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According to the WHO, cancer is the second-leading cause of mortality worldwide. Globally, 19.3 million people were diagnosed with cancer in 2020, and 9.96 million died of the disease. Cryosurgery is a minimally invasive procedure. It has many benefits over traditional operations, such as faster wound healing, shorter hospital stays, and less discomfort and surgical wounds.
Key Growth Drivers:
- Increase in prevalence of injuries
The global market for cryochambers is expected to have high demand over the forecast period due to the prevalence of muscular discomfort and sports injuries, which is expected to continue to rise. The market will expand more quickly during the forecast period of 2022–2029. On the other hand, as the number of cryochambers increases globally, this will open up more chances and fuel the expansion of the cryochambers market throughout the course of the forecast period.
- Rise in cryotherapy
The rising trend of cryotherapy at spas and wellness centres will increase the demand for cryochambers. This therapy is gaining popularity due to its supposed beneficial effects on eczema, depression, anxiety, exercise recovery, and reduction in pain and inflammation.
The report outlines the involvement of key players, including:
Zimmer MedizinSysteme GmbH (Germany), KrioSystem (Poland), Air Products and Chemicals Inc. (U.S.), METRUM CRYOFLEX POLSKA (Poland), Novotech (Australia), CryoAction (U.K.), JUKA (Germany), Cryosense (Spain), CRYO (Poland)
Key Market Segmentation
Type (Individual Units/Cryosauna, Multiple Person Units/Cryochambers), Application (Fitness Center and Beauty Spa, Cryotherapy Centers, Sports Clubs and Athletes Associations)
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