The Europe Cryochambers Market is there to witness remarkable growth in the forecast period. The existing scenario implies the consumerization of healthcare. In other words, technology is relieving the hospital staff from providing an appropriate level of the care needed, that too, in a better way. Data-driven diagnosis has seen the light of the day in wake of habits and requirements of smartphone-oriented patients. This would be the future of the healthcare vertical.
Proactive lifestyle and fluctuating temperatures experienced across the European region are, at many times, the cause of several chronic disorders. Growing incidence of chronic medical conditions, coupled with distress caused due to unfavorable temperature changes, continue to stimulate the adoption of cryotherapy in Europe. Persistence Market Research’s recent report on Europe’s cryochambers market delivers insights on how the temperature-based medical therapy is picking up momentum. Decreasing inflammation, increasing metabolism and reduction of chronic pain & fatigue are some of the essential benefits of cryotherapy that will continue to compel the use of cryochambers in Europe. The report estimates that a little over US$ 65 Mn worth of cryochambers are expected to be sold in Europe by the end of 2026.
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In 2016, the Europe crychambers market was valued at US$ 43 Mn, and is anticipated to register a steady growth at 5.4% CAGR during the forecast period. Demand for cryochambers is also expected to rise in Europe, owing to improving outcomes of cryotherapy and prevalence of health trends. In order to boost personal happiness and increase performance levels, urban consumers in European countries will be opting for cryotherapy as a remedy to their hectic livelihood.
In the report, titled “Cryochambers Market: Europe Industry Analysis and Forecast, 2016-2026,” Germany, France, Poland and the UK are projected to be at the forefront of Europe’s cryochambers market. These countries will continue to dominate the market with a revenue share of more than 10%. The report further reveals that throughout the forecast period, the consumption of multiple-person cryochamber will be considerable higher than individual cryochambers. Over two-third of Europe’s cryochamber revenues will be accounted by sales of multiple-person units across the region.
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Company Profiles:
- 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
The report estimates that in 2016, more than 200 units of cryochambers were sold across Europe, anticipating that this number could rise at 6.3% CAGR and reach 336 by the end of 2026. Almost every boon attained from undertaking cryotherapy helps in rejuvenating ones’ personal appearance, which is why the report expects higher consumption of cryochambers by dermatologists for cosmetic applications. Through 2026, every other cryochamber sold in Europe is likely to be used for dermatology or cosmetic applications. The need for cryochambers will also gain traction for sports medicine & pain management applications.
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