The cryochambers market size has grown strongly in recent years. It will grow from $6.7 billion in 2023 to $7.3 billion in 2024 at a compound annual growth rate (CAGR) of 9%. The expansion observed in the historical period can be attributed to several factors, including increased research and development efforts, widespread adoption within the sports and fitness industry, the growing popularity of cryotherapy, rising demand for non-invasive therapeutic options, and the adoption of cryochambers within the sports and fitness sector.
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 projected growth in the forecast period can be attributed to several key factors, including the expansion into new markets, regulatory support and the establishment of standards, broader applications within the medical field, and increasing demand across sectors such as healthcare, automotive, and consumer electronics, driven by overall economic growth. Major trends expected in the forecast period encompass the integration of artificial intelligence (AI) and Internet of Things (IoT) technologies into cryochamber systems, the emergence of hybrid cryotherapy solutions combining different therapeutic approaches, greater integration and validation of cryotherapy within medical practices, a focus on sustainable practices in manufacturing and operation, an emphasis on enhancing user experience, and an increase in partnerships and collaborations within the industry.
The anticipated rise in sports and fitness injuries is poised to drive the expansion of the cryochambers market in the foreseeable future. Sports and fitness injuries, stemming from participation in physical activities or exercises, are on the uptrend due to factors such as rigorous training regimes, inadequate conditioning, suboptimal technique, equipment-related issues, and environmental factors. Cryotherapy, particularly in cryochambers, has emerged as a favored modality in the rehabilitation protocols of athletes and sports professionals, aiding in injury recovery and facilitating post-training or post-competition recuperation. Cryochamber sessions have shown promise in hastening recovery from sports-related injuries such as strains, sprains, and muscle soreness, enabling athletes to resume training and competitions expeditiously. Notably, according to the National Safety Council (NSC), the number of individuals treated in emergency departments for sports and recreational equipment-related injuries reached 3.6 million in 2022, marking a 12% increase from 2021, underscoring the impetus behind the growth of the cryochambers market.
Prominent players in the cryochambers market are strategically focused on developing innovative products such as electronically-cooled chambers to cater to customers' evolving needs with enhanced functionalities. Electronically-cooled cryochambers, specialized chambers utilized in cryotherapy, leverage electronic mechanisms to generate and sustain cold temperatures within the chamber. For instance, in September 2021, CryoAction, a UK-based cryochamber solutions manufacturer, introduced electronically-cooled whole-body cryotherapy chambers renowned for their enhanced efficiency and cost-effectiveness. These chambers, cooled solely from within, offer faster cooling times and reduced temperature losses between treatments compared to conventional models. Featuring meager running costs and the capability to operate for extended durations with automated cooldown and regeneration cycles, these units offer unparalleled convenience and reliability. Moreover, their versatility allows for precise temperature control, catering to diverse therapeutic needs and ensuring optimal treatment outcomes.
In March 2022, Pietro Fiorentini Group, an Italy-based entity specializing in systems and components for natural gas metering, acquired 60% of the shares of CRYO INOX for an undisclosed sum. This strategic acquisition by Pietro aims to broaden its product portfolio with cutting-edge technological solutions across various industries, enhancing its foothold in critical markets related to energy and sustainability. CRYO INOX, headquartered in Spain, is renowned for manufacturing cryochambers and cryogenic equipment, aligning with Pietro's strategic objectives of technological innovation and market expansion.
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.
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.
The countries covered in the cryochambers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cryochambers are therapeutic devices or facilities specifically engineered to subject the human body to exceptionally low temperatures for brief durations, aiming to achieve therapeutic objectives. These chambers employ cryotherapy techniques to stimulate physiological responses, which in turn promote a range of health benefits, including muscle recovery, pain management, and improvements in overall well-being.
The primary types of cryochamber markets consist of individual units, also known as cryosaunas, and multiple-person units, often referred to as cryochambers. Individual units, such as cryosaunas, are compact chambers designed for single-person use during cryotherapy sessions. These units are commonly utilized in various applications including fitness centers, beauty spas, cryotherapy centers, sports clubs, and athlete associations, offering therapies such as cryosurgery, icepack therapy, and chamber therapy.
The cryochambers market research report is one of a series of new reports that provides cryochambers market statistics, including the cryochambers industry global market size, regional shares, competitors with a cryochambers market share, detailed cryochambers market segments, market trends and opportunities, and any further data you may need to thrive in the cryochambers industry. This cryochambers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cryochambers market consists of revenues earned by entities by providing services such as skin rejuvenation, boosting metabolism, and whole-body cryotherapy (WBC). The market value includes the value of related goods sold by the service provider or included within the service offering. The cryochambers market includes sales of cryotherapy equipment, protective gear, and therapeutic tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
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 projected growth in the forecast period can be attributed to several key factors, including the expansion into new markets, regulatory support and the establishment of standards, broader applications within the medical field, and increasing demand across sectors such as healthcare, automotive, and consumer electronics, driven by overall economic growth. Major trends expected in the forecast period encompass the integration of artificial intelligence (AI) and Internet of Things (IoT) technologies into cryochamber systems, the emergence of hybrid cryotherapy solutions combining different therapeutic approaches, greater integration and validation of cryotherapy within medical practices, a focus on sustainable practices in manufacturing and operation, an emphasis on enhancing user experience, and an increase in partnerships and collaborations within the industry.
