Cryotherapy Surgical Applications Market Size (2023-2030)

The Global Cryotherapy Surgical Applications Market was estimated to be worth USD 4.3 billion in 2022 and is projected to reach a value of USD 9.56 billion by 2030, growing at a CAGR of 10.5% during the forecast period 2023-2030.

Cryotherapy is frequently used to treat a variety of health conditions, such as pain, benign and malignant tumors, tissue damage, and sports injuries. Additionally, it enhances immunological function by raising the body's white blood cell count. Cryotherapy also helps to relieve headaches and migraines by lowering inflammation and restricting blood vessels in the skull. It is used to treat a range of medical ailments, such as arthritis, skin diseases, chronic pain, and sports injuries. Athletes also utilize it to cure sports injuries including muscular strains, hasten the healing process following injuries, and enhance performance.

Global Cryotherapy Surgical Applications Market Drivers:

An increase in the frequency of cancer and sports injuries necessitating the removal or destruction of aberrant tissues using cryosurgery or cryoablation:

Extreme cold is used in cryosurgery and cryoablation, two types of cryotherapies, to kill aberrant tissues like cancer cells. Applying it to the skin or within the body requires the use of a cryoprobe. Numerous malignancies, including prostate, liver, bone, and cervical cancers, can be treated using cryosurgery. Precancerous cells in the skin and cervix can also be treated with it. Another ailment that can benefit from cryotherapy, particularly whole-body cryotherapy (WBC), is sports injury. The body is exposed to very cold air (between 110°C and 140°C) for a brief period (2 to 3 minutes) during WBC. After a sports injury, WBC can aid in reducing pain, inflammation, and tissue damage. Improving blood flow and muscular function can help speed up the recovery process after exercise.

An increase in the use of cryotherapy in dermatology for cosmetic purposes, such as the removal of moles, skin tags, actinic keratosis, and warts:

Liquid nitrogen or other gases are applied directly to skin lesions, such as warts, skin tags, moles, and actinic keratoses, during cryosurgery. As a result, the lesions freeze and peel off, leaving behind skin that is cleaner and smoother. Cryofacial, which includes placing the face and neck in a chamber with extremely cold air (between 110°C and 140°C) for two to three minutes. This tightens the pores, increases collagen formation, decreases inflammation, and promotes blood circulation. Additionally, it can aid with wrinkles, age spots, discomfort, migraines, and acne. Using rollers, massagers, or other cold devices to apply ice to the skin at home is known as skin icing. Puffiness, redness, oiliness, and acne outbreaks can all be lessened as a result. Additionally, it can help the skin sparkle and improve the absorption of skincare products. Although cryotherapy is typically regarded as safe and beneficial for aesthetic uses, it can occasionally result in unfavorable side effects such as numbness, tingling, frostbite, or hyperpigmentation. A dermatologist should be consulted before attempting any cryotherapy procedures.

Cryotherapy Surgical Applications Market Challenges:

Cryotherapy side effects include frostbite, nerve damage, skin irritation, or hyperpigmentation may discourage some patients from choosing treatment:

When exposed to extreme cold, the skin and underlying tissues can freeze and suffer damage, which is known as frostbite. Blisters, numbness, discomfort, and tissue loss may ensue from this. Nerve injury is a condition in which the nerves are harmed or degraded as a result of pressure or cold. This may lead to sadness, mood swings, weakness, muscular spasms, and loss of sensation. Skin irritation is a condition in which exposure to cold or contact with cryogenic liquids or gases causes the skin to become red, irritated, or infected. Itching, burning, swelling, scarring, and hyperpigmentation may arise from this.

COVID-19 Impact on Global Cryotherapy Surgical Applications Market:

The COVID-19 pandemic epidemic had a huge effect on the cryotherapy industry. While the third wave of COVID-19 struck certain nations and had an impact into the third quarter of 2021. Due to a variety of factors, including the rising prevalence of cancer and chronic conditions including fibromyalgia, arthritis, and rheumatic ailments, cryotherapy is becoming more and more popular. Globally, there were 19.3 million new instances of cancer in 2020, and there were 9.96 million cancer-related deaths. A minimally invasive treatment is cryosurgery. It has several benefits over traditional procedures, including quicker wound healing, shorter hospital stays, and less pain and wounds from the surgery.

Global Cryotherapy Surgical Applications Market Recent developments:

• In September 2021: The CryoPen Cryosurgical System, a portable tool that employs nitrous oxide cartridges to perform precise and controlled freezing of skin lesions, was just released, according to CryoConcepts.
• In August 2021: To create and sell innovative cryoablation devices for the treatment of different diseases, including prostate, kidney, and liver tumors, Medtronic and Galil Medical have partnered strategically.

CRYOTHERAPY SURGICAL APPLICATIONS MARKET REPORT COVERAGE:

Global Cryotherapy Surgical Applications Market Segmentation:

Global Cryotherapy Surgical Applications Market Segmentation: By Product

• Cryosurgery Devices
• Localized Cryotherapy Devices
•  Cryochambers and Cryosuanas

Devices used in cryosurgery employ extremely freezing temperatures to kill aberrant tissues such as skin tags, warts, and cancerous cells.  Devices known as localized cryotherapy administer cold therapy to a particular part of the body, such as the face, neck, or joints. Cryochambers and cryo saunas are machines that expose the entire body or a specific area of the body to extremely cold air (between 110°C and 140°C) for a brief period (between 2 and 3 minutes).

