumors by freezing the damaged or cancerous tissue is gaining high demand due to its proven safety. Further adjoining chemotherapy and hormonal therapy with cryosurgery promoted improved treatment outcomes. Application of cryotherapy in dermatology is anticipated to gain rapid market growth during the forecast period. Cryosurgery is easily performed in office settings with high safety, and has wide dermatological application in treating conditions such as actinic keratosis, benign neoplasms, seborrheic keratosis and carcinoma.

Cryotherapy Devices Market

Surgical applications is the highest revenue generating segment

Based on the application areas, the global cryotherapy market is segmented into pain management, surgical applications, and others. Among these, surgical applications dominate the global market, wherein the demand for oncology application is the highest. In the recent years, there has been an increasing demand for minimally invasive surgical procedures. Advancements in intraoperative imaging techniques are primarily attributed to the growing demand for minimally invasive surgical procedures. For the purpose of tumor management with cryosurgery, intraoperative ultrasound guidance is employed.

Cryotherapy Devices Market

North America set to remain the largest regional market

North America currently is the largest regional market for cryotherapy devices. The dominance of this region is attributed to high prevalence of cancer demanding minimally invasive surgeries, swift approvals for novel devices, and better reimbursements. Significant prevalence of cancer in the region, along with high preference for employing novel surgical solutions is also a key characteristic of North America market. Furthermore, the demand for asthetic procedures for anti-aging and sun damage repair is also contributing to growing demand for cryotherapy devices in North America. The demand for whole body cryotherapy devices (cryochambers) is significantly high in the region. Proliferation of asthetics and cosmetics, and overall wellbeing industry is also contributing to the high demand for whole body cryotherapy devices.

Cryotherapy Devices Market

Cryotherapy Devices Market

Historical & Forecast Period

2016 – Historical Year

2017 – Base Year

2018-2026 – Forecast Period

This research report presents the analysis of each considered segment for the period from 2016 to 2026, having 2017 as the base year for estimations. Compounded annual growth rates (CAGRs) for each segment are calculated for the forecast period from 2018 to 2026.

Cryotherapy Devices Market

Report Scope by Segments

The cryotherapy devices Market report provides quantitative assessment of the industry terms of current and forecasted market size, while also presenting the market dynamics. This market is segmented based on type, applications, testing type, and geography.

By Type (2016–2026; US$ Mn)

  • Cryosurgery Devices
  • Contact Probes
  • Spray Probes
  • Epidermal and Subcutaneous Cryoablation Devices
  • Whole Body Cryotherapy Devices (Cyrochambers)
  • Partial Body Cryotherapy Devices

By Application (2016–2026; US$ Mn)

  • Pain Management
  • Surgical Applications
  • Dermatology
  • Oncology
  • Cardiology
  • Others
  • Others (Beauty, Health and Wellbeing)

Geography Segment (2016–2026; US$ Mn)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • Rest of APAC
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC
    • Rest of Middle East and Africa

This report also includes qualitative information sets for each segment considered along with other information such as market trends, drivers, challenges and opportunities. Market positioning of key players operating in this industry is also graphically demonstrated in this study. The report concludes with profiling of major companies occupying key position in the global market. The major market players profiled in this report include US Cryotherapy, Impact Cryotherapy, Cryo Innovations, Medtronic plc, Cryoconcepts LP, CooperSurgical, Inc., Zimmer MedizinSysteme GmbH, METRUM CRYOFLEX Sp. z o.o., Sp. k., Erbe Elektromedizin GmbH, Cryoswiss GmbH, Brymill Cryogenic Systems, and Galil Medical, Inc.

Key questions answered in this report

  • What is the forecasted size of the global cryotherapy devices market in 2026?
  • Will the dominance of the cryosurgery devices segment challenged by any other product type?
  • Which are the key driving factors contributing to the dominance of oncology surgical devices segment?
  • Will the rapidly growing Asia Pacific market surpass the robust North America market within the forecast period?

