Cryotherapy Market is expected to Grow at a CAGR of 7.12% through 2030F
Increasing cases of cervical and
skin cancer and development of new cryotherapy devices drive Global Cryotherapy
market in the forecast period 2026-2030.
According to TechSci Research report, “Cryotherapy
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”, Cryotherapy Market was valued at USD 215.55 Million in 2024 and is expected to reach USD 323.06 Million by 2030 with a CAGR of 7.12% during the forecast period. Cryotherapy is commonly used to
treat several medical ailments, including pain, malignant and benign tumors,
tissue destruction or infections, and sports injuries. Cryotherapy is a pain
control treatment that uses localized freezing temperatures to kill an
irritated nerve, aberrant skin cells, or specific areas of various tumors like
prostate cancer and skin cancer (called cryosurgery). Cryotherapy involves
inserting a probe into the tissue, close to the affected nerve, to freeze it.
The freezing downregulates the nerve, hence relieving painful nerve irritation. Cryotherapy
is an efficient and reasonably safe method of treating localized nerve
irritation. However, the use of hazardous freezing gases in certain
cryotherapies, as well as a lack of information about the benefits of
cryotherapy, are challenges impeding the market expansion.
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The global cryotherapy market is
segmented into by therapy type, by device type, by application, by end user and
by region.
Based on application, Pain Management was the dominant
segment in the cryotherapy market. This prominence stems from cryotherapy’s
effectiveness in reducing inflammation, relieving chronic pain, and
accelerating recovery, which addresses a widespread and growing healthcare need.
Chronic pain conditions such as arthritis, fibromyalgia, and neuropathy affect
millions worldwide, creating a substantial demand for non-invasive and
drug-free treatment alternatives. Cryotherapy offers a valuable solution by
targeting affected areas with extreme cold, reducing nerve activity and
inflammation, and providing lasting pain relief without the side effects
associated with many medications. While surgical applications utilize
cryotherapy for tissue ablation and tumor removal, these procedures are more
specialized and less frequent compared to the ongoing need for pain management
therapies. Beauty and wellness applications, including skin rejuvenation and
cellulite reduction, are popular but typically represent elective or
lifestyle-driven treatments with smaller patient populations. The versatility and broad applicability of cryotherapy in
managing various pain conditions, combined with increasing awareness of its
benefits among patients and healthcare providers, solidify Pain Management as
the leading end-use segment. Its critical role in improving quality of life for
individuals with chronic pain supports sustained growth and investment within
this sector of the cryotherapy market.
Based on end user, Hospitals and specialty clinics have emerged as the fastest-growing segment in the cryotherapy market, driven by their increasing integration of cryotherapy into multidisciplinary treatment plans. These facilities are rapidly expanding their use of cryotherapy to address a broad range of conditions—from chronic pain and inflammation to sports injuries and post-surgical recovery—reflecting growing clinical acceptance and patient demand. As the therapeutic benefits of cryotherapy gain traction, hospitals and specialty clinics are scaling up their capabilities to offer these services as part of comprehensive care models.
This growth is further propelled by their access to advanced medical infrastructure and highly trained professionals, which ensures safe and effective cryotherapy administration. The credibility and regulatory compliance associated with hospital-based care enhances patient confidence, leading to wider adoption. In addition, these institutions often invest in the latest cryotherapy technologies, staying at the forefront of innovation and driving patient outcomes. The segment is also benefiting from increased referrals within the healthcare ecosystem and growing involvement in clinical research, which continues to validate cryotherapy’s efficacy. As demand rises for evidence-based, non-invasive treatment alternatives, hospitals and specialty clinics are expanding their role—making them a key force behind the accelerating growth of the global cryotherapy market.
Major companies operating in global
cryotherapy market are:
·
Medtronic Plc.
·
CooperSurgical, Inc.
·
Brymill Cryogenic Systems
·
CryoConcepts LP
·
Galil Medical Inc.
·
Zimmer MedizinSysteme GmbH
·
METRUM CRYOFLEX Sp. z o.o.
·
Cortex Technology ApS
·
R&D Krion LLC
·
Easytech s.r.l.
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“The North America region dominated the market and is expected to maintain its
dominance in the coming years due to several ongoing projects to launch new
cryotherapy devices. North America is one of the largest in the world and are
expected to drive the demand for Global Cryotherapy Market. People
are looking for new therapy that provide immediate cure at a fair cost. India,
China, Japan, and Europe are investing significant amounts in the development
of new cryotherapy devices, for the detection of cervical and skin cancer and
are actively promoting eco-friendly innovations in their countries. Rising
incidences of skin cancer and the high awareness on the benefits of cryotherapy
in the realms of beauty and wellness are anticipated to foster the overall market
progression over the coming years”, said Mr.
Karan Chechi, Research Director of TechSci Research, a research based global
management consulting firm.
“Cryotherapy Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented by Therapy Type (Cryosurgery, Icepack Therapy, Chamber Therapy), By Device Type (Cryo Probes, Cryoguns, Localized Cryotherapy Devices, Cryochambers & Cryosaunas, Others), By Application (Surgical Applications, Pain Management, Beauty & Wellness, Others), By End User (Hospitals & Specialty Clinics, Cryotherapy Centers, Spas & Fitness Centers, Others), By Region and Competition, 2020-2030F”, has
evaluated the future growth potential of global cryotherapy market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global cryotherapy market.
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