Cryotherapy Surgical Applications Market Size (2024 – 2030)

The Global Cryotherapy Surgical Applications Market was estimated to be worth USD 4.3 billion in 2023 and is projected to reach a value of USD 8.65 billion by 2030, growing at a CAGR of 10.5% during the forecast period 2024-2030.

Many medical disorders, including pain, benign and malignant tumors, tissue damage, and sports injuries, are commonly treated using cryotherapy. By increasing the body's white blood cell count, it also improves immunological function. Due to its ability to reduce inflammation and constrict blood vessels in the skull, cryotherapy also aids in the relief of headaches and migraines. Numerous medical conditions, including arthritis, skin conditions, chronic pain, and sports injuries, are treated with it. It is also used by athletes to treat sports injuries, including as strained muscles, speed up the healing process after injuries, and improve performance.

Key Market Insights:

The market for cryotherapy is being driven by a discernible change in patient preferences. When it comes to surgery, more than 70% of patients choose less invasive methods. This trend is well suited for cryotherapy, which has fewer side effects and quicker recovery periods than conventional surgery. Technological developments in cryotherapy are quickly changing the industry. As an example, the creation of cryoprobes with unmatched accuracy. With the use of these cutting-edge instruments, surgeons may precisely target aberrant tissue while causing the least amount of harm to the surrounding good tissue.  The advantages of cryotherapy are becoming increasingly well-known to the public. Increasing media coverage and the success of clinical studies are probably important reasons.In contrast to just 35% in 2020, more than 60% of patients are now aware that cryotherapy is a possible course of treatment. Because less invasive therapies like cryotherapy have fewer side effects and quicker recovery periods than standard surgery, more people are choosing them. It is anticipated that this tendency will keep driving the industry ahead.

Global Cryotherapy Surgical Applications Market Drivers:

A rise in cancer cases and sports-related injuries that call for the use of cryosurgery or cryoablation to remove or destroy abnormal tissues:

Cryosurgery and cryoablation are two forms of cryotherapies that employ extreme cold to destroy abnormal tissues, such as cancer cells. It needs to be applied externally or inside by cryoprobe. Cryosurgery is a useful treatment for many tumors, including those of the prostate, liver, bone, and cervical regions. It can also be used to treat precancerous cells in the cervix and skin. Sports injuries are another condition that can benefit from cryotherapy, especially whole-body cryotherapy (WBC). During WBC, the body is exposed to very cold air (110°C to 140°C) for a limited duration (2 to 3 minutes). WBC may help to lessen tissue damage, discomfort, and inflammation following a sports injury. Enhancing muscle function and blood flow can hasten the healing process following exercise.

A rise in the cosmetic applications of cryotherapy in dermatology, including the excision of warts, skin tags, actinic keratosis, and moles.

During cryosurgery, liquid nitrogen or other gases are directly administered to skin lesions such as actinic keratoses, skin tags, warts, and moles. Consequently, the lesions freeze and peel off, revealing smoother, cleaner skin beneath. Cryofacial, which entails spending two to three minutes with the face and neck submerged in a chamber filled with ice-cold air (between 110°C and 140°C). In addition to increasing collagen synthesis, tightening pores, and promoting blood circulation, this also reduces inflammation. It can also help with acne, wrinkles, age spots, pain, and migraines. Skin icing is the practice of applying ice to the skin at home using rollers, massagers, or other cold equipment. Therefore, acne breakouts, redness, oiliness, and puffiness can all be reduced.

Global Cryotherapy Surgical Applications Market Restraints and Challenges:

Frostbite is the term for the damage that occurs when the skin and underlying tissues freeze in extremely cold temperatures. This might lead to blisters, numbness, pain, and tissue loss. A condition known as nerve injury occurs when the nerves are damaged or deteriorated due to pressure or cold. Sadness, mood fluctuations, weakness, muscle spasms, and lack of feeling might result from this. Skin irritation is a medical disorder characterized by redness, irritability, or infection on the skin because of exposure to cold or contact with cryogenic liquids or gases. This may result in burning, itching, swelling, scarring, and hyperpigmentation.

Global Cryotherapy Surgical Applications Market Opportunities:

The market for cryotherapy surgical applications is expected to increase significantly worldwide. Extreme cold is used in this minimally invasive approach to target and kill aberrant tissues. Cryotherapy is a therapeutic option for gynecological problems, skin disorders, cancer, and pain management. Rising cancer rates, patient preferences for less invasive procedures, technical developments in cryotherapy, and greater knowledge of its advantages are some of the reasons driving this market rise. Businesses may take advantage of this by creating cryotherapy equipment that is more user-friendly and effective, increasing therapeutic applications, increasing patient and healthcare provider awareness, and breaking into new markets. The need for more studies on long-term safety and efficacy, the expensive cost of the devices, and the scarcity of qualified carers are some of the difficulties.