Chapter 1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Cryotherapy Devices Market Portraiture
2.2. Global Cryotherapy Devices Market, by Type, 2017 (US$ Mn)
2.3. Global Cryotherapy Devices Market, by Application, 2017 (US$ Mn)
2.4. Global Cryotherapy Devices Market, by Geography, 2017 (US$ Mn)

Chapter 3. Global Cryotherapy Devices Market: Dynamics and Future Outlook
3.1. Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global Cryotherapy Devices Market, by Key Players, 2017

Chapter 4. Global Cryotherapy Devices Market, by Type, 2016 - 2026 (US$ Mn)
4.1. Overview
4.2. Cryosurgery Devices
4.2.1. Contact Probes
4.2.2. Spray Probes
4.2.3. Epidermal and Subcutaneous Cryoablation Devices
4.3. Whole Body Cryotherapy Devices (Cyrochambers)
4.4. Partial Body Cryotherapy Devices

Chapter 5. Global Cryotherapy Devices Market, by Application, 2016 - 2026 (US$ Mn)
5.1. Overview
5.2. Pain Management
5.3. Surgical Applications
5.3.1. Dermatology
5.3.2. Oncology
5.3.3. Cardiology
5.3.4. Others
5.4. Others (Beauty, Health and Wellbeing)

Chapter 6. Global Cryotherapy Devices Market, by Geography, 2016 – 2026 (US$ Mn)
6.1. Overview
6.1.1. North America Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
6.1.2. North America Cryotherapy Devices Market, by Type, 2016 - 2026 (US$ Mn)
6.1.3. North America Cryotherapy Devices Market, by Application, 2016 - 2026 (US$ Mn)
6.1.4. North America Cryotherapy Devices Market, by Country, 2016 – 2026 (US$ Mn)
6.1.4.1. U.S.
6.1.4.2. Canada
6.2. Europe Cryotherapy Devices Market, 2016 – 2026 (US$ Mn)
6.2.1. Europe Cryotherapy Devices Market, by Type, 2016 - 2026 (US$ Mn)
6.2.2. Europe Cryotherapy Devices Market, by Application, 2016 - 2026 (US$ Mn)
6.2.3. Europe Cryotherapy Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.2.3.1. U.K.
6.2.3.2. Germany
6.2.3.3. Rest of Europe
6.3. Asia Pacific Cryotherapy Devices Market, 2016 – 2026 (US$ Mn)
6.3.1. Asia Pacific Cryotherapy Devices Market, by Type, 2016 - 2026 (US$ Mn)
6.3.2. Asia Pacific Cryotherapy Devices Market, by Application, 2016 - 2026 (US$ Mn)
6.3.3. Asia Pacific Cryotherapy Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.3.3.1. China
6.3.3.2. Japan
6.3.3.3. Rest of Asia Pacific
6.4. Latin America Cryotherapy Devices Market, 2016 – 2026 (US$ Mn)
6.4.1. Latin America Cryotherapy Devices Market, by Type, 2016 - 2026 (US$ Mn)
6.4.2. Latin America Cryotherapy Devices Market, by Application, 2016 - 2026 (US$ Mn)
6.4.3. Latin America Cryotherapy Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.4.3.1. Brazil
6.4.3.2. Mexico
6.4.3.3. Rest of Latin America
6.5. Middle East & Africa Cryotherapy Devices Market, 2016 – 2026 (US$ Mn)
6.5.1. Middle East & Africa Cryotherapy Devices Market, by Type, 2016 - 2026 (US$ Mn)
6.5.2. Middle East & Africa Cryotherapy Devices Market, by Application, 2016 - 2026 (US$ Mn)
6.5.3. Middle East & Africa Cryotherapy Devices Market, by Region, 2016 – 2026 (US$ Mn)
6.5.3.1. GCC
6.5.3.2. Rest of Middle East & Africa

Chapter 7. Company Profiles
7.1. Medtronic plc
7.1.1. Business Description
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. US Cryotherapy
7.3. Impact Cryotherapy
7.4. Cryo Innovations
7.5. Cryoconcepts LP
7.6. CooperSurgical, Inc.
7.7. Zimmer MedizinSysteme GmbH
7.8. METRUM CRYOFLEX Sp. z o.o., Sp. k.
7.9. Erbe Elektromedizin GmbH
7.10. Cryoswiss GmbH
7.11. Brymill Cryogenic Systems
7.12. Galil Medical, Inc.