The anticipated rise in sports and fitness injuries is poised to drive the expansion of the cryochambers market in the foreseeable future. Sports and fitness injuries, stemming from participation in physical activities or exercises, are on the uptrend due to factors such as rigorous training regimes, inadequate conditioning, suboptimal technique, equipment-related issues, and environmental factors. Cryotherapy, particularly in cryochambers, has emerged as a favored modality in the rehabilitation protocols of athletes and sports professionals, aiding in injury recovery and facilitating post-training or post-competition recuperation. Cryochamber sessions have shown promise in hastening recovery from sports-related injuries such as strains, sprains, and muscle soreness, enabling athletes to resume training and competitions expeditiously. Notably, according to the National Safety Council (NSC), the number of individuals treated in emergency departments for sports and recreational equipment-related injuries reached 3.6 million in 2022, marking a 12% increase from 2021, underscoring the impetus behind the growth of the cryochambers market.
Prominent players in the cryochambers market are strategically focused on developing innovative products such as electronically-cooled chambers to cater to customers' evolving needs with enhanced functionalities. Electronically-cooled cryochambers, specialized chambers utilized in cryotherapy, leverage electronic mechanisms to generate and sustain cold temperatures within the chamber. For instance, in September 2021, CryoAction, a UK-based cryochamber solutions manufacturer, introduced electronically-cooled whole-body cryotherapy chambers renowned for their enhanced efficiency and cost-effectiveness. These chambers, cooled solely from within, offer faster cooling times and reduced temperature losses between treatments compared to conventional models. Featuring meager running costs and the capability to operate for extended durations with automated cooldown and regeneration cycles, these units offer unparalleled convenience and reliability. Moreover, their versatility allows for precise temperature control, catering to diverse therapeutic needs and ensuring optimal treatment outcomes.
In March 2022, Pietro Fiorentini Group, an Italy-based entity specializing in systems and components for natural gas metering, acquired 60% of the shares of CRYO INOX for an undisclosed sum. This strategic acquisition by Pietro aims to broaden its product portfolio with cutting-edge technological solutions across various industries, enhancing its foothold in critical markets related to energy and sustainability. CRYO INOX, headquartered in Spain, is renowned for manufacturing cryochambers and cryogenic equipment, aligning with Pietro's strategic objectives of technological innovation and market expansion.
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.
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.
The countries covered in the cryochambers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cryochambers are therapeutic devices or facilities specifically engineered to subject the human body to exceptionally low temperatures for brief durations, aiming to achieve therapeutic objectives. These chambers employ cryotherapy techniques to stimulate physiological responses, which in turn promote a range of health benefits, including muscle recovery, pain management, and improvements in overall well-being.
The primary types of cryochamber markets consist of individual units, also known as cryosaunas, and multiple-person units, often referred to as cryochambers. Individual units, such as cryosaunas, are compact chambers designed for single-person use during cryotherapy sessions. These units are commonly utilized in various applications including fitness centers, beauty spas, cryotherapy centers, sports clubs, and athlete associations, offering therapies such as cryosurgery, icepack therapy, and chamber therapy.
The cryochambers market research report is one of a series of new reports that provides cryochambers market statistics, including the cryochambers industry global market size, regional shares, competitors with a cryochambers market share, detailed cryochambers market segments, market trends and opportunities, and any further data you may need to thrive in the cryochambers industry. This cryochambers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cryochambers market consists of revenues earned by entities by providing services such as skin rejuvenation, boosting metabolism, and whole-body cryotherapy (WBC). The market value includes the value of related goods sold by the service provider or included within the service offering. The cryochambers market includes sales of cryotherapy equipment, protective gear, and therapeutic tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Cryochambers Market Characteristics3. Cryochambers Market Trends and Strategies32. Global Cryochambers Market Competitive Benchmarking33. Global Cryochambers Market Competitive Dashboard34. Key Mergers and Acquisitions in the Cryochambers Market
4. Cryochambers Market - Macro Economic Scenario
5. Global Cryochambers Market Size and Growth
6. Cryochambers Market Segmentation
7. Cryochambers Market Regional and Country Analysis
8. Asia-Pacific Cryochambers Market
9. China Cryochambers Market
10. India Cryochambers Market
11. Japan Cryochambers Market
12. Australia Cryochambers Market
13. Indonesia Cryochambers Market
14. South Korea Cryochambers Market
15. Western Europe Cryochambers Market
16. UK Cryochambers Market
17. Germany Cryochambers Market
18. France Cryochambers Market
19. Italy Cryochambers Market
20. Spain Cryochambers Market
21. Eastern Europe Cryochambers Market
22. Russia Cryochambers Market
23. North America Cryochambers Market
24. USA Cryochambers Market
25. Canada Cryochambers Market
26. South America Cryochambers Market
27. Brazil Cryochambers Market
28. Middle East Cryochambers Market
29. Africa Cryochambers Market
30. Cryochambers Market Competitive Landscape and Company Profiles
31. Cryochambers Market Other Major and Innovative Companies
35. Cryochambers Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Cryochambers Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cryochambers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for cryochambers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cryochambers market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Individual Units Or Cryosauna; Multiple Person Units Or Cryochambers2) by Therapy: Cryosurgery; Icepack Therapy; Chamber Therapy
3) by Application: Fitness Center and Beauty Spa; Cryotherapy Centers; Sports Clubs; Athletes Associations.
Key Companies Mentioned: Medtronic plc; Stryker Corporation; Air Products and Chemicals; Boston Scientific Corporation; Steris plc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- 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
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | May 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 7.3 Billion |
Forecasted Market Value ( USD | $ 10.46 Billion |
Compound Annual Growth Rate | 9.4% |
Regions Covered | Global |
No. of Companies Mentioned | 27 |