Cryotherapy
is an alternative tumor treatment option, usually preferred in cases
wherein removal of tumor using conventional surgery is not effective.
Cryotherapy is also utilized in treating skin disorders, for
anti-aging, muscle pain and recovery, and for muscle-related
injuries. Cryotherapies are broadly classified as localized/surgical
cryotherapy or cryosurgery and whole-body cryotherapy. Cryosurgery is
used for treatment of skin conditions, cancer, and pain. Whole body
cryotherapy (WBC) find applications in health and fitness, generally
performed opted for by athletes and film personalities. Liquid
nitrogen cooled sauna or cryotherapy chamber (exposed to fresh
oxygenated cooled air) are some of the more non-conventional
techniques employed in WBC. Cryotherapy chambers are usually
preferred by cryotherapy centers or at home-facilities. Cryo-guns,
cryo probes and gas cylinders are mainly used in hospitals and
clinics for major cryotherapy procedures.
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Market
Dynamics
The
global cryotherapy market growth is expected to be mainly driven by
increasing incidence of cancer and high prevalence of skin disorders.
According to WCRF International, 1.1 million new cases of prostate
cancer among men were diagnosed in 2012. Incidence rates are
especially high in Australia, New Zealand, North America, and in
Western and Northern European countries.
Moreover,
the global cryotherapy market is characterized by varied end users
such as hospitals, cryotherapy centers, fitness centers, and
specialty clinics. Use of cryotherapy as a mode of alleviating
muscular pain is increasing rapidly with the advent of cryotherapy
chambers. Exposure to fresh oxygenated cooled air rather than liquid
nitrogen, which poses threat to life if exposed for long time, is
driving attention for cryotherapy chambers among consumers intending
to reduce pain by cryotherapy. Although, treatment has been
beneficial in many cancer cases, more studies are required to
establish safety and effectiveness as opposed to chemotherapy,
surgery, and radiation therapy.
Market
Major Players
Major
players operating in the global cryotherapy market include
CryoConcepts LP, Wallach Surgical Devices, CooperSurgical,
Inc., Cryoalfa, Medtronic PLC, US Cryotherapy, Metrum Cryoflex,
Brymill Cryogenic Systems, and Galil Medical, Inc.
Market
Taxonomy
This
report segments the global cryotherapy market on the basis of product
type, application, therapy type, end user, and geography. On the
basis of product type, the global cryotherapy market is categorized
into cryo-gun, cryo probes, gas cylinders, and others. On the basis
of application, the market is segmented into oncology, cardiology,
dermatology, pain management, and others. On the basis of therapy
type, the global cryotherapy market is segmented into cryosurgery,
ice-pack and cryo chamber therapy. The end user segment is divided
into hospitals, fitness centers, specialty clinics and cryotherapy
centers. For comprehensive understanding of market dynamics, the
global cryotherapy market is analyzed across key geographical regions
namely North America, Europe, Asia Pacific, Latin America, Africa,
and Middle East. Each of these regions is analyzed on basis of market
findings across major countries in these regions for a macro-level
understanding of the market.
Detailed
Segmentation:
Global
Cryotherapy Market, By Product Type:
•
Cryogun
•
Cryo Probes
•
Gas Cylinders
•
Others (Cryochambers, thermocouple device, etc.)
Global
Cryotherapy Market, By Application:
•
Oncology
•
Cardiology
•
Dermatology
•
Pain Management
•
Other
Global
Cryotherapy Market, By End User:
•
Hospitals
•
Specialty Clinics
•
Fitness centers
•
Cryotherapy centers
Global
Cryotherapy Market, By Geography:
•
North America
•
Latin America
•
Europe
•
Asia Pacific
•
Middle East
•
Africa
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