FIG 1. Cryotherapy Devices Market: Research Methodology
FIG 2. Market Size Estimation – Top Down & Bottom up Approach
FIG 3. Cryotherapy Devices: Market Segmentation
FIG 4. Global Cryotherapy Devices Market, by Type, 2017 (US$ Mn)
FIG 5. Global Cryotherapy Devices Market, by Application, 2017 (US$ Mn)
FIG 6. Global Cryotherapy Devices Market, by Geography, 2017 (US$ Mn)
FIG 7. Attractive Investment Proposition, by Geography, 2017
FIG 8. Competitive Analysis: Global Cryotherapy Devices Market, by Key Players, 2017
FIG 9. Global Cryotherapy Contact Probes Market, 2016 - 2026 (US$ Mn)
FIG 10. Global Cryotherapy Spray Probes Market, 2016 - 2026 (US$ Mn)
FIG 11. Global Cryotherapy Epidermal and Subcutaneous Cryoablation Devices Market, 2016 - 2026 (US$ Mn)
FIG 12. Global Whole Body Cryotherapy Devices (Cyrochambers) Devices Market, 2016 - 2026 (US$ Mn)
FIG 13. Global Partial Body Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 14. Global Cryotherapy Devices Market for Pain Management, 2016 - 2026 (US$ Mn)
FIG 15. Global Cryotherapy Devices Market for , 2016 - 2026 (US$ Mn)
FIG 16. Global Other Cryotherapy Devices Market Dermatology, 2016 - 2026 (US$ Mn)
FIG 17. Global Cryotherapy Devices Market for Oncology, 2016 - 2026 (US$ Mn)
FIG 18. Global Cryotherapy Devices Market for Cardiology, 2016 - 2026 (US$ Mn)
FIG 19. Global Cryotherapy Devices Market for Other Surgical Applications, 2016 - 2026 (US$ Mn)
FIG 20. Global Cryotherapy Devices Market for Other Applications, 2016 - 2026 (US$ Mn)
FIG 21. U.S. Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 22. Canada Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 23. U.K. Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 24. Germany Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 25. Rest of Europe Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 26. China Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 27. Japan Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 28. India Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 29. Rest of Asia Pacific Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 30. Brazil Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 31. Mexico Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 32. Rest of Latin America Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 33. GCC Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)
FIG 34. Rest of Middle East and Africa Cryotherapy Devices Market, 2016 - 2026 (US$ Mn)

TABLE 1 Global Cryotherapy Devices Market Portraiture
TABLE 2 Global Cryotherapy Devices Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 3 Global Cryosurgery Devices Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 4 Global Cryotherapy Devices Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 5 Global Cryotherapy Devices Market, by Surgical Applications, 2016 – 2026 (US$ Mn)
TABLE 6 Global Cryotherapy Devices Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 7 North America Cryotherapy Devices Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 8 North America Cryotherapy Devices Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 9 North America Cryotherapy Devices Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 10 Europe Cryotherapy Devices Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 11 Europe Cryotherapy Devices Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 12 Europe Cryotherapy Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 13 Asia Pacific Cryotherapy Devices Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 14 Asia Pacific Cryotherapy Devices Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 15 Asia Pacific Cryotherapy Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 16 Latin America Cryotherapy Devices Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 17 Latin America Cryotherapy Devices Market, by Application, 2016 – 2026 (US$ Mn
TABLE 18 Latin America Cryotherapy Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 19 Middle East and Africa Cryotherapy Devices Market, by Type, 2016 – 2026 (US$ Mn)
TABLE 20 Middle East and Africa Cryotherapy Devices Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 21 Middle East and Africa Cryotherapy Devices Market, by Region, 2016 – 2026 (US$ Mn)
TABLE 22 Medtronic plc: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 US Cryotherapy: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 Impact Cryotherapy: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 25 Cryoconcepts LP: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 26 CooperSurgical, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 Zimmer MedizinSysteme GmbH: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 METRUM CRYOFLEX Sp. z o.o., Sp. k.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 29 Erbe Elektromedizin GmbH: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 30 Cryoswiss GmbH: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 31 Brymill Cryogenic Systems: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 32 Galil Medical, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)

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