The need for whole-body cryotherapy (WBC) in fitness centers, spas, and wellness clinics is predicted to increase market demand for cryo chambers and cryo saunas, which is likely to rise at the quickest rate. WBC has several advantages, including lowering inflammation, promoting blood flow, increasing collagen formation, and boosting mood and vitality. Due to its greater market share compared to other sectors, the cryo chambers and cryo saunas segment is also anticipated to be the most dominating one in the market. The growing knowledge and appeal of WBC among athletes, celebrities, and the general public are the driving forces behind this section.

Global Cryotherapy Surgical Applications Market Segmentation: By Application

• Surgical Applications
• Pain Management
• Sports Medicine and Physiotherapy
• Beauty Applications

Cryotherapy is used in surgical applications to treat a range of illnesses and ailments, including cancer, heart arrhythmias, skin blemishes, and hemorrhoids. Cryotherapy is used in pain treatment to lessen discomfort, swelling, and tissue damage brought on by chronic diseases, operations, and traumas.  Cryotherapy is used in sports medicine and physiotherapy to enhance the health, performance, and recovery of athletes and patients receiving physical therapy.  Cryotherapy is used in beauty applications to improve the look and condition of the skin and hair.

Due to the rising demand for cryotherapy in beauty and wellness clinics, spas, and salons, the market sector with the highest growth is predicted to be beauty applications. In terms of aesthetic applications, cryotherapy has several advantages, including a reduction in cellulite, wrinkles, acne, pigmentation, and wrinkles; a stimulation of collagen formation; a tightening of pores; and an improvement in skin tone and texture. Due to its larger market share compared to other sectors, the surgical applications segment is anticipated to be the most dominating one in the market. The increased incidence of cancer and cardiac conditions, which may be treated with cryosurgery or cryoablation, is what is driving this market.

Global Cryotherapy Surgical Applications Market Segmentation: By End User

• Hospitals & Clinics
• Cryotherapy Centers
• Spas & Fitness Centers

Healthcare institutions including hospitals and clinics offer cryotherapy treatments for a range of illnesses including cancer, heart arrhythmias, skin blemishes, and pain control. Specialized facilities known as cryotherapy centers provide cryotherapy treatments for a variety of health and wellness needs, including recuperation, exercise, and beauty. Cryotherapy treatments are provided in spas and fitness facilities for a variety of aesthetic and health goals, including skin renewal, weight loss, and stress reduction.

Due to the rising demand for cryotherapy among customers looking to enhance their looks, performance, and well-being, spas and fitness centers are predicted to have the fastest market growth. For spas and fitness facilities, cryotherapy has several advantages, including the ability to bring in new clients, boost client retention, raise satisfaction levels, and increase income. Due to its greater market share compared to other categories, the hospitals and clinics segment is anticipated to be the most dominating one in the market. The increased frequency of illnesses and ailments like cancer and cardiac arrhythmias that may be treated with cryotherapy is what is driving this market.

Global Cryotherapy Surgical Applications Market Segmentation: By Region

• North America
• Europe
• Asia-Pacific
• Middle East and Africa
• South America

North America is made up of the United States, Canada, Mexico, and Costa Rica. Due to the high incidence of cancer and heart disorders, the rising demand for minimally invasive treatments, the growing awareness and popularity of cryotherapy among consumers, the existence of significant market participants, and cutting-edge healthcare facilities, this area is predicted to dominate the market. Asia-Pacific, which also includes Singapore, South Korea, Taiwan, Thailand, Malaysia, Philippines, Australia, China, India, Indonesia, and other countries. Due to increased disposable income, expanding healthcare infrastructure, rising medical tourism, and growing consumer demand for cryotherapy, this area is anticipated to develop at the quickest rate. Europe is made up of nations including France, Germany, Italy, the Netherlands, Russia, Spain, and the United Kingdom. Due to the expanding senior population, the rise in sports injuries, the increased acceptance of cryotherapy for wellness and aesthetic applications, and favorable reimbursement regulations, this area is predicted to have substantial development.  Middle East and Africa, which includes countries like Qatar, Saudi Arabia, South Africa, and the United Arab Emirates. Due to the lack of knowledge, accessibility, and cost of cryotherapy treatments in some locations, this region is predicted to expand at a slow rate. Argentina, Brazil, and other countries are all in South America. Due to the poor penetration of cryotherapy goods and equipment in some places, this sector is predicted to expand slowly.

Key Players:

1. Brymill Cryogenic Systems
2. Metrum Cryoflex
3. CryoConcepts LP
4. Medtronic
5. Cortex Technology
6. Medtronic Medicale S.r.l.
7. Cryoalfa
8. Wallach Surgical Devices
9. Zimmer MedizinSysteme GmbH 
10. Kriosystem Life