Cryotherapy Market - Forecast(2022 - 2027)
Cryotherapy Market Overview The global Cryotherapy Market is estimated to grow at a CAGR of 9.05% during the forecast period 2019–2025. The market is projected to grow from $189.1m in 2018 to $346.5m by 2025. Cryotherapy or cold therapy can be considered a medical treatment to dampen muscle soreness, treat chronic pain, rheumatoid arthritis, anxiety, asthma, migraine and others. These ice baths are also preferred by individuals trying to reduce body weight as cryotherapy helps increase metabolism by keeping body temperatures high. Cryotherapy also helps is the treatment of localized nerve irritation by neutralizing nerves. Key Takeaways In the coming years, growing interest in Cryotherapy is due to its treatment abilities. Cryotherapy is used for cancer treatment, treatment of chronic body pain as a result of the long sitting hours and other lifestyle activities. Product launch was a key sustainability strategy adopted by the market players to ensure the growth of Cryotherapy Market.