CRYOTHERAPY SURGICAL APPLICATIONS MARKET REPORT COVERAGE:

Global Cryotherapy Surgical Applications Market Segmentation: By Product

• Cryosurgery Devices

• Localized Cryotherapy Devices

•  Cryochambers and Cryosuanas

Cryo chamber and cryo sauna market demand is expected to expand at the fastest pace due to the requirement for whole-body cryotherapy (WBC) in fitness centers, spas, and wellness clinics. WBC offers several benefits, such as reducing inflammation, enhancing blood flow, improving the production of collagen, and elevating energy and mood. Cryo chambers and cryo saunas are also expected to be the most dominant category in the market because of their higher market share in comparison to other sectors. This section is motivated by the increasing awareness and interest in WBC among athletes, celebrities, and the general population.

Global Cryotherapy Surgical Applications Market Segmentation: By Application

• Surgical Applications

• Pain Management

• Sports Medicine and Physiotherapy

• Beauty Applications

The industry segment expected to develop at the fastest rate is forecast to be beauty applications because of the growing demand for cryotherapy in spas, salons, and beauty and wellness centers. Cryotherapy has several benefits when it comes to aesthetic applications. These benefits include decreased cellulite, wrinkles, acne, pigmentation, and wrinkles; increased collagen synthesis; pore tightening; and improved skin tone and texture. The surgical applications category is predicted to be the most dominant one in the market because of its higher market share in comparison to other sectors. This market is being driven by the rising prevalence of cardiac diseases and cancer, which can be treated with cryoablation or cryosurgery.

Global Cryotherapy Surgical Applications Market Segmentation: By End User

• Hospitals & Clinics

• Cryotherapy Centers

• Spas & Fitness Centers

With consumers seeking to improve their appearance, functionality, and overall health becoming more and more interested in cryotherapy, it is anticipated that the spa and fitness industry will develop at the quickest rate. Cryotherapy offers several benefits for spas and fitness centers, such as increasing revenue and bringing in new customers while also improving client retention and happiness. The hospitals and clinics sector is expected to have the largest market share in the market due to its higher market share than other categories. This market is being driven by the rise in diseases and conditions including cancer and heart arrhythmias that may be treated with cryotherapy.

Global Cryotherapy Surgical Applications Market Segmentation: By Region

• North America 

• Asia-Pacific 

• Europe 

• South America 

• Middle East and Africa

The United States, Canada, and Mexico comprise North America. This market is expected to dominate due to the high prevalence of heart problems and cancer, the growing demand for minimally invasive treatments, the growing consumer awareness and acceptance of cryotherapy, the presence of major market participants, and state-of-the-art healthcare facilities. Asia-Pacific is made up of a few nations, including Australia, China, India, Indonesia, Singapore, South Korea, Taiwan, Thailand, Malaysia, and the Philippines. This sector is expected to grow at the fastest pace because of rising medical tourism, developing healthcare infrastructure, rising disposable income, and growing consumer demand for cryotherapy. France, Germany, Italy, the Netherlands, Russia, Spain, and the United Kingdom are among the countries that make up Europe.

COVID-19 Impact Analysis on the Global Cryotherapy Surgical Applications Market:

The cryotherapy sector was significantly impacted by the COVID-19 pandemic outbreak. However, the third wave of COVID-19 affected several countries and continued until the third quarter of 2021. Cryotherapy is growing in popularity due to a few reasons, such as the increased incidence of cancer and chronic illnesses including fibromyalgia, arthritis, and rheumatic diseases. In 2020, there were 19.3 million new cases of cancer worldwide, and 9.96 million deaths from cancer-related causes. Cryosurgery is a less invasive procedure. Compared to standard treatments, it offers a few advantages, such as less discomfort and surgical wounds, shorter hospital stays, and faster wound healing.

Recent Trends and Developments in the Global Cryotherapy Surgical Applications Market:

According to CryoConcepts, the CryoPen Cryosurgical System is a portable device that uses nitrous oxide cartridges to freeze skin lesions precisely and carefully. It was just released.Medtronic and Galil Medical have strategically teamed to produce and market cutting-edge cryoablation devices for the treatment of various illnesses, such as liver tumors, kidney, and prostate cancer.

Key Players:

1. Brymill Cryogenic Systems

2. Cortex Technology

3. Cryoalfa

4. CryoConcepts LP

5. Kriosystem Life

6. Medtronic

7. Medtronic Medicale S.r.l.

8. Metrum Cryoflex

9. Wallach Surgical Devices

10. Zimmer MedizinSysteme GmbH