Europe Cryochambers Market

Market Study on European Cryochambers: Poland Emerges as the Fastest-Growing Market in the Region

Europe Cryochambers Market Segmented By Individual Units/Cryosauna, Multiple Person Units/Cryochambers Product for Dermatology and Beauty Applications, Pain Management and Sports Medicine

Industry: Healthcare

Published Date: March-2017

Format: PPT*, PDF, EXCEL

Delivery Timelines: Contact Sales

Number of Pages: 139

Report ID: PMRREP14374

Report Price

$ 4900*

Buy Now

Rapid expansion of product indications and geographical expansion of product offerings by key players are the key growth drivers in the Europe cryochambers market

Cryotherapy is the application of extremely low temperature (-170 C to -240 C) applied for a short time to achieve medical or aesthetic effects such as stimulation of physiological reactions in the human body. Ever-increasing beauty industry of Europe is adopting the thriving new concept of whole body cryotherapy, which is attributed to the growth of the Europe cryochambers market. Increasing adoption of whole body cryotherapy by sports persons and elite athletes is increasing demand for cryochambers in Europe.

Rising number of sports injuries and continuous expansion of cryotherapy applications are some of the factors driving revenue growth of the Europe cryochambers market. Key players in the Europe market are focusing on forming strategic partnerships with key end users such as sports associations.

Persistence Market Research forecasts the Europe cryochambers market to grow from more than US$ 40 Mn in 2015 to nearly US$ 66 Mn by 2024 end. This represents a CAGR of 5.4% over the forecast period. The Europe cryochambers market is anticipated to represent absolute $ opportunity of US$ 2.2 Mn in 2017 over 2016 and incremental opportunity of nearly US$ 26 Mn between 2016 and 2024.

Europe cryochambers market is expected to be driven by the adoption of whole body cryotherapy in sports medicine

Europe cryochambers market is mainly driven by rapid adoption by sports and athletes associations, entry of new players in the market, launch of new user-friendly and advanced products, captivating product features offered by companies etc.

Moreover, surge in the number of sports injuries, expansion of product indications, and geographical expansion of product offerings by key market players are some other factors fueling the growth of the Europe cryochambers market over the forecast period. Introduction of more efficient cryosauna is expected to increase the adoption rate of individual cryotherapy chambers by facilities such as spas and fitness centers.

However, lack of evidence pertaining to the safety and efficacy of cryotherapy for certain medical applications, lack of fully evolved regulatory pathways, adverse effects of cryotherapy, shortage of cryogenic liquids and gases in some of the central and eastern European countries etc. are the prominent factors limiting the growth of the Europe cryochambers market.

Poland is projected to dominate the Europe cryochambers market over the forecast period 2016–2024

The Europe cryochambers market has been segmented by country into Germany, Italy, France, U.K., Spain, Poland, Belgium, Netherlands, Czech Republic and Rest of Europe. Poland will continue to lead the Europe market through 2024 and is expected to register a CAGR of 6.6% over the forecast period.

Poland Cryochambers Market Analysis and Forecast, 2016–2024

Poland has highest number of modern cryochambers in operation and majority of them are used in medical applications

The Poland cryochambers market will grow from more than US$ 7 Mn in 2015 to nearly US$ 13 Mn by 2024 end. Poland is the fastest growing market for cryochambers in Europe and virtually every rehabilitation and physiotherapy center in Poland is equipped with individual or multiple person cryochambers. The market is expected to create incremental opportunity of nearly US$ 6 Mn between 2016 and 2024 and is expected to contribute 22.4% of the total incremental opportunity of the Europe cryochambers market.

Poland Cryochambers Market Attractiveness Analysis, 2016–2024

Availability of unique cold retention cryochambers in the country distinguishes the Poland cryochambers market from other European markets

By product type, multiple person cryochambers dominated the Poland cryotherapy market in terms of revenue in 2015 and is projected to continue to do so over the forecast period. The multiple person cryochambers segment is expected to represent a market attractiveness index of 1.3.

Despite the fact that individual cryotherapy units are more economical, multiple person cryochambers are more popular in Poland due to their safety aspects, which avoid direct contact of liquid cryogens with the patient’s body. The dermatology and beauty applications segment and the fitness center and beauty spa end user segment are expected to be the most lucrative market segments over the forecast period.

Europe Cryochambers Market

Analyst Viewpoint

Growing number of sports injuries provides opportunity for manufacturers and distributors of cryochambers to expand the install base

Cryotherapy is largely applied in the treatment and healing of sports injuries and muscle soreness caused to athletes. Increasing number of sports injuries across the globe provides good opportunity to manufacturers of cryotherapy chambers to expand their business by providing cryosaunas to sports associations. Out of all sports injuries, over 57% of injuries are caused due to football and basketball, where cryotherapy can be effectively applied to hasten the healing process.

Market Segmentation

Product Type

  • Individual Units/Cryosauna
    • Devices
    • Services
  • Multiple Person Units/Cryochambers
    • Devices
    • Services

Application

  • Dermatology and Beauty Applications
  • Pain Management and Sports Medicine
  • Others (Rehabilitation, Heath & Wellness, etc.)

End User

  • Fitness Center and Beauty Spa
  • Cryotherapy Centers
  • Sports Clubs and Athletes Associations
  • Others

Countries

  • Germany
  • Italy
  • France
  • U.K
  • Spain
  • Poland
  • Belgium
  • Netherlands
  • Czech Republic
  • Rest of Europe

To know more about delivery timeline for this report Contact Sales

Companies Covered in This Report

  • Zimmer MedizinSysteme GmbH
  • KrioSystem Sp. z.o.o
  • Air Products and Chemicals, Inc.
  • METRUM CRYOFLEX Sp. z o.o., Sp. K.
  • Novotech S.R.O
  • CryoAction Limited
  • JUKA SP. Z.O.O. SP.K.
  • Cryosense
  • CRYO Science
  • Others

Thank you for taking time to visit our website, click like if you found the information on this page useful?

This site uses cookies, including third-party cookies, that help us to provide and improve our services.
Google translate